September 9 - September 15, 2012
Friday, Sep. 14
This could be another indication that U.S. retailers are cautious about the holiday season. $MTEntryExcerpt$>
Whatever benefit the brick-and-mortar crowd might have gained by forcing Amazon to include sales tax might be lost - and then some. $MTEntryExcerpt$>
Gas prices boost inflation, consumer sentiment is at highest level in four months, last non-tax day on Amazon, and Planning Commission approves stadium plan. $MTEntryExcerpt$>
Thursday, Sep. 13
Very cool video that was shot entirely with Google Glass, the company's futuristic headset/smartphone device. $MTEntryExcerpt$>
I'm not a huge fan of the proposed complex, but I'm not especially fond of extortion either - and that's the sorta, kinda threat that a downtown coalition is throwing around. $MTEntryExcerpt$>
What stands out is the stronger presence of higher-priced properties. Southern California sales between $300,000 and $800,000 - the common range for move-up buyers - rose 23.4 percent from a year earlier, $MTEntryExcerpt$>
Big day for stocks, with the Dow jumping 206 points. Of course, the basis for today's runup is the Federal Reserve's more aggressive bond-buying program, which is only happening because the recovery has been so sluggish. $MTEntryExcerpt$>
This is a big deal. "Open-ended" is the key phrase here, an indication that the Central Bank is prepared to keep buying bonds indefinitely in an effort to boost a sluggish recovery. $MTEntryExcerpt$>
Waiting for the Fed, drop in California foreclosures, Planning Commission considers downtown stadium proposal, and Health Net sued over refusing to cover treatments. $MTEntryExcerpt$>
Wednesday, Sep. 12
It just isn't the gory story that it used to be. This is a slumbering recovery, yes, but a recovery nonetheless. And while everything could change tomorrow, slow growth doesn't seem like a winning bet for Romney.
$MTEntryExcerpt$>
In a nutshell, it'll be larger, lighter, faster, and be able to connect with more cellular networks. Apple's updated iPhone will be in stores on Sept. 21. $MTEntryExcerpt$>
Three weeks after the blockbuster trade that brought Adrian Gonzalez to L.A., the Dodgers are 6-10 - not quite what the Guggenheim partners had in mind. $MTEntryExcerpt$>
The Census Bureau is out with a zillion numbers that can be sliced and diced in lots of ways. The state's median income - and its percentage of uninsured residents - are both higher than the U.S. overall. $MTEntryExcerpt$>
Apple introduces the iPhone 5, Federal Reserve policymakers meet to consider pumping the economy, more Americans are bypassing banks, and Gov. Brown signs pension legislation into law. $MTEntryExcerpt$>
Tuesday, Sep. 11
The one-hundredth year birthday celebration is capped off on Wednesday with a shindig that commemorates the hotel's landmark status - the first such designation under the city's historic preservation ordinance. $MTEntryExcerpt$>
China, which is California's third-largest trading partner, bought $14.1 billion in state-produced goods and services in 2011, and Chinese investors have been snapping up U.S. companies and real estate. $MTEntryExcerpt$>
This is the same U-T newspaper that ran a venomous anti-Obama editorial over the weekend, the same paper that's hosting an event for Republican Party candidates tonight, the same paper that's become an embarrassment for San Diego. $MTEntryExcerpt$>
California received larger-than-expected tax revenues last month, according to the state Controller's office. $MTEntryExcerpt$>
Government will be making money on AIG, rebuilding Convention Center to cost more than expected, Digital Domain special effects house is being taken over as part of bankruptcy filing, and Californians are more upbeat. $MTEntryExcerpt$>
Monday, Sep. 10
The 2.5 percent increase comes out to an extra $110 million in taxes - good news for struggling cities. Higher valuations are also a relief for homeowners who remain underwater. $MTEntryExcerpt$>
Now
that deserves a medal. L.A. money manager Alex Rubalcava has been tweeting his observations. $MTEntryExcerpt$>
Forget about the political rhetoric from both sides and check out this summary from Business Insider. $MTEntryExcerpt$>
Developers have been responding to a tight rental market (vacancies are down to 2 percent in many buildings). $MTEntryExcerpt$>
Boom times in Bakersfield, special effects house Digital Domain might seek bankruptcy protection, Variety owners cut asking price for paper, and slow weekend at the box office. $MTEntryExcerpt$>
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