February 26 - March 3, 2012
Friday, Mar. 2
Electric car sales aren't going to pick up until batteries can be made more cheaply.
Not very, but when airlines combine computer systems, nasty stuff can happen.
Those online job sites might not be the best way to break through.
Board of Equalization is out with a list of the 500 biggest offenders. All told, they owe the state $555.7 million. Tops on the list is Downey-based California Target Enterprises, a gas station company delinquent to the tune of $18.3 million. You'll also notice former Kings owner Bruce McNall, who owes $7.7 million. Beginning in July state licenses or permits cannot be issued to anyone on the list. (Date indicates the first lien notice.) CALIF....
Baby boomers are entering their retirement years without anywhere close to adequate savings.
From this week's TED conference in Long Beach - and way cool.
Investors still hesitant about stocks, credit unions picking up business, gas price surge appears to be easing, and turmoil at MOCA.
Thursday, Mar. 1
This is to refinance existing debt and should save the state around $250 million in debt-service payments.
Way higher than expected, especially with the rising price of gas. February sales jumped to an annual rate of 15.1 million, the highest level in four years (during the height of the recession the annual rate was 9.1 million). As for the individual automakers, Chrysler was up 40 percent from a year earlier, Ford 14 percent, GM just 1 percent (2011 was unusually strong because of a discount program). All these sales should help the...
Sorry, you won't find much grieving around these parts.
Quite a bit of activity at the higher end.
Still-high jobless rate understates the depths of the local employment problem.
The city is technically in default, but it cannot file for bankruptcy - not yet.
Another reminder of how tentative these numbers can be.
Good month for car sales, retail sales picking up, B of A considers new fees, and a new Costco for Westfield Topanga.
Wednesday, Feb. 29
Thank goodness they had the sense to water down much of the original proposal, which had been championed by City Councilman Richard Alarcon and would have forced the city to stop doing business with banks that had poor lending records in L.A. Budget Chief Miguel Santana warned that such restrictions would have broken ongoing contracts and cost the city $58 million. Under the revised plan, which was approved on a 13-0 vote, the council has...
The cuts amount to nearly a tenth of the workforce.
Wow, that was fast.
The number of times that the word "uncertainty" was mentioned in the Fed's beige book.
How much longer will newspapers feel obliged to publish accounts of events that took place almost 24 hours ago?
To some extent, sure. But that's only the first question.
The NBA-owned Hornets would seem like an obvious possibility, but there's pressure to keep the team in New Orleans.
He's more sedate and less cantankerous.
Growth revised upward, interest rates to stay very low, Stockton tries to avoid bankruptcy, and new service from Washington Reagan to LAX.
Tuesday, Feb. 28
You mean anything involving the city of L.A.? No.
Subaru won the top score of all automakers, while Toyota models represented half of the magazine's top picks by vehicle category.
Looks like the blue chip index will finish at 13,005, up 23 points.
Despite the recent price declines, L.A. remains an expensive place to own real estate.
Just sell off 20 million shares of stock valued at a more than a quarter of a billion dollars.
Former MGM CEO Harry Sloan will co-host the event.
Home prices keep falling, consumer confidence keeps rising, California to reap $2.5 billion from Facebook taxpayers, and Stockton on verge of bankruptcy.
Monday, Feb. 27
Show drew 39 million viewers. This year's Super Bowl drew 113 million.
An average gallon of regular in the L.A. area rose 23 cents last week.
Groups led by Magic Johnson and hedge fund billionaire Steven Cohen are still in the mix.
The long-running saga between the Maloofs and the city of Sacramento appears to be ending, with co-owner Gavin Maloof announcing that his family was prepared to put up at least $75 million on a new sports arena. You might recall the negotiations last year about the Kings moving to Anaheim. From the Sacramento Bee: George Maloof said the $75 million in additional payments, to be made over the course of the deal, will come partially...
Why nostalgia is not a business model.
The unemployment rate is still sky-high and the housing market is still lousy.
More business for "The Artist," no federal help for Medi-Cal, cruise passengers robbed in Mexico, and Mexicana could start flying again.
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The funeral for Mark Lacter will be held Sunday, Nov. 24 at 12 noon at Hillside Memorial Park, 6001 W. Centinela Avenue, Los Angeles 90045. Reception to follow.
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