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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
361 Degrees International Ltd., which bills itself as second-largest athletic brand in China, has chosen Irvine for its North American headquarters.
BSH Home Appliances Corp. selected ELA Advertising as its strategic, creative agency-of-record for its Thermador brand cookware.
Newport Beach-based buyout firm Windjammer Capital Investors has agreed to sell its portfolio company BBB Industries LLC to an investment firm in London.
The cofounder and chief executive of Irvine-based Oculus VR Inc. has pledged $31 million to the University of Maryland-College Park to build a new computer science building focused on virtual reality, according to a report.
Newport Beach-based private equity firm Solis Capital Partners LLC has made an equity investment in LEHR Inc., a manufacturer of propane-powered engines and tools for home and commercial uses.
Aliso Viejo-based software maker Telogis Inc. has secured a strategic investment from a Detroit venture capitalist firm co-founded by William Clay Ford Jr., the executive chairman of Ford Motor Co. and the son of the owner of the Detroit Lions.
A Laguna Beach startup that specializes in virtual reality content has raised $5 million from private investors and entered a partnership with Oculus VR Inc. and Samsung in one of the latest developments to hit technology’s hottest emerging consumer segment.
Aliso Viejo-based Microsemi Corp. announced an agreement today to purchase a Santa Rosa chipmaker and also revealed plans to repurchase up to $100 million of its common stock.
Apple Computers co-founder Steve Wozniak will speak at the National Association of Music Merchants show in Anaheim in January, the association said.
Orange County-based auto brands met or exceeded national new vehicles sales figures in August.
NB, London Flagships for $200M Brand
Wende Zommir worked her way up from an Elizabeth Arden makeup counter in Texas to cofounding Urban Decay Cosmetics LLC, L’Oréal SA luxury division’s No. 2 brand—second in sales growth only to Lancôme.
MANUFACTURING: Shares near all-time high despite soft aerospace
Shares of Kaiser Aluminum Corp. are nearing their prerecession heyday, thanks in part to small-but-growing sales in the automotive sector that have helped the Foothill Ranch-based company power through a stall in its aerospace business.
Producer Waited 10+ Years To Get Money for Follow-Up
It’s taken Brian Fargo more than a decade to get the band back together for a follow-up release to the smash hit “Wasteland.”
Acquisition Final, Local Operations to Stay Intact
Questcor Pharmaceuticals Inc. made plenty of headlines in its roughly four years as an Orange County-based public company.
Alleges They Reported Fake Earnings for Device
The Securities and Exchange Commission has charged Newport Beach-based equipment maker AirTouch Communications Inc. and its former chief executive and chief financial officer with misstating revenue and defrauding an investor.