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IE posts modest job gain

IE unemployment stands at 5.7 percent

The Inland Empire recorded a 4.5 percent unemployment rate in February, adding 6,700 non-agricultural jobs during the month, according to data released today. That was below California’s unadjusted 4.8 percent jobless rate but above the national 3.9 percent, the state Employment Development Department reported. Total non-farm employment in the two-county …

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Le Grand is new Toyota Arena GM

Gus Le Grand has been named general manager of Toyota Arena in Ontario. LeGrand, who has 20 years of experience in the hospitality and entertainment industry, began work on March 20, according to a statement. “We are pleased to welcome Gus to Ontario and look forward to his expertise in …

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Stover named Cardenas’ CEO

Eric Stover has been named Cardenas Markets’ division chief executive officer. Currently the Ontario-based supermarket chain’s chief merchandising officer, Stover will continue to report to Doug Sanders, chairman and chief of Heritage Grocers Group, according to a statement released Wednesday. Heritage Grocers is Cardenas’ parent company. “Eric is a strong …

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CVB Financial announces another dividend

cash dividend

CVB Financial Corp. in Ontario has announced a 20 cents-per-share dividend for the first quarter of 2023. That dividend, approved Wednesday by CVB’s board of directors at the board’s regularly scheduled meeting, will be payable on or about April 19 to all shareholders of record on April 5, according to …

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SoCal median home sale price drops

Southern California’s median home-sale price declined in February to $690,000, a 0.3 percent year-over-year drop, according to data released today. That number includes new and resale homes and resale condominiums in Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Ventura counties, according to CoreLogic in Irvine. Not enough houses …

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