San Diego News

Thu, Jan 24, 2013

After hibernating through much of the Great Recession, venture capital funding in San Diego County jumped roughly 20 percent last year to $1.1 billion -- the first time since 2008 that the funds crossed the billion-dollar mark.

The San Diego Freeway Service Patrol (FSP), a publicly funded program that helps stranded motorists during weekday rush hours, has also begun to operate during weekends, according to the San Diego Association of Governments (SANDAG), a public transportation agency.

The defense budget crisis has led to the cancellation of one annual industry event in San Diego.


San Diego-based respiratory product maker ResMed Inc. posted strong fiscal second-quarter results Thursday, and its shares advanced in after-hours trading.

The Lincoln Acres Library, which used to be the tiniest library in the San Diego County system, will begin a new chapter on Saturday. The library, located in the National City area, was recently rebuilt in collaboration between neighborhood residents and County Supervisor Greg Cox, a release announced Thursday.

Sundt Construction Inc. employee-owners have given blood to the Red Cross and other blood donation services, resulting in 80 pints of blood being sent to local hospitals to be used for emergencies and medical procedures, Sundt Foundation announced Thursday.

The guided-missile frigate USS Curts (FFG 38) is scheduled to be decommissioned after 29 years of service in a ceremony on Jan. 25 on Naval Base San Diego.

Hanwha Group, a closely held South Korean industrial conglomerate, invested $30 million in OneRoof Energy Inc. to enable the company to finance residential solar power systems in new markets.

Sempra Energy (NYSE: SRE) received approval from regulators to buy power from three solar farms totaling 150 megawatts of capacity in Imperial County.

Shea Homes' residential development Civita emerged with five gold medal awards earlier this week at The Nationals 2013 awards, a competition for sales and marketing professionals and communities.

Neurocrine Biosciences Inc. (Nasdaq: NBIX) has announced that two more patents have been granted related to the company's proprietary Vesicular Monoamine Transporter 2 inhibitor.


It pays to have friends in high places. For the CEO of Mogl, a Sorrento Valley-based restaurants rewards program, that means being chummy with Sir Richard Branson.

Leap Wireless International Inc. (NASDAQ: LEAP), the San Diego-based telecommunications company, plans to release financial and operational results for the fourth quarter and full-year ended Dec.31, 2012, before market open on Feb. 20.

Business conditions at design firms in the West did not change in December when compared to the previous month, according to the latest Architecture Billings Index (ABI) released Wednesday by the American Institute of Architects.

The University of San Diego's supply chain management program was named as one of the top 25 online graduate business programs in the country, according to a list released this week by U.S. News & World Report.

The Sharp Rees-Stealy Medical Centers and Sharp Health Plan have joined with the San Diego North Chamber of Commerce to sponsor the fourth annual San Diego Women's Week on March 11 to 15.


What sectors are growth sectors for 2013, and what sectors should investors avoid placing their money in this coming year?


Last spring, one San Diego company that trades cash for trash got a big pay day of its own.


New and altered regulations could change the way financial professionals do business in 2013 — if those regulations are ever signed into law.


Banks’ symbiotic relationship with their borrowers will be similar to 2012 but continue to grow in 2013, with banks hungry to lend and companies still cautious about investing.

It was just one instructor who placed Shreesh Deshpande on a career path in finance, and now he works to do the same for his students at the University of San Diego.


Steve Sefton isn’t a doctor or a sleep lab technician, nor does he analyze circadian rhythms, but he is a sleep consultant of sorts -- as he’s adept at providing solutions to critical issues that keep his clients awake during the wee hours of the night.

Omnitek Engineering Corp announced the signing of a new lease for a facility near its current location that expands its size to approximately 25,000 square feet, and Resmed Inc reported net income of $77.9 million, or 54 cents per share, for quarter ended Dec. 31, 2012, according to company announcements, SEC filings and Bloomberg News.

The following "Local Notes" appeared in The Daily Transcript's Jan. 25, 1995 issue:
The Lamar Hunt Trophy, emblematic of the Chargers AFC Championship victory over Pittsburgh, is on display at the Hall of Champions sports museum in Balboa Park.

In just four years, the eclectic vocal ensemble Sacra/Profana has already created a buzz in the San Diego performing arts scene. Artistic Director Krishan Oberoi talks about the group's mission and its plans for the future.

The nine-unit apartment building in Pacific Beach at 3970 Crown Point Drive, San Diego 92109, has sold for $3 million, cash.

(Bloomberg) -- Apple Inc. (Nasdaq: AAPL) plans to move its Tokyo headquarters to the Roppongi Hills complex from Shinjuku as early as April, according to two people familiar with the iPhone maker's plan.

Thu, Jan 24, 2013

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