By Edward L. Fixen One of the many complicated issues that business owners must face when it comes time to sell their business is whether the deal should be structured as a stock sale or as an asset sale. This decision will be driven by tax-related considerations and factors related …
Read More »Riverside to hold State of City
Riverside Mayor Rusty Bailey is scheduled to deliver the 40th annual of the State of the City address Thursday at the Riverside Convention Center. The speech, which is being produced by the Greater Riverside Chambers of Commerce in partnership with the city, will stress the importance of partnerships in civic …
Read More »City to disperse federal grants
Moreno Valley is accepting applications for federal grants designed to help low and moderate-income residents and neighborhoods. The city expects to receive just under $2 million in Community Development Block Grant funds, which are provided by the U.S. Department of Housing and Urban Development, according to statement. That funding, which …
Read More »Inland Empire office market gets stronger
The Inland Empire office market added more than 323,172 square feet of space during 2016, with most of that activity happening around Ontario International Airport, according to data released Tuesday. That absorption, combined with an absence of new development, caused the two-county region’s vacancy rate to drop to 12.9 percent …
Read More »Former supervisor says he witnessed no bribes in Colonies case
A former San Bernardino County Supervisor testified Tuesday that he never saw a Rancho Cucamonga developer offer a bribe to any of the three former county officials charged in connection with the Colonies corruption case. Dennis Hansberger was one of two supervisors who in Nov. 2006 voted against the $102 …
Read More »Two Inland Empire Cities Recognized for Fiscal Performance
Fontana and Moreno Valley have been ranked among the financially strongest cities in the United States by an online publication. The Inland Empire communities ranked second third respectively among cities with a population of 200,000 or more, according to the Jan. 9 edition of The Fiscal Times. Both cities were …
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