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News

SANDAG sells $350 million in bonds for transportation

The San Diego Association of Governments has sold $350 million in tax-exempt, fixed-rate bonds at a 3.85 percent interest rate to finance key transportation projects.

TECHNOLOGY

Krenn takes reins of SDVG

Mike Krenn, who helped found both Tech Coast Angels and CommNexus, has been tapped to head the San Diego Venture Group, succeeding Dave Titus as its full-time president.

Daily Digest

Imageware Systems Inc. announced it signed a three-year agreement with a major international retailer to provide its cloud-based, multi-modal biometric identity management product suite running on the Fujitsu Trusted S5 Cloud platform, and ACADIA Pharmaceuticals Inc. announced that the FDA has provisionally accepted the trade name “NUPLAZID” for pimavanserin, according to company announcements, SEC filings and Bloomberg News.

Daily Digest

US durable goods orders surge record 22.6 percent

Other Finance Headlines:

Apple, Samsung face $3.9 billion wall to selling phones in China

Apple Inc. and Samsung Electronics Co. face a $3.9 billion challenge as they prepare to sell new marquee phones in the world’s biggest wireless market.

SANDAG sells $350 million in bonds for transportation

The San Diego Association of Governments has sold $350 million in tax-exempt, fixed-rate bonds at a 3.85 percent interest rate to finance key transportation projects.

WTI Oil Set for First Weekly Gain in Six on Economy; Brent Rises

Aug. 29 (Bloomberg) -- West Texas Intermediate headed for the first weekly gain in more than a month as U.S. economic growth beat estimates, bolstering the demand outlook in the world’s largest oil consumer. Brent rose in London.

As stocks rise, so does anxiety: Time to get out?

Is it time to cash out of stocks?

HUD says loan sales cut losses, foreclosures

The sale of $15.8 billion in nonperforming loans by the U.S. Housing and Urban Development Department (HUD) cut losses to its troubled insurance fund and helped stop foreclosure for about 6,400 homeowners, the agency said.

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