Orange County Business Journal


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OC on Road Map for Autonomous Vehicles

ENGINEERING: Link to Bay Area test station runs through IrvineOrange County has become a key pit stop in the race to develop a fully autonomous car.

By Kate Schwartz September 28, 2015 midnight   $$ Share
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Taco Bell Sales Up; Yum Tumbles on China

Taco Bell Corp.’s sales rose 7% in its most recent quarter, leading the way for parent Yum Brands Inc.’s fast food chains and outpacing Yum, whose share price tumbled on the company’s China operations woes.

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Swiss Money Manager Buys Taco Bell Franchisee

An investor in Switzerland has bought a majority stake in one of the largest franchisee groups for Irvine-based Taco Bell Corp.

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Allergan, Humana Teaming Up on Research

Allergan PLC, whose eye drug hub is located in Irvine, said today that it will collaborate with Louisville, Ky.-based insurer Humana Inc. on research that will include glaucoma and other eye diseases.

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Chapman Gets $3M for Autism Work

Chapman University got $3 million from the William S. and Nancy E. Thompson Foundation for autism research.

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UCI in $50M Water-Energy Project

The University of California-Irvine is part of a team that will study water use and energy production under a $50 million grant.

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Confie Buys Four

Huntington Beach-based insurance services company Confie has acquired four insurance brokers in three states.

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Phone Applicants’ Info Stolen in Experian Theft

Experian PLC said one of its business units “experienced an unauthorized acquisition of information from a server” containing data related to client T-Mobile USA Inc. in Bellevue, Wash.

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OC-Based Automakers’ Sales Up

Two of the four Orange County-based automakers beat the national sales pace for new vehicles in September, according to New Jersey-based market researcher Autodata Corp.

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Alliant Names New CFO

Newport Beach-based Alliant Insurance Services Inc. has named Ilene Anders as chief financial officer.

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Supervisors Consider $101M Airport Contract

The Orange County Board of Supervisors is scheduled at its Oct. 6 meeting to vote on awarding a four-year contract for $101.8 million to Swinerton Builders in Irvine to refurbish and seismically retrofit buildings and terminals at John Wayne Airport.

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CHOC Wins Clinical Practice Grant

Children’s Hospital of Orange County will receive $17.7 million in a four-year grant from the Centers for Medicare & Medicaid Services.

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Doti Sets Date

Chapman University President Jim Doti will step down from his post on August 31, 2016, and return to teaching.

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Sabra Spends $84M for Senior Housing

Irvine-based Sabra Health Care REIT Inc. said today it bought nine senior housing facilities in Illinois, Oregon and Washington in two deals totaling $84.7 million.

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Masimo Donates Equipment to Jordan

Irvine-based Masimo Corp. said today it will donate $5 million worth of its patient monitoring devices to Jordanian hospitals to assist them in providing healthcare to more than 1 million Syrian and Iraqi refugees.

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Del Taco Plans Central Calif. Push

Lake Forest-based Del Taco Restaurants Inc. said three franchisees will open 27 locations in central California. The company didn’t give a time frame for the expansion.