Stories for October 2002
Monday, October 28
Corporate Refugees Fuel Hot Market for Small Businesses
There's an alternative to all those SUVs and swanky sports cars cruising around Newport Beach: a pale green scooter that looks like it's straight out of a 1950s Italian flick.
VIEWPOINT by Jon Gothold, partner and executive creative director of Santa Ana-based advertising agency DGWB.
The Graduate School of Management at the University of California, Irvine, has launched the Judy B. Rosener Endowed Scholarship Fund, started by school alums Darcy and Richard Kopcho.
Irvine medical device maker Alsius Corp. has raised $10 million in a fifth round of venture funding.
CALIFORNIA'S BUSINESS CLIMATE: Survey of 287 corporate executives nationwide by Development Counsellors International.
Tiny Biozhem Grows Fast, Then Leaves for Grass Valley
Orange County still could eek out a small rise in jobs for 2002 but now the county's flirting with its first annual employment decline in nearly a decade, economists say.
In the go-go days of the late 1990s, corporate expansions drove commercial real estate. These days, it's corporate consolidations.
Bridge Over Troubled Water: Gear Maker's Outlook Cloudy
Costa Mesa-based Volcom is opening its first U.S. retail store in a trendy part of Los Angeles.
Monday, October 21
Travel agency Navigant International Inc. has come up with a way for corporate travel managers to salvage nonrefundable tickets in the face of new use-it-or-lose-it policies by big airlines.
Call it the new North-South rivalry. As if San Francisco isn't always having to pump itself up against Los Angeles, now it's got Orange County to contend with.
Irvine-based Broadband Storage Inc. has been acquired by Quantum Corp. offshoot Snap Appliance Inc.
Vision insurance administrator Medical Eye Services Inc. is moving its headquarters from Long Beach to Costa Mesa into a building that once housed operations of Laguna Hills-based Del Taco Inc.
Costa Mesa-based Experian Information Solutions Inc. is consolidating two of its online consumer credit groups as it seeks to boost its share of the growing data-services market.
Maytag Corp. Chief Executive Ralph Hake is returning to Orange County to open The Maytag Store in Costa Mesa on Friday.
Higher profits, growing assets and few bad loans have driven the stocks of Orange County banks.
Monday, October 14
Wireless technology companies seem to be picking up where optical gear startups left off a couple of years ago.
Cypress-based PacifiCare Health Systems Inc. says it's searching for an agency to create a $2 million advertising and marketing campaign aimed at Latino consumers.
More business usually means more profits. Not for Costa Mesa industrial ceramics maker Ceradyne Inc.
Monday, October 7
As shippers and dockworkers bickered last week over which side was to blame for the port lockout, a separate debate took place outside the negotiating room.
It's "report card" season for health maintenance organizations. The ratings aim to make it easier to pick a healthcare plan by boiling down key measures of quality and user satisfaction. Last week, the state released its second yearly report card on HMOs
Belfast may not be the first choice for businesses looking to set up an overseas office. But Irvine-based California Software Corp. says it's delighted with the 10 software developers at its office in Northern Ireland's capital.
A $60 million investment in Newport Beach-based Jazz Semiconductor Inc. implies a hefty valuation for the recent spinoff.