SD FINANCE

Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

When Banks Just Say No To Marijuana Companies

BANKING: Finance Solutions Offered for Current Cash BusinessArmored vehicles. Vaults. Talk of cryptocurrency. These are realities for San Diego marijuana businesses like Outco that are unable to obtain bank accounts.

Carlsbad-Based Specialized Food Distributor Good Source Solutions Acquired

Acquired company generates more than $200 million in annual revenue from customers including educational, correctional and healthcare facilities.

NASSCO Dry Dock Floods Unexpectedly

Workers at the General Dynamics NASSCO shipyard are cleaning up after one of its dry docks flooded unexpectedly on July 11.

Tiled Seed Round Raises $1.5M

A San Diego software startup that bills its content platform as a rival to presentation program PowerPoint has raised a $1.5 million seed round from a Utah-based venture capital firm.

Tease photo

EvoNexus Adds 6 Execs to Board of Directors

EvoNexus, the startup incubator with an office in La Jolla, recently announced the addition of six executives to its board of directors.

Bay Area VC With San Diego Connection To Keynote SDVG’s Flagship Event

The San Diego Venture Group said US Venture Partners (UCVP) partner Dafina Toncheva will keynote its Venture Summit event Aug. 16.

Tease photo

Tackling Disconnection Must Be a Communitywide Imperative

The San Diego Workforce Partnership recently launched OpportunitySD, a movement to dramatically reduce the number of opportunity youth — young adults ages 16-24 who are neither in school nor working — in the region.

Tease photo

Qualcomm to Pay 62 Cents Per Share Cash Dividend

Quarterly dividends were boosted 9 percent as of midyear.

WD-40 Reports Record Results

WD-40 Co. reported record high sales and earnings results for its third quarter, which ended May 31.

Tealium Reaching Out to Help Early-Stage Startups Analyze Data

STARTUPS: Mentoring, Services, Access to CDP Included in Free Program

La Jolla-based Tealium, which makes software for enterprises to use to analyze data, is launching a program to help out local startups with free services, mentoring and access to some of its investors and customers.

Tease photo

Kratos Delivers First Production Drone to U.S. Navy

Kratos Defense & Security Solutions Inc. delivered the first production BQM-177A subsonic aerial target system to its U.S. Navy customer early this week.

BrainLeap Technologies Gets $225K Grant to Develop Attention Training Games

BrainLeap cofounders, UCSD neuroscientists, aim to turn research discoveries into effective treatments.

Sempra Announces Stock Offerings

Sempra Energy announced July 10 that it plans public offerings of $1.1 billion of common stock as well as $500 million of mandatory convertible preferred stock.

Edge Fattens Cryptocurrency Wallet

Companies that focus on cryptocurrency have been on a roller coaster in recent years with major fluctuations in the price of the most popular iterations of digital money, such as Bitcoin and Ethereum.

Tease photo

Agtech Startup GroGuru Gets $250K in Pitch Competition

Competition provided investment capital to two early-stage agtech companies.

Prev