Business

AT&T’s proposed purchase of Time Warner Inc. for $85.4 billion isn’t likely to have much of an impact on the Inland Empire if it’s ultimately approved by federal regulators, one of the region’s preeminent economists said Monday. Mergers of any companies, especially two of such size and scope, usually lead …

Gene Valdez left Citizens Business Bank so he could start a consulting business for business executives. So far, the move is paying off.  In May, Gene Valdez left Citizens Business Bank to start a new career: running a consulting business aimed at high-level business executives. It was a risky move. Not …

Stater Bros. will open its ninth store in Riverside, the company has announced. The facility will be located in a former Ralphs Supermarket at 315 E. Alessandro Blvd. in Mission Grove Plaza, according to a statement released Monday. The building, which covers 46,000 square feet, will undergo an extensive remodeling …

The Riverside City Council on Tuesday voted in favor of a planned 15,000-square-foot project that will bring a variety of dining and grocery options to the city’s downtown. In a 6-0 vote, the council gave its approval to the “Mess Hall on Market Street,” according to the city clerk’s office. …

Moreno Valley will help amazon.com with its local holiday retail hiring this year. Anyone interested in working with the online retail giant during the upcoming Christmas season may apply at amazon.com/iejobs, said Mike Lee, the city’s economic development director. All applications will be reviewed, and anyone qualified will be asked …

SANBAG wants to build a pair of toll lanes from the Los Angeles County line to Redlands, then follow it up with an identical project on Interstate 15 that would reach the High Desert. Not everyone believes those are good ideas.  There’s a political battle brewing regarding a proposed pair …