Lugano’s Founder and Chief Executive Moti Ferder has resigned amid an internal probe of the luxury jewelry company, effective May 7. President Josh Gaynor has been appointed as interim CEO and will work with Lugano Chief Financial Officer Christoph Pachler to take over the former executive’s responsibilities. Ferder’s exit Read More
Irvine-based chipmaker Skyworks Solutions Inc. said second fiscal quarter revenue was $953 million, slightly above analysts’ estimates. The shares rose 2.8% to $68.76 apiece in after-hours trading. The company said that for the current quarter it anticipates revenue of $920 million to $960 million, with adjusted diluted earnings per share holding steady at Read More
Every day, many business owners work hard to run their companies. But some forget about something very important: what happens if someone gets hurt? While trying to grow and keep customers happy, it’s easy to miss the risks that come with owning a business. What if a customer falls or Read More
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
The Irvine Company revealed plans Wednesday to convert the privately operated Oak Creek Golf Course and two adjacent commercial parcels into a predominately residential neighborhood called Spectrum District Village. The new village, to be located at the northeastern end of the Irvine Spectrum District, would bring single-family houses and a Read More
LOS ANGELES, Calif. /California Newswire/ — In a raw revelation of maternal mental health struggles rarely discussed openly, wellness coach Emily Wright Mitchell has released “Better Than Before: How Overcoming Depression and Obesity Led To One Mom’s Wellness Transformation” (ISBN: 978-1964377841 [ebook]; 978-1964377834 [paperback]; Legacy Launch Pad Publishing). This unflinching Read More
Digital ad company Viant Technology in Irvine said first-quarter revenue rose to $70.6 million, well above analysts’ estimates, sending the shares up 7.2% in after-hours trading. “With unique exposure to secular tailwinds and differentiated technology, we believe Viant is well positioned to outperform the broader advertising industry,” CEO Tim Vanderhook Read More
Irvine-based medical device maker Masimo Corp. today announced that it has entered into an agreement to sell its Sound United consumer audio business to Harman International, a wholly owned subsidiary of Samsung Electronics Co., for $350 million. “Since I took over as CEO, a key objective has been refocusing our Read More
Chipotle Mexican Grill has appointed Jason Kidd, the current global chief operating officer at Irvine’s Taco Bell, as its newest COO starting May 19. Kidd joins the Newport Beach-based chain (NYSE: CMG) to oversee nearly 3,800 restaurants and 130,000 employees as of March. Before he joined Taco Bell in Read More
Hoag Memorial Hospital Presbyterian has appointed Dr. Jack Sun to lead the cardiovascular surgery program at Hoag’s Jeffrey M. Carlton Heart & Vascular Institute. “Dr. Sun’s arrival marks a new chapter for cardiac care at Hoag,” Hoag Chief Executive and President Robert Braithwaite said in a statement. The cardiovascular surgery Read More
