Category: Top Stories

Matt Renault and Spencer Moran thought they found their lane in office coworking spaces. Then, COVID-19 and a difficult office market forced their hands. Renault and Moran used the pandemic as an opportunity to pivot the mission of the construction company they founded in 2017. Irvine-based RAM Construction LLC, ranked Read More

Palmer Luckey, the leading entrepreneur in Orange County, already has Oculus VR and rapidly expanding Anduril Industries under his belt as startup unicorns. Now he’s working with fellow President Donald Trump-supporting billionaires such as Peter Thiel and Joe Lonsdale to start a bank to aid fledgling tech companies and other Read More

Xponential Fitness Inc. aims to get back in shape on Wall Street. An 18-month investigation by the Securities and Exchange Commission ended July 1 with no action taken, according to a July 2 filing. Shares jumped 35% to $10.10 in the trading session after the regulatory news was revealed. At Read More

When staffing challenges arose across Galardi Group’s Wienerschnitzel restaurants, Chief Operating Officer Rusty Bills said he sought out tools to maintain efficiency despite the tightened labor conditions. Pre-pandemic, 15 to 20 people would be scheduled to operate a restaurant per shift. But, as dining room restrictions ceased, Wienerschnitzel could muster Read More

Irvine officials say they have grand plans for turning the Great Park into something beyond a large regional sports park, with new museums, lake system, amphitheater, food and dining options, and more on the docket over the coming years. “This is the most ambitious park development project in the United Read More

A portion of an eight-floor office building near John Wayne Airport could be converted into 75 apartment and townhome units. The Irvine Planning Commission, on June 5, recommended a proposal to convert the first four floors of an eight-story office building at 1901 Main St. in the Irvine Business Complex Read More

Visionary Ventures, which was co-founded by the Octane accelerator a decade ago, is aiming to raise $250 million for its third fund. The Newport Beach-based firm previously raised $30 million for its first fund and about $150 million for its second fund. “Nobody’s ever built a venture fund like this Read More

Karman Space & Defense has acquired Utah-based Industrial Solid Propulsion (ISP), a specialist in military-focused technologies, for a purchase price of up to $60 million. ISP products are used in the rapidly growing drone, drone intercept and rocket system sectors to keep the aircraft flying at top speed. Huntington Beach-based Read More

New York City brand Todd Snyder, which GQ calls “one of the best menswear” brands in the nation, has arrived in Orange County with its first local outpost at Fashion Island. Founder Todd Snyder told the Business Journal that it made sense for his namesake brand to open at the Read More