January 16 - January 22, 2011
Friday, Jan. 21
This is really just an ad for Intel's i5 Core processor, but it says a lot about what we've become.
The median asking price among the 62 transactions monitored by BizBuySell was $107,000, and the median sale price was $79,500.
They include Haim Saban, David Geffen, Steven Spielberg, and Eli Broad.
Ouch - December's jobless rate is up from 12.8 percent in the previous month and 12.3 percent in December 2010.
The Kings are owned by a consortium that includes Philip Anschutz, so if the report is true it's bound to raise questions about efforts to build a downtown football stadium.
Good year for Calpers, doing deals at Sundance, Disney cruise ship arrives at Port of L.A., and NYT setting price for Web access.
Thursday, Jan. 20
If the Northern California city has its way, general unsecured creditors would collect as little as 5 cents on the dollar.
Wasn't the whole point of redevelopment funding to focus on areas that otherwise might not get looked at by developers?
Roundup of merger and acquisition activity in California last year.
Remember when the key to improving the city's convention business was getting a convention center hotel?
It's tomorrow morning, part of the Drucker Business Forum series.
The dirty little secret is that the crisis in underfunded obligations cannot be resolved without changes in the current benefit structures.
Big drop in jobless claims, Boeing layoffs in Long Beach, takeoff error at LAX, and Socal ranks worst in congestion.
Wednesday, Jan. 19
At last check, AEG head Time Leiweke was about to make his presentation.
The economy is growing at a better clip than in Britain, Germany, and Japan, but the jobless rate is higher than any of those countries.
Manufacturing makes rebound, more cities look for redevelopment money, Mozilo speaks of high standards, and talk of Freedom-MediaNews merger.
Tuesday, Jan. 18
A big year - the 24 percent gain was the largest since record-keeping began in 1971.
They're rattled by Steve Jobs' unexpected medical leave, but they're not panicking. Of course, what do they know?
This morning's chat looks at the proposal by Gov. Brown to eliminate enterprise zones and redevelopment agencies.
It looks like war between L.A.'s Community Redevelopment Agency and Jerry Brown.
Sales might perk up by spring, provided that interest rates remain low and the economy continues to improve.
Apple stock falls in early trading, Blockbuster asks for more cash, Citi misses earnings estimates, and Anschutz signs off on stadium plan - sort of.
Monday, Jan. 17
A two-story, 3,00-square-foot house in Huntington Beach was gutted so badly that the repairs alone will cost $250,000.
Federal regulators were making last-minute revisions over the weekend, and the FCC could sign off on the acquisition as early as Tuesday.
Developer J.H. Snyder believes it could be an alternative to earlier retail proposals for the Laurel Plaza/Valley Plaza area.
He was still doing sports on KCBS, but the rat-ta-tat delivery might sound familiar.
This time it was a 747 carrying 344 passengers that was preparing to take off for a Sydney-to-L.A. run.
A year and a half after coming back from a livery transplant, the CEO of Apple says he's stepping aside.
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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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