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December 4 - December 10, 2011

Friday, Dec. 9

How much money would you need to make to consider yourself rich?

Gallup asked that question and, as you might expect, came up with a splintered response. Of the folks polled, 23 percent said between $100,000 and $150,000; 18 percent said between $150,001 and $299,999, 14 percent said between $300,000 and $999,999, 11 percent said $1 million, and 4 percent more than $1 million. The median response was $150,000, which is certainly not considered "rich" in many parts of L.A. Then again, responses to this sort of...

SpaceX will get its first trip to the Space Station

Huge deal for the Hawthorne-based company that's headed by entrepreneur Elon Musk.

One more vote against NBA decision to kill Chris Paul deal

The league, and NBA Commissioner David Stern in particular, are getting reamed.

Angelo Mozilo cuts asking price on Thousand Oaks home

The disgraced former CEO of Countrywide Financial had put the 6,238-square-foot home on the market in July for $3.68 million, according to Redfin, but Real Eastalker posts that the price was reduced in mid-October to $3.4 million. As you can see by the photos, the place has been vacated; he apparently purchased the home in 2000 with a $700,000 mortgage. These days, the whereabouts of Mozilo and his wife Phyllis are not known, but over...

Days to avoid the malls

Forecast of heaviest traffic and sales days.

Friday morning headlines

Markets mulling European debt deal, Toyota slashes profit outlook, consumer sentiment edges higher, and Howard Buffett to succeed his father.

Chaos in the aftermath of NBA nixing Chris Paul deal

The three teams involved in the blockbuster trade - the Lakers, Rockets and Hornets - will appeal the league's veto. Good luck with that.

Thursday, Dec. 8

*Report: Gasol and Odom likely traded for Chris Paul

Wowser - Details are being finalized.

Trump-moderated debate losing most of the players

The ludicrous event is down to Gingrich and Santorum.

Cardinal fans feeling the Pujols sting

A 10-year deal with the Angels might be pushing it.

State coffers looking a bit better

That still leaves the state $1 billion behind in revenues and $2 billion in expenditures.

Here's a sign that the Inland Empire economy may be turning

Developers are proceeding with eight spec warehouse buildings.

Thursday morning headlines

Jobless claims drop to 9-month low, Pac Sun closes up to 200 stores, Angels sign Pujols, and NBA players to vote on contract.

Wednesday, Dec. 7

Alec Baldwin apologizes for outburst

"It was never my intention to inconvenience anyone," he wrote on the Huffington Post.

State officials look into prolonged outages

California Pubic Utilities Commission wants to know why it's taken so long to get everyone back on line.

Investors are back to liking the U.S. economy

More than two in five of those surveyed say the U.S. will be among the best-performing markets.

California corporations not paying their fair share?

Corporate profits are often out of line with state income taxes.

Alleged hijinks on the set of 'House'

A production member of the Fox medical series describes a frat-boy type vibe.

New owner of SD Union-Tribune just wanted you to know...

New tag line: "The World's Greatest Country & America's Finest City."

Preparing for The Donald debate

Jon Stewart and his writers can't wait.

Yea or nay on Villaraigosa's Asian trip?

I give it a qualified yea, especially since the mayor is going to China, Japan, and South Korea.

Wednesday morning headlines

Improving economic forecasts, Brown's pension plan scores well, McCourt can keep parking lots, and Martha Stewart's deal with J.C. Penney.

Tuesday, Dec. 6

Always worth remembering Oct. 24, 1929

The market had lost over $30 billion in the space of two days. You know the rest.

What's taken Socal Edison so long to get the power back on?

As of this afternoon, several thousand customers are still without electricity.

Beijing air forces cancellation of hundreds of flights

Chinese authorities insist that the murk is just fog.

Daily Show takes on California initiative process

With an able assist from former state Sen. John Burton.

Activision pooh-poohs silly Facebook games, sticks to 'Call of Duty' empire

It's hard to argue with sequel success.

Tuesday morning headlines

Why bankers aren't prosecuted, NFL nears TV deal, Forever 21 expands in China, and Californians oppose bullet train.

Monday, Dec. 5

Brown announces tax plan

Governor's proposed ballot measure would generate $7 billion for education.

Romney staff's justification for lies, distortion

This is already a leitmotif of the Republican campaign: Just make stuff up.

FAA administrator charged with DUI

Randy Babbitt was arrested after being spotted driving on the wrong side of the road.

Free tickets for Howard Marks breakfast

This should be a good one.

Disney finally cuts deal with hotel union

Took four years, but the Mouse House has come to terms with Anaheim hotel workers.

Monday morning headlines

No more next-day mail, L.A. faces budget shortfall, Volt sales are sluggish, and Dodgers will have low payroll on opening day.

• Go to today's blog •

• WGA board approves deal, writers vote Tuesday

• Leo Greene, journalist with ALS was 62

• Catching up on City Hall move

• All in the family

• Words of Chairman Sam *

Mark Lacter funeral services

The funeral for Mark Lacter will be held Sunday, Nov. 24 at 12 noon at Hillside Memorial Park, 6001 W. Centinela Avenue, Los Angeles 90045. Reception to follow.

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