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