Thursday , March 28 2024
Breaking News

Business

Beverage company settles suit

Inland Empire Businesses Show Gains in November.001

Monster Beverages has agreed to settle a class-action lawsuit that was filed by shareholders six years ago. The suit alleged that Monster Beverage inflated its stock price through improper financial reporting, a charge that the Corona-based company still denies, according to a statement posted on the company’s website. In the …

Read More »

Weather hurts retail sales

Inland Empire News for April 2.003

Bad weather tamped down retail sales throughout much of the country during the week before Easter. Sales for the week that ended Saturday were up only 0.4 percent compared with the previous week, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. “Retailers …

Read More »

Fairplex to move horse racing

Horse Racing Coming to Inland Empire Soon.001

Horse racing at Fairplex in Pomona is no more. Starting this fall, the races normally held at the Los Angeles County Fair will be moved to the Los Alamitos Race Course, pending approval of the California Horse Racing Board, according to Fairplex officials. James Henwood, Fairplex’s chief executive officer, announced …

Read More »

Barstow looks to land major aluminum plant

Inland Empire Companies Changing Hands.001

Project would bring 2,000 badly-needed jobs to the High Desert region, which hasn’t been helped much by the state’s economic recovery. However, major obstacles remain before the project can be approved. Officials from Barstow and San Bernardino County are scheduled to travel to China today, where they will visit two …

Read More »

Fulfillment center planned for Redlands

Inland Empire Business Daily Construction News.003

A company that moves goods that are purchased online will open a fulfillment center in Redlands. Georgia-based Innotrac will open the facility early next month, according to a statement posted Tuesday on the company’s website. “We’re excited about the growth Innotrac is experiencing,” said Glenn Furneaux, Innotrac’s vice president of …

Read More »

City OK’s funds for memorial plaza

New Funding Hits Inland Empire.002

Norco has approved funding for a memorial plaza that will honor city residents who were killed in action. The George Ingalls Veterans Memorial Plaza will be built at the equestrian center that already bears Ingalls’ name, according to a report originally published in The Press-Enterprise. In a 5-0 vote Wednesday, …

Read More »