Business

Why This California Inland Empire City Is Considered the ‘Next Frontier’ for Industrial

A high desert city in California's Inland Empire is teeming with industrial development as Southern California's appetite for this type of real estate grows.

Despite market slump, high rates dim homebuyer affordability

Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season. The nation’s worst housing slump in nearly a decade stoked hope among prospective buyers that homes could be scooped up more easily.

Ohio sues Norfolk Southern over toxic train derailment

Ohio filed a lawsuit against railroad Norfolk Southern to make sure it pays for the cleanup and environmental damage caused by a fiery train derailment on the Ohio-Pennsylvania border last month, the state’s attorney general said Tuesday.

Silicon Valley Bank’s demise disrupts the disruptors in tech

Silicon Valley Bank’s collapse rattled the technology industry that had been the bank’s backbone, leaving shell-shocked entrepreneurs thankful for the government reprieve that saved their money while they mourned the loss of a place that served as a chummy club of innovation.

In 25 years, housing will look different in Inland Empire

The single-family house that symbolizes life in the Inland Empire will be alive and well 25 years from now. Anthony Orlando, a Cal Poly Pomona associate professor of finance, real estate and law, said he believes most people will still live in such homes.

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