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Business

  • Top Business News
  1. Two Bunch Palms Resort and Spa in Desert Hot Springs, including this grotto fed by mineral hot springs, has been sold after two years in receivership. Richard Lui, The Desert Sun

    DHS resort sold to Hollywood high-rollers

    Two Hollywood high-rollers who recently bought Grauman’s Chinese Theatre in Hollywood have joined a new investment group that has bought Two Bunch Palms Resort & Spa, the exclusive Desert Hot Springs hotel long a film industry favorite.

    • 9:01 AM
  2. COD seeks businesses for career, job fair

    College of the Desert is seeking business participants for its sixth annual Career and Job Fair.

    • 1:02 AM
    • BUSINESS /

    Dow crosses 13,000 for first time since 2008

    The Dow Jones industrial average crossed 13,000 on Tuesday for the first time since May 2008, when the Lehman Brothers investment bank was solvent, unemployment a healthy 5.4 percent and the worst of the Great Recession months ahead.

    • Feb. 21, 2012
  3. Gas prices in Riverside, San Bernardino counties rise 26 cents in two weeks

    The average price of a gallon of self-serve regular gasoline in the Inland Empire reached its highest amount since May 27 on Monday, increasing seven-tenths of a cent to $4.034.

    • Feb. 21, 2012
  4. Andy Gibbs — whose intellectual property business recently attracted the attention of Microsoft — is among a group of entrepreneurs taking advantange of the innovative new Coachella Valley Economic Partnership and Coachella Valley iHub. Wade Byars, The Desert Sun

    Planting seeds of success

    When Andy Gibbs began pitching Duty 1, the Vietnam-era veteran was branded a dreamer. But the founder of Veterans Business Institute was given a cubicle in the Rabobank Regional Business Center — one of many old city jail cells the Coachella Valley Economic Partnership and Coachella Valley iHub retrofitted for budding entrepreneurs — and went to work.

    • Feb. 18, 2012
  5. Hostess Tabby Tomerlin checks in guests for Tuesday's ribbon-cutting ceremony at Star View Restaurant in Palm Springs. Debra Gruszecki, The Desert Sun

    All About Business: Tahquitz Canyon Way all the rage

    Tourists are taking to Tahquitz Canyon Way in bigger numbers, due in large part to the opening of Star View Restaurant and lineup of new retail businesses between Indian and Palm Canyon drives.

    • Feb. 18, 2012
    • BUSINESS /
    Wells Fargo Foundation presents a check for 300,000 in support of the new art museum opening in Palm Desert in March. (From left) Arlene Amick, general manager of Palm Springs Art Museum in Palm Desert; Gary Hall, Wells Fargo executive; and Lisa Vossler-Smith, Palm Springs Art Museum senior director of administration and operations. Submitted photo

    Local banks show interest in Palm Desert art museum branch

    In this weekly feature, The Desert Sun spotlights valley firms performing good deeds. Here the focus is on two local banks supporting a new art museum.

    • Feb. 18, 2012
  6. Taxes vex same-sex couples

    Few taxpayers look forward to tax season, but the annual obligation is particularly laborious for tens of thousands of same-sex couples who live in states that recognize gay marriage or civil unions.

    • Feb. 18, 2012
  7. Rabbi Hershy Spitz (left) and Mobile Farming Systems CEO Richard O'Connor plan to work together to build semitrailers that grow hydroponic plants to grow kosher produce. Marilyn Chung, The Desert Sun

    Mobile Farming Systems sowing seeds of new agriculture technology company

    Richard O'Connor comes across like a whiz-kid in a vegetable store, passionate about the hydroponic grow system business he is incubating. Called Mobile Farming Systems, O'Connor as CEO and an investment team are sowing the seeds of a new agriculture technology company.

    • Feb. 18, 2012
  8. Duty1.com catches Microsoft's attention

    Andy Gibbs was told it couldn't be done when he founded the Veterans Business Institute and offered draft language for a GI Bill that Congress is mulling to help veterans apply their educational benefits toward a start-up business.

    • Feb. 18, 2012
  9. Seismic Warning Systems on the verge of going national

    Seismic Warning Systems Inc., one of the first companies to settle into the new Coachella Valley iHub in November, is on the verge of going national.

    • Feb. 18, 2012
    • BUSINESS /
    Bob Richmond, a sales representative with Divvali USA, uses an infrared thermometer to measure the heat from a light-emitting diode (LED) bulb. Wade Byars, The Desert Sun

    Divvali chooses Palm Springs area as first U.S. market

    Getting consumers to switch from regular light bulbs to LED bulbs requires more than unscrewing one and replacing it with another, said Lisa Olson, sales and marketing general manager of Divvali USA. The Canadian LED company chose the Palm Springs area as its first U.S. market.

