Business

May was a routine month at the Port of Los Angeles. Traffic was up only .8 percent compared with May 2014, as workers handled the equivalent of nearly 695,000 20-foot containers, the port industry’s standard measuring stick, according to data released Monday. That minor increase was due mostly to an …

Target has agreed to sell its pharmacy and clinic business to CVS Health. The country’s second-largest drug store chain will pay nearly $2 billion for both of Target’s in-store health operations, according to a statement released Monday by both companies. CVS Health is purchasing more than 1,660 pharmacies and an …

The mega-industrial project in Moreno Valley finally gets to the planning commission and it’s clear the project has strong support. Even the city’s planning staff believes it’s a good idea. Large industrial projects that have the potential to disrupt a community usually engender opposition, not support, from the public. Residents …

ALDI, the discount grocery store chain, will open an estimated 45 stores in Southern California starting in March of next year. The chain, which is developing a regional headquarters and 800,400-square-foot warehouse-distribution center in Moreno Valley, announced its expansion plans in a statement released Friday. The stores will be the …

After three years of often heated debate and discussion, a proposed mega-industrial project in Moreno Valley has reached its first public hearing. The city’s s planning commission heard five hours of testimony Thursday on the World Logistics Center, a warehouse-distribution facility that would cover 40.6 million square feet at buildout. …

Stater Bros. Charities will ship 1,000 care packages to local members of the armed forces who are serving overseas. Nearly 200 Stater Bros.’ employers will gather Saturday in the east parking lot at the company’s corporate headquarters in San Bernardino to assemble and address the packages, according to a company …