Orange County Business Journal


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Samuelis Give UCI $30M

The Samueli Foundation gave University of California-Irvine $30 million to help build a 100,000-square-foot facility for “convergent science”—cross-disciplinary research in engineering, computing and physical sciences.

By Deirdre Newman April 25, 2017 10:12 a.m. share »
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Stratus Wine Country Cambria Set

A second Cambria-branded hotel being co-developed by Newport Beach-based Stratus Development Partners LLC got the go-ahead from Napa city planning commissioners last week.

By Paul Hughes April 24, 2017 1:02 p.m. share »
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OCVA Tourism Confab at Great Wolf

Orange County Visitor Association said its OC Tourism Conference this year is set for May 10 at Great Wolf Lodge in Garden Grove.

By Paul Hughes April 24, 2017 12:09 p.m. share »
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UCI Gets $1M for Rocketry

University of California-Irvine got a $1 million grant from Base 11, a nonprofit workforce development and entrepreneur accelerator in Costa Mesa focused on science, technology, engineering and math.

By Deirdre Newman April 24, 2017 11:48 a.m. share »
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Midday Stock Roundup

Market indices were up strongly in midday trading following the results of an election in France.

By Peter J. Brennan April 24, 2017 11 a.m. share »
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Outside the Limelight

Orange County isn’t the first place filmmakers typically think of when setting up production companies. The history, money and panache permeating the industry has perennially been in Hollywood. Yet a cadre of filmmakers has planted business roots in Orange County, precisely as a counterpoint to Hollywood.

By Deirdre Newman April 24, 2017 10:56 a.m. share »
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FivePoint Updates Terms of IPO

FivePoint Communities Inc. could raise nearly $600 million from its forthcoming initial public offering and a trio of concurrent private placement deals, according to new regulatory documents filed with the Securities and Exchange Commission.

By Mark Mueller April 24, 2017 10:43 a.m. share »
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NAWBO OC Will Honor 4

The OC chapter of the National Association of Women Business Owners will honor four business women at its Remarkable Women Awards Gala at City National Grove of Anaheim on May 11.

By Deirdre Newman April 21, 2017 1:30 p.m. share »
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Luxe Magazine Parent Buys Competitor

Modern Luxury, the parent publisher of Modern Luxury Orange County magazine, bought a competing publisher, GreenGale Publishing LLC, which expands its stable of luxury lifestyle titles.

By Deirdre Newman April 21, 2017 1:18 p.m. share »
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Midday Stock Roundup

The S&P 500 was down 0.2% in midday trading to 2,350.78.

By Paul Hughes April 21, 2017 11:11 a.m. share »
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Business Journal Publisher Introduces New Editor

I am pleased to announce that Pete Weitzner will be joining the Business Journal’s newsroom as its new editor, commencing the last week of May.

April 21, 2017 10:45 a.m. share »
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Veritone Prices IPO

Newport Beach-based start-up Veritone Inc. will sell 1.25 million shares of common stock valued between $14 and $16 per share under terms of its initial public offering, according to a filing today with the Securities and Exchange Commission.

By Chris Casacchia April 21, 2017 10:39 a.m. share »
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Unemployment Unchanged

OC’s unadjusted unemployment rate was 3.7% in March, unchanged from a revised 3.7% in February and below the 4.2% reported in the same period last year, the state Employment Development Department said.

By Peter J. Brennan April 21, 2017 9:54 a.m. share »
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$3M CSUF Grant for Math Work

California State University-Fullerton received a grant of nearly $3 million from the National Science Foundation.

By Deirdre Newman April 20, 2017 12:51 p.m. share »
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Execs’ Optimism Dips As Election High Fades

Optimism among Orange County business owners and executives has subsided after the all-time high recorded in the first quarter, according to the latest California State University-Fullerton’s Orange County Business Expectations Survey.

By Peter J. Brennan April 20, 2017 10:15 a.m. share »
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Midday Stock Roundup

The S&P 500 was up 0.8% in midday trading to 2,356.72.

By Paul Hughes April 20, 2017 10:14 a.m. share »
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Mazda Hires CMO

Irvine-based Mazda North American Operations hired Dino Bernacchi as its chief marketing officer, a new position.

By Mediha DiMartino April 20, 2017 9:02 a.m. share »
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Kaiser Aluminum Beats in Q1

Kaiser Aluminum Corp. reported revenue and earnings for the first quarter that beat Wall Street expectations.

By Mediha DiMartino April 19, 2017 3:25 p.m. share »
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Whittier Law Won’t Enroll New Students

Whittier College’s board of trustees said today it won’t enroll a new class in the fall at its law school and “at the appropriate time, the program of legal education will be discontinued.”

By Deirdre Newman April 19, 2017 3:21 p.m. share »
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CSUF’s Gordon Dies

California State University-Fullerton's fourth president, Milton Gordon, died today after a long illness.

By Deirdre Newman April 19, 2017 3:03 p.m. share »
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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,342.98.

By Paul Hughes April 19, 2017 11:14 a.m. share »
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Houzz It Done It?

It started out in 2012 as a small, 18-person office in Irvine whose “tight-knit” team had breakfasts and lunches together. Nowadays, Orange County is home to the biggest chunk of Palo Alto-based Houzz Inc.’s workforce. About 500 employees work in support, sales and e-commerce for the online home-improvement idea generator and marketplace.

By Mediha DiMartino April 19, 2017 10:39 a.m. share »
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Nonprofit Adds to Fold

Irvine-based Alzheimer’s Orange County and Garden Grove-based Acacia Adult Day Services are slated to merge, effective July 1.

By Deirdre Newman April 18, 2017 5:19 p.m. share »
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Zhang to Launch Nonprofit

Pick Up Stix founder Charles Zhang created the non-profit O.C. Music & Dance to provide top quality musical arts education and training for children, regardless of their family’s ability to pay, Zhang said.

By Deirdre Newman April 18, 2017 1:11 p.m. share »
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Habit Hires CDO

Habit Restaurants Inc. named Douglas Branigan chief development officer; he fills a role vacated by Russell Friend, who left the Irvine-based operator of fast-casual hamburger restaurants in August.

By Paul Hughes April 18, 2017 11:19 a.m. share »