Victor Valley's Latest Real Estate News & Information
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APNewsBreak: Consumers Energy to stop burning coal by 2040

TRAVERSE CITY, Mich. (AP) — Consumers Energy will phase out electricity production from coal by 2040 to slash emissions of heat-trapping gases that cause global warming, the Michigan utility’s president and CEO told The Associated Press.

The utility plans to generate 40 percent of its power from renewable sources such as wind and solar energy by then, Patti Poppe said in an interview ahead of the public announcement Monday. She said the utility will also will rely on natural gas, hydropower and improved efficiency to meet customer needs.

Consumers Energy and DTE Energy Co., which supply most of Michigan’s electricity, are

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Original Article: https://www.ocregister.com/2018/02/19/apnewsbreak-consumers-energy-to-stop-burning-coal-by-2040/
Date: 1519080666

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Fountain Valley homebuying drops 23%: 13 facts to know

Fountain Valley’s housing market looked mixed in the fourth quarter with prices warming but sales fell.

CoreLogic statistics for the October-to-December period compared with the same period a year earlier, show these five trends for Fountain Valley’s homebuying …

1. 94 homes sold this year vs. 122 a year ago.

2. That’s a one-year sales decline of 23 percent vs. a countywide homebuying loss of 1.3 percent.

3. Median selling price this year of $738,500 vs. $707,375 12 months earlier.

4. That’s a price gain of 4.4 percent. The countywide median was $698,000, up 5.7 percent vs. the year-ago period.

5. The Fountain Valley 92708

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Original Article: https://www.ocregister.com/2018/02/17/fountain-valley-homebuying-drops-23-13-facts-to-know/
Date: 1518906761

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Commerce Dept. backs tariffs on imported aluminum and steel

WASHINGTON (AP) — The Commerce Department is urging President Donald Trump to impose tariffs or quotas on imported aluminum and steel, which it calls a national security threat.

The recommendations unveiled by Secretary Wilbur Ross Friday are likely to escalate tensions with China and other U.S. trading partners. Stepped-up foreign production of steel and aluminum, especially by China, has driven down prices and hurt American producers.

The Commerce Department is recommending tariffs on all steel and aluminum imports, higher tariffs on imports from specific countries or a quota on imports.

The measures are meant to increase U.S. production to 80 percent of

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Original Article: https://www.ocregister.com/2018/02/16/commerce-dept-backs-tariffs-on-imported-aluminum-and-steel-2/
Date: 1518819801

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Senate rejects bipartisan immigration plan and Trump’s, too

By ALAN FRAM and KEVIN FREKING

WASHINGTON — The Senate rejected both a bipartisan immigration plan and a more restrictive proposal by President Donald Trump on Thursday, suggesting the latest election-year debate on an issue that fires up both parties’ voters will produce a familiar outcome: stalemate.

Facing a White House veto threat and opposition from the Senate’s GOP leaders, the chamber derailed a plan by bipartisan senators that would have helped 1.8 million young immigrant “Dreamers” achieve citizenship. It also would have doled out $25 billion for Trump’s coveted wall with Mexico and for other border security measures, but it

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Original Article: https://www.ocregister.com/2018/02/15/bipartisan-immigration-pact-among-several-senate-proposals/
Date: 1518733063

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California rents have risen to some of the nation’s highest. Here’s how that impacts residents

California’s population is growing faster than builders can add housing, driving up rents. Incomes, meanwhile, aren’t keeping up. As a result, it takes three full-time minimum-wage incomes to afford a two-bedroom apartment. Here’s how rising rents are affecting the state and, in particular, Southern California.

Related: Southern Californians scrimp to get by as average rents hit $1,900

Rising rent

Los Angeles County apartment rents increased almost $500 a month, or 34 percent, in the last seven years, Reis Inc. figures show. In Orange County, rents increased $355 a month, while in the Inland Empire they’re up $266 a month. More than

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Original Article: https://www.ocregister.com/2018/02/15/california-rent-rates-have-risen-to-some-of-the-nations-highest-heres-how-that-impacts-residents/
Date: 1518732831

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Southern Californians scrimp to get by as average rents hit $1,900

Those tiny candy hearts with Valentine’s Day sayings have 170 years of history

They may not be top of mind this Valentine’s Day, but you’ll likely see them scattered around tables and in dishes next to the flowers, candy and other Valentine’s gifts that are given out this year.

We’re talking about Sweethearts , and yes that’s their official name although they’re also referred to as conversation hearts. They’ve seemingly been around forever. And as and it turns out, there’s an interesting history behind these sugary treats that dates back to 1847.

A candy-making machine

That’s when Boston pharmacist Oliver Chase was looking to get in on the apothecary lozenge

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Original Article: https://www.ocregister.com/2018/02/13/those-tiny-candy-hearts-with-valentines-day-sayings-have-170-years-of-history/
Date: 1518558766

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Amazon slashes hundreds of Seattle jobs in rare cutback

Amazon is cutting hundreds of jobs at its headquarters in Seattle, paring back older departments focused on selling goods online while hiring in newer lines of business like cloud computing and its Alexa platform.

The reductions are part of a broader reorganization at the company, but some see the moves as a shift toward using more robots and computers for functions once performed by humans.

Amazon is automating tasks such as forecasting demand for new products and negotiating their prices, said Michael Lagoni, chief executive officer of Stackline, an e-commerce data analytics firm that helps brands and manufacturers sell on Amazon.

0213-BUS-AMAZON-JOBCUTS-01
Amazon

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Original Article: https://www.ocregister.com/2018/02/12/amazon-slashes-hundreds-of-seattle-jobs-in-rare-cutback/
Date: 1518471653

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Air bag danger: Ford, Mazda add 35,000 pickups to do-not-drive list

Ford and Mazda are adding more than 35,000 pickup trucks in North America to a list of vehicles that should not be driven because they have Takata air bag inflators with a high risk of exploding.

The warning includes 33,428 Ranger and 1,955 Mazda B-Series small pickups from 2006 model year, according to both companies. Ford, which made the B-Series for Mazda, found test results showing that the trucks had inflators that ruptured or recorded high internal pressure readings, spokeswoman Elizabeth Weigandt said Monday.

The companies and the U.S. National Highway Traffic Safety Administration said dealers will tow the pickups to

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Original Article: https://www.ocregister.com/2018/02/12/air-bag-danger-ford-mazda-add-35000-pickups-to-do-not-drive-list/
Date: 1518471586

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U.S. stocks jump, send Nasdaq higher for the year; Dow rebounds

U.S. stocks surged, with financial markets showing signs of recovery after the worst week in two years for American equities.

The 10-year yield fell back from the four-year high hit earlier Monday as the dollar slipped. The Nasdaq Composite Index turned positive for 2018, with the Dow Jones Industrial Average and the S&P 500 now down less than 1 percent since the end of December. Stocks and bonds have been in a tug-of-war since a blowout jobs report early this month sent Treasury yields spiking, raising the specter of higher interest rates to come.

The Cboe Volatility Index fell as the

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Original Article: https://www.ocregister.com/2018/02/12/u-s-stocks-jump-send-nasdaq-higher-for-the-year-dow-rebounds/
Date: 1518471564

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