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Some Riverside County officials to get raises

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The Riverside County Board of Supervisors has approved raises for some county department heads. The board Tuesday voted 3-1 in favor of the pay hikes after making changes to the original proposal suggested by the county’s human resources department, according to a report in The Press-Enterprise. Board members also voted …

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Judge dismisses corruption charges in Colonies case

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A Superior Court judge today dismissed criminal charges against a Rancho Cucamonga developer and three former San Bernardino County officials in the Colonies corruption trial. Judge Michael A. Smith dismissed three tax evasion charges against former Supervisor Paul Biane, charges that stemmed from a $100,000 contribution developer Jeff Burum made …

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U.S. retail posts another solid week

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For the second straight week, national sales rose dramatically year-over-year. Sales were up 4.5 percent for the week that ended Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Stores Sales Index. That figure was virtually unchanged from …

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Joint venture buys future residential site in Corona

Inland Empire Lots Purchased

A homebuilder and a real estate investment company will buy a large number of high-end residential lots in Corona. The New Home Co. in Aliso Viejo and Tricon Capital Group Inc. in Toronto will purchase Arantine Hills, a 276-acre master-planned community site in Corona, both companies announced today in a …

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Read, research and think

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I have been forecasting an impending financial collapse worse than what we experienced in 2008 because, despite what the Obama administration would have us believe that unemployment is low and the GDP is up, the truth of the matter is that the essential structure for a healthy economy is critically …

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High-end housing market is red hot

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California’s high-end housing market, like the state’s housing market in general, is performing well. The number of single-family homes that sold for $1 million or more rose to its highest level in seven years during the second quarter of this year, according to CoreLogic DataQuick, the La Jolla-based real estate …

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