Business by LA Times Studios
Sarah Chung Park, CEO and Founder, Landing International Inc.
2024 Orange County Business Visionaries
Iconic OC Luxury Destination to Transition Brand Identity to St. Regis
Updates
Newport Beach-based luxury destination, the Resort at Pelican Hill, owned by Irvine Company, has reached an agreement with Marriott International, who will serve as its new management company, effective July 1.
Health & Life Science
Agoura Hills-based biotech firm Acelyrin Inc. agreed to merge with San Francisco-based Alumis Inc. in a deal valued at $320 million on February 6.
World & Nation
Sanctions imposed on the International Criminal Court by President Trump could jeopardize trials and investigations at the only permanent global tribunal for war crimes and genocide.
California
Officers were sent to the hotel to provide medical aid, the Irvine Police Department said in an X post, and found the two victims inside the room.
INDUSTRY UPDATES
Transcat, Inc., a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement and control instrumentation, announced via press release that it has acquired privately held Martin Calibration Inc.
Los Angeles-based Verde Bioresins Inc. agreed to be acquired by Nxu Inc. from Humanitario Capital for $16.2 million on Oct. 23.
The truck attack in New Orleans by an Army veteran inspired by Islamic State unfolded amid warnings by officials about a resurgent terrorism threat.
Orange County
Newport Beach-based GivBux Inc., a publicly traded app and charitable giving platform, announced that it signed a letter of intent to acquire VitorganAmerica.shop for $39 million.