March 16 - March 22, 2008
Friday, Mar. 21
CBS reports a huge increase in Web traffic on Day One of March Madness and advertisers have taken note. $MTEntryExcerpt$>
The new report is another sign that the economic impact of the writiers strike was minimal. $MTEntryExcerpt$>
Sour market reduces L.A. property taxes, Pellicano trial gets interesting (sort of), and Starbucks baristas win tip dispute. $MTEntryExcerpt$>
Thursday, Mar. 20
L.A. harbor commissioners broke ranks with their Long Beach counterparts with a plan that will end the use of independent drivers. $MTEntryExcerpt$>
The Paramount head said he had nothing to do with his legal team hiring Pellicano - and he wasn't aware of any wiretapping.
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One insider tells Crain's NY Biz that an offer has been made. Tribune acknowledges that it may have to sell assets. $MTEntryExcerpt$>
Emmy-winning producer is charged in an alleged scheme to inflate the revenue and stock price of the company he founded. $MTEntryExcerpt$>
Oil plunges to under $100, MGM could face credit crunch, Borders is on the block, and Milberg partner makes plea deal. $MTEntryExcerpt$>
Wednesday, Mar. 19
Even the judge referred to "lengthy and boring" testimony, though there have been a few zingers directed at the gumshoe.
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Dov Charney faces an SEC inquiry (probably informal), while Joe Francis turns up New Jersey's call girl "gone wild." $MTEntryExcerpt$>
JetBlue is betting that those extra four inches will be a big deal - and a way to compete with Virgin America. $MTEntryExcerpt$>
This one sets the right tone - somewhere between the Weekly Reader and the Journal of Economics. $MTEntryExcerpt$>
Markets chew on good news, SEC looking at Bear, Oxy CEO makes $63.5 million (really more), and plan for cleaner ports. $MTEntryExcerpt$>
Tuesday, Mar. 18
The insurance giant says it's being unfairly forced to lower premiums by a larger percentage than other companies. $MTEntryExcerpt$>
Most folks are watching the same amount of television as they did during the Writers Guild walkout. $MTEntryExcerpt$>
The fed funds rate was reduced from 3 percent to 2.25 percent, its lowest level since December 2004. $MTEntryExcerpt$>
Market soars and then waits for Fed decision, Bear Stearns shareholders up in arms, and gas prices may be peaking. $MTEntryExcerpt$>
Monday, Mar. 17
February exports are way up from a year ago, but there are still far more containers coming in than going out. $MTEntryExcerpt$>
Orange County's Roland Arnall founded what became the largest originator of subprime loans in the country. $MTEntryExcerpt$>
As interest rates on government securities keep falling, some say that stocks are a bit more attractive than before. $MTEntryExcerpt$>
Unfortunately, there's no law against loudmouths who make all kinds of declarations that turn out to be sooooo wrong.
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Markets jittery on Bear Stearns news, Supremes takes on indecency case, Boeing lays out complaints, and shakeup at HBO. $MTEntryExcerpt$>
Sunday, Mar. 16
J.P. Morgan is buying the venerable Wall Street bank for $236 million. On Friday its market value was $3.5 billion. $MTEntryExcerpt$>
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