Blog - Page 35 of 140 - The Petluck Team

February 26, 2024

KKR nears $4 billion deal for Broadcom unit, formerly a piece of VMware

By Ryan Gould | Bloomberg KKR & Co. is nearing a deal worth about $4 billion to buy a software business from Broadcom, according to people with knowledge of the matter. The acquisition could be...

February 26, 2024

Irvine chamber’s interim CEO promises ‘a very transparent organization’

As he’s stepped into his new role, the newly-appointed interim CEO of the Greater Irvine Chamber of Commerce promised transparency but did not offer much specifics as to how he would lead the organization in...

February 26, 2024

City leaders to discuss multi-million dollar contracts for Great Park amphitheater

With the start of summer just a few months away, Irvine leaders are ramping up efforts to bring live music back to the city. On Tuesday, Feb. 27, the Great Park board and City Council...

February 24, 2024

Time to ‘play ball’ in Orange County

With crisp uniforms and big smiles, young ballplayers celebrated the start of a new season of baseball. Little League and Pony Baseball teams throughout Orange County hosted opening day events on Saturday, while others are...

February 23, 2024

CSUF alumna honored for her work creating low-income housing

In honor of their accomplishments in their respective fields and their service and support of the university, Cal State Fullerton is recognizing four Distinguished Alumni and two Honorary Alumni on Feb. 24 as the 2024...

February 23, 2024

Real estate news: Demolition begins for 2-building office complex in Santa Ana

A two-building office campus is Santa Ana is being torn to shreds this week as a redevelopment project ratchets into high gear. Kearny Real Estate is replacing Elevate@Harbor at 3100 and 3130 S. Harbor Blvd....

February 22, 2024

Rivian to cut 10% of salaried staff as EV momentum stalls

By Ed Ludlow and Aashna Shah | Bloomberg Irvine-based Rivian Automotive shares fell in early trading after the electric-vehicle maker issued a disappointing production forecast and announced plans for another round of job cuts. The...

February 20, 2024

Irvine-based Rivian has a cash problem as EV demand slows

By Esha Dey | Bloomberg Irvine-based Rivian Automotive lost its claim to be Tesla’s most credible competitor long ago. Now, its ability to navigate an EV demand slowdown poses its biggest test. With even auto...

February 20, 2024

Walmart moves forward with $2.3 billion deal to buy Irvine’s TV maker Vizio

By Jaewon Kang | Bloomberg Walmart topped earnings estimates in the fourth quarter as choosy shoppers nevertheless kept buying in its stores. Separately, Walmart said it agreed to buy smart-TV maker Vizio Holding Corp. for...

February 17, 2024

Election 2024: Get to know the candidates in California’s 37th state Senate race

The race for California’s 37th state Senate district is a crowded one — and features some familiar names for legislative spectators. The sprawling SD-37, which changed during the decennial redistricting process in 2021, includes at...