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CIT Group buying OneWest Bank in $3.4B deal 07/22/2014 09:40am • NEW YORK (AP) -- CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal.OneWest, a regional bank whose parent company is IMB Holdco LLC, runs 73 retail branches in southern California.IMB shareholders will receive $2 billion in cash and 31.3 million CIT Group shares th Witness: Sterling needs Clippers sale to pay debts 07/22/2014 08:00am • LINDA DEUTSCH AP Special Correspondent LOS ANGELES (AP) -- The chief financial officer of Donald Sterling's properties said Monday that the billionaire may be forced to sell a large portion of his real estate empire to cover $500 million in loans if he persists in refusing to sell the Los Angeles Cl Ask Andrew: Escalation Clause 07/21/2014 11:25am • This sponsored, biweekly Q&A column is written by Andrew Goodman, broker/owner of Goodman, Realtors. Based in Bethesda, Andrew serves clients in Maryland, D.C., and Northern Virginia. Please submit comments, questions, and opinions in the comments section or via email. Question: What First dog day care and dog spas... And now dog gyms? (Video) 07/21/2014 06:45am • Click here to see the video of dog gyms. The D.C. region's dogs want for little, between doggy spa days and organic, artisan dog food. Now, if they've had a few too many truffle mac-n-cheese treats, there's a place they can go to get in shape. Frolick Dogs, located in a warehouse building on Colv Ukraine crisis shows divisions in old Soviet bloc 07/21/2014 02:06am • VANESSA GERA Associated Press WARSAW, Poland (AP) -- Poland's foreign minister had sharp words on the downing of the Malaysia Airlines jumbo jet in Ukraine -- blaming the crash on Russia-backed "bandits." But throughout most of central and eastern Europe, leaders withheld judgment, expressing shock Portsmouth creates local black history museum 07/20/2014 07:59pm • NORFOLK, Va. (AP) -- Portsmouth has created a museum of local black history in a building that once was a Jim Crow era-library.Under a memorandum of agreement, the city will fund the Portsmouth Community Colored Library Museum's operation, maintenance and management. The city also will insure the 90 State mortgage program cuts rates in Western Md. 07/20/2014 07:49pm • HAGERSTOWN, Md. (AP) -- A state mortgage program is lowering its rates for two months in Western Maryland to entice homebuyers.The Herald-Mail of Hagerstown (http://bit.ly/1tmHShk ) reports the Maryland Mortgage Program will lower rates by a quarter percent for homes in Allegany, Frederick, Garre Agriculture chief visits water-starved families 07/18/2014 06:58pm • SAN FRANCISCO (AP) -- U.S. Agriculture Secretary Tom Vilsack visited drought-stricken homeowners on Friday in Central California, saying drought and climate change would require major investment to secure future water supplies.Vilsack also announced $9.7 million in new emergency drought aid to help US regulators close small bank in Georgia 07/18/2014 06:50pm • WASHINGTON (AP) -- Regulators have closed a small lender in Georgia, bringing U.S. bank failures this year to 13 after 24 closures in all of 2013.The Federal Deposit Insurance Corp. said Friday that it has taken over Eastside Commercial Bank, based in Conyers, Georgia.The bank, which operated two br Silver Line looks toward phase two 07/18/2014 05:57pm • WASHINGTON -- It took five years to build, but finally the Metro's Silver Line is expected to start rolling down the tracks. "Hopefully, people will come for the celebration as we kick off the Silver Line," says Virginia's Transportation Secretary Aubrey Layne. Service begins on Saturday, July NYC museum gets gift of Lichtenstein sketchbooks 07/18/2014 04:10pm • NEW YORK (AP) -- The estate of Roy Lichtenstein has donated 21 of the pop artist's sketchbooks and two of his early drawings to the Morgan Library & Museum.The New York City museum said Friday the works were a gift from Lichtenstein's wife, Dorothy.Lichtenstein died in 1997.The museum says the sketc China's clout on show with BRICS bank formation 07/18/2014 10:10am • KAY JOHNSON AP Business Writer MUMBAI, India (AP) -- A developing nation version of the World Bank was formally agreed this week two years after India proposed the idea to Brazil, Russia, China and South Africa. Yet even as the five governments hailed its formation, there were questions about whethe China, Russia leaders seek South American inroads 07/18/2014 12:07am • JOSHUA GOODMAN Associated Press BOGOTA, Colombia (AP) -- It's enough to make an aging U.S. Cold Warrior shudder.During overlapping visits to Latin America, the leaders of China and Russia have been welcomed with open arms by governments that are among the most hostile to Washington, including Cuba, APNewsBreak: Shipwreck's gold inventory released 07/17/2014 10:10pm • AMANDA LEE MYERS Associated Press CINCINNATI (AP) -- Deep-sea explorers recovered millions of dollars in gold and silver and a slew of personal items that are a virtual time capsule of the California Gold Rush, according to newly unsealed court documents obtained by The Associated Press that provide Puerto Rico power company's finances spark concern 07/17/2014 07:38pm • DANICA COTO Associated Press SAN JUAN, Puerto Rico (AP) -- U.S. investors on Thursday pressed Puerto Rico government officials about the financial health of the island's power company amid fears it might soon seek to restructure millions of dollars in debt.The questions came after a nearly two-hour
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