August 19 - August 25, 2012
Friday, Aug. 24
Complicated case ends with a complicated jury verdict. Samsung was found to have infringed on six of seven patents for smartphones and tablets.
After years of offers being turned down, the Olympic and Figueroa location has three interested parties - and apparently an interested seller. Asking price is $25 million.
I know you're fed up with all the back-and-forth about income and taxes, but Business Insider has prepared a very useful (and evenhanded) presentation on who makes what and who gets taxed what.
Another cautionary tale on how incentives make for terrible fiscal policy, whether it's Allen Park, Michigan or the entire state of California.
Current and former staffers were asked for examples on Reddit - just in time for the upcoming Labor Day weekend. It's not a pretty picture.
Good, basic information from OnlineMBA.com, a website that provides all sorts of resources for folks considering an MBA degree.
Gas prices stuck on the high side, stocks turning around to close the week, sluggish orders for durable goods in July, and construction stops at Burbank Walmart.
Thursday, Aug. 23
So much for an effort by business and labor interests to do an end around on the California Environmental Quality Act.
Parking lots, billboards, marijuana dispensaries, parking scofflaws - it's getting to be a long list.
No telling what all this means (volume has been low all month), but several cross currents are at play.
Household income within this age bracket is nearly 10 percent less than it was three years ago, Younger Americans have taken a big hit as well.
The plan would be for the Maloof family to move to Virginia Beach, Virginia and for Comcast to help build a new sports arena.
Possible contamination at Disney, LAX gets Dreamliner in January, changes in state environmental statute gain supporters, and city not able to enforce statute on blighted homes.
Wednesday, Aug. 22
Well, don't look at us! Pew asked a group of middle class Americans who was to blame for their decline over the past 10 years and only 8 percent fessed up.
The idea is to document what needs to be fixed - a project that would take three years and cost $10 million - and then ask voters to pass a bond measure to pay for the repairs.
The basics are easy enough to figure out, but WSJ tech writer Katherine Boehret finds that many of us aren't aware of various shortcuts.
Nearly half of Californians surveyed say politicians should focus on wasteful spending before raising taxes.
New companies tend to grow quite fast, of course, but five-figure growth is something else again. Nasty Gal's 28-year-old founder got her start selling one-of-a-kind vintage pieces on eBay.
The company that owns Wells Fargo Tower, U.S. Bank Tower, and other prominent downtown high-rises is considering an outright sale or a big cash infusion.
Recession predicted unless Washington acts, City Council considers tax hikes for parking and property sales, retail development near USC on hold, and more talk about pension reform.
Tuesday, Aug. 21
Let's face it, the real reason costs have gotten out of control is that there are lots more people over 65 and because the health care system is so much more effective than it used to be
The current round of litigation involving local medical marijuana laws resembles a giant jigsaw puzzle that's shy a few pieces.
Judging by the wise ass tweets I've come across these past few days, not even someone suffering from Parkinson's disease gets a free pass anymore.
A couple of quick Comcast-directed hits to begin the monologue last night, even though the new owner of NBC Universal isn't really responsible for the cuts.
Aetna's $5.7-billion purchase of Coventry Health Care, a huge provider of Medicare and Medicaid programs, is just the latest example of health care dealmaking in advance of the election.
Billionaire unloads Facebook stock, "Fifty Shades of Grey" helps Barnes & Noble earnings, DreamWorks Animation cuts distribution deal with Fox, and West Hollywood bans plastic bags.
Monday, Aug. 20
The administration didn't do very much, perhaps at the cost of a delayed recovery. But the possible options were political non-starters.
Being the largest, richest state, it's no surprise that California ranks first in total amount of donations. But the state ranks only 26th in percent of income given (4.4 percent).
She was a pioneer - at one time Diller operated seven separate companies. "I'm good at making up my mind," she said.
The stock reached a record high of $664.74 a share, which translates into a market value of $623.13 billion.
Some early backers of Groupon are getting out, Facebook shares are trading below $19 a share (IPO price was $38), L.A. area gas prices were little changed over the weekend, and layoffs at the "The Tonight Show."
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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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