Business financing workshop to happen in Montclair

San Bernardino County Workforce Invesment Board and Montclair city officials have announced a workshop to help business managers secure credit.

Eugene Valdez, senior vice president for Pacific Mercantile Bank, is scheduled to be the workshop’s facilitator.

The workshop is scheduled to begin with a 7:30 a.m. registration and continue until 11 a.m. Tuesday at Montclair Community Center Auditorium, 5111 Benito St.

For registration, click here.

Bank of America to host mortgage outreach event

Bank of America personnel are scheduled to meet with Inland Empire homeowners considering or in the process of loan modifications through the weekend.

The bank’s mortgage outreach event is scheduled to be open from 8 a.m. to 8 p.m. beginning Thursday and continuing through Saturday. The meetings will take place at Riverside Convention Center, 3443 Orange St.

Information: or 855-201-7426.

Victorville brokerage announces “dream team” hires

The Bradco Cos., a Victorville-based real estate brokerage, has hired two new executives with experience in the High Desert’s commercial real estate market.

The new hires are Nick DiCosola and Ron Barbieri, both of whom were founding members of Lee & Associates’ Inland Empire North office. DiCosola and Barbieri will hold the titles of principal and executive vice president at Brado Cos.

Barbieri will also co-edit the Bradco High Desert Report with Brado Cos. president Joseph Brady.



Ron Barbieri                                                                                  Nick DiCosola

Board of Equalization chairman wants to expand tax delinquency list

Jerome E. Horton, chairman of the California Board of Equalization, announced Tuesday that he is asking Gov. Jerry Brown to sign a bill that would expand the public tax delinquency list.

The list currently numbers 250 individuals or companies who owe taxes to the Board of Equalization, which collects sales and use taxes, or Franchise Tax Board, which collects income taxes.

A bill, A.B. 1424, would expand the list to 500 delinquent taxpayers and would suspend top tax debtors’ occupational, professional or driver’s licenses.

The state’s annual gap between taxes owed and those actually paid is estimated to be $6.5 billion, according to the Franchise Tax Board.

Furniture manufacturer coming to Victorville, plans to hire 400 people over four years

[United Furniture Industries, which produces furniture for the Simmons brand, is poised to take over a manufacturing and distribution facility near Southern California Logistics Airport in Victorville.

The Mississippi-based furniture company announced plans to quickly hire 100 people and to ramp up its payroll to some 400 employees over the course of 36 to 48 months. The company announced plans to hold a job fair in October.

“UFI will begin the process of local staff development in mid October. We plan to complete a soft opening of manufacturing and distribution operations in November. We expect our employment to exceed 100 people early in the first quarter of 2012,” United Furniture Industries spokesman Bob Cottam said in a statement.

The furniture company is set to lease a 505,192-square-foot facility from Stirling Capital Investments, which is the master developer for the Southern California Logistics Complex near the airport.

Joseph Brady of Bradco Cos. represented United Furniture Industries in the lease transaction. Jay Dick and Mark Latimer of CB Richard Ellis represented Stirling.

UC Riverside professors to study social media, happiness

UC Riverside marketing professors Donna Hoffman and Tom Novak
have received a $414,000 National Science Foundation grant to study
people’s use of social media and how it affects their happiness.

“Social media” refers to myriad Internet services, including
Facebook, Twitter, LinkedIn and Yelp, in which users make connections to
friends and businesses. Many businesses use social media to market
products and services.

“With social media invading our lives, we want to know why
people are using it and implications of that, particularly with regard
to people’s well-being and psychological health,” Hoffman said in a

Hoffman and Novak are co-directors of the Sloan Center of
Internet Marketing. They plan to survey thousands of web users over two
years for the study.

Netflix splits mail services into new brand called “Qwikster”

Netflix CEO Reed Hastings wrote in a letter to subscribers Monday that the company will split its DVD-by-mail service into a new service called “Qwikster.”

The company will continue to offer streaming video services under the Netflix moniker.
 The split follows a recent — and unpopular — price hike in which Netflix raised subscription fees for customers who pay for both DVD-by-mail and streaming video services.

The Qwikster name change is scheduled to happen in a matter of weeks. The company will use separate websites for both services, and Netflix plans to add video game rentals, for an extra fee, to Qwikster customers.

No additional pricing changes are planned, Hastings wrote.