Daily Business Report: April 21 2026
La Jolla Concours d’Elegance celebrates 20 years of automotive history
by Debbie L. Sklar | Times of San Diego
A hand-built Bugatti. A pre-war Rolls-Royce with sweeping, sculpted lines. A Delahaye. A Mercedes-Benz from the 1920s and 1930s, restored to exacting standards — like a touch of old Hollywood grandeur in Sunset Boulevard, with Gloria Swanson being driven in a stately Isotta Fraschini.
And just steps away, a modern hypercar worth several million dollars, shaped more like a spacecraft than a traditional automobile.
For one weekend each year, Scripps Park becomes something closer to a living archive than a car show. The La Jolla Concours d’Elegance returns for its 20th year this April 24, bringing together a century of automotive history — from early European craftsmanship to contemporary engineering — set against the Pacific.
San Diego-based USS Spruance ‘blows hole’ in Iranian ship, Marines board
By Chris Jennewein | Times of San Diego
President Trump announced Sunday that a San Diego-Based warship fired on an Iranian cargo vessel that refused to honor the U.S. blockade.
In a post on Truth Social, Trump said the USS Spruance, a guided-missile destroyer, intercepted the Iranian-flagged container ship Touska in the Gulf of Oman and warned it to stop.
“The Iranian crew refused to listen, so our Navy ship stopped them right in their tracks by blowing a hole in the engine room,” Trump wrote in the social media post. “Right now, U.S. Marines have custody of the vessel.”
Library Foundation SD Alarmed by Proposed Budget Cuts for San Diego Public Library System
By Library Foundation SD
This week, San Diego Mayor Todd Gloria released his proposed City budget for Fiscal Year 2027 which will cut $6.3 million from the San Diego Public Library department resulting in fewer operating hours, programs, and services at all 37 Library locations.
“The Mayor’s draft budget devalues the priorities that San Diegans have long held important to their communities,” said Patrick Stewart, CEO of Library Foundation SD. “When public libraries are prioritized in communities, research shows that there are wide ranging benefits from reduced crime, improved educational outcomes, and increased employment rates. This means that cuts to the San Diego Public Library are cuts to public safety, cuts to economic development, and cuts to youth success.”
The FY2027 budget cuts will also impact the Library’s maintenance budget, limiting its ability to address more than $60 million in deferred maintenance needs.
