Pete Weitzner

Editor

Email: Weitzner@OCBJ.com
Phone: 949-833-8373 Extension: 216

Recent Stories

Nifty Fifty

25th edition of the OC 50, most influential business leaders, includes a number of first-timers and a look back, at how this special issue began.

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Judge Denies Motions to Dismiss Mazzo Case

Judge Andrew Guilford ruled on Tuesday that the government can proceed with a third trial against health-care executive Jim Mazzo on insider trading charges.

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Judge to Rule Tuesday on Mazzo: Dismissal or Third Trial

Lawyers came to Judge Andrew Guilford’s courtroom on Monday with two motions and three arguments to prevent a third trial against Jim Mazzo for breaking insider trading rules.

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Opportunity

Took students to New York every January.

Happens in Vegas

Santa-Ana based ESports Arena expands to Las Vegas, with some local partners. Plus, Boeing shops a Surf City tower and how CSUF’s new boss is bringing the real economy to the Ivory Tower.

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Exporting Arts County

PSO, Carl St. Clair Make it To Carnegie Hall

Orange County’s Pacific Symphony played Carnegie Hall Saturday night (barring the unforeseen—The Business Journal goes to press Friday afternoon). It is as it seems. “A big deal. Always been at the apex,” said symphony President John Forsythe during the intermission of a “practice concert” at Segerstrom Concert Hall on April 14. “And to be invited and part of this series. And finishing it off there Saturday night. Very proud.”

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Ten Bagger

Any job should get a little old after say, 25 years, even for those at the top of their game.

Venture Banker

Byron Roth has run Roth Capital in Newport since 1992. The 30th Roth Capital Conference in Dana Point had 550 presenters, 4,700 attendees and Big & Rich.

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Perspective

Edwards Lifesciences and high-flying unicorn Rocket Labs share a passion in this week’s paper: OC’s “talent pool.”

Manufacturers Post 36th Quarter of Modest Growth

MANUFACTURING: Labor shortage, price spikes loom

For the 36th straight quarter, Orange County manufacturers plan to expand output—as measured by Chapman University’s quarterly survey of purchasing managers.

Cool Rockets

Surf City’s Rocket Lab is about to take off, aiming to scale space with frequent trips and payloads of thousands of small satellites. Some smart money is betting on this unicorn.

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Optimism Stays Near Peak In Survey of OC Execs

Hiring Plans Goose Index Amid New Concerns

In looking to the second quarter, Orange County executives kept up the optimism. That’s according to California State University-Fullerton’s Orange County Business Expectations Survey, whose composite index held near its all-time high, dipping slightly quarter-over-quarter from 95.2 to 94.4.

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The Distinguished Businessman

Congressman Ed Royce, (R-Fullerton), took a victory lap last week before an OC Forum lunch crowd in Irvine … 36 years in office, 10 Sacto, 26 D.C. “When I was 40, putting term limits on committee chairs seemed like a good idea,” Royce joked.

Edwards Pumped Up OC Publics

We look at the collective performance of OC’s largest public cos. in the trailing twelve months, which was led by the largest—after another year of healthy returns at Edwards Lifesciences Corp.

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Scorecard: Local Q1 Initial Public Offerings: 1

Slow Start, But OC ‘Set up for Strong Year’

The first quarter was OK for initial public offering activity, nationally and in the West—just not here.

Focus OC Warns of Future Without a Middle

ECONOMY: Deep, well- funded study a call to action

It wasn’t “please pass the cyanide,” but the report was largely sobering.

A Nod to Eric Church

Rsing tide of recovery hasn’t lifted all boats—2.9% growth and half of all industries undergoing disruption can reduce the boost.

Building a Brand And A Moat in Electric Bikes

RETAIL: Don DiCostanzo powers Pedego on the 4 Ps

Tom Bock had just sold his company when he heard about Pedego electric bikes. “My friend had a bad experience with service, went to see Don, and he got him squared away.

Record Year

The cycle won’t last forever, but the OC commercial real estate community will always have 2017.

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Midday Stock Roundup

The S&P 500 was up 0.4% midday trading to 2,670.97.

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Midday Stock Roundup

The S&P 500 was up 1.5% in midday trading to 2,625.68.

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Michael Griego: To the Startup Ecosystem Borne

Degree Says UCI, Merage; Should Say ‘The Cove’ Too

A new report “Orange County Focus: A View of the OC’s Future” will be out this week.

Esprit de Entrepreneur

Entrepreneurs abound in this issue, honorees of our 17th annual Excellence in Entrepreneurship Awards—EIE.

Feting Our Next Big Thing

We feature the honorees of our 17th Annual Excellence in Entrepreneurship Awards, including high-flying, fintech AutoGravity and hybrid digital solutions/investor-incubator Cie Digital Labs.

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Fusion Future

’93. Produced a video for local gambit into cold fusion.

Dream Fusion

Tech editor Chris Casacchia visits with the engineers and physicists at TAE Technologies—20+ years into vying for the holy grail of energy: a fusion-fired power plant.

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Feds Seek Third Try at Mazzo

Justice Department lawyers said this week they plan to try medical-device executive Jim Mazzo for a third time for violating insider trading rules after two prior efforts ended in hung juries.

