LA Biz Observed archive

Mark Lacter covered business, the economy and more here from 2006 until his death on Nov. 13, 2013.
The entire LA Biz Observed archive — more than 10,000 blog posts by Mark — remains online and available.
November 2013

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.

Sad news about our friend Mark Lacter

mark-lacter-600.jpg Folks, I'm sad to announce that Mark Lacter has passed away. His wife, the author Laura Levine, told me that Mark suffered a stroke yesterday and could not survive the bleeding on his brain. Click over to my post for more....

American-US Air settlement with DOJ includes small tweak at LAX

usair.jpg The brunt of the settlement involves the two carriers divesting 104 slots at Washington-Reagan National Airport and 34 at NY's La Guardia. At LAX, the combined airline would lose two gates at Terminal 3.

Socal housing market going nowhere fast

homeprices.jpg Limited inventory does not make for a healthy real estate market, even though sales and prices generally have been improving.

Amazon keeps pushing for faster L.A. delivery

amazon7.jpg Two- or three-day turnarounds are not cheap or easy, but they generate loyal customers who love the idea of getting something in days rather than weeks. Cutting a deal with the Postal Service for Sunday delivery is part of the broader strategy.

Another rugged quarter for Tribune Co. papers

tribune3.jpg More of the drip-drip-drip ad declines that the parent company of the LAT has seen for several years. Tribune's next major step comes early next year when the company discloses its plans for splitting off the newspaper assets into a separate entity.

How does Stanford compete with the big boys?

stanford.jpg Rather than focus on ticket sales or merchandise revenues, the school's football program is largely dependent on private donations.
infographic-6-reasons.jpg Not to belabor, but just because you have access to mountains of data doesn't mean you know what to do with it.

Best to low-ball today's employment report

jobsoctober.jpg It's only a single month and October's figure will be subject to several revisions. Only by looking at the long-term picture do you have a sense of what's really going on.

Further fallout from airport shootings

lax4.jpg Lots of questions to consider, such as whether the airport had enough cameras near the terminal entrance and whether TSA screeners should be armed.

Crazy opening for Twitter*

twitterpix.jpg Talk about pops - the social network's initial public offering was priced at $26 a share and promptly jumped to $50.09 before settling down a bit.

Should Twitter be valued at $18 billion?

twitter.jpg Given the hype surrounding the social network's arrival on Wall Street, price could easily get confused with value - a distinction that's especially important in Twitter's case because its financial prospects are so sketchy.

Naysaying emerges in wake of LAX shootings*

shooting.jpg Very predictable - and from what I've seen, very misplaced. Even in normal times, airports can be precarious balancing acts, and when you have something horrific take place, the ripple effects are enormous - and unavoidable.

Exit interview with Port of L.A.'s executive director

knatz4.jpg Geraldine Knatz was never shy about playing hardball with tenants, even though more competition from the other ports has meant less leverage in cutting deals. She talks about her eight-year tenure and about the changing industry.

More fallout from Time Warner Cable-CBS rift

TWC.jpg The latest financial results not only show TWC losing 306,000 video subscribers during the July-September period, but satellite provider DirecTV gaining 139,000 subscribers in that same quarter.

L.A. developers relying on foreign investors bend a few rules

yuan.jpg The federal government's EB-5 visa program allows foreigners to invest in U.S. businesses or developments in return for getting to the front of the line when applying for green cards. But enforcement has been lax.