Business
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
Sept. 20, 2024
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note
Dominic Ciambrone makes luxury bespoke sneakers for LeBron James, Justin Bieber and other celebrities.
Sept. 10, 2024
INDUSTRIES
Laguna Hills-based Summit Healthcare REIT Inc. sold a portfolio of three skilled nursing facilities in San Bernardino County for $30 million to affiliates of the current operator of the facilities on Sept. 6.
Sept. 12, 2024
Updates
San Diego-based Qualcomm Technologies Inc. agreed to acquire 4G IoT technologies of Sequans from Paris-based Sequans Communications S.A. for $200 million on August 23.
Aug. 30, 2024
The U.S. subsidiary of Japanese firm T. Hasegawa Co. announced that its U.S. subsidiary had acquired shares of Abelei Inc. for $48 million on August 23.
Aug. 29, 2024
PTW America Inc., based in Marina del Rey, announced the acquisition of Ghostpunch Games for $13.15 million on August 27.
Long Beach-based Molina Healthcare Inc. agreed to acquire Connecticare Holding Co. Inc. for $350 million on July 23.
July 25, 2024
Real estate private equity investment firm Primior agreed to be acquired by Grillit Inc. in a transaction valued at $30 million on July 22.
The world’s largest sportswear company has missed expectations on its full-year outlook, stoking investor concerns about waning demand and competition from upstarts.
June 28, 2024