November 2 - November 8, 2008
Friday, Nov. 7
There’s a lot of schedule rejiggering for the holidays - and the watchword is entertainment, not seriousness.
This is why it's often foolhardy to link the real world with the Wall Street world.
Clearly, part of the drop-off is due to a new state law that requires better notification, but this is no longer just a subprime problem.
Stocks higher despite bad news, gas prices keep falling, layoffs at Mattel, and Zell having trouble with Cubs sale.
The billionaire developer just announced that he will not be a candidate in next year's mayoral campaign.
A total of 240,000 jobs were cut in October and the revised losses in September total 240,000 - nearly twice as many as initially reported.
Thursday, Nov. 6
This is the latest in a series of demonstrations over Tuesday's passage of Proposition 8, the initiative that bans same-sex marriage.
The Mouse House reported a 13 percent drop in fourth-quarter net income. EPS was well under the average estimate by analysts.
The Dow is down more than 400 points - coming on top of a nearly 500-point drop on Wednesday.
That's what we're talking about for L.A. County if Gov. Arnold Schwarzenegger's plan to increase the state sales tax gets through.
Just when you think the L.A. bureaucracy couldn't become more inept and slothful, along comes another outrage.
We'll probably see more post-election firings in the next few days as the LAT eliminates a bunch of Washington positions.
Retail sales plunge, egg prices unlikely to rise, vote on Bev Hills hotel too close to call, and low expectations at News Corp.
Wednesday, Nov. 5
Newsweek reports that McCain's top advisers privately fumed at what they regarded as her outrageous profligacy.
Gov. Arnold Schwarzenegger wants a special session of the Legislature to consider a 90-day ban.
An affiliate of L.A.-based Leonard Green Partners has bought a 17 percent stake in the Texas-based company for $425 million.
Vanity Fair runs another excerpt from Michael Wolff's biography of the media mogul, this time focusing on his involvement with Wendi.
Still a couple of minutes before the close and the Dow is down more than 500 points.
Why stocks are back down, ABC leads election coverage, L.A. office market could weaken, and mortgage scam alleged.
With 95 percent of the precincts reporting, the vote to ban same-sex marriage is 52.1 percent for and 47.9 percent against.
The Dow is down more than 150 points in early trading as investors cash in on their gains from Tuesday's 300-point rally.
Tuesday, Nov. 4
Of the county's 4.3 million registered voters, 48.5 percent had cast ballots by 2 p.m.
Exit poll data: We love it, we hate it, we love it, we hate it, we love it, we hate it...
Are stocks trying to tell us something? The Dow was up 305 points today, the largest Election Day rally in 24 years.
The Mouse House comes out with earnings on Thursday that could reflect the weak TV station market.
The borrower is the U.S. arm of a large Mexican real estate developer that bought Socal office buildings from Arden Realty.
Stocks up sharply, networks might call race early, gripes over how government doles out money, and no holiday party at Viacom.
Monday, Nov. 3
Houston-based Hines and Union Bank of California have come to terms on the space at Union Bank Plaza.
That's the average price of self-serve regular, a drop of 35 cents per gallon in a single week and 38 cents lower than a year ago.
"Never in all of the years I've been in business have I seen a worse outlook for the economy," says Barnes & Noble Chairman Leonard Riggio.
Accounting for population growth, GM had the worst month of the post-World War II period.
McCain is now given only a 10 percent chance of an upset victory, according to the online prediction market.
Circuit City closing 155 stores, Redstone considers ways of handling debt, Caruso urged to enter race, and Trump project loses financing.
© 2003-2015 • About LA Observed • Email the editor
The funeral for Mark Lacter will be held Sunday, Nov. 24 at 12 noon at Hillside Memorial Park, 6001 W. Centinela Avenue, Los Angeles 90045. Reception to follow.
More From Mark Lacter:
After 22 years of loyalty, Baylor is unceremoniously shown the door.
Before I lived in Echo Park, there was a tiny 1920s bungalow-cottage-standalone house on N. Occidental in Silver Lake. I...
