As pot entrepreneurs rush to scoop up real estate in cities with clear regulations allowing dispensaries, they’re running up against rules about how far away they must be from places like day cares and schools. Some are approaching day cares with offers of cash and other deals if they agree to move or shut down.

The Metropolitan Water District of Southern California, a powerful regional agency that provides water to 19 million people, paid nearly $88 million to exit interest-rate swap deals, and still has a $71.5 million liability on the books. Such payouts and the liability that remains show Metropolitan got the raw end of the deals and lost.

A major power struggle is playing out in communities across the San Diego region. Local cities like San Diego, Solana Beach and Carlsbad want to be in charge of buying power for residents. The cities suspect they can provide greener energy at a lower cost than San Diego Gas & Electric, which has held on to its […]

In 2005, SANDAG was looking to maximize the possibilities for Transnet, its newly passed tax measure. So it did what other public agencies were doing: It played around with sophisticated financial arrangements that few understood. Now it has a roughly $100 million liability hanging over its head. Agency leaders say the deal is working as intended.