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Riverside approves strategic plan

Riverside has approved a five-year plan that will help the city set priorities and establish policies. The Riverside 2025 Strategic Plan “is the result of several months of input by elected officials, residents, community groups and city boards and commissions,” according to a statement on the city’s website. The plan, …

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San Bernardino cannabis company joins union

A San Bernardino cannabis dispensary has become the first Inland Empire business of its kind to join a union. Employees at Authentic 909 voted Saturday to join United Food and Commercial Workers Union Local 1167, according to a statement. The store, at 1181 S. E St., employs about 30 people. …

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CVB Financial stays profitable despite earnings drop

CVB Financial Corp. reported a net income of $47.5 million for the third quarter of this year, a drop of nearly $3 million year-over-year, according to data released Thursday. Earnings per share were 35 cents, essentially unchanged from the third quarter of 2019, the Ontario-based financial institution reported. The quarter …

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State home sale expected to rise

Sales of homes in California are expected to rise 3.3 percent in 2021, to 392,510 units, according to the California Association of Realtors. That “modest” increase will be accompanied by a 1.3  percent increase in the median price of a single-family home, to $648,760, the Los Angeles-based trade group predicted. …

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BIA housing conference set for next month

Registration is underway for the Building Industry Association of Southern California’s 2020 Housing Policy Conference. The virtual session, scheduled to be held from 9 a.m. to noon Nov. 19, “will bring housing experts together to craft a blueprint for solving the most significant housing challenges,” facing Southern California, according to …

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