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March 8 - 14, 2010
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Regulators Cite Evidence of Malfeasance at La Jolla Bank
Shoddy loan underwriting, extending additional credit to already overextended borrowers, and a portfolio chock-full of defaulting land development and construction loans were just a few of the problems cited by federal regulators when they seized $3 billion La Jolla Bank last month. |
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Upper Deck Dealt Losing Hand in Legal Battle
In August 2008, an employee of Konami Digital Media noticed something strange while visiting a Toys ”R” Us store in the Los Angeles area. |
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Clean, Green Jobs
San Diego continued to burnish its status as one of the nation’s most solar-friendly cities last week when Kyocera Solar Inc. announced it would begin making solar panels at its Kearny Mesa plant in June, creating about 75 jobs. |
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Scientists, Engineers Connect With Venture Capitalists at Summit
When a UC San Diego computer science and engineering professor discovered that the university ranked among the county’s largest energy users, he wanted to get to the bottom of it. |
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Updated: 3/10/2010 2:42:01 PM
Region’s Jobless Rate at 11 Percent; 50,000 Jobs Lost in 12 Months
San Diego’s unemployment rate increased to 11 percent in January, up from a revised 10.3 percent in December, and well above the January 2009 jobless rate of 8.4 percent, according to a March 10 report from the state Employment Development Department.
Golf Fest Tees Off March 12
Golf Fest comes this weekend to the Riverwalk Golf Club, 1150 Fashion Valley Road in San Diego.
Class Action Attorney Finishes Prison Sentence
Bill Lerach, the San Diego class action attorney sentenced to two years in federal prison in 2008 after pleading guilty to a single felony of criminal conspiracy and obstructing justice, was officially released from custody March 8, according to the Federal Bureau of Prisons.
Emerging from Stealth Mode, Afraxis Makes Hires
Afraxis, a San Diego-based biotech testing a treatment for Fragile X syndrome, said March 8 it has appointed a chief scientific officer and vice president.
Nine Tenants Flock to Carlsbad Retail Center
Bressi Village Shopping Center, at 2629-2687 Gateway Road in Carlsbad, gained nine new tenants that signed leases totaling $6 million during 2009, operators said in a statement.
Survey Pegs Second-Quarter Hiring as Modest
San Diego area employers said they expect to hire at a modest pace during the second quarter, according to the Manpower Employment Survey released March 9.
More Latest Local News...
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 This Week's Supplements
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New Self-Help Book Arrives to Help the Just Terminated
I’m outta work! Now whatta I do? Former North County resident and freelance journalist Candice Reed teams up with comic and writer Kitty Martini to pen a new self-help tome, “Thank You for Firing Me!” |
Novalar Goes After European Customers
San Diego-based Novalar Pharmaceuticals Inc. has signed an exclusive deal with pharmaceutical giant Sanofi-Aventis to market its dental anesthetic reversal agent in Germany. |
Beach Scene Lures Spring Breakers
San Diego is the ninth most popular spring break destination for U.S. college students this year, according to a survey by travel Web site Orbitz released March 4. |
Kyocera to Manufacture Solar Panels in San Diego
Kyocera Corp.’s solar division announced March 3 that it plans to manufacture solar panels at its Kearny Mesa plant starting in June, initially creating about 75 new jobs. |
UCSD Rady School Offers M.B.A. Information Sessions
Representatives of UC San Diego’s Rady School of Management will lay out details of the school’s FlexMBA program for working professionals. The FlexMBA program offers classes on evenings and weekends. |
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