Rents are up nationally and locally, as some potential buyers take a closer look at the downside of owning a home. Some experts say the trend, a byproduct of the recession, is likely to be around for awhile. Is owning a home, better known as the American Dream, slowly going …
Read More »Hotel demolition begins
Demolition began Wednesday on the Spa Hotel in Palm Springs. The hotel is being removed so that its owner, the Agua Caliente Band Cahuilla Indians, can help revive the city’s downtown, said tribal Chairman Jeff L. Grubbe. “We are in the planning stages of creating a vision for this key …
Read More »U.S. job market stalls
The U.S. job market’s hot streak is over. Employers added only 142,000 jobs in August, the smallest gain in eight months, according to data release Friday by the U.S. Department of Labor. That ended six consecutive months of at least 200,000 hires. The average monthly job growth during the past …
Read More »On The Move
Carl Coles has been named the Bonita Unified School District’s Administrator of the Year for the 2013-14 academic year. Coles, the district’s senior director of special education, was recognized for his constant work on behalf of the district’s special-education students, according to a report in the Inland Valley Daily Bulletin. …
Read More »On The Move
Robert B. Peters has been named chief financial officer of Inter Valley Health Plan, a not-for-profit program in Pomona that provides health care coverage to seniors. Peters, who has worked for more than 30 years in finance and accounting in the healthcare and insurance industries, was most recently Interim Chief …
Read More »Retail sales stay up
Back-to-school purchases gave national retail sales a boost during the week that ended Saturday. Sales were up in 4.8 percent for that week compared with the last week of August 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Week-over-week sales were …
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