Thursday, May 17, 2012
Chairman/CEO of one of the nation’s biggest banks is under fire by investors, faces FBI probe.
When a bank is robbed, the FBI swoops in. When a major bank loses $2 billion, other agencies take the lead. But in the case of Jamie Dimon and JPMorgan Chase, the FBI is investigating there as well in the wake of its stunning loss, which has triggered investor lawsuits. Bank regulation remains a contentious issue, but what about criminal liability? Should CEO and Chairman of the Board Dimon be brought up on charges? Should he and other bank executives face jail terms?
Wednesday, May 16, 2012
A group of trustees of his estate made the decision to close the San Diego restaurant Wednesday.
The eatery bearing the name of the late Chargers star Junior Seau ceased operations Wednesday. Seau died two weeks ago from a self-inflicted gunshot wound to the chest in a spare bedroom of his Oceanside beachfront house. He was laid to rest on Friday, hours before a public memorial drew thousands of mourning fans to Qualcomm Stadium. A group of trustees of his estate made the decision to close Seau's The Restaurant, which opened in 1996. "The trustees made their decision to honor Seau's legacy and preserve the memories of the excitement, fun and warmth that were the hallmarks of the restaurant during the famed linebacker's lifetime," said Bette Hoffman, a trustee, former director of the Junior Seau Foundation and ex-vice president of Seau…
And how Microsoft hopes to make it up to you with a $99 deal for a new Xbox.
Imagine going on vacation this fall and you are taking your brand new Windows 8 laptop with you, in part to play movies on the long flight for your 3-year-old. The plane takes off, you slip in your toddler's favorite Disney DVD, and...nothing. Nada. It won't play. That brand new laptop doesn't have the software to play a DVD. What a terrible mistake! What an oversight! How could this have happened on a new machine with the latest version of Windows? On purpose. Microsoft has decided consumers don't need software for watching DVDs Blu-ray discs or broadcast TV in the version of Windows coming this fall, and so without purchasing an add-on pack from Microsoft or a third-party vendor you will not be able to watch a DVD like you can on your …
Saturday, May 12, 2012
La Mesa, Carlsbad, Oceanside and Rancho Bernardo workers among those getting 3% raises.
Kaiser Permanente and a coalition representing 100,000 employees in 28 different unions reached a new three-year contract at 3 a.m. Saturday, the health care organization and the unions announced. The deal calls for 3 percent annual pay hikes for the 76,000 affected employees in California, and 2 percent in states ranging from Hawaii to Maryland, according to announcements made by the SEIU and Kaiser officials. Kaiser operates clinics and hospitals throughout San Diego County, including locations in La Mesa, Carlsbad, Oceanside and Rancho Bernardo. A year ago, a 24-hour work stoppage hit Kaiser sites in San Diego and elsewhere in Southern California. The new contract covers the largest single bloc of Kaiser employees, and covers wages and …
Thursday, May 10, 2012
As the military cuts its ranks, a program in the region is helping veterans find a niche before returning to civilian life.
When Cpl. Adrian Burrell leaves the service this year, he plans to go back home and open “Swagwich”—an organic mobile food truck. “I’ve always wanted to have my own business,” he said. “This is something that’s within reach.” Burrell graduated from Archi’s Acres’, a six-week Veterans Sustainable Agriculture Training program at an Escondido farm, last month. The program teaches active-duty service members and veterans about organic farming and agriculture business. “If I wanted to, I could go out and start my own hydroponic farm,” the Marine said. But instead he plans to open a business that will use as many products from other VSAT graduates as well. As a final exam, participants presented business plans at Marine Corps Air Station Miramar…
Wednesday, May 9, 2012
CEO John Lynch says: “Miles to go before we sleep.” Club member confirms ‘final talks’ remark.
Updated at 5:25 p.m. May 9, 2012 U-T San Diego is in “final talks” to buy The Orange County Register and 24 community newspapers it owns, according to a witness to the announcement and a reported confirmation by the U-T publisher. John Lynch, CEO of U-T San Diego, reportedly told the Downtown San Diego Lions Club on Tuesday that his “multiplatform media” company is near finalizing purchase of the Pulitzer Prize-winning daily based in Santa Ana. Also in the deal would be Coast magazine and associated local newspapers in Orange County. At 1:10 p.m. Lynch told Patch via email: “No confirmation of anything other than we would like to expand and are looking at all other newspapers in Southern California. Miles to go before we sleep.” But a …
Sunday, May 6, 2012
What makes it a Mancake? Bacon, of course.
“Be happy, eat a cupcake.”—Yvette The Cupcake Store is a sweet addition to nearby to Santee. On the way home from work or running errands, swing by “Your One Stop Cupcake Shop” at Carlton Oaks Plaza and pick up some delicious gourmet cupcakes. This shop is family friendly and family run. Anne has been a professional baker for 35 years. Throughout her catering career she specialized in cakes, often for weddings and other events, and in her spare time was an accomplished seamstress. The shop sells many adorable and unique aprons and kids clothes Anne creates herself. Yvette, Anne's daughter, is the face of the operation. She will greet you at the counter with a big smile and help you choose from the many mouthwatering options. She also …
Wednesday, May 2, 2012
Federal report urges fixes, and utility president agrees—but deflects blame for the outage.
A federal report on the September 2011 blackout found “grid operators’ lack of adequate real-time situational awareness of conditions throughout the Western Interconnection.” Two agencies called for “more effective review and use of information.” SDG&E President Mike Niggli on Tuesday said his utility would expedite the recommended fixes in planning and coordination with other utilities but deflected blame—saying his company’s system “operated the way it was designed and should have.” Are you confident a massive outage won’t happen again?
The center of our digital lives soon will no longer be the personal computer, but the personal cloud.
Is it possible for clouds to have a bandwagon? It sure seemed as if there were a lot of them jumping on a bandwagon over the last several days, and Google was driving it. The tech giant finally launched its Google Drive last week, after rumors for several years that it would be getting into the cloud-computing business. That had all kinds of cloud storage and application providers coming out with announcements of their own, not wanting to be lost in the fog. Microsoft even managed to make an announcement a day ahead of Google about "improvements" to its SkyDrive service that actually amounted to a cut in the amount of storage space offered free to new users, from 25 GB down to 7 GB—still more than Google's 5 GB, but a cut nonetheless. To …
Tuesday, May 1, 2012
The County Board of Supervisors approved the Capital Improvement Needs Assessment report.
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Tuesday, May 1
San Diego County has almost a half-billion dollars in unfunded or partially funded capital improvement projects, according to a report approved Tuesday by the Board of Supervisors. The Capital Improvement Needs Assessment through fiscal year 2017 ranked a new $100 million regional communications system as a top priority. Upgrades are scheduled to take place over the next two years. The report also called for a $37 million, 400-bed expansion of the East Mesa Detention Facility to house non-violent inmates as a result of Gov. Jerry Brown's realignment of prisons and jails; $25 million to create sports fields in the Tijuana River Valley; $23.8 million to develop a recreation center in the Otay Valley; $16.5 million to build a 350-seat …
Jason
2:08 pm on Friday, May 18, 2012
Things I Learned: 11:05 a.m. David B Secor: 12:12 p.m more ›