Nekter Juice Bar Inc. in Santa Ana has signed a franchisee to open 17 locations in the Carolinas over the next several years, the first in October in Cornelius, N.C., near Charlotte.
The Securities and Exchange Commission said today that it's officially revoked the stock of Irvine-based Ubiquity Inc.
Richard Afable, executive vice president of Providence St. Joseph Health Southern California Region, said he will retire in December.
A Los Angeles jury ordered Johnson & Johnson to pay $417 million to a 62-year-old Los Angeles woman who blamed her ovarian cancer on the company’s talc, in the first California trial over the product.
BJ’s Restaurants Inc. said its online ordering platform will offer alcohol delivery in some California markets via its new partnership with food delivery service provider, San Francisco-based DoorDash Inc.
California students of the defunct Corinthian Colleges Inc. will receive $51 million in student loan relief, California Attorney General Xavier Becerra said, joining other U.S. attorneys general in the announcement.
CEO Shows How to Get to 150K Employees
If Allied Universal, a security company with 150,000 employees, was an army, it’d be the 34th largest in world, right behind Japan’s.
Drawbridge Gets HQ of Panasonic Avionics
San Francisco-based commercial real estate investor Drawbridge Realty has made its second Orange County office purchase in as many years, picking up the Lake Forest headquarters of Panasonic Avionics Corp.
AUTOMOTIVE: Luxury brand establishes exclusive identity
Genesis’ winged logo was perhaps a sign of things to come. The luxury brand Hyundai Motor Co. launched in November 2015 is about to fly the coop.
Anaheim Leads Cities Roster
Imagine Angels outfielder Mike Trout on an exceptional day—the final score could read “Trout 7, White Sox 2,” —and you get an idea of Irvine compared to its city-mates in Orange County.
HEALTHCARE: Proxy battle looms at annual meeting
Pharmaceutical research and development is a risky venture—big financial returns on the drugs that make it to market, which will be outnumbered by the majority of drugs that don’t. And then there are the drugs that come close.
Projects Could Grow Bed Taxes by 21% in 5 Years
Garden Grove economic development officials promote their city in marketing materials as “Southern California’s undiscovered jewel.”
Say Tech Streamlines, Increases Buys, Sales
Two Orange County tech startups are helping lead the way in bringing the small-business segment of the commercial real estate industry into the modern age.
Orange County office market favors landlords due to the low availability rate. Though strong employment growth here had been a boon for leasing for much of the cycle, it recently tapered significantly due to low unemployment rates.
Industrial fundamentals remained consistent, despite activity declining during the quarter as a result of a tightening market, leaving fewer options.
Retail market fundamentals continued to strengthen despite continued big-box closures. Though slight, second-quarter changes further displayed demand for retail and its importance for the segment in the Southern California market. Prime coastal and inland centers, coupled with a diverse and steady workforce, help sustain retail need year-round, and strong tourism in the summer supplies a midyear sales boost.
Mistakes, Moats, Culture…
Every culture has its own lexicon, slogans. Here’s some business precepts I still see a lot—old and new and very true.
REAL ESTATE: Complex built in 1975, totals 81,551 SF
In a rarity, Newport Beach-based Irvine Co. has put an office property it owns in Orange County up for sale.