Monthly Archives: August 2008

Californians’ gas consumption drops 5 percent; diesel drops 11 percent

     Statewide, we’re burning less gas — and it’s a fair bet the same is true for Inland Empire commuters.      Californians bought 65 million gallons less in May 2008 than in May 2007 — a 5-percent drop, according to … Continue reading

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Report: small- to mid-size Inland Empire banks are ‘stable’

     On Thursday, San Francisco-based financial services firm Stone & Youngberg LLC released its second-quarter analysis on more than 70 West Coast community banks — including several based in San Bernardino and Riverside counties — and said it’s closely monitoring … Continue reading

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Nation’s GDP grows, but Inland Empire in ‘micro-recession’

     Recession? What recession?      The Commerce Department on Thursday said the nation’s gross domestic product actually jumped 3.3 percent between April and June, a revised estimate that was much higher than expected.      It was better than the first … Continue reading

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PFF bank’s parent company announces shareholder meeting date

     PFF Bancorp, the financial parent of PFF Bank & Trust, announced on Wednesday that its shareholder meeting will be held on Sept. 25 at 9:30 a.m. at the company’s headquarters on 9337 Milliken Ave.      Votes will be tallied … Continue reading

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Vineyard National Bancorp board member resigns

     Vineyard National Bancorp, parent of Vineyard Bank, announced on Monday evening that Cynthia Harriss resigned from the Corona financial company’s board of directors.      She was one of five candidates that former CEO Norman Morales managed to get elected … Continue reading

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“Green” commercial real estate gaining some speed in I.E.

     Even in a floundering economy, the so-called “green” movement is blossoming in the Inland Empire.      The economy might not be throwing commercial real-estate professionals champaign salaries like it was before the downturn, but now seems better than ever … Continue reading

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IEEP has high hopes for international business summit in Ontario

     When the 2008 Southern California International Business Summit hits Ontario’s Doubletree Hotel on Sept. 19, consulates from 15 countries will mingle with regional business leaders who are looking to make more money in oversees markets over the next decade. … Continue reading

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Economy forces Big Bear Lake resort owner to close doors

     Come as a guest, leave as a friend — that was Doreen Wiggins’ motto.     Not anymore.     Feeling the brunt of an economic cliff dive in the mountain tourism industry, Wiggins is shutting the doors to Big Bear Lake-based StarGazers … Continue reading

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County’s real-estate fraud unit sees 40-percent year-over-year jump in investigations

     Over the last few years, the real-estate fraud unit of the San Bernardino County District Attorney’s Office has seen a 40-percent year-over-year increase in residents claiming to be fraud victims.      The unit’s most-recent buzz: foreclosure fraud investigations.      … Continue reading

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Basin Water Inc plans to dodge Nasdaq stock delisting

     Wastwater services company Basin Water Inc. (Nasdaq: BWTR) said on Wednesday that it will request a hearing with Nasdaq stock exchange officials so it can postpone a scheduled Monday stock delisting.     The request ensures that shares will stay listed … Continue reading

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