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Santa Monica Pier is launching a new Pier Prize Card September 28 - November 8, offering guests an opportunity to win prizes for making purchases at participating Pier businesses. For every separate purchase over $10, guests will receive a Pier Prize Card stamp; collect all three stamps and enter to win the weekly raffle. Winners are chosen every Friday with prizes including Santa Monica hotel stays, restaurant gift cards, exclusive merchandise and much more. Pier Prize Cards...
With Social Security's finances in the spotlight these days, especially since COVID-19 devastated the U.S. economy, there is no shortage of ideas for how to reform the Social Security System (SS) to restore it to financial solvency. Some proposals have originated in Congress (Social Security 2100 Act) and others have been floated by various "think tanks." In the latter case, some independent "outside-the-box" proposals advocate entirely scrapping the existing Social Security...
1/10/21: Bitcoin sank to a low of $32,500 per bitcoin, in a sudden 20% overnight decline. The world's first crypto-currency (symbol BTC), could fall all the way back to 23,000 which is where it started this week's rally. The crypto-currency may have risen as the US seemed in a near insurrection on January 6th. Bloomberg news reports that just 40 billionaire bitcoin holders, own 95% of the crypto-currency bitcoin. This could limit the damage on the downside, and may present a...
Finiteness- There are only 21 million coins that are assigned to be mined. Satoshi Nakamoto, the founder of Bitcoin declared that only 21 million coins would ever be mined. This drives up the value of the existing coins and makes the unmined ones ever so priceless. Scarcity- We live in a fear-based world and increasingly in the Technology and Finance space, a lot of decisions are made based on fear or FOMO (the Fear of Missing out) in particular. This is human psyche at its...
He was once lauded as the Chinese equivalent of Amazon founder Jeff Bezos. From a humble background as a school teacher, Jack Ma founded Alibaba.COM, the largest online retailer in the world's most populous country. But now he has not been seen for 4 weeks, since Chinese authorities asked to "question" him. Ma is a strong proponent of an open and market-driven economy. This may have brought him into conflict with Chinese President Xi Jinping, a man who came to power promising...
I want to first give you a quick update. It seems that I spoke too soon about the man in my life. Dom. He was not my long-awaited love after all. No matter. I'll be free soon! All that glitters is not gold. Yes, I was saddened and disappointed. I've simply erased his pictures and I'm movimg. After all the pain I've overcome, nothing will stop Amber. The best is yet to come. So, there's quarantine, then there's quarantine (lockdown). This is the latter. The head of the...
RagingBull, a stock advisory service with an email subscription service, has announced that it is ceasing operations for thirty days. The FTC claims that trading services like RagingBull unfairly swing particular stocks, by getting enough retail traders to buy into stock options, that they can actually move the stock price in favor of the retail investors. The money comes from hedgefunds and their managers. It should be said, though, that hedgefund managers often manage money...
December 3, 2020, Los Angeles, CA – The California Supreme Court refused to review Amazon's appeal of an appellate court ruling holding Amazon liable for injuries caused by third-party products sold on its website. The high court also denied Amazon's request to have the case depublished. "This means the opinion will remain the only published appellate decision in the country holding Amazon strictly liable for a product sold on its marketplace," said attorney Jeremy R...
The Independent Hospitality Coalition is extremely disappointed that the County of Los Angeles would take such drastic actions without consultation with members of the hospitality industry. Once again, despite any scientific proof that community spread of COVID-19 has increased due to socially-distant outdoor dining, the County of Los Angeles has determined to stop all outdoor dining. Instead of focusing on the facts, the Department of Public Health has looked for any easy...
November 18, 2020, Los Angeles, CA - Amazon has added another goal in slugging its way to retail dominance; Amazon launched its own online pharmacy to deliver prescription drugs. Amazon, already laced with fraud and scams, and having fumbled its counterfeit enforcement practices for retail goods, is adding a pharmacy counter to its virtual store. Amazon acquired startup PillPack in 2018 that presorted medicines and shipped them to customers' homes in 49 states. The...
Los Angeles County District Attorney Jackie Lacey announced today that Apple Inc. will pay $24.6 million to settle a California lawsuit alleging the company failed to disclose that iPhone software it instructed consumers to download slowed down the performance in older iPhones. The California settlement is part of a larger $113 million settlement negotiated with a total of 34 states resolving allegations that the company made misrepresentations about iPhone batteries and softw...
November 13, 2020, Los Angeles, CA – The European Union formally charged Amazon with antitrust violations for abusing its dominance in online shopping and using non-public data gathered from sellers to make informed decisions on its own products. A second probe focuses on whether Amazon favors its own retail offers or those of marketplace sellers who use its logistics and delivery services. The criteria Amazon uses to select products featured in its prominent "Buy Box" are a...
Election Day is past and so is the excuse for social media platforms to censor content based on the fear of "election interference." But Twitter censors on. Today, Matt Walsh of the Daily Wire tweeted out a concern regarding a bizarre vote update by the State of Michigan. The tally showed Biden securing 100 percent of a packet of 128,000 votes. Walsh tweeted, "This is reason enough to go to court. No honest person can look at this and say it's normal and unconcerning." After...
