Monday, April 27, 2009
Monday, March 16, 2009
Print Is Dead: Seattle Post-Intelligencer Dies Tomorrow
Print Is Dead: Seattle Post-Intelligencer Dies Tomorrow:
"Hearst finally announced today that the Seattle P-I will stop printing tomorrow."
Wednesday, March 11, 2009
Perez Hilton: R.I.P.
Perez Hilton: R.I.P.: "he Miami Herald, is laying off 175 workers, 19% of their staff."
Tuesday, March 10, 2009
Tuesday, March 3, 2009
Hit & Run > Putting the "Government" in Government Sponsored Entities - Reason Magazine
Hit & Run > Putting the "Government" in Government Sponsored Entities - Reason Magazine:
"Despite assurances that the takeover of Fannie Mae and Freddie Mac would be
temporary, the giant mortgage companies will most likely never fully return to
private hands, lawmakers and company executives are beginning to quietly
acknowledge."
Monday, March 2, 2009
LA Biz Observed: Read if you dare
LA Biz Observed: Read if you dare:
"This could easily be free-fall here,” says Brian Bartsch, trader at Cohen
Capital. “There’s nothing good with this."
LA Biz Observed: Monday morning headlines
LA Biz Observed: Monday morning headlines:
"The blue chip index hasn’t been this low since 1997. Is anyone really surprised?
AIG's massive loss: Call it history of the disquieting kind: AIG lost $61.7 billion in the fourth quarter, an all-time record."
Thursday, February 26, 2009
Monday, February 23, 2009
LA Biz Observed: Dow down to 7114
LA Biz Observed: Dow down to 7114:
"the bottom won't be 7000-7500, but some level even lower. Maybe a lot lower. The Dow lost 250 points on Monday, closing at its lowest level since May 7, 1997. But that's not the worst of it. Nor is it that no one has the first clue about when the bottom might be reached."
What Drove Ritz Camera To Bankruptcy?
What Drove Ritz Camera To Bankruptcy?:
"Ritz Camera’s bankruptcy filing comes as creditors seek money from the chain, published reports indicate. As much as $65 million is documented as being owed."
Friday, February 20, 2009
Perez Hilton: R.I.P.
Perez Hilton: R.I.P.:
"Disney has announced that it is planning layoffs at its theme parks operation."
J.C. Penney reports 51 percent slide in 4Q profit - 2/20/09 - Los Angeles-Southern California-LA Breaking News, Weather, Traffic, Sports - abc7.com
abc7.com:
"J.C. Penney says fourth-quarter profit fell 51 percent as customers sharply cut spending on clothing and other more discretionary purchases as the recession deepened."
Wednesday, February 18, 2009
Perez Hilton: R.I.P.
Perez Hilton: R.I.P.:
"GM (General Motors) has just announced that they will be cutting a massive 47,000 jobs."
Goodyear cutting nearly 5,000 jobs after 4Q loss - 2/18/09 - Los Angeles-Southern California-LA Breaking News, Weather, Traffic, Sports - abc7.com
abc7.com:
Goodyear Tire & Rubber Co., the biggest U.S. tire maker, said Wednesday the global economic slowdown will force it to cut nearly 5,000 jobs this year after it posted a fourth-quarter loss and revenue sank 21 percent.
Tuesday, February 17, 2009
Toyota cuts production, workers - LA Daily News
Toyota cuts production, workers - LA Daily News:
"Toyota Motor Corp. said Thursday that it is reacting to the slump in U.S. auto sales by further cutting North American production, slashing compensation for executives in the region by up to 30 percent, and offering buyouts to about 18,000 workers."
Viacom's Q4 profits plummet 69 percent - LA Daily News
Viacom's Q4 profits plummet 69 percent - LA Daily News:
"Viacom, the big media company that is part of Sumner Redstone's empire, on Thursday reported a 69 percent drop in its fourth-quarter profit, even as revenue held steady."
Friday, February 13, 2009
Charter Cable
Charter Cable:
"Charter Cable has filed for Chapter 11 bankruptcy, but said operations will continue as normal."
Subscribe to:
Posts (Atom)