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SmartDrive Systems said on March 30 that it raised $50 million of additional venture funding.March 31, 2015 3:08 p.m. Share
The greater San Diego region is the second-fastest growing economy in the state, the California Employment Development Department said Wednesday, with the area expected to add 206,000 jobs by 2022.
An index measuring the health of the San Diego economy took a downward turn in July, after 13 consecutive months of increases.
TriWest Healthcare Alliance announced the company is hiring 240 employees in San Diego at its new Operations Center, which is scheduled to open on Sept. 8.
San Diego-based Canter Cos., a developer, broker and venture capital firm, said it is partnering with local portfolio manager TriVant Customer Portfolio Group to bolster its fledgling wealth management division and add $70 million in assets under management.
San Diego County Credit Union’s membership grew nearly 9 percent to 295,000 customers in the year ending June 30, the credit union said in its quarterly earnings report.
General Atomics Aeronautical Systems Inc. has paid $945,000 in back wages to 901 of its employees nationwide following a Department of Labor investigation, the federal agency said on Aug. 27.
ECONOMY: Solutions Sought; Workforce Can’t Afford S.D.
Thirteen years ago, San Diego City Council declared the city was suffering from a housing emergency, with less than 25 percent of families able to afford a median-priced home, then worth $379,000.
An affiliate of property owner Emmes Group of Cos. has received $130 million in first mortgage debt to recapitalize 1 Columbia Place, its office tower at 401 W. A St. in downtown San Diego.
Oceanside-based Pacific Marine Credit Union said it had appointed the former president of Orange County’s Eagle Community Credit Union as Pacific Marine's CEO.
Unemployment in San Diego ticked up to 5.4 percent in July, up from 5 percent the month before, with the region losing about 2,500 industry jobs since June.
The San Diego Regional Chamber of Commerce’s Business Forecast fell in July to its lowest point in a year, though the Chamber said the decline from June was statistically insignificant.
Seacoast Commerce Bank announced two benchmarks on Thursday: it had more than $500 million in assets and had gotten over $1 billion in loans approved by the U.S. Small Business Administration.
LEADERSHIP: Entrepreneur Keeps an Eye Out for Opportunity and Helps Others Discover the Business World
Al Darnell Jr. is a serial entrepreneur. In the past decade, he’s started a half-dozen companies, including a cleaning service, a mortgage brokerage and a network of 25-cent gumball machines.
STARTUP: App Helps the Introverted and Others Make Connections at Conferences
Yuanyuan Zhou’s top computer science students not only have to put their minds to work. They need to get out there and shake some hands.
The ConAm Group of Companies (ConAm) has named Julie Brawn-Whitesides as its new executive vice president of property management, as the San Diego-based firm aims to grow its national multifamily property management portfolio.