Father’s Day spending is expected to reach a record $24 billion this year, according to the National Retail Federation. That’s up from $22.4 billion last year, and it tops the previous record of $22.9 billion, the Washington, D.C.-based trade association reported. Nearly half of consumers (48 percent) say they plan …
Read More »Riverside County to consider $10 billion budget
Riverside County has released a proposed $10 billion budget for the fiscal year 2025-’26, which will begin July 1. The budget, which the board of supervisors will discuss during budget hearings scheduled to be held June 9 and 10, proposes spending approximately $73 million from the county’s reserves to reduce expected …
Read More »Riverside considers converting motel into low-income housing
Riverside has asked the state of California’s to help it convert a motel into affordable housing. The city has requested $35 million in Homekey+ funding to convert the 114-room Quality Inn, 1590 University Ave. into studio apartments, according to a city report. When the renovation is complete, the former hotel …
Read More »CSUSB Palm Desert receives nursing grant
Cal State San Bernardino’s Palm Desert campus has received a grant that will support its nursing program that assists people living on the street. The $88,000 donation from the Desert Healthcare District & Foundation will allow the university’s Nursing Street Medicine Program to improve its treatment of unsheltered and underserved …
Read More »Morris makes list of top wealth advisors
Scott Morris, senior vice president of wealth management with UBS Riverside, has been named to the Forbes Best-In-State Wealth Advisors list for 2025. A branch manager, Morris was one of 42 UBS financial advisors in Southern California – and the only one in the Inland Empire – named to the …
Read More »Hu named UCR chancellor
S. Jack Hu has been named UC Riverside’s next chancellor. Currently the senior vice president for academic affairs and provost at the University of Georgia, Hu’s appointment was approved May 29 by the University of California Board of Regents during a special meeting in Sacramento, according to a statement on …
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IE Business Daily Business news for the Inland Empire.