Sacramento Business Journal
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Umpqua reports higher Q3 earnings
Umpqua Holdings, the parent company of Umpqua Bank, announced third-quarter earnings Thursday that represented an increase compared to last year’s third quarter and compared to the second quarter. (UMPQ)
Airco sale delayed for 90 days
The sale of Sacramento’s Airco Mechanical Inc. to APi Group Inc. of St. Paul, Minn., has been “put on hold for 90 days,” Airco president Steve Humason said Thursday.
Social Security benefits to jump 5.8 percent in 2009
The average retiree will have about $750 more coming to them next year thanks to a rise in Social Security benefits.
Downey Savings shutting down wholesale loan department
Downey Savings and Loan, the last major holder of option adjustable-rate mortgages, will cut about 200 jobs as it shuts down its wholesale lending department and make reductions in the retail loan department, the company said Thursday. (DSL)
County revamps developer services
Sacramento County is revamping development-related services as the result of a performance audit that made 99 suggestions for improvement.