SD BUSINESS JOURNAL DAILY ENEWS

Local Co. Offers Workers’ Compensation for Cannabis Biz

INSURANCE: Industry Has Need for Variety Of Coverage Options

Workers in California’s growing cannabis industry are now more likely to be covered by workers’ compensation insurance in case they are injured on the job, whether they work in a growing operation, a retail marijuana storefront or another position related to the production or distribution of cannabis products.

SeaWorld and Former CEO Agree to Settle SEC Charges

SeaWorld and Former CEO Agree to Settle SEC Charges

SeaWorld Entertainment Inc and its former CEO, James Atchison, have agreed to pay more than $5 million to settle fraud charges for misleading investors about the documentary film “Blackfish,” the Securities and Exchange Commission announced Sept. 18. SeaWorld’s former vice president of communications, Frederick D. Jacobs, has agreed to settle fraud charges for his role as well.

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.

For These Daring Dogs, Surfing Is a Way of Lifesaving

For These Daring Dogs, Surfing Is a Way of Lifesaving

Helen Woodward Animal Center recently held its signature beach event, the 13th Annual Surf Dog Surf-A-Thon.

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Know Right From Wrong in Startup Programs

STARTUP: Cos. Need To Make Sure Culture, Style Are Good Match

Ecosystems of incubator and accelerator programs have sprung up in tech cities around the world in response to demand from entrepreneurs for launching pads for their endeavors.

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Convention Center Expansion Ballot Initiative Resurrected

Full count of petitions shows enough voters signed to qualify for the ballot

Acadia’s Stock Surges on FDA Reaffirming Drug

The U.S. Food and Drug Administration didn’t find new safety concerns after reexamining Acadia Pharmaceutical’s drug to treat hallucinations and delusions caused by Parkinson’s disease.

Alliance Healthcare Foundation Awards $2M to Local Organizations

San Diego-based Alliance Healthcare Foundation established has a new $2 million fund with the San Diego Foundation. That money will be split between the Multicultural Health Foundation and Somali Family Services.

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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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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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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Carlsbad Office Building Sold For $2.8M

Genesis Corporate Center building is part of the Carlsbad Research Center

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World TeamTennis Moves Headquarters to Carlsbad

The headquarters will be run by Chris Renner, who was named the league’s new CEO in July.

SeaWorld and Former CEO to Settle SEC Fraud Charges

They have agreed to pay more than $5 million.

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.

Westcore Properties Buys Moorpark Industrial Building

Purchase included building and vacant land

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Sycuan to Hire More Than 700 Workers

The positions are for the casino's hotel and resort expansion.

Mobile West Growth Shows It Can Hold the Alcohol

BREWING: Canning Co. Adds Sleeves to Its Services

When Matt Woempner wanted a change in career from the high-tech world a few years ago, he didn’t turn to his financial advisor. Instead, he tapped a couple of buddies from his soccer team for guidance.

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