Thursday, July 16, 2026
Daily Business Report

Daily Business Report: July 16, 2026

Leaving California: Tennessee is Romancing Paramount

By Lisa Halverstadt | Voice of San Diego

Tennessee is courting David Ellison’s Paramount, The Hollywood Reporter reported Tuesday.

Amid California’s effort to block Paramount’s $111 billion acquisition of Warner Bros., the state of Tennessee has invited the David Ellison-owned studio to relocate there.

Monday morning, Paramount was reportedly considering moving its headquarters and pulling $30B in annual spending out of California, as the company is under threat of litigation by California Attorney General Rob Bonta over its merger with Warner Brothers.

Read more

Why Seniors Are Staying Homeless Longer than Others

by Mariana Martínez Barba | Voice of San Diego

A new report reveals seniors across San Diego County are staying homeless for longer periods compared to other younger, homeless people.

The Regional Task Force on Homelessness reports that homeless people 55 and up spent about seven months and a half homeless – the longest of any group tracked – in fiscal year 2025. That’s about a month longer on the streets compared to younger adults that same year.

The latest data indicates ongoing challenges for San Diego’s senior population to connect quickly with affordable housing while living on fixed incomes. As we reported earlier this year, some seniors are staying longer at homeless shelters because they have few housing options and work prospects.

Read More

After decades-long wait, city approves $2.2M walkway renovation near Santa Fe Depot

by Sean Monney | Special for Times of San Diego

San Diego City Councilmembers recently approved spending $2.2 million to turn an alley at the end of B Street leading to the Santa Fe Depot into a pedestrian corridor.

The renovation project, which has been delayed for decades, is now a reality, with construction set to begin in September to create more pedestrian-friendly access from Kettner Boulevard to the trolley and train platforms.

Currently, the 100-foot alleyway at the north end of the Santa Fe Depot baggage building that commuters walk through to enter and exit the station allows vehicle traffic, has no sidewalk and is poorly lit.

Read More