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Recent and archived news stories on: Accounting, Advertising, Consulting, Jobs, Food, Insurance, Law, Printing, Public Relations, Security...
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Jury Nixes $554M Claim

A jury in Orange County unanimously ruled Friday against San Juan Capistrano-based InfoSpan Inc. in favor of Dubai-based Emirates Bank in a federal lawsuit.

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Healthcare Group Starts $150M Fund

Innovation Institute in La Palma will raise $150 million to invest in early-stage healthcare companies. It bought TriStar Health Partners LLC in Nashville to be the fund investment manager.

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OC No. 3 in Travel Ranking

Orange County is the No. 3 “large city” destination—bested only by Los Angeles and New York City—in a national assessment by Resonance Consultancy Ltd. in New York.

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Hotel Menage to Rebrand as Sheraton

The Hotel Menage in Anaheim plans to rebrand as a Four Points by Sheraton, industry sources said.

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REIT in First of Three Development Deals

CareTrust REIT Inc. in San Clemente invested $2.2 million in a company that’s developing a new healthcare facility CareTrust plans to own.

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Disney Parks Earnings Up

Walt Disney Co. in Burbank earned $2.6 billion on revenue of $14.3 billion in its most recent quarter, up from $2.5 billion on $13.1 billion for the same period last year.

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Private Equity Firm Sells Dairy

Marwit Capital in Newport Beach has sold on undisclosed terms its Driftwood Dairy Inc. to Vietnam Dairy Products Corp.

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Education Firm to Open Irvine Site

New York City-based General Assembly, a global education company, announced Wednesday it will open a campus in Irvine.

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Microsemi Name for Rams' UCI Field

Aliso Viejo-based chipmaker Microsemi Corp. has taken naming rights of the Los Angeles Rams practice facility at University of California-Irvine.

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JWA June Traffic Up

John Wayne Airport said 929,000 passengers flew in and out of the airport in June, a 9.4% increase over the 850,000 that did so in the same period last year.

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Chicago Buyer for SJC Medical Supplier

Pacific Medical LLC in San Juan Capistrano was bought by Jordan Health Products in Chicago on undisclosed terms.

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Autobytel Q2 Sales Up 19%

Autobytel Inc. in Irvine beat Wall Street expectations for revenue for its second quarter that ended June 30.

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Herbert Matriarch Gives $5M to UCI

Josephine Herbert Gleis has pledged another $5 million to the Gavin Herbert Eye Institute at University of California-Irvine, bringing her total support of its efforts to $19 million since 2007.

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UCI Names Comp Sci Dean

The University of California-Irvine appointed Marios Papaefthymiou dean of the Donald Bren School of Information & Computer Sciences, effective Jan. 1.

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CSUF Names Ed School Dean

Lisa Kirtman will be the new dean of Cal State University-Fullerton’s College of Education, effective August 16.