Millions in Upgrades; New Seating Options
Multimillion-dollar upgrades at Honda Center during the off-season were in clear view for Anaheim Ducks fans as they walked through the turnstiles of the south entrance before last Thursday’s home opener against the Arizona Coyotes.
Veritone Drops in Half After Tweet by Famous Short Trader
A Wall Street brawl has erupted over high-flying Veritone Inc. (NASDAQ: VERI) in Costa Mesa.
12-Year-Old Skateboard Innovator Got Lots of Support
A few years ago, 12-year-old Carson Kropfl and his parents met one of the executive producers of the entrepreneur pitch show “Shark Tank” in an elevator in Mammoth.
RETAIL: Thriving photography business in age of selfies
Bradford Rowley started his photography business in the late 1980s, when one-hour photo processing was the speediest way to share memories. Nowadays, despite the glut of selfies overtaking our social media feeds, his portraiture remains relevant—and lucrative.
Commitment Over Beer Helped Make It Happen
Chapman University alumnus Dale Fowler and his wife, Sarah Ann, were hosting Chapman President Daniele Struppa and his wife, Lisa Sparks, dean of the university’s School of Communication, at Lismore Castle in southern Ireland in July 2016. While sitting in the ancient rooms in the shadow of portraits of esteemed scientists, such as Robert Boyle, the couples shared a pint of Guinness as they talked about Chapman’s future.
UCI Retools MBA Courses To Answer Disruption Trend
Disruptive innovation has been called the most influential business idea of the early 21st century.
Ed Classes’ Flex Seating Mirrors Real World
Walk into one particular School of Education classroom at Concordia University Irvine, and this is what you’ll see: individual student seats that have six wheels on a wide, round base, a type of seating that allows them to swivel and be arranged in various configurations. It’s key in what’s known as an active-learning classroom.
Competition for Students Results in Fewer Applications
Southern California schools with MBA programs showed a slight decrease in the number of Southern California enrollees, down about 2% from a year ago, based on the Business Journal’s annual survey. The number of enrollees dropped from 12,418 in September 2016 to 12,171 last month. It was a smaller drop than that reflected on last year’s list, when there was an approximate 6% change from September 2015 to September 2016.
Other items of interest Orange County Business Journal Vol. 40, No. 41
Concordia University Irvine President Kurt Krueger will step down on June 30 at the end of the academic year.
Olson’s Lido, Irvine Hotels Prep to Open
A mid-September tour of the under-construction Lido House Hotel in Newport Beach has turned into an impromptu architectural design review for Bob Olson.
EDUCATION: Keck puts imprimatur on university
The Keck name comes with a lot of prestige. There’s the Keck School of Medicine at the University of Southern California, the Keck Institute of Space Studies at the California Institute of Technology in Pasadena, and the Keck Graduate Institute of Applied Life Sciences, part of the Claremont Consortium undergraduate and graduate schools in Claremont.
ECONOMY: CSUF survey still shows high optimism
A higher percentage of Orange County businesses intend to invest in more equipment and hire more employees in the fourth quarter, according to the latest Orange County Business Expectations Survey by California State University-Fullerton.
Veteran Business Journal Dining Columnist Retires
Retirement from one’s occupation is expected eventually, and I’ve been thinking for a while about mine.
TECHNOLOGY: Some insiders sell; sales stay hot in hot ‘BI’ space
Life in the public eye got intriguing for one of Orange County’s best tech stories in years, Alteryx Inc., the Irvine software maker that made a splashy Wall Street debut in March.
Alliant Now 12th Largest Insurance Broker in World
Tom Corbett says people often consider his business dull.
25 Firms Report Strong Growth for Fifth Year
Orange County’s largest insurance brokerages continued solid growth as local revenue climbed above 7% for the fifth straight year.
The recent hurricanes that hit Texas and Florida may cause a 5% to 10% bump in premiums during the next 18 months, predicted Tom Corbett, chief executive of Alliant Insurance Services Inc., the biggest insurance broker in Orange County.
