| Jul 23, 2012
| 4:40 PM
Europe’s long-running debt crisis flared sharply as Spain’s borrowing rates jumped to another record high and worries grew over Greece’s ability to keep on qualifying for the emergency loans it desperately needs to stay afloat....
| Jun 10, 2011
| 4:50 PM
In this economic environment, if a business with a $718,215 operating deficit and no reserves asked a bank for a $2-million bailout package, the response would be a predictable one: “no.”
But in the world of Burbank municipal business, the...
| Jul 8, 2011
| 4:48 PM
Thirty-nine thousand, two-hundred eighteen dollars later, Burbank citizens finally get to see which city employees received bonuses (“Bonus payout tally $4 million,” July 3). That’s how much the city must pay in court costs after a judge...
| Jul 15, 2011
| 4:26 PM
After approving a $2-million bailout package for the flailing DeBell Golf Club that was “too big to fail,” the City Council this week handed down more of the same, this time cloaked as reform, by appointing an oversight committee saddled...
| Feb 10, 2011
| 8:35 PM
There's hope if you're having trouble paying your mortgage. Two billion dollars in federal funds is now available to homeowners in trouble.
The programs are aimed at low and moderate income homeowners, especially those who are out of work. Of course...
| Dec 9, 2011
| 6:15 PM
The U.S. Postal Service announced Monday they plan on closing 250 or more mail processing centers and slow first class mail service next spring virtually eliminating next day letter delivery. Unfortunately, this will eliminate nearly 30,000 jobs...
| Dec 12, 2011
| 9:07 AM
LONG BEACH (KTLA) -- Two weeks after their central command post at City Hall was dismantled by police, Occupy L.A. protesters are setting their sights on a new mission -- shutting down the Port of Los Angeles.
They are trying to restrict access to the...
| Feb 12, 2012
| 3:49 PM
Lawmakers in Greece voted early Monday to approve another round of austerity measures, sought in return for a new eurozone bailout of the debt-stricken country.
As lawmakers debated, police turned tear gas and stun grenades on protesters outside Greece's...
| Jul 22, 2011
| 2:52 PM
In an effort to make oversight of the troubled DeBell Golf Club as transparent as possible, the City Council will schedule a special study session to discuss recently enacted reform measures.
Councilman Dave Golonski on Tuesday lobbied for the meeting,...
| Jul 26, 2011
| 2:07 PM
Without a compromise on the debt ceiling, the President is warning of dire consequences. So what happens if the debt ceiling isn't raised? How would that affect you and me?
"We would risk sparking a deep economic crisis," President Obama told a...
| Jul 26, 2011
| 6:19 PM
With the speeches over, Jess Talamantes was free to roam the crowd of thousands filling Olive Avenue. He’d already danced with Mickey and Minnie on the steps of City Hall, bantered with a band and weatherman Fritz Coleman, and now he was free for...
| Jul 29, 2011
| 3:02 PM
A division of the nonprofit National Golf Foundation is on tap to assist Burbank officials as they work to turn the struggling DeBell Golf Club around.
The golf subcommittee, which was formed to review the financials of the city-owned DeBell course...