Category: Business News

SAN DIEGO, Calif. /California Newswire/ — Twenty-five executive leaders from The Mortgage Collaborative (TMC) have been identified as holding current leadership positions in their respective state Mortgage Bankers Associations (MBAs), showcasing a growing alignment between grassroots industry advocacy and national operational collaboration. The individuals serve in roles ranging from chapter Read More

RxSight Inc., an Aliso Viejo maker of implantable eye lenses, fell as much as 32% in after-hours trading after revising downward its annual forecast. The company forecast 2025 sales of $120 million to $130 million, below the prior guidance for $160 million to $175 million; analysts expected $167.6 million. It Read More

In today’s fast-paced business world, companies constantly juggle multiple operations, including managing finances and inventory, coordinating with sales teams, and serving customers. Trying to handle each of these with separate, disconnected tools can feel like trying to untangle a massive knot. This is where the importance of ERP in business Read More

Anaheim-based Pacsun is launching its first sunglasses collection as part of the apparel company’s efforts to expand its exclusive offerings.   “Launching our first dedicated eyewear collection is another step forward for the Pacsun brand,” Chief Merchandising Officer Richard Cox said. “We’ve built our identity around youth culture, and now Read More

Joe Kiani, founder of Masimo Corp., was appointed chief executive of Santa Monica-based media technology company Like Minded Labs. “The creativity with which Like Minded Labs has applied its media processing capabilities is truly inspiring,” Kiani said in a statement. “I’ve always believed in technology that empowers people, and Like Read More

Ford Motor Co. is shutting down a design studio it operates in Irvine, resulting in 263 layoffs. The closure of Ford Design Studio, located at 3 Glen Bell Way in Irvine, was announced in a June 30 Worker Adjustment and Retraining Notification, or WARN, letter. Ford Design Studio will close Read More

Ingram Micro, a tech and electronics distribution giant, said it has been hit by a ransomware cyberattack. The Irvine-based company (NYSE: INGM) on July 5 first reported the attack, which knocked out much of its network. The company said it was “working diligently to restore the affected systems.” “The outage Read More

Orange County is home to the largest population of Vietnamese people outside of Vietnam. Within the thriving ethnic enclave is a collection of strip malls spanning parts of Westminster, Garden Grove, Fountain Valley and Santa Ana known as Little Saigon. Vietnamese grocery stores, restaurants and delis, totaling in more than Read More

SpyGlass Pharma Inc. has raised a $75 million Series D round that brings the company closer to commercializing its intraocular lens (IOL). Proceeds from the round, announced at the beginning of June, will help fund two large Phase 3 trials, which are set to begin later this year. “This not Read More

Chief Executive Paul Bay is leading tech distribution giant Ingram Micro into a digital future designed to shed time-consuming tasks and boost sales and margins. The Irvine-based company is betting that its AI-powered Xvantage platform will improve the industry’s traditional sales model. The platform is designed to streamline the process Read More