Bear Lake resort gets tentative go-ahead

BYU entrepreneurship professor gets $5,000 grant to study family businesses -- Brigham Young University entrepreneurship professor W. Gibb Dyer received a $5,000 grant from the Family-Owned Business Institute to study how family-owned businesses affect relationships. The study also received a $5,000 grant from BYU's Marriott School.

Jim Wasserman

SACRAMENTO, Calif. -- California Attorney General Jerry Brown filed a lawsuit Wednesday against the nation's largest home loan lender, charging Calabassas, Calif.-based Countrywide Financial Corp. with deceptively pushing homeowners into risky, mass-produced loans that have caused thousands of residents across the state to lose their homes.

WASHINGTON -- With inflation moving higher on its worry list, the Federal Reserve held interest rates steady Wednesday, ending nearly a year of cuts to bolster the economy, and hinted that the next direction for rates could be up.

WASHINGTON -- Sales of new homes tumbled for the sixth time in seven months in May while median prices kept plunging, underscoring the depth of the nation's housing woes.

WASHINGTON -- World energy demand will grow 50 percent over the next two decades, oil prices could rise to $186 a barrel and coal will remain the biggest source of electricity despite its effect on global warming, government experts predict.

Springville painting franchise firm adds new board director -- Five Star Painting Inc., a Springville-based painting franchise operator, named Craig Donaldson as a member of its Board of Directors. Donaldson is the president of Chem-Dry, a carpet and upholstery cleaning services unit of Home Depot.

Dave Carpenter

CHICAGO -- Sam Glenn followed some wise counsel when he found himself in a bad job situation -- his mother told him, first, don't quit. And second, to have a frank chat with his boss at the small computer communications firm where he worked.