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Southern California Gas Co., a utility owned by San Diego-based Sempra Energy, announced it has agreed to pay up to $4.3 million to settle accusations it neglected to notify authorities in a timely manner of a major leak at its Aliso Canyon natural gas storage facility in Los Angeles County.
Serial entrepreneur and former California Insurance Commissioner Steve Poizner has been named the UC San Diego Rady School of Management's inaugural entrepreneur-in-residence.
The Federal Transit Administration has committed $1 billion toward a San Diego-area transportation project that, when combined with $1.1 billion from the TransNet half-cent sales tax, will extend the region’s trolley system 11 miles from Old Town to the University City community.
The U.S. Navy announced on Sept. 12 that it will reimburse the Scripps Institution of Oceanography at the University of California, San Diego almost $30 million for the mid-life retrofit of the oceanographic research vessel Roger Revelle.
Sempra Energy announced a string of executive changes, including the upcoming departure of President Mark A. Snell, as part of a leadership development and succession process that effectively reshuffles the Fortune 500 company’s top leadership without bringing in anyone from outside its ranks.
Explora BioLabs, a growing clinical research organization headquartered in San Diego, is expanding into South San Francisco.
Murphy Business & Financial Corp. LLC, a full-service business brokerage firm with more than 180 offices in the U.S. and Canada, recently announced the opening of a new office in Del Mar serving San Diego and surrounding communities in Southern California.
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.