Broad was the first person to develop two Fortune 500 companies in different industries. Forbes estimated Broad's net worth at $6.7 billion two years ago.LOS ANGELES Tributes were pouring in Saturday for businessman, philanthropist and art collector Eli Broad, who died Friday at the age of 87.
Broad...

https://www.ocregister.com/2021/05/01/la-remembers-eli-broad-businessman-philanthropist-dead-at-87/

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A brain trust, as New York Times reporter James Kieran called it at the time, was responsible for helping President Franklin Roosevelt decode problems and design new solutions for America that aided the countrys recovery.If you are an entrepreneur or a small business owner, you are accustomed to ...

https://www.ocregister.com/2021/05/02/business-owners-whos-part-of-your-brain-trust/

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Federal data shows California is keeping an unusually high portion of the child support payments more than 3 times the national average, paying itself first at the expense of the very children its supposed to be looking out for.Half of Stacy Estes pay disappears every month before it hits his bank ...

https://www.ocregister.com/2021/05/04/california-keeps-millions-in-child-support-while-parents-drown-in-debt/

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The Biden administration announced the allocation of $21.6 billion in emergency rental assistance to help prevent evictions of people who lost jobs during the pandemic.By MARTIN CRUTSINGER | Associated Press
The Biden administration announced the allocation of $21.6 billion in emergency rental ...

https://www.ocregister.com/2021/05/07/administration-allocates-21-6-billion-in-rental-assistance/

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More than 150 titles -- ranging from pop, soul and rock to country, folk and jazz -- will be available, with new selections popping up each day.Tapping into a growing trend where old is new again, Walmart will host its first online Vinyl Mania Week beginning Monday, May 10 with exclusive and limited...

https://www.ocregister.com/2021/05/07/walmart-to-host-its-first-online-vinyl-mania-week/

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What might be seen as "negative" trends could actually be evidence foreshadowing an economic recovery from the pandemic's business smackdown.Whats feels like bad news for your wallet may actually be good news for Californiaseconomy.
As the year started, I concluded in a column that ...

https://www.ocregister.com/2021/05/09/why-californias-economy-needs-more-bad-news/

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As investors, we can learn from the red flags that Madoffs clients experienced, but for some reason, chose to ignore.Bernie Madoff died quietly in prison last month at the age of 82. His name may have faded from the headlines, but he will be remembered as the infamous architect of an epic securities...

https://www.ocregister.com/2021/05/09/how-did-bernie-madoff-swindle-so-many-how-to-be-an-informed-investor/

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The controversial project would provide much wetlands funds, but many environmentalists remain opposed.Among attributes of the controversial Poseidon desalination plant proposed for Huntington Beach is the $1.5 million or so it would spend annually to keep the tidal inlet open at the Bolsa Chica ...

https://www.ocregister.com/2021/05/11/3-environmental-groups-take-3-positions-on-poseidon-water-desalination-plant/

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Jumbo mortgage lenders are now financing smaller loans, but without Fannie Maes fees.Investors have truckloads of cash desperately looking to find the safest and highest yields. Afterall, the Overnight Bank Funding Rate, or the cost of funds, is near zero, according to the New York Fed.
For decades...

https://www.ocregister.com/2021/05/13/fannie-and-freddie-face-price-competition-from-mortgage-investors/

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This year is far from typical as for-sale inventory trends downward, rather than building up.Most sellers think that the summer is the best time to put your house on the market.
Typically, thats not the case. Most buyers are already in escrow before summer begins.
In a typical Southern ...

https://www.ocregister.com/2021/05/13/rules-for-home-buying-changing-as-number-of-homes-for-sale-fall/

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SURVEY: California and 12 Southern California governments have begun disbursing federal rental assistance. Have you been able to get it? Please take our survey.California and 12 Southern California governments have begun disbursing federal rental assistance, with much more aid on the way.
Have you ...

https://www.ocregister.com/2021/05/14/have-you-been-able-to-get-rental-assistance/

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A 2018 Pew Research Center survey of U.S. adults found that 41% of Americans have experienced some form of online harassment in at least one of the six key ways that were measured -- physical threats, stalking, sustained harassment, sexual harassment, offensive name-calling and purposeful ...

https://www.ocregister.com/2021/05/03/how-workplace-investigations-have-pivoted-amid-wfh-pandemic/

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A year ago, 3.5 million moms with school-age children withdrew from the workforce. Working Wardrobes is looking to help get women into better jobs using new IT skills. In 1990, Jerri Rosen was helping women find jobs and independence after they left violent domestic relationships.
Thirty years later...

https://www.ocregister.com/2021/05/16/how-working-wardrobes-is-helping-women-out-of-the-she-cession/

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A new review of Johnson & Johnson Covid-19 vaccine safety monitoring data finds that only 3% of reported reactions after receiving the vaccine are classified as serious.By Jacqueline Howard and Virginia Langmaid | CNN
A new review of Johnson & Johnson Covid-19 vaccine safety monitoring data finds ...

https://www.ocregister.com/2021/04/30/cdc-most-jj-vaccine-side-effects-are-nonserious-17-cases-of-blood-clot-condition/

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It's the second-highest reading in data back to 2007 topped only by April 2018's score and comes after a 26% one-month gain and a 80% gain over 12 months.California consumers are feeling near-record optimism as the state appears to be beating back the pandemic that crushed the economy.
The ...

https://www.ocregister.com/2021/04/30/california-consumer-confidence-nears-all-time-high/

