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CVB Financial posts another dividend

CVB Financial posts another dividend

Ontario-based CVB Financial Corp. has reported a 20-cent dividend for the third quarter of this year. The holding company of Citizens Business Bank has now paid a cash dividend to its shareholders for 140 consecutive quarters, according to a statement posted Sept. 17 on the financial institution’s website. The third-quarter …

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San Manuel Tribe announces charitable donations

San Manuel tribe donates $1 million

The San Manuel Band of Mission Indians has donated $12.6 million to multiple charities in the Inland Empire. The 228 grants, half of which went to Native American tribes, will “support crucial initiatives in the Inland Empire and across Indian country, according to a statement. “The Spirit of Yawa’— acting …

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California home sales slow in August

State home sales continue to decline

Sales of existing single-family homes in California totaled 262,050 in August, down 6.3 percent month-over-month but up 2.8 percent year-over-year, according to data released Tuesday. Statewide, the median price of a single-family home was $888,740, up 0.2 percent from July and up 3.4 percent in August 2023, when the median …

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U.S. retail sales continue to rise

Record sales for holiday retail

U.S. retail sales rose in August, the result of rising consumer demand and a decline in inflation making up for a slight drop in job growth, according to a report. Retail sales nationwide, were up 0.4 percent month-over-month and 2.1 percent year-over-year, according to the National Retail Federation and CNBC. …

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Bill would put strict limits on state warehouses

Bill would put strict limits on state warehouses

Gov. Gavin Newsom is considering a bill that would place restrictions on the construction of warehouse-distribution facilities. AB 98, which the Senate and Assembly passed Aug. 31, would establish strict regulations for the design and location of logistics facilities. It also would also establish guidelines for parking, truck loading bays, landscaping …

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