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. $MTEntryExcerpt$>
Friday, Jul. 31
The Journal is working with a Santa Monica outfit called Slingshot Labs in developing a professional social network. $MTEntryExcerpt$>
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. $MTEntryExcerpt$>
Earnings offer hope, Southwest interest in Frontier questioned, Platinum Equity looks at BW, and gas prices edge higher. $MTEntryExcerpt$>
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. $MTEntryExcerpt$>
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. $MTEntryExcerpt$>
The Mouse House saw Q3 slippage in almost every area: networks, studio operations, parks and resorts, and even interactive. $MTEntryExcerpt$>
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. $MTEntryExcerpt$>
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. $MTEntryExcerpt$>
Broadcasting & Cable, Multichannel News and the consumer electronics trade Twice are being put on the block by Reed Elsevier, parent of Variety. $MTEntryExcerpt$>
L.A. not a foreclosure hot spot, mass layoffs in CA, PennyMac goes public, and airlines clean up on cancellations. $MTEntryExcerpt$>
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." $MTEntryExcerpt$>
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...
$MTEntryExcerpt$>
That would be Mike Milken, who is financing a business advice site where executives at small and mid-sized companies can pose questions. $MTEntryExcerpt$>
Budget cuts hurt L.A., Madoff speaks, Marciano loses suit, and Avery Dennison pays fine. $MTEntryExcerpt$>
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. $MTEntryExcerpt$>
Sometimes this city does stuff that's so dumb and irresponsible you just want to scream. $MTEntryExcerpt$>
Gov. Arnold Schwarzenegger finally signed the budget but he cut hundreds of millions of dollars in state spending. $MTEntryExcerpt$>
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. $MTEntryExcerpt$>
Parent company of the LAT, now in bankruptcy protection, has asked for four additional months to file a reorganization plan. $MTEntryExcerpt$>
L.A. home prices stabilize, traders pushed up oil prices, governor makes more cuts in budget, and B of A to close branches. $MTEntryExcerpt$>
Monday, Jul. 27
In Japan, where office jobs are tough to come by, hostessing has become a reasonable alternative. $MTEntryExcerpt$>
Entertainment lawyers tell the National Law Journal that the recession is eating into the number and value of deals.
$MTEntryExcerpt$>
More questions about whether Democratic Sens. Kent Conrad and Chris Dodd knew they were getting preferential treatment from Countrywide Financial. $MTEntryExcerpt$>
Historian Kevin Starr thinks the latest budget agreement could become a watershed event for the state - in a good way. $MTEntryExcerpt$>
Banks still slow on lending, SD condos sit vacant, CA could be hot real estate market in 2010, and network ad rates get cut. $MTEntryExcerpt$>
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. $MTEntryExcerpt$>
Sunday, Jul. 26
Non-payroll jobs like freelancers, independent contractors and laborers are becoming more prominent within the local workforce. $MTEntryExcerpt$>
You mean that state lawmakers haven't a clue about how to handle the budget because they lack experience? Like, what a surprise!!!! $MTEntryExcerpt$>
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