Brad Graves

Reporter

Email: bradg@sdbj.com
Phone: 858-277-6586 Extension: 3115

Recent Stories

Cubic Collects $22M Transportation Contract

Cubic Corp. said it received a $22 million contract to upgrade the fare collection system of a current client, the Los Angeles County Metropolitan Transportation Authority.

Renovate America Plans Layoffs

Renovate America Inc. of Rancho Bernardo plans to lay off 83 employees by Oct. 30, according to the state Employment Development Department.

Qualcomm Plans to Lay Off 94

In the latest round of job cuts this year, Qualcomm Inc. plans to lay off 94 San Diego employees by Nov. 20.

Coffman Specialties Gets $15.8M Defense Contract

San Diego-based Coffman Specialties Inc. received a $15.8 million task order to repair airfield pavement at March Air Reserve Base in Moreno Valley.

Innovation Title Fights Set For Connect’s Competition

The Connect accelerator program has set Nov. 29 — that’s the Thursday after Thanksgiving — as the date for naming its latest set of Most Innovative New Products.

SDMAC Is Earning Respect as a Role Model

NONPROFIT: Group Seen as Example of Cooperation, Effectiveness

The San Diego Military Advisory Council has become a role model.

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‘Boot Camp’ Gets Small Cos. Competitive For Contracts

Fifteen small defense contractors from San Diego County have been chosen to participate in the Defense Innovation Voucher program, called DIVx for short.

Pioneering Service Provided To Visually Impaired at UCSD

Vision-impaired people working to navigate their way around UC San Diego now have some significant help from Aira, the San Diego startup.

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Reporter's Notebook: NASSCO to Begin Work On Auxiliary Ship Orders

General Dynamics NASSCO was scheduled to begin building a series of U.S. Navy auxiliary vessels Sept. 20 at its Barrio Logan shipyard.

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Sempra, Activists Strike Deal for Board Change, Business Review

Sempra, Activists Strike Deal for Board Change, Business Review

Sempra Energy has signed a deal with activist investors Elliott Management Corp. and Bluescape Energy Partners LLC, agreeing to seat two new board members among other provisions.

Sempra to Sell Solar Assets for $1.54B

Sempra Energy has agreed to sell its U.S. non-utility solar energy generation assets, one wind facility and certain battery storage facilities to Consolidated Edison Inc. for $1.54 billion in cash.

Renovate America Names New CEO

Renovate America has promoted Harold Lewis from chief operating officer to CEO, effective Sept. 1. The privately held company made the announcement on Sept. 19.

AT&T Plans 5G Roll Out for San Diego in 2019

AT&T Inc. has set an early 2019 target to bring 5G mobile wireless communications to San Diego businesses and consumers.

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J.P. Morgan Private Bank Finds Good Expansion Opportunity

FINANCE: San Diego’s Old and New Economies Still Generating Wealth

J.P. Morgan Chase & Co. sees opportunity in the land of surf culture, fish tacos and burgeoning technology businesses.

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Balboa Thrift’s New CEO Is Familiar With The Bank’s Chosen Route: Car Loans

Debbie Escobedo is not your stereotypical bank president.

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Bloomberg: Qualcomm CEO in Line for Raise

Qualcomm Inc.'s board is about to give CEO Steve Mollenkopf a raise because of the way his team has navigated through recent challenges, according to a Sept. 19 report from Bloomberg News.

Reuters: Qualcomm to Add 2 Board Members

Moving on from two thwarted M&A deals, Qualcomm Inc. is preparing to appoint two new directors, Reuters reported on Sept. 18, citing unnamed sources.

Sempra, Activists Strike Deal for Board Change, Business Review

Sempra Energy has signed a deal with activist investors Elliott Management Corp. and Bluescape Energy Partners LLC, agreeing to seat two new board members among other provisions.

Workers Feel Something Is Missing in Paycheck

ECONOMY: S.D. Workers No. 1 Nationally in Pay Dissatisfaction

San Diegans feel the warmth of the sun on their backs, the soothing onshore breezes and a definite lightness to their paychecks.

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Qualcomm Takes on $53B Counterfeiting Problem

Taking a step against counterfeiters and cheats, Qualcomm Inc. has produced software to identify counterfeit, illegal and stolen mobile devices, making it freely available.

Amazon, Walmart Labs Need Local Tech Talent

WORKFORCE: Cos.’ Presence Could Bring Bigger Changes

The scramble for technology talent in San Diego is entering a new stage as two mammoth companies have announced plans to dramatically increase hiring.

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RQ Construction Receives SEAL Campus Work

The U.S. Navy awarded RQ Construction LLC of Carlsbad a $63.6 million firm fixed-price contract to design and build facilities at the Naval Special Warfare Coastal Campus at Coronado.

Qualcomm to Buy Back $16B Worth of Shares

Shares reached a 52-week high as Qualcomm Inc. announced plans to buy back an additional $16 billion in stock.

