SEATTLE- Macquarie Bank Group, one of Asia-Pacific's investment banks, with 4,500 staffers worldwide and a market capitalization of $3.6 billion, selects Seattle to launch its commercial real estate finance business in the United States.

DETROIT-Attorney General and would-be governor Jennifer M. Granholm proposes a technology corridor that would encourage new businesses and laboratories in automotive and homeland security, as well as loans for blighted communities.

RAMONA, CA -Private investors purchase the Ramona Twin Cinema, a landmark on the city's Main Street. On sale for almost two years, the investors pay former owner Gary Cook $300,000 for the property, about $129,000 less than the listed price.

FOLSOM, CA-A former assistant city manager and others have filed a lawsuit against the city of Folsom for making a settlement agreement to rezone the property for low-income residential without public review.