• Channel 4 devoted ten minutes on its 5 p.m. newscast yesterday to saying goodbye to retired anchor Paul Moyer, despite the memo last month saying there would be "no fanfare and no formal farewells." L.A. Now, NBC 4
• Business Week bureau chief Ron Grover suspects that David Geffen's interest in buying the New York Times is deeply personal and still active. BW
• Mayor Villaraigosa asked the City Council to declare a state of fiscal emergency that would let the order furloughs and layoffs without union consent. LAT, DN
• Sen. Dianne Feinstein says "I will reluctantly vote for 1A and 1B because I do not see any way to prevent a greater financial disaster for the state of California," but she'll vote against Proposition 1C. SF Chronicle, Sausage Factory
• The state Republican Party opposes all six measures, yet has helped fund the governor's campaign for them. OC Register
• The 32nd congressional district race is being watched as clash of Latino and Asian political aspirations. LAT/Michael Finnegan, WWLA
• Democratic political strategists Garry South and Michael Bustamante are joining the bi-partisan California Strategies public affairs and strategic consulting firm. Capitol Alert
• Superior Court Judge James C. Chalfant ordered UTLA teachers not to hold a one-day strike on Friday, noting that it violates the union's contract. LAT, DN
• Police evicted homeless squatters from the shuttered former Channel 13 studios on La Brea Avenue in Hollywood. L.A. Now
• A California condor that had been released into the wild in 2003 died at the L.A. Zoo of lead poisoning. AP
• The $25 adult admission LACMA is charging for the Pompeii show is its highest ever. LAT
• Finalists for the Gerald Loeb awards in financial journalism were announced. UCLA
• Reporter Kitty Felde is blogging from her new Washington D.C., beat, including her observation that Mayor Villaraigosa just made his eighth visit this year to the capital. KPCC
• The Jewish Journal and La Opinion are publishing a joint English-Spanish supplement insert in their May 15 editions to commemorate "Fiesta Shalom," a celebration by the Jewish, Israeli and Spanish communities in Boyle Heights.

LA Biz Observed