LA Biz Observed
 
Bio • Email • Archive
 

 

At last check it was nearing $115 a barrel, which is down more than $4 on the day. A stronger dollar is being cited for the drop-off, but what's interesting is that it's happening despite Russia sending troops into a breakaway region of Georgia, a key energy transit region. That kind of global scare would normally have the markets on edge, but not today. With an hour of trading to go, stocks are up more than 300 points. (NYT, Bloomberg)

> | More
© 2003-2011   •  About LA Observed  •  Email the editor
Mark's latest news
and commentary
 
 
LA Biz Observed
by topic
Economy and jobs
Media, books & Hollywood
Politics and labor
Travel, food and life
Technology
Land and real estate
Wealth and poverty
 
 
New at
LA Observed
 
2:25 PM Fri | Martin Gomez, the head librarian for Los Angeles since 2009, will become vice dean in the USC Libraries on April 2.