SD FINANCE

Sempra Does Its Homework for Oncor Deal

It Studied Failure of Past Efforts To Purchase Oncor

Cox Business Announces Pitch Contest, Get Started San Diego

A new pitch competition for startups is coming to San Diego, where entrepreneurs and small business owners can compete to win $20,000 in cash and $5,000 in technology services.

Student Takes a Bow for Entry in NASSCO’s Naming Contest

As part of its Maritime Month celebration, General Dynamics NASSCO invited local K-8 students residing or attending school in the Greater Logan Heights community to name the company’s newest tugboat.

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Sidecar Fund Could Boost, Or Eclipse, Quick Pitch Winner

Startups who applied to San Diego’s biggest pitch competition may get more than they bargained for, as the event’s cash prize could be tripled for one of the finalists. But there are some caveats attached to the new cash.

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Business Finds Financial Boost in Regulation Crowdfunding

FINANCE: Mechanism Allows Investment By Unaccredited Investors

The founders of Solana Beach-based athletic wear retailer Graced By Grit weren’t having any luck convincing investors to back their company.

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Suja Life Has What Venture Capitalists Like

San Diego-based Suja Life LLC, which makes organic, cold-pressed juices and other beverages, is the second most well-funded venture capital backed food and beverage startup.

Nisen to Retire From CEO Post at Sanford Burnham Prebys Medical Discovery Institute

Perry Nisen, the top executive at one of San Diego’s most well-known research institutes, is retiring at the end of September.

San Diego Firm Gets $17.8M in Refinancing for Property Near Seattle

San Diego-based Nexus Properties Inc. has obtained $17.8 million in refinancing for a life science building that it owns in suburban Seattle, according to Holliday Fenoglio Fowler LP (HFF), which arranged the financing.

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Cerritos-Based Bank to Open Carlsbad Branch

Cerritos-based First Choice Bank plans to open a new branch in Carlsbad on Oct. 20, its first in San Diego County.

FinCEN to Continue to Monitor S.D. Residential Real Estate Purchases for Possible Money Laundering Activity

Federal regulators remain concerned about money laundering activity in the San Diego real estate market.

Mission Valley Joe’s Crab Shack Among 40 Nationwide Closings

Joe’s Crab Shack recently closed its restaurant in Mission Valley, among at least 40 abrupt closings carried out nationwide since early August by the struggling chain amid bankruptcy proceedings.

Sempra Energy to Acquire Texas Energy Giant Oncor in $9.45 Billion Deal

San Diego-based Sempra Energy reached a deal to buy control of Oncor Electric, operator of the largest electric transmission and distribution system in Texas.

Tech Coast Angels S.D. Names Rosenberg Its Incoming President for 2018

Tech entrepreneur Dean Rosenberg, a behind-the-scenes regular in the startup crowd, is stepping into the top leadership role at Tech Coast Angels.

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PayLease's Loss of an Executive May Be Gain for Tech Startups

Sheldon Lewis, vice president of business development for PayLease, is leaving the company to pursue investing in technology startups on a full-time basis.

County Unemployment Rate Ticks Up in July

San Diego County’s unemployment rate in July was 4.7 percent, up from 4.3 percent the prior month, though lower than the year-ago rate of 5.1 percent.