February 25 - March 3, 2007
Friday, Mar. 2
Two Socal financial institutions are under the gun for making subprime residential loans, which are loans to folks with weak... $MTEntryExcerpt$>
In these nervous-making times, markets can get extra jittery on a Friday afternoon. Weekends mean two full days to ruminate... $MTEntryExcerpt$>
Sometimes nuance can be a very big deal - as in describing what former Fed chief Alan Greenspan said about... $MTEntryExcerpt$>
Is this really the end? Boeing has told its top C-17 suppliers that it will stop ordering parts because the... $MTEntryExcerpt$>
January's 4.6 percent jobless rate is up from 4.5 percent a month earlier, but it's still very low - lower... $MTEntryExcerpt$>
It's turning out to be more than a one-day rout after all. The Dow was down around 100 points with... $MTEntryExcerpt$>
All clear now?: The Dow seems to be back to normal this morning (it's down around 15 points in early... $MTEntryExcerpt$>
Thursday, Mar. 1
The Oracle of Omaha's annual letter to shareholders is remarkable both for its folksy touches (shopping tips for Berkshire Hathaway... $MTEntryExcerpt$>
That's the challenge presented to Oracle founder and occasional Malibu resident Larry Ellison. You see $30 million is what Ellison... $MTEntryExcerpt$>
Kevin Sharer, who has not seemed very concerned about studies raising safety concerns of Amgen drugs, is suddenly sounding a... $MTEntryExcerpt$>
As often happens when bidness news becomes front-page news, there's a lot that gets lost in the translation. This week's... $MTEntryExcerpt$>
Settling down: This is shaping up to be a very volatile day on Wall Street. The Dow opened down 200... $MTEntryExcerpt$>
Wednesday's semi-recovery seemed way too tentative - and so we have the Dow down around 175 points in the first... $MTEntryExcerpt$>
Wednesday, Feb. 28
Computer Sciences Corp., the big data processing company based in El Segundo, did an interesting thing today. It notified the... $MTEntryExcerpt$>
Shares of the Santa Monica-based mortgage lender were down 20 percent this morning after the company postponed filing its fourth-quarter... $MTEntryExcerpt$>
It was built for the 120-episode ABC series that ran from 1966 to 1968, and some unidentified private collector sold... $MTEntryExcerpt$>
The just-posted NYT story said the market "showed tentative signs of recovery" and that pretty much sums up a 60-point... $MTEntryExcerpt$>
Market opening: The Dow is up after an hour of trading, but not by that much - about 80 points.... $MTEntryExcerpt$>
Tuesday, Feb. 27
Throw a batch of more data onto the debate. This time, it's a University of California at Davis economist who... $MTEntryExcerpt$>
And it's not one of the names that have been bandied about. Several news organizations are reporting this afternoon that... $MTEntryExcerpt$>
How bad a day was it? Well, at one point during the session 1.46 billion of the 1.5 billion shares... $MTEntryExcerpt$>
At a little after 11, the Dow was down more than 200 points. As is often the case during really... $MTEntryExcerpt$>
Market down sharply: The Dow is off more than 120 points in early action, probably in response to a huge... $MTEntryExcerpt$>
Monday, Feb. 26
There's being generous - and being ridiculous. By having an unlimited grace period to return consumer electronics products for a... $MTEntryExcerpt$>
The numbers are still preliminary, but it looks as if the veeeery lengthy telecast actually drew a slightly larger audience... $MTEntryExcerpt$>
A short story in the Sunday paper (picked up by Talking Biz) notes that business coverage moves to the back... $MTEntryExcerpt$>
The L.A.-based Spanish-language network being slapped with a $24 million fine for trying to pass off telenovelas as children's programming... $MTEntryExcerpt$>
Superchef Joachim Splichal is getting into the chain steakhouse business. Smith & Wollensky Restaurant Group Inc. is being acquired by... $MTEntryExcerpt$>
"The Departed" financials: This year's best picture is shaping up to be a solid financial success. Box Office Mojo reports... $MTEntryExcerpt$>
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