June 27 - July 3, 2010
Friday, Jul. 2
Moral of the story: Be careful about getting in on the ground floor of an IPO. Weird stuff has a way of happening.
June jobless numbers show they're doing a lot worse than folks who have a Bachelor's degree or higher.
The sale of $1.2 billion in short term notes, normally a non-event, was a struggle this time around.
The current upturn pales next to every other post-World War II recession - and it's even worse if you exclude the Census hiring.
CicLAvia first "open street festival" will be happening on Sept. 12 when seven miles of streets will be closed off.
Port workers to resume contract talks, state workers may go on minimum wage, farmworker OT bill reaches governor, and Paul Allen buys $25 million Malibu home.
Companies only added 83,000 jobs, a strong indication that the economy slowed down in June.
Thursday, Jul. 1
The city could do a much better job of collecting all the money that it's owed, but there's a limit to what's possible.
When consumer confidence takes a fall, it shouldn't come as a big surprise that fewer people are going to buy cars..
The deal maintains current hourly wages of $10 to $11 and health benefits.
Final bids for the newsmagazine are due in three hours. A look at those still in contention.
The strike by clerical workers at the Ports of L.A. and Long Beach does not appear to be impacting the loading and unloading of cargo - so far.
With the Senate still unable to extend jobless benefits, lots of folks in California are starting to lose coverage. But how many?
Arrowhead Credit Union, which was seized because of its weakening financial condition, apparently filed inaccurate loan data.
L.A.-based bank is recognized for reining in various perks and protections for its CEO.
Port clerks go on strike, layoff reprieve plan fails in council, feds seize movie Web sites, and the latest "Twilight" breaks midnight box office records.
Wednesday, Jun. 30
Instead of premium increases of up to 39 percent, insurer Anthem Blue Cross is now asking for a maximum rate hike of 20 percent.
Head of the L.A.'s Planning Department is leaving after four-and-a-half years.
Wall Street kind of fell apart in the last hour or so, with the Dow closing down 96 points, to 9774.
City Council approved a new store in Hollywood, and the retailer is also looking to add stores in other locations.
Dr. Patrick Soon-Shiong gets another big payday with the sale of Abraxis BioScience, the L.A. biotech firm he founded,
Eleven of the 13 metro areas in the U.S. with jobless rates of at least 15 percent were in California.
This isn't the 1930s, but some lawmakers are doing their best to bring back the bad old days.
Recession hits workers hard, foreclosures make up more than half of all home sales, new hope for jobless benefits bill, and port workers and LAX janitors ready to walk.
Tuesday, Jun. 29
This time it's the state Fair Political Practices Commission that has opened an investigation.
They do next to nothing to spur job growth, and they're costing the state around $500 million a year.
Index is now at 9870. Is all this a prelude to the June jobs report coming out on Friday?...
The downtown sports/entertainment district was honored by the Los Angeles Business Council at its 40th Annual Architectural Awards.
Bev Hills-based RealD, which develops 3D movie-screening systems, is looking to raise about $161 million.
Meanwhile, stocks show little sign of gaining ground. Dow is off about 270 points.
Stats have been very confusing of late because so much depends on location, but in general the uptick in L.A. has been limited.
Consumer confidence plummets, CA lawmakers heading home (without budget deal), staying closer to home on the Fourth of July, and Oprah back on top.
Monday, Jun. 28
Trading is expected to begin tomorrow. Company is looking to raise up to $185 million.
Tax cuts and the wars in Iraq and Afghanistan will account for almost $7 trillion in deficits in 2009 through 2019.
It's four stories, 91,257 square feet, and 121 dressing rooms, the largest retail venue in Manhattan devoted to a single brand.
It's actually called "The Social Network" and it's based on the Ben Mezrich novel (screenplay is by Aaron Sorkin)....
The high court only ordered a technical change. There has been speculation for months that the court would overturn the law.
Consumers demanding discounts, jobless giving up car leases, SEC investigates KB Home, and Broad files permit for new art museum.
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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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