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Frank Basirico has been promoted to president and chief operating officer of AltaPacific Bancorp and its subsidiary, AltaPacific Bank. Basirico, who joined the company in 2009, has served as its senior executive vice president and chief operating officer since October 2015, according to a statement. He has been on the …

Wayne Nastri has been named executive officer of the South Coast Air Quality Management District. Nastri, who has worked for a number of environmental agencies during the past three decades, has served as the district’s interim executive director since April, according to a district statement. “I am honored to be …

California employers added 13,600 jobs in November, enough to drop the unemployment rate to 5.3 percent, according to data released Friday. The state added jobs during the four months before November, yet its unemployment rate never changed from 5.5 percent, so Friday’s numbers represent a slight breakthrough, the state Employment …

The Federal Reserve’s decision to raise interest rates is likely to have little impact on the Inland Empire economy, according to several local economists. The increase, which was announced Wednesday, had been long anticipated. It lifts the Fed’s benchmark rate to a range of 0.5 percent to 0.75 percent, still …

Claremont will not be allowed to take control of its water supply through eminent domain. The city has not proven that its plans to operate its water system would maintain the level of quality, safety and reliability provided by Golden State Water Co., Los Angeles County Judge Richard L. Fruin …

The final environmental impact report for the Indian Street Commerce Center project in Moreno Valley, is available for public review. The project, a 446,350-square-foot warehouse-manufacturing building, will be developed on 19.6 acres south of Grove View Road on the west side of Indian Street, according to a statement on the …