Uncategorized Archives - Page 29 of 135

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...

February 16, 2024

Spreading cheer — and little rubber ducks — around the community

“What luck! You found a duck!” They’re yellow and purple and blue, pirates and aliens and giraffes. They’re little rubber ducks, accompanied by kind messages, and meant to spread a little bit of cheer around...

February 16, 2024

Irvine’s new, free shuttle service is almost ready for passengers

The city of Irvine this week unveiled a free shuttle service city leaders say will provide residents with convenient access between homes, schools and workplaces. Called Irvine CONNECT, the new service will be fully ready...

February 15, 2024

Walmart in talks to buy Irvine-based TV maker Vizio

By Jaewon Kang | Bloomberg Walmart is in talks to buy Irvine-based TV maker Vizio Holding Corp. for more than $2 billion, the Wall Street Journal reported. Discussions are ongoing and a deal may not...

February 14, 2024

Take a closer look at Taco Bell’s menu for 2024

Taco Bell has begun to make good on a promise it made last Friday to bring forth a lot of new items in 2024. The first of those items is called a Cheesy Chicken Crispanada,...

February 14, 2024

The Habit Burger Grill’s new director of culinary innovation tells how he got the gig

Jason Triail is a native New Yorker, but when it comes to The Habit Burger Grill he’s all about California. Triail is the new director of culinary innovation at the Irvine-based chain, bringing to the...

February 13, 2024

Election 2024: Get to know the candidates in California’s 47th congressional race

Rep. Katie Porter is leaving the House to run for U.S. Senate — and there are 10 candidates eager to fill her seat. In the race for California’s 47th congressional district are four Democrats —...