March 6 - March 12, 2011
Friday, Mar. 11
Five flights are scheduled to leave LAX little after midnight tonight, according to the airport's flight information service. $MTEntryExcerpt$>
Various snags will hold up service for the full run from downtown L.A. to Culver City. $MTEntryExcerpt$>
Blogger Susannah Breslin says it's just dumb luck - and I must say she has a point. $MTEntryExcerpt$>
The higher stock price this morning means that investors are betting on a better bid than $19.09. $MTEntryExcerpt$>
Japan's debt burden is so severe - 200 percent of annual economic output.- that it's unclear how much the nation will be able to do. $MTEntryExcerpt$>
Just as a precaution, they were temporarily suspending the transfer of hazardous materials. $MTEntryExcerpt$>
Airlines cancel flights to Japan, oil prices fall below $100 a barrel, 99 Cents Only Stores gets buyout offer, and Dov Charney lawsuit is stayed. $MTEntryExcerpt$>
Thursday, Mar. 10
He expects to make a decision within a month. Let's hope he takes a good, hard look at his prospects. $MTEntryExcerpt$>
It's people like Bruce Malkenhorst, the infamous retired city administrator of Vernon who pulls down $520,000 a year in benefits. $MTEntryExcerpt$>
The Dow tumbled 228 points to fall below 12,000. It was the biggest drop since last October. $MTEntryExcerpt$>
Talks with a splinter group of Republican senators appear to be continuing. $MTEntryExcerpt$>
In a nutshell, by being rich and well-connected. $MTEntryExcerpt$>
L.A. County remains the top manufacturing center in the country. But... $MTEntryExcerpt$>
State budget vote put off, Californians more gloomy, pot dispensaries ordered closed, and AOL announces layoffs. $MTEntryExcerpt$>
Wednesday, Mar. 9
The governor says he's making some progress in negotiations with Republicans and would like the legislature to delay its Thursday vote. $MTEntryExcerpt$>
Who would thought that an indescript manufacturing plant in Valencia would be home to one of the more important music companies in the world? $MTEntryExcerpt$>
WSJ survey finds that of the 50 venture-backed companies that have the best chance of succeeding, 35 are in California. $MTEntryExcerpt$>
California's $25-billion budget deficit is not going away, but at least the state coffers are looking a bit better. Controller John Chiang reports that tax revenues are $1.3-billion ahead of projections through the first eight months of the fiscal year (even though receipts in February were actually lower than forecast). Much of the eight-month gain comes from income taxes, which suggests that lots of folks are doing well in the stock market. Payroll withholdings are... $MTEntryExcerpt$>
The reviews aren't great, but demand is vastly outstripping supply for GM's electric car. $MTEntryExcerpt$>
It's emblematic of a city that's unwilling to make tough decisions for the benefit of everyone, not just the ones shouting the loudest. $MTEntryExcerpt$>
Turns out that the networks are recognizing that the 55+ crowd make up a large part of their viewers. $MTEntryExcerpt$>
Gloomy job picture for California, Freedom Communications bids coming due, NPR CEO forced out, and USC gets largest gift ever. $MTEntryExcerpt$>
Tuesday, Mar. 8
Lawmakers in Sacramento preparing are to eliminate redevelopment agencies as early as Thursday. $MTEntryExcerpt$>
The five GOP senators who declared an impasse in the budget talks don't sound optimistic, but the governor reports some progress. $MTEntryExcerpt$>
The L.A. developer finally reached an agreement to buy the Golden Key Hotel, which is where he wants to expand his shopping complex. $MTEntryExcerpt$>
Counties and cities grew sharply since the 2000 Census. $MTEntryExcerpt$>
The alleged victim is seeking $260 million in damages from the CEO of L.A.-based American Apparel - and her former boss. $MTEntryExcerpt$>
Netflix is especially vulnerable to such an incursion.
$MTEntryExcerpt$>
Redevelopment supporters (many of whom have their jobs on the line) are threatening to sue if they don't have their way. $MTEntryExcerpt$>
This week's chat looks at the efforts at requiring a sales tax to be placed on online purchases and whether gas taxes should be raised. $MTEntryExcerpt$>
Brown's budget plan in jeopardy, new smoking restrictions in L.A., paperwork filed for downtown stadium, and Oprah's new network ready to reboot. $MTEntryExcerpt$>
Monday, Mar. 7
That's a big economic loss for the Mexican resort city, but drug violence is getting a little too close for comfort. $MTEntryExcerpt$>
Meanwhile, oil futures were trading in NY at over $105 a barrel, with little sign that prices were peaking out.
$MTEntryExcerpt$>
Keep in mind that McDonald's is still tops when it comes to sales (the chain reported $24 billion in revenue last year). $MTEntryExcerpt$>
The governor needs two Republicans in each house to support his budget package. $MTEntryExcerpt$>
A five-week review found no reliable means to measure the impact of redevelopment activity on job growth. $MTEntryExcerpt$>
Oil and gas keep climbing, investors still skeptical about stocks, California has high start-up rate for businesses, and Mattel closes Barbie store in Shanghai. $MTEntryExcerpt$>
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