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ONT lands international carrier

ONT keep high bond ranking

Starlux Airlines will begin service between Ontario International Airport and Taiwan this spring. The Taipei-based carrier is scheduled to start flights to and from both destinations on June 2, according to a statement on Ontario International’s website. The nonstop flights will operate four times a week, on Monday, Wednesday, Friday …

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State export trade has OK December

State exports up

California’s export trade was valued at $14.9 billion in December, essentially unchanged from one year earlier. During the same 12-month period, state exports fell to $166.072 billion from $167.724 billion, and California’s percentage of national exports – nine percent – was also effectively the same year-over-year, according to Beacon Economics …

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Car wash property sells for $2.7 million

Car wash property sells for $2.7 million

A retail parcel in Grand Terrace occupied by a Quick Quack Car Wash has been sold for $2.7 million. Del Mar-based 5th Street Development sold the property at 22181 Barton Road to a Pasadena developer, according to Hanley Investment Group Real Estate Advisors in Corona Del Mar. Hanley Investment represented …

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Inland manufacturing doesn’t stay down long

IE manufacturing

Inland Empire manufacturing roared back to life in January, posting a purchasing managers index of 56.5 amid an across-the-board surge of new orders, production expansion, inventory growth and employment. That performance came one month after the region posted an index of 42.5, well below 50, the dividing line for determining …

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Housing affordability down in fourth quarter

Only 15 percent of California households could afford the state’s $874,290 median-priced home in the fourth quarter of 2024, according to the California Association of Realtors. That was a 16 percent drop from the third quarter, but unchanged compared with the fourth quarter of 2023, the Los Angeles-based trade association …

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