March 4 - March 10, 2012
Friday, Mar. 9
A different way of doing business is taking shape.
The L.A. developer has been trying for years to overhaul the old Miramar Beach Resort.
First time in nearly three years state unemployment rate was under 11 percent.
L.A. company says it's a different type of research.
Broad job gains, mortgage deal provides added dividend, Americans resume borrowing, and Taylor Swift is tops.
It's not just the 227,000 payroll jobs that were added in February - it's the upward revisions from earlier months that economists are spotting. The January jobs figure was increased by 41,000 and the December figure by 20,000. Overall, the economy has added an average 245,000 jobs over the past three months - that's significant. (NYT)...
Thursday, Mar. 8
A Vancouver developer is finalizing plans to build a 32-story apartment tower at Ninth and Olive streets.
That might seem surprising given the area's enormous levels of wealth.
That's based on industry growth rates between 2007 and 2011.
Rule #1: No one knows what the numbers will look like.
Well, not completely, but Nevada gaming revenues are on the upswing.
The world is filled with lots of extremely rich people.
Jobless claims increase, shaky support for tax measure, California tops in suspicious mortgage loans, and Hollywood union talks begin.
Wednesday, Mar. 7
Turns out that Alec Baldwin isn't the only jerk who refuses to turn off his phone or tablet. Numbers are sketchy, but flight attendants say that electronic devices have become the leading cause of unruly behavior by passengers. They just don't believe the machines can cause any problems, and, truth be told, there's only limited research on the subject, none of it conclusive. From the WSJ's Scott McCartney: Travelers who "think 'it's no big deal'...
California has the largest number of residents with a net worth of $2 million or more.
The Dow picks up some of its losses from Tuesday, gaining 78 points.
You'll be astounded.
A faster machine and sharper graphics are the selling points.
L.A. will have a hard time giving out raises because its deficit is so large.
NY crude is trading at about $105 a barrel, which is well below the $144 level in 2008.
Pickup in private employment, gas prices stop climbing, Apple announces new iPad, and new budget woes for L.A.
Tuesday, Mar. 6
The measures include 300 job cuts and the closing of 50 courtrooms.
A former Sherman Oaks investment manager named Bruce Friedman tried France. The feds had been after him in connection with a Ponzi scheme that allegedly bilked investors of more than $200 million. Last year French police arrested Friedman in front of his hotel in Cannes, and in the months since he had been awaiting extradition to the U.S. Then, Friedman died. No word on how or when, according to the LAT. Frankly, the idea of...
It all came apart today in what was by far the worst trading session of the year. The Dow, which was down sharply all day, finished down 203 points, to 12,759. Analysts will point to more rumblings out of Greece, but the market had been long overdue for a pullback as traders look to cash in on what has been a surprisingly bullish year so far....
Why won't the L.A.-based marketeer of supplement disclose R&D information?
Yes, it does make a difference.
He has a strong chance of winning Ohio, North Dakota, and Alaska, and is a virtual lock in Virginia, Massachusetts, Vermont, and Idaho.
Metaphorically, that is.
Gas prices stabilizing, concerns about college loans, scamster Bruce Friedman dies, and record year of lobbying.
Monday, Mar. 5
Keep in mind that they were up 23 cents the previous week.
Thousands of students rallied outside the state Capitol this morning.
Don't get too excited by the seven or eight sponsors that have pulled out - it's still a long list.
Too many retirees wanting to sell their investment portfolios will deflate prices.
This explains why retail's luxury sector turned around so fast after the downturn.
Seven new destinations out of LAX, including Shanghai, Hilo, and Austin.
Yahoo preps big restructuring, newspapers struggle on print side, big weekend for "The Lorax," and labor abuses alleged in Inland Empire.
© 2003-2015 • About LA Observed • Email the editor
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.
More From Mark Lacter:
After 22 years of loyalty, Baylor is unceremoniously shown the door.
Before I lived in Echo Park, there was a tiny 1920s bungalow-cottage-standalone house on N. Occidental in Silver Lake. I...
