Archive by Month

February 29, 2008
No big Hollywood names to testify, but the folks from HBO’s “In Treatment” will have a field day.
The L.A.-based defense contractor pulls huge upset in $40-billion contract for refueling tankers.
When will investigators start asking company and government honchos about slaughterhouse abuses?
January unemployment in L.A. County was 5.7 percent, up from 5.4 percent a month earlier.
As the dollar keeps declining, cheaper California wines are finding an overseas audience.
L.A. gas prices jump, dollar keeps dropping, SAG leaders keep squabbling, and Ticketmaster talking to AEG.
February 28, 2008
A low-level employee from slaughterhouse could be cutting plea deal as Chino takes it on the chin.
Co-CEOs Robert Shaye and Michael Lynne are out as Time Warner looks to tighten up its movie operations.
Shifting a series from Webisodes to prime time could be a challenge, at least based on Tuesday night's numbers.
L.A. officials insist on jamming as many rental units into as many already-clogged neighborhoods as possible.
Bush says there's no recession, court rejects state pollution laws, and Humane Society sues USDA over cattle.
February 27, 2008
That very slight independent movie "Once" proves that cheap budgets can produce big returns.
The list includes thousands of stores and restaurants that were supplied meat from Hallmark/Westland.
In the restaurant business, loud is young and sexy; quiet is for the Early Birds.
OC new car registrations tumble 28.5 percent in January, another sign of an slowing economy. And L.A.?
More rate cuts likely, local economy on the ropes through 2008, and Pellicano defendants negotiate plea deals.
February 26, 2008
Yes, U.S. demand is slowing and that should mean lower prices. But it's a lot more complicated.
Starbucks will be closed for several hours tonight and the competition is ready to pounce.
Local restaurants and supermarkets appear to have received the beef from the Chino slaughterhouse.
More bad news on home prices, WGA seeks revenue boost, and even the Oscar ads tanked.
February 25, 2008
Movies that were too grim and had relatively little star power probably doomed this year's show.
February 23, 2008
General manager tells WSJ that cash has become tight and some customers stopped payments on checks.
February 22, 2008
An arbitration judge issued the award to a breast cancer patient whose coverage was canceled.
The new financial arrangements supposedly will allow the first phase of the project to be completed by 2011.
More likely it's just a split between the super-duper rich and the let’s-pretend rich.
Apartment rents are up, beef lobbyists pressure USDA on recall, Alitalia resumes LAX service, and Hollywood feels blue.
February 21, 2008
Getting a little outraged over Sam Zell's outrageousness? Perhaps you don't know how these guys work.
Extra work before and after the walkout is likely to cushion the minimal economic impact.
Variety up for sale, Microsoft-Yahoo deal might be close to getting done, and Omar Sharif gets his just desserts.
February 20, 2008
The man behind Newport Beach-based Pimco is sometimes accused of throwing his investment weight around.
With apologies to "Alvin and the Chipmunks," here are movies that filled seats and received good reviews.
All this suggests that at some point head honcho Sam Zell will be in major asset-selling mode.
Inflation is up, Sharper Image files Chapter 11, MySpace looking into music venture, and NBC wants year-round premieres.
Publisher is tearing apart the old-fashioned business model because a one-size fits all paper is no longer viable.
February 19, 2008
The odds of a deal are still considered low, but both sides figure they have nothing to lose.
Businesses in Huntington Beach, Anaheim, Buena Park and Santa Ana were among those issued citations.
Prices jumped $4.51, to $100.01 a barrel, which isn't supposed to happen in a slumping economy. Fooled again!
It's a first for the newspaper, which had a 15 percent drop in advertising last year.
Lindsay Lohan's fashion spread in this week's NY magazine got so many clicks that the servers crashed.
Disney's move to acquire Pixar two years ago is proving to be a financial and creative success.
Microsoft launches proxy battle for Yahoo, LAT earnings keep sinking, and inside the Chino slaughterhouse.
February 18, 2008
You might be better off in show business. Since 1990, one in four newspaper jobs have flat-out disappeared.
Don't tell anybody, but they were powdered - and his guests loved them (lots of butter and cream didn't hurt).
It's a return to those ghastly pre-1980s business sections, which were journalistic jokes.
The flashy young woman behind the Jimmy Choo empire is duking it out with her mother in court.
February 17, 2008
Health threat is small, though the feds continue looking into operations at slaughterhouse.
February 15, 2008
This is an appalling story and yet there still isn't much being reported about the company itself.
Barron's found the CNBC star to be playing fast and loose with his stock picks. But that's not the whole story.
Billionaire Ron Burkle and Activision's Bobby Kotick are on separate sides in the battle with Microsoft.
The flap over making Pico and Olympic one-way explains a lot about why nothing gets done about L.A. traffic.
Mayor pushes Pico/Olympic plan, Countrywide delinquency rate slows, and hotshots subpoenaed in Pellicano case.
February 14, 2008
Meet Jeffrey Berns of Tarzana, who last year filed more subprime-related lawsuits than anyone.
Who is the better tyrant... er, boss? We'll put our money on the Rotten Old Bastard.
You might argue that down is down, no matter the measurement. But the degree of down can be a big deal.
The NYT will eliminate 100 newsroom jobs through buyouts, attrition and possibly layoffs.
Bernanke says economy will rebound later this year, Rocky goes after health insurers, and prepare for V-Day gridlock.
February 13, 2008
The online prediction market has proven to be eerily reliable over the years. So what happened in California?
