Orange County Register: Business

  • 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

  • FBI raids ambulance company
    Tuesday - 10/21/2014 - 07:10 PM

    Federal agents on Tuesday raided the offices of ProCare Mobile Response, a Los Angeles-based ambulance company that was named earlier this year as an alleged co-conspirator in a whistleblower lawsuit claiming that an illegal kickback scheme bilked...

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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

  • How long does it take to buy a home?
    Sunday - 10/19/2014 - 10:00 AM

    Open houses are a fundamental way for agents to keep their fingers on the pulse of hopeful home buyers.
    An open house puts buyers and agents face to face, handshake to handshake, and subject to common spoken greetings such as, “Hi, I’m Leslie,...

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  • 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

  • Status Update: People on the move in O.C.
    Friday - 10/17/2014 - 04:14 PM

    On the Move Lauren Provence has been promoted to assistant account executive at Morgan Marketing & Public Relations in Irvine. Provence has been working with the company for a little more than a year.More | Talk | Read It Later | Share

  • Irvine-based Habit burger chain files for IPO
    Thursday - 10/16/2014 - 06:45 PM

    Irvine-based Habit Restaurants filed for an initial public offering Thursday, with a goal of raising as much as $86.3 million, a regulatory filing stated.
    The company, which was founded in Santa Barbara, has yet to choose an exchange, but its symbol...

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  • Slow pace of building drives up home prices
    Thursday - 10/16/2014 - 04:03 PM

    What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take.


    From Freddie Mac’s weekly survey: Interest rates for the fixed, 30-year mortgage plunged this week, falling below 4 percent for the...

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  • Bullish stock market losing steam
    Wednesday - 10/15/2014 - 09:58 PM

    Has the stock market run out of gas?
    Seemed like it Wednesday. Traders were in sell mode and, by midday, had slashed key market indicators by nearly 3 percent. A late rally eased losses, but the widely watched Standard & Poor’s 500-stock index...

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  • Average asking rent at county's big complexes at all-time high
    Wednesday - 10/15/2014 - 06:23 PM

    Average asking rent for big Orange County apartment complexes hit an all-time high of $1,765 a month in September, apartment tracker RealFacts reported Wednesday. That’s up 3.3 percent from a year earlier, for an average rent increase of $57 a...

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