FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
University of California-Irvine economics professor Peter Navarro has been selected by president-elect Donald Trump to oversee a newly created White House National Trade Council.
Allergan plc bought LifeCell Corp., which develops aesthetic and regenerative medicine used in plastic surgery, for $2.9 billion, in a deal expected to close in the first quarter.
Autobytel Inc. in Irvine sold its specialty finance leads product to El Segundo-based Internet Brands Inc. for $3.2 million.
National placement firm Decision Toolbox in Irvine has been acquired on undisclosed terms by Engage2Excel in Statesville, N.C.
Sonendo Inc. in Laguna Hills received $35 million in an extension of a Series D funding round that brings the privately held dental device maker’s total funding to more than $100 million.
Yamaha Motor Corp. USA in Cypress said its Kennesaw, Ga.-based Outdoor Power Equipment division acquired Subaru Industrial Power Products on undisclosed terms.
Huntington Beach-based insurance provider Confie acquired on undisclosed terms Oasis Insurance in Mesa, Ariz.
Orange County’s unemployment rate fell to 3.7% in November from a revised 4.1% in October.
A report released by Chapman University on Thursday said Orange County’s job growth is slowing along with the rest of the state, though the local rate will still exceed California’s next year.
Liquidmetal Technologies Inc. in Rancho Santa Margarita named Chinese businessman Yeung Tak Lugee Li president and chief executive.
Global Genes in Aliso Viejo expanded its board from eight members to 11 with the additions of Wendy White, Natalie Douglas, and Nauman Shah.
Wienerschnitzel in Irvine named J.R. Galardi executive vice president of the fast food hot dog chain.
Taco Bell Corp. in Irvine plans to more than double its restaurants in Spain with 45 new units in three to five years through its franchisee Casual Brands Group in Madrid.
Pacific Premier Bancorp Inc. in Irvine will acquire Heritage Oaks Bancorp in Paso Robles in an equity deal for about $405.6 million.
First Foundation Inc. in Irvine filed a shelf registration with the Securities and Exchange Commission to sell up to $200 million in shares.
The wife of “bond king” Bill Gross filed for divorce last month.
CivilSource, Inc. in Irvine has been bought by NV5 Global Inc. in Hollywood, Fla., for an undisclosed cash price.
Andrew Puzder, chief executive of CKE Restaurant Holdings Inc., is expected to be nominated by President-elect Donald Trump to lead the Labor Department, news reports said.
Chipmaker Conexant Systems Inc. in Irvine is supplying key audio and voice technology to Amazon.com as part of a deal announced this morning.
Chipmaker Microsemi Corp. in Aliso Viejo is part of a consortium of investors putting $18.7 million into an Irvine startup spun out of General Electric’s Global Research Center.
MobilityWare in Irvine bought Critical Hit Software in San Diego on undisclosed terms.
Ingram Micro Inc.’s $6 billion pending sale to Tianjin Tianhai Investment Co. Ltd. has gained a key regulatory approval in China.
CareTrust REIT in San Clemente bought four skilled nursing properties in the Dallas-Fort Worth market for about $96 million and signed a new tenant to run them.
Pacific Investment Management Co. in Newport Beach agreed to pay $20 million in penalties, fees and interest to the Securities and Exchange Commission to settle charges that it misled investors about one of its funds.
Architecture Design Collaborative in January will move its headquarters from Costa Mesa into a building it bought in Laguna Hills with plans to hire 10 to 15 architects and related staff through the first quarter of 2017.