San Diego Source

The San Diego Source | The Daily Transcript is San Diego’s only information company offering business news, data and resources daily and hourly. We report on San Diego business, finance and the San Diego economy, real estate, construction, the U.S. military in San Diego, and San Diego government construction bids.

News

TOP HEADLINES

GOVERNMENT

Mayor Filner adds $13M to revised city budget

Bolstered by $13 million in new revenues and cost savings, San Diego Mayor Bob Filner released a revised budget that provides funding for more lifeguards, police dispatchers, street lights and road repair, as well as year-round support for the veterans' homeless shelter.

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DEFENSE

Unmanned systems are the future, Navy captain says

Hockey legend Wayne Gretzky once said, “I skate to where the puck is going to be, not where it has been,” and the commanding officer of Space and Naval Warfare Systems Center Pacific says the drone industry should adopt the same mentality.

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LAW

Ninth Circuit judge shares journey with Lawyers Club

Jacqueline Nguyen was thinking about more than just herself when deciding whether to take a seat on the U.S. Ninth Circuit Court of Appeals.

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FINANCE

Torrey Pines Bank names Horsman as market executive

Local banking veteran Robert Horsman has joined Torrey Pines Bank as market executive for the San Diego region, where he will focus on helping the bank expand its base among local businesses, not-for-profit organizations and professionals.

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CONSTRUCTION

North Embarcadero Visionary Plan reaches mid-way point

Construction crews moved traffic lanes on Harbor Drive approximately 60 feet to the east between the Navy and B Street piers on Monday, as progress continues on the North Embarcadero Visionary Plan Phase 1 project.

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CONSTRUCTION

Residential building permits turn positive for year

The year-to-date value of residential building permits for the region has finally outpaced the activity seen this deep into 2012, following the trend of more positive news for homebuilders seen each month since January’s steep decline.

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REAL ESTATE

Restaurant building in Clairemont sold

The approximately 4,813-square-foot restaurant building in Clairemont at 5580 Clairemont Mesa Blvd., San Diego 92117, has been sold for $1.6 million.

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EDUCATION

Cal State San Marcos appoints new provost

California State University, San Marcos President Karen Haynes announced the appointment of Graham Oberem as provost and vice president for Academic Affairs effective immediately.

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LAW

Guerrero, Popkins appointed to Superior Court judgeships

San Diego attorneys Patricia Guerrero and Michael J. Popkins have been appointed to San Diego Superior Court judgeships by Gov. Jerry Brown, it was announced Tuesday.

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REAL ESTATE

Apartment complex on 73rd in San Diego sold

The 39-unit Molokai apartment complex in East San Diego/La Mesa at 5055 73rd St., San Diego 92115, has been sold for $4.5 million.

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SINGAPORE (May 19, 2013) -- Republic of Singapore military and civilian visitors go aboard the littoral combat ship USS Freedom (LCS 1) during a Republic of Singapore navy open house, where the ship hosted more than 5,000 visitors. The ship arrived in Singapore as part of a deployment to Southeast Asia. Freedom is homeported in San Diego. U.S. Navy photo by Mass Communication Specialist 1st Class Cassandra Thompson