California's San Bernardino County says seizing troubled properties would allow those homeowners to refinance their loans. Critics say the plan, if implemented, will be bad for business and could dissuade banks from making future loans in the county.
The glut of lobsters is good news for consumers and food retailers, but lobster catchers are finding it hard to make a living. Prices are plummeting, and the lobstermen are staying away from their traps to save extra expenses.
The latest Chinese economic figures are due to be released Thursday night. Most analysts are predicting they'll show that the world's second largest economy is suffering its deepest slowdown since the global financial crisis.
A nonprofit that helps low-income families in Eugene, Ore., recycles mattresses to help bring in money. Its funding model is inspiring other nonprofits to start salvaging junk to support services for the poor.
Rickshaws — motorized three-wheeled buggies — are the cheapest and most convenient way to get around town in India. Amid fierce competition, drivers are looking to attract more passengers with everything from seat covers adorned with Bollywood stars and track lighting to tricked-out sound systems.
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