The Leading Voice of Business
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CHOC WALK MAGIC, CLB FEATURES WSP CEO, CSUF ECONOMISTS' STRONG FORECAST, BEYOND THE BLUEPRINT AND MORE! |
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HOT OFF THE PRESS
DISNEY SPARKS MAGIC AT FIRST VIRTUAL CHOC WALK:*
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On May 22, The Walt Disney Company and Disneyland Resort provided CHOC patients and families a chance to virtually and physically interact with their favorite Disney friends at the first virtual CHOC walk. Disney also added murals, magic windows, and magic arts throughout CHOC’s main campus and Thompson Autism Center in Orange, CA, to enhance CHOC’s special place of comfort and healing.
TOMORROW! OCBC’S CHAIRMAN'S LEADERSHIP BREAKFAST FEATURES WSP CEO LEWIS CORNELL:*
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Join OCBC virtually tomorrow at 9 a.m. for the first Chairman’s Leadership Breakfast of 2021 featuring Lewis (Lou) Cornell, President and Chief Executive Officer, WSP USA, one of the largest engineering and professional services firms in the U.S. Hear how Lou and WSP USA are helping the region prepare for the 2028 Olympics in LA and OC, their dedication to diversity, equity and inclusion, and their philosophy for getting back to work post-pandemic. Register here.
BEYOND THE BLUEPRINT UPDATES:*
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On May 21, CA released information that most sectors in the current colored-tier blueprint, with limited exceptions for mega-events, can fully re-open on June 15. The plan does not require physical distancing and capacity limitations for most businesses. Click here to view the details.
VACCINES AND BUSINESS RETURN WEBINAR*:
CSUF ECONOMICS FORECAST STRONG REBOUND AS NATION REOPENS:*
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Seven months ago, Cal State Fullerton economists Anil Puri and Mira Farka predicted an optimistic economic rebound that came to fruition through the vaccine-fueled COVID-19 turnaround, massive federal support and signs of a resilient economy reacting to the widespread reopening of society. In their latest 2021 Spring Economic Forecast, CSUF forecasts a national real GDP growth of 6.8%. Read more.
REP. KIM RECOGNIZED FOR BIPARTISAN LEADERSHIP:*
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OCBC applauds Congresswoman Young Kim for being the most bipartisan freshman in Congress. 58.6% of bills she co-sponsors are with the opposite party. Thank you, Rep. Kim, for your commitment to finding common ground with colleagues to deliver solutions for OC.
ALL 3 DISNEYLAND HOTELS TO REOPEN BY JULY:*
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The Disneyland Hotel will reopen on July 2 for the first time in more than a year after the pandemic closure. It will start with a partial reopen and showcase many refurbishments to the original Disneyland hotel that opened in October 1955, a few months after the theme park debuted. Disney's Grand Californian Hotel returned at limited capacity on April 29. Disney's Paradise Pier Hotel will reopen on June 15 — the same day CA will fully reopen. Read more.
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ADVOCACY UPDATE
AB 71 DRAMATICALLY RAISES TAXES ON BUSINESSES:*
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While homelessness is a chronic issue that necessitates action and solutions, AB 71 would impose a $2.4 billion tax increase annually on businesses to create a homelessness fund. OCBC and business leaders statewide urge legislators to look to California’s significant budget surplus, including Gov. Newsom’s proposed $12 billion to continue supporting homelessness programs, rather than make it even more difficult for employers to compete. Read the opposition letter from R.E.A.L. Coalition here
AB 99 ADVANCES CA CRADLE-TO-CAREER DATA SYSTEM:*
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Businesses and educators can better address opportunity gaps for students by establishing a statewide longitudinal data system, which is why OCBC is proud to support AB 99. AB 99 brings the California Cradle-to-Career Data System one step closer to reality, making it easier to create more effective workforce development strategies. Read OCBC’s letter of support here.
