September 23 - September 29, 2012
Friday, Sep. 28
The 20,000-square-foot Holmby Hills estate home has seven bedrooms, 13 bathrooms, home theater, blah, blah, blah.
Nothing terrible happened today - the Dow was down just 48 points - but stocks have fallen five of the last six days and you do have to wonder what might drive the market higher in the coming weeks.
Chamber votes 12-0 to support AEG project. Not a naysayer in sight.
Consumers pick up spending but for the wrong reasons, B of A agrees to pay $2.43 billion to settle class-action lawsuit, support eroding for Gov. Brown's tax plan, and Planning Commission signs off on Universal makeover.
Thursday, Sep. 27
Regrettably, none of the design concerns really threaten to derail the stadium package, which will go to the City Council on Friday. Nor will the questionable economic benefits.
L.A. occupancy was at 85.2 percent in July, while OC hotels were at 88.3 percent, helped along by the revamped California Adventure park in Anaheim.
This has been an irritant of mine for years: The obsessive coverage of monthly employment reports - coverage that often distorts the actual numbers.
U.S. job growth better than expected, mortgage rates hit record low, AEG convention hall plan criticized by architects advising the mayor, and NFL refs keep their pensions under new deal.
Wednesday, Sep. 26
Sounds like an announcement may happen shortly, with the league trying to get them back to work for this weekend's games.
Council gives preliminary approval to DWP rate hike, Gov. Brown signs driverless car legislation, Jaime McCourt claims that Frank cheated her, and more troubles for Tesla.
Tuesday, Sep. 25
So much for asking L.A. voters whether to keep the shops open. Authorities have sent warnings letters to operators in 68 stores, many located downtown and in Eagle Rock, that effectively tell them to shut down.
This is at least a step in the right direction, and the fact that it received a 14-0 vote suggests some sort of awareness of the city's financial troubles.
This is just a taste of what happens if a more aggressive pension overhaul - one that would freeze or reduce benefits for current employees - makes any headway next year.
Station went off the air as the bomb squad has a look.
L.A. home prices inching higher, big jump in consumer confidence, strong demand for California bonds, and $1.7-million reward offered in art heist.
Monday, Sep. 24
Here we go - the first of what are likely to be several bids for the sports-and-entertainment unit of Philip Anschutz's empire.
Check your flight status. Since Sept. 16, 546 flights have been cancelled and 7,137 delayed - way more than usual. Put another way, just half of American's flights have arrived on time.
Not much doubt on this one - city officials offered all kinds of assurances that the possible sale of AEG would not impact the company's commitment to build the stadium and revamp the convention hall.
Apple sells out of iPhones, Facebook stock, now trading at around $21 a share, is still too pricey, council committee considers stadium plan, and free checking is getting more expensive.
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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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