Daily Business Report — May 23, 2012
Qualcomm Subsidiary to Sponsor High-Tech Incubator Program Qualcomm Labs Inc., a subsidiary of Qualcomm Inc., has agreed to sponsor a high-tech incubator program with EvoNexus, the CommNexus San Diego incubator for startup companies. “Qualcomm has been an active partner with CommNexus since 1998 and our new relationship with Qualcomm Labs takes EvoNexus’ unique, community-supported incubator model [...]
Daily Business Report — May 22, 2012
11 County School Districts Report Perilous Financial Situations Eleven school districts in San Diego County, including some of the region’s largest, were among 188 in California — an all time high — reporting perilous financial situations, the state Department of Education announced Monday. School districts are required by the state to report three times annually [...]
Daily Business Report — May 21, 2012
Alaska Airlines’ Plane to Bear SDSU’s Aztec Logo and Colors San Diego State University’s scarlet and black colors and logo will soon be featured on an Alaska Airlines 76-seat Bombardier Q400 turboprop as part of a promotional campaign by the airline. Like other university-themed planes operated for Alaska Airlines by its sister carrier, Horizon Air, [...]
Daily Business Report — May 18, 2012
San Diego County Jobless Rate Drops Nonfarm employment up by 2,600 jobs over the month and up 9,200 over the year The unemployment rate in San Diego County dropped to 8.7 percent in April — down from March’s 9.6 percent — the state Employment Development Department reported today. California’s jobless rate was 10.5 percent and [...]
Daily Business Report — May 17, 2012
Taxpayers Group Issues Golden Watchdog and Golden Fleece Awards Government agencies in the San Diego region came in for a round of praise and criticism Wednesday evening when the San Diego Taxpayers Association held its 17th annual Goldens Awards Dinner at the Town and Country Resort & Convention Center. Golden Watchdog awards recognized smart, sensible [...]
Daily Business Report — May 16, 2012
Home Prices Climb in San Diego County The median price paid for a home in San Diego County in April was $329,500 — an increase over March’s median of $320,000 and a 2.4 percent jump from April of last year, according to DataQuick of San Diego. Total home sales also increased — from 3,237 in [...]
Daily Business Report — May 15, 2012
Council Approves Outsourcing City’s IT Systems Contracts with two companies that will handle the bulk of the city of San Diego’s information technology systems were passed unanimously by the City Council in hopes of saving money while improving services, reports City News Service. The deals with Atos IT Solutions and Services and CGI Technologies and [...]
Daily Business Report — May 14, 2012
Aldila Impacted by Rising Costs in China Aldila Inc. of Poway, the leading graphite shaft manufacturer on the PGA Tour, announced net sales of $15.9 million and a net loss of $449,000 ($0.08 loss per share) for the three months ending March 31, 2012 as compared to net sales of $11.3 million and a net [...]
Daily Business Report — May 11, 2012
National Park Service: Balboa Park Could Lose Historical Designation In a letter to the city of San Diego, the National Park Service says plans to alter Balboa Park’s Cabrillo Bridge to keep cars out of the Plaza de Panama could put the park’s historical designation at risk, KPBS reports. The letter says the plan, which also [...]
Daily Business Report — May 10, 2012
Cubic and UC San Diego Collaborate on Transit Project Cubic Transportation Systems and the Jacobs School of Engineering at UC San Diego are collaborating on a project that would give transit customers the ability to make better travel choices by using information they receive from mobile devices and wireless communications and from new technologies. Cubic [...]
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