Tuesday , June 18 2024

Tag Archives: Featured

Wine company to consolidate

A winemaker in southwest Riverside County has agreed to lease space in Temecula and will move all of its operations there. Cali Wine & Vine has leased 47,800 square feet of industrial space at 43085 Business Park Drive that will serve as its headquarters, according to a statement released by …

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Bed, Bath & Beyond to close stores

Bed, Bath & Beyond has announced that it plans to close 40 stores this year. That figure includes four Southern California stores that have already been shuttered, according to multiple reports. The stores are located in 19 states, and all are expected to be out of business within six months. …

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State unemployment holds at 3.9 percent

U.S. add jobs, unemployment rate stays flat

California’s unemployment rate held steady in December at 3.9 percent, according to data. The state added 12,600 non-agricultural jobs during December, the 118th consecutive month California has added jobs, the state Employment Development Department reported. The December job gains were the result of growth in several job sectors, including 6,500 …

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Warehouses are overwhelmed with online returns

QVC Opens Inland Empire Logistics Facility

Too many items bought via the internet are being returned, and thats’s wreaking havoc on the logistics industry. So far, no one has come up with a solution. Christmas is the time of giving, and receiving. January and February, apparently, is the time of returning. Final sales numbers for the …

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Highway project to improve ONT access

A Central California construction company has been awarded a $14 million contract by the San Bernardino County Transportation Authority. Granite Construction in Watsonville will undertake the Archibald Avenue Improvement Project at the 60 Freeway, which will improve access to Ontario International Airport, according to a statement. Granite will rebuild and …

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CVB Financial announces fourth quarter earnings

Ontario-based CVB Financial Corp., the holding company of Citizens Business Bank, reported net income of $51.3 million for the quarter that ended December 31, 2019, compared with $43.2 million for the fourth quarter of 2018.  Earnings per share were 37 cents, up from 31 cents year over year, according to …

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