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NEWS
By Michael Alexander | February 17, 2009
Applications to Orange Coast College have shot up this year, but the school won’t be getting any more money to accommodate the extra applicants, officials said. OCC’s applications rose by 17% last year, said Dean of Enrollment Services Kristin Clark. That’s far more than the usual few percent rise, but something to expect in a recession, she said. “It’s significant, but we weren’t very surprised,” Clark said. “That’s kind of the trend going on with California community colleges.
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NEWS
September 2, 2003
S.J. Cahn The economic brakes may still be on, but that isn't slowing car sales in Newport-Mesa, particularly of luxury cars and SUVs. One of the area's most high profile dealers, Fletcher Jones Motorcars, produced almost $241 million in revenue during the first six months of the year, an 8% increase compared to the same six months in 2002. The dealer sold 2,659 new vehicles and 1,001 used models between January and June. Those numbers exceeded initial expectations, said Garth Blumenthal, general manager of Newport Beach-based Fletcher Jones.
NEWS
By Alan Blank and Paul Anderson | January 7, 2009
Two Costa Mesa nonprofit organizations serving the poor will combine resources, officials announced Wednesday. Share Our Selves, a large charity on Superior Avenue that provides homeless and low-income clients with medical care, food, monetary assistance and a variety of other programs, is swallowing up Families Costa Mesa, a much smaller Westside organization focused on services for children newborn to 5 years old. No staff will be laid...
NEWS
March 19, 2004
MIKE WHITEHEAD Ahoy. Last week, I mentioned how other cities are recognizing the economic value of boating, and as such, these cities are actively enticing marine businesses to their areas. The National Marine Manufacturers Assn. reported that the recent Miami Boat Show alone adds $600 million to the local economy and that the marine industry in Florida more than doubles the economic output of the citrus industry. Yet, we forget how vital boating and the marine businesses are to our area, and that our harbor is a diamond in the rough that we have the potential to polish into the world's boating mecca.
NEWS
February 18, 2005
Lindsay Sandham The inaugural First Team Real Estate Invitational Regatta, a fundraiser benefiting Hoag Hospital's Heart and Vascular Institute, will take place May 20 to 22 off the Newport Pier, and many local businesses are gearing up for the expected influx in tourism. Executive director of the Newport Beach Conference and Visitors Bureau Marta Hayden said she expects it will be good for the tourism industry in Newport Beach. "Obviously, it's going to have a positive, great effect, and we're very excited," she said.
NEWS
By Brianna Bailey | April 14, 2009
The 103-foot Princess Yoli Ni spent most of its life cruising around Mexico, the Bahamas and the Florida coast before its owner traded up to a 125-footer. The biggest yacht at the Newport Boat Show, which kicks off today, the Princess Yoli Ni, is a steal at $1.75 million, said Northrop and Johnson yacht broker Paul Daubner. “There’s a lot of trading going on now,” a lot of people are up-sizing as well as downsizing,” said Daubner, who has been attending the boat show for the past 10 years.
NEWS
By Sarah Peters, sarah.peters@latimes.com | April 6, 2011
NEWPORT BEACH — The post-recession consumer expects more value and better service for less cash, prominent community business leaders said Wednesday. The Newport Beach Chamber of Commerce hosted "Strategies for Growth in a Recovering Economy," a morning seminar at Newport Beach Lexus dealership. Panelists included Jim Walker, owner of The Bungalow; Gary Sherwin, president and chief executive of Visit Newport Beach Inc.; Bobby Sento, sales manager at Newport Lexus; Gavin Herbert Jr., president and CEO of Roger's Gardens; and Shannon Fowler of the American Cancer Society.
NEWS
From the Los Angeles Times | December 22, 2011
The Los Angeles area's arts and entertainment industries lost thousands of jobs from 2007 to 2010, according to a study of the "creative economy. " The findings for 2010 commissioned by Otis College of Art and Design and compiled from state and federal government figures by the Los Angeles County Economic Development Corp. showed a loss of 21,500 jobs and an 11% decline in employment in the three years. Known as the Otis Report on the Creative Economy of Los Angeles and Orange Counties, the study encompasses both traditional arts and entertainment categories and five additional fields that the researchers consider to be part of the region's broader creative economy.
NEWS
February 9, 2003
Can a new economy based on hydrogen fuel deliver us from war and terrorism? Can we make the world a safer place by removing oil from the international chessboard of power politics? Yes, says global trend-tracker Jeremy Rifkin in "The Hydrogen Economy." In his 16th book about the impact of scientific and technological change, the acclaimed social critic envisions the dawn of the next great commercial era in history. Founded on earth's most abundant element, the new economy will end reliance on Middle East oil and diffuse the dangerous geopolitical game between Muslim militants and Western nations, Rifkin maintains.
BUSINESS
By By Andrew Edwards | January 5, 2006
OC Marathon race director says event, set for Sunday, could bring in $10 million -- mostly for restaurants, hotels.The race director for the Orange County marathon said the event could infuse as much as $10 million into the local economy. Though Newport Beach officials have not calculated revenue estimates for the marathon, City Manager Homer Bludau anticipates the event could be a significant moneymaker in the future. "It certainly has the potential to. It's in the early stages here," Bludau said.
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