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Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...Kratos Decides Against Refinancing $625M Bond
Market conditions are no longer right for Kratos Defense & Security Solutions Inc. to refinance a $625 million bond, company CEO Eric DeMarco said recently.
General Atomics Scientist Participates in Nuclear Fusion Experiment
A scientist from a private San Diego company was part of a multinational effort to make nuclear fusion better suited for commercial power production.
Shire Nixes New Site During Construction
PHARMA: Dermagraft Sales Decline Big Part of Decision
Irish drugmaker Shire PLC has halted construction of its more than 150,000-square-foot regenerative medicine building in Sorrento Mesa.
Pharma’s Odd Couple May Be Perfect Match
PHARMA: GSK and Avalon Creating Climate for Innovation
British pharmaceutical giant GlaxoSmithKline PLC is expanding its West Coast presence with several key moves in San Diego — and its unique partnership with La Jolla-based Avalon Ventures is front and center.
Streetlight Smart Grid Aims to Lighten City’s Bill
ENERGY: Program Is First in Nation, May Also Generate Revenue
The city of San Diego has a plan to reduce what it spends for electricity to power its streetlights — and maybe generate revenue in the process.
Cubic Corp. Buys Transport Solutions Business From Serco Group for $70M
Cubic Corp., the San Diego defense contractor and mass transit fare collection systems provider, said it completed the acquisition of Serco’s Transport Solutions business for $70 million.
Pulse Electronics Corp. Ships Its 2 Billionth Antenna
Pulse Electronics Corp., a San Diego based maker of electronic components, recently shipped its 2 billionth antenna.
EDF Renewable Energy Buys Texas Wind Project
San Diego-based EDF Renewable Energy has acquired the 200 megawatt Hereford 1 Wind Project in the Texas Panhandle from Lincoln Renewable Energy, EDF announced.
World Trade Center San Diego Announces Leadership Change
Samuel Kephart has been appointed interim president and CEO of the World Trade Center San Diego, the organization announced Nov. 26. He succeeds Steven Weathers, who announced his resignation, effective Dec. 4, for personal reasons.
GlaxoSmithKline to Open San Diego Office
GlaxoSmithKline PLC will open a new office in San Diego at the start of the year, as the British pharmaceutical giant aims to expand its reach on the West Coast.
Chinese Officials Investigating Qualcomm Over Monopoly Concerns
Qualcomm Inc. announced on Nov. 25 that the Chinese government is investigating the company in relation to China’s anti-monopoly law.
Qualcomm Finalizes Sale of Omnitracs
Qualcomm Inc.’s sale of its subsidiary Omnitracs Inc. to Vista Equity Partners has been finalized, the company announced.
Orexigen to Resubmit Weight-Loss Pill for FDA Approval
San Diego-based Orexigen Therapeutics Inc. will soon reapply for regulatory approval of its weight-loss pill, Contrave, after reporting that interim results from a large-scale study showed the drug doesn’t significantly increase heart disease risk in patients.
Destroyer 1st to Go to Sea With New Northrop Grumman Computing Network
The U.S. Navy destroyer USS McCampbell became the first ship to go to sea with a new shipboard computing network dubbed Canes, system integrator Northrop Grumman announced on Nov. 25.
App Company Hopes Shutterbugs Will Have ‘Phun’ Editing Photos
Software: MacPhun Bringing High-End Photo Editing to Pros, Hobbyists
A Del Mar-based software company focused on Mac-based applications for photo editing is hoping its latest, modestly priced product will tap into a growing desire among consumers to improve and share their digital photographs and give professionals a powerful tool for less cost.
