Ontario-based CVB Financial Corp., the holding company of Citizens Business Bank, has reported net earnings of $50.9 million for the fourth quarter of 2024. That was down slightly from the third quarter – $51.2 million – but above the $48.5 million in earnings the company posted one year earlier, according …
Read More »Record Valentine’s Day spending predicted
U.S. consumers are expected to spend $27.5 billion on Valentine’s Day this year, according to the National Retail Federation. That would top the $25.8 billion spent last year, and would be slightly higher than the previous record of $27.4 billion spent in 2020, the Washington, D.C.-based trade association reported. Shoppers plan …
Read More »Entrepreneurial Resource Center lands an affiliate
Hatch Planning & Strategy, a consulting firm that helps would-be entrepreneurs plan and start a business, has joined the Entrepreneurial Resource Center in Temecula. Starting Feb. 4, Hatch Planning founder Heidi Luerra will demonstrate how to make money in an existing business, and how to create a long-term business that …
Read More »Palm Springs looks to help LA fire victims
Palm Springs has modified its rules regarding vacation rentals in order to help victims of the Los Angeles fires. The temporary changes approved by the city council began Jan. 7 and are scheduled to run through Feb. 27, according to a statement on the city’s website. During that time, owners …
Read More »Tribe looks to help restaurants with grant program
The Agua Caliente Band of Cahuilla Mission Indians has started two food and beverage sales tax grant programs. Both programs are designed to help restaurants or bars on the Agua Caliente Indian Reservation that pay the tribal food and beverage sales tax, according to a statement on the tribe’s website. …
Read More »State added jobs in December
California added 15,000 non-agricultural jobs in December, compared with a revised 9,600 jobs added in November, the state Employment Development Department reported. Seven of California’s 11 industry sectors gained jobs during December, with leisure and hospitality (+7,500) the highest-gaining industry group, the EDD reported. The state’s unemployment rate went up …
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