Amazon.com Inc., the online retail giant, will open its fifth California fulfillment center in Redlands, creating 2,500 full-time jobs. The company announced Thursday that it will occupy a 700,000-square-foot building at 2125 W. San Bernardino Ave. That structure is north of Interstate 10 and west of the Foothill Freeway, in …
Read More »Coca-Cola buys piece of Monster Beverage
Coca-Cola will buy a 16.7 percent interest in Corona-based Monster Beverage. The world’s largest soda manufacturer and distributor will pay $2.15 billion for its percentage of the company and will place two people on Monster Beverage’s board of directors, according to an Associated Press report. The transaction was announced Thursday. …
Read More »On The Move
Upland has selected a new manager. Rod Butler, currently the city manager of Patterson in Northern California, will take over that position in Upland at the end of next month, according to a report in the Inland Valley Daily Bulletin. Butler, 50, has been city manager in Crescent City. He …
Read More »Voters to decide water plan
Faced with one of the worst droughts in California history, state legislators voted Wednesday to put a major water plan on the November ballot. If approved, the $7.5 billion measure would represent the largest investment in decades in the state’s water infrastructure: it would build reservoirs, pay for water-saving technology …
Read More »State housing affordability drops
Housing affordability dropped in California during the second quarter of this year, as lower interest rates failed to offset an increase in home prices. The number of homebuyers who could afford a median-priced, single-family home in the state fell to 30 percent during the quarter, the California Association of Realtors …
Read More »Tune in to The Main Event this Saturday morning at 9:30 on AM590
Tune in to The Main Event this Saturday morning at 9:30 on AM590 with host Ed Hoffman as he discusses national, regional and local current events, as well as trends in the local real estate market with unique, witty and irreverent flair. Ed begins this week’s show with a tribute …
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