San Diego Business Journal


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Sempra U.S. Gas & Power Sells EnergySouth For $320 Million

Sempra U.S. Gas & Power, a unit of San Diego-based Sempra Energy, announced Sept. 12 it has sold the parent company of two natural gas distribution services in Alabama and Mississippi for $320 million in cash. The buyer, St. Louis-based Spire Inc., agreed to assume existing debt of $67 million as part of the deal.

Sempra Declares Dividend

Sempra Energy’s Board of Directors has declared a dividend of 75 ½ cents per share of common stock, payable Oct. 15. The dividend announced Sept. 9 is payable to shareholders of record on Sept. 29.

National Science Foundation Awards USD $45,000 Grant

The University of San Diego announced on Sept. 8 that it received a $45,000 grant from the National Science Foundation, which will go toward work on an engineering conference.

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Measure Workday in Productivity, Not Hours

The 9-to-5 grind has created a cult of workaholics.

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Andy Vaughn Named Permanent President/CEO of Alliant International University

Alliant International University announced Thursday that Andy Vaughn has been appointed the university’s president and CEO after about nine months as its interim leader.

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Work Beginning on New Carté Hotel in Downtown San Diego

A Sept. 9 ground-breaking is planned for Carté Hotel & Suites San Diego, a new 240-room downtown hotel being built at a cost of approximately $62 million.

Procopio Is Going Strong as It Celebrates 70th Anniversary

Procopio Cory Hargreaves & Savitch is the largest local law firm and has been for the last few years.

Retail in Balancing Act With Malls and Mobile

RETAIL: Properties Use Fun, Budget Buys to Draw Crowd

Retailers and shopping center operators are making major changes to their business strategies as online and mobile commerce take an increasingly big bite out of traditional store sales.

Workforce Partnership Gets $400,000 Grant for Retail Worker Training

The San Diego Workforce Partnership has been selected to receive a $400,000 grant from the Chicago Cook Workforce Partnership, as part of a nationwide effort to increase economic mobility for workers in retail and related sectors.

Tourism Authority, Hotel-Motel Association Oppose Measures C, D

The San Diego Tourism Authority and the San Diego County Hotel-Motel Association have issued a joint statement opposing both November ballot measures that call for hikes in the city’s hotel taxes.

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Stone Brewing Taps Engels as New CEO

Escondido’s Stone Brewing Co. has named Dominic Engels as its new chief executive officer, effective Sept. 6, as current CEO and co-founder Greg Koch is promoted to a previously announced role as executive chairman.

Petco Leads $10M Series A Funding for Digital Pet Care Company Petnet

Petnet, a startup that sells automated pet feeders, has closed a $10 million Series A financing round led by San Diego-based retail chain Petco, the company said Aug. 31.

Senomyx Receives Approval to Sell Flavor Ingredients in China

Senomyx Inc., a local biotech that makes flavor enhancers, has landed regulatory approval in China to sell two of its product ingredients: Sweetmyx SR96 and Bittermyx BB68.

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One Way the State Competes on Taxing Issues

You don’t have to be an entrepreneur or business owner to know that California is widely-considered a difficult state to do business in.

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Professor Sees Big Role of Real Estate in Most Business Sectors

EDUCATION: New SDSU McMillin Center Director to Expand Interest, Diversity

After nearly three decades involved with the subject as an educator and researcher, Elaine Worzala finds it hard to fathom why many business career tracks don’t require at least some training in the realm of real estate.