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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.
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...
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.
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.
November 21, 2013
A study whose results were announced this week found that John Wayne Airport's service to Mexico injected about $131 million into the local economy, including revenue from the added airport operations and visitor spending. "This study shows the significant value air service from Mexico brings to the region's economy," Airport Director Alan Murphy said in a statement. "With our partners AirTran and Interjet, we look forward to continuing to provide a convenient gateway for business and leisure travelers to reach the heart of Southern California.
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.
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.
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.
March 27, 2003
Paul Clinton Hotels, cruise lines and movie theaters say they're feeling a pinch brought on by war as a spellbound nation stays glued to televisions for updates from Iraq. Hotels in both Costa Mesa and Newport Beach have seen an accelerated pattern of cancellations of bookings over the past few weeks, business leaders said. "Yes, I think the hotels have experienced some cancellations," said Diane Prichett, the executive director of the Costa Mesa Conference & Visitors Bureau.
March 16, 2003
Aviva Goelman The fortunes of nonprofit organizations have changed drastically. Just like many individuals, they are feeling the crunch of economic downturn, especially of the stock market. We predicted last year that nonprofit organizations would find themselves in the front lines of cutbacks and reduced spending. Sadly, the economic restraints have become a grim reality. Most philanthropists are for the first time watching their dollars. Since they, too, are governed by the economy and by the continued fall of the stock market, their contributions are less.
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