March 29 - April 4, 2009
Saturday, Apr. 4
Around 1,900 jobs are being eliminated in the theme park division, even amid cautious optimism that Americans will start taking vacations again this summer, $MTEntryExcerpt$>
A leaked copy of the upcoming summer blockbuster, "X-Men Origins: Wolverine" has been traced to a month-old digital working print. $MTEntryExcerpt$>
Friday, Apr. 3
Four government agencies in the U.S. and Canada, including the Justice Department, are investigating the West Hollywood company's activities in reselling concert tickets. $MTEntryExcerpt$>
Gov. Arnold Schwarzenegger is expected to name the L.A City Controller as inspector general. $MTEntryExcerpt$>
"I don't think anybody knew how bad or how long it would be until the fourth quarter last year," said one consultant. $MTEntryExcerpt$>
Compensation numbers typically get a good going over, but this year the scrutiny is likely to be even more intense, what with the Wall Street bonuses. $MTEntryExcerpt$>
More tumult on tanker deal, lenders let MediaNews forgo payment, layoffs at 21st Century, and Pasadena opens convention center. $MTEntryExcerpt$>
Demolition of the Wilshire Grand, which Korean Air has owned for many years, is set for 2011. At which point the credit markets will almost certainly have loosened up. $MTEntryExcerpt$>
Another 633,000 American jobs were lost last month and the U.S. unemployment rate rose to 8.5 percent from 8.1 percent the previous month. $MTEntryExcerpt$>
Thursday, Apr. 2
The videogame company has just completed $220 million worth of cost cutting, which is one reason for the encouraging news.
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Bank stocks were up strongly after the Financial Accounting Standards Board voted to allow companies more leeway in valuing mortgage-backed securities. $MTEntryExcerpt$>
Dow tops 8000, New Century liquidator blames KPMG, movie stars get squeezed, and JetBlue down on Long Beach. $MTEntryExcerpt$>
Wednesday, Apr. 1
Perhaps it's a small sign that the bottom might be near (don't underestimate the power of the market upswing in getting folks to feel better about their financial situation). $MTEntryExcerpt$>
Economist Nouriel Roubini, the guy who has been scarily prescient about the recession, says that the just-completed first quarter will be the worst of it. $MTEntryExcerpt$>
The new deal contains a more than $36 million increase in wage rates and other payments, according to SAG AFTRA.
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Big job drop in March, crime stats defy recession, state sales tax goes up, and more news at KTLA. $MTEntryExcerpt$>
Tuesday, Mar. 31
All right, it's a little on the gotcha side, but doesn't the absence of U.S.-made cars parked at the White House speak volumes? $MTEntryExcerpt$>
Leo Nordine has been tapping into the lucrative foreclosure market, although he seems to roll with whatever happens to be hot in real estate. $MTEntryExcerpt$>
Bulls and bears duke it out, L.A. home prices keep falling, Disney cruises to L.A., and Karatz pleads not guilty. $MTEntryExcerpt$>
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