    • Feb. 18, 2012
    • BUSINESS /

    Export workshop set for Wednesday

    The workshop “Pricing Your Products and Shipping for Export” will be held from 8 to 11 a.m. Wednesday at the Rabobank Regional Business Center in Palm Springs.

    • Feb. 18, 2012
  10. SCORE workshop to be held Wednesday

    SCORE, the national nonprofit that counsels small businesses and entrepreneurs, will hold a workshop titled “Is Your Business Idea a Good One?” from 6 to 8:30 p.m. Wednesday.

    • Feb. 18, 2012
    • BUSINESS /

    'Wine Essentials' class next Sunday

    A new monthly wine education series called “Wine Essentials” featured at Cooking with Class delves into wines of the Pacific Northwest from 5-6:30 p.m. on Feb. 26.

    • Feb. 18, 2012
    • BUSINESS /

    Indian Wells chamber mixer set for Tuesday

    The Indian Wells Chamber of Commerce will hold a Mixer Night at the Stir Lounge at the Renaissance Esmeralda Resort & Spa at 5:30 p.m. Tuesday.

    • Feb. 18, 2012
    • BUSINESS /

    Your Business, Your News for Sunday, Feb. 19

    Your Business, Your News includes notes on job changes, openings and movings, philanthropy and recognition for Palm Springs area people and businesses.

    • Feb. 18, 2012
  11. Thousands of drivers were stranded for hours on a 21-mile stretch of Interstate 10 on Sunday as Caltrans shut down  westbound lanes for concrete repairs. A tourism group on Friday said it will take steps to set up a system to alert visitors of such traffic problems. Xochitl Peña, The Desert Sun

    CVA eyes traffic alert plan

    Following Sunday's I-10 traffic quagmire, a Coachella Valley tourism group on Friday said it will take steps to set up a system to alert visitors.

    • Feb. 17, 2012
  12. Kim Komando: A better way to delete files

    Most people don't realize that when files are deleted, they aren't really gone.

    • Feb. 17, 2012
    • BUSINESS /

    Views from the Northwest: SVP seeks to expand its reach

    Social Venture Partners, the Seattle organization that describes itself as the world's largest network of engaged philanthropists, approaches its 15th anniversary with a couple of major initiatives about to unfold.

    • Feb. 17, 2012
    • BUSINESS /
    Rowell Yang Long-san, chairman and CEO of Proview International Holdings Ltd., speaks at a press conference Friday in Beijing to disclose information on the legal battle against Apple Inc. over the iPad name in China. The Associated Press

    Apple faces iPad trademark issue

    Chinese officials face a choice in Apple's dispute with a local company over the iPad trademark — side with a struggling entity that a court says owns the name or with a global brand that has created hundreds of thousands of jobs in China. Experts say that means Beijing's political priorities rather than the courts will settle the dispute if it escalates.

    • Feb. 17, 2012
    • BUSINESS /

    DreamWorks to build Shanghai studio

    DreamWorks Animation and state-owned Chinese media companies announced Friday a deal to build and run a studio in Shanghai.

    • Feb. 17, 2012
    • BUSINESS /
    Creighton Chaney, left, and his father Ron are surrounded by movie posters and masks of actor Lon Chaney and his son Creighton, also known as Lon Jr., in the Cathedral City office of Chaney Entertainment. The younger Creighton, a Xavier Prep High School baketball player, is the great-great grandson of Lon Chaney. Wade Byars, The Desert Sun

    Chaney families foster business with their fame

    The Chaney families of Cathedral City and Palm Springs continue to foster the legendary legacy of horror film icons Lon Chaney and his son, Creighton, aka Lon Jr., through Palm Springs-based Chaney Entertainment.

    • Feb. 17, 2012
    • BUSINESS /

    Burgers & Beer restaurants to hold job fair Monday

    Burgers & Beer restaurants will hold a job fair at 8 a.m. Monday to hire about 100 workers for its new restaurant in La Quinta that plans to open in mid-March.

    • Feb. 17, 2012
    • BUSINESS /

    La Quinta Resort & Club hires Rick Blackburn

    Rick Blackburn, a former director of intermediary sales for Marriott International's global services organization, has been hired by La Quinta Resort & Club and PGA West as executive director of sales and marketing.

    • Feb. 17, 2012
    • BUSINESS /

    Coachella Valley foreclosures continuing to fall

    Foreclosures and the volume of distressed home sales both continued to drop in January across the Coachella Valley, but analysts expect the trend could reverse course in the months ahead.

