San Diego News

Tue, Feb 12, 2013

As San Diego County’s economy improves, there’s growing risk that “crazy money” from real estate speculators could take prices back into bubble territory, a panel of local business and civic leaders told a packed audience at the Estancia La Jolla resort.

NECA and the NECA Student Chapter are asking its members and friends to participate in the upcoming San Diego State University J.R. Filanc Construction Engineering & Management Program Gala sponsorship.

U.S. Supreme Court Justice Ruth Bader Ginsburg last week helped Thomas Jefferson School of Law dedicate its new building along with former members of the Brazilian and French high courts.

Changes to the Pasha Automotive Services leasehold in National City were unanimously approved in concept by the Board of Port Commissioners on Tuesday.

The toils and rewards of smaller infill and mixed-use developments were the topics of a morning meeting of the San Diego/Tijuana Chapter of the Urban Land Institute at the University Club on Tuesday.

Trustee deeds in San Diego are down 37.9 percent from January 2012, and notices of default are down 67.6 percent from this time last year, according to the San Diego County Assessor's Office.

More than 230 tax-defaulted properties are set to be sold at the 2013 Property Tax Sale Auction on March 13, according to San Diego County Treasurer-Tax Collector Dan McAllister.

Construction has started on a new Fixtures Living showroom and retail storefront at Westfield UTC.

Two San Diego pit bull owners were convicted Monday of involuntary manslaughter and other crimes after their dogs escaped confinement through a hole in their fence and fatally mauled a 75-year-old woman, according to the Associated Press.

A supervisor at a California Department of Motor Vehicles office is facing a bribery conspiracy charge in connection with a scheme to sell driver's licenses to people who failed required tests.

Shares of San Diego-based Cubic Corp. tumbled Tuesday after the electronics company announced a fiscal first-quarter profit well below Wall Street expectations.


San Diego-based CareFusion Corp. (NYSE: CFN), a medical technology company, launched its new Snowden-Pencer take-apart laparoscopic scissors, the latest in the company's line of take-apart laparoscopic surgical instruments that provide sterile, sharp blades and a new insulated shaft for each procedure.

Zurich-based ABB (NYSE: ABB), a terminal crane automation company, said it will acquire San Diego-based APS Technology Group (APS) to add optical character recognition (OCR) and gate automation capabilities to further improve safety, productivity and efficiency of port operations as containerized shipping grows worldwide.


San Diego-based Freedom Meditech Inc., a developer of non-invasive ophthalmic products for the detection of disease and management of patient health, has received 510(k) clearance from the U.S. Food and Drug Administration to market and sell its first product, the ClearPath DS-120 Lens Fluorescence Biomicroscope.


Illumina Inc. and nine of its board members were sued in New York over the gene-sequencing equipment maker’s rejection of a $6.7 billion buyout bid from Roche Holding AG.

Billmyparents Inc. announced that Kim Petry has joined the company and will be appointed as chief financial officer, and Kratos Defense & Security Solutions Inc. announced the release of its new flagship network management and situational awareness product, NeuralStar, according to company announcements, SEC filings and Bloomberg News.

The following "Local Notes" appeared in The Daily Transcript's Feb. 13, 1922 issue:
A course of eight lectures is to be given at the State Teachers' college by John Vance Cheney, the noted poet and writer. The lectures will take place on Tuesday and Thursday afternoons, beginning Feb. 14.

The two flex industrial/office buildings, totaling approximately 8,500 square feet each at 133-135 Pacific St. in San Marcos 92069, have been sold for $1.35 million, cash.

The Deal of the Week is the $8.5 million sale of the approximately 33,400-square-foot retail center at 7438-7466 Girard Ave. in La Jolla.

(AP) -- At least 30 fish were killed after a drinking water pipe burst and sent thousands of gallons of chlorinated water into a San Francisco Bay area creek.

Tue, Feb 12, 2013

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