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Amazon Selects Irvine For Scout Robot Delivery

Washington State Trial; Says Feedback PositiveAmazon said it’s getting positive feedback for its six-wheeled delivery robots, called Scout, that have been deployed onto the sidewalks of Irvine on a test basis.

FDA Discloses Edwards Recall

Shares of Edwards Lifesciences Corp. were down 3.5% in midday trading Thursday, after the Food & Drug Administration said the company had recalled part of a transcatheter heart valve system made since last year.

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Korean Buyer For 2 Luxe Resorts?

HOSPITALITY: Ritz, Montage trade expected

A South Korean financial services group has emerged as the likely buyer for two of Orange County’s poshest coastal resorts, which could trade hands for $900 million or more on a combined basis.

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Marketing: Tennis Club Gets Its Groupon

Newport Beach Tennis Club is seeking members via a massive discount.

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KushCo Adds Cannabidiol

KushCo Holdings Inc. (OTC: KSHB) plans to add cannabidiol distribution to its slate of products and services.

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Parcel Pending: New President

Irvine-based Parcel Pending named former Greenwave Systems CEO Greg Memo its president, replacing Brad Farmer.

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SEC Charges Stuart Frost

The Securities and Exchange Commission today charged Stuart Frost of Laguna Niguel and his investment advisory firm Frost Management Company LLC, with fraud and breach of fiduciary duties for charging over $14 million in undisclosed and excessive incubator fees to start-up companies.

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ChromaDex to Place $7M

Irvine-based ChromaDex (Nasdaq CDXC) will sell $7 million of its common stock in a private placement, with a closing expected Aug. 15.

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El Pollo Loco Adds C-Suite Legal

Costa Mesa-based El Pollo Loco Holdings Inc. (Nasdaq: LOCO) named Jason Weintraub its Chief Legal Officer, a new position.

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UCI Tops School Ranking List

The University of California at Irvine ranked No. 1 on Money magazine’s 2019-20 list of the nation’s “Best Colleges.”

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Creed to Retire; Gibbs In

Greg Creed will retire as chief executive of Yum Brands Inc. (NUSE: YUM) Jan. 1 and be replaced by David Gibbs, current president and chief operating officer of the Louisville-based fast food franchiser of KFC, Pizza Hut and Taco Bell.

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Hookah Warning From UCI

Hookah smoking may be trendy among college students, but University of California-Irvine researchers have warned about its dangers.

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UCI Docs Seek Clue to Lyme Disease

University of California-Irvine professors are trying a new approach in Lyme disease research.

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Hoag, UCI After Alzheimer’s Cure

Researchers at Hoag Hospital Newport Beach and University of California-Irvine are taking divergent tacks on Alzheimer’s work.

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UCI Health CEO to Masimo

Richard Gannotta is stepping down as Chief Executive of University California—Irvine Health System to take an executive position at Irvine device maker Masimo.

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Glaukos to Buy Avedro

Glaukos Corp. (NYSE: GKOS), a San Clemente-based maker of devices to cure glaucoma, will purchase Avedro Inc. (Nasdaq: AVDR) to add what it calls “disruptive bio-activated pharmaceuticals.”

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