Business News
Bureau of Labor Statistics report shows increased inflation in March
The U.S. Bureau of Labor Statistics (BLS) released their Consumer Price Index (CPI) summary for March 2024 with an overall increase of 0.4% Consumer Price Index for All Urban Consumers (CPIU).
By M. N. Tirado | Apr 19, 2024
Fantasy Springs Resort Casino to host Latin rock heavyweights Los Lobos, Los Lonely Boys
Fantasy Springs Resort Casino has announced that it will host two of the most prominent bands in the Latin music scene, Los Lobos and Los Lonely Boys, on August 3 at 8 p.m. The press release stated that tickets for the show start at $49 and can be purchased by contacting 827-2946 or logging onto www.FantasySpringsResort.com.
Latest News
Inaugural Coachella Valley Local Government Vendor Fair takes place in April
By Coachella Valley Times | Feb 15, 2024
The City of Palm Springs has announced the launch of the inaugural Coachella Valley Local Government Vendor Fair, scheduled for April. The event is designed to provide business owners with an opportunity to engage with local public agencies and understand the process of doing business with them.
Rising auto insurance costs linked to inflation, increased litigation
By Coachella Valley Times Report | Feb 15, 2024
Auto insurance costs have risen by 20.6% over the past year, significantly outstripping the overall inflation rate of 3.1%, according to the latest data from the U.S. Bureau of Labor Statistics (BLS).
Agua Caliente Casinos launches Pívat Cigar Lounge membership program
By Coachella Valley Times | Feb 15, 2024
Agua Caliente Casinos is gearing up to introduce its Pívat Cigar Lounge membership program, an event that will be celebrated today with a launch party at the Pívat Cigar Lounge.
City of Palm Springs and Oakview partner to transform historic theatre
By Coachella Valley Times | Feb 14, 2024
The City of Palm Springs has formalized a partnership with the Oakview Group to refurbish the historic Palm Springs Plaza Theatre into a venue for live music and entertainment. The restoration work is set to commence this spring.
Former MoviePass executive found guilty of embezzling to repay loan for Coachella festival expenses
By Coachella Valley Times | Feb 4, 2024
Khalid Itum, a 43-year-old former executive at cinema subscription service provider MoviePass Inc., has been found guilty by a jury of embezzling at least $260,000. The funds were used to repay money that he had borrowed to produce an event at the Coachella music festival. The verdict came after a three-day trial.
Business First Series returns to Palm Desert
By Coachella Valley Times | Jan 19, 2024
The Palm Desert Area Chamber of Commerce (PDACC), in collaboration with the City of Palm Desert, is set to revive the Business First Series. This initiative offers business professionals an avenue to seek answers to their queries about conducting business in Palm Desert.
Palm Springs International Airport smashes record with 3.2 million passengers in 2023
By Coachella Valley Times | Jan 11, 2024
Palm Springs International Airport (PSP) recently reported a record-breaking passenger traffic of over 3.2 million in 2023, marking the highest figure in its history. The airport anticipates another surge in passenger count for the current year.
Coachella Valley Economic Partnership's monthly Morning Insights forum to be held next week
By Coachella Valley Times | Jan 3, 2024
The Coachella Valley Economic Partnership (CVEP) has announced that its 2024 Morning Insights forum will commence next week, featuring a new roster of speakers and topics. The monthly event has also been relocated to a new venue.
Acadia Healthcare holds grand opening for its Coachella Valley Behavioral Health hospital
By Coachella Valley Times | Dec 22, 2023
Last week, Acadia Healthcare Company, Inc. celebrated the grand opening of its Coachella Valley Behavioral Health hospital in Indio with a ribbon-cutting ceremony. The hospital is expected to admit its first patients upon finalizing the necessary preparations.
Palm Springs International Airport concourse to be renamed Agua Caliente Concourse
By Coachella Valley Times | Dec 21, 2023
The RJ concourse at Palm Springs International Airport (PSP) is set to be renamed the Agua Caliente Concourse, following a sponsorship agreement between the airport and Agua Caliente Casinos. The new name is anticipated to become official in early 2024.
Agua Caliente Casinos deliver hundreds of Christmas gifts to Shelter From The Storm
By Coachella Valley Times | Dec 20, 2023
In a gesture that has become a holiday tradition over the years, Agua Caliente Casinos has donated more than 300 gifts to Shelter From The Storm’s Angel Tree Toy Drop. Casino employees delivered the Christmas presents to various Shelter From The Storm locations across Coachella Valley.
Refusal to negotiate in good faith may violate Unite Here’s labor peace agreement at LAX
By Coachella Valley Times Report | Dec 13, 2023
Unite Here's strike at LAX concession businesses may violate labor peace agreements intended to encourage good faith negotiations between parties. Despite a proposal for increased employee wages and pensions from travel hospitality group Areas USA, union leadership voted to strike the day after those terms were offered, prompting increased scrutiny of Unite Here's tactics.
Visit Greater Palm Springs TEAM GPS story to be featured in 2023 Green Destinations Top 100 Stories
By Coachella Valley Times | Dec 10, 2023
A story from Visit Greater Palm Springs (VGPS) has been chosen to feature in the 2023 Green Destinations Top 100 Stories. The selected Good Practice Story, titled "Nine Cities, One Oasis: Building a Tourism TEAM of Champions," narrates the establishment of VGPS’ TEAM GPS. This program brings together the region's cities and prepares its tourism and hospitality workforce to pursue a shared objective: sustainable tourism.
The Coachella Valley Economic Partnership's Coachella Valley Economic Report for 2023 has been released
By Coachella Valley Times | Nov 27, 2023
The Coachella Valley Economic Partnership announced that its Economic Report for 2023 has been released and is available for download on the organization's website. The report, packed with photos, tables, and graphs, provides an in-depth look at the region's business and socioeconomic conditions. It serves as a comprehensive guide to understanding the progress and future prospects of Coachella Valley.
Renova Energy appoints new sales director
By Coachella Valley Times | Nov 2, 2023
Renova Energy has announced the promotion of Chad Beckstand to the role of sales director for California and Arizona.
Employees at Flying Food Group seek union decertification after April strike, ongoing disputes
By Staff reports | Oct 27, 2023
A series of contentious events, including a strike and ongoing disputes with the UNITE HERE union, have fueled an employee-led drive to decertify the union shop status of Flying Food Group’s Inglewood, CA facility. If successful, the effort would represent one of the few times union members voted to dissolve their own union.
Desert Arc to host fundraising festival, hopes it will ‘make a difference in the lives of the people we serve’
By Coachella Valley Times | Oct 25, 2023
Desert Arc, a nonprofit organization that provides services for adults with intellectual and developmental disabilities, will be hosting the Desert Arc Italian Festival and Car Show on Nov. 18 to celebrate its 65th anniversary. The event aims to raise $30,000 to support the organization's impactful programs that are not funded by the State of California.
Qantas resumes catering partnership with Flying Food Group
By Coachella Valley Times | Oct 20, 2023
The Australian airline, Qantas, has resumed its catering partnership with national inflight meal service provider Flying Food Group (FFG), Onboard Hospitality announced this month. FFG’s Los Angeles (LAX) and San Francisco (SFO) facilities are once again serving Qantas as a valued returning customer.