Chase Bank is laying off 168 employees from its mortgage operations in Irvine by early March.
In Music Festival Again, Releases Documentary
Cypress-based Vans Inc. is returning to this year’s SXSW Music Festival in Austin, Texas.
Will Work With Voyant on Possible New Drugs
Irvine-based Allergan Inc. is adding to its programs for potentially treating age-related macular degeneration.
$10M Deal Includes 47,319-SF Office
A cofounder of apparel company Affliction Inc. has bought the Santa Ana building that holds the Observatory OC concert venue where he’s an investor, as well as an adjacent office.
Pelican Hill Executive Chef Leads With Strength, Smiles
Our Chef of the Year, Jean-Pierre Dubray, has been engaging the public in appreciation of gorgeously showcased and inherently delicious food for more than three decades.
Trio of Restaurants Get Fifi’s Seal of Approval
There’s so much happening at The Resort at Pelican Hill all during the year. I’ll try to capsulize it but nevertheless want to bring you the best of the resort.
From French Countryside to Sushi With a Flair
Springtime brings thoughts of colorful flowers emerging, a climate conducive to beaches and boating, and getting out as the winter fades, even though we’ve had such a mild winter.
This week's business and other event listings.
Pro-Mo Properties LLC sold a manufacturing building to On Target Electric Inc. in Irvine for $2.8 million.
Quantum, Netlist Avoid Delistings, Build Up
Two Orange County technology companies that faced delistings on the Nasdaq exchange last year have recently raised money in public offerings to shore up their cash positions.
Activity in the low-rise office sector picked up in the fourth quarter, as the overall market recorded 47,341 square feet of positive net absorption. That was an improvement over the third quarter’s negative absorption of 32,498 square feet.
Recent Returns Counter Critics’ Rush to Strip Bond King of Crown
Recent Returns Counter Critics’ Rush to Strip Bond King of Crown
New Yorker Approaches Pair of Labels Pragmatically
J Fin Group believes in the little guy: smallish brands with solid designs and loyal followings that just need some help on the backend.
TECHNOLOGY: 2-year wait nearly up, request on integration expected
Western Digital Corp. is expected to ask China’s government for approval to integrate the Hitachi Global Storage Technologies Inc. unit it acquired in a 2012 deal that had to pass muster with regulators in major markets around the world.
Orange County homebuilders last year posted their best year for sales since 2004, buoyed by the opening of several masterplanned communities, as well as continued strong sales on the Irvine Ranch. Includes the 2014 OC's LARGEST HOMEBUILDERS list for download (pdf)
Word from a lender backing Mike Lutton, Tod Ridgeway and Ron Soderling in their buy of the old Beacon Bay car wash offers a benchmark of $10 million per acre for land in Newport Center. The trio that’s operating as Newport Center Anacapa Associates
HOSPITALITY: Starts with new look for lobby, lounge areas
Irvine Marriott spent about $5 million to hit the restart button on its lobby and lounge area in a project aimed at attracting the next generation of travelers staying at the hotel or just visiting.
HEALTHCARE: Promotions, new hires reflect reform’s effects
MemorialCare Health System is remaking its front office with an eye on healthcare reform.
TECHNOLOGY: Market share to 18.8%, on par with chief rival
QLogic Corp.’s $209 million deal last week to acquire key Ethernet assets and licenses and engineers from Irvine-based chipmaker Broadcom Corp. provides a much clearer path for product development in a segment expected to have strong growth in the coming years.
TECHNOLOGY: DynTek benefits from industry shifts
Newport Beach-based technology service provider DynTek Inc., which has drawn little attention on Wall Street, is on a growth spurt as more businesses and public agencies aim to secure data and link employees’ personal devices with workplace equipment and systems.
MARKETING: Sponsorship of events key part of campaign
Asics America Corp.’s marketing campaign reflects the brand’s “Better Your Best” tagline.
MEDIA: Vans, Boost Mobile on client list for original content
ChopShop Entertainment Inc. is riding the wave of the digital revolution, thanks to a growing client list that includes some big brands from its own backyard.
Newport Beach-based American Bancshares Inc. agreed to sell its American Security Bank subsidiary to CVB Financial Corp. for $57 million.
Newport Beach-based Mobilitie LLC landed another major deal to outfit the home of the St. Louis Rams with a distributed antenna system at Edward Jones Dome in downtown St. Louis.
Irvine-based Kawasaki Motors Corp. USA named Masafumi Nakagawa president, effective April 1.
A bankruptcy judge approved Wanxiang America Corp.’s $149.2 million bid for the sale of Costa Mesa-based Fisker Automotive Inc. The offer by Wanxiang, part of China-based auto parts company Wanxiang Group Corp., beat Fisker’s senior secured lender, Hybrid Tech Holdings LLC, in the auction. Hybrid Tech is affiliated with Hong Kong billionaire Richard Li.
Christie’s Partners With First Team Estates
Local luxury real estate firms hold strong to their view that coastal and luxury real estate are among the best investments available. International firms agree.
Big Deals for Notable Sites Reflect Confidence in Recovery
National builders have their eyes on Orange County again.
3 Builders Went Public, $670M in Proceeds to Spend
Wall Street cash is making its way back to Orange County’s homebuilding industry after a brief hiatus.
Quiksilver, Vans Grab Olympics Photo Opp
Two local companies scored gold in the first week of the 2014 Winter Olympics—in brand exposure, that is.
Still Uncertainty Over Covidien Royalty Payments
Irvine-based patient monitor maker Masimo Corp.’s long-term growth prospects remain attractive, an analyst said this month.
May Continue Gain With Latest Galaxy Release
Samsung Electronics Co. has distanced itself from smartphone rival Apple Inc. as Broadcom Corp.’s largest customer.
The Inland Empire ended 2013 with increased gross industrial activity as it wrapped up the year with roughly 29.1 million square feet, up 2.6 million square feet from 2012.
SoCal Insider hosted by Rick Reiff (KOCE-TV/PBS SoCal) Wednesday 5:30 p.m. Repeats Friday 7 p.m., Sunday 11:30 a.m., Monday 5:30 p.m. Guests: Erwin Chemerinsky, UCI law school dean; other guests
National Bakery Industrial Owner LLC, a bakery outlet, sold an industrial building in Anaheim for $2.2 million to Costa-Mesa based Cardinal Development Co.
Auction.com Co-Owner Fires Up Football.com
Robert Friedman didn’t sink much into football.com—a 1994 bargain at $70.