OC BUSINESS JOURNAL DAILY NEWS
Major indices declined sharply in midday trading on concerns in foreign markets.
Del Taco Restaurants Inc. board member Ari Levy and four investors bought the Wieners Circle hot dog stand in Chicago and are likely to expand the concept.
Irvine-based PhageTech Inc. said it closed on $2.4 million in Series A financing to complete development and U.S. Food and Drug Administration approval for disease sensor technology and to commercialize a blood and urine test for bladder cancer.
The S&P 500 was up 0.9% to 1,948.77.
About 415 people celebrated innovation and the people who create it at the Business Journal’s inaugural Innovator of the Year awards today at the Hotel Irvine.
Stock indices were down in midday trading based on industrial company woes and uncertainty in European markets over the Volkswagen scandal.
An affiliate of Pacific Hospitality Group in Irvine bought the AC Hotel New Orleans from an affiliate of Dallas-based NewCrestImage LLC.
The S&P 500 was down 0.1% in midday trading to 1.941.51.
St. Regis Monarch Beach Resort in Dana Point has offered details on its planned renovation of some public areas of the property.
Tustin-based electrical engineering firm R.E. Wall and Associates Inc. was acquired by Los Angeles-based Morrow Meadows Corp.
Irvine-based Pacifica Hotels sold the Hilton Garden Inn Marina del Rey to Chatham Lodging Trust in West Palm Beach, Fla., for $44.5 million.
Technology industry veteran Joe Bergera has been named chief executive of Iteris Inc., the Santa Ana-based data provider and traffic management software maker said this morning.
Aliso Viejo-based Johnny Rockets Restaurant Group will open its first Johnny’s Burger Factory fast-casual location in Buffalo, N.Y. this week.
Major indices were down sharply in midday trading sparked by a decline in the prices of oil and copper.
The Disneyland Resort in Anaheim could benefit from an investment its Burbank-based parent Walt Disney Co. has made in a virtual reality filmmaker.
Laguna Hills-based Glaukos Corp. said a court ruled against it on three pending summary judgment motions in a patent lawsuit with a competitor.
The S&P 500 was up 0.3% to 1,963.73.
Major indices declined in midday trading due to ongoing uncertainty over U.S. Federal Reserve policy through the end of the year and global economic concerns.
Orange County employers added 2,200 jobs in August after two months of job cuts.
University of California-Irvine ranked No. 1 out of 179 schools in a New York Times measure of access to college for lower- and middle-income students.
The S&P 500 was up 0.3% in midday trading to 2,000.72.
The Mazda Foundation announced a $500,000 grant to Irvine-based Second Harvest Food Bank of Orange County.
Newport Beach-based Alliance HealthCare Services Inc. said today that Chinese investor Fujian Thai Hot Investment Co. will buy 5.5 million shares of its stock for $102.5 million and become its majority shareholder.
The S&P 500 was up 0.7% in midday trading to 1,991.56.
Asics America Corp. in Irvine hired Gene McCarthy as its new chief executive, effective Oct. 1, to replace Kevin Wulff, who will retire at the end of the year.