The Inland Empire posted solid gains in single-family home sales and median prices during January, according to data released Tuesday. Year-over-year sales were up 7.8 percent in Riverside County and 3.7 percent in San Bernardino County, Irvine-based CoreLogic reported in its monthly analysis of the Southern California housing market. Prices …
Read More »Trump, Sanders and the New American Reality
Carrier Corporation, a leading American manufacturer of Air Conditioners announced this week that it was closing its plant in Indianapolis, laying off 1,400 workers, and moving operations to Mexico. Ford Motor Company also announced it was doubling production of vehicles, in Mexico. Oreo Cookies announced it is closing its manufacturing …
Read More »“Promise Zone” Sought
The San Bernardino County Board of Supervisors has approved a request for a federal Promise Zone that would cover a large part of the city of San Bernardino. Promise Zones are partnerships between local entities and the U.S. government that seek to create jobs, increase private investment and economic activity, …
Read More »New Whole Foods Concept to Come to Inland Empire
Sycamore Hills, the master-planned community under construction in Upland, will be the home of the first 365 by Whole Foods Market in the Inland Empire. The 30,000-square-foot store will be a smaller version of a regular Whole Foods Market location, according to a statement by CBRE Group Inc., which is …
Read More »Council Vote Could Lead to Children’s Museum
The Riverside City Council is scheduled to vote this month on whether to move the city’s main library downtown, a move that would pave the way for bringing an interactive children’s museum to that location. If approved, the city would negotiate exclusively with the Discovery Science Foundation to bring a …
Read More »Expanded Panama Canal is a Few Months Away
The new version will have two new locks, making it easier to move goods through the canal and creating better access to ports on the East Coast. That could be a game-changer for California and the Inland Empire, but several observers believe the impact will be minimal. Sometime this summer, …
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