August 22 - August 28, 2010
Friday, Aug. 27
All operations will shut down tonight because the airline doesn't have enough money to keep flying.
In California, 6.2 percent the households make over $200,000, which as you might guess is near the top of the scale.
Passengers on a British Airways flight were mistakenly told to prepare for a crash landing in the ocean.
Fishbowl NY says she's "gunning for the editor-in-chief position at the struggling newsweekly.
In a nutshell, Wall Street banks propped up the market for mortgage-backed securities even as investors began to shy away.
The noted Yale economist says that unemployment has reached the point where government needs to employ FDR-type job creation programs.
GDP revised downward, Grand Avenue project delayed again, Port of L.A. wins truck ruling, and William Hurt to play Henry Paulson.
Thursday, Aug. 26
Yet one more public works project that's supposed to deliver tens of thousands of new jobs - some day.
Tomorrow, the media giant is supposed to release a new version of its reorganization plan.
The trial provided way more up close and personal moments than the reclusive billionaire was comfortable with.
This time it's not Antonio Villaraigosa, but NY Gov. David Paterson.
One big reason is that there's a lot of low-fare competition to L.A. but not to Heathrow.
The SEIU should really come up with better material if it wants to win over hearts and minds.
Venture capital in free-fall, plastic bag backers pushing hard, SEC gives shareholders some leverage, and Century City will be a mess today.
Wednesday, Aug. 25
The billionaire says he never promised to be a parent, adding that words of love were never exchanged with his ex-girlfriend.
The book retailer is calling the L.A. billionaire unfit to be on its board as the company tries to ward off a potential proxy battle.
They'll run an average of 14 percent for individual policies, down sharply from the initial 25 percent.
The former Disney CEO is in discussions about possibly operating Tribune once it comes out of bankruptcy.
Another recession is still considered unlikely, but not out of the question, especially after a recent spate of bad economic news.
That's the French actor Gaspard Ulliel peddling Chanel Bleu.
There's been talk of bank consolidation in the next couple of years, the result of Increased regulatory costs and stronger capital requirements.
Investors were promised up to 35 percent returns for making loans to his B-movie production company.
New home sales tumble, L.A. County property values fall, more shenanigans from Bell, and iTunes users may be able to rent TV shows.
Tuesday, Aug. 24
Turns out that Jennifer McKay Gold, the woman at the center of a child support case involving the billionaire real estate mogul, has other money issues.
There are traffic jams and then there is the 60-mile backup near Beijing that could last until next month.
My weekly business chat with KPCC's Steve Julian looks at the reasons why bankruptcy filings aren't as high as they might be.
The fastest-growing company in the L.A. area is Lead Research Group, a Huntington Beach marketing firm.
Barbara Boxer says she could work out a way to include the mayor's quixotic subway plan as part of a big transportation bill.
When sales slump so badly, and when inventories rise so sharply, you can be sure that the entire market is wobbling.
Home sales nosedive, union cuts deal with city, SEC accuses Mozilo in VIP case, and gas prices start falling.
Monday, Aug. 23
Badly. Nearly 30 percent of county residents lacked health insurance for at least a portion of 2009.
Seems like old hat for most of us, but Fortune has finally discovered the unconventional grocery chain.
A committee of state and local officials signed off on the billionaire's plan for a downtown museum to house his contemporary art collection.
Which colleges and universities are doing the best and worst in the areas of research, service, and social mobility?
Try North Dakota, with an unemployment rate of 3.6 percent - just a bit lower than California's 12.3 percent.
Homeowners still believe in appreciation, big jump in L.A. bankruptcies, credit card rates at nine-year highs, and investor group buys Mexicana.
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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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