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 …
Read More »Defendants in Colonies trial found not guilty
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 …
Read More »New bus service launched
The Riverside Transit Agency Monday launched RapidLink Gold Line, an express route between UC Riverside and Corona. RapidLink, which runs on weekdays only, travels Magnolia and Riverside avenues during peak commuting hours, according to a statement on the agency’s website Buses leave every 15 minutes. They’re expected to run about …
Read More »Study says climate regulations have helped Inland Empire economy
UC Berkeley report says Sacramento’s efforts to slow down climate change have created thousands of jobs and pumped millions of dollars into the state’s economy. Critics are skeptical, particularly regarding the full impact of cap-and-trade. Conventional wisdom, at least among some economists, holds that climate-change regulations like the ones California …
Read More »Local credit unions pump out auto loans
Inland Empire credit union members took out loans for new and used automobiles at a solid pace during the second quarter. Loans for new vehicles during that period totaled $446 million, a figure not reached in the Inland region since 2006, according to data released Friday by the Ontario-based California …
Read More »OIA passenger count stays up
Passenger traffic at Ontario International Airport rose 9.2 percent in July year-over-year, according to data released Friday. The airport served 383,349 passengers last month compared with 350,969 in July 2016, the Ontario International Airport Authority reported. Domestic passenger traffic was up 8.7 percent, while the airport’s two international carriers – …
Read More »