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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 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.
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.
The 9-to-5 grind has created a cult of workaholics.
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.
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 Cory Hargreaves & Savitch is the largest local law firm and has been for the last few years.
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.
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.
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.
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.
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 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.
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.
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.