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    1. What’s Open, What’s Closed in Orange County

      What’s Open, What’s Closed in Orange County

      Tuesday’s reveal Orange County could move to the next phase of reopening brings a fresh set of lifts on various operations restrictions.

      Here, a listing by sector of what businesses may reopen in line with state health and safety precautions with OC’s move into the red or “substantial” tier of California’s Blueprint for a Safer Economy.

      Full, industry-specific guidance on reopening with safety modifications and practices can be found here.

      Read Full Article
    2. Chapman Report: 2020 Housing Boost

      Chapman Report: 2020 Housing Boost

      Economists led by university president emeritus Jim Doti and Professor Raymond Sfeir today released their annual economic forecast, which foresees the U.S. economy slowing to a 1.9% expansion next year but with no recession on the horizon. They also estimate California’s trade with China will show a 14% plunge to $153 billion this year from $178 billion in 2018, while the Golden State is losing its “moxie.”

      Read Full Article
    3. Training Ex-Homeless to Hit Cybercrime

      Training Ex-Homeless to Hit Cybercrime

      Cisoshare and United Way are training the formerly homeless to fight cybercrime.

      The effort involves OC United Way, led by Susan Parks, and San Clemente-based Cisoshare’s CEO Mike Gentile.

      It aims to embed technology security skills in people looking to re-enter the job market and provide workers skilled in a growing area of technology to local businesses.

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    4. Juice It Up Sold

      Juice It Up Sold

      Juice It Up was sold to SJB Brands LLC, a partnership of three investors: Dover Shores Capital LLC, Britt Private Capital LLC and Jupiter Holdings LLC.

      Juice It Up, a juice and smoothie chain, will stay in Irvine, a spokesperson said. Purchase price and other details of the sale were not disclosed.

      The investors are in Newport Beach; Britt Capital and Jupiter Holdings list the same 24 Corporate Plaza HQ.

      Read Full Article
    5. Entrepreneurship Center Gets New Director

      Entrepreneurship Center Gets New Director

      Chapman University said today Matthew Hanson will replace Shan Steinmark as director of its entrepreneurship center, the Ralph W. Leatherby Center for Entrepreneurship and Business Ethics. Hanson will start Sept. 1. The center is part of the Argyros School of Business and Economics.

      Hanson is a Chapman alum, earning his MBA from the university in the mid 1980’s and then getting a Ph.D. in Aerospace Engineering from USC in the late 1990’s. He has served as an adjunct professor of finance at Chapman since 2012.

      Read Full Article
    6. Veritone Inc. Files IPO

      Veritone Inc. Files IPO

      Newport Beach-based startup Veritone Inc. aims to raise up to $15 million in an initial public offering, according to a registration statement filed yesterday with the Securities and Exchange Commission.

      The company, which provides artificial intelligence insights through audio, video and structured data, sold a minority stake last year to Acacia Research Corp., a Newport Beach-based company that primarily licenses patents.

      Read Full Article
    7. OC-Based Crowdfunder Launches

      OC-Based Crowdfunder Launches

      A former board member of Freedom Communications and his sister launched an online crowdfunding platform for Orange County individuals and nonprofit groups.

      David Threshie and his sister Susan Barrett — both OC natives — created Orange-based SproutOC. The platform is for state-registered nonprofits and for individuals, such as teachers purchasing supplies for their classrooms, neighborhoods rallying around a family dealing with a life-threatening illness, or a small charitable cause just getting started.

      Read Full Article
    8. Restaurant Co. Buys 38 Wendy’s

      Restaurant Co. Buys 38 Wendy’s

      Cotti Foods Corp. in Rancho Santa Margarita bought 38 Wendy’s International Inc. franchises in Kansas, Oklahoma and Texas, a news report said.

      The seller was an affiliate of LDF Food Group in Wichita, Kan., run by Larry Fleming, who opened the first of his Wendy’s locations in 1975.

      Terms were undisclosed but when Cotti made a similar purchase of 39 Wendy’s restaurants in California and Hawaii in 2014, the company borrowed $39.4 million to fund the acquisition.

      Read Full Article
    9. Banc of California Sells Home Loan Unit

      Banc of California Sells Home Loan Unit

      Irvine-based Banc of California plans to cut its headcount almost in half with the sale of its home loan division to Caliber Home Loans Inc.

      The number of employees will fall to less than 950 from more than 1,800, according to a filing with the U.S. Securities and Exchange Commission.

      “We expect most of these employees will be retained by Caliber,” spokesman Joe Hixson said.

      Read Full Article
    10. Center for Korean Studies Opens | Orange County Business Journal

      Center for Korean Studies Opens | Orange County Business Journal

      The University of California-Irvine opened a Center for Critical Korean Studies with a grant of about $850,000 from the Academy of Korean Studies in Seongnam, South Korea.

      Kyung Hyun Kim, professor of East Asian languages & literatures, will lead the center, housed in UCI’s Humanities Commons.

      Read Full Article
    11. Engineering Firm Acquired

      Engineering Firm Acquired

      CivilSource, Inc. in Irvine has been bought by NV5 Global Inc. in Hollywood, Fla., for an undisclosed cash price.

      CivilSource designs public roads and highways, and wastewater and flood control projects. It’s projected to have about $11 million in revenue in 2017; the acquisition will be immediately accretive to NV5’s earnings, the buyer said.

      Read Full Article
    12. Unemployment Down at Summer’s End

      Unemployment Down at Summer’s End

      Orange County’s unemployment rate fell to 4.1% in September from a revised 4.3% in August.

      The local jobless rate, which isn’t seasonally adjusted, was also down from the 4.2% estimated rate a year earlier, according to the state Employment Development Department.

      Local employers added 13,500 nonfarm jobs in September. Many of the gains came from government and the end of the summer recess.

      Read Full Article
    13. New Global Brand Boss for Vans

      New Global Brand Boss for Vans

      Vans Inc. in Cypress promoted Doug Palladini to global brand president, effective immediately.

      Palladini is taking over some duties from Vans President Kevin Bailey, who in March picked up additional responsibilities for Greenboro, N.C.-based parent, VF Corp., and now oversees its operations in Central and South America, as well as outdoor and action sports businesses in Canada and Mexico.

      Read Full Article
    1-24 of 31 1 2 »
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