January 4 - January 10, 2009
Friday, Jan. 9
Yes, the numbers are terrible, but they were supposed to have been terrible - and they will continue to be terrible for some time.
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The promotion runs between now and June 3, which is typically a slow time in the theme park business - likely to be even slower this year.
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He was a regular at a Palm Beach shop called Trillion, where you could spend $7,500 on a sports jacket. $MTEntryExcerpt$>
Still-higher gas prices, Krugman says Obama plan not enough, Katzenberg losses reportedly total $20 million, and better KB results (sort of). $MTEntryExcerpt$>
Employers cut 524,000 jobs in December, bringing the 2008 total to 2.6 million. That's the largest yearly slide since 1945. $MTEntryExcerpt$>
Thursday, Jan. 8
"This is extremely painful and humiliating for me,” he tells CNBC. "It has done extraordinary damage to my philanthropy." $MTEntryExcerpt$>
The $13.9 billion price tag suggests a huge discount on the failed Pasadena thrift's loans and securities. $MTEntryExcerpt$>
The owner of the 7th & Fig shopping center figures that losing Macy's will be an opportunity to reposition the complex. $MTEntryExcerpt$>
Investigators found 100 signed checks worth $173 million that apparently were ready to be sent to family members and friends $MTEntryExcerpt$>
Those selling protection to Tribune investors will have to fork over $98.50 for every $100 of face value. Yowser!
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Bratz sales approved, L.A. rents are falling, Grey re-ups at Paramount, and Northrop combines units. $MTEntryExcerpt$>
Even sales at Wal-Mart, which had been holding up reasonably well because of its low prices, rose only 1.7 percent in December.
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The 7th and Fig location, otherwise known as Ernst & Young Plaza, will be one of 11 underperforming stores to be shuttered. $MTEntryExcerpt$>
Wednesday, Jan. 7
An executive buys a house in Corona in 2006 and its value promptly falls by 50 percent. But his company is bailing him out. $MTEntryExcerpt$>
Banks, automakers - hell, why not pornographers? Joe "Girls Gone Wild" Francis and Larry "Hustler" Flynt are asking Congress for $5 billion. $MTEntryExcerpt$>
Somehow the guy still manages to come off as being even more obnoxious than last we remember. He insists that he'll live forever. $MTEntryExcerpt$>
The paper will resume a standalone business section four days a week - and it'll be renamed "Business" from the current "Marketplace." $MTEntryExcerpt$>
Stocks off on Intel news, why banks still aren't lending, Blue Shield reissues medical coverage, and Hollywood swag takes a holiday. $MTEntryExcerpt$>
Tuesday, Jan. 6
The case centers on alleged efforts by General Growth to prevent Cheesecake Factory from moving into the American at Brand center.
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Entertainment lawyer Larry Stein is looking for ways to sever his connection with the NY attorney accused of bilking investors. $MTEntryExcerpt$>
An $18 billion package of tax increases and cuts being proposed by Democratic leaders appears headed for the dustbin. $MTEntryExcerpt$>
The subject is earthquakes - specifically a 7.8-magnitude shaker - and how it would further devastate the housing market. $MTEntryExcerpt$>
Any prominent executive who takes his own life is getting lots of attention. Today, there are two such stories. $MTEntryExcerpt$>
A lending bank tried auctioning the Marina property for $44 million, but there were no takers. So the unfinished place is gathering dust. $MTEntryExcerpt$>
Oil and gas are back up, Madoff trustee finds $830 million, new name for IndyMac, and home video business takes hit. $MTEntryExcerpt$>
Monday, Jan. 5
Lions Gate is now getting the cable channel of TV listings, along with TV Guide Online, for $255 million. $MTEntryExcerpt$>
Citigroup offered to modify the loan terms for an OC subprimer named Daniel Sadek. But Sadek failed to make the new payments.
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An office manager in the firm's London office is so ticked off that she's decided to yap about Bernie's spending habits.
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Her candidacy would not be a big surprise - it's been the talk of Republican insiders for weeks. $MTEntryExcerpt$>
This time it's the breast implant business. One NY plastic surgeon saw his practice take an 18 percent dip in October. $MTEntryExcerpt$>
Jobs explains weight loss, box office was solid in 2008, feds investigated Madoff many times, and no more public access channels. $MTEntryExcerpt$>
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