The Public Utility Commission of Texas on March 8 approved Sempra Energy buying Oncor Electric Delivery, the last remaining regulatory obstacle in a $9.45 billion deal expected to close shortly.
UTILITY: Well-Managed Co. Could Help Diversify Earnings
Sempra Energy looks set to buy a utility operating in a state where demand for power is growing, within a region where it already owns significant energy infrastructure, adjacent to a foreign country where it has a strong industry foothold.
BEAUTY: Cordless Hair Dryer Was an Engineering Challenge
Ryan Goldman held his hand to the mouth of the roaring blow dryer, feeling its power and heat.
The San Diego biotech will receive the payment as part of a four-year collaboration with Celgene.
Qualcomm investors were slated to vote March 6 on whether to give Broadcom a majority on Qualcomm's board of directors. The Committee on Foreign Investment in the United States has ordered the meeting delayed.
RETAIL: Standing Desk Aims to Be Well Designed Functional and Affordable
Standing desk setups are often associated with people in technology, but Readydesk’s conversion unit is nearly as low-tech as they come.
Kratos Defense & Security Solutions Inc. announced a plan to sell its Public Safety & Security Division to Securitas Electronic Security Inc.
San Diego-based Sempra Energy reported 2017 adjusted earnings of $1.37 billion, up from $1.27 billion the prior year.
Members of Congress have called for a federal review of Broadcom Ltd.’s proposed acquisition of Qualcomm Inc. and Reuters reports that such a review has already begun.
San Diego-based Sempra Energy has cleared the second to last hurdle in its $9.45 billion acquisition bid for Oncor Electric Delivery, the largest utility in Texas.
RETAIL: Co. Misread Market; New Focus to Be Brands, Customers
An overly ambitious rush to expand, confusion over its brand, and costly real estate deals were what caused Pirch — the high-end household furnishings and fixtures company — to close all but its four California showrooms.
RETAIL: Carlsbad Co. Among Winners From Ban on Plastic Bags
Some reusable bag makers in California were pleased when voters affirmed the state’s single use plastic bags ban in November 2016, but hesitant to attribute their successes and steady revenue to the bill itself. However, Lotus Trolley Bag based in Carlsbad was inspired to start its business because of the law.
Comhear has said the technology is likely to be appealing to audiophiles, gamers, people with home theaters and users of virtual and augmented reality.
General Atomics Aeronautical Systems Inc. has enlisted a surprising partner in its bid to build an unmanned, carrier-based air refueling aircraft for the U.S. Navy
The complaint, filed in U.S. District Court in San Diego, alleges MillerCoors of trademark infringement.