Foremost Cos., a land investment company based in Newport Beach, has completed two neighborhoods in Temescal Valley. Carraway and Sorrell at Terramor are part of a master-planned community – Terramor – that will include more than 1,400 homes in 16 neighborhoods when completed, according to a statement released by Foremost, …
Read More »Battle regarding proposed SC Edison rate hikes continues
Opponents who maintain a proposed 12 percent rate hike is unnecessary say they have something to bolster their argument: the utility’s most recent financial statement. Union members battling a proposed rate increase by Southern California Edison believe they received some ammunition recently: a statement by the public utility that it’s …
Read More »State employers add jobs
California’s unemployment rate fell to 4.9 percent in October, as state employers added 31,700 jobs, according to data released Friday. That represented a drop of 0.2 percent from September, the state Employment Development Department reported in its monthly assessment of the state’s job market. Most sectors posted gains, with leisure/hospitality …
Read More »Stanford economist to speak at UCR
Stanford economist Raj Chetty will deliver a Chancellor’s Distinguished Lecture at UC Riverside. Chetty is scheduled to speak from 1 to 2:30 p.m. Dec. 1 at the University Theatre, according to a statement. The event is free and open to the public. Chetty was one of the youngest tenured professors …
Read More »Hemet names police chief
Rob Webb has been named Hemet’s next police chief. He will replace Scott Brown, who is retiring so he can run for Riverside County Sheriff, according to multiple reports. Webb, 49, began his career in law enforcement with the San Diego Harbor Police. He joined the Hemet Police Department in …
Read More »New website a trove of economic information
The UC Riverside School of Business Center for Economic Forecasting and Development has started a new website. The site, UCREconomicForecast.org includes a monthly state employment report, an Inland Empire business activity index, a quarterly Inland Intelligence report and an ongoing series of economic papers. “It’s designed to help everyone,” said …
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