Finance

ADP Says Companies in U.S. Boosted Payrolls by 218,000 in July

July 30 (Bloomberg) -- Companies added 218,000 workers in July, exceeding the average for the year and showing improving demand is bolstering the U.S. job market, a private payrolls report showed today.

Economy in U.S. Grows More Than Forecast After Smaller Drop

July 30 (Bloomberg) -- Gains in consumer spending and business investment helped the U.S. economy rebound more than forecast in the second quarter following a slump in the prior three months that was smaller than previously estimated.

REAL ESTATE

U.S. MBA Mortgage Applications Index Fell Amid Refinancing Drop

July 30 (Bloomberg) -- Mortgage applications fell last week as fewer Americans refinanced their homes.

Europe shares drift ahead of US data; Asia gains

BIOTECH

La Jolla Pharma completes public offering

Relational won’t seek new active targets during Whitworth leave

Daily Digest

SANDAG to issue $350M in bonds

BIOTECH

Targeson receives $776,800 in year 2 of SBIR grant

Daily Digest

Other Finance Headlines:

Tea party versus business backers in the bayou

Fresh from helping save Sen. Thad Cochran of Mississippi from a Tea Party upstart, the U.S. Chamber of Commerce is on the verge of endorsing an embattled Senate Democrat.

San Diego Stock Exchange

Backlog hurts banks’ timely mortgage aid

Lenders aren’t keeping pace with a mounting backlog of applications for federal mortgage aid, placing some borrowers at increasing risk of losing their homes to foreclosure, according to an auditor’s report.

How to fit a wind farm into your portfolio

You can now fit a wind or solar farm into your portfolio, even if your portfolio isn't exactly vast.

Loan snarl halts refinancing of Spanish builder

Pressure is mounting on Esther Koplowitz to refinance personal loans before a deadline Thursday and allow a Spanish builder that counts Bill Gates and George Soros among investors to resolve its own debt tangle.

More Finance News

BUSINESS NEWS

In The News: Early Edition

July 30, 2014, 12:00 p.m. -- In local news, Qualcomm Technologies completed its acquisition of EmpoweredU, and Epic Sciences appointed Gregory Lucier as chairman.

Finance Videos

George Chamberlin on the Markets

July 28, 2014 -- Executive Editor George Chamberlin recaps last week's financial events and looks at the week's upcoming announcements.

Special Reports

Top Attorneys - 2014

The Daily Transcript pays tribute to San Diego County's Top Attorneys.

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.
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Newsmaker Videos

Dr. Lynn Reaser, Point Loma Nazarene University

Dr. Lynn Reaser, Chief Economist of the Fermanian Business & Economic Institute at PLNU, discusses the Economic Outlook event, which was held Dec. 6.

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INSIDER TRADES

Last Updated 7/29/2014

ILLUMINA INC

Flatley, Jay T, CEO, Options Exercised
No. of Shares: 30,000
Date Filed: 07/24/2014

QUIDEL CORP

Bryant, Douglas C, CEO, Purchased
No. of Shares: 20,000
Date Filed: 07/24/2014

ILLUMINA INC

Bradbury, Daniel M, D, Options Exercised
No. of Shares: 2,100
Date Filed: 07/23/2014

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Riverside

Riverside

Founded in 1870 by John North and a group of Easterners who wished to establish a colony dedicated to furthering education and culture, Riverside was built on land that was once a Spanish rancho.