Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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More Honors for OC Lawyers

More attorneys and a law firm have been recognized as being outstanding in their practice area.

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Midday Stock Roundup

The S&P 500 was down 0.3% in midday trading to 2,180.39.

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Unemployment Up as Labor Force Grows Again

Orange County’s unemployment rate rose to 4.6% in July from a revised 4.4% in June.

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OC Security Company Unveils Robots

Santa Ana-based Allied Universal will launch its autonomous robot products at an unveiling event in Irvine today.

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Hyundai, Amazon Link on Test Drives

Hyundai Motor America in Fountain Valley will let prospective buyers in the Los Angeles and Orange County areas book test drives for the 2017 Elantra through Amazon’s Prime Now service, and check out the sedan at local dealers.

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Former Ubiquity Exec Faces SEC, DOJ Charges

The former interim chief executive of Irvine-based Ubiquity Inc., which is transitioning away from media and into augmented and virtual reality, has been slapped with civil fraud charges by the Securities and Exchange Commission and criminal fraud charges by the Department of Justice.

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Keller Gets Nod From Best Lawyers

Attorney Jennifer Keller has been named Orange County Lawyer of the Year in the category of “Criminal Defense: White-Collar” by Best Lawyers 2016-17.

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119 OC Firms Make Inc. 5000

Orange County placed 119 companies on the Inc. 5000 ranking of the fastest-growing U.S. private companies.

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Frost Startup Gets More Money

NarrativeWave raised $1.2 million in Series C funding, bringing its total funding to $3.2 million.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,184.09.

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Smile Brands Acquired

Smile Brands Group Inc. in Irvine has been acquired by private equity firm Grpyhon Investors in San Francisco on undisclosed terms.

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LoanDepot Gets $150 Million

Irvine-based loanDepot.com LLC has received $150 million in term debt financing.

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Ex-Abbott Exec New Alphaeon CEO

Alphaeon Corp. in Irvine named Murthy Simhambhatla president and chief executive to replace Robert Grant.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,175.86.

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Amazon’s Twitch Buys Irvine Gaming Specialist

Twitch.tv, the world’s largest live-streaming site for gaming content, has acquired Irvine-based Curse Inc., which creates content for gamers.

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LAB Holding In $7M Long Beach Land Buy

Shaheen Sadeghi of Costa Mesa-based LAB Holding LLC got the green light from the Long Beach City Council to turn city-owned property in the north part of the town into a “small-business friendly” retail center.

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Smith Micro Down After Reverse Split

Shares of Smith Micro Software Inc. are down in its first trading session after the Aliso Viejo-based company initiated a reverse stock split before the start of trading today.

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Crystal Cove Nonprofit Names CEO

The Newport Coast nonprofit Crystal Cove Alliance named Alix Hobbs president and chief executive effective today.

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OCTANe in State Life Sciences Push

OCTANe in Aliso Viejo will work with California Life Sciences Association on statewide advocacy and programs for supporting Orange County life sciences companies.

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OC Hotel Sales Up, Prices Down

The number of hotels sold in the first half of 2016 increased 27% but total dollar value of those sales fell 83%, a report by Atlas Hospitality Group said.

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Midday Stock Roundup

The S&P 500 was down 0.4% in midday trading to 2,181.16.

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New Editor for Excelsior in Santa Ana

The parent organization of the Orange County Register has named Carlos Aviles editor of its three Spanish-language weekly newspapers and associated digital media—Excélsior in Santa Ana, La Prensa in Riverside, and ImpactoUSA in Torrance.

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Puerto Rico Manufacturer Buys in Costa Mesa

Costa Mesa-based Mocean Holding Company LLC has been acquired on undisclosed terms by SNC Technical Services in Puerto Rico.

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Irvine Translation Firm Acquired

Welocalize Inc. acquired Irvine-based Global Language Solutions on undisclosed terms.

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Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,192.80.