Business activity in the Inland Empire grew by 6.4 percent in the fourth quarter of 2021, up from 4.5 percent growth during the third quarter, according to data released earlier this week. The Inland economy “transitioned from recovery to expansion in the fourth quarter of 2021, the latest data available, …
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Atif Elkadi has been named Ontario International Airport’s chief executive officer. An Ontario International employee since 2017, Elkadi has spent the last three years as its deputy chief executive officer, according to a statement on the airports’ website. Alkali replaces Mark Thorpe, who announced his resignation in January and is …
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American Business Bank has been ranked among the top 50 community banks by S&P Global Market Intelligence. The San Diego-based bank, which does much business in the Inland Empire, is one of 10 California banks that made last year’s top 50 list, the most of any state. Banks with $3 …
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Apple Valley is expected to approve one of two maps next month that will divide the town into electoral districts. The maps, among five that were submitted to the town council, will be discussed at the April 12 council meeting, according to a statement on the town’s website. Either the …
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Twenty six percent of all Californians last year could afford a statewide, median-priced home of $786,750 , a two percent year-over-year drop, according to the California Association of Realtors. A minimum yearly income of $144,400 was needed to make monthly payments of $3,610 on a 30-year fixed-rate mortgage at a …
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Moreno Valley has opened Santiago Park, the city’s 33rd park. Hundreds of residents joined Mayor Yxstian Gutierrez and the city council to the March 23 opening ceremony, according to a statement on the city’s website. “Moreno Valley’s parks serve as the beating heart of our city, Gutierrez said in the …
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IE Business Daily Business news for the Inland Empire.
