- Newsmaker: Enron at Brink of Bankruptcy, Dynegy Drops Merger - In less than a year, stock in Enron has plummeted from more than 80 dollars a share to a dollar twenty cents. Today Dynegy, another Texas energy firm, called off its merger, leaving Enron at the brink of bankruptcy. The Wall Street Journal's John Emshwiller has more on the reasons and repercussions of Enron's collapse.
- Reporter's Notebook: Historical Hotel Transformation in Question - After a decade of litigation and the withdrawal of a competing developer, a federal bankruptcy judge ordered a Wilshire District landmark to be sold to the LA School District. Board President Caprice Young voices cautious optimism about the challenge of opening a world class leaning center on the site of the historic Ambassador Hotel.