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Willdan Designs Smart Electrical Grid of the Future

ENGINEERING: Firm targets 20% annual growthThomas Brisbin knows first-hand the agony and thrill of a roller coaster ride on Wall Street.

PHG Names CFO, Ops Role; Moves GM

Pacific Hospitality Group in Irvine named Kent Crandall chief financial officer, hired a senior vice president of operations to report to COO Robb Walker, and shifted a GM to its Paséa resort.

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16 Franchisers Hit List

Several OC-based franchise systems made the 2017 Franchise Times 500 list, which ranks companies by 2016 systemwide sales.

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Del Taco Revises Full Year

Del Taco Restaurants Inc. in Lake Forest reported higher revenue and net income in its third quarter compared with the same period last year, but revised some projections downward for its full-year performance and shares fell about 20% in Friday trading to a $473 million market cap.

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Ad Shop Bought

Newport Beach-based digital marketing agency ymarketing was acquired by Sandbox in Chicago on undisclosed terms.

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Stearns Cuts Third of OC Workforce

Stearns Lending LLC, one of the nation’s largest non-bank mortgage lenders, is cutting 159 jobs, about a third of its workforce in Orange County.

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UCI Bolsters Jewish Studies

University of California-Irvine said today it will create a Center for Jewish Studies that will bring together faculty, students, visiting scholars and members of the public interested in exploring Judaism.

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Southwest Could See More JWA Cuts

Southwest Airlines will see a second year of passenger cuts at John Wayne Airport if county supervisors approve the airport's 2018 seat allocation request Tuesday.

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Braille Institute Breaks Ground on New Center

The Braille Institute broke ground today on a $10 million center that’s expected to open next fall at 527 N. Dale Ave. in Anaheim.

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Q3 VC Investments Fall

Venture capital investments in Orange County declined to $178 million in the third quarter, the lowest amount since the first quarter of 2016, according to the VentureSource report from Dow Jones.

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Boss of Saddleback, Irvine JCs to Retire

The South Orange County Community College District said Debra Fitzsimons, interim chancellor, will retire on December 30.

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J.D. Power CEO to Retire

J.D. Power Chief Executive Finbarr O’Neill will retire in March.

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ChromaDex Hires Ex-Mattel CFO

Irvine-based ChromaDex Corp., a maker of ingredients for dietary supplements, hired Kevin Farr as its new chief financial officer, effective immediately.

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Concordia President Retires

Concordia University Irvine President Kurt Krueger will step down on June 30 at the end of the 2017-18 academic year.

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Alorica Names CFO

Irvine-based Alorica Inc., the world’s third-largest provider of customer service solutions and the largest in the U.S., announced the appointment of Cindy Fiorillo as chief financial officer, replacing James Molloy.

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CareTrust Completes Skilled Nursing Buy

CareTrust REIT Inc. of San Clemente completed a two-stage acquisition comprised of seven skilled nursing facilities in Idaho.

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