    • Feb. 17, 2012
    • BUSINESS /

    Local effort keeps firm from moving

    PALM SPRINGS — Attune RTD, a research and development company that markets smart-meter energy technology, on Thursday announced it is not packing its bags for Texas.

    • Feb. 16, 2012
    • BUSINESS /

    Agua Caliente receive federal funds for wind-solar project

    The Agua Caliente Band of Cahuilla Indians today received $214,415 in federal funds to help develop a joint wind-solar energy project on tribal land.

    • Feb. 16, 2012
    • BUSINESS /

    Foreclosures continue to drop off in the Coachella Valley

    Foreclosure activity fell 28 percent across the Coachella Valley in January compared to the same month a year ago, a new report shows.

    • Feb. 16, 2012
    • BUSINESS /
    A pensioner shouts slogans Tuesday during an Athens protest against the government's planned pension cut. AP Photo/Thanassis Stavrakis

    Bailout for Greece sees new setback

    BRUSSELS — Two steps forward, one step back. So goes the frenzied effort across Europe to bail out Greece and save it from a potentially devastating default on its debts.

    • Feb. 14, 2012
  13. Downtown Palm Springs gains Star View

    PALM SPRINGS— Chocolate- covered strawberries, pink champagne, sugar cookies and Palm Springs dignitaries turned out Tuesday for the official opening of the Star View Restaurant.

    • Feb. 14, 2012
    • BUSINESS /

    Chinese firm seeks to halt iPad traffic

    BEIJING — A Chinese company said Tuesday it will ask customs officials to ban imports and exports of Apple's iPads due to a dispute over ownership of the trademark.

    • Feb. 14, 2012
    • BUSINESS /

    5 states consider intervening in Honda hybrid suit

    SAN DIEGO — A judge on Tuesday granted California and four other states more time to consider objecting to a class-action settlement between Honda Motor Co. and car owners over inflated fuel-efficiency claims about the automaker's hybrid vehicles.

    • Feb. 14, 2012
    • BUSINESS /

    Coachella Valley business briefs for Wednesday, Feb. 15

    Business news and notes from across the valley and beyond...

    • Feb. 14, 2012
  14. Ribbon-cutting ceremony at Star View Restaurant

    PALM SPRINGS -- Chocolate-covered strawberries, pink champagne, sugar cookies and Palm Springs dignitaries turned out Tuesday for the ribbon-cutting ceremony of Star View Restaurant.

    • Feb. 14, 2012
  15. James Hanke, assistant general manager at Tinto at The Saguaro hotel in Palm Springs, says the new establishment procures unique ingredients from its suppliers. Omar Ornelas/The Desert Sun

    Iron Chef brings Basque tastes to new valley spot

    PALM SPRINGS — Tinto, the wine bar and restaurant at The Saguaro hotel, opened to the public Monday.

    • Feb. 13, 2012
    • BUSINESS /
    Sarah Ryan (left) and Shelby Knox of Change.org arrive Thursday at the Apple store at Grand Central in New York to deliver petitions asking Apple to change its manufacturing practices and to address criticism of worker conditions in China. AP file photo

    Apple's suppliers scrutinized

    Apple said Monday that an independent group, the Fair Labor Association, has started inspecting working conditions in the Chinese factories where its iPads and iPhones are assembled.

    • Feb. 13, 2012
  16. Prototype statement for mortgages on tap

    WASHINGTON — The Consumer Financial Protection Bureau this week will unveil a prototype for a new monthly mortgage statement for consumers designed to clearly show important information from their servicer.

    • Feb. 13, 2012
    • BUSINESS /

    U.S., EU OK Google's $12.5B plan to buy Motorola Mobility

    SAN FRANCISCO — Google's $12.5 billion acquisition of cell phone maker Motorola Mobility has won approvals from U.S. and European antitrust regulators, moving Google a major step closer to completing the biggest deal in its 13-year history.

    • Feb. 13, 2012
    • BUSINESS /

    Coachella Valley business briefs for Tuesday, Feb. 14

    Business news and notes from across the valley and beyond...

    • Feb. 13, 2012
  17. Blackburn named director of sales at La Quinta Resort & Club

    Rick Blackburn, previous director of intermediary sales for Marriott International's global sales organization, has been named executive director of sales and marketing for La Quinta Resort & Club and PGA West.

    • Feb. 14, 2012
    • BUSINESS /

    Apple says independent group investigating its Chinese factories

    NEW YORK — Apple said Monday that an independent group, the Fair Labor Association, has started inspecting working conditions in the Chinese factories where its iPads and iPhones are assembled.

    • Feb. 13, 2012

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