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Golden State Foods Buys Salad Supplier in NZ

Irvine-based food manufacturer and distributor Golden State Foods Corp. has acquired a vegetable supplier in New Zealand.

By Jane Yu August 12, 2014 1:51 p.m.   Share
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Unemployment Rate, Jobs Fall

Orange County’s unemployment rate dipped to 5.4% in August despite a decrease of 1,900 jobs over the month.

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Group Pays Off $3.86M Worth of Corinthian Students’ Debt

An offshoot group of the Occupy Wall Street movement paid off $3.86 million in loans owed by 2,761 students of a Corinthian Colleges Inc. school, according to reports.

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Montage Names Managing Director

Irvine-based Montage Hotels & Resorts named Rick Riess managing director of its coastal Orange County flagship resort Montage Laguna Beach.

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Autobytel Increases Share Buyback Plan

Autobytel Inc.’s board of directors has approved an additional $1 million common stock repurchase program, increasing the total planned amount to $3 million.

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Irvine Appliance Maker Names New Ad Agency

BSH Home Appliances Corp. selected ELA Advertising as its strategic, creative agency-of-record for its Thermador brand cookware.

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Casanova Pendrill Loses Miller Lite

Costa Mesa-based Casanova Pendrill lost the Latino-American portion of the Miller Lite advertising business.

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U.S. Agency Sues Corinthian

The Consumer Financial Protection Bureau today sued Santa Ana-based Corinthian Colleges, Inc. and alleged it engaged in “illegal predatory lending.”

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Johnny Rockets Launches Smaller Sites

Aliso Viejo-based Johnny Rockets Inc. said it would develop several types of smaller restaurants and work with an outside company to develop some of them, according to reports.

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Ad Shop Raises $5.2 Million

Adaptive Medias Inc. raised $5.2 million from two investors by selling 2.13 million shares of its common stock at $2.25 per share.

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Allergan to Cut 129 Irvine Jobs

Irvine-based Allergan Inc. has filed papers with state officials saying it will lay off 129 employees.

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Oculus Co-founder Gives $31M

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.

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RSM Smoothie Seller Plans 58 Locations

Bowl of Heaven plans to add 58 new franchised locations in Orange County, Los Angeles, San Diego, San Francisco and Las Vegas, the company said.

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Innocean Lands Energy Account

InnoceanUSA has branched beyond mainstay client Hyundai Motor America Inc. with the addition of NRG Energy to its growing roster of nonautomotive accounts.

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UCI Merage School Debuts in U.S. News Ranks

The University of California-Irvine Paul Merage School of Business is ranked No. 39 in the country for best undergraduate business programs, according to U.S. News and World Report.

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Wozniak to Speak at NAMM

Apple Computers co-founder Steve Wozniak will speak at the National Association of Music Merchants show in Anaheim in January, the association said.