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On-time deliveries shrinking during holidays
On-time delivery rates are shrinking fast this holiday season. On Dec. 1, the web site InternetRetailer.com reported that just under 93.5 percent of online buyers reported getting all items in their...
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Kings owner, Ranadive, to lead UC innovation fund
Vivek Ranadive Apparently owning and running the Sacramento Kings isn’t keeping Vivek Ranadive busy enough. The team owner, author and Silicon Valley entrepreneur has agreed to lead a fund intended to...
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Fed imposes first rate hike since 2006
WASHINGTON — The Federal Reserve, on Wednesday, raised interest rates for the first time since 2006. Policy makers voted 10-0 to raise rates from near zero, where they had been for nearly seven years,...
View ArticleCentral Valley’s unemployment rate up in November
The Central Valley’s unemployment rate rose slightly in November with San Joaquin, Stanislaus and Merced counties each registering increases ranging from 0.4 percent to 1.9 percent. San Joaquin County...
View ArticleEconomy slows, but still growing
WASHINGTON — The U.S. economy grew at an estimated 2 percent according to the Commerce Department’s latest GDP estimate, released Tuesday. Strong consumer and business spending helped offset efforts by...
View ArticlePort of Stockton adds SCB International
STOCKTON — SCB International has announced it will be taking over a four-acre site at the Port of Stockton. SCB International, a Group D’Amico company, is a leading global supplier of raw materials and...
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Red Robin coming to Stockton
STOCKTON — Fans of gourmet hamburgers in Stockton will soon have another option. Red Robin has confirmed that it will open a new restaurant in the city. The new venue will be at the corner of Pacific...
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Migration key to San Joaquin County growth
STOCKTON — San Joaquin County was the fastest growing county in California last year, according to a report from the California Department of Finance. As of July 1, the county’s population was 728,509,...
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San Joaquin County job growth expected to continue
Fritz Grupe, Jeffrey Michael, Scott Anderson and Bob Gutierrez answer questions at the Business Forecast Conference. STOCKTON — San Joaquin County will see its fourth consecutive year of 3-percent job...
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Wal-Mart closing 269 stores, worldwide
NEW YORK — In something of a rarity for a chain known for its bigger-is-better attitude, Wal-Mart is closing 269 stores, worldwide. More than half of the stores being closed are in the U.S. with...
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Holiday sales disappoint, lower than forecasts
CVBJ PHOTOShoppers visit a Christmas kiosk in Weberstown Mall during the holiday NEW YORK — Holiday shoppers flocked to the stores and online vendors, just not quite as much as retailers had hoped....
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Refinery issues minimize gas price drop in California
Gas prices haven’t just continued to fall, their decline has actually accelerated. Nationally gas prices are down seven cents per gallon on the week, which is the fastest pace gas prices have dropped...
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Homebuilders optimistic about 2016
LAS VEGAS — The coming year will see an increase in housing starts, the National Association of Homebuilders is forecasting. The organization shared its predictions Tuesday at its convention. The group...
View ArticleStock markets follow sinking oil prices
NEW YORK — The continued slide in oil prices and weakness in the Chinese market continued to weigh on stock market averages Wednesday. After dropping more than 550 points in early trading, a surge in...
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Survey ranks best jobs in 2016
Those planning to look for a new job in 2016 may want to consider data scientist, tax manager or solutions architect as possibilities. Those three professions rated as the three best jobs in the Unties...
View ArticleUnemployment picture improves despite monthly increase
SACRAMENTO — Unemployment rates rose across the Central Valley in December. San Joaquin County came in with the lowest rate at 8.8 percent, which was up slightly from 8.6 percent in November....
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Manteca ranks ninth on U-Haul’s list of growing cities
MANTECA — Manteca was named the ninth fastest growing city in 2015, according to The U-Haul Top 10 U.S. Growth Cities for 2015. The rankings are determined by the net gain of incoming one-way U-Haul...
View ArticleFed leaves interest rates unchanged
WASHINGTON — The Fed opted not to raise interest rates at its January meeting, Wednesday. The Fed issued a statement that said it was “closely monitoring global economic and financial developments,” a...
View ArticleReport predicts growth in local and state economies
STOCKTON — Both the state of California and San Joaquin County, in particular, can expect solid growth in 2016, according to the latest projection from the Center for Business and Policy Research at...
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Stockton, Tracy least expensive California cities
Stockton and Tracy are among the least expensive cities in California, but nationally, they’re still more expensive places to live than average, according to the latest study by the Council for...
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