June  7 - June 13, 2009
Saturday, Jun. 13
The owner of Magic Mountain in Valencia has the typical problems: Too much debt ($2.4 billion) and little interest among the creditors to refinance. $MTEntryExcerpt$>
 
Friday, Jun. 12
Two main areas of concern: that the number of active users is inflated, and that Google wants to significantly downscale its massive ad deal.  $MTEntryExcerpt$>
 
Sluggish cargo numbers for May is a reflection of how retailers view the climate for consumer spending going out the next few months. $MTEntryExcerpt$>
 
If you want to know why we're better off now than during the Great Depression, this film is a good reminder. $MTEntryExcerpt$>
 
Goodbye to analog TV , plunge in videogame biz, airlines cutting more workers and flights, and new resort in Rancho Palos Verdes. $MTEntryExcerpt$>
 
Thursday, Jun. 11
The Auto Club's weekly survey finds that the average gallon of regular in the L.A. area is now $2.938 per gallon, up 11.3 cents from last week and 52 cents from last month. $MTEntryExcerpt$>
 
It took a while, but DreamWorks has gotten verbal commitments for $325 million in financing, enough to cover at least three years of film production. $MTEntryExcerpt$>
 
The Ninth Circuit Court of Appeals denied a request by MGA Entertainment to halt the transfer of the popular doll to rival Mattel. $MTEntryExcerpt$>
 
The latest WSJ survey of economists shows that the group, on average, is looking for U.S. unemployment to remain above 9 percent through the end of 2010. $MTEntryExcerpt$>
 
Arnold takes aim at unions, lots of green jobs in CA, Honda's 50th anniversary in the U.S., and strip clubs are paring down. $MTEntryExcerpt$>
 
Wednesday, Jun. 10
Many on Wall Street have been expecting a pullback for several weeks, what with concerns over high unemployment and escalating oil prices.  $MTEntryExcerpt$>
 
Good and bad signs from the housing market, Home Depot raises forecast, SAG deal ratified, and Dana Point resort nears foreclosure. $MTEntryExcerpt$>
 
Tuesday, Jun.  9
The high court refuses to hear a challenge to the Chrysler bankruptcy settlement. That clears the way for the sale to a group led by Fiat. $MTEntryExcerpt$>
 
L.A. County runs a pretty tight financial ship, but the state budget crisis has caused S&P to cut the rating on $1.1 billion in short-term notes that the county plans to sell, $MTEntryExcerpt$>
 
It's either that or two even worse options: drastic pay reductions across the board or massive layoffs, including 200 cops. $MTEntryExcerpt$>
 
The former Countrywide CEO, who only made a few hundred million bucks in his final years at the company, will not have to shell out one penny to defend SEC charges.
 $MTEntryExcerpt$>
 
Banks to repay TARP money, Chrysler dealership switches to used cars, questions about development votes for Weiss district, and protest over gay event at Disney parks. $MTEntryExcerpt$>
 
Monday, Jun.  8
The one-sentence order from Justice Ruth Bader Ginsburg that delays the sale of assets to Fiat could be a matter of the Supremes needing more time to review briefs.  $MTEntryExcerpt$>
 
You're looking at roughly 15 cents a gallon, according to the government's weekly survey. That puts the average gallon of regular in the L.A. area at $2.891. $MTEntryExcerpt$>
 
L.A. home prices inch up, vehicle fraud on the increase, Fox Interactive abandons Playa Vista, and paperless tickets for Miley Cyrus concerts. $MTEntryExcerpt$>
 
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