October 21 - October 27, 2012
Friday, Oct. 26
Intrade, the online prediction market, has been especially erratic, with the President's chances of winning falling to as low as 56 percent a few days ago before heading back up.
Instead of shelling out $62.5 million - what has been the projected cost of the project - the actual price presented to voters in a special mail-in election next month will be $85 million.
Letting someone go - especially a high profile CEO - is never easy business, though Citigroup Chairman Michael O'Neill gets the booby prize on how not to do it.
Economy grew at a better-than-expected pace in the third quarter, consumer sentiment is at its highest level in five years, Sumner Redstone says his daughter Shari might succeed him, and more money coming in to defeat Proposition 30.
Thursday, Oct. 25
How do you think city officials have managed to keep the number of sworn officers at almost 10,000 - in spite of the budget woes?
This is not quite a eulogy for Proposition 30, but with less than two weeks to go until the election and support for the measure under 50 percent in two polls it's not looking good.
Singapore Air's nonstop service to Los Angeles covers 8,746 miles and has a flight time of about 16 hours. It's an all-business class cabin, with fares running about $7,300. So why is it ending? Because the airline business is brutal.
These movements are very hard to detect, but new research indicates an increase in northward traffic, perhaps the result of a greater demand for Mexican labor.
Support for Gov. Brown's tax measure falls below 50 percent, CEOs pushing Washington to enact a full-fledged fiscal plan, employers remain hesitant to hire new workers, and gas prices keep falling.
Wednesday, Oct. 24
Time Warner has also failed to sign deals with DirectTV and Dish Network. Don't be surprised if they can't come to terms before the start of the season (it's a long year).
Not to burst any bubbles, but the causes are a lot more complicated than rich people taking money from everyone else.
It's not always easy to decide because you can infect others a full day before symptoms actually set in.
Of course, what do you expect when the two candidates are desperately pushing for votes, especially in Ohio and other industrial centers?
The bank is alleged to have defrauded the government through a mortgage scheme carried out during the financial crisis. It was called "the hustle."
Facebook up sharply on encouraging news about mobile ads, gas prices have fallen 30 cents in two weeks, many voters still in the dark about Proposition 30, and World Series could run into ratings problems.
Tuesday, Oct. 23
The chain's first New York location will be ready next March. Several additional stores along the East Coast are planned after that.
The ordinance would have prohibited any new retail of 20,000 square feet or more, although the ban would not have included Walmart's new Chinatown store.
The question, as always, is whether the slide reflects a pause or something more long-lasting (you can find arguments on both sides).
Yes, that's what Apple is calling its new tablet, although the $329-to-$659 price tag doesn't seem all that mini.
Revenue appears on target, but unanticipated expenditures and overspending have put the city in a hole.
One after another, several of the nation's largest companies came out this morning with lousy third-quarter results and tepid outlooks for coming quarters.
Stock market taking a dive, Bernanke tells friends he probably won't seek another term, Apple to introduce smaller iPad, and brothers behind GET THIN ad campaign under investigation.
Monday, Oct. 22
A group of Cheviot Hills homeowners are asking the State Supreme Court for a stay, which would delay completion of the project.
If you're a Obama supporter this is bad news because Gallup has shown a solid Romney lead for more than a week.
L.A.-area gas prices falling significantly, Dish to resume carrying AMC shows after settling a lawsuit, local office market continues to favor renters, and News Corp. denies report that it's in early negotiations to buy the LAT.
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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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