Editor's note: It's been a while since we've seen a 2 bedroom Santa Monica condominium listings under a million dollars. So we decided to post this press release from Coldwell banker largely unedited. Are Covid19 and the lockdown lowering the prices in Santa Monica? You tell us. Oct. 21, 2020 - Gary Limjap, a Coldwell Banker Global Luxury Property Specialist affiliated with the Santa Monica Montana office of Coldwell Banker Realty, has listed a townhome for $999,000. Located...
A new proposal for a redesigned Miramar Sheraton hotel has been discussed by the Planning Commission. The commission will vote on the 600,000 square foot proposal next month. The project includes 100,000 square feet at ground level, about 52% lot coverage. 312 guest rooms will be above about 20,000 square feet of retail, 2/3rds restaurants. "When complete, the Miramar will be a new landmark and a spectacular addition to Downtown Santa Monica. It features the preservation of tw...
Covid-19 will be the death of many retail businesses, many but not all of them non-chain restaurants. For the last half century, Enterprise Fish Company has sold salmon, lobbed lobster and hailed halibut in a brick seafood themed store just off of Main Street. Now, that business has closed. Fisher Hardware is also closed in its Lincoln and Colorado location. No doubt the land will go for high density housing, because who doesn't want to live at Lincoln and Colorado? Bourget...
The hardest working Mom in the business who tirelessly gives to charities is recognized for her labors and delicious treats! Celebrity favorite Dessert Company, Sweets Party Treats has been enjoyed at many A List Hollywood events and has many celebrity fans! CEO and founder Rachele Sweetser was recently awarded at A Taste Of Orange. The Taste of Orange, is the largest fundraiser of the Orange Blossoms team representing the Orange Auxilliary. The Orange Blossoms volunteers...
Los Angeles, Calif. – August 5, 2020 – Today, LAMO Footwear announced its Lamolite® 30-Day Comfort Guarantee policy for customers purchasing styles online at lamofootwear.com and retail locations nationwide. The new guarantee allows customers 30 days to fall in love with their LAMOs, or return them with no questions asked. The Lamolite® Comfort Guarantee will begin this month on two new styles and will soon be available across LAMO's entire Baja Collection that wil...
Ángela Martínez Gómez died on Monday, July 6, 2020. No cause of death has yet been released. Gomez, 42, worked at local fast food purveyor Burger King on Santa Monica Blvd. Her last shift was on June 29th. Yolanda Garcia told the Daily Mail that she is now the third worker to develop symptoms of COVID-19, but claims Burger King is yet to contact any employees about quarantining or getting tested after managers allegedly said Angela had died from injecting herself with hormones...
In a marriage between 2 delivery and transportation rivals, Postmates announced today that a deal had been reached for Uber to acquire the food delivery service. This in an email sent to Postmates 2,000,000 US drivers. The deal is subject to the approval of regulators. The pricetag was said to be $2.65 billion. Postmates and DoorDash had reportedly discussed a merger earlier this year to fend off Uber, GrubHub, Amazon, according to Recode.com. The text of the email is as follo...
Apple has once again closed the Apple Store on the Third Street Promenade, among other stores. The iPhone purveyor Thursday closed US stores in states where COVID-19 cases numbers are rising amid a resurgence of the coronavirus. Apple closed 77 stores across 11 different states on July 2, as those regions report record cases of the virus. Of the states, California will see the most closures, with Apple shuttering 15 stores. Stores closed include the Glendale Galleria, Third...
Update, 6/30/20: Tuesday morning, Payoneer sent the following email: ... "the FCA has completed its audit and lifted the freeze on your Payoneer Prepaid Mastercard® card. We know that this period has been difficult for you. We appreciate your patience and support while we worked to get the situation resolved swiftly." Payoneer corporation has announced that its accounts which rely on Wirecard visa cards, are effectively frozen. The cards were frozen, says Payoneer, when the...
What will happen to the Massive White Elephant buildings nearing completion on Lincoln Blvd? Will young people earning $3000 a week at Google, Snapchat and Facebook line up to lease expensive NYC style high density apartments with freeway views? It's an open question what will happen to rents locally. One view is that it's even more important now to live in a nice place, since you're going to be there all day. An opposing view is now more than ever, it's okay to live anywhere...
For just $3100 a month, you can be the lord and master (or goddess and mistress, as the case may be), of 670 square feet in 90402. To be fair, folks all over the world pay a premium to be close to the ocean. San Vicente View Apartments occupy the very Northwest corner of Santa Monica. This is a choice property in one of the priciest zip codes in the entire US. Fun fact: Up until 1961, railroad tracks ran down San Vicente's center divider. SVV Apartments is located right where...
National: Garden Fresh one of the nation's largest restaurant chains operating as Souplantation and Fresh Tomato is liquidating all assets under a Chapter 7 Bankruptcy. The chain, which employed thousands, was a popular place to dine with self-service food bars, was not able to survive the impact of the COVID-19 pandemic and permanently closed all 97 restaurants and 3 distribution centers nationwide in early May. It is to-date the largest restaurant bankruptcy and liquidation...