Daily business report: June 19, 2026. By Nina Joudeh | NY Times Stress levels beneath Southern California's two most dangerous fault systems have climbed to their highest in at least 1,000 years, prompting fresh concerns that the long-feared "Big One" may be drawing closer. The alarming findings come from a new study from AGU Journal examining the San Andreas and San Jacinto fault systems, in which researchers found that tectonic stress has reached levels not seen in a millennium. Scientists can't predict when a major earthquake will happen; however, the study shows that geological conditions for a potentially catastrophic earthquake are becoming more noticeable. by San Diego County Fair To help San Diegans who want to spend their Juneteenth holiday at the San Diego County Fair, the North County Transit District and San Diego Metropolitan Transit System have partnered to offer a special holiday discount on the 'Fair Tripper' pass to the Fair. The Fair Tripper is already a great deal, combining Fair admission and round-trip transit into one pass. On Wednesdays and Thursdays, the Fair Tripper costs $23 or $20 for youth tickets. And on most Fridays-Sundays, the Fair Tripper costs $28. This combination ticket allows Fair guests to beat traffic and save up to 40%. But on Friday, June 19, San Diegans can buy round-trip transportation on NCTD's COASTER, SPRINTER or BREEZE and/or MTS trolley or bus - plus Fair admission - for only $19 for adults and $17 for youth. That is less than the price of Fair admission alone on Friday. The Fair offers free, round-trip shuttle service to and from Solana Beach Station for those with a Fair Tripper ticket. Tickets can be purchased on June 19 on the Pronto App or at transit vending machines. A full list of Fair value deals can be found at sdfair.com/deals. by Prix Versailles San Diego International Airport's (SAN) new Terminal 1 has been named to the World's Most Beautiful Airports List 2026 by Prix Versailles, the prestigious international award program that recognizes outstanding contemporary architecture and design. Terminal 1 was one of only two U.S. airports and one of seven airports worldwide selected for the 2026 list. "We are incredibly honored that our new Terminal 1 has received this prestigious international Prix Versailles recognition," said Atif Saeed, President and CEO of the San Diego County Regional Airport Authority. "The vision, creativity, and dedication of the New Terminal 1 team resulted in a terminal that reflects the spirit and character of San Diego. Our goal was to deliver an airport experience that authentically represents our region while providing exceptional service to travelers. This global recognition affirms that vision and helps showcase San Diego to the world." Designed by Gensler, Terminal 1 was completed in September 2025 and replaces the original 1960's terminal. It draws its identity from San Diego's landscape of canyons, sea, and sky, expressed through commissioned art installations, angled ceiling forms, mosaic glass details, and an outdoor terrace offering sweeping views across the city. Locally inspired dining and retail shops further enhance the customer experience and reinforce a strong sense of place.

Owner-Operators redefining capital project Excellence honored at 2026 Project Empowerment Awards. San Diego International Airport wins Project of the Year, 10 other winners celebrated by PMWEB at Projections Conference gala in San Diego SAN DIEGO-(BUSINESS WIRE)-PMWEB announced the winners of the 2026 Project Empowerment Awards at its annual awards ceremony held at the Projections Conference on April 30 in San Diego. Eleven organizations were recognized, selected from a field of more than 30 finalists representing some of the most complex capital programs in the world. The 2026 finalists represent a wide breadth of what great capital program management looks like. Share "Every year the bar gets higher, and every year this community clears it. The 2026 finalists represent a wide breadth of what great capital program management looks like. What unites them is discipline, intention, and a commitment to doing this work well. That is worth celebrating." - Chris Wagner, Vice President of Industry Strategy, PMWEB The 2026 Project Empowerment Award Winners The Project Empowerment Awards recognize owner-operators and project enablers whose work is good for the world, good for their customers, and a model for the industry. This year's class spans financial services, infrastructure, public sector, real estate, healthcare, and hospitality. Continuous Improvement: UC Davis Health UC Davis Health claimed the Continuous Improvement award for an organization that treats its capital program platform the same way it treats medicine: with rigor, evidence, and a commitment to always getting better. UC Davis Health's ongoing investment in platform expertise and process improvement has made it a benchmark for healthcare capital program management. Launch of the Year: UMass Chan Medical School UMass Chan Medical School earned Launch of the Year for enabling the university to manage growth and modernize its facilities in service of its patients and research mission by successfully deploying PMWEB across its capital program operations. Excellence on a Global