Sales of existing single-family homes in California totaled 254,740 in August, down 5.3 percent from July and down 19 percent from August 2022, according to data released Monday. Statewide, the median home price last month was $859,800, up 3.3 percent from July and a three percent increase year-over-year, the California …
Read More »Electric vehicle manufacturer may land in Riverside
Riverside may be on the verge of getting an all-electric vehicle company to come to the city. City officials are negotiating with Ohmio Automotion Ltd. in Auckland, New Zealand, to establish that company’s international headquarters in Riverside, according to a statement released by the city earlier this month. During its …
Read More »State job market posts a modest gain
California’s labor market added 23,100 non-agricultural workers in August, according to data released today. The state’s unemployment rate last month was 4.6 percent, unchanged for the third consecutive month, the state Employment Development Department reported. “It was a bit of a mixed bag during August, with the largest regions in …
Read More »Snoke named San Bernardino County’s permanent CEO
Luther Snoke has had interim removed from his title. Snoke has been named the county’s chief executive officer by the board of supervisors after serving briefly in that role on an interim basis, according to a statement on the county’s website. “Throughout his time with the county, Luther has effectively …
Read More »Reddy receives award
Dr. Prem Reddy, founder and chief executive officer of PrimeHealthcare in Ontario, has been given the Healthcare Lifetime Achievement Award from the Indo-American Chamber of Commerce. Reddy was recognized for saving and improving hospitals across the nation, including Garden City Hospital in Garden City, Mich., and Lake Huron Medical Center …
Read More »Benihana to open in Temecula
Benihana, the Japanese teppanyaki and sushi restaurant chain, will open this month in Temecula. The restaurant, at 26420 Ynez Road near the Promenade Temecula, will be the chain’s first in Riverside County and its 12th in Southern California, according to a statement on the company’s website. The 8,200-square-foot restaurant at …
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IE Business Daily Business news for the Inland Empire.