April 12 - April 18, 2009

Friday, Apr. 17
The proposed two-year contract is expected to be voted on by the Screen Actors Guild's 71-member national board on Sunday.
The March number for L.A. County is up from a revised 10.8 percent in February - and it's even higher than during the peak of the recession in the 1990s.
The jobless rate last month was 11.2 percent, which is up from 10.6 percent in February. Only Michigan, Oregon and South Carolina have higher rates.
NYT columnist Paul Krugman remains convinced that the "green shoots" of recovery are less than meets the eye. He's especially suspicious about bank earnings.
Citi delivers decent news, 21st Century and Farmers to do business separately, studios deal with YouTube, and wider loss at Mattel.
Thursday, Apr. 16
The chairman of Internet mish-mash IAC doesn't believe we've reached bottom, which means that potential acquisitions are likely to keep falling in value. Why buy now?
Best Buy's reorganization means that 1,000 salaried assistant store managers will be cut and 8,000 senior associates will receive pay cuts. Ring a bell?
Compared with the bludgeoning that the LAT has taken, these trims seem pretty minimal. Still, they point up the industry's woes.
Sale nears for 21st Century, foreclosures jump in California, Glendale Galleria owner files for bankruptcy, and more questions for OC money manager Danny Pang.
Wednesday, Apr. 15
The Tribune CEO tells Bloomberg Television that the company is looking at all options. Translation: Everything, including the LAT, is on the table.
He's accused of lying on his resume, running a Ponzi scheme, and stealing $3 million - and his wife was murdered after telling police that he had threatened to kill her.
It's probably too early to know, but the March median home price in L.A. County was actually up $10,000 from the previous month, to an even 300K.
Last-minute filers on tax day, state and local sales tax revenues fall sharply, banks ramp up foreclosures, and ripple effects from LAX downturn.
Tuesday, Apr. 14
Looks like the weird collection of items from the Neverland estate will remain with the singer, though the explanation is predictably unclear.
The Hollywood economy is way more complicated than any other L.A. industry and an isolated number can sometimes distort the picture.
It's potentially a very big deal if more merchandise coming into San Pedro gets snapped up at Target or wherever.
L.A. location shooting takes a big hit, Guess founder running for governor, gasoline prices keep going up, and Boston station to air Leno.
Monday, Apr. 13
Blue Cross is sending its members a check for what it deems fair payment to an out-of-network provider. That leaves the hospital having to get the patient to turn over the check or wind up with zilch.
Companies that don't cut back during a recession tend to do better once the economy improves than companies that slash costs.
The Hollywood nightclub owner has his Oriole Drive property on the market for $18.9 million. Neighbors include Leo DiCaprio and Keanu Reeves.
GM told to prepare for bankruptcy, new warnings on banks, questions about viability of downtown office tower, and Oprah gets new digs.
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