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News

SPORTS

Councilman Sherman releases his Chargers stadium mixed-use plan

San Diego City Councilman Scott Sherman on Wednesday released his recommendations for a potential stadium development and a variety of financing options to the Citizens Stadium Advisory Group.

Receptos reportedly getting M&A interest amid partnership talks

San Diego-based Receptos Inc., the drugmaker that’s seeking a development partner for its multiple sclerosis treatment, is fielding takeover interest from potential buyers, people with knowledge of the matter said.

Daily Digest

NuVasive Inc. (Nasdaq: NUVA) announced that CEO Alex Lukianov resigned his post after a probe on reimbursement policies showed he did not comply with policies. Greg Lucier will be interim CEO. Mind Solutions Inc. (OTCMKTS: VOIS) announced that it placed orders and paid for major components to begin manufacturing the world’s smallest brain-computer-interface, which it says should be available in 12 weeks, according to company announcements, SEC filings and Bloomberg News.

Daily Digest

BIOTECH

Teva buying Auspex for $3.2 billion

Other Finance Headlines:

Receptos reportedly getting M&A interest amid partnership talks

San Diego-based Receptos Inc., the drugmaker that’s seeking a development partner for its multiple sclerosis treatment, is fielding takeover interest from potential buyers, people with knowledge of the matter said.

Councilman Sherman releases his Chargers stadium mixed-use plan

San Diego City Councilman Scott Sherman on Wednesday released his recommendations for a potential stadium development and a variety of financing options to the Citizens Stadium Advisory Group.

San Diego Stock Exchange

The San Diego Stock Exchange Index closed higher Wednesday at 196.87, up .13 percent from Tuesday. Advancing issues beat decliners, 50-43, and 88 issues were unchanged. Receptos Inc. (Nasdaq: RCPT) was the top dollar gainer, up $8.55 to $173.44. Illumina Inc. (Nasdaq: ILMN) was the top dollar loser, down $3.43 to $182.21. For the complete, updated San Diego Stock Exchange Index, visit sddt.com/stocks.

Small-business hiring gives mixed signals on economy

Looking for a read on the U.S. labor market ahead of the April 3 employment report? Hiring at the smallest businesses may not provide the clarity you seek.

McDonald’s plans to boost employee pay, offer vacation time

McDonald’s Corp. will raise pay at company-owned locations to at least $1 more than the local minimum wage and begin offering vacation benefits, aiming to gain an edge on rivals in an increasingly competitive labor market.

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