Get ready for your week with the week's top business stories from San Diego and California, in your inbox Monday mornings.
Monday, Jan 29 It will take a San Diegan with a bachelor's degree and no debt about 12.4 years to save for a down payment for a condo ($377,100 in the study). | | The European Commission says Qualcomm blocked competition by making payments to Apple in exchange for exclusively supplying iPhones and iPads from 2011 to 2016. Qualcomm plans to appeal the ruling. | | | A recession could be triggered by a 'black swan' event like a stock market correction, says CBRE brokerage research director Spencer Levy. He also says San Diego would rank higher in places to invest if its biotech and cybertech businesses were taken into account. | | | With Alaska Airlines aggressively growing its presence in San Diego, Southwest Airlines is launching an ad campaign to remind locals that it has the most nonstop flights. | | | A plan to redevelop 200 acres in Mission Valley goes to City Hall next month. The proposal would replace Riverwalk golf course with 4,300 housing units and a 70-acre park, plus office buildings along Interstate 8. What's new: Maybe creating a business district to address homeless along the river. | | | Fifty-seven turbines lining the landscape of the McCain Valley are expected to produce enough electricity to power about 40,000 homes for one year. | | | Power companies are getting a big break on their taxes. How much will be passed on to ratepayers is still up in the air. | | | San Diego saw the number of hotel rooms under construction double last year as the hospitality industry up and down continues to perform well. | | |
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