April 24 - April 30, 2011
Friday, Apr. 29
The Hawaiian legislature is close to passing a measure that would increase tax credits for shooting films and television shows. $MTEntryExcerpt$>
State officials have downsized their estimate to 37.5 million (as of Jan 1, 2011) after being at odds with the U.S. Census numbers. $MTEntryExcerpt$>
Looks like the gloves are coming off as the mall's owner, General Growth Properties, must keep pace with Rick Caruso's Americana at Brand. $MTEntryExcerpt$>
This may seem pretty obvious, but the truth is different recessions will treat income groups in different ways. $MTEntryExcerpt$>
Gas prices inch higher, McCourt warns of cash crisis, Assembly votes to dissolve Vernon, and Aetna scales back rate hikes. $MTEntryExcerpt$>
Thursday, Apr. 28
A total of 1.5 million U.S. businesses were owned by people of Asian origin in 2007, up 40 percent from 2002. $MTEntryExcerpt$>
Music video helps explain why Washington is in near-gridlock these days. $MTEntryExcerpt$>
The historic theater is being purchased by Don Kushner and Elie Samaha. $MTEntryExcerpt$>
Seems hard to believe. Check that, seems impossible to believe. $MTEntryExcerpt$>
The Bev Hills billionaire met with Sacramento Mayor Kevin Johnson in L.A. earlier this week. $MTEntryExcerpt$>
The team's new vice chairman is pushing his efforts to make the stadium more fan friendly. $MTEntryExcerpt$>
That's almost a fifth of the investment losses for the nation's state retirement systems in fiscal year 2009, according to the Census Bureau, another reminder of the state's massive - and unfunded - pension obligations. All of the state public employee retirement systems lost money in 2009, but California lost the most. From press release: The nation's state retirement systems totaled $2.0 trillion in holdings and assets in 2009, a loss of $641.3 billion (24.0... $MTEntryExcerpt$>
The professionals are basically saying, don't worry, the recovery is still happening. Others aren't so sure. $MTEntryExcerpt$>
In the world of Antonio, there are no checkbooks, at least the ones with his name at the top. $MTEntryExcerpt$>
Growth is sluggish, jobless claims take off, baseball officials deny McCourt claims, and Californians oppose extending taxes. $MTEntryExcerpt$>
Wednesday, Apr. 27
Here's another fine mess that Villaraigosa has gotten us into. $MTEntryExcerpt$>
This is the long-term TV agreement that Dodger owner Frank McCourt had been counting on to bail him out of his huge debt loads. $MTEntryExcerpt$>
That's the pathetic part of this morning's release of the Obama birth certificate. $MTEntryExcerpt$>
The deal would have union members forking over 4 percent of their salaries. $MTEntryExcerpt$>
The central bank believes that the recent run-up in oil prices will subside and inflation was not an immediate concern. $MTEntryExcerpt$>
Well, what do you expect? Beef prices have jumped 11 percent from last year, and fruits and vegetables are up 4.3 percent. $MTEntryExcerpt$>
L.A. is most polluted area, McCourt visits MLB executives, county supervisors approve Marina developments, and LAX names concession winners. $MTEntryExcerpt$>
Tuesday, Apr. 26
We're talking about $100 million in buildings, land, cars, and cash. $MTEntryExcerpt$>
Parent company News Corp. is seeking bids of at least $100 million - far below the $580 million that the media giant paid for the social network site $MTEntryExcerpt$>
This week's biz chat looks at California's weird recovery and the continued stalemate in the state and local housing markets. $MTEntryExcerpt$>
Wall Street is sticking with the glass half full position, despite worrisome signals that the recovery might be slowing down. $MTEntryExcerpt$>
The deal would include a daytime talk show plus exposure across all the network news platforms. $MTEntryExcerpt$>
With a shortfall of more than $400 million, I just wonder whether Wendy Greuel might want to chase bigger game. $MTEntryExcerpt$>
L.A. home prices take a dip, Brown still floundering over budget, city sues low-income housing developer, and Kings could move to Anaheim after all. $MTEntryExcerpt$>
Monday, Apr. 25
Stock in the L.A.-based retailer (and home to the irrepressible Dov Charney) jumped 27 percent today... to $1.58 a share. $MTEntryExcerpt$>
John and Marion Anderson have given almost $42 million to the school, named in their honor. $MTEntryExcerpt$>
Frankly, there's no way of knowing whether this is a pause or a peak - the experts are split. $MTEntryExcerpt$>
The former president of the Texas Rangers will monitor the club's business and finance operations. $MTEntryExcerpt$>
The gap between existing home sales and new home sales points to the continued abundance of distressed properties. $MTEntryExcerpt$>
Not a great business to be in, even with a slight recovery at hand. $MTEntryExcerpt$>
Dan Wuebben was celebrating his 32nd birthday with his investment banker pal John Belitsky when they hatched this crazy idea. $MTEntryExcerpt$>
Paying a bit for health care coverage might seem a reasonable alternative to losing work time. But many city workers don't even have to worry about furloughs. $MTEntryExcerpt$>
Support for cutting public pensions, Hancock settles on death benefit claims, big jump in venture funding, and plane rupture tied to Boeing assembly. $MTEntryExcerpt$>
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