Which Way, L.A.?
Local Workers and Business Respond to Recession
The Dow Jones Industrial Average closed above the 10,000 mark today, and the Nasdaq composite index ended up over 2000 for the first time since before September 11. But that doesn't alter the reality of more economic pain before the recession is over. Which industries are most likely to suffer from layoffs? Will LA continue to be the bankruptcy capital of the nation? We get the latest forecasts for Los Angeles and California from Jack Kyser of the LA Economic Development Corp, Daniel Flaming of the nonprofit research group Economic Roundtable, and bankruptcy expert Martin Zohn of Proskauer Rose. Newsmaker: NASA Mission Lifts Off After Week of Delays - As the sun sank below the Florida horizon, the crew of the Endeavour lifted off the launch pad at Kennedy Space Center after a week of delays. The Miami Herald's Phil Long, who attended the flawless launch, has more on the shuttle's patriotic payload and planned activities for the NASA mission.
By Warren Olney • • 1 min readThe Dow Jones Industrial Average closed above the 10,000 mark today, and the Nasdaq composite index ended up over 2000 for the first time since before September 11. But that doesn't alter the reality of more economic pain before the recession is over. Which industries are most likely to suffer from layoffs? Will LA continue to be the bankruptcy capital of the nation? We get the latest forecasts for Los Angeles and California from Jack Kyser of the LA Economic Development Corp, Daniel Flaming of the nonprofit research group Economic Roundtable, and bankruptcy expert Martin Zohn of Proskauer Rose.
NASA Mission Lifts Off After Week of Delays - As the sun sank below the Florida horizon, the crew of the Endeavour lifted off the launch pad at Kennedy Space Center after a week of delays.
The Miami Herald's Phil Long, who attended the flawless launch, has more on the shuttle's patriotic payload and planned activities for the NASA mission.
