It's a short stack day.
State Sen. Ron Calderon's ties to the Central Basin Municipal Water District, and consulting contracts held by his brother Tom, appear to be part of the FBI's probe that led to a seizure of documents from the senator's office. LAT, KPCC, Bee
Developer Wayne Ratkovich bought downtown's dated Macy's Plaza for $241 million and announced plans for a $160-million transformation. LAT
The LAPD is conducting a loud anti-terrorism drill on Figueroa Street between 5th and 4th Street at 10 a.m., for attendees at a homeland security conference. There will be related street closures in the area between 10 a.m. and 1 p.m.
Supporters of Exposition Park museums were successful Wednesday in stopping a plan that they said would cripple the institutions by giving USC control of public parking as part of the school's pending takeover of the Los Angeles Memorial Coliseum. LAT
Mayor Antonio Villaraigosa will spend a few hours hobnobbing Thursday with political and business leaders at for Massachusetts Gov. Mitt Romney's "Experts and Enthusiasts" retreat in Park City, Utah, then return to Southern California to greet Chinese President Xi Jinping. CNS
Eric Garcetti will attend the block party at DTLA's Grand Park on Friday celebrating Villaraigosa. He also speaks today at the Banning High School graduation ceremony in Wilmington.LA Weekly
25 ideas for mayor-elect Garcetti from the progressive side and Peter Dreier. Frying Pan News
Henry Rollins is interviewed by the editor of his column, Ben Westhoff. LA Weekly
Mission and State, the new investigative and narrative journalism enterprise out of Santa Barbara, launches today. Website
Why Google Reader Really Got the Axe. Wired
The public is invited to tour the new Tom Bradley Terminal at LAX on June 22. LAX
Leslie Van Houten's parole request was denied for the 19th time. CNS
Joey Covington, the drummer for Jefferson Airplane and its successor Jefferson Starship, was killed in a single-car crash in Palm Springs on Tuesday afternoon. He was 67. LAT
William T. Cartwright, a documentary film maker who saved the Watts Towers from destruction, died at age 92. LAT