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City Council passed new deal with SDG&E in 6-3 vote earlier this week

Print The ill-fated decision to sign a lease-to-own deal for the former Sempra Energy headquarters at 101 Ash St. continues to cost the city of San Diego big chunks of public funding. At the recommendation of Mayor Todd Gloria, the San Diego City Council voted Tuesday to pay more than $1.8 million to settle legal claims filed by two companies hired to help renovate the vacant 19-story high rise. The decision came on a 6-3 vote, with Councilmembers Sean Elo-Rivera, Vivian Moreno and Monica Montgomery Steppe opposed. “The public deserves a city government they can trust,” Elo-Rivera said ju...

ebevins@newsandsentinel.com Clockwise from left, Parkersburg Utility Board Comptroller Erin Hall, Manager Eric Bennett, Chairman Tom Joyce, Vice Chairman Gregory Herrick and members Paul Hoblitzell and Mike Evans attend Tuesday’s meeting at the utility’s office. (Photo by Evan Bevins) PARKERSBURG — The Parkersburg Utility Board voted Tuesday to refinance bonds to save an estimated $300,000 over the next five years. Originally issued for $35 million in 2005 to fund upgrades to the wastewater treatment plant, the bonds were refinanced in 2015 to lower the interest rate from 4.23 percent t...

Wells fargo has been banned for life for the banking industry john stump must also pay over $17 million as part of a settlement ove millions of fake accounts opened in customer's names to meet sales quotas. two other former executives were also fined. five more are being sued for over $37 million. a new warning about a growing text message scam victims have received a text appearing to come from fedex with a link that takes them to a site that asks for personal information. fedex says it does not send out unsolicited text messages or e-mails. and if you have ge one, don't open it, delete it....

One of the biggest scandals in bank history, involving those fake accounts atwells fargo. it has shaken that bank to its core. a new investigation reveals a report atwells fargo all the way back in 2004 foretold this scandal. that report warned that wells fargo employees had an incentive to cheat based on the fear of losing their jobs. it said that workers felt they couldn't meet the bank's unrealistic sales goals without gaming the system. it was sent to chief auditor, hr and others but fell on deaf ears. 110-page investigation just released now by wells fargo's independent board of directors...