SD BUSINESS JOURNAL DAILY ENEWS
AT&T Inc. announced that it put more than $725 million into capital improvements in the San Diego area over the last three years. The corporation counted investments to both its wired and wireless networks made between 2012 and 2014.
The San Diego County Registrar of Voters is reviewing more than 60,000 signatures submitted by opponents of the mixed-used One Paseo project in Carmel Valley, aimed at rescinding San Diego City Council’s recent approval or placing the measure on a future election ballot.
Joehnk LLC of La Jolla has purchased the 14-unit Chateau Shasta apartment building in La Mesa for $2.8 million, according to ACRE Investment Real Estate Services, which represented the seller.
Private equity firm Blum Capital and the parent of Fairmont Hotels & Resorts are acquiring a majority stake in Carmel Valley’s Grand Del Mar resort for a reported $230 million.
Cubic Corp. received a $9.4 million U.S. Army contract modification to operate the Korea Battle Simulation Center for the next 12 months. The Pentagon made the announcement March 25.
Some of the business events planned in the county for the week of March 30, 2015, and beyond.
San Diego city and county government leaders have announced plans to work collaboratively, including sharing consultant costs, in order to devise a new regional stadium plan to retain the San Diego Chargers.
The U.S. Navy announced on March 26 that it awarded BAE Systems San Diego Ship Repair a $16.8 million contract modification covering shipyard work for the USS San Diego.
Massachusetts-based Dunkin’ Brands Group Inc. has an April 7 opening planned for its new restaurant in Ramona, which officials said will be California’s first drive-through location selling Dunkin’ Donuts and Baskin-Robbins ice cream.
National affordable housing developer Vitus Group Inc. has completed a $22.8 million renovation of the 448-unit Meadowbrook Apartments, in San Diego’s Skyline neighborhood.
BioNano Genomics Inc., a genome mapping company in San Diego, announced the appointment of Terry Salyer as chief commercial officer.
CORRECTION: Mast Therapeutics Inc., a San Diego-based biopharmaceutical company, filed a new “shelf” S-3 registration statement totaling $166.6 million on March 24.
InfoSonics Corp. said on March 23 that it introduced a budget smartphone that offers fast data service known as 4G LTE.
UC San Diego is one of three institutions selected by the Alfred P. Sloan Foundation for a partnership to support under-represented graduate students in STEM fields.
Beechcraft Defense Co. is selling one of its small planes to the government of Iraq under a foreign military sale, the Pentagon announced on March 25.
Lloyd H. Wells Gift Trust of Poway has acquired a Poway industrial building for approximately $3.15 million, according to CoStar Group and public data.
Mad Catz Interactive Inc. announced a $3.7 million direct registered offering.
Rhombus Energy Solutions Inc., a San Diego-based energy technology company, said that it raised $2.8 million in Series A funding.
La Jolla-based Backlot Hospitality plans to open a new events space with six movie theaters at the former Luce Auditorium, at Liberty Station in Point Loma.
Competitor Group, Inc. (CGI) has announced changes to its senior leadership team.