MARCOS GONZALEZ Vibra Bank President Scott Parker, co-founder David Bejarano and vice president Dan Schon at the entrance to the bank's vault in Chula Vista.

The only Latino bank in San Diego County officially opened its doors yesterday, and will offer a range of services in a bilingual and bicultural setting. Financed largely by Latinos, Vibra Bank aims to finance new businesses and offer Mexican-style service, with close relationships between bankers and their clients.

Hoping to stem the tide of home foreclosures, San Diego City Attorney Michael Aguirre yesterday sued the nation's largest lender, accusing it of fraudulent subprime lending and demanding that it stop taking back homes from delinquent borrowers.

The Arctic may contain as much as one-fifth of the world's yet-to-be-discovered oil and natural gas reserves, the U.S. Geological Survey said yesterday as it unveiled the largest-ever survey of petroleum resources north of the Arctic Circle.

LOS ANGELES – A proposal to build the nation's first commercial ethanol production plant using yard trimmings, paper, wheat straws and other green wastes was approved yesterday by Los Angeles County officials.

With millions of people snapping up the iPhone, AT&T, the exclusive carrier for the popular device, should be quite pleased with the stream of revenue it can expect from customers.