Bank of America Corp. and the Justice Department are close to an agreement in which the bank will pay between $16 million and $17 million to resolve alleged mortgage misconduct by the bank. The bank has also agreed to pay $9 billion in cash to the federal government, various government …
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California can do much to ease its drought crisis by upgrading older homes with modern fixtures, according to an official with the California Building Industry Association. “More than half of the state’s 7.5 million homes were constructed before 1980, which means they are still equipped with old fixtures that use …
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A lifelong Riverside resident has received the first-ever Riverside Business Week Young Entrepreneur Award from the Greater Riverside Chambers of Commerce. Steffen Sommers was recognized for helping to create Lift Coffee Roasters, a gourmet coffee shop in Riverside, according to a report in The Press-Enterprise. Sommers, 26, opened the shop …
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Jeff Eason Sr. is back as president of the Barstow Senior Center. Eason returned days after being acquitted on embezzlement charges in connection with his management of the center, according to a report in the Barstow Desert Dispatch. Eason was charged with stealing $3,000, a washer-dryer and a refrigerator from …
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The City of San Bernardino voted Thursday to place two city charter amendments on the November ballot. One measure would repeal Section 186 related to the establishment of procedures to set wage scales for Police Officers and Firefighters. The second measure would eliminate pay for fired employees while they appeal …
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July was a strong month for U.S. retail. Sales were up 5.4 percent year-over-year, according to data released Thursday by the International Council of Shopping Centers. That increase was particularly impressive given that sales rose 4.2 percent in July 2013, which created a “tough comparison” for this year, said Jesse …
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IE Business Daily Business news for the Inland Empire.
