Shivaji Deshmukh has been named general manager of the Metropolitan Water District of Southern California. Currently the general manager of the Inland Empire Utilities Agency, Deshmukh will be the district’s 16th general manager in its100-year history, according to a statement. Deshmukh replaces Deven Upadhyay, who is retiring. He will join …
Read More »Inland office market shows resilience
The Inland Empire office market held its ground during the third quarter of 2025. Vacancy was 5.5 percent, same as the second quarter despite a 27 percent slowdown in leasing caused by a decline in new listings of space, according to CBRE. That helped keep conditions tight and allowed landlords …
Read More »Long-anticipated Kaiser Permanente strike begins
Thousands of Kaiser Permanente healthcare workers walked off the job Oct. 14, beginning a five-day strike regarding safe staffing, equitable pay and benefits, and a stronger voice for frontline caregivers. The strike involves an estimated 31,000 pharmacists, nurse anesthetists, nurse practitioners, midwives, physician assistants, rehab therapists, speech language pathologists, dietitians …
Read More »U.S. consumers curbed their spending in September
Retail sales nationwide dipped slightly between August and September, mostly because of several months of back-to-school spending, according to the National Retail Federation. Total retail sales, not counting automobiles and gasoline, fell 0.6 percent month-over-month, the Washington, D.C.-based trade association reported. That number was seasonally adjusted. On a positive note, …
Read More »Retail sale completes breakup strategy
A retail property in Temecula that is home to a Fitness 19 has been sold for $9.8 million. The sale of the 30,057-square-foot parcel completes a four-parcel break-up strategy that began last year and now totals $26.46 million, according to SRS Capital Markets’ Newport Beach office. “We recommended (that approach) as …
Read More »CSUSB, UCR form program to promote AI education
Cal State San Bernardino and UC Riverside have started a five-year program aimed at preparing students for careers in artificial intelligence. Promoting Regional Opportunities for Practical and Engaged Learning in AI (PROPEL AI) is being paid for with a $1 million grant from the National Science Foundation, according to a …
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IE Business Daily Business news for the Inland Empire.