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Team Tan in Trouble

Hock Tan’s plucky bid for Qualcomm caught in China-U.S. crossfire.

Is This New Orleans? No, Newport Beach

ENTERTAINMENT: Ron Kobayashi’s Bayside jam turns five

“We wanted a place where we could eat late, listen to live music, and actually be able to hear each other,” recalled Mark Ghoukassian, 18-year owner of Bayside Restaurant.

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Big Deals

We look at the biggest real-estate deals of 2017, topped by the FivePoint buy and partial leaseback of the Broadcom campus.

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GOP Throwdown: Baugh to Battle Rohrabacher

Longtime Orange County GOP Chairman Scott Baugh will challenge 15-term Republican Congressman Dana Rohrabacher in the 48th district.

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Irving “Papa” Gelman Dies

Irving “Papa” Gelman, the man who founded Orange County’s only independent Jewish day school, Tarbut V' Torah (TVT), has died. He was 94.

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OC Insider

Bill Halford

Bill Halford … death of ex-Irvine Co. office boss and Bixby Land CEO William R. “Bill” Halford hit hard (p. 1).

It All Started With a Cold Call

Marybelle and Paul Musco Lead $120M ‘Miracle at St. Michael’s’

In less than two weeks, the Norbertine priests and seminarians at St. Michael’s Abbey in Silverado Canyon will break ground on their new home. It’s a 327-acre campus around the bend from their decaying original.

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A Record-Setting Year for Transformative Gifts

Big Giving Up And Unprecedented in 2017

This is the Business Journal’s first ranking of largest charitable gifts. Was an easy inspiration. The Susan and Henry Samueli gift to the University of California-Irvine, the Fowlers’ and Kecks’ to Chapman University, the Argyros’ to Segerstrom Center (and others) were front-page stories, in some cases record in scope, even on a national level.

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Famous Angels, Admiral Top Cove Forum

How Stance CEO Became One of Them

In one of Jeff Kearl’s early deals, a venture capital firm pulled its term sheet in the last days. The investor/executive had an idea—go work at a venture capital firm. “Most VCs are … highly networked,” Kearl said.

Toshiba Bow

This week we look at the return of OC’s only PGA event, the Toshiba Classic at Newport Beach Country Club. Field is stellar with Daly, Couples, Singh, etc. But there will be changes in 2019, including a new title sponsor.

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After Mistrial II, What Next for Mazzo?

LEGAL: Not unanimous, but all but 2 jurors wanted to acquit

This one wasn’t close. Sort of. The jury in the retrial of longtime Orange County medical-device executive Jim Mazzo failed for a second time to reach a verdict on insider trading charges.

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Play it Again, Sam

Final dispatch Mazzo Mistrial II …

Those Cool CFOs

This week we profile the five honorees from the Business Journal’s 11th Annual CFO of the Year Awards, including Apria’s Debby Morris, a fan of military methods, big data and hiring smarter.

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Mazzo Mistrial Again

Jurors deadlocked Wednesday in the retrial of local medical device executive Jim Mazzo on insider trading and perjury charges. Judge Andrew Guilford declared a mistrial.

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Mazzo Jury, Day 4

The jury in the retrial of former Advanced Medical Optics (AMO) Chief Executive Jim Mazzo deliberated for a third day on Tuesday and went home—with reports that one was ill. Mazzo is being retried at the Ronald Reagan Federal Courthouse in Santa Ana on 16 counts of violating insider trading laws and four new counts of perjury.

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C Stands for Cool

“These are the coolest CFOs in the universe.”

The Executive v. The Ballplayer

For the second time in a year, the fate of Jim Mazzo is in the hands of a federal jury. Prosecutors are still alleging the founder and former chief executive of Advanced Medical Optics violated insider trading laws by telling his friend and Laguna Beach neighbor Doug DeCinces that his company was being bought by Abbott Laboratories.

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Mazzo Awaits Fate

Medical device executive Jim Mazzo’s fate is once again in the hands of a federal jury.

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Mazzo Retrial to Jury

For the second time in a year, the fate of Jim Mazzo is in the hands of a federal jury. Prosecutors are again alleging that the founder and former chief executive of Advanced Medical Optics (AMO) violated insider trading laws when he disclosed to his friend and Laguna Beach neighbor Doug DeCinces that his company was being bought by Abbott Laboratories.

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‘Let’s Get This Figured Out’

Patty. By now you know the tragic story of CDM High School student Patrick “Patty” Turner. Patty took his life on Saturday, Jan 27. The sophomore’s final exams started the following Monday.

Carson Kropfl Cruisin’ Through Growth Stage

‘Shark Tank’ Winner Shreds Sales With Sir Richard as Partner‘Shark Tank’ Winner Shreds Sales With Sir Richard as Partner

Seventh-grade entrepreneur, TED talker and Richard Branson protégé Carson Kropfl insists he “wasn’t an overnight success.”

Toll Road Turnaround

Once bitten twice in love—why Wall Street can't get enough of OC muni debt.

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What They Don’t Teach at M.I.T.

For the most part Orange County doesn’t have celebrities. At least not the Hollywood kind. Orange County has business celebrities.