Money

$2.99 A GALLON GAS IS BACK IN ORANGE COUNTY

Gas selling at $2.99 a gallon for regular unleaded is back in Orange County for the fist time in months. It may not last long, but for now the Arco station at Chapman Avenue and Placentia Avenue in Placentia is selling regular unleaded at $2.99 a gallon. A check of …

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QUIKSILVER MAKES $150 MILLION TAKE OVER BID FOR COMPETITOR BILLABONG

Huntington Beach based Boardriders Inc., the parent company of apparel maker Quiksilver, has made a $150 million dollar bid for competitor Australia based Billabong. The takeover would require the approval of Billabong’s Board and regulators and would be at $0.75 USD per share. Los Angeles based Oaktree Capital Management is …

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LARGE CANNABIS BUSINESS CONFERENCE COMES TO ANAHEIM NEXT WEEK

As California prepares for the January 1st, 2018 legalization of recreational marijuana, the already booming business of pot is expected to grow significantly from its’ already lofty levels. California is already the country’s largest market, and recreational legalization is sure to provide many more opportunities for investors and businesses looking …

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ORANGE COUNTY DISTRICT ATTORNEY’S OFFICE FILES CHARGES AGAINST 10 ATTORNEYS AND SIX ‘CAPPERS’

The Orange County District Attorney’s office filed charges June 5 on 10 attorneys and six “cappers” for alleged participation in a multimillion dollar workers’ compensation insurance referral scheme. According to an OCDA news release, this is the first phase of filing of charges following a three-year insurance fraud investigation by …

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OC THEME PARKS BRING IN SUMMER FUN

May 27 will be a good day for theme park lovers as they’ll have their chance to mingle with Marvel superheroes and characters from the Wild West. New attraction Guardians of the Galaxy – Mission: BREAKOUT!, including multiple ride experiences and music inspired by the movies’ soundtracks, opens that day …

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O.C. INVESTORS FEELING TECH BUST PAIN

The numbers clearly show that DotCom bubble 2.0 is bursting with many tech stocks down double digit percentages. Orange County is home to many technology firms, and many technology investors, and many aren’t happy right now as they watch their wealth evaporate. The numbers are ugly and there appears to …

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RESTAURANT SALES DOWN SIGNIFICANTLY

The restaurant industry employs over ten million Americans and is vital to what is left of our once diverse economy. The latest sales numbers do not look good. READ THE FULLY STORY HERE…

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ECONOMIC ACTIVITY SLOWING FAST, REALLY FAST!

Global economic activity is falling much faster than many experts believed. We have not seen global economic activity fall off this rapidly since the great recession of 2008.  Manufacturing activity is imploding all over the planet, global trade is slowing down at a pace that is extremely alarming, and the …

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SIGNS SHOW TROUBLE DEAD AHEAD

Good news for the global economy is increasingly difficult to find. Most indicators point to big trouble ahead, and likely soon. One particularly important and telling sign is shipping container rates… Container Shipping Rates from China to US, Europe Collapse by Wolf Richter

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