April 8 - April 14, 2012

Friday, Apr. 13
The Frank McCourt era is over - well, mostly.
What a way to spend a Friday night in Delaware.
Women did make up the vast majority of workers who lost their jobs since President Obama took office. But...
three-stooges-movie.jpgDorothy Pomerantz tweets:"Three Stooges poised to overtake Hunger Games at the box office." Watch the trailer.

Agreement calls for a 2 percent annual wage increase and modest increases in health and pension plans.
In the world of public television it was nothing short of the nuclear option. I have a piece in this month's Los Angeles magazine.
It's been happening in other markets for some time. The question is whether other chains will follow and how badly the cutback will affect LAT ad revenues
As Jack Paar used to say, "I kid you not." (Guess they'll have to find out who Jack Paar was.)
Why gas prices are falling, Time Warner Cable would consider Dodger stake, OC gets back on bullet train route, and Port of L.A. has big month.
Thursday, Apr. 12
The new normal - not terrible, but not altogether wonderful. The problem is in the headwinds that threaten to limit expansion.
The Dow jumped 180 points, to just under 13,000.
Somewhat convoluted opinion on a somewhat convoluted case.
It's not easy in the days of social networking and nightmarish airline flights.
Jobless claims jump, MLB still not happy with Dodgers, and Amazon cuts e-book prices.
Wednesday, Apr. 11
Who knows what might happen with Iran, but for now the outlook is downward. Locally, gas prices have been edging lower for more than a week.
This time, it's over the celebration of Dyngus Day. Jon Stewart skewers the networks in a separate clip.
The five-day down streak is broken with the Dow gaining 91 points, to 12,807.
The city's chronic deficit is being dealt with in only patchwork ways. And that tax holiday for new businesses coming to L.A. isn't helping.
You mean aside from being gross, overpriced relics of an earlier, gluttonous age?
Seems that the market is being squeezed.
Dodger sale expected to be approved, county assessor gets grilled, U.S. sues Apple over e-book pricing, and pension gap widens.
Tuesday, Apr. 10
The CEO of American Apparel says the company if unprofitable, but only if you look at it a certain way.
The studio's main source of funding, India's Reliance Entertainment, is providing $200 million.
Market was ugly all session.
A rift is opening up between the two.
Everything was under projections, but especially corporate tax receipts.
But no immediate plans to expand in Japan.
The head of the investment group seems to be living out a childhood fantasy, using other people's money.
Limited support for NFL stadium, county faces property tax shortfall, LAX costs head upward, and Fresh & Easy faces new pressure.
Monday, Apr. 9
They were considered a kind of virginity insurance.
The fourth-straight down session.
Economist Tyler Cowen says eating is all about supply and demand.
Actually, the company hasn't been around long enough for there to be much of a backstory.
Low home prices and mortgage rates helps explain it.
Bad day for stocks, gas prices fall a dime a gallon in past month, L.A. budget chief warns about deficit, and early reading on mayoral race.
© 2003-2015   •  About LA Observed  •  Email the editor
LA Observed blogs
News & Chatter
LA Biz Observed
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:
Native Intelligence
Business Guides for Companies – Effective business articles that will improve your business.
SoCal Sports Observed
After 22 years of loyalty, Baylor is unceremoniously shown the door.
Bill Boyarsky
Echo Park blog
Jenny Burman
Before I lived in Echo Park, there was a tiny 1920s bungalow-cottage-standalone house on N. Occidental in Silver Lake. I...
Malibu blog
Here in Malibu
I don't know why it's taking me so long to choose the new platform for this blog. Well, that's not...
We get email