California unemployment rate drops to 7.4 percent

(AP) — California's unemployment rate continues to fall, reaching 7.4 percent in June.

EBay 2Q profit climbs 5.6 percent

(AP) — EBay Inc. (EBAY) on Wednesday reported earnings that rose by 5.6 percent in its second quarter, and topped analysts' expectations.

Apple, IBM team up in mobile devices, applications

(AP) — Apple is teaming up with former nemesis IBM in an attempt to sell more iPhones and iPads to corporate customers and government agencies.

California couple warned for having brown lawn

(AP) — A Southern California couple who scaled back watering due to drought received a letter from the city of Glendora warning that they could face fines if they don't get their brown lawn green again.

Facebook tests 'Buy' button

(AP) — Facebook is testing a "Buy" button in its latest effort to help businesses drive sales through the world's biggest online social network.

California foreclosure starts fall to 8-year low

(AP) — A research firm says California home foreclosure starts slid to the lowest level in more than eight years during the second quarter, thanks to higher home values.

California hearing addresses oil refinery rules 

(AP) — Residents of modest neighborhoods near three of the largest oil refineries in California called on the Environmental Protection Agency on Wednesday to crack down on plant emissions, saying the pollution is choking their children and endangering their health.

Apple may pay $400M in digital book settlement

(AP) — Apple will pay up to $400 million to compensate consumers ensnared in a plot to raise the prices of digital books unless the company overturns a court decision attesting to its pivotal role in the collusion.

Attorney: Prostitute had no reason to kill exec 

(AP) — A high-priced prostitute accused of giving a Google executive a fatal dose of heroin aboard his yacht had no reason to kill the man given how much money she was getting from him, a defense attorney said Wednesday.

Pets' amenities rising trend for homebuilders 

This May 13, 2014 photo provided by A.G. Photography shows a Standard Pacific Home's interior view of a dog-friendly home. Standard Pacific Homes is building and selling 27 new home communities from Florida to California and billing them as the first to offer pet paradise as an option in every one. (AP) — These homes are set apart by their amenities — for dogs.