SINGAPORE (Reuters) – Oil edged up to $67 a barrel on Wednesday, recovering from the previous day’s losses as the dollar weakened against the euro and resource currencies like the Australian dollar.

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Oil up to $67 on dollar slip, China growth

The $8,000 federal tax credit for first-time home buyers is soon to expire, causing anxious house hunters to hustle and prompting a debate in Congress over extending a program that some say is central to the fragile real estate recovery. The rebate is…

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Real estate – Tax credit – Congress – Taxation – Tax

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First-time home buyer tax credit set to expire

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Toyota Launches Its Biggest Recall Ever

CEO Schultz on Starbucks’ Future

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Starbucks: Howard Schultz vs. Howard Schultz

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Business Exchange: Network Neutrality

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FCC Stirs Old Debate on Network Neutrality

One eastern Wisconsin sheriff’s deputy has resigned and another has been demoted after a video on Facebook showed them and others burning a dummy in a department uniform. The video taken last month shows the deputies burning a uniformed effigy propped against…

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Wisconsin – Facebook – Sheriff – United States – Law

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Effigy video on Facebook burns 2 Wis. deputies

U.S. home prices rose in July compared with June, the third monthly increase in a row, according to an authoritative housing report. Prices across 20 major metropolitan areas collectively rose 1.6 percent from June to July, following a 1.4 percent bump up the…

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United States – Real estate pricing – Metropolitan area – U.S – Shrubs

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U.S. home prices up for 3rd month, report finds

NEW YORK (Reuters) – CIT Group Inc is nearing a plan that likely would hand the commercial lender over to its bondholders, sources familiar with the matter said on Tuesday.

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CIT near plan to turn over co to bondholders: sources

An Orange County man has been convicted of attempted murder and mayhem in the unprovoked stabbings of two movie-goers during a screening of a horror film at a Fullerton theater. A Superior Court jury found Steven Walter Robinson Jr. guilty Tuesday in the…

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Superior Court – Orange County California – California – United States – Counties

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OC man convicted in theater slashing spree

A former employee of Moody’s Investors Service warned federal regulators in March about deficiencies in the credit rating agency’s monitoring of municipal bonds after being rebuffed by Moody’s executives, a document shows. Scott McCleskey, who was a senior…

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Moody – US Securities and Exchange Commission – Credit rating – Business – Municipal bond

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Ex-Moody’s employee warned SEC about muni issues

Toronto designated hitter Adam Lind has hit three homers against the Boston Red Sox. Lind homered in the first, fifth and seventh innings for the first three-homer game of his career. He is the first Blue Jay to hit three homers in a game since Frank Thomas…

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Adam Lind – Toronto Blue Jays – Boston Red Sox – Sports – Baseball

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Lind hits 3 HR vs. Boston

Architect Michelle Kaufmann, who closed her Oakland firm in May, citing the impact of the financial meltdown and the plunging housing market, has sold the building rights to several of her signature prefabricated, sustainable houses to Boston company Blu…

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Michelle Kaufmann – Business – Oakland California – Boston – Construction and Maintenance

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New home for Kaufmann’s prefab, green designs

Californians think the state economy stinks right now but see modest improvements on the horizon, according to a new survey that digs deeply into attitudes to find that residents have a love-hate relationship with the Golden State. The scientific survey of…

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Love-hate relationship – California – Race-Ethnic-Religious Relations – Hate – Hate Crimes

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State sentiment reflects a changed reality