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

Fintech Smooths the Way for Both Purchases and Payments

FINANCE: Co. Gets Good Growth in Food And Beverage SpacePayment Logistics is a company that Southern Californians might encounter when they go out to their favorite eateries. Unobtrusive as it is, some 99 percent of diners will have no idea it’s there.

Know Right From Wrong in Startup Programs

STARTUP: Cos. Need To Make Sure Culture, Style Are Good Match

Ecosystems of incubator and accelerator programs have sprung up in tech cities around the world in response to demand from entrepreneurs for launching pads for their endeavors.

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Sempra to Sell Solar Assets for $1.54B

Sempra Energy has agreed to sell its U.S. non-utility solar energy generation assets, one wind facility and certain battery storage facilities to Consolidated Edison Inc. for $1.54 billion in cash.

Renovate America Names New CEO

Renovate America has promoted Harold Lewis from chief operating officer to CEO, effective Sept. 1. The privately held company made the announcement on Sept. 19.

Bloomberg: Qualcomm CEO in Line for Raise

Qualcomm Inc.'s board is about to give CEO Steve Mollenkopf a raise because of the way his team has navigated through recent challenges, according to a Sept. 19 report from Bloomberg News.

Reuters: Qualcomm to Add 2 Board Members

Moving on from two thwarted M&A deals, Qualcomm Inc. is preparing to appoint two new directors, Reuters reported on Sept. 18, citing unnamed sources.

Sempra, Activists Strike Deal for Board Change, Business Review

Sempra Energy has signed a deal with activist investors Elliott Management Corp. and Bluescape Energy Partners LLC, agreeing to seat two new board members among other provisions.

Qualcomm Takes on $53B Counterfeiting Problem

Taking a step against counterfeiters and cheats, Qualcomm Inc. has produced software to identify counterfeit, illegal and stolen mobile devices, making it freely available.

Goodwill Industries Unveils Community Employment Center

Partners with Civic San Diego.

Qualcomm to Buy Back $16B Worth of Shares

Shares reached a 52-week high as Qualcomm Inc. announced plans to buy back an additional $16 billion in stock.

Startups Commit Equity Stake to EvoNexus

Four new startups have been accepted into the EvoNexus incubator program, and the founders of each have agreed to give the nonprofit organization a stake in their companies in exchange for participation.

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North County Aims for Vibrant And Growing Coworking Culture

North County Aims for Vibrant And Growing Coworking Culture While Adapting to Area’s Limitations

When Brendan Foote and his colleagues at Bloc wanted to expand their coworking company, they went to Carlsbad.

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Co., Port Partner on Kelp Aquaculture Program

ECONOMY: Eco Friendly Crop Would Sell to Chefs, Ranchers and Farmers

Early last year, Leslie Booher and Torre Polizzi, founders of Sunken Seaweed LLC., made their way down to Ensenada, Mexico, and snuck into the Offshore Mariculture Conference, all in hopes of meeting Paula Sylvia, the Port of San Diego’s program manager of aquaculture, and speak with her about their desire to help preserve kelp in California.

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CalPrivate Bank to Open El Segundo Office

San Diego-based CalPrivate Bank has received federal approval to open a location in El Segundo, where it will serve the South Bay region of Los Angeles County.

Martin Named Sempra Chairman

The board of directors at Sempra Energy has named CEO Jeffrey Martin chairman, effective Dec. 1.

Startups Reporter's Notebook: UCSD Ranked 26 for Its Entrepreneurial Efforts

UC San Diego has again landed at No. 26 on Pitchbook’s annual list of the top 50 universities that are producing venture capital-backed entrepreneurs.

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