October 3 - October 9, 2010
Friday, Oct. 8
Among the long-term unemployed (that's 27 weeks or longer), Asian-Americans top other minority groups, including blacks and Hispanics.
Guess that means no more Sesame Street," "Nova," "News Hour," and "Antique Road Show."
First time the index has topped 11,000 since May 3, though the gain was only 58 points.
The sky-is-falling routine has been around for more than 50 years. So why hasn't it happened?
Recovery is going nowhere fast, as you can see from this chart.
The Montagues are powerful cyborgs made of artificial DNA, and the Capulets are genetically enhanced humans with super speed and agility.
This is the 48,000-square-foot home that developer Mohamed Hadid has been trying to unload since early 2009.
The nation's largest bank stop foreclosure sales in all 50 states as it reviews the way it has been handling its paperwork.
Foreclosure mess could get messier, more people eating out, more tourists visiting Mexico, and Kaiser workers stay with SEIU.
The main spending plan cleared the Senate this morning after being passed in the Assembly last night, a mere 100 days into the fiscal year.
It's hard to sugarcoat the loss of 95,000 jobs in September, considerably worse than what economists had been expecting.
Thursday, Oct. 7
The package weighs in at 800 pages, with two dozen individual bills in both the Senate and Assembly. And they're looking to vote on this thing today?
When I asked the city's chief budget officer whether massive pension obligations could result in police and fire reductions, he said, "I think it's a legitimate concern."
A new study found that women weighing 25 pounds less than the group average earned $15,572 more than their average-weight peers.
Only the Bay Area has more clean-tech activity, according to a new study, but there's concern about the business going out of state.
First Meg Whitman and now this. Next thing they'll be saying Sarah Palin doesn't shop at Wal-Mart.
Good month for retailers, Schwarzenegger reaches pension pact with union, SEC pushes Mozilo case, and new air service from L.A. to Madrid.
Wednesday, Oct. 6
The association is meeting this week in Anaheim and attendance is way down from last year.
Accounting tricks, optimistic projections, and more federal money than has been promised - it all adds up to the budget deal.
Turns out that the $789 billion was indeed inadequate, But stimulus opponents have successfully re-framed the debate.
My business chat with KPCC's Steve Julian looks at the economic planks of Meg Whitman and Jerry Brown.
The 2.7-acre property is being listed for $30 million. It's being zoned for multifamily residential, hotel, retail and office development.
That's the latest projection by FiveThirtyEight's Nate Silver, and it's up from last week's 60 percent.
Here's a pretty clear snapshot of how the economy is hurting people at various income levels.
Free at last from the confines of AT&T's gawky system. Phone is expected to be released early next year.
Disappointing job news, hearings today on state budget deal, retailers are teaming up against Amazon, and more Fresh & Easy stores coming to California.
Tuesday, Oct. 5
The cost to taxpayers is now down to $51 billion - and might fall even further.
The Mexican billionaire's Bank Inbursa has sold the parcel to Hong Kong private equity firm Joint Treasure International for $148.3 million.
Mike Ilitch, who already owns the Detroit Red Wings and Detroit Tigers, is in exclusive talks to buy the Pistons and the Palace sports arena.
it's worth pointing out that Californians have been discouraged before. It's what recessions are made of.
L.A.'s eccentric pop-up restaurant will be taking over the space at 13355 Ventura Boulevard in Sherman Oaks.
State budget plan about to be spun, unemployment checks to be replaced with debit cards, Televisa takes stake in Univision, and some e-books cost more than hardcovers.
Monday, Oct. 4
Of course, if you happen to be sitting next to somebody who has a bad cold, and it's a long flight, you might be out of luck.
Government programs haven't done much good - nor are they likely to, according to the chief economist of the California Association of Realtors,
The governor can issue furloughs to state workers, the court ruled this morning.
Now I'm all for uncovering blatant misappropriation of government money, but 0.5 percent seems miraculously low for a state like California.
Encino residents deliver an open letter, via Facebook, to the L.A. developer for his decision to lease bookstore space to the drug store giant.
Looks like the system might have been hacked. Pages are showing 0 following and 0 followers. Twitter was attacked a couple of weeks ago....
S&P 500 companies are rebounding, doubts on whether state budget deal will be approved, and L.A. becomes a little friendlier to business.
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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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