H&M, Hennes & Mauritz, one of the world’s largest retailers known for offering fashion-forward apparel and quality basics, will open their first location in the state of Louisiana on November 16. The new store will feature 32,000 square feet of fashion.[Continue Reading...]
Leslie Jacobs, CEO of Educate Now! and Vice Chairman of the Board of Directors of the New Orleans Business Alliance, writes an Op-Ed on the critical need for expanded career education programs as a means to grow our local workforce.
“In New Orleans, less than half (48 percent) of African-American men of working age are employed — the rest are either out of work or out of the workforce. This employment crisis threatens the livelihoods of individuals and families, as well as the fabric of our city. Our new system of schools must evolve to prepare all of our students for meaningful careers.
Let’s be clear: Our schools have made tremendous gains.[Continue Reading...]
New Orleans Mayor Mitch Landrieu was joined by HUD Secretary Shaun Donovan, the Housing Authority of New Orleans (HANO), and City and State officials to commemorate the ground breaking of the redevelopment of the Iberville Housing Development and to launch the United States Department of Housing and Urban Development (HUD) Choice Neighborhoods Initiative (CNI).
In 2011, HANO and the City of New Orleans were awarded $30.5 million from HUD to transform the Iberville development and to revitalize the historic Tremé neighborhood as a part of CNI. New Orleans was one of five cities to receive an Implementation Grant in its inaugural round.
A recent issue of the Federal Reserve Bank of Atlanta magazine highlights New Orleans’ rapid economic growth and promising future.