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Manchester Sells Majority Stake in Grand Del Mar

TOURISM: The 88% Share Being Bought Is Valued at $230 MillionPrivate equity firm Blum Capital and the parent of Fairmont Hotels & Resorts are acquiring a majority stake in Carmel Valley’s Grand Del Mar resort for a reported $230 million.

By Lou Hirsh April 3, 2015 1:46 p.m.   $$ Share
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Town and Country's $80M Renovation Set to Start in Early 2016

Destination Hotels & Resorts is finalizing plans for a previously announced $80 million renovation of the landmark Town and Country Resort & Convention Center in Mission Valley, now slated to begin in early 2016.

SDG&E Reaches a Renewable Energy Milestone, With an Assist From the Weather

San Diego Gas & Electric marked a milestone last week when it generated a record 1,042 megawatts — more than the Encina power station in Carlsbad — from renewable energy.

Navy, Sempra Sign Landmark Deal for Solar

UTILITY: Deal Is Largest Made With A Federal Entity

The U.S. Navy said that it has inked a landmark agreement with Sempra U.S. Gas & Power that constitutes the largest purchase of renewable energy ever made by a federal entity.

UCSD Takes Top Spot Again in Ranking for Doing Public Good

The University of California, San Diego earned top marks for its contributions to the public good, earning the number one spot on Washington Monthly’s annual rankings list for the sixth straight year.

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Co. Acts as Patients’ Guide for Medical Tourism to Mexico

MEDICAL: Vetting Of Services Provides Key Information, Safety

South Doctors Inc, a downtown startup focused on medical tourism, is vetting the legitimacy of health care treatments sought across the border.

Attorney’s Command in the Courtroom Earns Recognition

Vincent J. Bartolotta Jr., founding partner of Thorsnes Bartolotta McGuire was recently inducted into the International Academy of Trial Lawyers (IATL) at its midyear meeting held last month.

Navy Signs Landmark Agreement With Sempra U.S. Gas & Power

The U.S. Navy said that it has inked a landmark agreement with Sempra U.S. Gas & Power, one that constitutes the largest purchase of renewable energy ever made by a federal entity.

SDG&E Develops Money-Saving Technology for Solar Systems

San Diego Gas & Electric Co. said that it has developed a money-saving alternative for residential customers who want to install solar panels.

3 S.D. Companies, 2 Universities Recognized for Diversity

Three San Diego companies and two universities are some of the most diverse and minority friendly in the country, according to an annual list released this week by Hispanic Network Magazine.

Raytheon Co. to Fund 'Center of Innovation' in Imperial Beach

Raytheon Co. announced plans to fund a “Center of Innovation” at the Boys & Girls Clubs of South County as part of wider effort to support children in military families.

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Cohn Restaurant Group Opens Coasterra at Harbor Island

Cohn Restaurant Group recently opened Coasterra, the San Diego-based company’s new $15 million venue at Harbor Island.

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Petco Files Registration for Proposed IPO

The holding company for San Diego-based Petco Animal Supplies Inc. has filed a registration statement with the U.S. Securities and Exchange Commission, related to a proposed initial public offering of common stock.

UC San Diego Ranked 14th Best University in World

The University of California, San Diego was ranked the 14th best university in the world for the third consecutive year, according to the 2015 Academic Ranking of World Universities (ARWU). The rankings were recently released by the Center for World-Class Universities at Shanghai Jiao Tong University, a public research university located in Shanghai, China.

Events.com, CrowdRise Partner to Create More Integrated Fundraising Platform

San Diego-based Events.com, an event management platform that facilitates the hosting and attending of events, and CrowdRise, an online platform dedicated exclusively to charitable fundraising, recently announced a partnership that will offer an integrated fundraising experience on one platform.

Grocer Haggen Closing Six Stores in San Diego County

Northwest grocery chain Haggen Food & Pharmacy plans to close 27 stores that it recently opened in four states, including six in San Diego County, over the next 60 days.