DINING: Co. to Open Local Plant; Pricing May Be Challenge
It wasn’t until March of this year, after introducing his creation at the Natural Products Expo West, a natural, organic and healthy goods event in Anaheim, that Zhicong “Zack” Kong, CEO and founder of TwentyFifty Fork, a compostable cutlery company, decided to speed up plans to begin mass manufacturing his natural grain-based fork.
Acquired company generates more than $200 million in annual revenue from customers including educational, correctional and healthcare facilities.
RETAIL: He Says He Might Have Platform for $1B Company
You can call bamboo wood or you can call it grass. Cali Bamboo continues to grow like the latter.
The casino resort has a staff of 300 security personnel, but the robots, manufactured by Mountain View-based Knightscope, are an added security measure.
Sempra Energy announced July 10 that it plans public offerings of $1.1 billion of common stock as well as $500 million of mandatory convertible preferred stock.
A Sempra Energy subsidiary received a 20-year contract from a port in Sinaloa, Mexico, to build and operate a fuel terminal.
UTILITY: Financials Are Focus As Activists Demand Change
The board of San Diego-based Sempra Energy is evaluating the company’s future in South America, and will make its plans public as soon as February or March.
Eateries Adopt ‘Superfood’ Products and Labels as More Consumer Preferences Head Toward Healthy
For Everbowl founder, Jeff Fenster, who started the company in 2016 and now has 10 locations in San Diego and Riverside counties, using the word “superfoods” isn’t to get consumers to believe superfoods are new to the market nor that they can cure or keep a person immune from diseases.
FITNESS: From Informal Start, It Moves to Franchising, Studios, and Digital Programs
For Lisa Druxman, chief founding mom of Fit4mom (formerly known as “Stroller Strides”), the San Diego-based company which provides fitness for every stage of motherhood, launching the business 17 years ago came from pure necessity.
While fast-growing companies might be lured by shortcuts, cutting corners can often have devastating effects in a heavily regulated market. Not fully addressing compliance requirements under the Sarbanes-Oxley Act of 2002, commonly known as SOX, is one shortcut that can lead to errors in financial statements and corporate disclosures—devaluing stock price and damaging investor confidence.
New State Plan Changes Formula For Determining Level of Funding for Community Colleges
No longer content to tie support for community colleges primarily to enrollment levels, state officials have approved a new funding formula that will require the schools to demonstrate how well they are performing.
WORKFORCE: New Software, Tutoring Help Keep Students on Track
Although performance-based funding hasn’t come to California’s public universities, California State University San Marcos has begun taking steps to demonstrate how it is helping students succeed.
San Diego-based Green Flash Brewing Co. has opened its first full-scale restaurant in Lincoln, Nebraska, next to the University of Nebraska campus.
Moody’s Investors Service Inc. placed the credit rating of Sempra Energy (NYSE: SRE) on review for a downgrade, citing several concerns about the company's business.
Sempra Energy plans to talk about its future later this week, and in doing so will offer some sort of response to activist investors’ plans to remake the company.