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By Edward L. Fixen For all too many small businesses, one of the most commonly overlooked management tool that can truly improve cash flow, profitability and the value of a company is inventory management.  Small reductions in cost of goods sold and reduced levels of inventory can really produce some …

Mayor Rusty Bailey is scheduled to deliver Riverside’s 39th annual State of the City address Jan. 28 at the Riverside Convention Center. The address will be Bailey’s fourth and will focus on the city’s efforts to turn “Opportunity in Action,” according to a statement. The event will be produced by …

Ontario-based Citizens Business Bank has opened a bank in Santa Barbara, continuing the financial institution’s move into the Santa Barbara County-Ventura County market it began nearly one year ago. The new branch, which opened Jan. 11, employs four people and is being led by Phil Morreale, senior vice president with …

Riverside has set up a website that provides information regarding El Nino. The site, riversideca.gov/elnino, is designed to help residents and businesses prepare for heavy amounts of rain as well as the aftermath of a storm, said Phil Pitchford, spokesman for the city. It also tells people where they can get …

Redlands Fire Station 261 will donate $5,000 to Inland Women Fighting Cancer Believe Walk, the annual fundraiser conducted by Stater Bros. Charities’ that raises money for cancer centers and cancer-fighting organizations in Riverside and San Bernardino counties. The firefighters recently conducted a pink ribbon t-shirt campaign to raise awareness about …

The Southern California housing market got even hotter in December, as the price of a single-family home reached its highest point in more than eight years. The median price of a single-family home last month was $443,000, a 6.7 percent year-over-year increase and the highest price recorded in the region …