Daily Business Report: August 25, 2026
Padres owners Jose E. Feliciano and Kwanza Jones want the team to win
By Barry M. Bloom | Special to Times of San Diego
“We are here and we are absolutely committed to the Padres,” she said. “We are absolutely committed to this organization. We are overjoyed, and we understand, if you heard it in the video, we’re gonna win, we’re gonna win, we’re gonna win it all. I hope it’s sooner rather than later.”
They’ve taken over from the Seidler family at the right time. The Padres swept the Twins this weekend at home in a three-game series.
“Which means we’re undefeated,” Feliciano said.
S&P Global Ratings Upgrades San Diego County Regional Airport Authority’s CFC Revenue Bonds to ‘A’
By SAN
S&P Global Ratings has upgraded its credit rating on the San Diego County Regional Airport Authority’s revenue bonds linked to San Diego International Airport’s (SAN) Rental Car Center.
The rating for the Customer Facility Charge (CFC) revenue bonds has been upgraded to ‘A’ from ‘A-’, with a stable outlook.
According to S&P, the upgrade reflects stabilized rental car activity, among other factors, supporting healthy financial margins. Rental car transactions grew from just over 5 million to 5.4 million between fiscal years 2023 and 2025.
During the same period, the total number of annual passengers increased from 24 million to 25.3 million.
“This ratings upgrade reflects the airport’s strong role in driving the regional economy,” said Atif Saeed, the Authority’s President & CEO. “We are pleased that S&P Global Ratings has recognized the strength of our Rental Car Center operations and our proactive financial planning.”
The Authority’s Board took action in December 2025 to raise the CFC paid by rental car customers from $9 per day to $12. CFC revenues are used specifically to service debt for the Rental Car Center, fund the purchase and operating costs of shuttle buses, cover associated lease costs for shuttle parking lots, and support major building maintenance.
S&P also pointed to the broad and diverse service area economy (3.3 million people) as a credit strength, with favorable income levels and economic activity as measured by GDP per capita, a robust population base, and ample employment opportunities.
For more information about the San Diego International Airport, please click here.
Join SDCCU and Donate Blood on September 1
by SDCCU
San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is hosting a blood drive on Tuesday, September 1, 2026, at eight locations: seven in San Diego County and one in Riverside County. Currently, there is an extremely low inventory of blood and it’s especially important to donate before the Labor Day holiday, when travel and outdoor activities increase the demand for emergency trauma care. Hospital shelves have a constant need, potentially affecting thousands of patients and the community is encouraged to help. Every pint of blood has the potential to save up to three lives.
Register today as the San Diego Blood Bank will be at the following SDCCU locations on Tuesday, September 1, 2026, from 10 a.m. to 3 p.m.:
San Diego County:
Encinitas – 501 N. El Camino Real, Encinitas, CA 92024
Kearny Mesa – 5500 Overland Avenue, #190, San Diego, CA 92123
Pacific Beach – 1664 Garnet Avenue, San Diego, CA 92109
Rancho Bernardo – 11965 Bernardo Plaza Drive, Suite 169, San Diego, CA 92128
Santee – 286 Town Center Parkway, Santee, CA 92071
SDCCU Operations Center – 6545 Sequence Drive, San Diego, CA 92121
Vista – 1475 W. Vista Way, Vista, CA 92083
Riverside County:
Murrieta – 25165 Madison Avenue, Murrieta, CA 92562
