Despite strong criticism from high places, University of California President Janet Napolitano is standing by her proposal to raise tuition at UC schools. Napolitano wants to raise tuition up to five percent in each of the next five years, a move that has been criticized by Gov. Jerry Brown, Lt. …
Read More »Drop in gas prices might not have hit bottom yet
Even better, they might keep dropping. Analysts are citing a number of factors for the decline, but it’s apparently not a temporary phenomenon, according to the U.S. Department of Energy. With the Christmas season around the corner, the drop couldn’t have happened at a better time for retailers. No, you …
Read More »State conference slated for Ontario
Ontario will host a statewide economic summit next year. The 2015 California Economic Summit will be held Nov. 12-13 at a venue yet to be determined, according to a report in the Inland Valley Daily Bulletin. Elected officials, members of the business community and representatives from various community organizations will …
Read More »Industrial building sold
An industrial building in the Meridian Business Park in Riverside has been sold. Newcastle Partners sold the 600,000-square-foot building to Scuderia Development LLC, a real estate investment firm in Newport Beach, according to a statement released Friday. Scuderia Development paid $43.5 million for the building, which sits on 27 acres …
Read More »On The Move
The former president of Auto Club Speedway in Fontana will move to the NBA. Gillian Zucker, who spent nine years running the race track, has been named president of business operations for the Los Angeles Clippers, according to reports. Zucker replaces Andy Roeser, who left after the team was sold …
Read More »On The Move
U.S. Secretary of Defense Chuck Hagel visited the National Training Center at Ft. Irwin Friday. Hagel met with active-duty and Army reserve personnel, then observed “decisive action” training for an estimated 4,700 soldiers in the 4th Infantry Division, according to a Ft. Irwin release. Hagel addressed the troops after the …
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