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Housing market posts solid numbers

Inland Empire Business News week of October 14.001

Single-family home sales took a dramatic year-to-year jump in the Inland Empire during September. Sales were up 7.6 percent in Riverside County and 15.4 percent last compared with September 2012, according to DataQuick, the San Diego company that tracks the Southern California real estate market. Prices were also strong in …

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State slaps Inland DC for safety violations

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A Jurupa Valley distribution center has been fined more than $34,000 for various safety violations. The California Department of Occupational Safety and Health last week issued 12 citations against Olivet International that included blocked exits, restrooms that were not maintained and merchandise that was stacked without proper support, according to …

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Bank expands in Inland Empire

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AmericanWest Bank has completed its purchase of eight Pacific Trust Bank offices in the Inland Empire. The transaction, which was announced Oct. 4, includes two offices in Riverside and one in Temecula, according to a report originally published in The Press-Enterprise. The sale was valued at $6.3 million. AmericanWest agreed …

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Press-Enterprise sold

Inland Empire Newspaper Sold.001

Freedom Communications Inc., owner of the Orange County Register, announced Thursday that it has reached an agreement to buy The Press-Enterprise in Riverside. The $27.25 million transaction is expected to close this month, according to a report originally published in the Victorville Daily Press. Besides the Register, Freedom Communications owns …

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San Bernardino’s future looking brighter….

Inland Empire Newspaper Sold.002

The City of San Bernardino has been racked with financial difficulty, political chaos, and divided government.  The recent bankruptcy proceedings are evidence of a failed economy as much as failed policies.  The failed policies that contributed to the economic failure were mostly set in place by elected and civic leaders …

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