Pre-holiday odd lots

•Socal is expected to add 1.1 million jobs and 2.2 million residents over the next 10 years, according to the Center for Continuing Study of the California Economy. “The question is whether residents and political leaders are committed to making the region a great place to live and work so that companies and families will want and be able to locate here,” said Stephen Levy, director of the independent economic research organization. Business Journal

•Tribune Co. CEO Dennis FitzSimons received 135,000 restricted stock units, which will vest over the next three years. Based on Tuesday's close of $30.40, they're worth $4.1 million. Also listed in Tribune filings as getting restricted stock is Scott Smith, president of Tribune Publishing.

•January's state and county unemployment report, which normally comes out mid-month, is being delayed until March 2. That's because the federal Bureau of Labor Statistics uses February to benchmark its employment data series and that complicates things for the state's Employment Development Department.

•Walt Disney Co. lost a court bid to void the rights to the Winnie the Pooh characters from Stephen Slesinger Inc. Slesinger acquired the rights from Milne in 1930. The ruling clears the way for Slesinger to seek more than $2 billion in damages from the Mouse House in federal court. Bloomberg

•The developer of the $2 billion Grand Avenue project is in talks bring in a 50,000 square-foot supermarket. Whole Foods is considered a strong candidate. A long-delayed Ralphs is set to open downtown in June. Business Journal

•The Dow hit its third straight all-time record close, even though it only rose 3 after spending much of the day on the down side. All the markets will be closed on Monday for President's Day. AP


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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