Stocks take upward turn: Can Wall Street break a six-day losing streak? So far so good. Dow is up 80 points.
Jobless claims still high: Number of folks seeking unemployment benefits edged up slightly last week to 427,000, still far too large for the job recovery to take root. (AP)
Hackers accessed Citi data: About 1 percent of the bank's card customers were affected by the breach, but birth dates, social security numbers, card expiration dates and card security codes were not compromised. (Reuters)
Getting closer on CA budget deal?: Both sides are still dickering over the terms of a ballot measure that would ask voters to extend taxes and fees. Republicans want the taxes to expire until the vote. Budget deadline is next week. (Bloomberg)
Coliseum official's side deals: Former events manager Todd DeStefano collected tens of thousands of dollars from liquor and soft drink companies, rave promoters and other interests that did business with the Coliseum Commission, the LAT is reporting. I'd say the commission is in full-scale scandal mode.
DeStefano's government earnings were as much as $189,278 a year. Each of his private companies paid him more than $100,000 last year, according to his disclosures. His wife is listed as an officer in the companies and received salaries from both. His companies each collected $10,000 or more from various interests that leased or otherwise used the Coliseum and Sports Arena properties. The forms require disclosure of dollar amounts only in broad ranges for those payments, without upper limits. Filers also are not required to list the reason they were paid.
L.A. trying to keep E3: The week-long videogame conference is one of the city's most lucrative events, but organizers are keeping their options open, especially with the prospect of football stadium construction bollixing the convention center area. (LAT)
Private screeners would save LAX $39 million: The finding is by Rep. John Mica, R-Fla., who has been pushing airports to eliminate the TSA workers. The topic will come up later this month when the mayor's "blue ribbon" panel releases a study on LAX security. (Daily Breeze)