June 6 - June 12, 2010
Saturday, Jun. 12
A double-dip recession still seems unlikely, but the mid-year forecasts I've been perusing are not very encouraging. $MTEntryExcerpt$>
Friday, Jun. 11
Thursday night's game delivered an 11.6 overnight rating, the highest of the series so far and a 6 percent boost from last year's Game 4. $MTEntryExcerpt$>
It's tough to expect any improvement in the health of Americans when these monstrosities remain on fast-food menus. $MTEntryExcerpt$>
The latest proposal by the L.A.-based fashion chain is to take a 40,000-square-foot slice out of the huge Sears store at South Coast Plaza. $MTEntryExcerpt$>
May imports increased 12.5 percent from a year earlier, another sign that consumers have started to buy again. $MTEntryExcerpt$>
May retail sales tumble, Greuel not naming names, NY might issue IOUs, and taxpayers could be getting their GM money back. $MTEntryExcerpt$>
Thursday, Jun. 10
U.S. companies are holding more cash in the bank than at any point since 1963. This is not great news. $MTEntryExcerpt$>
Upper-income Americans spent an average of $145 a day in May, which is the highest monthly average since November 2008. $MTEntryExcerpt$>
Ironically, the loss of two seasons of postseason play might be the least of the financial costs. $MTEntryExcerpt$>
The U.S. and Canada saw a 15 percent increase last year in the number of seven-figure households. $MTEntryExcerpt$>
Mixed bag on CA foreclosures, mortgage rates near all-time low, reviving California Adventure, and Boeing labor deal is approved. $MTEntryExcerpt$>
Wednesday, Jun. 9
I've seen the recession odds at anywhere from 15 percent to 30 percent, more or less where they've been for some time. $MTEntryExcerpt$>
Looks pretty even at this point, though a lot could depend on this summer's budget squabbling in Sacramento. $MTEntryExcerpt$>
C'mon, it's vacation time - why not splurge a little? As in the Ty Warner Penthouse at NY's Four Seasons Hotel. $MTEntryExcerpt$>
The L.A. location is run under a licensing agreement with Anschutz Entertainment Group and thus won't be among the restaurants being shuttered by Disney. $MTEntryExcerpt$>
Everybody knows about Jack Nicholson (and now Antonio Villaraigosa), but here's a sampler of other folks lucky enough - and rich enough - to sit right next to the action.
$MTEntryExcerpt$>
Charitable giving slips again, no nurses strike on Thursday, more Californians lose jobless benefits, and WSJ may start L.A. edition. $MTEntryExcerpt$>
Tuesday, Jun. 8
Fascinating progression of the human race over the last two centuries, based on life expectancy and income. $MTEntryExcerpt$>
Would you believe $1,245.60 an ounce? Four years ago, when the financial world seemed so carefree, it was $543.... $MTEntryExcerpt$>
Nicholas Carr says the Web has changed our cognitive circuitries - and not in a good way. $MTEntryExcerpt$>
State officials are preparing a court order this morning to prevent a one-day walkout on Thursday by 12,000 nurses. $MTEntryExcerpt$>
The emotional response to a disaster can sometimes block out everything else. That appears to be happening in this case. $MTEntryExcerpt$>
L.A. job prospects not great, Waters says Comcast tried buying her support, local gas prices move higher, and more questions about BP's future. $MTEntryExcerpt$>
Monday, Jun. 7
Nothing like providing as much information to as many people as possible, even while waiting in traffic. $MTEntryExcerpt$>
The Princess talks about living at the Waldorf when she was a kid (
was?) and how she crashed bar mitzvahs.
$MTEntryExcerpt$>
L.A.-area sporting event revenues fell 18 percent in 2009 compared with two years earlier, as attendance declined and ticket prices fell. $MTEntryExcerpt$>
California's $19 billion deficit might get larger because Washington money that the governor had been counting on is looking shaky. $MTEntryExcerpt$>
The banking company will pay $108 million to settle charges that the loan servicing business collected excessive fees from homeowners. $MTEntryExcerpt$>
That's what the swindler supposedly said after one of his fellow inmates kept badgering him about all people he scammed.
$MTEntryExcerpt$>
Tentative deal in C-17 strike, small rise in May home sales, 430 L.A. pot shops must close today, and latest iPhone to debut. $MTEntryExcerpt$>
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