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Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

San Diego’s Wealthiest Are an Eclectic Group Reflecting Region’s Diversified Economy

Who are San Diego’s richest residents? What do they do to earn such impressive fortunes? And what do they have in common?

Carnival Miracle to Make 13 Homeported Journeys From San Diego

ECONOMICS: Cruise Line’s Local Impact To Reach $26 Million

Seven years since it last departed from the Port of San Diego, Carnival Cruise Line launched its winter schedule.

Blenders Eyewear Gets Acquired

According to a press release, Safilo Group, an international eyewear company, acquired 70% of Blenders Eyewear's equity.

Local Roots Kombucha Acquires Latitude 33 Brewing Facility

According to a press release, Local Roots' acquistion of Latitude 33's brewing facility includes the 16,000 square foot brewery and 20 fermentation vessels located in Vista.

Millennials to Say Bye to Boomers, Hello Homeownership

HOUSING: Change Will Be Gradual Leveling Playing Field For Buyers and Sellers

Baby boomers will ease the housing crunch when they die. So says a report from Zillow, an online real estate brokerage.

Potential $31 Million Deal Shows Canale’s Work Paid Off

UDG Aims to Expand Footprint, Especially in West Coast

Carin Canale-Theakston founded Canale Communications. Her twin goals: build the largest life sciences communications firm on the West Coast.

Phoenix Molecular’s Seed Funding Reaches $12 Million

Co. Targets RSK2 Enzyme Often Found in Breast Cancers

Phoenix Molecular Designs is attacking advanced breast cancer in a new way — and with added funding.

Coldwell Banker West, Ascent Merger Creates Nearly 1,000 Agent Firm

REAL ESTATE: Technological Changes Are Driving Market Consolidation

Two San Diego residential real estate agencies have merged, creating a single firm with nearly 1,000 agents.

Tech Coast Angels Invest Again In Mercato and Discover Echo

FINANCE: $2.1M Split; ACE Fund Put Into Play

The deals, announced in late November, bring the number of million-dollar investments by Tech Coast Angels’s San Diego chapter to four.

Special Report: Wealthiest San Diegans

A list of San Diego's wealthiest individuals for 2019.

Tech Coast Angels Invests Again in Mercato and Discover Echo

Tech Coast Angels-San Diego is increasing its investment in two local companies: Mercato, the delivery startup for independent grocers, and Discover Echo, the microscope maker formerly known as Echo Labs. Mercato received an additional $1.1 million while Discover Echo received $1 million.

Bumble Bee to Be Sold for $925M, Files for Bankruptcy

San Diego-based Bumble Bee Seafoods filed for Chapter 11 bankruptcy protection, saying in a statement that the move was a first step in selling the business. FCF Co. Ltd. has agreed to buy it for $925 million.