San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Four Chinese Companies to Share $40 Million From Qualcomm

Qualcomm Inc. said on Dec. 11 that it plans to put $40 million into four promising Chinese companies working in the mobile and wireless space, as well as a fund for China-based companies in the semiconductor space.

CEO of SeaWorld to Step Down, Layoffs Planned

The CEO of SeaWorld Entertainment Inc. is stepping down from the post, as the parent company of SeaWorld San Diego embarks on plans to cut $50 million in costs amid dropping attendance at its 11 U.S. theme parks.

Steven Devan Named to Catalyst Corporate Credit Union Board

Steven Devan, chief executive officer of Grossmont Schools Federal Credit Union, was named to the board of directors of Catalyst Corporate Credit Union, the Texas-based wholesale credit union serving 229 member credit unions in California.

The Business Calendar for the Week of December 15, 2014

Some of the business events scheduled in the county for the week of December 15, 2014, and beyond.

Rob Chandhok, Former Qualcomm Exec, to Head Startup

Rob Chandhok, a former senior vice president with Qualcomm Technologies Inc. who left the company earlier this month, broke his silence about his future plans.

Notable Speakers Slated For TD Ameritrade Conference

TD Ameritrade Institutional's national conference in San Diego next month features a couple of big-name speakers sure to enlighten and entertain the expected 3,000 attendees.

Don't Miss the 2015 Book of Lists – Subscribe Today!

Subscribe now to the San Diego Business Journal to guarantee your copy of the 2015 Book of Lists, coming the week of Dec. 29. The Book of Lists is available only to subscribers.

Qualcomm to Invest $40 Million in Four Chinese Companies

Qualcomm Inc. said on Dec. 11 that it plans to put $40 million into four promising Chinese companies working in the mobile and wireless space, as well as a fund for China-based companies in the semiconductor space.

Grossmont's Devan Named to Catalyst Corporate Credit Union Board

Steven Devan, chief executive officer of Grossmont Schools Federal Credit Union, was named to the board of directors of Catalyst Corporate Credit Union, the Texas-based wholesale credit union serving 229 member credit unions in California.

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SeaWorld CEO Stepping Down as Company Restructures

The CEO of SeaWorld Entertainment Inc. is stepping down from the post, as the parent company of SeaWorld San Diego embarks on plans to cut $50 million in costs amid dropping attendance at its 11 U.S. theme parks.

Business Calendar for Week of December 15, 2014

Some of the business events planned in the county for the week of December 15, 2014, and beyond.

Peregrine Completes $471 Million Sale to Murata Electronics

Peregrine Semiconductor Corp., the San Diego maker of chips found in wireless devices and networks, completed its sale to Japan-based Murata Electronics North America Inc. in an all-cash transaction valued at $471 million.

Ex-Qualcomm Executive Joins San Francisco Startup

Rob Chandhok, a former senior vice president with Qualcomm Technologies Inc. who left the company earlier this month, broke his silence about his future plans.

TD Ameritrade Conference Features Big-Name Speakers

TD Ameritrade Institutional's national conference in San Diego next month features a couple of big-name speakers sure to enlighten and entertain the expected 3,000 attendees.

Navy Awards Raytheon $38.5 Million Contract Modification

Raytheon Co.’s Integrated Defense Systems unit in San Diego received a $38.5 million U.S. Navy contract modification, the Navy announced on Dec. 11.

The Search Is On – Top Real Estate Deals Nominations Close Jan. 5

The San Diego Business Journal is accepting nominations for the 2015 Top Real Estate Deals, featuring the CRASD Deal Maker Awards, which honor the top brokers on both the buyer and seller side of San Diego County’s biggest, best and most complex projects.

Don't Miss the 2015 Book of Lists – Subscribe Today!

Subscribe now to the San Diego Business Journal to guarantee your copy of the 2015 Book of Lists, coming the week of Dec. 29. The Book of Lists is available only to subscribers.

City Receives $3.4 Million Federal Grant For Lead Removal

Mayor Kevin Faulconer announced that the city of San Diego has received a $3.4 million grant from the federal government to improve health and safety for individuals living in older homes.

Batu Biologics Files Investigational Drug App With FDA

Batu Biologics Inc., a biotechnology company developing a cancer vaccine that targets a tumor's blood vessels, announced the filing of an Investigational Drug Application (IND) with the U.S. Food and Drug Administration (FDA) for its lead immune therapy, ValloVax.

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Vista Apartments Sold for $4.5 Million

Trustees of two local Glorioso family trusts have purchased the 34-unit Sunglen Apartments in Vista for $4.5 million, according to brokerage firm ACRE Investment Real Estate Services, which represented the buyer and seller.