November 9 - November 15, 2008
Friday, Nov. 14
The paper's pre-printed Sunday travel section features a profile of Santa Barbara. $MTEntryExcerpt$>
Treasury Secretary Hank Paulson needs to offer assurance that he has the crisis under control, but he really doesn’t.
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Major ad categories have been pummeled, such as pharmaceutical, auto, technology and beauty. $MTEntryExcerpt$>
Retail sales plunge in October, gas prices near two-year low, and Century City expansion and billboard moratorium move to Council. $MTEntryExcerpt$>
Thursday, Nov. 13
U.S. sales of software totaled just under $700 million in October - up 35 percent from a year earlier. $MTEntryExcerpt$>
Steve Croft has landed the first post-election interview of President-elect Barack Obama and his wife Michelle for this coming Sunday. $MTEntryExcerpt$>
Terrence Lanni's decision to step down just happened to coincide with the WSJ checking into his academic credentials. $MTEntryExcerpt$>
Remember a couple of hours ago the Dow had fallen under 8000? Well, it sort of recovered. $MTEntryExcerpt$>
The one-time World's Greatest Newspaper has handed out pink slips to several folks in the Washington bureau. $MTEntryExcerpt$>
A WSJ survey suggests a downturn on par with the 1990 recession, but not the levels seen in the early 1980s or 1970s. $MTEntryExcerpt$>
For a few minutes anyway. It's now back over the 8000 mark, barely. From David Gaffen at MarketBeat: Since its... $MTEntryExcerpt$>
They were down 10 percent in October from the previous month, but the drop might not be all that significant.
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Global pullback for 2009, California foreclosures fall, Schwarzenegger seeks federal help (Villaraigosa too), and Barry Minkow resurfaces. $MTEntryExcerpt$>
Wednesday, Nov. 12
The nation's largest public pension fund has seen the value of its land and housing projects fall by more than $3 billion.
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As a result of the weak market, the department store chain is delaying store openings and canceling other projects. $MTEntryExcerpt$>
The Treasury Secretary has given up on the controversial plan to purchase toxic mortgage assets from banks.
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Prices had been stabilizing in the $60-$70 range, but there are new worries about weaker demand. $MTEntryExcerpt$>
Best Buy slashes outlook, GM pulls back from L.A. car show, Downey stock down to 50 cents, and another Dov Charney lawsuit. $MTEntryExcerpt$>
Tuesday, Nov. 11
Just a couple of months ago the company seemed to have a reorganization plan. But that may be falling apart.
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I'll be on assignment and away from my computer. Back later on. This morning's business chat with KPCC's Steve Julian... $MTEntryExcerpt$>
Monday, Nov. 10
This is not the news we were hoping to hear - and yet it's perfectly predictable. From Tuesday's WSJ: The... $MTEntryExcerpt$>
Chapman University's leading employment indicator index fell for the 10th consecutive quarter. $MTEntryExcerpt$>
The parent company of the LAT reported a 19 percent drop in ad revenue at its publishing division. $MTEntryExcerpt$>
The OC homebuilder was speaking at a charity luncheon when his knees buckled and he fell to the floor. $MTEntryExcerpt$>
Shelling out $30,000 for a single tuber might seem like a lot, but it’s peanuts compared with last year's record bid of $330,000. $MTEntryExcerpt$>
Circuit City files Chapter 11, DHL pulls back U.S. operations, L.A. homes prices fall in October, and Socal radio taking an advertising hit. $MTEntryExcerpt$>
Sunday, Nov. 9
News about the tiny institution being seized by regulators brings back memories of the old Security Pacific Bank. $MTEntryExcerpt$>
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