OC BUSINESS JOURNAL DAILY NEWS
Carrick Capital Partners in Newport Beach invested $22 million in Perfect Sense Inc. in Reston, Va.
Broncs Inc. in Compton has reached an initial deal with American Apparel LLC to take over the lease for its textile facility in Garden Grove, according to news reports.
The City of Irvine earned top marks from the Fiscal Times for fiscal strength among U.S. cities.
John Wayne Airport served 918,000 passengers in October, up 3% compared with October 2015’s 891,000.
Nordstrom Inc. in Seattle said it plans to close its department store at MainPlace Mall in Santa Ana in March. The closure will affect about 195 employees.
The S&P 500 was down 0.4% in midday trading to 2,265.66.
Marina Landscape Maintenance Inc. in Anaheim was bought by BrightView Landscapes LLC in Plymouth Meeting, Pa., on undisclosed terms on Jan. 1.
Pacifica Hotels in Irvine sold the 80-room Sommerset Suites in the Hillcrest neighborhood of San Diego for $19.5 million to Sentre Partners, also in San Diego.
Alorica Inc. in Irvine named Tania King chief legal officer and chief compliance officer.
Newport Beach-based homebuilder RSI Communities said it has bought a 228-acre site in the Riverside County city of Beaumont, where it plans to build a 981-home development called Olivewood.
The S&P 500 was down 0.1% in midday trading to 2,267.10.
Stratus Development Partners in Newport Beach said its Hotel Capistrano project will open in summer 2018.
Biolase Inc. in Irvine said Chief Financial Officer David C. Dreyer will resign effective Jan. 13 for “personal reasons unrelated to the company’s financial condition.”
Lotus Innovations LLC in Irvine acquired Commerx Corp., a leading global provider of digital and telecommunications services.
The S&P 500 was up 0.4% in midday trading to 2,276.87.
Werner Escher, South Coast Plaza’s executive director of domestic and international markets has died after a battle with cancer.
Pacifica Hotels in Irvine has signed a deal to manage the Georgian Hotel in Santa Monica.
Hospitality manager Montage Hotels & Resorts in Irvine changed its name to Montage International.
Courtney Group Inc. in Newport Beach acquired sandal brand Flojos from Conscious Corp. in Thousand Oaks on undisclosed terms.
Aviation Capital Group Vice Chairman Denis Kalscheur has left that post and joined the board of Avolon.
Kia Motors America Inc. in Irvine debuted its first sports sedan Sunday at the North American International Auto Show in Detroit.
Eva Weiler is the new managing partner of Shook Hardy & Bacon LLP’s Irvine office, succeeding Doug Robinson.
Ivantis Inc. in Irvine closed on a $25 million Series C funding round for development and eventual marketing of a stent intended for use in glaucoma surgery.
The S&P 500 was down 0.2% in midday trading to 2,271.86.
The first Taco Bell restaurant in China opened in Shanghai’s central business district as part of the fast food chain’s plan to open 1,000 restaurants overseas by 2022.