SD FINANCE

Edge Fattens Cryptocurrency Wallet

Companies that focus on cryptocurrency have been on a roller coaster in recent years with major fluctuations in the price of the most popular iterations of digital money, such as Bitcoin and Ethereum.

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Agtech Startup GroGuru Gets $250K in Pitch Competition

Competition provided investment capital to two early-stage agtech companies.

Mission Fed CEO Re-elected to NAFCU Board

Organization lobbies on behalf of credit unions on federal issues.

Tax Credits Approved For 3 San Diego Cos.

Startups: More than $1.2M promised for Future Milestones

One of the largest of 29 grants recently awarded through the California Competes Tax Credit program to companies statewide is slated to be received by Urban Translations, a local startup that creates digital menus for businesses in the hospitality industry.

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Brain, Savioke Team For Robot Evolution

TECH: Brain Takes Funding Role, Seeks to Broaden Reach

Startups generally seek funding, not provide it.

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Sempra to Develop Gas, Diesel Terminal at Mexican Port

A Sempra Energy subsidiary received a 20-year contract from a port in Sinaloa, Mexico, to build and operate a fuel terminal.

Endeavor Bank Shares Begin Trading on OTC Market

First new bank to open in the county in 10 years launched in January with more than $26 million in initial capital.

PriceSmart Third-Quarter Revenue Climbs 7 Percent

PriceSmart Inc., the San Diego corporation which operates membership warehouse stores in Latin America and the Caribbean, reported third quarter net income of $18.7 million on total revenue of $782.2 million.

Festival Raises Money, Salutes Surgical Teams’ Missions of Mercy

The Scripps 7th Annual M.O.S.T. Mariachi Festival was held recently at Humphreys Concerts by the Bay.

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Northrop Grumman Gets $97M Signal Jammer Contract

The U.S. Navy awarded Northrop Grumman Corp. a $96.5 million contract for radio signal jammers designed to foil improvised explosive devices (IEDs).

Zodiac Completes Merger With Fluidra

Spain-based Fluidra S.A. closed its merger with Vista-based Zodiac Pool Solutions, Fluidra announced on July 2.

RF Industries’ Dawson Gets Board Seat

RF Industries Ltd. has named Robert Dawson to its board of directors.

COMMENTARY: Ruling Doesn’t End Fight to Ease Wage Inequality

The U.S. Supreme Court last week delivered a decision in Janus v AFSCME that is as unjust as it was expected.

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Brain Corp. Makes Strategic Investment into Robotics Company Savioke

Savioke will license BrainOS, the San Diego company's software platform for streamlining development, deployment and management of robots.

Being Public Can Put Cos. in Tough Spotlight

ECONOMY: Troubles Include Activist Investors, Short Sellers

Public companies don’t get to lock the door. At any time, a company can find unwelcome visitors in the form of short sellers betting on a company’s fall or activist investors arriving with plans for how things should be — or more precisely how they need to be.

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