The San Diego business community will show its support and gratitude for the military Saturday during the 62nd annual Flag, General and Senior Officers Ball.

The University of California, San Diego’s Economics Roundtable, on “Prospects for the U.S. Economy and Monetary Policy Implications,” is drawing attention this month thanks to scheduled speaker Janet Yellen.

Drivers are getting some slight relief as they fill their tanks for the holiday weekend, as gas prices dropped for the second week in a row, according to the Automobile Club of Southern California's Weekend Gas Watch.

PICO Holdings Inc. announced it has sold its remaining interest in Semitropic Water Banking and Exchange Program for total cash proceeds of $11.7 million, and Qualcomm Inc. announced it will release its third quarter earnings on July 23.

Consumer products maker WD-40 Co. (Nasdaq: WDFC) said Wednesday its third-quarter profit rose nearly 6 percent, helped by strong sales of lubricants and heavy-duty hand cleaners.