Fintech Smooths the Way for Both Purchases and Payments

FINANCE: Co. Gets Good Growth in Food And Beverage Space

Payment Logistics is a company that Southern Californians might encounter when they go out to their favorite eateries. Unobtrusive as it is, some 99 percent of diners will have no idea it’s there.

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Defense Column Reporter's Notebook: Tour Is Step Up From Usual Bay Excursion

“You’ll get your cardio in today,” says a hard-hatted Gordon Rutherford.

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Sempra Signs BP to Fuels Storage Deal

Sempra Energy said its IEnova subsidiary signed a long-term contract with British Petroleum to provide storage space at IEnova’s proposed liquid fuels marine terminal in Baja California.

Balmert to Lead SDMAC

The San Diego Military Advisory Council has tapped Mark Balmert to be its new executive director, effective Oct. 1, following the retirement of current Executive Director Randy Bogle.

NASSCO’s New $219M Navy Contract Could Grow

The U.S. Navy has awarded General Dynamics NASSCO a $218.7 million firm fixed-price contract for shipyard work on the USS Bonhomme Richard.

CalPrivate Bank to Open El Segundo Office

San Diego-based CalPrivate Bank has received federal approval to open a location in El Segundo, where it will serve the South Bay region of Los Angeles County.

Martin Named Sempra Chairman

The board of directors at Sempra Energy has named CEO Jeffrey Martin chairman, effective Dec. 1.

New Leader, Bigger Dry Dock Working at Shipyard

A U.S. Navy career gave him a front-row seat to history. Now retired Rear Adm. David M. Thomas Jr. is tending to the fleet.

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California Pacific Airlines Sets Nov. 1 Start Date

California Pacific Airlines announced it will begin scheduled service on out of Carlsbad on Nov. 1, with additional flights starting Nov. 15.

U.S. Government Picks Viasat for In-flight Satellite Services

The Pentagon has awarded Viasat as much as $560 million worth of work over eight years.

Contracting Notes: LRAD to Provide Acoustic Hailing Devices to Army

Defense contracting notes, in no particular order: LRAD Corp. said Aug. 23 that it received an $11 million contract to provide acoustic hailing devices to the U.S. Army.

Sempra Declares Dividends

Sempra Energy’s board of directors declared quarterly dividends for three classes of stock on Sept. 6.

Amazon Aims to Hire Hundreds

Amazon.com Inc. plans to hire 300 high-tech employees in San Diego, more than doubling its technology workforce in the region.

Kratos Receives Navy Radar Contract

Kratos Defense & Security Solutions Inc. said Sept. 4 that it received a U.S. Navy contract that could be worth as much as $67.5 million over five years.

Knowles to Replace Buss as Cubic’s Defense Chief

Cubic Corp. is promoting Michael Knowles to president of its Global Defense business division, as well as corporate senior vice president.

Peer Advising Dispute Leads to Lawsuits

LEGAL: Biz Owner Wins Against Adviser, Now Going After Vistage

Peer advising groups can be a great help to CEOs — mostly.

Viasat Radio Gets NSA Approval

The National Security Agency has approved one of Viasat Inc.’s handheld military radios for use by Five Eyes partners and coalition military forces.

Submaran’s Mission Capabilities Draw Investors

The intrepid oceangoing drone called the submaran has more funding.

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SPAWAR Wants You, Tech Companies

SPAWAR Systems Center Pacific, the U.S. Navy lab on Point Loma, has put out a call for something new. Its uniformed and civilian staff hope to delve further into new technologies such as artificial intelligence, virtual reality and augmented reality.

Navy Chooses Boeing Over GA-ASI, Lockheed

The U.S. Navy awarded a six-year, $805 million initial contract to build its MQ-25 Stingray aircraft to Boeing Co.

Althea Expands Into New Manufacturing Space

Ajinomoto Althea Inc., the biopharmaceutical contract development and manufacturing company, has opened a 57,000-square-foot manufacturing facility in Sorrento Mesa.

Banerjee Named to Cubic Board

Cubic Corp. has named Prithviraj Banerjee to a newly created seat on its board of directors.

USO Opens New Headquarters

USO San Diego opened a new, 3,800-square-foot headquarters at Liberty Station on Aug. 29.

Cubic Transportation Deal Tops $35M

Cubic Corp. said its Transportation Systems business received a contract from an Australian government agency that could be worth in excess of $35 million.

Solar Energy Innovators Sought for Contest

Inventors with an interest in solar energy will vie for $3 million in prize money as the U.S. Department of Energy kicks off its American-Made Solar Prize competition.

CalPrivate Bank Forms Small Business Lending Divisions

CalPrivate Bank has increased its emphasis on Small Business Administration loans, establishing two separate SBA lending channels.

Navy Had Role in Nixing Acquisition of Qualcomm

A U.S. Navy office charged with investigating foreign investment in U.S. companies helped scuttle Broadcom Inc.’s hostile takeover of Qualcomm Inc. in March, a U.S. Navy admiral told a San Diego audience of military and civic leaders on Aug. 22.

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