February 27 - March 5, 2011

Friday, Mar. 4
This time it's the Bay Area Council, which voted this afternoon to endorse Brown's budget proposal.
From Calculated Risk. The line hovering at the bottom is where we're at. It's moving up, but ever so slowly....
Why exactly Google is involved in such far-afield technology remains a curiosity in Silicon Valley, but it's sure fun to watch.
Already 87, he is exceptional health - and he's not afraid to proselytize on the importance of a healthy diet.
Compare January's 0.1 percent drop in unemployment for L.A. and California with a 0.4 percent drop for the U.S.
Oil prices back up, grocery workers contract expires on Sunday, more questions about downtown stadium, and Sacto mayor says Kings' move to Anaheim is likely.
The outlook might even be better than is reflected in the numbers.
Thursday, Mar. 3
If prices keep going up - and more importantly, if they stay up - the recovery becomes jeopardized.
CEO Allan Zaremberg told reporters that a comprehensive budget solution "is good for the economy,"
The big drop in jobless claims apparently got the ball rolling - as did a slight drop in the price of oil (though gasoline prices keep going up locally).
We would all be shocked and appalled - except that when it comes to government, we have come to expect the worst.
Best Buy, Sears, and the Gap are among the chains looking to save space however they can.
Jobless filings fall sharply, Brown talks to Republicans about deal, DirecTV's plan freaks out theater owners, and Council dabbles at cell phone cut.
Wednesday, Mar. 2
Less than a quarter of Americans want to cut Social Security or Medicare, according to a new WSJ/NBC News survey.
The changes would only seem to apply only to new hires, which wouldn't do much to stem the underfunding of pension benefits for current employees
Jimmy Kimmel shows you the way, with Scarlett Johansson, Jessica Biel, Eva Longoria, Sofia Vergara, Jessica Alba, and Lindsay Lohan.
The elephant in the room is the deficit of $350 million (that's on top of the current $54 million.)
The Apple CEO gets a standing ovation as he walks onstage in SF.
The top dog at investment giant Pimco says that once the Fed's quantitative easing program is completed, bond yields are likely to go higher.
A few hundred employees from Kaiser Permanente's Los Angeles Medical Center are on picket lines this morning for a 24-hour strike.
Big job gain in February, Republicans talking to Brown (sort of), Apple updates the iPad, and Jaime McCourt wants to see her husband's books.
Tuesday, Mar. 1
The four-seat FF is the first Ferrari with four-wheel drive. It'll set you back $359,000.
Still lining up the financing. (h/t Daily Dish)...
This was a classic case of the markets ignoring the encouraging past and focusing on the worrisome future.
Controller Wendy Greuel, who plans to run for mayor, proposes a 60 percent reduction in the number of phones issued to city workers.
The former Connecticut senator becomes chairman and CEO of the Motion Picture Association of America, Hollywood's trade group.
This week's chat looks at efforts to get a tax extension measure on the ballot, and next week's vote on Measure G, which would cut back on L.A. pension benefits.
From the next to last line of an obit in the Houston Chronicle.
GM's much-anticipated electric car gets good marks for being quiet and well-equipped, but it's not much of a money-saver.
Bernanke concerned about oil, California is third-toughest place to find work, Blue Shield says rates are reasonable, and Dior sacks designer over Hitler comment.
Monday, Feb. 28
A NYT/CBS News survey finds Americans oppose weakening the bargaining rights of public employee unions by a margin of nearly two to one.
The good news is that oil prices fell a bit today; the bad news is that we're approaching the summer driving season, when gas prices typically take off.
City Controller Wendy Greuel, says that while furloughs are an effective short-term tool, they do not address long-term structural problems.
It's huge, all right. But as a percentage of the overall budget, the deficit is smaller than that of four other states:
"You have a collect call from Bernard Madoff, an inmate at a federal prison," a recorded message announced. Madoff apologized for calling collect.
Oil markets stabilizing, Oscar ratings dip, Madoff wonders where it all went wrong, and Charlie Sheen threatens to sue CBS.
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