• Mayor Villaraigosa has called an 11 a.m. news conference to announce steps to avert thousands of city layoffs. "The City currently faces a Fiscal Year 2009-10 deficit of $530 million and Fiscal Year 2010-11 deficit of nearly $1 billion," his office says.
  • The mayor will be asking city unions "to discuss issues including budget cuts, furloughs and other ways to achieve savings," Rick Orlov/DN
  • City Hall and the Hollywood Heritage Society square off over the Wattles mansion. Bob Gelfand/CityWatch
  • As of today ESPN produces its 10 p.m. SportsCenter show from a new production studio at L.A. Live in Downtown. Ryan Vaillancourt/Downtown News, LAT
  • It's been a year since Ron Kaye was canned as editor of the Daily News and became a full-time political activist: "Without a doubt, this was the best year of my life." Blog
  • Longtime morning radio guy Rick Dees talks about his station switching to Spanish. Gary Lycan/Register
  • There's unhappiness about the pace of work on the new downtown arts high school. Mitchell Landsberg /LAT
  • Grist debuted a redesigned web site. Grist
  • Jose Canseco speaks at USC, few listen. Kurt Streeter/LAT
  • Jerome Waldie, the former Northern California congressman who introduced the articles of impeachment against Richard Nixon and ran for Governor in 1974, died at age 84. Chronicle, California's Capitol

LA Biz Observed headlines

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LA Biz Observed
4:03 PM Fri | CBS and ABC have far bigger fish to fry - namely whether their stations can get back the auto and retail advertising that fell off a cliff in 2009.
Native Intelligence
Jenny Price | Recycling!
Veronique de Turenne | And there's still time to take part!
Phil Wallace | Searching for answers after a third loss this year.
Deanne Stillman | Jihad and cash offers meet American soldiers during the Gulf War, and beyond.
Iris Schneider | After a tough year financially, the Museum of Contemporary Art put on a gala party to celebrate with 1,000 of its closest friends.
Jenny Burman
Thinking more about buying less.
Here in Malibu
Seriously -- turn out the lights.
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