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U.S. add jobs, unemployment rate stays flat

U.S. add jobs, unemployment rate stays flat

The U.S. economy added 151,000 jobs in August, a respectable number but not enough to move the unemployment rate, which remained at 4.9 percent for the third month in a row. An estimated 7.8 million people were unemployed last month, essentially unchanged from September, the U.S. Bureau of Labor Statistics …

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Inland bank to merge

Bank To Merge

Commerce Bank of Temecula Valley and AltaPacific Bancorp in Santa Rosa will merge. AltaPacifica will acquire Commerce Bank for approximately $15.9 million in cash and stock, creating a financial institution with approximately $430 million in assets, according to a statement. When the merger is complete, the Commerce Bank branch will …

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On The Move

Andrea Wachter

Andrea Wachter has been named marketing and transaction coordinator by Stirling Development in Foothill Ranch. Wachter will work with several of Stirling’s projects, including the Southern California Logistics Centre in Victorville, which is replacing the former George Air Force Base, according to a statement released by the company. Her responsibilities will …

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On The Move

Evelyn “Sunny” Stater

Evelyn “Sunny” Stater, widow of Stater Bros. founder Lavoy Stater, will celebrate her 100th birthday this month. Evelyn and her family plan to mark that milestone with a private party, according to a statement released by the supermarket chain. In 1935, Evelyn was working for the W.A. Davis grocery store in …

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Youth festival scheduled

Youth festival scheduled

Moreno Valley will host its annual YouthFest Sept. 10. The event, a showcase for youth-oriented businesses and services, is scheduled to be held from 10 a.m. to 2 p.m. at Community Park, 13380 Frederick St. Visitors will enjoy information booths, food vendors and entertainment and activities for children. The program …

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Inland manufacturing bounces back

After one of its worst months in recent memory, the Inland Empire’s manufacturing sector came roaring back in August. The regions purchasing managers index for last month was 60, one of the largest indexes in recent memory and a major improvement from the 46.5 that was recorded in July, according …

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