The recovery may be happening slowly in some industries like construction, but most banks are feeling flush these days.
Leap Wireless International Inc., the San Diego-based flat-rate cellphone service doing business as Cricket, reported a $640.8 million net loss for 2013 in what is expected to be its last annual securities filing before it completes its sale to AT&T Inc. later this month.
Balboa Park Celebration Inc., the nonprofit organization formed to put on a year-long series of events to commemorate the 1915 Panama California Exposition, voted to disband and cede its authority to the city of San Diego.
Novatel Wireless Inc., the San Diego-based maker of wireless modems and software, reported a 2013 fourth quarter net loss of $21.3 million, compared with a net loss of $14.9 million in the like quarter of 2012.
Development: Automobile Distributor’s, City’s Plans Clash
A longstanding dispute between Pasha Automotive Services, one of the Port of San Diego’s most successful tenants, and National City has prompted the port district to reassess its zoning in the area, a process that could take about two years.
San Diego’s unemployment rate increased to 7 percent in January from December’s rate of 6.5 percent, as the region’s net job loss during the month was 16,400, according to the latest report from the state’s Employment Development Department.
Funding for the second phase of the San Ysidro port of entry expansion project was included in the fiscal 2015 federal budget proposed by President Obama.
Infosonics Corp., the San Diego distributor of cellphones and wireless devices mainly in South America, reported record fourth quarter sales, units shipped, and broke through for a small net profit.
Balboa Park Celebration Inc., the nonprofit organization formed to put on a year-long series of events to commemorate the 1915 Panama California Exposition, voted to disband and cede all its authority to the city of San Diego.
Bumble Bee Foods LLC, the San Diego provider of canned tuna and other seafood, said it entered into a partnership with Sapmer, the second largest tuna fleet in France.