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California Street Has Costliest Office Rentals: Report

Forget Park Avenue or Fifth Avenue. Sand Hill Road in Menlo Park, California, is the most expensive street in North America for office renters, according to a report released by real estate services firm Jones Lang LaSalle Inc on Wednesday.
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US Offers Loan Aid to Put Solar on Military Bases

The U.S. Department of Energy said it has offered $344 million in loan aid for a solar power program at military bases that could double the number of the country's residential rooftop solar arrays.
AT&T T-Mobile Deal

AT&T, T-Mobile Merger to go to Court on Sept. 21

In an order signed on Monday, Judge Ellen S. Huvelle of the United States District Court in Washington, has asked the Justice Department, AT&T and Deutsche Telekom, the parent company of T-Mobile USA, to file the joint plan by the due date and has ordered that the parties shall be prepared to discuss the prospects for settlement at a Sept. 21 status conference, according to reports.
The Standard and Poor's building is seen in New York

S&P Met with Bond Investors before U.S. Downgrade: Report

Ratings agency Standard & Poor's officials privately met with large bond investors weeks before the firm's U.S. debt downgrade, leaving some believing the chance of a rating downgrade was higher than they had previously thought, the Wall Street Journal said.
Groupon founder and CEO Mason

Groupon's Daily Deal: Not as Great Today as It Was Yesterday

News that daily social network coupon company Groupon has reportedly canceled a roadshow scheduled for next week in advance of a planned IPO and is reevaluating plans to take the company's stock public is not that big of a surprise. After all, CEO Andrew Mason has been hailed for being a young genius but sooner or later one had to figure inexperience might catch up with him and the company.
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The Changing U.S. Refining Patch

A brush fire ignited by a fatal small-plane crash in Southern California has destroyed 12 homes and forced the evacuation of hundreds of others, leaving over 13,000 acres charred on Tuesday as it flared out of control for a third day.
Dunkin' Brands

Dunkin' IPO Underwriter Gives 'Sell' Rating

Investors as well as donut and coffee fans might remember last month when Dunkin Donuts' IPO was the hottest thing on Wall Street. The stock had gained 42 percent since Dunkin' Brands Group Inc.'s initial public offering in July. But now one of the banks that managed the IPO has issued a "sell" rating on the company which operates Dunkin' Donuts and Baskin-Robbins stores.
People walk inside an Apple retail store in Shanghai

Apple Opening First Hong Kong Store in September: Just Ahead of iPhone 5 Launch?

Apple will launch its first store in Hong Kong as the company seeks growth in Asia and nears release of its highly-anticipated iPhone 5.Apple's iPhone, first launched in 2007, is the world's bestselling smartphone -- owned by more than 110 global consumers and growing fast every day. The company is nearing the launch of its latest version, the iPhone 5
A Honda sign is displayed outside SanTan Honda Superstore in Chandler, Arizona

Honda Recalls 962,000 Cars Worldwide

Honda Motor Co. is recalling 962,000 Fit, CR-V Crossover and Fit Aria vehicles worldwide because of defects in power windows and computer systems.
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Girlfriend Charged With Stabbing and Killing Basketball Player

A student and basketball player of Florida A&M University (FAMU) in Tallahassee was stabbed to death early Sunday morning, after a domestic dispute with girlfriend turned violent. Shannon Washington, 20, was found bleeding heavily from stab wounds on her neck and back when the police arrived at 2 a.m. at her apartment in Tallahassee. She later died at a hospital.
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Settlement Offer Reported over Banks' Mortgage Policies

State prosecutors accusing major U.S. banks of improper mortgage practices have offered them a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported Tuesday.

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