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.
Mid-May to mid-June home sales in OC were down, but by just 4.2 percent from a year earlier.
The two companies are in a dying business because big cell phone operators now do much the same thing.
At last check, the Dow was down 20.2 percent from its intraday high set in October. And there's no place to hide.
The Tribune CEO says that newspapers have been "insulated from reality" - namely what readers want.
Market trying to calm down (but oil is up again), KB takes big hit, IndyMac stock under a buck, and new domain flavors.
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.’”
South Korea's CJ CGV chain plans to open a 648-seat, three-screen theater near Western Avenue in November.
As part of the Countrywide purchase, Bank of America will eliminate 7,500 positions over the next two years.
There's a pretty strong case for stocks being oversold after several weeks of losses - and today's 358-point plunge.
The Dow reached its 2008 low this morning, and then kept falling, on a bunch of icky news.
Ralphs goes discount route, Villaraigosa pushes sales-tax hike, Angelo chokes up, and Air Force missteps revealed.
Wednesday, Jun. 25
Let's be honest here: This is a crummy property being put on the market at a lousy time.
The mortgage company is accused of engaging in deceptive advertising and unfair competition by pushing borrowers into risky loans.
There's nothing nefarious about Ralphs pulling back on its double-coupon policy. It's just business.
Countrywide to be sued, lots more millionaires, waiting for the Fed decision on rates, and American tests Internet.
Tuesday, Jun. 24
A federal judge has ruled in favor of the steakhouse owner (Zwiener) in a lawsuit brought by the celebrity chef (Puck).
Today's news speak volumes about why it's so hard to figure out what's going on.
The Bev Hills-based chain is looking especially at China and India, where the hotel biz is in its infancy.
The L.A.-based cell phone company that was started by Sky Dayton might be sold to Virgin Mobile.
L.A. home prices still falling, naming rights for the Coliseum, Ralphs clips coupons, and Obama holds Hollywood fundraiser.
Monday, Jun. 23
The Ninth Circuit jurist is being represented by an L.A. lawyer in a pending judicial misconduct inquiry.
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.
He is expected to be placed on five years’ probation and pay $12.2 million in penalties for lying to the feds.
Oil prices steady, Hanks supports AFTRA deal, newspaper ad revenues plummet, and Americans give more to charity.
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