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New AutoGravity CEO Tries to Avoid Potholes

FINTECH: Vows smoother ride after leadership shakeupAutoGravity Corp., the Irvine fintech recently embroiled in management turmoil, is for sure keeping one thing: a wooden slide employees use to spirit themselves from the second floor to the first.

Chipotle Adds Legal, Development Execs

Chipotle Mexican Grill Inc. (NYSE: CMG) in Newport Beach named Roger Theodoredis chief legal officer and Tabassum Zalotrawala chief development officer.

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Chapman Sees Slowing Economy

The economies of Orange County, California and the U.S. should continue their expansions next year, albeit at slower rates, according to Chapman University’s annual economic forecast.

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Buena Park Food Maker Sold

Buena Park-based Simply Fresh Foods was sold to Lakeview Farms LLC in Delphos, Ohio.

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Taco Bell Gets 2nd Down Under Franchiser

Taco Bell Corp. of Irvine signed its second franchiser for Australia and New Zealand, more than doubling the number of units it plans in the two countries to 110.

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UCI Health Names COO

UCI Health appointed Chad Lefteris chief operating officer, effective Dec. 17.

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Grippo’s New Berth: Bellwether, Dana Point

Bellwether Financial Group in Newport Beach named Ralph Grippo a principal, the company said.

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Uniti Bought for $63.9 Million

Uniti Financial Corp., the largest Korean-American based bank in Orange County, is being bought by Walnut Creek’s BayCom Corp. (Nasdaq: BCML), the holding company for United Business Bank, for $63.9 million.

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Hotels Continue Strong

Local hotels, countering some expectations that the hospitality market was cooling, kept up a year of strong performance in October in the county overall and seven OC submarkets.

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Disneyland SVP to Hong Kong

Disneyland Resort Senior Vice President of Operations Stephanie Young will replace Hong Kong Disneyland Managing Director Samuel Lau Wing-kee, reporting to Michael Colglazier, president and managing director of Walt Disney Co.’s parks and resorts in Asia.

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Mazzo Criminal Case Dismissed

“Mr. Mazzo, you must be very happy.”

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Windjammer Fund Raises $870 Million

Newport Beach’s Windjammer Capital Investors said it has completed fundraising for its fifth fund, Windjammer Senior Equity Fund V LP, with aggregate capital commitments of $870 million.

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Long Beach Airport's Romo Retires

Long Beach Airport Director Jess Romo will retire effective Jan. 31.

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20 Habits to Greater Chicago

Habit Restaurants Inc. (Nasdaq: HABT) said a new franchisee to its system, Bloomfield, Mich.-based Tremendous Brands Group LLC, will open 20 locations in Illinois and Indiana, with the first to come by mid-2019.

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No Mazzo Deal Yet

Late Tuesday, Judge David Carter ordered a second hearing, set for Thursday, before he will sign off on James Mazzo’s agreement with the Securities and Exchange Commission to settle insider trading charges.

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JWA October Air Traffic Down

John Wayne Airport had 907,000 passengers in October, down 2.5% year-over-year; commercial flights declined 1.4% to about 4,000.

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