May 17 - May 23, 2009
Friday, May. 22
Check out the Talking Points Memo offices in NY's Chelsea neighborhood. It may serve as a model for the Internet newsroom.
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Some of the chi-chi boutiques on the Westside are closing their brick-and-mortar operations and becoming Web-only retailers.
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Lots of projects are still in the planning stage, but much of the actual construction is being put off, mostly because of financial difficulties. $MTEntryExcerpt$>
The state Supreme Court will issue its decision at 10 a.m. on the constitutionality of the November ballot measure that reinstated a ban on same-sex marriage. $MTEntryExcerpt$>
April unemployment fell to 11 percent from 11.3 percent the month before. It's also 11 percent in the state, down from 11.2 percent in March. That's the good news. $MTEntryExcerpt$>
Forget about federal aid to California, local officials not happy about Schwarzenegger's plan, Playboy up for sale, and SAG members duke it out. $MTEntryExcerpt$>
Thursday, May. 21
Timing seems a little off considering the premium being placed on frugality these days, but if you so choose Bang & Olufsen has come out with a 103-inch plasma TV. $MTEntryExcerpt$>
The state may have a chronic inability to form a government, like a certain boot-shaped European nation, but we can't help it -- we still like the place. $MTEntryExcerpt$>
This business about California being too big to fail is not getting much traction on Capitol Hill - or the Treasury Department for that matter. $MTEntryExcerpt$>
White House backs off on cutting off state funds, Superior Court hours to be cut, Mexican economy tumbles, and TV viewing is up. $MTEntryExcerpt$>
Wednesday, May. 20
LAT columnist Mike Hiltzik says the theme of the governor's budget-initiative campaign - that gridlock could be solved by more gridlock and more borrowing - was one big lie. $MTEntryExcerpt$>
I never thought I'd see Dennis Kneale almost speechless. But check out his CNBC exchange with Jeff Macke, who contributes to the network's "Fast Money" program. $MTEntryExcerpt$>
American City Business Journals, which is also owned by Advance Publications, will take over the site now that Condé Nast has killed the glossy print magazine. $MTEntryExcerpt$>
Unlike an earlier study that found selections by the CNBC host to be a money-losing proposition, this research draws a more positive conclusion. $MTEntryExcerpt$>
The early reading is that Schwarzenegger will want to take out the budget ax and start cutting back - a lot. That puts the squeeze on the Democrat-controlled legislature. $MTEntryExcerpt$>
Assigning blame after Tuesday's election, big sale at Albertsons, home prices are expected to keep falling, and Kogi banned in OC. $MTEntryExcerpt$>
Tuesday, May. 19
Bravo is looking for "outgoing, exciting, strong, focused women who reside in and around the Beverly Hills area that want to share their lives." $MTEntryExcerpt$>
April home sales were strong in the inland areas, but still sluggish in communities closer to the coast, according to the latest Dataquick numbers. $MTEntryExcerpt$>
Sluggish holiday weekend expected, fewer workers taking time off, Council approves cost-conscious budget, and layoffs at William Morris. $MTEntryExcerpt$>
Monday, May. 18
Last night's 4.7 shaker erupted along the Newport-Inglewood fault, which is the same source for the destructive 1933 Long Beach earthquake. $MTEntryExcerpt$>
The Bev Hills billionaire had owned 53.8 percent of MGM Mirage, but a series of stock and bond offerings will reduce that holding to 39 percent. $MTEntryExcerpt$>
Feds looking into what Madoff's big investors knew, magazine ads down sharply, Ryan Kavanaugh may be going after MGM, and Kerkorian buys more shares of MGM Mirage. $MTEntryExcerpt$>
Sunday, May. 17
The 50 Wealthiest Angelenos collectively lost more than $32 billion, leaving L.A. with just 29 billionaires, the lowest total in five years. $MTEntryExcerpt$>
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