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Economy

San Diego City Council Takes Up Hotel Tax Hike Revisions

San Diego City Council Takes Up Hotel Tax Hike Revisions

May 22
By Maureen Cavanaugh, Michael Lipkin

The San Diego City Council on Monday will consider Mayor Kevin Faulconer's plan to finance a San Diego Convention Center expansion through hotel tax increases and whether that plan should be placed on this November's ballot.

San Diego's Unemployment Rate Drops To 3.8 Percent

San Diego's Unemployment Rate Drops To 3.8 Percent

May 19
By City News Service

The rate, which fell from 4.2 percent in March, is the lowest since December 2006, according to EDD data. San Diego's unemployment rate was 4.6 percent in April last year.

San Diego Council Members Want More Budget Revisions

San Diego Council Members Want More Budget Revisions

May 19
By City News Service

Mayor Kevin Faulconer made progress in revising his $3.6 billion budget plan for San Diego's fiscal year that starts July 1, but the proposal still needs improvement, some City Council members said on Thursday.

San Diego Biotech Job Boom Expected To Slow

San Diego Biotech Job Boom Expected To Slow

May 18
By Maureen Cavanaugh, Michael Lipkin

While San Diego biotech jobs grew 19.6 percent between 2011 and 2016, California's biotech trade group expects that to increase only another 2.7 percent by 2021.

How Modern Philanthropists Are Changing Public Policy

How Modern Philanthropists Are Changing Public Policy

May 17
By Maureen Cavanaugh, Michael Lipkin

San Diego is filled with institutions that exist in large part because rich people decided to donate to them. Think Copley Symphony Hall, the Jacobs School of Engineering at UC San Diego or the Prebys Cardiovascular Institute at Scripps Health.

Apple, Qualcomm Spat intensifies, Manufacturers Drawn In

Apple, Qualcomm Spat intensifies, Manufacturers Drawn In

May 17
By Associated Press

Manufacturers that build Apple's iPhone and iPad are being drawn in to an escalating dispute between the tech giant and the chipmaker Qualcomm.

Tijuana Retail Reaping Profits That Once Flowed To San Diego

Tijuana Retail Reaping Profits That Once Flowed To San Diego

May 17
By Jean Guerrero

President Trump's stance on immigration has awakened a sense of Mexican patriotism that is keeping cross-border shoppers in Tijuana.

SDSU Drops Out Of Talks To Be Part Of Soccer City Development

SDSU Drops Out Of Talks To Be Part Of Soccer City Development

May 16
By City News Service

San Diego State University announced Tuesday that it has ended negotiations with the group behind the Soccer City development proposed for Mission Valley, and called on the city of San Diego to issue a request for other proposals for use of the Qualcomm Stadium property.

Mayor Faulconer's Revised Budget Includes More Funding For Police R...

Mayor Faulconer's Revised Budget Includes More Funding For Police Retention, Arts Spending

May 16
By City News Service

Mayor Kevin Faulconer is scheduled Tuesday to unveil revisions to his $3.6 billion San Diego city budget, which has been criticized for not doing enough to slow police officer attrition and for cutting support for arts programs.

San Diego City Council Unanimously Votes To Form Homeless Committee

San Diego City Council Unanimously Votes To Form Homeless Committee

May 16
By City News Service

The City Council voted unanimously Tuesday to form a special committee to address homelessness issues in San Diego.

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