Monthly Archives: July 2008

     Vineyard National Bancorp (NasdaqGS: VNBC) couldn’t pay a $48.3 million loan to its lender on time, so the financially troubled holding company based in Corona is getting a much-needed extension.     Documents filed Thursday evening with the Securities Exchange Commission … Continue reading →

     Vons supermarket is going through some tough times, and local stores are feeling the brunt of it.     A subsidiary of Pleasanton-based Safeway Inc. (NYSE: SWY), the Southern California chain’s Inland Empire stores laid off nine union employees, demoted 52, … Continue reading →

     The opponents vying for control over Vineyard National Bancorp won’t come head to head this month, but in the meantime, they’re fortifying their positions.     They only agree on one thing: to nominate Douglas Kratz to the Corona company’s board … Continue reading →

     Soyo Group Inc. (SOYO.OB) is looking for bigger britches, but the penny-stock company that’s traded on OTC Bulletin Board needs investors with deeper pockets.     The Ontario-based consumer electronics distributor’s stock has taken a roller-coaster ride between October 2007 and … Continue reading →

     Local independent coffee shop owners could see a boon from Starbucks Corp.’s decision to close 600 stores nationwide, although it’s unknown which local stores will be axed.     The Seattle-based retail coffee giant said Tuesday afternoon that certain unprofitable stores … Continue reading →

     It seems the Inland Empire’s construction scene is following a national trend.     Construction spending nationwide fell for the 11th time in May, the Commerce Department said on Tuesday, but it wasn’t because developers cut back on commercial spending.     In … Continue reading →