BILL REQUIRING COMPANIES TO DISCLOSE EMISSIONS HELD IN SENATE:*
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The California State Senate wisely kept SB 260 from moving forward this year. SB 260 would have forced companies doing business in CA to report direct and indirect greenhouse gas emissions worldwide. Many businesses are already taking innovative approaches to tracking and reducing their emissions without onerous state mandates. Read more about how this bill’s substantial data requirements would have harmed the economy.
BUSINESS RESOURCES
CA LABOR & WORKFORCE DEVELOPMENT AGENCY’S NEW EMPLOYER PORTAL:
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CA's New Employer Portal is a one-stop hub for CA employers to access state and local county COVID-19 guidance by business industry.
VIRTUAL ECONOMIC FORECAST UPDATE:
- Join Chapman University's Economic Forecast on June 16 at 3 p.m. for a virtual update on the strong upward trend in real GDP forecasted for 2021. There will also be a live Q&A with the experts at the end. Register here.
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COMMUNITY RESOURCES
OC YOUTH EARN AND LEARN PROGRAM:
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Offered through the Ready S.E.T. OC WIOA Youth Program, OC Youth Earn and Learn Program will start on June 14. This program is for students to learn entrepreneurship and build skills for success while earning wages. Information sessions will be held on June 8 and 11 at 4 p.m. Click here to sign up or review eligibility criteria.
ANAHEIM/OC JOB FAIR:
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Join Anaheim Chamber of Commerce and City of Anaheim on June 9 for a free virtual job fair. Every industry is welcome; employers and job seekers are encouraged to virtually meet and explore career opportunities during this difficult economic time. Register here.
MEMBERS IN THE NEWS
OCTA SIGNIFICANTLY REDUCES GREENHOUSE GAS EMISSIONS:*
COX CHARITIES SURPRISES OC HIGH SCHOOL SENIORS WITH SCHOLARSHIPS:*
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On May 21, Cox Charities Advisory Board members signed onto a video call to surprise high school seniors with scholarships to help cover college costs. The students were selected based on their academic success, community service, leadership and commitment to their education. Cox Charities awards college scholarships to graduating high school seniors across its CA service areas. For more information on the Cox Scholars program, click here.
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UPCOMING EVENTS AND MEETINGS |
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OCBC EVENTS
TOMORROW! Chairman’s Leadership Breakfast featuring Lewis Cornell
May 26 | 9:00 a.m. – 10:00 a.m.
Grab your coffee and bagel and join OCBC virtually for the first Chairman’s Leadership Breakfast of 2021 featuring Lewis (Lou) Cornell, President and Chief Executive Officer, WSP USA, one of the largest engineering and professional services firms in the U.S.
Economic Development Forum Series: Part 2 – What the Biden Administration Means for the Economy
June 8 | 9:00 a.m. – 10:00 a.m.
Join OCBC’s Economic Development Forum Series: Part 2 to hear from a panel of industry experts on how the Biden Administration will affect taxes, regulation, global trade and investment, recent and upcoming legislation, bipartisanship, and more. This event is sponsor supported and complimentary. Thank you sponsors: Amazon, Cal State Fullerton, and John Wayne Airport.
Chairman’s Leadership Breakfast featuring Greg Seibly
July 21 | 8:00 a.m. – 9:00 a.m.
Join OCBC virtually for the second event in the 2021 Chairman’s Leadership Breakfast Series featuring Greg Seibly, President, Head of Regional Banking, Union Bank.
COMMITTEE MEETINGS
June 4 | 9:30 a.m. - 11:00 a.m.
For more information, contact Connor Medina, OCBC Government Affairs Manager.
June 8 | 8:00 a.m. - 9:00 a.m.
For more information, contact Connor Medina, OCBC Government Affairs Manager.
June 9 | 8:00 a.m. - 9:00 a.m.
Join OCBC and HR colleagues for an open discussion on the return to work.
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NOT AN OCBC MEMBER? JOIN TODAY! |
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Join OCBC and connect with the most influential companies and top executives actively engaged in creating a pro-business environment and prosperous economy. Hundreds of Orange County's leading businesses, cities and non-profit organizations represent an elite group from every industry cluster. But we need YOUR VOICE! For more info, contact Natalie Rubalcava, OCBC Chief Operating Officer.
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