News, entertainment, opinion, and whatever sparks interest in Burbank the Media City

Media City Groove

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Media City Groove

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economy

Saturday, October 9, 2010
By Fronnie Lewis Saturday, October 9, 2010
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News, Politics & Issues

Governor signs new budget with deep cuts for the needy Finally, following weeks no months of haggling, the state has a new budget. My relief  over the passage of the budget is tempered by Governor Arnold Schwarzenegger’s last minute act of cruelty and elitism. After a hard fought compromise in the legislature, the governor used his line veto to slash more than $960 million from […]
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Friday, July 16, 2010
By Fronnie Lewis Friday, July 16, 2010
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Photo Gallery: Warren Buffett meets with President Obama

A heavy discussion in the Oval Office of the White House on Wednesday, July 14, when Billionaire Investor, Warren Buffett, dropped by for a chat with President Barack Obama. Main topics: the struggling economy and jobs.   The Caucus blog on The New York Times website reported on the meeting and mentioned a funny incident with Buffett’s tie.  The President reportedly noticed Buffett’s […]
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Wednesday, June 30, 2010
By Fronnie Lewis Wednesday, June 30, 2010
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City Buzz

  Business is booming at one little shop in Burbank Photo: FLLewis/A Writer’s Groove — Customers waiting in line at Yogurtland in Downtown Burbank While many local businesses are struggling in this tough economy, Yogurtland is packing in the customers and making serious money!  “Business is very good.” Jamileth Mendoza, a shift leader, told me with a broad smile as she worked behind the counter last Saturday, […]
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Wednesday, February 24, 2010
By Fronnie Lewis Wednesday, February 24, 2010
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Good and bad news for Burbank

Burbank has not escaped the bumps and bruises of the brutal recession, but yesterday it got some good news from one of the top financial agencies. Standard and Poor’s upgraded Burbank’s credit rating to “AAA,” the highest grade possible.   S&P credited the Media City with a strong local economy, steady tax base, low debt, high reserve balance, and attractive location in […]
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Thursday, January 28, 2010
By Fronnie Lewis Thursday, January 28, 2010
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President Obama’s State of the Union Address:”We don’t quit”

White House photo: Pete Souza — President Obama delivers the State of the Union Address 01/27/10 More jobs and pumping up the weak economy were major themes in President Obama’s first State of the Union speech delivered before a joint session of Congress last night. And that’s the way it should be. The country, and especially the backbone of the our society […]
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Monday, December 28, 2009
By Fronnie Lewis Monday, December 28, 2009
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Biz Bytes: Holiday retail sales jolly & Warner Bros. chalks up another multi-billion dollar year

                                             New stats show holiday shoppers spent more this season than last Some Christmas cheer for retailers and good news for the economy today. Consumer spending during the period of November first through Christmas Eve rose 3.6 percent. That’s a heck of a lot better than what happened last year, when fears of economic disaster had shoppers holding tight to their […]
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Saturday, December 5, 2009
By Fronnie Lewis Saturday, December 5, 2009
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President Obama talks about those upbeat job figures, the economy, and where we go from here

Photo: Pete Souza/The White House 12/03/09 President Barack Obama gets it. The economic recovery will not really hit home for many until the sluggish job market is revitalized. Yesterday, the Labor Department reported the national unemployment rate took a surprising dip to 10 percent in November— the best it’s been since December of 2007. Companies laid off 11,000 workers last month, compared to 111,000 […]
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Tuesday, December 1, 2009
By Fronnie Lewis Tuesday, December 1, 2009
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News Bytes: Cyber Monday, Black Friday & $123.5 million in free money

 Cyber Monday Sales Up The keyboards were clicking and online shoppers were buying on Cyber Monday. Early data indicates sales were up 14 percent over last year. On the average 4.3 million consumers per minute reportedly visited shopping web sites yesterday. More on the cyber shopping bonanza here.   Black Friday Sales Tumble Big crowds turned out on Black Friday and over the Thanksgiving weekend, […]
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