SD BUSINESS JOURNAL DAILY ENEWS

U.S. Bank Opens Ascent Office in La Jolla

The location is the sixth Ascent site since the office's 2011 launch.

InfoSonics Sets Date for Shareholders Vote on Proposed Merger

The meeting will be held March 7 at the offices of Perkins Coie LLP.

Broadcom to Nominate 6 Directors for Qualcomm Board; Meeting Set

Broadcom Ltd. shifted strategy in its proxy fight for Qualcomm Inc., saying it would ask Qualcomm shareholders to elect six, rather than 11, directors nominated by Broadcom.

Social Leverage Backs Effort To Make Dollars and Scents

Jason Pang, the serial entrepreneur behind the stock discovery app SparkFin, has resurfaced with a new startup in another industry: consumer packaged goods.

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SDBJ Insider: Standing Pat On Convention Space Is Losing Ground

Thoughts following a recent panel discussion on the impact of the convention center in the Distinguished Speaker Series at The University Club Atop Symphony Towers.

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Sunroad Pitches Housing Amid Otay Business Park

PROPERTY: Plan May Address Shortage, But Has Critics

Sunroad Enterprises wants to dramatically change development plans for a 253.1-acre Otay Mesa business/technology park to include up to 3,158 housing units in what would be the largest project the company has undertaken.

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Mission Edge Seeking Applications for its SAIL Program

The nonprofit's program, which lasts 14 weeks, provides mission-driven enterprises with help in creating sustainable, revenue-generating business models.

Tandem Diabetes Care Lists $60 Million Public Stock Offering

San Diego medical device maker Tandem Diabetes Care recently announced a $60 million public stock offering.

San Diego Plays Supporting Role in USS Boxer Repair

Huntington Ingalls Inc., parent to the Continental Maritime shipyard in Barrio Logan, received an $11.6 million order covering work to the USS Boxer, a Wasp-class amphibious assault ship.

Business Calendar for Week of Feb. 12, 2018

Business events scheduled in the county for the week of February 12, 2018, and beyond.

Nonstop Ambition

LEADERSHIP: From Resorts To Airlines, Ted Vallas Always Has a Project on his Radar

Ted Vallas, the 96-year-old driving force behind California Pacific Airlines, stands in the bright February sun in front of the passenger terminal at McClellan-Palomar Airport.

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$775M Settlement Spares SDG&E

ENERGY: Utility Still on Hook For Part of San Onofre Costs

San Diego Gas & Electric’s bottom line won’t be impacted by a proposed settlement that will cut by $775 million owed by ratepayers for the closure of the San Onofre nuclear plant.

Carlsbad Site Start of Big Plans for Coworking Co.

ECONOMY: It Says 8 New Sites Set for 2018, Demand Remains High

One year after coworking space CommonGrounds Workspace made its debut in Carlsbad, the business said it plans to open eight new sites in 2018, including one in downtown San Diego.

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Banks Join Broadcom in Qualcomm Bid: $100B Available

Broadcom Ltd. said Feb. 12 that it has lined up as much as $100 billion in financing for its proposed, $121 billion acquisition of Qualcomm Inc.

Pacific Beach Apartments Sold For $3.7M

Complex has 16 apartments.

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Sirenas Inks Research Partnership with Bristol-Myers Squibb

Sirenas, a marine-centric biotech in San Diego, has entered into a research agreement with pharmaceutical giant Bristol-Myers Squibb.

Miramar Building Sells For $8.8M

Building is fully leased.

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Soci Inc. Hires a CMO

Monica Ho was formerly chief marketing officer at geomarketing ad platform GroundTruth (previously xAd).

OliverMcMillan Sold to Canadian Firm

Brookfield Residential Properties acquires developer of mixed use projects.

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Viasat Reports Net Loss and In-flight Wi-Fi Deal

Viasat reported a third-quarter net loss of $24.6 million on revenues of $381.8 million. It also inked a deal with United Airlines.