Orange County Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Overwatch Drives Blizzard Sales

Booming sales of the first-person, futuristic shooter “Overwatch” and an uptick in “World of Warcraft” subscribers boosted revenue in the first quarter for Blizzard Entertainment Inc.

By Chris Casacchia May 4, 2017 2:48 p.m. share »
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UEI Boosts IoT in Asset Buy

Santa Ana-based Universal Electronics Inc. has boosted its growing Internet of Things business with a $9 million purchase of certain assets from Residential Control Systems Inc.

By Chris Casacchia May 4, 2017 10:58 a.m. share »
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Hybrid Apparel Adds Brand

Hybrid Apparel in Cypress launched Love Tribe brand, a Disney princess-themed line of clothing for young women that’s available only at Macy’s department stores.

By Mediha DiMartino May 4, 2017 10:37 a.m. share »
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April Auto Sales Mixed

Three of the four largest Orange County-based automakers trailed the national sales pace for new vehicles in April, according to New Jersey-based market researcher Autodata Corp.

By Mediha DiMartino May 2, 2017 5:33 p.m. share »
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Axonics Raises $14.5M

Axonics Modulation Technologies Inc. closed $14.5 million in series C financing, pushing its total fund-raising past the $85 million mark.

By Sherry Hsieh May 2, 2017 11:29 a.m. share »
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Eye Device Maker Lands $21M

Irvine-based LensGen Inc. has closed $21 million series A financing, with an option to expand the financing commitment by an additional $5 million.

By Sherry Hsieh May 2, 2017 10:32 a.m. share »
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Amway Unit to Lay Off Workers

Amway Corp.’s Buena Park facilities will see an unknown number of layoffs this week, according to a local news report in Ada, Michigan, where the parent company is based.

By Paul Hughes April 27, 2017 2:57 p.m. share »
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China Billionaire to Take ChromaDex Stake

ChromaDex Corp. in Irvine said Hong Kong investor Li Ka-shing would buy up to $25 million of its common stock in a private placement.

By Paul Hughes April 27, 2017 11:33 a.m. share »
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Streetwear Apparel Co. Acquired

Lifted Research Group Inc. was bought by Mad Engine LLC in San Diego on undisclosed terms.

By Mediha DiMartino April 25, 2017 4:29 p.m. share »
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Volcom Sales Down

Costa Mesa-based Volcom Inc. posted $60.1 million in revenue in the first quarter, a 3.5% decrease from the prior year period, according to Kering S.A., its Paris-based parent.

By Mediha DiMartino April 25, 2017 4:07 p.m. share »
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FDA Approves Allergan Dry Eye Device

Allergan PLC received Food and Drug Administration approval for TrueTear Intranasal Tear Neurostimular, a device that temporarily increases tear production via electrical stimulation.

By Sherry Hsieh April 25, 2017 12:51 p.m. share »
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Veritone Prices IPO

Newport Beach-based start-up Veritone Inc. will sell 1.25 million shares of common stock valued between $14 and $16 per share under terms of its initial public offering, according to a filing today with the Securities and Exchange Commission.

By Chris Casacchia April 21, 2017 10:39 a.m. share »
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Mazda Hires CMO

Irvine-based Mazda North American Operations hired Dino Bernacchi as its chief marketing officer, a new position.

By Mediha DiMartino April 20, 2017 9:02 a.m. share »
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Kaiser Aluminum Beats in Q1

Kaiser Aluminum Corp. reported revenue and earnings for the first quarter that beat Wall Street expectations.

By Mediha DiMartino April 19, 2017 3:25 p.m. share »
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True Drinks Names CEO

True Drinks Holdings Inc. in Irvine named James Greco its chief executive.

By Paul Hughes April 18, 2017 9:22 a.m. share »