Monthly Archives: June 2008

     Carbonation, fizz and high-fructose corn syrup will bubble over into the High Desert economy come 2010.     Dr Pepper Snapple Group Inc — formerly Cadbury Schweppes plc Americas Beverages — announced on Wednesday it will build a $120 million beverage-producing … Continue reading →

     On Tuesday the Labor Department said U.S. wholesale prices posted the largest gain in six months, mostly because of energy and food costs.     Are you feeling the squeeze?     Fontana resident Mary Austin sure is.     The retiree keeps track of … Continue reading →

   Real-estate agents and brokers are seeing minor up-ticks in home sales, especially foreclosure sales, which is spurring optimism among some that a turn-around is coming soon.   One veteran, however, begs to differ.“Some people may be finding bargains, but I … Continue reading →

   On Tuesday, June 17, all eyes will be on May’s national numbers for housing starts and building permits.   Perhaps there’s no other region more connected to this upcoming news than San Bernardino and Riverside counties.  In the middle of … Continue reading →

   Finally, the date has arrived.   Corona-based Vineyard National Bancorp, the holding company for Vineyard Bank, announced Thursday evening that its much-anticipated 2008 annual shareholder meeting is set for Aug. 5.   Vineyard also said that its discussions with a “third … Continue reading →

     When news hit the airwaves on Monday that California developer LandSource Communities Development LLC filed for bankruptcy, eyebrows were raised in San Bernardino County.      That’s because LandSource — which owns 15,000 acres of land north of Los Angeles … Continue reading →

   Their owners couldn’t afford them.   The lenders don’t want ‘em.   Even bargain hunters can’t justify fighting over them right now.   Banks are struggling to unload foreclosed housing inventory through auctions at desired prices, according to a report released on … Continue reading →

With a sagging housing market, rising unemployment and higher gas prices throwing the nationwide economy a curve ball, it’s no wonder San Bernardino County residents are a bit gloomier than they were in 2006. That’s what the 2007 Inland Empire … Continue reading →

PFF Bancorp’s stock dropped almost 10 percent to close at $1.18 on Monday afternoon — 97 percent lower than it was valued in the summer of 2006. Could shares of the Rancho Cucamonga-based holding company drop to 99 cents? “It’s … Continue reading →

You’ve probably heard the news: commodity prices are trying to squeeze blood out of the manufacturing industry. Well, not literally.  But some manufacturing managers probably wouldn’t hesitate to describe it that way.   (Check out this New York Times story on … Continue reading →