The February report on manufacturing in the Inland Empire is definitely mixed. First, the good news: the purchasing manager’s index for last month was 50.3, the sixth consecutive month that the index was above 50, according to the monthly report by the Institute of Applied Research and Policy Analysis at …
Read More »Inland beverage company stays profitable
Monster Beverage Inc., the Corona-based manufacturer of energy drinks, continues to post strong profits. The publicly-traded company reported a net profit of $76.1 million, or 44 cents a share, during the final three months of 2013, according to the company’s latest earnings report, which it posted on its website last …
Read More »Report says Inland economic recovery is still a work in progress
Study by non-profit agency says the two-county region still has to recover most of the jobs it lost during the recession, and that could take a few more years That economic recovery you keep hearing about in the Inland Empire isn’t here yet, and it might not happen for a …
Read More »John Sullivan
John Sullivan, an associate faculty member at Riverside City College, has been recognized for excellence in teaching by the Academic Senate of California Community Colleges. Sullivan, who has taught English at the college since 1997, was recently presented the 2014 Hayward Award, according to a report originally published in The …
Read More »Arrests made in mortgage loan fraud operation
Seven people were arrested Wednesday in connection with a mortgage fraud scam in San Bernardino County. The suspects allegedly defrauded more than 1,550 homeowners in the county who were trying to adjust their home loans during the foreclosure crisis, according to a report originally published in The Press-Enterprise. Collectively, the …
Read More »Drought-relief plan approved
The state legislature today overwhelmingly passed a $687 million drought-relief plan. The plan, which will now go to Gov. Jerry Brown’s desk, redirects money in the state budget and also draws funds from two previously approved bonds, according to a report originally published by Associated Press. Nearly $475 million in …
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