Monday. Lunch with Ed. Meeting The Great Ed Thorp is meeting Kareem (sky hook) or Jerry (Grateful Dead) or Steve (iPhone).
REAL ESTATE: $232M combined price for recapitalization
Laguna Hills-based Muller Co., in a recapitalization deal valued at nearly $232 million, has brought on a new financial partner for three area high-rise offices it owns and operates.
HEALTHCARE: Approach that helped him now for sale
Hiep Tran built and sold a payment-processing business, a profitable venture he says cost him his health.
HEALTHCARE: Buys REIT; to sell underperforming operator
Sabra Health Care REIT Inc. packed a lot of news into the past two weeks, including two acquisitions and one disposition.
Activities Being Driven By Reimbursement
Genetic testing isn’t yet the go-to for identifying a patient’s risk for conditions such as cancer and Alzheimer’s disease—insurers generally cover a genetic test only if there’s strong scientific evidence it could provide a health benefit and is recommended by the patient’s doctor—but the industry has grown faster with advanced genetic-risk understanding and improved reimbursement.
Processor Board Suggests Sexy Pairings
The California Milk Processor Board’s newest installment of the “Food Loves Milk” campaign is a heartbreaker, but in a good way.
Campus-Centric Target Store Opened in Summer
Irvine Co. has landed Amazon after all.
ProSky to Use Job Board Network to Reach 25M
An Irvine company that developed a human resources platform for hiring and managing employees has partnered with a tech recruiting firm that uses artificial intelligence.
Shares Up 39% as It Strikes Deals, Gets Props
Wall Street in about the past month is liking the story of artificial intelligence and media firm Veritone Inc.
REAL ESTATE: 500 acres in SoCal; nearly $74M price cited
Orange-based wholesale and retail plant and tree growing business Village Nurseries, which owns more than 500 acres in Southern California, is nearing a court-overseen sale to a Texas-based firm.
HEALTHCARE: Hancock Jaffe needs FDA OK; low on cash
Hancock Jaffe Laboratories Inc. quietly filed for an initial public offering last month, an unusual move for a developmental-stage company. It intends to raise $15 million.
REAL ESTATE: Peter’s Landing sells for $33M
Peter’s Landing Marina, a retail and office property on Pacific Coast Highway overlooking Huntington Harbour, is in line for a makeover after being acquired by an upstart investment firm in Irvine.
Accelerate Change Together Anaheim is granting nearly $1 million this year to help organizations meet the rising needs of Anaheim youth impacted by poverty, academic challenges and limited opportunities.
Sales and leases of offices, industrial buildings, retail space and apartments
Nakwon America Inc. sold a freestanding retail strip center in Anaheim to Eric Choi for $3.8 million, or $238 per square foot.
Other items of interest Orange County Business Journal Vol. 40, No. 40
An outdoor amphitheater that will temporarily replace the former Irvine Meadows is scheduled to open this weekend next to Great Park in Irvine.
$200M to Propel Integrative-Health Approach
When Henry and Susan Samueli first started their foundation in Corona del Mar in 1998, integrative health was one of the two areas of focus.
REAL ESTATE: Complaint follows Business Journal report
One of the most prominent industrial buildings in the area around John Wayne Airport, the 2323 Main St. building in Irvine, now has a for-lease sign up after years of turning away potential tenants.
ENGINEERING: Firm targets 20% annual growth
Thomas Brisbin knows first-hand the agony and thrill of a roller coaster ride on Wall Street.
‘Let’s Do It:’ The Redoubtable Joe Kiani Builds Medical-Device Power
People telling the Masimo Corp. story like to compare it to David and Goliath, the surprising victory of a shepherd boy defeating a nine-foot giant—aka a “garage startup” victor over larger device companies. Except, to Chief Executive and Chairman Joe Kiani, there’s nothing surprising about the company’s success.