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Riverside names new CFO

City of Riverside

Adam Raymond has been named Riverside’s chief financial officer/treasurer. Raymond, who was most recently the city’s acting chief financial officer/treasurer, will oversee a $2 billion budget and a staff of 60, according to a statement on the city’s website. Raymond, who has worked for Riverside for six years, joined the …

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Risk, Time in the Market, and Diversification

By Ralph Quintana Your risk, time in the market and diversification are so fundamental you might consider them the foundation when building your portfolio. It is easy to lose sight of portfolio structure as you track the performance of specific investments or account values. These strategies when applied to your …

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Bus service to make more stops at OIA

Omnitrans, San Bernardino County’s largest public transportation agency, will soon increase its service to Ontario International Airport. Beginning Tuesday, the transit service’s Route 61 service will stop at the airport every 15 minutes, airport and Omnitrans officials announced Monday. The added service will happen between 4:45 a.m. and 10:45 p.m. …

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Rancho Cucamonga to discuss park’s future

Rancho Cucamonga is scheduled to hold two more community workshops to discuss the future of Central Park, the 57,000-square-foot facility at the northwest corner of Milliken Avenue and Base Line Road. The sessions are scheduled to be held Sept 19 and Oct. 9 at Goldy S. Norton Community Center, which …

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SoCal housing prices continue to rise

Home Prices Increase

Southern California home prices continued to rise in July, as the state continued to be plagued by a seemingly endless housing shortage. The median price of a home last month was $501,000, a 7.7 percent increase compared with July 2016, Irvine-based CoreLogic reported Tuesday. That was the highest price recorded …

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Defendants in Colonies trial found not guilty

Colonies corruption trial

A San Bernardino County Superior Court jury acquitted three defendants in the Colonies Crossroads case Monday, all of bribery and corruption charges filed against them. Rancho Cucamonga developer Jeff Burum, former County Supervisor Paul Biane and Mark Kirk, former chief of staff to then-Supervisor Gary Ovitt, were all charged in …

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