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Latest Local News
The most recent Business Journal articles featured in the Latest Local News section of the Web site.
Third-Quarter Profit Increases at WD-40
WD-40 Co. reported net income of $8.1 million, up 5.6 percent, for its third quarter ended May 31. Revenue grew 5.8 percent to $82.1 million for the same period, according to a report released July 2.
Pennsylvania Company Buys Hillcrest Rehabilitation Hospital
Vibra Healthcare LLC of Mechanicsburg, Pa., said July 3 that it has acquired Continental Rehabilitation Hospital, a 110-bed long term acute care hospital in San Diego’s Hillcrest neighborhood.
Linux Software Firm Linspire Sold
San Diego-based Linspire Inc. was acquired by Xandros Inc., another creator of Linux-based operating systems and products. The announcement was made July 2.
Mayor Hires New Press Secretary
Fred Sainz, who has served as Mayor Jerry Sanders’ press secretary since the mayor took office in December 2005, has resigned his position and is being replaced by longtime political operative and San Diego County native Darren Pudgil.
Drivers, Warehouse Workers Walk Off Job
About 600 drivers and warehouse workers at Coca-Cola Enterprises in San Diego walked off the job July 1 in solidarity with Coca-Cola workers who went on strike in Oceanside over wage disparities, according to Teamsters Local 683.
Equity Based Services Acquires Nashville Storage Facility
Equity Based Services Inc. of San Diego said June 30 it acquired Silo Self Storage in Nashville, Tenn. for $3.8 million.
Kyoto Symposium Organization Names New Chairman
Robert Horsman, chief executive at San Diego National Bank, was named chairman of the Kyoto Symposium Organization, the group announced July 1.
Podcast: This Week's Front Page, at a Glance
Web Editor Brad Graves provides highlights from the June 30, 2008 issue of the San Diego Business Journal. Or listen to archived podcasts.
Jet Source Acquiring Aviation Firm
Jet Source, a Carlsbad-based corporate jet charter company, said July 1 that it is acquiring Western Flight, another fixed-base charter operator, for an undisclosed amount.
Two Commercial Properties in San Diego Change Hands
Arden Realty of West Los Angeles fetched more than $90 million in two property sales announced the week of June 30. Both are multitenant office buildings.
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