Karma Automotive made a last-minute addition to its luxury vehicle line-up last month in response to the shaky consumer market for electric vehicles. The Irvine-based automaker introduced on March 20 the Amaris, its first 2-door coupe that will feature an extended-range electric vehicle (EREV) powertrain. The company expects to begin Read More
French luxury brand Baccarat, known for its crystal glassware, Rouge 540 perfume and eponymous Manhattan hotel, is making alterations to all its retail stores in 2025, using its recently renovated South Coast Plaza penthouse boutique as the model. The Costa Mesa store, one of two Baccarat locations in California, is Read More
The phrase “Orange County remains strong” can be heard across this year’s list of the region’s top 18 commercial real estate brokerages with local offices. The group of firms recorded an 6.2% jump to $42 billion in transaction value of sales and leases in 2024, according to Business Journal data. Read More
El Pollo Loco (Nasdaq: LOCO) said it “received an unsolicited, non-binding indication of interest from Biglari Capital Corp.” on Monday, according to an SEC filing. Biglari Capital, headquartered in San Antonio, is led by Chairman and Chief Executive Sardar Biglari and owns the restaurant chain Steak ‘n Shake among other Read More
Developer Bob Olson says he’s “bullish on Orange County” as he sets his sights on two major hospitality projects in Newport Beach and Dana Point. “The hospitality industry has gone through a lot,” Olson, chief executive of Newport Beach-based R.D. Olson Development, told the Business Journal. “We’ve learned a lot Read More
Garrett James says he was never considered “best dressed” when growing up in Fountain Valley and playing college basketball at Chapman University. But now professional athletes from NFL players to Olympians are wearing his exclusively-designed basketball shorts and 1970s-inspired work jackets all over social media. James, founder and creative director Read More
Six months ago, John Ing embarked on his fifth run as chief financial officer, this time at Santa Ana-based KidWorks Community Development Corp. Ing won the Business Journal’s CFO of the Year Award in the nonprofit category last May for his work at the Illumination Foundation, which provides emergency housing Read More
Goodwill of Orange County has appointed Jesse Allen as the nonprofit’s new chief operating officer of its retail division, effective April 1. Allen succeeds Corrine Allen, who is retiring after 26 years at the Santa Ana-based organization. He will manage the donation goods retail operation across 30 Goodwill retail Read More
Rivian Automotive Inc. (Nasdaq: RIVN) manufactured 14,611 electric vehicles in the first quarter of 2025 and delivered 8,640. The Irvine automaker said the results were in line with its Q1 outlook of approximately 14,000 vehicles produced and approximately 8,000 vehicles delivered. Rivian also reaffirmed its 2025 delivery forecast of Read More
Rivian Automotive Inc. (Nasdaq: RIVN) said it manufactured 14,611 electric vehicles in the first quarter, a 4.5% increase from a year ago, and delivered 8,640, down 36%. The Irvine automaker said the results were in line with its Q1 outlook of approximately 14,000 vehicles produced and approximately 8,000 vehicles delivered. Read More
