San Diego News

Wed, Dec 5, 2012

Less than one month after holding what it deemed a successful first go-around at auctioning greenhouse gas emissions allowances as part of its cap-and-trade program, California’s Air Resources Board announced this week the number of allowances to be auctioned in 2013 and the prices they’ll be set at.


All of the Nov. 6 absentee ballots have been counted, and there are now seven school construction bond measures that passed in last month’s general election.


Fourteen San Diego County businesses were honored Tuesday for ethical business practices by the San Diego Better Business Bureau.


BIOTECH

Zogenix Inc.'s pure hydrocodone painkiller Zohydro may be abused at a greater rate than combination products on the market, U.S. regulators said.


San Diego County governments may have to redraw a nearly $200 billion plan that lays out transportation projects for the next 40 years.


Qualcomm Inc., the largest seller of mobile-phone semiconductors, said a shortage of its advanced smartphone processors is almost resolved as manufacturing partners including Samsung Electronics Co. boosted production.


A New Jersey-based shipping company said it will finance the $350 million construction of two containerships for Puerto Rico trade that will help the environment.


MEDICAL

Vical Inc. (Nasdaq: VICL) said Wednesday that it licensed its Vaxfectin technology, which is designed to make vaccines more effective, to a company that intends to use it in malaria vaccines.


BIOTECH

La Jolla Pharmaceutical Co., a developer of therapeutics that target galectin-3, announced that the FDA Division of Cardiovascular and Renal Products approved the company's investigational new drug application (IND) for GCS-100.


MicroPower Technologies Inc., a San Diego-based provider of surveillance solutions, named Ann Chamberlin as the company’s new vice president of sales.


U.S. Bank, the fifth-largest bank in the United States and lead bank of U.S. Bancorp (NYSE: USB), entered into a strategic technology partnership with San Diego-based Mitek Systems Inc. (Nasdaq: MITK) to offer Mitek’s mobile photo bill pay product to U.S. Bank customers.


SPORTS

The San Diego Padres are trying to extend their reach into the community while building the team into a contender, team President and CEO Tom Garfinkel said at the South County Economic Development Council's holiday breakfast on Tuesday.


Vical Inc. announced a worldwide, nonexclusive license of its patented Vaxfectin adjuvant to Cyvax Inc., a privately held vaccine development company, for use in malaria vaccines, and Mitek Systems Inc. announced it entered into a strategic mobile technology partnership with U.S. Bank to offer Mitek’s Mobile Photo Bill Pay product to U.S. Bank customers, according to company announcements, SEC filings and Bloomberg News.


The following "Local Notes" appeared in The Daily Transcript's Dec. 6, 1995 issue:
The Californian in Temecula plans to debut a Saturday edition Dec. 16, making it a seven-day-a-week newspaper, said Richard High, president of the South Coast Newspapers, which owns The Californian. South Coast recently merged the North County Blade-Citizen and the Times Advocate in Escondido into the North County Times.


(Bloomberg) -- Citigroup Inc. (NYSE: C) sued Alan Casden, a Beverly Hills, Calif., real estate developer, for $43.4 million, claiming his company defaulted on the financing of a Gulfstream 550 corporate jet.



Wed, Dec 5, 2012

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