Get ready for your week with the week's top business stories from San Diego and California, in your inbox Monday mornings.
Monday, Apr 30 Qualcomm surprised investors on Wednesday by lowering its patent licensing revenue forecast, in part because of changes in its licensing framework that ease licensing terms. | | Home prices increased 6.8% in a year, which experts attribute to a lack of homes for sale and a strong economy. The previous home peak was $545,000 in June. | | | Amid a rapidly changing energy landscape in the U.S. and in foreign markets, Sempra Energy gets a new boss. | | | The Army's new command will focus on technologies that will shape future battlefields. San Diego is among 15 cities nationwide in the running to land command, which is expected to employ around 500 military and civilian personnel. | | | The Hake, an oceanfront restaurant that opened in La Jolla in 2013, has closed following an ambitious remodel that didn't generate the high level of sales that had been expected. | | | The 7th Avenue Pub inside the Whole Foods in Hillcrest has closed after five years, replaced by a Amazon Prime delivery operation for Whole Foods groceries. | | | A bill authored by Sen. Bill Dodd has received strong opposition from consumer groups. Some of the state's investor-owned utilities have expressed doubts as well. | | | Legoland's newest hotel, themed to mimic a medieval castle filled with Lego knights, wizards and princesses, is an example of the growing popularity of theme park-connected hotels. | | |
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