Business

The Boeing Company has signed a three-year agreement to rent space at the Southern California Logistics Airport in Victorville. The Chicago-based aerospace company has signed a $1.8 million lease with the airport that covers 90,000 square feet of hangar space and 10,000 square feet of office space, according to a …

Target has reportedly dropped plans to build a super store in Victorville. The Minneapolis-based retailer pulled out of the project about one month ago without explaining why, according to a report first published in the Victorville Daily Press. Victorville officials have taken no action on the project, which was planned …

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 …

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 …

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 …

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 …