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Olvera named to CBB board

Jane Olvera has been named to Citizens Business Bank’s board of directors. Olvera, the 10th board member, was also named a bank director, according to a statement on the bank’s website. “We are very pleased to have Jane Olvera join our Board of Directors,” said Raymond V. O’Brien III, chairman …

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CarMax back on track in Norco

Construction has resumed on a CarMax dealership in Norco. The project, at the southeast corner of Second Street and Interstate 15, began construction in November 2019 but was placed on hold when the COVID-19 pandemic hit, according to a statement on the city’s website. The store, expected to open by …

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UCR’s six-year graduation rate is its highest ever

UC Riverside’s six-year graduation rate has hit 77.3 percent, breaking last year’s record of 76 percent, according to data released last week. The school’s underrepresented minority students who began classes as freshman in 2014 also performed well: 81.8 percent of Asian students graduated by 2020, as well as 78.4 percent …

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Riverside County gets OK for outdoor events

Live outdoor events, including sports and entertainment, may resume in Riverside County beginning April 1, with limited spectators. While the county remains in California’s purple tier, the state’s most restrictive category, its COVID-19 numbers have been moving down for several weeks, according to a statement released Tuesday by county health …

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U.S. mortgage delinquencies up slightly

median priced home

Five point eight percent of all U.S. mortgages were in some state of delinquency in December, a 2.1 percent year-over-year increase, according to data released last week. Early-stage delinquencies – 30 to 59 days past due – were at 1.4 percent, down from 1.8 percent in December 2019, while mortgages 60 …

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State small businesses still trying to dig out from pandemic

The number of small businesses still operating in five of California’s major markets remains below pre-COVID 19 levels, according to a report. San Francisco has suffered a 50.5 percent drop in the number of small businesses that have remained up and running since the pandemic hit one year ago, the highest …

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