By Ed Hoffman As we all debate the merits of a Donald Trump presidential run (which I’m on board with, by the way) and Rachel Dolezal’s “transracialism” (which I find ridiculous, and I hope you do too), I want to provide a diversion that’s suitable for lots of upcoming occasions …
Read More »Target to sell its pharmacies, clinics
Target has agreed to sell its pharmacy and clinic business to CVS Health. The country’s second-largest drug store chain will pay nearly $2 billion for both of Target’s in-store health operations, according to a statement released Monday by both companies. CVS Health is purchasing more than 1,660 pharmacies and an …
Read More »Builders like housing market
Home builders this month expressed strong confidence in the market for new, single-family homes. The National Association of Home Builders/Wells Fargo Housing Market Index, which was released Monday, rose to 59 this month, the highest the index has been since last September. The monthly survey, which is seasonally adjusted, measures …
Read More »Home cash sales drop
Cash sales in the national housing market declined again in March. Overall, 34.6 percent of the housing sales during the third month of the year were cash transactions, down from 39 percent in March 2014, according to a report released Thursday by CoreLogic in Irvine. The year-over-year percentage of cash-related …
Read More »Opponents of World Logistics Center have some work to do
The mega-industrial project in Moreno Valley finally gets to the planning commission and it’s clear the project has strong support. Even the city’s planning staff believes it’s a good idea. Large industrial projects that have the potential to disrupt a community usually engender opposition, not support, from the public. Residents …
Read More »State’s economy makes global rebound
California is back among the world’s largest economies. The state’s gross domestic product reached $2.3 trillion in 2014, enough to make it the seventh largest economy in the world, according to multiple reports released Wednesday. California ranked just above Brazil but below the United Kingdom. During the recession, the state …
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