Daily Business Report-Oct. 10. 2017
Sports Business Initiative members. (Courtesy of SDSU)
SDSU Sports Business Initiative
Teaches Students About Careers in Sports
The San Diego State University Sports Business Initiative (SBI) is a student organization that teaches students about careers in the sports industry.
Through the organization, students are able to network with industry professionals, visit sports companies and venues, and learn about internship and job opportunities.
Paul Jensen, president of SBI, said joining SBI has allowed him to develop into a leader on campus and gain experience working in the sports industry.
“I was very shy and reserved my whole life growing up, but finding an organization that aligned with my passion and career goals helped me break out of that shell and take on leadership roles on campus,” Jensen said. “It has truly been an amazing experience getting to work baseball games, concerts, the 2016 MLB All-Star Game and Home Run Derby, Comic-Con, and so many of the other great events put on at Petco Park.”
“SBI is open to all majors. We have members majoring in business, psychology, journalism, communication, political science and kinesiology. The only requirement is wanting to pursue a career in the sports industry,” said Jensen.
SBI meetings are at 7 p.m. every Thursday in the Pride Suite of the Conrad Prebys Aztec Student Union. There is a basic membership fee, which costs $30 each semester, includes an SBI t-shirt, pad-folio and priority registration for our site visits. The premium membership, which is a yearly fee of $50, includes the basic membership and exclusive access to networking events and notification of volunteer, internship and job opportunities with local sports teams and sports-related companies.
Home Sales in San Diego County
Continue to Trend Lower in September
Sales of previously owned homes in San Diego County continued to pare down in September, according to housing statistics compiled from the Multiple Listing Service by the Greater San Diego Association of Realtors.
Single-family home sales dropped 20 percent in September, compared to August, and were nearly 13 percent lower than the same month last year. Condominiums and townhomes similarly saw an 18 percent decrease last month, and are down about 17 percent from September of last year. So far in 2017, resale homes are off by 2.4 percent compared to the same nine months of 2016.
Median prices, however, have continued to exhibit strength throughout the year. September single-family home sale prices were unchanged from August, at just over $610,000, while condos and townhomes (attached) properties increased nearly 4 percent from the previous month, standing at $414,000. Collectively, prices are up about 10 percent from last year. In September, single-family homes were seeing offers accepted in an average of only 30 days, while attached properties were flying off the market in an average of 24 days.
“Home prices have reached unaffordable levels for many who may want to enter the housing pool,” said SDAR President Bob Kevane. “Coupled with that, established owners who want to stay in San Diego see little benefit if they were to consider moving. There’s no simple fix, but I’m advocating for a revamp of Prop. 13 to help more properties change hands.”
In September, the zip codes in San Diego County with the most single-family home sales were:
92057 (Oceanside North) with 55
92028 (Fallbrook) with 51
92027 (Escondido East) with 45
92078 (San Marcos South) and 92127 (Rancho Bernardo West) with 45
92128 (Rancho Bernardo East) with 44
The most expensive residential property sold in San Diego County last month was a remodeled beach cottage on the bluffs in Del Mar – 2,300 square feet, 2 bedrooms, 3 baths – built in 1948, with a sale price of $10 million.
SDAR’s housing statistics are compiled monthly from the Multiple Listing Service (MLS).
Click here for a detailed look at the numbers.
Cubic NextBus Passenger Transit
Information Begins Market Rollout
Cubic Corporation announced its Cublic Transportation Systems business division is releasing the Cubic NextBus next-generation platform to selected clients. This new platform from NextBus, a leader in real-time passenger information (RTPI) systems, is designed for multimodal transit agencies, authorities and operators. It introduces a new Transit Management as a Service model utilizing latest technologies including public cloud architecture and machine learning capabilities for further enhanced proactive transit fleet operations and mobile user experience.
King Saud University Partners with
Northrop Grumman on Cyber Security
King Saud University and Northrop Grumman Corporation are joining hands for CyberArabia to foster innovation in cyber security among Saudi university students.
The third annual cyber security workshop and competition, CyberArabia, to be held Oct. 11-12, is part of the company’s global commitment to cyber education and workforce development, and will include a cyber defense competition that recognizes winners on both the men’s and women’s campuses across Saudi universities.
Walid Abukhaled, chief executive, Northrop Grumman Middle East, said, “We are delighted to partner with King Saud University for the third consecutive year to host the CyberArabia competition. Each year we witness outstanding and talented students, men and women alike, from across the Kingdom come together to put their skills to the test. While the competition is fun, the importance of building cyber skills is quite serious and important to the Kingdom.”
General Atomics Awarded Delivery
Order to Support Aircraft Launch System
General Atomics Electromagnetic Systems has been awarded a delivery order for the first set of on board spare parts to support to the Electromagnetic Aircraft Launch System (EMALS) and Advanced Arresting Gear (AAG) system on the USS Gerald R. Ford. This delivery order also provides spares to support the AAG land-based site at Joint Base McGuire-Dix-Lakehurst, N.J..
General Atomics personnel will provide technical support on board the ship during at-sea. Hands-on crew training is also being offered at the General Atomics ship-set control lab in San Diego, and at the land-based test sites at Joint Base McGuire-Dix-Lakehurst.
Grossmont Healthcare District
Awards $202,500 to High School Disrict
The Grossmont Healthcare District has awarded a $202,500 grant to the Grossmont Union High School District in support of the GHD Health Career Pathways Initiative. The grant will provide curriculum materials, support and instruction for approximately 2,500 high school students interested in pursuing health care careers during the 2017-2018 school year.
GHD officials said the goals of the Health Career Pathway Initiative are to better prepare students interested in health and medical post-secondary programs, increase awareness of healthcare career opportunities, and provide real-world relevant experiences in healthcare.