Friday, July 31, 2015 – 05:00 p.m.

The Lou Desmond and Company Show is broadcasting from the Toyota of San Bernardino Recording Studios!

Tonight on the show, Ed Hoffman, owner of Wholesale Capital Corporation joins Lou on the show. They discuss San Bernardino’s decision to spend the bankrupt city’s funds on a redundant program, SBETA. Also, should we speech $9 billion to save the Salton Sea?

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Friday, July 31, 2015 – 09:00 a.m.

We’ve been writing about the slow decline of the local newspaper business in the Inland Empire for some time now.

Irrespective of the fact that data reflects print circulation is no longer sufficient to reach a broad base of San Bernardino County residents, “The Sun” newspaper needs to change it’s name to “The Apologist”.

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Friday, July 31, 2015 – 08:00 a.m.

If the Washington D.C. political establishment, which is now all lathered up over billionaire candidate Donald Trump’s rise in the polls, is in a panic, just wait until Thursday.

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UC Riverside researchers call for better pay and health care for warehouse workers.

Published: July 30, 2015 – Updated: 11:02 p.m.

• Average hourly pay for blue-collar warehouse employee: $10.05
• Employed through temporary staffing agency: 63 percent.
• Average length of employment: 28 months.

While Inland cities are increasingly looking to the logistics industry for economic growth, two recent studies by University of California, Riverside researchers say the mainly blue-collar employees who work at warehouses are paid poorly and lack proper access to health care.

To read expanded article by Imran Ghori in The Press-Enterprise, click here.

Markets | Fri Jul 31, 2015 – 9:21am EDT
WASHINGTON | By Lucia Mutikani

U.S. labor costs in the second quarter recorded their smallest increase in 33 years amid tepid gains in the private sector, but it likely was a temporary setback against the backdrop of diminishing labor market slack.

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Valero Energy said operating income from its two California refineries soared to $295 million in the second quarter, or more than 11 times the $24 million earned a year earlier. (Christina House / For The Times)

By Ivan Penn
July 30, 2015

California’s sky-high gasoline prices translated into a big second-quarter profit for refiner Valero Energy Corp.

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Water & Drought
By Phillip Reese and Dale Kasler
preese@sacbee.com
July 30, 2015

• June was first month to count toward mandated conservation targets
• Sacramento-area water agencies cut use about 35 percent
• Sixteen water agencies statewide missed their conservation target by at least 15 percentage points

California residents reduced their water use 27 percent in June, beating a state-mandated target during the crucial first month of summer, according to figures released Thursday by the State Water Resources Control Board.

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