In a stunning rejection of the wishes of California Attorney General Kamala Harris and Governor Jerry Brown, the California State Supreme Court this week refused their unusual request to “depublish” a 4th District Court of Appeals decision that applied Proposition 218 limits to tiered water rates. The decision by the …
Read More »UC minimum wage hike draws skepticism
Two local economists dismissed a plan by the University of California to raise the minimum wage of its workers to $15 an hour. The Fair Wages/Fair Work Plan, announced Wednesday by UC President Janet Napolitano, requires that all employees hired to work at least 20 hours a week in the …
Read More »CVB reports solid quarter
CVB Financial Corp., the parent company of Ontario-based Citizens Business Bank, reported net income of $26.8 million during the second quarter of this year. That represents a $1.3 million increase compared with the second quarter of 2014, or 5.2 percent, according to CVB Financial’s second quarter earnings report, which was …
Read More »Tune in to The Main Event this Saturday Morning at 9:30 on AM590
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 is doing …
Read More »Retail outlook no longer so positive
Retail might not perform as well in 2015 as first expected. The National Retail Federation originally predicted sales would grow 4.1 percent this year compared with 2014, but Wednesday it lowered that estimate to 3.5 percent, citing “unexpected” slow economic growth during the first quarter. The federation calculated that sales …
Read More »Engineering firm sold
An Ontario engineering firm that inspects construction sites and building materials for developers and contractors has been bought by a company in Northern California. Heider Engineering Services Inc., which performs geotechnical engineering and material testing for more than 100 clients, has been purchased by Engineering and Testing Services in San …
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