The president of Pacific Office Properties Trust is leaving a firm with an ownership interest in nine office complexes here.

Foreclosures in San Diego County reached their highest monthly totals since September 2008, while notices of default spiked after two months of decline.

San Diego Mayor Jerry Sanders reiterated his stance against the state government borrowing funds from local municipalities Thursday, saying the city plans to sue over at least one of Sacramento’s tactics.

California’s rebate program aimed at encouraging consumers to purchase alternative fuel vehicles, recently expired after having awarded nearly $2.6 million in incentives.

Shares of Illumina Inc. (Nasdaq: ILMN) sank Thursday after the genetic analysis instrument maker said revenue in the second quarter fell short of its own forecast and Wall Street estimates.

The U.S. Justice Department joined a whistleblower lawsuit against SAIC Inc. (NYSE: SAI), the San Diego-based defense contractor that specializes in computer services, saying the company conspired with government employees to obtain a $3.2 billion federal contract.

Illumina Inc. announced it has launched GoldenGate Indexing, a high-throughput genotyping solution that utilizes multi-sample indexing technology, and Senomyx Inc. announced that its Executive Vice President of Discovery and Development and Chief Scientific Officer Mark Zoller has died, according to company announcements, SEC filings and Bloomberg News.

Opus West Corp., a firm with about 1 million square feet of office and industrial space in San Diego County will be filing for Chapter 11 bankruptcy protection in July,

The unemployment rate for the San Diego-Carlsbad-San Marcos metro area was higher in May than a year earlier, the Bureau of Labor Statistics reported.

Leap Wireless International Inc. (Nasdaq: LEAP) and MetroPCS Communications Inc. fell in New York trading after Pali Capital recommended selling the shares amid growing competition in the prepaid mobile-phone market.