Tag Archives: featured

Ontario-based CVB Financial Corp. and its subsidiary, Citizens Business Bank, reported net income of $28.5 million for the first quarter of this year. That’s an increase of $1.4 million from the fourth quarter of 2016 and a $5.1 million increase year-over-year, according to a statement released Tuesday by CVB Financial. …

March was a solid month for the Southern California housing market. A total of 22,042 houses and condominiums, both new and resale, changed hands last month, according to data released Tuesday by CoreLogic in Irvine. That was a 47.6 percent increase month-over-month and a 7.8 percent increase compared with March …

Raising California’s gasoline tax to 12 cents per gallon won’t raise enough money to fix the state’s damaged roads, a report released Monday stated. While California does have some of the worse roads in the nation, money for repairs – which usually come from motor fuel taxes – is declining …

Moreno Valley has installed three electric vehicle charging stations in the city hall parking lot that are available to the public. The station, at Frederick Street and Calle San Juan De Los Logos, has gotten steady use since it opened during the first week of April, said Jeannette Olko, division …

Moreno Valley is looking for entries for its annual Fourth of July parade. This year’s theme is Sweet Land of Liberty, and creative entries are encouraged, according to a statement on the city’s website. Community members, businesses, churches and other organizations are encouraged to apply.  The city’s Independence Day parade …

A 90-unit affordable housing complex in Indio for low-income elderly people has been sold. Desert Oasis Apartments, which is subsidized by the U.S. Department of Housing and Urban Development, sold for $11 million, according to a statement released today by Colliers International The sale, a record for a HUD-subsidized property …