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BofA nears record agreement

Inland Empire news by IE Biz Hub.003

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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Upgrade of home water fixtures would save water

Inland Empire Nursery to Reduce Water Use

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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On The Move

People on The Move.001

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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On The Move

People on The Move.002

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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Here we go again.

Inland Empire Political News.001

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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National retail sales stay solid

Inland Empire Businesses Get Sound Advice.002

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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