Finance

San Diego pension trustees’ feud escalates from strategy to accusations

Trustees at a San Diego pension fund who quarreled over investment strategy now are trading allegations about guns, bullying, and racial and sexual harassment, threatening the search for an investment chief.

Tandem Diabetes announces public offering

San Diego-based Tandem Diabetes Care Inc. (Nasdaq: TNDM), a medical device company and manufacturer of the t:slim and t:flex insulin pumps, announced the pricing of an underwritten public offering of 5.25 million shares of its common stock at $11.50 per share.

TECHNOLOGY

Qualcomm leads 3D Robotics $50M Series C

Unmanned aerial vehicle maker 3D Robotics, whose engineering is based in San Diego and manufacturing in Tijuana, announced it secured its third round of venture financing -- a $50 million Series C led by Qualcomm Inc.

GENERAL

Poll shows small-business optimism

Sempra reports net income, even with SONGS

Daily Digest

Silvergate Bank posts 4Q, 2014 net income

Daily Digest

REAL ESTATE

Reed to head United Realty division in SD

Daily Digest

Other Finance Headlines:

Wal-Mart's minimum wage increase was overdue

Last week, we learned that Wal-Mart was giving the lowest paid of its hourly employees a raise. In a blog post, Wal-Mart Chief Executive Officer Doug McMillon said that as of April, the company will pay a minimum of $9 an hour. That is $1.75 more than the federal minimum wage of $7.25, which has been unchanged for almost six years. Next February, Wal-Mart's lowest hourly rate will rise to $10. All told, about a half-million Wal-Mart workers in the U.S. will be affected.

Manhattan tower said refinancing

Bank of America Corp. and Wells Fargo & Co. are providing new debt against Manhattan’s MetLife Building in a deal that values the tower at almost $3 billion, according to people familiar with the transaction.

San Diego pension trustees’ feud escalates from strategy to accusations

Trustees at a San Diego pension fund who quarreled over investment strategy now are trading allegations about guns, bullying, and racial and sexual harassment, threatening the search for an investment chief.

On the Agenda: Construction update, court case, tax credit on tap

Business and professional groups will offer a range of activities this week.

Qualcomm leads 3D Robotics $50M Series C

Unmanned aerial vehicle maker 3D Robotics, whose engineering is based in San Diego and manufacturing in Tijuana, announced it secured its third round of venture financing -- a $50 million Series C led by Qualcomm Inc.

More Finance News

BUSINESS NEWS

In The News

UCSD isn’t keeping pace with last year’s grants, and George Chamberlin writes about a proposal to change retirement plan fees.
 

 

Finance Videos

Steve Sexton on financial planning for baby boomers

Jan. 22, 2015 -- Daily Transcript reporter Katie Thisdell speaks with Steve Sexton, financial adviser at Sexton Advisory Group, about teaching retirees how to maximize their investments. Sexton will be on a panel of experts speaking at an upcoming “Silver Hair Tsunami” event -- named for the wave of baby boomers hitting retirement.

Special Reports

Building San Diego - 2015

The nuts and bolts of construction in San Diego, from commercial and residential project updates to a review of how the industry is faring.

Small Business

The Daily Transcript celebrates the entrepreneurial spirit with small business news and how-to articles, roundtables and more.

Boomer Generation

News, expert advice and crucial information for a San Diego generation in transition.
Finance Businesses

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INSIDER TRADES

Last Updated 2/26/2015

NEUROCRINE BIOSCIENCES INC

Grigoriadis, Dimitri E, O, Sold
No. of Shares: 20,000
Date Filed: 02/23/2015

NUVASIVE INC

Hannon, Jason M, GC, Sold
No. of Shares: 15,000
Date Filed: 02/17/2015

DEXCOM INC

Moy, Jeffrey C, O, Sold
No. of Shares: 5,044
Date Filed: 02/17/2015

CALLAWAY GOLF COMPANY

Lynch, Brian P, --, Options Exercised
No. of Shares: 31,368
Date Filed: 02/23/2015

NEUROCRINE BIOSCIENCES INC

Grigoriadis, Dimitri E, O, Options Exercised
No. of Shares: 20,000
Date Filed: 02/23/2015

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Alpine

Alpine

Alpine nestles in the foothills in East San Diego County and offers its residents a small town ambiance as well as a great climate.