Nancy Silverton, Mario Batali and Joseph Bastianich could become the Coen brothers of the food business.
January median price is down to $458,000; L.A. County home sales tumble 50.1 percent.
The paper will reduce its workforce by 100-150 jobs, including 40-50 in the newsroom.
Actors push for early talks, Blue Cross pulls back from outrageous policy, and USC stays in Coliseum.
February 12, 2008
There's little chance of an outright acquisition, but what about Murdoch picking up a large stake?
Malibu-based publisher sells financial title to the owner New Beauty magazine, Need we say more?
Port officials are pushing for a new site in the outer habor, but community groups are raising a stink.
GM loses big bucks, writers vote on ending strike, JetBlue launches LAX service, and Lerach prepares for jail.
February 11, 2008
Trader Joe's seems to think it's perfectly safe. But many of the chain's customers apparently think otherwise.
An increase in cover prices and Hollywood sites like TMZ might have played a part.
With the strike almost over, there’s endless speculation on how the advertising landscape might change.
The San Diego attorney is headed to federal prison for his role in a kickback scheme involving class-action lawsuits.
Yahoo rejects Microsoft bid, writers hail contract, home prices fall in January, and law firm cleans up.
February 10, 2008
The new plan is for all members to cast ballots; writers could be working by Wednesday.
February 09, 2008
Grudging acceptance of the tentative agreement, but why not wait until the membership can vote?
Writers will discuss the terms at a membership meeting tonight. They could be back working by Monday.
February 08, 2008
Ad agencies, just like networks, newspapers and magazines, operate under old rules that don't work anymore.
Editor Jon Meacham is proud of his magazine - if only more people read it.
Writers strike seems to be nearing an end, credit card delinquencies are up, and another luxury condo.
Credit a writer with close ties to Peter Chernin, an agent and a top entertainment lawyer.
February 07, 2008
Would you believe a Disney theme park attraction based on the Fox series? Sure you would.
But wait a second, shouldn't Writers Guild negotiators let their members have a peek?
Wall Street isn't thrilled with plans to open fewer stores, and diners might not like the higher prices.
Paris Hilton lets her hair down to the OC Register. Oh, and she's also promoting her shoe line.
Retailers report a lousy January, restaurant chains losing business, and LB port told to clean up.
February 06, 2008
The head of the giant Blackstone Group has become the poster child for Wall Street greed.
Delta could be close to a merger with Northwest - and United with Continental.
A new WSJ survey of economists put the chances at 49 percent, up from 40 percent in January.
Homes generally don't demand a premium just because a celebrity happens to be living there.
New Line to get whacked in TW restructuring, writers at odds over tentative deal, and not enough air traffic controllers.
February 05, 2008
It will be the first time the general membership will get a briefing on the proposed contract.
As reflected in the polls, Obama has been gaining. On the Republican side, McCain has it locked up.
A Citigroup analyst says the likeliest bet is Yahoo holding out for more money and then accepting offer.
Advertisers have been slow to ramp up their online dollars because they don't know exactly what they'll be getting.
Writers close in on deal, market down sharply on new worries, and the old Super Bowl predictor is back in play.
February 04, 2008
Plans are to introduce a new "fast-casual burger concept" sometime this Spring. As reported by Nation's Restaurant News, a 2,000-square-foot...
At least a few folks are ticked off by the paper abandoning its stand-alone biz section and throwing financial news...
This is what happens when you buy into the stock market at just the wrong time. You might recall that...
Here's one more thing to worry about: The precarious state of a group of companies called monoline insurers, which basically...
Feds looking into insider sale: The SEC is investigating sales of stock by L.A. billionaire and Societe Generale board member...
February 03, 2008
How do you keep them down on the picket line after word of a breakthrough between the Writers Guild and the media companies?
February 02, 2008
A tentative agreement may come as early as the end of next week - without requiring the two sides to...
February 01, 2008
The Irvine fast-food chain has ended its relationship with Hallmark Meat Packing, a Chino slaughterhouse that's under investigation for its...
Microsoft finally does it: Lots of coverage this morning on the $44.6 billion (cash and stock) unsolicited offer for Yahoo....
© 2003-2008   •  About LA Observed  •  Contact the editor
LA Observed blogs
News & Chatter
LA Biz Observed
Gas prices are way down, DVD sales are sliding, Kaiser gets four-star rating, and no progress in SAG talks.
More From Mark Lacter:
Native Intelligence
Without referencing its recent layoff, the Ventura County Star's editor says the suburban LA paper is now "more streamlined and, in many ways, much more efficient."
We stripped the Indians of their ponies, and now we're doing it to ourselves.
TJ Sullivan / LA's fire-orange sun
When the sun looks like that, there's a big fire somewhere regardless of whether we see or smell smoke.
SoCal Sports Observed
After 22 years of loyalty, Baylor is unceremoniously shown the door.
Bill Boyarsky
Lee Abrams, Tribune Company's chief innovation officer, doesn’t seem too impressed with the Los Angeles Times. That’s the feeling I got when he appeared at the Los Angeles Press Club.
Echo Park blog
Jenny Burman
This Was Pacific Electric.
Malibu blog
Here in Malibu
Making our bed, lying in it.
We get email

Sponsors
Jewish Journal logo
California Wellness Foundation
Playa Vista ad
Premium Blogads

 
Books, Blogs & Events