OC BUSINESS JOURNAL DAILY NEWS

United Collective Taps New #2

United Collective in Huntington Beach hired Kristin Jackson as chief financial officer and chief operating officer, a new position.

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Hyundai Connects With AutoGravity App

Hyundai Capital America, with operations in Newport Beach and Irvine, joined the AutoGravity car shopping and financing platform.

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Midday Stock Roundup

The S&P 500 was flat in midday trading to 2,506.27.

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Midday Stock Roundup

The S&P 500 rose 0.1% in midday trading to 2,506.90.

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Hyundai Appoints US Head

Hyundai Motor America Inc. named Kyung Soo Lee president and chief executive, effective today.

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Metal Processor Buys Division

All Metals Processing of Orange County LLC acquired Triumph Processing-Embee Division Inc. from its parent, Berwyn, Pa.-based Triumph Group Inc., on undisclosed terms.

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Samuelis Give UCI $200M for Health

The University of California-Irvine received a $200 million gift from Henry and Susan Samueli, Chancellor Howard Gillman calling it one of the largest donations made to a public university.

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Midday Stock Roundup

The S&P 500 was up 0.2% in midday trading to 2,505.68.

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Sonendo Raises $50M

Sonendo Inc. in Laguna Hills raised $50 million in a growth investment round by New York private equity firm General Atlantic.

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Green Grant to PBS SoCal

Costa Mesa-based PBS SoCal KOCE is one of five public stations that’s been awarded a grant by Washington, D.C.-based The Corporation for Public Broadcasting.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,497.45.

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Unemployment Remains 4.2%

Orange County’s unadjusted unemployment rate was 4.2% in August, unchanged from July and below the 4.3% reported for the same period last year, the state Employment Development Department said.

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UCI Gets Another $1M

The University of California-Irvine announced today that it received a second $1 million gift from the estate of Christian Werner, the late professor emeritus of geography and former dean of the School of Social Sciences.

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Midday Stock Roundup

The S&P 500 was down 0.1% in midday trading to 2,496.33.

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Chapman Law gets $1.1M

Chapman University said today its Dale E. Fowler School of Law received a $1.125 million gift from Newport Beach-based law firm, Bergener Mirejovsky APC.

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UCI Gets Most of $8M Grant

University of California-Irvine said today the National Science Foundation awarded $8 million to a UCI-led consortium to develop a system that can restore walking ability and sensation in individuals with spinal cord injuries.

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Lazy Dog to Sacramento

Lazy Dog Restaurant & Bar will open two locations in the Sacramento market.

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Moorad to Run Law Firm’s Sports Practice

Sports agent and attorney Jeff Moorad has been named chairman of Morgan, Lewis & Bockius LLP’s new global sports business.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,496.06.

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Jannard Partners Up in ‘Disruptive’ Smartphone Venture

Red Digital Cinema Camera Co. in Irvine said its upcoming smartphone will be developed in partnership with Menlo Park-based Leia Inc.

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Yamaha Will Peddle eBikes Here

Yamaha Motor Corp. USA said it plans to enter the U.S. electric bicycle market in 2018.

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Khanna Sells Venice Hotel

Khanna Enterprises Ltd. in Irvine sold the 12-story, 250-room Custom Hotel in the Westchester area of Los Angeles for more than $40 million, or at least $160,000 per room.

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Business Journal Honors OC Innovators

Around 400 people praised creativity at the Business Journal’s Third Annual Innovator of the Year Awards luncheon at Hotel Irvine on Tuesday.

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Midday Stock Roundup

The S&P 500 was up 0.3% in midday trading to 2,495.03.

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Peregrine Gives Back Some Gains

Shares in Peregrine Pharmaceuticals Inc. in Tustin rose 12% in intraday trading Monday and rose another 4% after hours on a nearly four-fold increase in revenue and a sharply lower quarterly loss; trading volume on the day was three times its 90-day average. In Tuesday midday trading the drugmaker gave back some of those gains.

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