Scale: Goldman Sachs Goldman Sachs was recognized for Excellence on a Global Scale, reflecting a sustained commitment to consistent, enterprise-grade project information management across a complex global portfolio of capital assets. Implementation of the Year: Los Angeles World Airports (LAWA) Los Angeles World Airports received the Implementation of the Year award for supporting major infrastructure projects in preparation for the 2028 Olympic Games, one of the most complex public-sector capital portfolios in the world, by successfully implementing PMWEB workflows and reporting across the plan, build, and operate lifecycle. Intelligent Integrations: City of Austin City of Austin won the Intelligent Integrations award for enabling centralized control across its capital program through PMWEB integrations with existing enterprise systems, including the city's homegrown data protection software. These integrations streamline workflows and improve accountability for the community it serves. New Horizons: AJ Capital AJ Capital received the New Horizons award for achieving tenfold portfolio growth since adopting PMWEB, with the platform serving as the foundation for streamlined cost management and due diligence across new investment acquisitions. Community Development: Art-Invest Art-Invest earned the Community Development recognition for using PMWEB to plan, build, and manage residential and mixed-use communities across Vienna, Dusseldorf, and Berlin, creating exceptional places where people live, work, and belong. Infrastructure Leaders: Orange County Sanitation District Orange County Sanitation District received the Public Sector Leadership award for delivering critical public infrastructure with control and accountability, and for years of active contributions to the capital projects community through their expertise in lifecycle project management and sharing PMWEB best practices. Experience Makers: Universal Destinations and Experiences Universal Destinations and Experiences was recognized as Experience Makers for delivering and expanding world-class guest experiences, with the total program control that entertainment and hospitality at scale demand. Universal's Epic Park in Orlando, Florida, which opened in May 2025, was recognized as a landmark in the company's long history of delivering epic guest experiences. Project Enablers: Parsons Parsons earned the Project Enablers award for enabling real estate development and supporting complex capital programs globally, accelerating value for owner-operators as a trusted Capital Programs Management partner. Project of the Year: San Diego International Airport San Diego International Airport claimed Project of the Year for its Terminal 1 expansion, a $3B+ infrastructure program that will transform one of the nation's busiest regional airports and improve the travel experience for millions of passengers. Raising the Standard for the Industry The Project Empowerment Awards are more than a recognition program. They are a record of what excellent capital program management looks like in practice, across industries, portfolio sizes, and organizational mandates. Every winner and every finalist in this class is proof that the complexity defining this era of capital investment is controllable. The organizations being recognized today show the rest of the industry how. To view finalists and winners, and submit for Project Empowerment Awards 2027, visit http://pmweb.com/awards. Submissions Open for 2027 Submissions for the Project Empowerment Awards 2027 are now open. The ceremony will be held at Projections Miami in spring 2027. About PMWEB PMWEB is the lifecycle project management platform purpose-built for capital program owner-operators. From planning through closeout, PMWEB gives organizations total portfolio visibility and the strategic control they need to deliver complex capital programs on time, on budget, and in scope. Trusted by leading organizations across airports, financial institutions, healthcare, higher education, hospitality, public infrastructure, and real estate, PMWEB serves as the strategic control center for the world's most demanding capital programs. https://pmweb.com Contacts. For Media Inquiries: Camila Cury [email protected] 888 GO PMWEB More News From PMWEB SAN DIEGO-( BUSINESS WIRE )-PMWEB, the lifecycle project management platform purpose-built for capital program owner-operators, hosted its annual Projections Conference in San Diego on April 29-30, 2026. More than 120 attendees gathered under the theme "Control in the Era of Complexity" to share best practices, explore emerging technologies, and deepen the community of professionals responsible for delivering complex capital programs. About the Conference Projections Conference is PMWEB's annua... MIAMI-( BUSINESS WIRE )-PMWeb, LLC ("PMWeb" or the "Company"), a leading global provider of software and solutions for asset owners and project delivery organizations to effectively plan, build, and operate complex construction projects and asset portfolios, today announced a strategic growth investment from Bregal Sagemount ("Sagemount"), a leading growth-focused private capital firm. As part of the transaction, the Company has also announced that Founder and CEO Marc Jaude will be elevated to...