January 2 - January 8, 2011
Friday, Jan. 7
The Rose Bowl audience was off 14 percent, the Fiesta Bowl down 22 percent, the Capital One Bowl 50 percent.
December receipts were almost 6 percent below the estimates found in the state budget, but they were 14.6 percent higher than a year earlier.
Owning the facility would allow the transit authority to better deal with increased bus and rail traffic.
This won't come as much of a surprise to readers of LA Biz Observed - we've been chronicling the pickup in entertainment employment all year.
He says he doesn't owe anyone an apology for the actions he took as Fed chairman.
Most of them are the victims of technology marching on.
Bernanke hopeful, feds investigate bribery allegations in Maywood, SEC looking into Calpers, and Fox to air Pac-12 championship.
Smaller-than-expected gain on payroll jobs does little to chip away at unemployment levels.
Thursday, Jan. 6
Dave Jones wants to take a closer look at the stunning hikes for individual policyholders - in some cases as much as much as 59 percent.
Okay, it was down a bit today, but consider that today's closing price of $39.65 compares with $15.83 in March, 2009.
From the Census Bureau: Fewer than half of the parents owed child support received the full amount.
Guess it's time to see just how committed the Republicans are in cutting the budget.
Both states spend more money than they take in, but for different reasons.
Geithner warns about debt ceiling, Blue Shield proposes big rate jump, new budget woes for city of L.A., and Chinese firm buys Sheraton Universal.
Wednesday, Jan. 5
Metro has been given formal approval from the feds to begin engineering work.
Does it surprise you that 15-19-year-olds are spending a lot less time reading and a lot more time playing games?
Close to 100 models will be on display at the Consumer Electronics Show. But only a small number are likely to make the grade.
It's up to 230 and like to keep growing - not the sort of stuff that normally happens in sleepy Sierra Madre.
When a widely watched economist says things are really bad and they turn out to be reasonably good, it's time to take out those tap shoes.
Jump in December hiring, Brown takes aim at Prop 13, Borders asking for time, and Aussies love L.A.
Tuesday, Jan. 4
It's the December employment report, and judging by the hopeful indicators of the past few weeks, you would expect a large number of new jobs.
A lobbyist representing one of the losing bidders made a stink about airport officials choosing another firm - a lobbyist who dates Councilman Dennis Zine.
This morning's chat looks at the troubled bookstore business, and whether developer Rick Caruso should be allowed to expand his Glendale shopping center.
Industrywide, it's looking like around 11.5 million vehicles were sold in 2010, an 11 percent increase from the previous year.
Conversations are underway with a bunch of potential buyers, CNBC is reporting, and a deal could be done by around mid-year.
Just a few shades higher than the national average of... er, $38,780 a year.
Foreclosure deal may be in the works, big jump in personal bankruptcies, Warners is tops at the box office, and ad spending is up.
Monday, Jan. 3
An average gallon in the L.A. area rose only a couple of pennies from last week, to $3.326.
Another reminder that almost as many folks are coming as are going.
The Dow fell a bit from its high earlier in the day, but still finished up 93 points, to 11,670.
The Thousand Oaks location will be gone by the end of the week.
The new governor says the budget he'll present next week will be painful but honest.
They're expecting well more than 120,000 at this week's Consumer Electronics Show.
Stocks taking off, big companies appear ready to spend, Brown looking at big cuts, and Vizio moving into smartphones, tablets.
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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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