Single-family home prices in the Inland Empire, including distressed sales, increased 6.3 percent in March year-over-year, according to data released Tuesday. Month-over-month the increase in prices for Riverside and San Bernardino counties was negligible – 0.4 percent – Irvine-based CoreLogic reported in its monthly Home Price Index and HPI Forecast. …
Read More »Bartering: A Sound Foreign Policy
When Donald Trump gave his first foreign policy speech last week, we finally saw some of the “presidential” overtones we have been promised by his campaign lately. I thought, “Here’s his opportunity to screw up, to say something dumb if he hasn’t thought this out.” But to my relief, he …
Read More »Riverside Students Excel in Business Competition
Students from Riverside Poly High School won first place in Riverside’s inaugural Mayor’s Entrepreneurial Challenge. Nearly 100 students participated in the recent three-day event, which was sponsored by the Advancement Academy and hosted by SolarMax Technology in Riverside, according to a statement. Participants were required to elect a chief executive …
Read More »East Coast Retailer Leases Riverside Industrial Building
Ascena Retail Group has signed a 10-year plus lease on an industrial building in Riverside. The Mahwah, N.J.-based company will occupy the 582,772-square-foot building at 7295 San Gorgonio Drive starting July 1, according to a statement by Western Realco in Newport Beach. The building will be Ascena’s first warehouse-distribution operation …
Read More »SB County Businesses Get Tax Credits
Seven businesses in San Bernardino County have earned $3.65 million in tax credits for expanding and creating jobs. The award, from the California Competes Tax Credit program, will help those companies generate approximately $79.3 million in investments within the county and hire more than 500 full-time employees, according to a …
Read More »Inland Empire Manufacturing Stays Strong
Manufacturing in the Inland Empire remained solid during April, according to data released Monday. The region’s purchasing manage’s index last month was 52.3, up slightly compared with March, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. It was also the fourth consecutive month …
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