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LOS ANGELES - Mediation has begun between Jamie and Frank McCourt in their divorce trial that could determine future ownership of the Los Angeles Dodgers.

LOS ANGELES - Attorneys in the divorce trial of Jamie and Frank McCourt will now focus on negotiating a possible settlement starting Friday after nine days of sometimes contentious testimony that could determine future ownership of the Los Angeles Dodgers.

LOS ANGELES - Frank McCourt, who is battling his estranged wife for ownership of the Los Angeles Dodgers, testified Friday that he took out a $60 million loan on land around the team stadium to help her pay off debt on her palatial homes.

WASHINGTON - Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to private investors.

LOS ANGELES - Frank McCourt testified Tuesday in his divorce trial that a now-contested postnuptial agreement was his wife's idea to protect her assets from his creditors.
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