Business

Recent changes to federal regulations regarding small business loans might be paying off in the Inland Empire. CDC Small Business Finance in San Diego approved $36.6 million worth of loans to small businesses in Riverside and San Bernardino counties during the first four months of this year, according to a …

Riverside Councilman and Congressional candidate Steve Adams conducts a listening tour of small businesses and learns what he already knew: businesses believe they’re over taxed and have to deal with too much regulation. Riverside City Councilman Steve Adams, candidate in the 41st U.S. Congressional district, toured 10 small businesses in …

A man who ran a wire fraud operation out of a Coachella Valley home has been sentenced to 51 months in prison. Steven Pitchersky 65, used a mortgage financing scheme to steal $5.3 million from Ally Financial Inc. in Detroit, according to a report published in The Press-Enterprise. Pitchersky pleaded …

The union that represents store workers in Southern California’s three largest supermarket chains has reached a contract agreement with those entities. An estimated 60,000 employees of Vons, Ralphs and Albertsons, all of them members of the United Food & Commercial Workers Union, are scheduled to vote Wednesday on the proposed …

The California Horse Racing Board has postponed its discussion on a proposal to move thoroughbred horse racing from Fairplex in Pomona to Los Alamitos Race Course. The board was expected to hear the proposal today when it met at Santa Anita Park in Arcadia and possibly take action, but the …

General Motors announced today that it will recall another 2.4 million vehicles in the United States for safety reasons. The automaker has now recalled approximately 13.6 million vehicles this year, according to an Associated Press report. The latest recalls include 1.3 million older-model crossovers with defective front seat belts, one …