Orange County Business Journal

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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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Irvine Restaurant Group Plans 12 OC Franchises

Irvine-based American Restaurant Holdings Inc. said it signed an Orange County franchisee for Muscle Maker Grill, the restaurant chain in Colonia, N.J. that an affiliate acquired in January.

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Allergan Laying Off 577 in Irvine

Allergan Inc., now a business unit of drugmaker Actavis PLC, will lay off 577 workers in Irvine, according to a state filing.

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Del Taco Plans Debt Pare Down, TACO Ticker

Lake Forest-based Del Taco Holdings Inc. would cut its debt by $139 million—or more than 40%—if its acquisition by Chicago-based Levy Acquisition Corp. closes as planned in June, according to documents filed with the U.S. Securities and Exchange Commission.

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Cajun Fusion Chain to Enter OC

Houston-based La. Crawfish said a franchisee plans to open the chain’s first restaurant in Orange County, in Anaheim, and that the company is negotiating with a Los Angeles-based restaurant operator for an area development deal to cover the rest of OC and L.A.

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Corinthian Unit Fined $29.7 Million

The U.S. Department of Education said today it fined a subsidiary of Santa Ana-based Corinthian Colleges Inc. $29.7 million.

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Habit Top Shareholder Trims Stake

The private equity firm that has controlled Irvine-based Habit Restaurants Inc. since leading an investor group in a 2007 buyout of the fast-casual burger chain is expected to trim its holdings to less than a majority stake through a secondary share offering that’s set to close tomorrow, the company and news reports said.

Way Up In Arts District

Proposal for Luxury Condo Tower to Costa Mesa Planners

The owners of the Avenue of the Arts Wyndham Hotel are moving ahead on plans to build the first high-rise condominium tower in Costa Mesa’s arts district.

Panel’s Prediction: Predictive on Rise

Industry Execs Caution on Trade-Off of Privacy

The chief marketing officer of the future could look more like Star Trek’s Captain Kirk than the guys from the “Mad Men” show.

Ad Agencies Top $1 Billion, Led by Gains at Top

Newcomers Help Boost List’s Total, Account for 40%

Orange County’s largest advertising agencies posted an estimated 9% gain in revenue last year, enough to push the group over the $1 billion benchmark.

Printers Reach Beyond Paper, Ink for Revenue Gains

Use of Data to Help Clients Refine Targets One Key

The largest commercial printers based in Orange County combined for $585 million in revenue last year, a 7.5% increase from their total in 2013.

Aitken on Angels; Segerstom Memorial; OC-China Update

Anyone who doubts Wylie Aitken’s will probably hasn’t seen him in a court of law.

Pac Life Offers ‘Swell’ Idea for Younger Investors

FINANCE: ‘Cause-themed’ portfolios include big givers

Pacific Life Insurance Co. has rolled out a research subsidiary that’s targeting younger people with the prospect of adding an element of social consciousness to their portfolios.

ReShape Gets Pass on FDA Panel for Obesity Device

HEALTHCARE: Could get final approval for market in June

A San Clemente-based medical device maker cleared a big regulatory hurdle and landed on a faster track to commercialization.

Autobytel Brings ‘Digital Concierge’ to Scion Website

Has Stake in Firm That Developed Technology

Online car shopping does not have to be a solitary experience, according to folks at Autobytel Inc.