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Some are adapting quickly to circumstances brought on by policy changes. Others are slow to transform.Like most other professions and services, real estate agents evolve with changing times.
COVID-19 and the need to quarantine and limit person-to-person contact has caused a plethora of changes, ...

https://www.ocregister.com/2021/05/06/pandemic-creating-new-rules-for-agents-sellers-and-buyers/

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In the darkest days of 2009-2011, sellers were at a disadvantage. Not anymore!I read with great interest last week, Leslie Eskildsens column on a relatively new residential listing class known as Registered Status.
If your unfamiliar as was I here are the Clif notes. A seller hires a broker to sell ...

https://www.ocregister.com/2021/05/01/do-buyers-stand-a-chance-in-this-heated-real-estate-market/

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Waterford and CSDA will be able to lower rents for qualified new residents making between 80% and 120% of the area's median income.Newport Beach-based Waterford Property Co., in partnership with the California Statewide Communities Development Authority, has acquired a 507-unit apartment complex ...

https://www.ocregister.com/2021/04/30/newport-beach-firm-will-convert-300-million-apartment-complex-to-workforce-housing/

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In fact, 50 of the 52 categories tracked by the data provider are more expensive than a year ago, with only butter and milk holding essentially flat while everything around them skyrockets. By Leslie Patton | Bloomberg
The higher prices food makers have been warning about for months have hit U.S. ...

https://www.ocregister.com/2021/05/06/why-just-about-everything-costs-more-at-grocery-stores/

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Southern California theme parks, restaurants and other retail outlets are scrambling to fill openings as COVID-19 restrictions loosen and the summer season approaches. Many employers, struggling to find enough workers amid a reawakening economy, are offering higher wages and incentives to lure new ...

https://www.ocregister.com/2021/05/09/the-hiring-scramble-is-on-theme-parks-restaurants-struggle-to-find-workers/

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Amending CC&Rs usually takes a supermajority, so a good idea isnt enough it still needs widespread support. A great proposed amendment is meaningless if the homeowners will not vote for it.Amending CC&Rs is not easy. Here are some tips to avoid making it harder.
1. Check with the members. Amending ...

https://www.ocregister.com/2021/04/30/hoa-homefront-be-ready-when-amending-the-ccrs-its-hard-enough/

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Low interest rates, rising consumer confidence and improved jobs numbers are boosting homebuyer demand amid a tight supply of homes for sale, CoreLogic reported. Southern California house prices logged their biggest gains in seven years in March, as buyers trying to lock in historically low mortgage...

https://www.ocregister.com/2021/05/04/regions-house-prices-jumped-9-16-in-march-biggest-gain-in-7-years/

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The 112-year-old venue will operate at a reduced capacity, down from a maximum number of 540 to closer to 100 attendees, and the club will initially broadcast videos of performances rather than jumping back into live performances, though plans for being performers back in-person are certainly in the...

https://www.ocregister.com/2021/05/04/historic-magic-club-set-to-reopen-for-members-after-covid-19-hiatus/

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The landmark move affirms the company's decision to suspend Trump in January after the US Capitol riots. However, the board said Facebook must review the decision within six months.By Brian Fung | CNN Business
Facebook can keep blocking former President Donald Trump from using its platform, the ...

https://www.ocregister.com/2021/05/05/facebook-oversight-board-upholds-donald-trumps-suspension-from-the-platform/

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The milestone achievement paves the way for more ambitious tests of a rocket that founder Elon Musk envisions as a future workhorse for trips to the moon and Mars.
SpaceXs Starship SN-15 prototype takes off from a launchpad in Boca Chica, Texas, on Wednesday, May 5, in the first successful complete...

https://www.ocregister.com/2021/05/05/after-series-of-mishaps-hawthorne-based-spacex-successfully-lands-starship-sn-15-prototype/

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SoFi Stadium announced Thursday it will be hosting a series of in-person job fairs to fill more than 3,000 part-time, event-day positions. The 70,000-seat stadium which can be expanded to 100,000 seats for special events, such as next years Super Bowl is working with partners ...

https://www.ocregister.com/2021/05/06/sofi-stadium-is-looking-to-fill-3000-part-time-positions/

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Women manage five of the eight Amazon Fresh stores in Southern California.Amazon Fresh grocery store managers Meyali Plascencia and Louisa Van like to say they lead by example.
And they demonstrated as much.
Masked and standing apart, the lively duo both immigrants, mothers and college grads with ...

https://www.ocregister.com/2021/05/07/meet-the-women-running-socals-new-amazon-fresh-stores/

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"The pandemic catalyzed incredible interest in learning guitar all around the world," says Ed Magee, Fender's executive vice president of operations "With that spike in interest comes growing demand for instruments to play."Fueled by increased product demand,Fender Musical Instruments Corp. is ...

https://www.ocregister.com/2021/05/07/fueled-by-pandemic-fender-expands-instrument-making-in-corona/

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Chipotle Mexican Grill Inc. is raising its average wage to $15 an hour as it moves to hire 20,000 workers across the U.S., joining a growing number of companies reconsidering worker pay amid widespread labor shortages.By Kim Bhasin | Bloomberg
Chipotle Mexican Grill Inc. is raising its average wage ...

https://www.ocregister.com/2021/05/10/chipotle-raises-average-hourly-wage-to-15-amid-labor-crunch/

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As McDonalds prepares to welcome more customers back for in-person dining, franchisees are gearing up to hire thousands of workers in Southern California. But the competition to snag those employers will be fierce.After a year of lockdowns and COVID-19 restrictions, burger chains and other business ...

https://www.ocregister.com/2021/05/11/mcdonalds-looking-to-hire-thousands-across-southern-california/

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