Tag Archives: Featured

An Irvine-based development group is buying 150 acres of open space in Ontario, where it plans to build light-industrial buildings. The land, at the southeast corner of Fourth Street and Vineyard Avenue next to Interstate 10, has been owned by the Meredith Family Trust for about 50 years, according to …

California’s unemployment rate continued to improve in January. The state’s jobless rate fell to 6.9 percent during the first month of the year, a modest drop compared with December but down from 8.1 percent in January 2014, according to the state Employment Development Department. California added 67,300 jobs in January. …

Citizens Business Bank has hired Donald Toussaint to oversee its newly formed Commercial Banking Center in Oxnard. Toussaint will hold the title executive vice president and regional manager for the Ontario-based financial institution, according to a statement released Tuesday. “Don is a great addition to the Citizens Business Bank team, …

Temecula City Councilman Chuck Washington has been appointed to serve on the Riverside County Board of Supervisors. Gov. Jerry Brown announced the appointment Wednesday, according to a report in The Press-Enterprise. Washington, 62, is the first African-American to serve on the board. He replaces Jeff Stone, who was elected to …

John Russo, Riverside’s new city manager, will be paid well for his work. Russo, who is scheduled to start May 4, has a five-year contract that will pay him $295,000 a year plus an annual raise of three percent for good performance, according to a report in The Press-Enterprise. Russo …

Unemployment fell in all 50 states and the District of Columbia last year. Overall, the national jobless rate fell to 6.2 percent in 2014, a year-over-year drop of 1.2 percent, according to the U.S. Bureau of Labor Statistics. Perhaps even more encouraging, the employment-population ratio – which measures the percentage …