May 1 - May 7, 2011
Friday, May. 6
The state has taken in $2.5 billion more in tax revenues so far this year than expected. $MTEntryExcerpt$>
One price tag is $3 trillion over 15 years - and very little to show for it. $MTEntryExcerpt$>
Christina Norman lasted less than six months after launching OWN, the cable channel co-owned by Oprah Winfrey and Discovery Communications. $MTEntryExcerpt$>
Happy, just not delirious. $MTEntryExcerpt$>
Eddy Hartenstein will remain publisher of Los Angeles Times Media Group. $MTEntryExcerpt$>
Strong employment report, oil keeps falling, IRS investigating Kabbalah Centre, and Mel Gibson reduces asking price on his Malibu house. $MTEntryExcerpt$>
Thursday, May. 5
No explanation for the new policy, other than a decision to adhere to federal laws. $MTEntryExcerpt$>
Without a detailed accounting, his defense doesn't amount to much. $MTEntryExcerpt$>
Some marketers have questioned the spots, though it's not unusual for companies to promote sentiment rather than specifics. $MTEntryExcerpt$>
Crude futures fell more than $9 to settle at $99.72 a barrel. Should that level hold, gas prices are almost certain to drop. $MTEntryExcerpt$>
The lack of any entourage, the Southwest commuter flights - this is not for show, it's just the way Brown operates. $MTEntryExcerpt$>
Well, sort of. But the Spirit Airlines fare contains quite a few catches. $MTEntryExcerpt$>
Well, let's put it this way: Sizzler and Jack in the Box are getting into the game. $MTEntryExcerpt$>
She was routinely included on lists of the most powerful women in the entertainment industry. $MTEntryExcerpt$>
Big jump in jobless claims, McCourt supposedly not cooperating, state deficit is shrinking, and feds consider relaxing airport security. $MTEntryExcerpt$>
Wednesday, May. 4
All decisions about Medicare and taxes would be deferred until after the 2012 elections. $MTEntryExcerpt$>
Meanwhile, owner Frank McCourt keeps hitting the airwaves in the hopes that he'll be able to convince fans that the team is not in a financial hole. $MTEntryExcerpt$>
The City Attorney's office is asking a judge to force the company to clean up the 2,000 foreclosed properties it owns in L.A. $MTEntryExcerpt$>
Here's another bit of so-called information that's been filtering out since Sunday's killing of Osama bin Laden: That the compound in Abbottabad is somehow valued at a million bucks. Now, I don't know much about Pakistan real estate, but doesn't that seem a little hard to believe? A reader writes into Dealbreaker: "I think I have a solution for the housing problem. All we need to do is hire the people who appraised Bin... $MTEntryExcerpt$>
Talk about a cautionary tale for those who believe that a municipal bankruptcy filing is the best-and-only hope for cities. $MTEntryExcerpt$>
Disappointing jobs report, hotel tax breaks questioned, killing redevelopment might be illegal, and improvements planned for IHOP. $MTEntryExcerpt$>
Tuesday, May. 3
This could get dicey considering that Bud Selig apparently won't sign off on a $3-billion TV deal with Fox until an investigation into the Dodgers financial situation is complete. $MTEntryExcerpt$>
It's a huge package - worth about $3 billion over 12 years. $MTEntryExcerpt$>
The state's low usage rate is generally attributed to skittishness by undocumented immigrants. $MTEntryExcerpt$>
Well you knew this was coming. $MTEntryExcerpt$>
This week's biz chat with Steve Julian looks at whether Baseball Commissioner Bud Selig has an exit strategy in the Dodgers mess. $MTEntryExcerpt$>
Much of the strength has come from sales of smaller, fuel efficient vehicles. $MTEntryExcerpt$>
Quite a strong one, according to the consulting firm McKinsey, which places L.A. in sixth position worldwide in gross domestic product. $MTEntryExcerpt$>
More job seekers than jobs, TV ownership falls, mixed bag on LAT circulation, and Boingo about to go public. $MTEntryExcerpt$>
Monday, May. 2
PPR, which has some of the world's biggest labels, is buying the Costa Mesa-based company for $607.5 million. $MTEntryExcerpt$>
Here are Obama, Biden, Clinton, Gates and others looking on in the Situation Room. $MTEntryExcerpt$>
The weekly increase was about a nickel a gallon, with the prices of regular in the L.A. area at $4.293. $MTEntryExcerpt$>
You're talking about trillions of dollars - only Hitler would would come close in terms of monetary cost (human cost is something else altogether). $MTEntryExcerpt$>
Is there really a role for old-fashioned broadcast stations in a digital universe? $MTEntryExcerpt$>
The annual gathering of world thinkers opens with the discouraging view of Pimco CEO Mohamed A. El-Erian.
$MTEntryExcerpt$>
Well, the Dow has given up most of its gains this morning - if that's any indication. $MTEntryExcerpt$>
The league's relocation committee apparently had serious reservations about the move to Anaheim. $MTEntryExcerpt$>
Bin Laden bounce on Wall Street, Chrysler posts profit, mediator called into grocery talks, and Anthem rate hike called unreasonable. $MTEntryExcerpt$>
© 2003-2015
About LA Observed
Email the editor