Cathedral City Sizzler closes again
The Sizzler restaurant in Cathedral City has closed its doors once again.
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The Sizzler restaurant in Cathedral City has closed its doors once again.
Stuart Anderson, successful cattle rancher, restaurateur, author, television personality and entrepreneur, is finding that a comeback at the age of 89 is turning out to be more challenging than he had expected.
Question: I want to print from my iPad 2 without using a computer, but I'm having difficulty. Are there any apps that can help me do this?
Business news from around the Coachella Valley...
PALM SPRINGS — When the first guests set foot in the Saguaro Hotel today, they will see a $10 million renovation of the resort that gained architectural fame as a Holiday Inn.
In the most impressive surge for the job market since early last year, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years.
LOS ANGELES — A Southern California woman took Honda to small-claims court and won in a big way.
In the future, smart meters and and a more efficient, high-tech grid will allow consumers not only to see how much energy they use, but also to tap into information on hourly, wholesale power prices to help them lower their bills.
Facebook's much-hyped initial public offering promises to be an exciting spectacle when the social media giant goes public this spring. But should you update your status to “shareholder”?
WASHINGTON — Ben Bernanke defended the Federal Reserve's decision to hold interest rates at record-low levels for the next three years, during a contentious hearing before federal lawmakers.
Business news and notes from across the valley and beyond...
In the future, smart meters and and a more efficient grid will not only allow consumers to see how much energy they use, but also tap into information on how much their power costs on an hour-by-hour basis to help them manage their energy use and lower their bills, Federal Energy Regulatory Commission head Jon Wellinghoff says.
Skechers' move to a giant Moreno Valley shoe distribution hub resulted in a net loss of jobs in the Inland Empire.
The Clean-Tech Investors Summit kicked off in Indian Wells Wednesday with chairman Ira Ehrenpreis issuing a call to action — for continued innovation and investment in the field to counter the ongoing absence of a national energy policy in the U.S.
DALLAS — The parent of American Airlines wants to eliminate about 13,000 jobs — 15 percent of its workforce — as the U.S.'s third-biggest airline remakes itself under bankruptcy protection.
NEW YORK — Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.
Putting meat on the bones of a State of the Union pledge, President Barack Obama on Wednesday unveiled a controversial plan to help homeowners who are current on their mortgage payments refinance their mortgages into federally insured loans at today's extremely low rates.
DETROIT — U.S. auto sales are off to a strong start this year, continuing their brisk pace from late 2011.
The Clean-Tech Investors Summit kicked off in Indian Wells today with chair Ira Ehrenpreis issuing a call to action — for continued innovation and investment in the field.
DALLAS — American Airlines wants to cut labor costs by 20 percent and eliminate 12,000 to 14,000 jobs at the nation’s third-biggest airline.
The Palm Springs area ABC affiliate, KESQ-TV News Channel 3, has acquired CBS affiliate KPSP Local 2 News, forming a single company that will continue to operate both television stations.
About 5 percent of California's electricity is now generated by wind power.
Hundreds of top-level venture capitalists and company executives focused solely on clean-tech investment are in the Coachella Valley this week, but they may not consider the region's abundant sun, wind and geothermal resources for their next big opportunity.
LONDON — Unemployment across the 17 countries that use the euro ended 2011 at a record high, official figures showed a day after EU leaders acknowledged they would have to boost economic growth with the same urgency that they had shown in combating their nations' debts.
NEW YORK — In its quest to spread its stores around the world, Apple is reaching over the Atlantic to snatch the CEO of a British electronics chain to head its retail operations.
NEW YORK — Facebook founder Mark Zuckerberg turns up at business conventions in a hoodie. “Cocky” is the word used to describe him most often, after “billionaire.” He was Time's person of the year at 26.
NEW YORK — It's the best start for stocks in 15 years.
Business news and notes from across the valley and beyond...
KPSP Local 2 has been sold to the owners of KESQ News Channel 3, and the Palm Springs area television stations will merge into one media operation, KESQ announced Tuesday. The two television stations will continue to operate separately, but there were staff cuts to operate more efficiently, a KESQ executive said.
Realtors across the Palm Springs area capped off 2011 with an 11.5 percent year-over-year increase in home sales during December, even as sales tumbled in much of the inland region.
NEW YORK — Everyone in the retail world wants to see if Ron Johnson can work his magic a third time.
WASHINGTON — Americans' income rose in December by the most in nine months, a hopeful sign for the economy after a year of weak wage gains. But consumers didn't spend any more than they had in November.
BRUSSELS — All European Union countries except Britain and the Czech Republic agreed Monday to sign a new treaty designed to stop overspending in the eurozone and put an end to the bloc's crippling debt crisis, while EU leaders also pledged to stimulate growth and employment.
NEW YORK — Wendy's new CEO on Monday called the dour results of the past few years “self-inflicted wounds” and vowed to do better, laying out plans that included hiring top-tier workers and reclaiming market share from higher-end competitors like Five Guys and Smashburger.
Business news and notes from across the valley and beyond...
Hal Griffith, owner of The Crab Pot Restaurant & Bar in Rancho Mirage, had an extra room at the eatery and wanted to come up with something that would pay tribute to the fishermen of the Northwest and Alaska who provide much of the fresh fish he serves.
Following a deep recession that saw multiple banks based in the Palm Springs area merge or go under, Palm Desert National Bank is the last local bank standing.
In this weekly feature, The Desert Sun spotlights valley firms performing good deeds. Here the focus is on vacation-oriented businesses stepping up to make a difference in the community.
2011 is shaping up as the year of the $50-million-plus CEO.
Brief news items about business in Palm Springs and the rest of the Coachella Valley.
Your Business, Your News includes notes on job changes, openings and movings, philanthropy and recognition for Palm Springs area people and businesses.
A look at upcoming meetings, conferences and conventions in Palm Springs and the rest of the Coachella Valley.
The American economy may not be truly healthy yet, but it's healing. The 2.8 percent annual growth rate reported Friday for the fourth quarter was the fastest since spring 2010 and was the third straight quarter that growth has accelerated.
There's nothing that could make residents of places such as Washington, Oregon or Montana feel better about how their states are being run than to be plunked down for a few weeks in California and get an amusing and bemusing look at the dysfunctional workings of the nation's most populous state.
Wall Street is about to get Facebook fever. The social networking giant with nearly 1 billion users is expected to file papers any day now to sell stock to the public.
Museum official takes extended leave, Vegas party to follow Palm Springs event ...
You know what it's like to feel harassed. There's someone who just won't leave you alone. It seems like they're always there with a snide comment or mean statement.
Experts say recent home sales figures show the Palm Springs area housing market has busted out of a funk, and that a modest recovery will continue.
Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers.
A lineup of top clean-tech government and business leaders is expected for the 8th annual Clean-Tech Investor Summit Wednesday and Thursday at the Renaissance Esmeralda Resort and Spa in Indian Wells.
Morris Beschloss' Blog
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