A nursery that supplies plants and flowers to commercial clients has reached an agreement with the Western Municipal Water District that could save the company up to $300,000 a year in water costs. Altman Specialty Plants, which operates a 375-acre facility in Lake Mathews in unincorporated Riverside County, will capture, …
Read More »More good employment news
A follow-up on the jobs report released Friday by the California Employment Development Department: Nearly 37,000 more people were working in the Inland Empire last month than were working in February 2013, the highest employment level for the two-county region since the start of the recession, according to the report. …
Read More »New store for Mo Valley Mall
Teona’s Boutique will open a store at Moreno Valley Mall next month. The 1,200-square-foot store will be located next to Image on the mall’s lower level, according to a statement released today. Teona’s is a specialty store that sells t-shirts, dresses and a variety of costume jewelry, including necklaces, bracelets, …
Read More »Bad housing numbers aren’t necessarily reason to panic
Sales have been down for several months now, but several experts say the market’s long-term prospects are still strong, in California and the Inland region Is the Southern California housing market headed for another bubble, or worse? Several local economists say no, the local housing industry is still on the …
Read More »State reaches settlement with mortgage company
California announced this week that it has reached a settlement with Ocwen Financial and Ocwen Loan Servicing in connecting with Ocwen’s violation of loan servicing laws. The settlement requires $2 billion worth of loan modifications for homeowners whose mortgages are being handled by Ocwen if those mortgages are in default …
Read More »Small business center takes mild budget cut hit
The federal government has cut its funding to its Small Business Development Centers, but the program’s Inland Empire office has barely felt the reduction. The reduction forced the local office to change one full-time consultant to a part-time position but otherwise day-to-day operations haven’t been affected, said Vincent McCoy, executive …
Read More »