Latest stories

Edwards Using AI to Help Doctors Reduce Misdiagnoses

Aerie Eyes Japan For Rhopressa

Edwards Lifesciences Corp. (NYSE: EW), known for pioneering less-invasive transcatheter heart repair procedures, will work with San Francisco-based Bay Labs Inc. to apply artificial intelligence to cardiovascular imaging, to improve the detection of heart disease.

Hyundai Unveils Online Tire-Kicking Feature

New Virtual Showroom Kicks Off This Month

Are you interested in a car but don’t want to drive to a showroom?

Cash-Flush Urovant Grows at UCI Research Park

22,000-sq.-ft. Lease for Drug Company With 2018 IPO

Urovant Sciences Ltd., an Irvine-based clinical-stage biopharma company that started operations in 2016 and went public last September, is about to get a much larger home near the University of California-Irvine.

Veritone’s Latest Chapter: Apis Pulls $198M Bid

Investor Cuts Stake; AI Firm Questions Credibility

Apis Capital Management has pulled its unsolicited $198 million cash offer for Costa Mesa-based Veritone Inc.

STARTUPS & INNOVATIONS

OCTANe’s life sciences and technology startup accelerator LaunchPad is moving to the Five Point Gateway office campus in Irvine. Launch

OCBJ Calendar

Jan. 21-31, 2019

This week's business and other event listings.

OC Unemployment Steady at 2.8%

Orange County’s unadjusted unemployment rate remained 2.8% in December, unchanged from a revised 2.8% in November and down from a year-ago estimate of 2.9%, according to the state Employment Development Department.

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Midday Stock Roundup

Stocks rose Friday after signs point to progress on U.S.-China trade dispute and New York Fed President John Williams’ statement Friday on showing “prudence, patience.”

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Pacific Industrial Plans Anaheim Redevelopment

REAL ESTATE: Breweries considered for 9-acre site

Pacific Industrial has doubled up on its commercial property holdings in Anaheim’s Platinum Triangle.

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OC 500: Joe Ueberroth

Also chairman, Bellingham Marine … Ueberroths among first families of OC … Joe son of Peter, Ginny (see entries), cousin, Lindsey (see entry) … partner in Dana Point Harbor Redo (see Bob Olson, Bryon Ward) … Olson hotels, Ward retail, Ueberroth marina, work … Bellwether invests in agriculture, logistics, real estate, hospitality,tech … led Series B, 2018, Fla.-based compensation software maker HRSoft … backs Big Brothers Big Sisters OC

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Spectrum Pharma to Sell Drug Portfolio

Spectrum Pharmaceutical Inc. (Nasdaq: SPPI) said today it has sold its portfolio of seven FDA-approved hematology/oncology products to Acrotech Biopharma LLC for up to $300 million.

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Midday Stock Roundup

The S&P 500 was up 0.2% to 2,620.71.

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Chip Switch: Skyworks Expands Local Ops

REAL ESTATE: Takes over former Broadcom office near UCI

Skyworks Solutions Inc., Orange County’s third largest maker of computer chips by local employee count, appears poised to significantly expand its operations after striking a large lease near its existing Irvine offices.

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OC 500: Michael Morhaime

Pioneered multiplayer online gaming … ‘Diablo’ franchise hitting Nintendo Switch console … first esports season for ‘Overwatch’ League ended July; finals match sold out Brooklyn’s Barclay’s Center … London Spitfire beat Philly Fusion, took most of $1.4M purse … live-streamed online; China; by Disney properties … MM ceding top role to Warcraft exec. prod. J. Allen Brack ... Business Journal OC 50

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Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,620.10.

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Irvine Esports Co. Going Public

GAMING: Allied, World Poker Tour part of $214M merger

Orange County’s role as a hub in the fast-growing esports industry will become even more pronounced after one of its main corporate players, Allied Esports International Inc., sets up headquarters in Irvine and goes public this year via a reverse merger.

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OC 500: David E.I. Pyott

Prevented hostile takeover, sold to Actavis PLC, now Allergan PLC … $543M payout … philanthropy: advisory boards, exec roles, eye care charities … chairman, Bioniz Therapeutics, Irvine … diploma, German, European law … first car: Renault … first job: ‘gardening, mowing lawns’ … commander, Most Excellent Order of the British Empire … bucket list: ‘hike to Everest base camp’

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Edwards, Boston Scientific Reach Deal

Shares of Edwards Lifesciences Corp. (NYSE: EW) climbed after the largest publicly traded company based in Orange County reached a settlement with rival Boston Scientific Corp. (NYSE: BSX).

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Midday Stock Roundup

The S&P 500 rose 1% in midday trading to 2,608.28

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A Brewing Industry

OC’s Bar Scene Is Growing Up

A tech guy walks into a bar. He owns it. Not much of a joke, but Gary Jabara’s not kidding with Chihuahua Cerveza, a taco joint he opened in the former Crow Burger Kitchen spot on Balboa Peninsula.

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