A Cleveland Cavaliers fan wearing a Lebron James jersey watches news coverage of LeBron James return to Cleveland at Panini's Bar and Grille in downtown Cleveland on July 11, 2014.
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Business Latest: Can LeBron save Cleveland?

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CAN LEBRON SAVE CLEVELAND?: Long cast as a symbol of Rust Belt decay, Cleveland suddenly finds itself on a major hot streak.  On Friday, LeBron James, one of the NBA’s biggest powerhouses, announced he’s returning to his home of Cleveland to join the Cavaliers. James will join standout QB Johnny Manziel, who was recently drafted by the Browns. The power couple will look to become profitable partners for Cleveland fans, firms and franchises. Cleveland needs all the help it can get. Read more

NOT JUST GOP IRE FOR THE IRS: Even before conservatives took the IRS to court, trying to get former official Lois Lerner’s missing emails, onetime Obama transition team member Carl Malamud was waging his own legal battle against the agency. Although the suits are dissimilar in content, they have become intertwined – as things tend to be. There are Republicans and Democrats, red states and blue states: but anger with the IRS seems to unite all. Read more 

LOOK WHO IS GETTING SHUT OUT OF THE STUDENT LOAN GAME: Think student loan debt is a burden? Try being a community college student in financial need. A new study by The Institute for College Access and Success finds that almost one million community college students cannot obtain federal student loans because their schools do not offer them. That leaves students in need forced to work more or take fewer classes, both of which make it harder to graduate, or take out costly private loans. This practice disproportionately affects minority students, since community college students account for 56 percent of Hispanic college students and 48 percent of African-American undergrads. Read more 

STOCKS MIXED, WITH NASDAQ HIT BY VALUATION WORRY: Read more

Cleveland, IRS, LeBron James and Sports

Business Latest: Can LeBron save Cleveland?

Updated