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Hyundai Motor America said it will pay a $17.4 million civil penalty and comply with the National Highway Traffic Safety Administration’s oversight requirements for failing to report in a timely manner a braking system defect that affected Hyundai Genesis vehicle model years 2009 to 2012.August 8, 2014 10 a.m. Share
Multi-Fineline Electronix Inc. Chief Financial Officer Tom Liguori has resigned to pursue other opportunities, the Irvine-based printed circuit board maker announced after the close of intraday trading.
Allergan Inc., now a business unit of drugmaker Actavis PLC, will lay off 577 workers in Irvine, according to a state filing.
Mador Lending LLC completed the acquisition of Wet Seal Inc., the affiliate of Philadelphia-based Versa Capital Management LLC announced Wednesday.
Los Alamitos-based Alliance Spacesystems LLC, which manufactures composite structures for the aerospace industry, was acquired by SolAero Technologies Corp., an Albuquerque, N.M.-based solar panels maker.
AUTOS: Company circles April 20 amid buzz about new name, model
It appears April 20 will mark another milestone in the tumultuous run of the Fisker brand.
Apparel Maker’s Ambitions Tied to Costa Mesa HQ, China Production
Dragon Crowd Garment Inc. relocated its headquarters three years ago from downtown Los Angeles to Costa Mesa to be closer to a bunch of OC-based customers, including Oakley Inc., Vans Inc., Quiksilver Inc. and Pacific Sunwear of California Inc.
EDUCATION: Blueberries to microchips, toothpaste
The $5 million in seed funding that Newport Beach-based Beall Family Foundation provided for the University of California-Irvine’s new Institute for Innovation is bearing commercial fruit.
Anyone who doubts Wylie Aitken’s will probably hasn’t seen him in a court of law.
FINANCE: ‘Cause-themed’ portfolios include big givers
Pacific Life Insurance Co. has rolled out a research subsidiary that’s targeting younger people with the prospect of adding an element of social consciousness to their portfolios.
HEALTHCARE: Could get final approval for market in June
A San Clemente-based medical device maker cleared a big regulatory hurdle and landed on a faster track to commercialization.
MARKETING: Joins Coke as “co-founding partner”
Toshiba America Business Solutions Inc.’s sponsorship of AEG and MGM Resorts International’s $375-million Las Vegas Arena comes with the sort of perks that are in the spotlight lately.
Kia Motors America Inc. in Irvine named Jang Won Sohn president and chief executive to replace Byung Mo Ahn, who will become a company adviser.
Has Stake in Firm That Developed Technology
Online car shopping does not have to be a solitary experience, according to folks at Autobytel Inc.
Brisk iPhone, Phablet Sales Account for $1.4B
Record sales of the iPhone 6 and 6 Plus helped push Apple Inc. last year to the cusp of overtaking Samsung Electronics Co. as Broadcom Corp.’s largest customer.
Kia Motors America Inc. in Irvine has named Jang Won Sohn president and chief executive to replace Byung Mo Ahn, who will become a company advisor.