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City Gets Thumbs Up From Auditors

Inland Empire Audits

Riverside is in solid financial shape. The city was given “a clean bill of health” from a group of independent auditors who reviewed its financial data, including grants it received from the federal and state government, according a statement. The audits, by Macias, Gini & O’Connell LLP, also examined the …

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Home sales up, but the numbers are deceiving

Home Prices Up

Home sales in Southern California rose 24.1 percent in November year-over-year, but that increase isn’t as impressive at it might appear. Artificially week sales in November 2015 accounted for much of that increase, which was the highest recorded in the month of November since 2012, said Andrew LePage, research analyst …

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CVB Financial Registers Another Positive Quarter

Citizens Business Bank

Ontario-based CVB Financial Corp. has announced a 12-cent-per-share cash dividend for the fourth quarter of 2016. That dividend was approved at the company’s regularly scheduled board of directors meeting, according to a statement. It will be paid late January to shareholders of record as of Jan. 6. This marks the …

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Document Retrieval Company Moves to Larger Site

Document Retrieval Company Moves to Larger Site

A company that recovers medical records for attorneys and insurance claims adjustors has moved to Loma Linda. ABI Document Support Services moved from Park Avenue in Redlands into 25,100 square feet of office space in the Corporate Business Center, 10459 Mountain View Ave., said Leslee Detillo, marketing manager for the …

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Inland Empire Economic Growth Revised Up

Asian-Owned Businesses Continue to Grow

The Inland Empire economy grew slightly more during the third quarter than previously estimated, according to data recently released. Riverside and San Bernardino County’s gross metropolitan product grew 2.6 percent annually through the third quarter, not 2.2 percent as was reported last month, the UC Riverside School of Business Center …

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Toro Wins Award

Toro Honored in Inland Empire Event.001

The Toro Co. has been awarded a 2016 WaterSense Excellence Award from the U.S. Environmental Protection Agency. Toro, whose irrigation division is based in Riverside, was recognized for its education and conservation programs, according to a statement on the company’s website. Since 2006, Toro and other WaterSense partners have helped …

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