OC BUSINESS JOURNAL DAILY NEWS
The Roman Catholic Diocese of Orange has received the President’s Award from the Orange County Chapter of the American Institute for Architects for its work on Christ Cathedral in Garden Grove.
The Irvine Marriott has begun a $1.3 million project to remake its arrival driveway area, the last stage of a $22 million overall project that includes room renovations.
The S&P 500 was down 0.5% in midday trading to 2,136.15.
Aerie Pharmaceuticals Inc. plans to offer $125 million in stock next week.
Orange County’s unemployment rate fell to 4.4% in August from a revised 4.6% in July.
Irvine-based Digital Map Products, a provider of cloud-based spatial technology, has secured more than $36 million in funding, the company said today.
Chapman University’s School of Pharmacy has opened its first center, which focuses on targeted drug delivery.
Indices were higher in midday trading on the strength of technology and energy stocks; Apple said it sold-out initial supply of its new iPhone and oil prices were higher.
University of California-Irvine next week opens the first eSports area run by a public university.
The S&P 500 was up 0.2% in midday trading to 2,131.52.
Allergan Plc will buy Vitae Pharmaceuticals Inc. for about $639 million.
U.S. News & World Report has ranked the University of California-Irvine ninth among public universities nationwide in its 2017 Best Colleges report, released today.
Charlie Zhang, founder of the Laguna Hills-based Pick Up Stix restaurant chain, has been named Entrepreneur-in-Residence by Concordia University Irvine’s business school.
Indices were down in midday trading as oil prices fell and the real estate sector considered the possibility of an interest rate increase at next week’s Federal Reserve Board meeting.
The La Palma-based Innovation Institute has signed an agreement with the Westport, Conn.-based Society of Physician Entrepreneurs, a biomedical and healthcare innovation network of more than 25,000 members in some 20 chapters worldwide.
Former Blizzard Entertainment Inc. Creative Director Rob Pardo has started a gaming studio in Irvine that aims to build the types of interactive worlds that made his former company a pioneer in the industry.
Huntington Beach-based insurer Confie continued to expand with the acquisition of brokerages in Illinois, Nevada and Florida.
The S&P 500 was up 0.7% in midday trading to 2,142.68.
Indices were down in midday trading on concerns that countries are set to enact tighter monetary policies.
AcuFocus Inc. in Irvine received $66 million in a funding round led by KKR & Co. LLP in New York.
Irvine-based BF Acquisition Holdings LLC, the parent company for Baja Fresh Mexican Grill and La Salsa Fresh Mexican Grill, will be acquired for $27 million by MTY Food Group Inc. in Montreal, Canada.
Karma Automotive LLC in Costa Mesa set the price for its Revero sports car at $130,000 but it was unclear when the car would be delivered to the 80 buyers who’ve placed initial orders.
Port of Long Beach Chief Executive Jon Slangerup will resign Oct. 28 after leading the nation’s second largest port for about two years.
The S&P 500 was down 0.3% in midday trading to 2,178.87.
Newport Beach-based Alliant Insurance Services has acquired on undisclosed terms the Farmin, Rothrock & Parrott insurance brokerage in Spokane, Wash.