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Home prices rise, but sales tumble

Inland Empire News for April 2.004

Home sales and prices in Southern California moved in opposite directions last month. The median price of a single-family home last month was $415,000, an eight-percent year-over-year increase and the highest median price in 77 months, according to DataQuick in La Jolla. While prices soared, sales in the six-county region …

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Local colleges stay in good standing

Inland Empire Boat Show Coming.003

Moreno Valley College, Norco College and Riverside City College have all had their accreditation’s reaffirmed by the Western Association of Schools and Colleges. The Riverside Community College District announced its decision last week in a statement posted on its website. Each of the three colleges is accredited independently. The Norco …

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Is Obama setting us up for collapse?

Ed Hoffman.001

U.S. Marine Sergeant Andrew Tahmooressi is still sitting in a Mexican prison after making a wrong turn across the border on March 31. Obama has yet to comment, much less do something about the horrendous situation this active soldier still suffers. Didn’t he indignantly proclaim that no soldier will be …

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Major bank announces settlement

Inland Empire Business News July 15th.001

One of the nation’s largest banks will pay approximately $7 billion to end a federal investigation into high-risk subprime mortgages the bank made, the kind of loans that helped bring about the Great Recession. Citigroup will make a $4 billion civil payment to the U.S. Department of Justice and another …

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Report on fireworks show expected next month

Inland Empire Business News July 15th.002

Upland held its annual Fourth of July fireworks show on schedule this year, but it will be about one month before city officials know if the event was a financial success. City leaders considered canceling the event after 27 years due to the city’s ongoing financial crisis, but decided to …

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Proposed Walmart in La Verne now goes to city council

WalMart Looking to Expand

The planning commission has given its approval, but some residents say the neighborhood store will bring more traffic to the city. A citizens group has formed to oppose it, but it faces a difficult fight. Despite some opposition, Walmart’s plans to develop one of its neighborhood grocery stores in La …

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