October 26 - November 1, 2008
Friday, Oct. 31
Being governor is probably becoming a drag – and with so many budget shortfalls on the horizon, it won't get any easier. $MTEntryExcerpt$>
More fast food chains are pushing specials - and with the plunge in third quarter consumer spending, they're getting plenty of customers. $MTEntryExcerpt$>
CVS is getting into the discount prescription game by offering 90-day supplies of more than 400 generic medications for $9.99. $MTEntryExcerpt$>
Intrade gives him a 17.4 percent chance of winning the election, which is sharply up from earlier in the week. $MTEntryExcerpt$>
Gas now under $3 a gallon, L.A. drops Palmdale airport, FDIC can't find IndyMac borrowers, and "CNBC effect" impacts book sales. $MTEntryExcerpt$>
Thursday, Oct. 30
He called the recent sale of his CBS and Viacom stock "highly unusual" and said it would not happen again. $MTEntryExcerpt$>
Courtenay Semel, daughter of former Yahoo CEO Terry Semel, allegedly tried that line on a security guard at Caesars Palace. $MTEntryExcerpt$>
L.A. foodies know it as Joachim Splichal's effort at a seafood concept and a Westside location, but it just didn't work. $MTEntryExcerpt$>
Financial services, publishing, automaking, technology, retail - times are tough and getting tougher. $MTEntryExcerpt$>
The 6.4 percent rate of decline on non-durable goods, stuff like clothing and food, was the biggest since 1950. $MTEntryExcerpt$>
Market higher despite GDP news, Candy firm defaults on Bev Hills property, and federal commission doesn't like port plan. $MTEntryExcerpt$>
The GDP contracts in the third quarter as consumers cut back on their spending by the largest amount in 28 years.
$MTEntryExcerpt$>
Wednesday, Oct. 29
Old habits die hard, especially when the price of gasoline falls by $1.50 a gallon. $MTEntryExcerpt$>
A plan being considered would have the lender agree to reduce monthly payments based on a homeowners' ability to pay. $MTEntryExcerpt$>
With most politicians, there is usually a subject and verb somewhere in the picture. Not so with the governor of Alaska.
$MTEntryExcerpt$>
About 30 of them in the newsroom. It's the Register's fourth round of layoffs this year. $MTEntryExcerpt$>
The hugely successful mortgage broker specializes in young folks - 24-to-38-year-olds - who like to have a good time.
$MTEntryExcerpt$>
Wall Street expecting rate cut, new Dubai airline making splash, and Geffen leaves DreamWorks Animation. $MTEntryExcerpt$>
Tuesday, Oct. 28
In the latest LAT/Bloomberg poll, Obama has a 49%-40% edge over McCain in Ohio and a 50%-43% lead in Florida. $MTEntryExcerpt$>
Am I crazy or is Wall Street beginning to resemble a Fellini movie? How else do you explain today's 890-point jump? $MTEntryExcerpt$>
The Dow was up almost 900 points, with most of the action occuring in the last hour. $MTEntryExcerpt$>
So what happens to communities in Riverside and San Bernardino that have been at the center of the foreclosure mess? $MTEntryExcerpt$>
Executives are being advised not to stay at the Four Seasons, Ritz-Carlton and Mandarin Oriental, where room rates easily run $500 a night. $MTEntryExcerpt$>
L.A. home prices still falling, L.A. gas prices still plummeting, more local banks want help, and efforts to unionize Fresh & Easy. $MTEntryExcerpt$>
Monday, Oct. 27
With print revenues still driving more than 85 percent of the business, the transition to the Web is happening too fast. $MTEntryExcerpt$>
If you happened to have stepped away at 12:30, you might be surprised to know that the Dow fell more than 200 points. $MTEntryExcerpt$>
The paper reported a 15 percent plunge in average daily circulation, to 236,270. $MTEntryExcerpt$>
Some relief expected next summer, City National gets infused, LAT circulation drops 5 percent, and fewer passengers at LAX. $MTEntryExcerpt$>
© 2003-2015
About LA Observed
Email the editor