Money Matters - Simplified

investment break

Port of San Diego in economic storm

San Diego -- Industry observers said a new $28 million passenger terminal at the Port of San Diego would have to ride through tough times before the investment breaks even.

Concurrent with completion of the building with the jagged roof line that has received a local "Onion award" from the San Diego Architectural Foundation -- basically, a thumbs down -- the cruise line business is expected to draw half as many passengers in 2011 as it did in 2010 due to the economic downturn and violence in Mexico, The San Diego Union Tribune reported Saturday.