Orange County Register: Business

  • Was summer's homebuying pace really all that slow?
    Friday - 10/24/2014 - 09:01 PM

    It’s easy in today's scare-first world to take this year’s slower homebuying pace as another reason for economic alarm.
    Take the latest bit of cool-down evidence: In the third quarter, CoreLogic DataQuick stats show 9,249 Orange County homes...

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  • Christmas backlog? Retailers fret over port congestion
    Friday - 10/24/2014 - 08:12 PM

    Ongoing labor negotiations at West Coast ports have put a retail trade group on edge as the holiday shopping season draws closer. While contract negotiations between shippers and 20,000 dockworkers at the ports are progressing toward a tentative...

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  • Report: Closures, job cuts for Sears, Kmart
    Thursday - 10/23/2014 - 07:14 PM

    Struggling retailer Sears Holdings is expected to lay off more than 6,000 employees and shutter 110-plus Sears, Sears Auto Center and Kmart sites throughout the country, according to news reports Thursday.More | Talk | Read It Later | Share

  • Startup investments slump in third quarter
    Thursday - 10/23/2014 - 01:30 PM

    Orange County startups raised fewer venture-capital dollars in the third quarter than a year ago, according to an analysis from Dow Jones VentureSource released last week.
    Startups received almost $159 million from wealthy backers, a 23 percent drop...

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  • Newport bank bought for $71.5 million
    Wednesday - 10/22/2014 - 05:30 PM

    Pacific Premier Bancorp Inc. of Irvine announced Wednesday it has agreed to buy Newport Beach-based Independence Bank for $71.5 million. Independence, a community bank, had $426.2 million in total assets as of Sept.More | Talk | Read It Later | Share

  • Homeowners rush to redo loans
    Tuesday - 10/21/2014 - 08:09 PM

    A freak drop in mortgage interest rates has fueled a “boomlet” in home loan refinancing in the past few weeks, lenders and mortgage brokers say.
    The dip created an unexpected opportunity for borrowers who missed out on the last refinance boom,...

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  • Trade group promotes O.C. as clean-tech hub
    Sunday - 10/19/2014 - 08:26 PM

    The companies that gathered for a clean-technology conference offered a kaleidoscope of ideas and ingenuity. First Element Fuel, a Newport Beach startup, touted its hydrogen vehicle stations for retail customers.More | Talk | Read It Later | Share

  • Realtors sound off on safety
    Sunday - 10/19/2014 - 03:24 PM

    Real estate agents react to recent violent attacks:
    “I once let a male prospect drive me in his truck to see properties. He insisted and the minute I got in his truck I knew I had made a mistake because I now put him in control.More | Talk | Read It Later | Share

  • Solar gold rush
    Sunday - 10/19/2014 - 03:00 AM

    When Ray Tse and her family moved into their Irvine home in April, their electricity bills averaged $250 a month. Then the long hot summer hit, increasing air conditioning use and pinching their pocketbook.More | Talk | Read It Later | Share

  • Unemployment rate drops as county adds 12,100 jobs
    Friday - 10/17/2014 - 04:56 PM

    Orange County employers added thousands of new jobs last month as the unemployment rate dropped and discouraged workers re-entered the labor force.
    The jobless rate sank to 5.1 percent in September from 5.4 percent the month before, according to...

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