Wednesday , May 28 2025

Tag Archives: business

PSP a major economic player in Coachella Valley, report finds

Palm Springs International Airport

Palm Springs International Airport pumped $2.5 billion into the Coachella Valley economy and accounted for 18,777 jobs during fiscal year 2024, according to a recent study. The Coachella Valley’s largest airport also generated $864 million in wages paid, $1.5 billion in gross domestic product and $382 million in tax revenue, …

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Morongo tribe makes donations

Morongo tribe donates $6.5 million to hospital

The Morongo Band of Mission Indians has donated nearly $400,000 to 80 nonprofit organizations throughout the Inland Empire. The donations – $5,000 to each entity – were announced during the recent Morongo Community Outreach Awards Luncheon, according to a statement on the tribe’s website. Collectively, the groups provide multiple services …

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ONT has 50th straight month of passenger growth

ONT nearly back to pre-pandemic passenger levels

Ontario International Airport accommodated 575,623 passengers in April, a 0.4 percent year-over-year increase, according to a report. That marks the 50th consecutive month the airport’s passenger count has grown, a streak that began in March 2021, the Ontario International Airport Authority reported May 22. Domestic passengers – 539,067 – were …

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Artificial Intelligence making its way into local economy

Artificial Intelligence making its way into local economy

Artificial Intelligence (AI) burst onto the business scene in 2023 in a big way, with many predicting it would replace many industries. Naysayers derided the claims of computer superiority in many fields. The legal profession was one industry at the center of an early major AI gaffe. According to news …

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Starbucks sells for $2.8 million

Starbucks sells for $2.8 million

A Starbucks in Riverside has been sold for $2.8 million. The 928-square-foot restaurant, which includes a drive-thru and walk-up window, occupies nearly one acre at 2050 E. Alessandro Blvd., according to Hanley Investment Group in Corona del Mar. Hanley Investment represented the seller, Atman Kadakia of Greens Group, an Irvine-based …

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