January 18 - January 24, 2009
Friday, Jan. 23
Well, for now anyway. Cortines warns warns that the nation's second-largest school district still faces difficult cuts. $MTEntryExcerpt$>
The Eastside nonprofit has been an politically influential organization focused on job training and minority business development. $MTEntryExcerpt$>
It’s a pretty bleak report, though not especially surprising. I mean, we’re in a terrible recession and this seems to be the worst of it. $MTEntryExcerpt$>
NBC profit off 6%, gas prices keep jacking up, Obama plan could help California big time, and fine dining in trouble. $MTEntryExcerpt$>
Thursday, Jan. 22
The L.A.-based broadcast giant agrees to pay Televisa $25 million in disputed royalties, and Televisa agrees to keep providing telenovelas.
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A group led by investment banker Tom Ricketts is buying the team for around $900 million. $MTEntryExcerpt$>
She appears to have been aware of efforts by a politically influential bank to get dispensation in the $700 billion bailout bill.
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He's the same guy who wanted a $10 million bonus even though the bank was on the verge of collapse before being acquired by B of A.
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Big cuts at Microsoft, shenanigans at Merrill, monster sign company goes to court, and Oscar nominations are out (whoopee!!). $MTEntryExcerpt$>
Wednesday, Jan. 21
The actor's overseas travel was restricted to London and Bangkok, so what on earth was he doing in Dubai? $MTEntryExcerpt$>
Another Fortune 500 company bites the Southern California dust - not a big surprise after Blackstone acquired the hotel chain in 2006. $MTEntryExcerpt$>
The Irvine-based homebuilder confirms a workforce reduction but offers no details on the status of several local projects.
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Too many people - reporters, pundits, bloggers, et al – haven’t the first clue about many of the numbers they're writing about. $MTEntryExcerpt$>
How to deal with bank troubles, paying for the inaguration, lower traffic at LAX, and stadium-related financing approved. $MTEntryExcerpt$>
Tuesday, Jan. 20
Celebrity chef Anthony Bourdain, who does guest appearances on "Top Chef," is a bit of a jerk, but he's not afraid to speak his mind. $MTEntryExcerpt$>
The studios are hardly in real trouble, but at times like these it becomes hard to justify Hollywood's outrageous spending. $MTEntryExcerpt$>
Inauguration Days are typically tough on Wall Street, but this is ridiculous. Today could be one of the worst Inaugural sessions ever. $MTEntryExcerpt$>
Not that many people are paying attention this morning, but the Dow is down more than 100 points in early trading. $MTEntryExcerpt$>
Monday, Jan. 19
The L.A. area is projected to lose 164,000 jobs by the end of the year, the second-highest job loss in the nation after New York. $MTEntryExcerpt$>
Nothing against our new president, but a little proportionality is in order. I mean, aren’t we in the worst economic mess since the 1930s?
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Homes sales continue to skyrocket, many of them foreclosed properties in the Inland areas. Home prices continue to fall. $MTEntryExcerpt$>
The plan is to restructure debt, hold onto the LAT, Chicago Tribune and other big assets, and maintain the employee-ownership structure. $MTEntryExcerpt$>
Jobless money drying up, bad times for gardeners, venture capital sinks in fourth quarter, and SAG's Allen still fighting. $MTEntryExcerpt$>
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