Orange County Register: Business

  • Credit: Getting a handle on identity theft
    Sunday - 05/19/2013 - 03:00 AM

    Still living off credit cards? Can't figure out how much you could or should spend? Need to save for retirement? Deborah McNaughton, a Placentia credit expert, financial coach and author of "Money Trouble:

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  • UCI hospital prepares for employee strike
    Friday - 05/17/2013 - 07:12 PM

    UC Irvine Medical Center has canceled about 70 elective surgeries to prepare for a strike next week by patient care employees who make up 40 percent of hospital staff.
    The 48-hour strike by Local 3299 of the American Federation of State, County and...

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  • Farrell's Ice Cream Parlour to open store
    Friday - 05/17/2013 - 08:30 AM

    Farrell's Ice Cream Parlour is opening its next Orange County restaurant near Knott's Berry Farm.
    The ice cream parlor is taking over a Carrows restaurant on Beach Boulevard. Employees reached at the restaurant declined to comment, referring any...

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  • Really? Broker billed $600,000 in phone scam
    Thursday - 05/16/2013 - 10:15 PM

    Real estate news and views from around the globe that make you go, "Really?"
    A $600000 phone bill? St. Peters real estate agent says it's not her fault -- St.

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  • Cambodia factory collapse kills 2
    Thursday - 05/16/2013 - 06:51 PM

    Athletic shoe maker Asics Corp., parent company of Irvine-based subsidiary Asics America, has become the latest company to be pulled into the mounting controversy over dangerous working conditions at Asian garment and footwear factories.
    The ceiling...

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  • New business filings drop over April 2012
    Thursday - 05/16/2013 - 09:00 AM

    In April, 2,697 Orange County firms filed new business names with the county, down 1.5 percent from the same period in 2012, according to the county Clerk-Recorder's Office.
    The filings were virtually unchanged from March, when 2,698 companies filed...

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  • Newport builder's stock to sell at $25 per share
    Thursday - 05/16/2013 - 12:54 AM

    Privately owned Newport Beach homebuilder William Lyon Homes will go public Thursday, selling shares on the New York Stock Exchange for the first time in nearly seven years.
    The initial public offering price has been set at $25 per share, the company...

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  • Lyon Homes expected to go public Thursday
    Wednesday - 05/15/2013 - 02:10 PM

    Newport Beach-based William Lyon Homes is expected to announce the price per share of its new stock offering on Wednesday and begin selling shares on the New York Stock Exchange on Thursday under the WLH ticker symbol, the Wall Street Journal...

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  • Anaheim council hears opposition to hotel subsidy
    Wednesday - 05/15/2013 - 12:28 AM

    ANAHEIM – Several hours of debate continued late Tuesday night over a revised $158 million bed-tax subsidy to assist the developer of two new luxury hotels at The Shops at Anaheim GardenWalk.
    As of 9:30 p.m., the City Council had not reached a...

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  • Home sales, prices see double-digit gains
    Tuesday - 05/14/2013 - 10:13 PM

    Momentum continued to build in Orange County's housing market last month, with home prices and sales reaching levels last seen five to six years ago.
    The median price – the price at the midpoint of all sales – of an Orange County home hit...

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  • Surfwear maker Volcom hires new executive
    Saturday - 05/18/2013 - 09:00 AM

    Volcom Inc. has hired an executive from a surfwear industry competitor to fill a newly created vice president position that focuses on the women's division.
    Mandy Fry, previously a vice president at Billabong, will oversee the merchandising and...

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  • O.C. jobless rate drops to 5.7 percent
    Friday - 05/17/2013 - 07:21 PM

    Unemployment in Orange County and in California last month sank to their lowest rates in about five years, reflecting the nation's continuing recovery from the recession.
    The county's jobless rate dropped to 5.7 percent from 6.3 percent in March,...

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  • In the shadow of Google Glass
    Friday - 05/17/2013 - 07:44 AM

    As thousands of software coders gathered in San Francisco this week at Google's annual app-development conference, some already sported the company's very latest product – high-tech eyewear called Google Glass.
    Good thing.

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  • Lyon Homes goes public a second time
    Thursday - 05/16/2013 - 09:28 PM

    Homebuilder William Lyon Homes sold stock to the public on Thursday for the first time in nearly seven years, raising $217.5 million.
    Underwriters set the initial price for each of the 8.7 million new shares at $25 – up from the expected price of...

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  • Breakfast merger: Behold, the Waffle Taco
    Thursday - 05/16/2013 - 12:25 PM

    In the beginning, there was McDonald's McGriddle. And it was greasy.
    Now Taco Bell is testing its own breakfast mashup, a waffle rolled up like a taco around eggs and sausage (89 cents, syrup on the side), in its Santa Ana restaurant at Grand and...

