CALIFORNIA | LOCAL
May 17, 1989 | ANTHONY PERRY
Listen to Shirley MacLaine, who knows a great deal about these things, talk about Adele Tinning: "Then I remembered that I had visited a spiritual medium who contacted disembodied spiritual guides through a table that tipped and leaned and moved. . . . She lives in San Diego, is about 79 years old, is as kindly as anyone I've ever known, and quite simply has incredible mediumistic talent." MacLaine is apparently among thousands of people in the past 40 years who have gone to Tinning's bungalow in North Park to sit at her kitchen table and ask her help in contacting the dead.
BUSINESS
May 30, 1989
John A. Doede has increased his stake in San Diego-based Crown Bancorp from 10.48% to 12.24%, or 79,727 common shares. Doede, who was given approval by the Federal Reserve Bank of San Francisco to acquire control of Crown, purchased 24,500 shares between May 16 and May 23 for from $4 to $4.75 each, or a total of $116,000, according to a filing with the Securities and Exchange Commission.
NEWS
May 26, 1989
The Navy is investigating the brief grounding of a nuclear-powered attack submarine that apparently hit a reef off the coast of San Diego, officials said. No one was hurt in the incident, which occurred shortly after 3 p.m. Tuesday while the submarine, the San Diego-based Gurnard, was carrying out routine operations, according to Lt. Sonja Hedley, a Navy spokeswoman. The submarine apparently was undamaged, but was being closely inspected in port, Hedley said. She termed the incident "minor" and said it was "more of a bumping than a grounding."
BUSINESS
January 5, 2008 | From Times Wire Services
Sprint Nextel Corp., under pressure from investors to abandon plans for a high-speed wireless network, will pay the executive in charge of the project as much as $500,000 if he stays through the end of the year. Chief Technology Officer Barry West will get a prorated payment if he resigns or is fired, Sprint said in a regulatory filing. West had a similar agreement in 2007, said James Fisher, spokesman for the Reston, Va., firm. Investors such as Ralph Whitworth of San Diego-based Relational Investors are urging Sprint to focus on improving its mobile-phone operations instead of building the new service, which would blanket entire cities with fast Internet access.
BUSINESS
June 13, 1989 | GREG JOHNSON, Times Staff Writer
Five former and current M/A-COM Government Systems managers have signed a letter of intent to acquire the San Diego-based division from its corporate parent for about $70 million, the companies said Monday. The resulting company, which would have about $48 million in annual sales and 675 employees in San Diego, would be renamed Linkabit. The division manufactures digital communications systems for satellite communications. The division did not fit in with Boston-based M/A-COM's plan to "focus its resources and efforts" on manufacturing components and subsystems for missiles, electronic warfare and radar systems, according to a company spokesman.
BUSINESS
June 1, 1989 | CHRIS KRAUL, San Diego County Business Editor
Syntro Corp., a troubled San Diego-based biotechnology company that has lost more than $16 million since its founding in 1981, is moving its headquarters to Kansas City effective immediately and scaling back its San Diego operations, moves that resulted in layoffs of 15 employees Wednesday, the company said. Syntro also announced the resignations of president Cam Garner and chief financial officer Jack Fitzpatrick. Garner was replaced Wednesday by J. Donald Todd and Fitzpatrick by Janice E. Katterhenry.