Welcome to LA's  Breaking Local  News & Housing Information

********************LATE BREAKING NEWS ********************
 
Duchovny drops U.K. newspaper lawsuit
11/22/2008 1:04 PM

Nikka Costa performs. Also: holiday-travel bargains; healthy Thanksgiving dishes; inexpensive wines for the holiday.

 
4 Injured, 1 Critically In Scaffolding Collapse
11/22/2008 8:42 AM

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President Bush declares major disaster for Southern California wildfires
11/22/2008 4:35 AM

Help for the Southern California wildfire areas is on the way from Washington, D.C. President Bush has issued a major disaster declaration for Los Angeles, Orange, <......

 
$110M deficit: LA mayor calls for budget cuts
11/22/2008 12:20 AM

Anticipating a $110 million deficit, Los Angeles Mayor Antonio Villaraigosa asked city departments Friday to submit reduced budgets for the second half of the fiscal year.

 
Man charged with hitting 'Stargate' actor Jason Momoa with beer glass
11/21/2008 8:10 PM

Authorities have charged a man with assault for allegedly striking "Stargate Atlantis" actor Jason Momoa in the face with a beer glass, causing wounds that required 140 stitches.

 
Bruce Willis sues a Malaysian company for $900,000
11/21/2008 3:54 PM

LOS ANGELES, Nov 21 - Hollywood actor Bruce Willis of "Die Hard" fame is suing Malaysia's Petra Group and Tunku Imran Tuanku Ja'afar over a "green rubber venture", Bloomberg news reported today.

 
Cluelessness on rape kits inexcusable
11/21/2008 11:46 AM

There are times when the issues facing local authorities are so serious, the implications so severe, that we need full accountability and transparency in government.

 
"One thing we've learned is that apocalyptic stories don't work very well," said Frumkin.
11/21/2008 7:37 AM

Nov 19, 2008 5:00 am US/Pacific Hollywood Ponders Global Warming LOS ANGELES Hollywood insiders and climate change experts agree that they can't shove messages about global warming down audiences' throats.

 
Sylmar fire close to being contained
11/21/2008 3:27 AM

Firefighters today moved closer to containing the wind- driven brush fire that has scorched 11,245 acres, including a Sylmar mobile home park where hundreds of residents lost their homes.

 
Michelle Malkin On The Gay Marriage Thugs
11/20/2008 11:22 PM

"BEFORE Election Day, national media hand wringers forged a wildly popular narrative: The right was, in the words of New York Times columnist Paul Krugman, gripped by "insane rage." Outbreaks of incivility were ...



********************LATE BREAKING NEWS ********************
 
Treasurys Gain, and Bonds Feel Pain
11/21/2008 8:34 AM
Credit markets were at crisis levels, as investors flocked to Treasurys while dumping bonds tied to commercial real estate and corporate debt......
 
Only a Buyer Knows a Home's Value
11/21/2008 1:31 PM
The one point of widespread agreement in the real-estate industry: there is no single accurate index of home prices......
 
Shocks in Commercial Mortgage Trigger Selloff in REIT Stocks
11/21/2008 9:08 AM
These days, everything has a knock-on effect. Earlier in the week, an analyst report on the potential default of a couple of commercial-mortgage deals caused a big hit to the corresponding credit market. That, in turn, has caused a selloff in the stocks of REITs......
 
Fannie, Freddie Halt Foreclosures
11/21/2008 8:37 AM
Fannie and Freddie suspend foreclosure sales and evictions on certain properties until January as it prepares for its loan-modification program. (Statements......
 
Global Crisis Douses Hawaii Tourism
11/19/2008 6:09 PM
High fuel prices, the bankruptcy filings of Aloha and ATA, and the nationwide slump in consumer confidence have slammed Hawaii's tourism industry......


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