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  • O.C. drone software firm raises $10.7 million
    Thursday - 05/16/2013 - 09:28 AM

    Airware, a Newport Beach software company that is developing a universal operating platform for commercial drones, said it has received $10.7 million in equity funding from Menlo Park venture capital firm Andreessen Horowitz and Google Ventures....

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  • How valuable is earthquake insurance?
    Wednesday - 05/15/2013 - 09:22 PM

    Like almost five out of six Californians, I don't carry earthquake insurance on my home. Every time I hear of a quake, such as the magnitude 4.5 Yorba Linda quake that struck last summer, I fret about the risk I'm taking by not adding it.

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  • Goodwill goes upscale
    Wednesday - 05/15/2013 - 03:00 AM

    The gently used $7.99 lace T-shirt on the hanger bears a designer label: Christian Dior. Nearby, a pair of cream and taupe Gucci sneakers sits waiting to be priced. A classic Burberry raincoat with the signature plaid lining beckons from a display...

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  • Stock buyback a salve for Edwards
    Tuesday - 05/14/2013 - 09:04 PM

    Heart-valve maker Edwards Lifesciences Inc., which has been under the harsh gaze of investors since last month, got a bounce on Wall Street Tuesday after it announced a $750 million stock-buyback program.
    The Irvine-based company also revealed that...

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  • May 16 Free Job Fair in Mission Viejo
    Tuesday - 05/14/2013 - 06:38 PM

    A free job fair will take place May 16 at the Norman P. Murray Community and Senior Center in Mission Viejo.
    Employers scheduled to attend include CVS Pharmacy, Brandman University, the County of Orange, Doubletree by Hilton Doheny Beach, Iconosys,...

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  • UC seeks to limit striking hospital workers
    Saturday - 05/18/2013 - 06:52 PM

    The state of California will go to court Monday seeking to restrict union workers in critical health and safety positions from joining a planned two-day strike this week at UCI and four other UC medical centers, according a press release from the UC...

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  • ‘Jumbos’ made up 45% of April loans
    Friday - 05/17/2013 - 02:00 PM

    Loans for more than $417,000 made up 45 percent of all mortgages used to buy Orange County homes last month, DataQuick Information Systems reported this week.
    That’s the highest percentage of traditional “jumbo loans” since August 2007 – the...

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  • 7.7% of O.C. home sales were foreclosures
    Friday - 05/17/2013 - 10:00 AM

    Homes that had gone through a recent foreclosure made up the smallest proportion of the Orange County housing market last month in more than five years, figures from DataQuick Information Systems show.
    DataQuick reported that 256 of the homes resold...

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  • O.C.'s Steven Bren moves up the tax delinquent list
    Thursday - 05/16/2013 - 06:35 PM

    Steven Bren is the son of the richest man in Orange County. His last known address is an $8 million ocean-view custom home in Emerald Bay, public documents show. He raced motorcycles and formula cars and made a business out of selling sports cars....

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  • State tax teams plan visits to 11 more cities
    Thursday - 05/16/2013 - 10:00 AM

    Almost 10,000 businesses in San Juan Capistrano and 10 other California cities have received warnings that state tax hunters will visit them in search of unpaid sales and use taxes and other mandated fees, according to the California State Board of...

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  • Payday loans come under scrutiny
    Thursday - 05/16/2013 - 09:00 AM

    Tristin Hernandez has a steady job in Irvine as a special education instructor, but he occasionally runs short on cash before his monthly paycheck arrives.
    When that happens, there aren't a lot of options.
    Last week, in need of a few hundred bucks to...

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  • Three O.C. firms make Barron's list
    Wednesday - 05/15/2013 - 08:02 PM

    Three Orange County-based companies – all in Irvine – made the 2013 Barron's 500 performance list and all saw significant improvement over their 2012 rankings.
    Western Digital Corp., the data storage drive maker, placed third on the list, up from...

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  • Honda Center will hire 500-plus employees
    Tuesday - 05/14/2013 - 11:00 PM

    ANAEHIM – The Honda Center's management announced late Tuesday that it will hire more than 500 food and beverage employees in the wake of current employees being told that they will be laid off.
    Potential applicants were directed to the Honda...

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  • Really? Trulia cool to bubble talk
    Tuesday - 05/14/2013 - 08:57 PM

    Real estate news and views from around the globe that make you go, "Really?"
    Trulia: Why There’s No Home-Price Bubble -- Wall Street Journal
    Rebuilding Jersey Shore's Real Estate Post- Sandy -- Fox Business
    Real estate agent loses license for not...

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  • Climbing O.C. home prices hit 5-year high
    Tuesday - 05/14/2013 - 12:39 PM

    Momentum continued to build in Orange County's housing market, with local home prices rising last month at the fastest pace in seven years.
    The median price of an Orange County home hit $535,000 in April, DataQuick Information Systems reported...

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