August 9 - August 15, 2009
Friday, Aug. 14
The world's largest producer of fresh fruit and vegetables plans an initial public offering of as much as $500 million.
Videogames take another hit, L.A. hotels are struggling, ground beef recall, and Bill Gross buys OC home for $23 million.
Chicago Sun-Times is reporting that Tribune Co. creditors are working on a reorganization plan that would essentially break up the company.
Thursday, Aug. 13
Retailers remain discouraged about consumer spending, at least judging by the July figures from the Port of Long Beach.
They'll be available for redemption on Sept. 4, a month earlier than expected. State also needs $10.5 billion in short-term loans to get through the fiscal year.
The Union-Tribune is letting go another 112 people, not the 200 that had been posted yesterday.
If the nation's health care debate ever got around to substantive issues, you might be hearing more stories like this one.
Real clunkers passed by, CA foreclosure filings still high, questioning Hollywood's victory over China, and KIIS-FM still tops.
Wednesday, Aug. 12
Company isn't disclosing the number, but sources tell paidContent that it's about 200. That's on top of an earlier round.
L.A.'s former City Attorney will be moving to Goodwin Procter as counsel, though he still wants to run for state attorney general.
In holding steady on interest rates, the Federal Reserve came ever so close to saying that the recession is over.
L.A. bankruptcy filings for June rose 70.2 percent from a year earlier. OC was up 77.2 percent.
Consumer interest is slowing. Maybe the extra $2 billion from Congress wasn't needed after all.
CFO Frank DiPascali summed up the Ponzi scheme with the kind of clarity that has been missing up to now.
Waiting for the Fed, Kaiser cuts 1,800 jobs, OC resorts are struggling, and Nevada goes after CA businesses.
Tuesday, Aug. 11
We keep hearing that it's coming, and the July numbers would point in that direction. Maybe.
That's according to a majority of economists surveyed by the WSJ (27-11). Q3 GDP is expected to show 2.4 percent growth.
Anyone still wondering whether health care reform is a good idea should head over to the Forum where crowds of people are waiting to be examined.
Studios are finding them more trouble than they're worth, especially with so many of the songs already available on iTunes.
State Controller John Chiang has to determine whether the amount of cash on hand is sufficient to start using real money.
Vultures taking over, another big gas hike, Fox Business channel shows signs of retreating, and best law firms for women.
Monday, Aug. 10
Sure didn't take long for Sony to move forward with its clip movie of Michael Jackson's last rehearsals, called "This Is It."
The former Merrill Lynch analyst and the former NY Attorney General who went after them talk about Wall Street - and comebacks.
However many additional cars are sold won't be nearly enough to stave off a major consolidation of L.A.'s car dealership business.
The company does not plan any filing, despite relinquishing seven Socal buildings, including 550 S. Hope St. in downtown L.A.
Maguire set to default, big drop in July home sales, new legal snags for state budget, and GM to haggle on eBay.
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The funeral for Mark Lacter will be held Sunday, Nov. 24 at 12 noon at Hillside Memorial Park, 6001 W. Centinela Avenue, Los Angeles 90045. Reception to follow.
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