Ontario-bases CVB Financial Corp., and its subsidiary, Citizens Business Bank, have announced a net income of $51.2 million for the quarter that ended June 30. That was compared to $63.9 million and $41.6 million for the second quarter of 2020, according to a statement. Earnings per share were 38 cents …
Read More »Inland food bank receives grant
Feeding America Riverside-San Bernardino, one of the Inland Empire’s largest food banks, has received a $35,551 grant from the Anthem Foundation. The grant will be used to launch the “Food Is Medicine” program, which will be conducted by the food bank, the Riverside University Health System, and the Inland Empire …
Read More »ONT passenger count jumps 200 percent
Passenger traffic at Ontario International Airport increased by 200 percent year-over-year in June, the Ontario International Airport Authority reported recently. At the same time, the airport’s traffic count last month reached 90 percent of the airport’s traffic count last year, according to the authority. Both numbers demonstrate how much the …
Read More »Desert apartment portfolio is sold
Two apartment properties in Palm Desert with a combined 55 units have sold for $8.8 million. Tiki Gardens Apartments, 45325 Panorama Drive, and Shadow Hills Apartments, 74550-74610 Shadow Hills Road, sold to a private investor whose name was not released, according to CBRE. Both properties are near El Paseo Drive, …
Read More »EZER survives the pandemic, looks to the future
The Pomona-based company based on UBER – except its independent contractor drivers move items instead of people – is now five years old. Gary Wlassak, the company’s chief operating officer, spoke with iebusinessdaily.com about how the company got through the pandemic and how he sees the company’s immediate future. [Note: …
Read More »UCR admits record number of freshmen
UC Riverside has admitted a record number of freshmen for its fall 2021 semester. 34,671 freshmen are scheduled to attend classes, a year-over-year increase of nearly 2,000, when the fall semester begins Sept. 23, according to a statement on the university’s website. UC Riverside will also welcome the most California …
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