June 22 - June 28, 2008
Friday, Jun. 27
Factoring in DVR viewing, the median age does drop, according to a new report, but only to 49. $MTEntryExcerpt$>
Mid-May to mid-June home sales in OC were down, but by
just 4.2 percent from a year earlier. $MTEntryExcerpt$>
The two companies are in a dying business because big cell phone operators now do much the same thing.
$MTEntryExcerpt$>
At last check, the Dow was down 20.2 percent from its intraday high set in October. And there's no place to hide. $MTEntryExcerpt$>
The Tribune CEO says that newspapers have been "insulated from reality" - namely what readers want.
$MTEntryExcerpt$>
Market trying to calm down (but oil is up again), KB takes big hit, IndyMac stock under a buck, and new domain flavors. $MTEntryExcerpt$>
Thursday, Jun. 26
Not just celebrities, but real people. Says one Countrywide executive: “Angelo would call in and say, literally, ‘My maid needs a loan.’”
$MTEntryExcerpt$>
South Korea's CJ CGV chain plans to open a 648-seat, three-screen theater near Western Avenue in November. $MTEntryExcerpt$>
As part of the Countrywide purchase, Bank of America will eliminate 7,500 positions over the next two years. $MTEntryExcerpt$>
There's a pretty strong case for stocks being oversold after several weeks of losses - and today's 358-point plunge. $MTEntryExcerpt$>
The Dow reached its 2008 low this morning, and then kept falling, on a bunch of icky news. $MTEntryExcerpt$>
Ralphs goes discount route, Villaraigosa pushes sales-tax hike, Angelo chokes up, and Air Force missteps revealed. $MTEntryExcerpt$>
Wednesday, Jun. 25
Let's be honest here: This is a crummy property being put on the market at a lousy time. $MTEntryExcerpt$>
The mortgage company is accused of engaging in deceptive advertising and unfair competition by pushing borrowers into risky loans. $MTEntryExcerpt$>
There's nothing nefarious about Ralphs pulling back on its double-coupon policy. It's just business.
$MTEntryExcerpt$>
Countrywide to be sued, lots more millionaires, waiting for the Fed decision on rates, and American tests Internet. $MTEntryExcerpt$>
Tuesday, Jun. 24
A federal judge has ruled in favor of the steakhouse owner (Zwiener) in a lawsuit brought by the celebrity chef (Puck).
$MTEntryExcerpt$>
Today's news speak volumes about why it's so hard to figure out what's going on. $MTEntryExcerpt$>
The Bev Hills-based chain is looking especially at China and India, where the hotel biz is in its infancy. $MTEntryExcerpt$>
The L.A.-based cell phone company that was started by Sky Dayton might be sold to Virgin Mobile.
$MTEntryExcerpt$>
L.A. home prices still falling, naming rights for the Coliseum, Ralphs clips coupons, and Obama holds Hollywood fundraiser. $MTEntryExcerpt$>
Monday, Jun. 23
The Ninth Circuit jurist is being represented by an L.A. lawyer in a pending judicial misconduct inquiry.
$MTEntryExcerpt$>
Don't get excited - they're down less than a penny a gallon, to an average of $4.608 a gallon in the L.A. area. $MTEntryExcerpt$>
He is expected to be placed on five years’ probation and pay $12.2 million in penalties for lying to the feds. $MTEntryExcerpt$>
Oil prices steady, Hanks supports AFTRA deal, newspaper ad revenues plummet, and Americans give more to charity. $MTEntryExcerpt$>
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