Preheat oven to 325 degrees. Coat a 10 inch Bundt or tube pan with cooking spray; set aside.
In a medium bowl with an electric mixer on medium speed, beat all ingredients for 2 minutes, or until well mixed. Pour batter into prepared pan.
Bake 50 to 55 minutes, or until a wooden toothpick inserted in center comes out clean. Let cool slightly, then invert onto a wire rack to cool completely.
In a bowl, combine confectioners' sugar, orange, and orange zest and whisk into a glaze. Pour over cooled cake.
Serve, or cover until ready to serve. Makes 12 servings. Enjoy!