Joseph Busby has been named chief financial officer of the Morongo Casino Resort & Spa in Palm Springs. Busby, who has spent 22 years working for Native American tribes and private entities, will be in charge of the casino’s financial strategy, specifically its budgeting and long-term planning, according to multiple …
Read More »Inland retail market had a mixed fourth quarter
Available retail space in the Inland Empire crept up to seven percent during the fourth quarter of 2025, a slight increase from the third quarter caused by new supply and a decline in leasing, according to CBRE. Net absorption fell to negative 11,000 square feet, from positive 138,000 square feet, …
Read More »Multifamily market slips
The Inland Empire multifamily market ended 2025 with 95.5 percent occupancy, a decline of 30 basis points from the previous quarter, according to CBRE. Net absorption was minus 229 units during the last three months of 2025, down from 741 units absorbed in the third quarter, CBRE reported. Such a …
Read More »Job training center opens in Perris
The Riverside Community College District has opened a facility in Perris that will train people for vocational and trade-related jobs. The two-story Inland Empire Technical Trade Center is at the northeast corner of corner of First and D street, according to a statement on the city’s website. The 13,700-square-foot downtown …
Read More »Grant program aimed helping restaurants
Hemet has launched a program designed to help the city’s restaurant owners. The City of Hemet Kitchen Grant Program is the second phase of an initiative operated by the city’s economic development department that was previously restricted to downtown, according to a statement on the city’s website. Seven hundred thousand …
Read More »Amazon announces job cuts
Amazon plans to eliminate 3,339 jobs at its Southern California retail stores starting in April. One week after the retail giants announced it will close all of its Amazon Fresh and Amazon Go stores, the company revealed the layoffs that are expected to begin in late April, according to multiple …
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IE Business Daily Business news for the Inland Empire.