April 25 - May 1, 2010

Saturday, May. 1
Calling Detroit a more livable city than London seems a bit nutty, but that's the point: Rankings can be very misleading.
He tells his Berkshire Hathaway shareholders that the embattled Wall Street bank was not involved in improper activity.
Friday, Apr. 30
LAT describes it as "a problem of unprecedented severity -- a limitless gush in very deep waters."
The L.A. billionaire and long-time partner of Warren Buffett says that the bad behavior "came right at the top."
I'm on jury duty and out of pocket for much of the day. Two important local business stories so far this morning:
Thursday, Apr. 29
Mike Milken and Nouriel Roubini took a crack at where things stand today and where things are headed.
The combined airlines would top Delta as the world's largest carrier based on passengers carried.
L.A. City Councilman Ed Reyes has a hard time specifying the ways in which the deficit can be pared down.
If you want to understand why California's pension problems are getting so out of hand, look no further than these numbers,
We're talking cotton gabardine Khakis, and you can buy a pair at Bergdorf Goodman.
Goldman may want to cut a deal, high foreclosure rates in CA cities, new optimism about a deal for Greece, and Chase adds branches in Socal.
Wednesday, Apr. 28
Modern Luxury Media has been approached by several parties. Earlier this year, lenders seized control of the company.
The airline will have five weekly flights between L.A. and Rome, beginning June 5.
The jump in retail sales, much ballyhooed as the start of a stronger-than-expected recovery, is not indicative of what's going on.
It's somehow appropriate that a gambling portal is placing odds on how the Wall Street saga will play out.
Virtually all of California had double-digit unemployment in March, with El Centro topping the list of all metro areas in the nation.
If the case against Goldman Sachs sounds complicated, just think about trying to fix a horse race.
Greece on the verge of financial collapse, bank foreclosures likely to rise, WellPoint profit soars, and NY to charge for filming.
Tuesday, Apr. 27
The Santa Monica-based company has been sued by 38 former and current staffers of its development studio.
No offense to Joel Kotkin, but I just don't believe that L.A.'s job growth picture is worse than in Buffalo, NY.
That might seem nutty, considering that the firm is getting its butt kicked on Capitol Hill.
Everybody is taking their shot at the immigration law, including L.A. City Councilwoman Janice Hahn.
Ted Turner and T. Boone Pickens pushed for federal legislation that would stress cleaner, greener domestically produced energy.
All it took was S&P downgrading Greek debt to junk status. Financing risks are growing.
Lots of live coverage on today's Congressional testimony involving the Wall Street giant.
Goldman hearing under way, L.A. home prices dip, LAX vendors crying foul, and Disneyland alone in local attendance gains.
Monday, Apr. 26
Try Greek government bonds. Two-year yields are running 13.522 percent.
Advertising man Richard Beckman will be running THR. He seems like a perfect Hollywood fit.
Her actions are like a mega-millionaire movie star accepting award show swag: Tacky but permissible.
All told, 82 flights, or 12 percent, will be trimmed from the airline's weekly schedule out of Burbank.
Live Nation's chairman reminds us why nothing that's said in the entertainment industry should be taken all that seriously:
A provision in the financial reform bill would have allowed Berkshire Hathaway to avoid taking a significant hit.
Big dip in LAT circulation, Carl's Jr. parent accepts buyout bid, rental car costs fall in L.A., and Parks says bankruptcy can't be ruled out.
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