August 8 - August 14, 2010
Friday, Aug. 13
A technical stock market indicator named after the doomed German airship indicates that a market crash might happen in September.
Imports coming into the ports of L.A. and Long Beach jumped sharply in July, but for reasons that might have little to do with increased consumer spending..
One resident counted 113 of them in her neighborhood from 10 a.m. to 8 p.m.
The numbers aren't large but they're telling. Fiorina, the former company CEO, left on not-so-wonderful terms.
The L.A. Democrat apparently doesn't believe that rules - as well as negative perceptions - should apply to her.
Deflation fears eased, Waters defends herself, no state furloughs for now, and Goldman Sachs says Joel Silver's claims are "absurd."
Thursday, Aug. 12
Burkle nominated three new directors, including himself, to the Barnes & Noble board.
That's how Councilman Bill Rosendahl describes the process by which the lucrative airport business is being awarded - and he's right.
When the Web content company filed its IPO, everybody was expecting to see a business that was solidly profitable. Well, surprise!
As many as one-third of all poor people were not born poor. They fell into poverty during their lives.
Nice to see The Wrap's Johnnie Roberts acknowledge his misstep in calling yesterday's piece on David Bergstein an exclusive, when...
India's working-age population will grow by 300 million over the next 40 years. The U.S. will add 35 million.
Nation is in a grim mood, GM reports strong second quarter, CA foreclosures drop in July, and revelations about bank that Waters was helping.
Wednesday, Aug. 11
The woman who was responsible for ousting H-P CEO Mark Hurd works at a New Jersey staffing agency that's run by her mother.
The Dow was down 265 points, and all 30 companies in the index were in the red. The three major indexes are into negative territory for the year.
In other cities the reflex among government officials is to actively assist businesses. In L.A., there is no such reflex.
*I'd be careful about using that word these days - seldom does a story get reported that's an undeniable scoop....
That helps explain why 45 percent of unemployed workers have been without a job for at least 27 weeks.
The only thing surprising about the Steven Slater meltdown is that it doesn't happen more often.
Ex-H-P CEO received the lowest employee approval rating of any major tech CEO. But he also turned the company around.
The parent company of Citizens Business Bank is being asked to provide information about lending guidelines.
New skyscrapers proposed for Century City, stocks are plummeting on sour economic news, ethics panel wimping out on freebies, and more business for C-17 plant.
Tuesday, Aug. 10
Still waiting for a definitive account of what happened between CEO Mark Hurd and his friend Jodie Fisher. For now...
Doesn't quite match the JetBlue flight attendant - but close. Must be low blood sugar.
Spyglass Entertainment is close to an agreement in which it would run the financially troubled film company.
My weekly business chat with Steve Julian looks at how Santa Monica Place is likely to attract higher-end shoppers and why the LAX concession contract is being held up.
State Controller John Chiang is warning that he might have to issue IOUs by late August or early September.
No big action was taken, but the Federal Open Market Committee acknowledged that the pace of the recovery had slowed.
This being the dog days, much of the Hollywood/media elite are getting away from it all on their satellite-equipped sailing vessels.
All the usual suspects are contributing in all the familiar ways.
Wal-Mart raises prices, state furlough plan is blocked, ex-Anthem executive opposed raising rates, and Terminal 6 to be spruced up.
Monday, Aug. 9
Specifically, there's a "significant" chance that the U.S. economy will slip back into recession in the next two years.
Mikael Moore, who is also her chief of staff, was "actively involved" in trying to help out One United bank, which Waters' husband had a financial stake in.
I'm generally a heavy tipper, but I don't believe in automatic gratuities being tacked on at the bottom of checks.
Hard of know since there isn't much clarity about the circumstances in which the ex-CEO of H-P falsified expense accounts.
He donated $156 million to his charitable foundation, which dwarfs some of the largest Hollywood-related charities.
Sit 'n Sleep's kvetchy bean counter couldn't bring in enough customers when the economy began to slide.
Per capita income in the L.A. area was $42,818 in 2009, a 3.8 percent decline from the previous year.
The woman behind Hurd's resignation, iPhone executive leaves Apple, Demand Media to go public, and decent news for magazine biz.
© 2003-2015 • About LA Observed • Email the editor
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.
More From Mark Lacter:
After 22 years of loyalty, Baylor is unceremoniously shown the door.
Before I lived in Echo Park, there was a tiny 1920s bungalow-cottage-standalone house on N. Occidental in Silver Lake. I...
