July 26 - August 1, 2009

Saturday, Aug. 1
Sure, the government is offering a considerable carrot - $3,500 to $4,500 - for a new car purchase but that still leaves a chunk of cash to be shelled out.
Friday, Jul. 31
The Journal is working with a Santa Monica outfit called Slingshot Labs in developing a professional social network.
Good luck figuring out where growth is headed. It'll either be terrific, horrible or so sluggish that many of us won't even notice.
Earnings offer hope, Southwest interest in Frontier questioned, Platinum Equity looks at BW, and gas prices edge higher.
The economy was still contracting in the second quarter, but only at an annual rate of 1 percent, a huge improvement from the previous three months.
Thursday, Jul. 30
The Daily Show offers a very funny take on Treasury Secretary's Tim Geithner's unsuccessful efforts to sell his home in Larchmont, N.Y.
The Mouse House saw Q3 slippage in almost every area: networks, studio operations, parks and resorts, and even interactive.
Dow finishes up 84 points, about half of what it had climbed to earlier in the session. Still shapes up to be the best July since 1939. Index at 9154.
There's so much slack in the system that when the economy does begin to grow business owners won't be under much pressure to increase wages.
Broadcasting & Cable, Multichannel News and the consumer electronics trade Twice are being put on the block by Reed Elsevier, parent of Variety.
L.A. not a foreclosure hot spot, mass layoffs in CA, PennyMac goes public, and airlines clean up on cancellations.
Wednesday, Jul. 29
Asked about Jay's new show at 10 p.m., Joan tells TV critics, "America can get bored more easily and go to sleep earlier."
Here's the story of an Ernst & Young partner who was foolish enough to log onto a Web site for married people looking to have affairs. And then...
That would be Mike Milken, who is financing a business advice site where executives at small and mid-sized companies can pose questions.
Budget cuts hurt L.A., Madoff speaks, Marciano loses suit, and Avery Dennison pays fine.
Tuesday, Jul. 28
L.A. unemployment is likely to top out at 13 percent, and the area won't see significant growth until the fourth quarter of 2010.
Sometimes this city does stuff that's so dumb and irresponsible you just want to scream.
Gov. Arnold Schwarzenegger finally signed the budget but he cut hundreds of millions of dollars in state spending.
The one-time president of Countrywide is taking public a firm that buys distressed loans on the cheap and collects a return on the debt.
Parent company of the LAT, now in bankruptcy protection, has asked for four additional months to file a reorganization plan.
L.A. home prices stabilize, traders pushed up oil prices, governor makes more cuts in budget, and B of A to close branches.
Monday, Jul. 27
In Japan, where office jobs are tough to come by, hostessing has become a reasonable alternative.
Entertainment lawyers tell the National Law Journal that the recession is eating into the number and value of deals.
More questions about whether Democratic Sens. Kent Conrad and Chris Dodd knew they were getting preferential treatment from Countrywide Financial.
Historian Kevin Starr thinks the latest budget agreement could become a watershed event for the state - in a good way.
Banks still slow on lending, SD condos sit vacant, CA could be hot real estate market in 2010, and network ad rates get cut.
He'll be leaving his post as co-chairman of NBC Universal Entertainment to start up a new venture in partnership with Barry Diller's IAC.
Sunday, Jul. 26
Non-payroll jobs like freelancers, independent contractors and laborers are becoming more prominent within the local workforce.
You mean that state lawmakers haven't a clue about how to handle the budget because they lack experience? Like, what a surprise!!!!
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