July 6 - July 12, 2008
Saturday, Jul. 12
The negotiating group for the media companies implied that the weak economy might require portions of its proposal to be pulled back. $MTEntryExcerpt$>
It's only one of the most serious threats since the Great Depression. Trouble is it takes some doing to figure out. $MTEntryExcerpt$>
Friday, Jul. 11
Federal regulators seized the troubled mortgage lender in what will become one of the largest bank failures in U.S. history. $MTEntryExcerpt$>
It calls for a flat $3-a-month parcel tax, which would help fund after-school and job training programs. $MTEntryExcerpt$>
The last remaining defendant in the long-running kickback case has agreed to plead guilty. $MTEntryExcerpt$>
The Treasury Department is "not talking about nationalizing" Fannie Mae and Freddie Mac, the WSJ is reporting.
$MTEntryExcerpt$>
Markets getting whacked on Fannie-Freddie concerns, oil tops $147, SAG offers counter-proposal, and Cheesecake Factory sued. $MTEntryExcerpt$>
Thursday, Jul. 10
Final arguments in the closely watched case that pits Mattel and rival toymaker MGA Entertainment. $MTEntryExcerpt$>
First she needs to get the Council to put it on the November ballot - and then it needs a two-thirds vote.
$MTEntryExcerpt$>
Americans are still shopping, foreclosures piling up, Redstone spurns daughter (again), and Waldorf construction on November ballot. $MTEntryExcerpt$>
Wednesday, Jul. 9
Proposed wage increases would be retroactive to July 1, but only if the union accepts the contract offer by Aug. 15. $MTEntryExcerpt$>
It's not often that the LAT rates a restaurant "poor," but then again, there aren't many places more deserving. $MTEntryExcerpt$>
Government has done pretty much all it can, what with the Fed cutting interest rates and consumers spending their stimulus checks. $MTEntryExcerpt$>
The Air Force will reopen bidding on the multi-billion dollar tanker contract that Boeing had gone after. $MTEntryExcerpt$>
SAG left alone by AFTRA vote, IndyMac is on life support, Lakers up ticket prices, and Steve & Barry's to file for bankruptcy. $MTEntryExcerpt$>
Tuesday, Jul. 8
The deal would have 750 employees moving to Prospect Mortgage, which specializes in buying midsize residential lenders.
$MTEntryExcerpt$>
Er, does it mean anything that the price of crude has dropped almost nine bucks in the last two days? $MTEntryExcerpt$>
The numbers should offer a little perspective next to the recent wave of ill-informed commentaries about the news business. $MTEntryExcerpt$>
Well, at last check it was trading at 43 cents a share, though "trading" is probably pushing things. $MTEntryExcerpt$>
L.A. home sales in June jumped 30 percent from the previous month, but they were down 28 percent from a year earlier. $MTEntryExcerpt$>
Fed clamps down on exotic loans, value of property assessments increases, airline cuts LAX service, and overhaul for "Theme Building." $MTEntryExcerpt$>
Monday, Jul. 7
Why were the severance packages for two top executives adjusted three days before the announced sale? $MTEntryExcerpt$>
The Pasadena-based mortgage company is eliminating 3,800 jobs and has stopped taking loan applications.
$MTEntryExcerpt$>
This is the third straight week of declines, though the drop amounts to less than a nickel a gallon in the L.A. area. $MTEntryExcerpt$>
An offer of nearly $1 billion was made - and withdrawn - for the largest office landlord in downtown Los Angeles. $MTEntryExcerpt$>
Stocks are up (and oil is down), LAX work could slow, Countrywide workers may lose severance, and higher earnings for WGA members. $MTEntryExcerpt$>
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