July 31 - August 6, 2011
Friday, Aug. 5
The ratings agency is cutting the nation's top AAA rating by one notch to AA-plus, a stunning development. $MTEntryExcerpt$>
Set in a not-so-swanky spa outside of L.A., "Pampered to Death" is the latest installment in the long-running series. $MTEntryExcerpt$>
Government officials are waiting for word, perhaps as early as this afternoon. $MTEntryExcerpt$>
...And just think, no hassles with airport security. $MTEntryExcerpt$>
Whew - glad this week is over. $MTEntryExcerpt$>
Toymaker is not known for giving up these sorts of cases, but perhaps on this one it's time. $MTEntryExcerpt$>
B of A has lost billions of dollars as a result of Countrywide's mismanagement - and there's no end in sight. $MTEntryExcerpt$>
Post-recession job gains continue to trail other downturns by quite a pace. $MTEntryExcerpt$>
Very volatile trading - most of it down. $MTEntryExcerpt$>
Mattel ordered to pay $310 million, South Korean trade deal could help economy, Southwest to cut back on flights, and celebrity magazines take hit. $MTEntryExcerpt$>
This is shaping up to be another wacky session. $MTEntryExcerpt$>
Thursday, Aug. 4
Kosher poultry tends to be expensive, but the chances of a salmonella outbreak are not high. $MTEntryExcerpt$>
Well, because it just did. $MTEntryExcerpt$>
Of the 100 most-delayed flights in the country last year, guess how many originate at Los Angeles International Airport? $MTEntryExcerpt$>
The question of whether Jamie McCourt owns half the team isn't likely to be ruled on until next year. $MTEntryExcerpt$>
Only 8,274 tax returns were filed by those with incomes of more than $10 million. $MTEntryExcerpt$>
If it wasn't a bloodbath, it was awfully close. $MTEntryExcerpt$>
No details so far, but pressure had been building ever since Congress left town. $MTEntryExcerpt$>
With about 20 minutes to go, the Dow is down about 430 points.... $MTEntryExcerpt$>
No amount of analysis is likely to upend the bond package with AEG. $MTEntryExcerpt$>
Stocks getting hit badly, downtown stadium plan wins key vote, McCourts back in divorce court, and grousing at AMC. $MTEntryExcerpt$>
The Dow is down 250 points after 90 minutes of trading. $MTEntryExcerpt$>
Wednesday, Aug. 3
The idea is to shoehorn the new stores into urban areas that would not accommodate larger formats. $MTEntryExcerpt$>
The Dow managed to break its eight-session losing streak. $MTEntryExcerpt$>
A pretty astute round-up, courtesy of NY magazine. $MTEntryExcerpt$>
In a nutshell, her company is in the toilet and her employees are crying in the bathrooms. $MTEntryExcerpt$>
The airlines should be thanking Congress for failing to agree on a funding package for the FAA. $MTEntryExcerpt$>
Stocks keep falling, Congress went after wrong problems, ground turkey mystery, and why Amazon is fighting sales taxes. $MTEntryExcerpt$>
Tuesday, Aug. 2
Good news is that two of Southern California's most successful industries probably won't be impacted all that much. $MTEntryExcerpt$>
The last 30 minutes were very ugly. $MTEntryExcerpt$>
Hooray! Oh, and the Dow is down 128 points. If this keeps up, it will be eight straight down days.... $MTEntryExcerpt$>
The bigger the output gap, the lower the growth. $MTEntryExcerpt$>
Americans cut spending, debt deal means trouble for California, Fox is ticked off at McCourt, and Ryan Kavanaugh to sell stake in his movie company. $MTEntryExcerpt$>
Monday, Aug. 1
That pretty much wraps it up. $MTEntryExcerpt$>
That's a big recovery from earlier in the session. $MTEntryExcerpt$>
Republicans are good for at least 180 votes. $MTEntryExcerpt$>
Well, as soon as he can get the cash. $MTEntryExcerpt$>
Stocks did open sharply higher this morning, as expected, but after that it was a straight shoot down. $MTEntryExcerpt$>
The lineup includes 15 entrees under 590 calories and 12 appetizers under 490. $MTEntryExcerpt$>
Stocks are shaky in early trading, A's owner urges Dodgers sale, plastic bag ban in Long Beach, and questioning downtown stadium plan. $MTEntryExcerpt$>
© 2003-2015
About LA Observed
Email the editor