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UCR ranking drops slightly

UCR Inland Empire.001

UC Riverside ranked 121st among all colleges and universities in the United States, according to U.S. News and World Reports’ yearly ranking of U.S. colleges. UC Riverside was tied with the University of Arizona in the overall category, and both schools tied at 58 among public universities. In 2014, UC …

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Distresses sales continue to fall

Inland Empire Business News for May 16th, 2014.002

Distressed sales accounted for 9.4 percent of all home sales in the United States in June, the lowest percentage for that month since 2007, a report released Thursday stated. That was down nearly one percent compared with May, and down 2.4 percent year-over-year, according to CoreLogic’s monthly report on distressed …

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Tune in to The Main Event this Saturday Morning at 9:30 on AM590

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Tune in to The Main Event this Saturday morning at 9:30 on AM590 with host Ed Hoffman as he discusses national current events and politics, with a few mortgage tips along the way. Ed delivers intelligent, entertaining radio that makes hard news easy to understand! This week, Ed welcomes back …

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Industry Trends for Business Valuation Multiples

Industry Trends for Business Valuation Multiples

By Edward L. Fixen Almost all business owners wonder what their business is worth. The actual amount that a particular business sells for depends on many factors unique to that individual business such as historical stability, profitability, growth, industry, customer base, etc. However, it is always a good idea to …

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Haggen files for bankruptcy

Haggen Grocery Inland Empire

Haggen, the supermarket chain that has struggled in California since it opened its first stores here earlier this year, has filed for bankruptcy. The company filed for Chapter 11 protection Tuesday in the U.S. Bankruptcy Court for the District of Delaware, according to a company statement. Haggen officials did not …

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Macy’s to shut down more stores

Macy’s to shut down more stores

Macy’s has announced that it plans to close 35 to 40 stores next year, about five percent of the company’s portfolio. Company officials are now deciding which stores will be shut down, with exact locations to be announced “at a later date,” according to a company statement. The closings are …

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