
Major Job Losses as Republic National Distributing Closes Locations
News Summary Republic National Distributing Co. is set to close multiple locations across California, resulting in the loss of over 1,750 jobs. The layoffs, which
The Costa Mesa, CA Finance news category offers essential insights and updates on financial trends, market fluctuations, and economic developments specific to the Costa Mesa area. Readers can explore a diverse range of topics, including local investment opportunities, real estate analysis, and the performance of businesses within the city. Stay informed about key financial events, city budgets, and governmental initiatives that impact the economic landscape of Costa Mesa, CA. This section not only covers essential economic news but also provides tips for financial planning, budgeting, and local business growth strategies tailored to the Costa Mesa community.
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News Summary Republic National Distributing Co. is set to close multiple locations across California, resulting in the loss of over 1,750 jobs. The layoffs, which

News Summary Surlamer Investments has purchased the City Plaza office building in Newport Beach for $18.5 million, signaling a notable downturn in office property values

News Summary Pacific Premier Bancorp announced it will lay off 78 employees, nearly 6% of its workforce at the Irvine headquarters, as it prepares for

News Summary CTC Global has appointed Charles Girard as the Director of Business Development, International Finance, to enhance its global market efforts for its ACCC®

News Summary Santa Ana is experiencing a sharp decline in cannabis tax revenue, plummeting over 50% since its peak during the pandemic. Forecasts predict revenue

News Summary Chimera Investment Corporation has announced its acquisition of HomeXpress Mortgage Corp., a key player in non-QM and business-purpose residential mortgage loans. The move

News Summary Publicly traded companies in Orange County are facing significant challenges due to President Trump’s tariffs. Rivian Automotive Inc. has revised its EV delivery

News Summary MeridianLink Inc. reported a loss of $4.7 million in the first quarter, equivalent to a loss of 6 cents per share. This loss

News Summary Talonvest Capital, Inc. has closed $66.1 million in construction loans for two self-storage facilities in North Hollywood, CA, and Bordentown, NJ. The loans,

News Summary U.S. Bank reported a slight decline in SBA loans in Orange County for the fiscal year ending September 30, 2024, totaling $20.4 million.