In another strange turn tied to the sale of the iconic Ziggurat building, the U.S. General Services Administration canceled the high-profile online auction of the 92-acre property on Wednesday, stating it plans to hold another auction this month. “Today, the U.S. General Services Administration announced the cancellation of the recent Read More
Another struggling Orange County apparel company is downsizing. Retailer Vans, whose parent company is VF Corp. (NYSE: VFC), is laying off 82 workers at its Costa Mesa headquarters, according to a Worker Adjustment and Retraining Notification (WARN) letter sent to state employment officials on April 29. Jobs impacted include footwear Read More
Taco Bell is once again bucking the trend by delivering “staggering” sales growth amid a broader slowdown in consumer spending, parent company Yum Brands reported Wednesday. The Irvine-based fast-food giant posted a 9% increase in same-store sales in the first quarter—a key metric of restaurant performance. That’s “an impressive achievement, Read More
Kaye Gitibin, the chief executive of Go Rentals, is a self-professed hospitality junkie. “The answer to every question is yes,” Gitibin told the Business Journal about the service he provides at his luxury car rental business. That mantra has proved sustainable for the Newport Beach-based company, which marks 30 years Read More
First American Financial Corp. named a new chief executive and chief financial officer following the abrupt departure of CEO Ken DeGiorgio, who was arrested this month by federal authorities in connection with an alleged assault aboard a Caribbean cruise. DeGiorgio was taken into custody this month for allegedly choking a Read More
At any given moment, 15-year-old Ryan Hickman can rattle off how much he earns per pound for recycling everything from boxed wine containers to copper. There’s no limit to what he’ll collect. If it can be recycled, he’s on it—even if the payout is zero. “It’s good for the planet,” Read More
Santa Ana-based First American Financial Corp. (NYSE: FAF), one of the nation’s largest title insurers, announced the departure of CEO Ken DeGiorgio, who was arrested April 3 for allegedly attacking a fellow passenger during a Caribbean cruise. DeGiorgio faces federal criminal charges over “choking another passenger” on the dance floor Read More
Santa Ana-based First American Financial Corp. (NYSE: FAF), one of the nation’s largest title insurers, announced the departure of CEO Ken DeGiorgio, who was arrested April 3 for allegedly attacking a fellow passenger during a Caribbean cruise. DeGiorgio faces federal criminal charges over “choking another passenger” on the dance floor Read More
