A study by UC Riverside shows that Hispanic-owned businesses grew dramatically in the two-county region during the worst of the economic slowdown. Many of them have only a handful of employees, but the trend was still positive for the region. Everyone agrees that the Inland Empire took a major hit …
Read More »Job Market Slows
The U.S. economy added 160,000 non-agricultural jobs in April, a decent showing but a slowdown compared with the previous six months. Nationwide, the unemployment rate remained at five percent last month, according to the U.S. Department of Labor’s monthly jobs report, which was released Friday. The department also revised down …
Read More »Steve Lustro has retired as Montclair’s community development director.
Lustro, who spent 15 years with Montclair and nearly 25 years in planning and community development, stepped down Thursday, according to a statement on the city’s website. A Cal Poly Pomona graduate, Lustro worked for the city of Claremont for eight years before moving to Montclair in 2000. He served …
Read More »CVB Financial Names New CFO
Ontario-based CVB Financial Corp., the holding company for Citizens Business Bank, has a new chief financial officer. E. Allen Nicholson has been named to that position in both institutions effective July 1, according to a statement released Wednesday. Nicholson will replace Richard C. Thomas, whose retirement was announced in April. …
Read More »Distressed Sales Keep Falling
Distressed sales made up 10.3 percent of all homes sales in the Inland Empire during February, according to data released Thursday. That was down from a peak of 76.3 percent in February 2009, a drop of 66 percent, Irvine-based CoreLogic reported in its monthly analysis of distressed home sales in …
Read More »Republican Elite Losing Their Collective Minds
Well, ladies and gentlemen, Republican Primary voters have spoken. Barring some disastrous, last-minute attempt to steal the Republican nomination at the convention, Donald Trump will be the Republican nominee for President. As unpredictable as it has been, with seventeen different Republican candidates including Governors, Senators, a brain surgeon, and a …
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