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February 8-14, 2010
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CONNECT Goes to Washington
Most high-tech entrepreneurs and innovators don’t have time to put on a tie and sit through a three-hour meeting about policy issues in Washington, D.C. They are too busy creating the next generation of digital mobile applications and lifesaving health care products, and creating jobs for the new innovation economy. There has not been a strong voice or presence in the nation’s capital to represent these innovators, who neither have the money nor bandwidth to lobby or educate representatives on their needs and interests — until now. |
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S.D. Companies Race to Build Gene Machines
Technology contenders in the race to decode a person’s entire genetic makeup for less than $1,000 have been making gains in recent months, signaling that the finish line isn’t far ahead. |
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Conference Focuses on Methods to Combat Cyber Attacks
The creative and destructive power of the Internet emerged as a major topic of the West 2010 military conference, sharing the stage with more time-honored topics such as ships and naval strategy. |
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Scripps Health Issues $220M in Revenue Bonds
Scripps Health, currently in the middle of a building spree intended to bring its aging health care facilities up to date while accommodating future population demands, sought help financing its projects through the public markets last week. |
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Updated: 2/8/2010 4:02:26 PM
PatientSafe Closes $30M Funding Round
San Diego-based PatientSafe Solutions Inc. said Feb. 8 it has closed a $30 million round of financing it will use to advance its platform technology for eliminating hospital-based medical errors.
Airport Traffic News Is as Close as Your Browser
Flying out of Lindbergh Field will get more complicated beginning in March, as construction on the Terminal 2 expansion project gets going.
Security Business Bancorp Takes a Loss for Quarter
Security Business Bancorp, parent of Security Business Bank of San Diego, reported a fourth quarter net loss of $215,000, and a full year net profit of $118,000 in a Feb. 8 press statement.
Event Explores the Power of Wind Energy
Experts in the fast-evolving field of wind power will speak Feb. 10 during the CleanTECH San Diego Showcase.
BofI Reports Record Net Profit
BofI Holding Inc., parent of Bank of Internet USA, reported record net profits for its second quarter ended Dec. 31 of $5.5 million, compared to net income of $2.7 million for the like quarter of 2008, the company said Feb. 4.
Optimer Pharmaceuticals Product Shows Promise Against Competitor
San Diego biotech Optimer Pharmaceuticals said Feb. 4 that its experimental drug for treating the antibiotic-resistant “superbug” Clostridium difficile outperformed the only FDA-approved treatment in keeping the illness from recurring in a late-stage study.
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Billionaire’s Next Investment Strategy: Scouting Apartments
Chicago-based billionaire and real estate investor Sam Zell, who got out of the business at the height of the market back in mid-2007, was in town Jan. 29 to offer insights about commercial real estate and the economy. Zell sold off his huge stake in Equity Group Investments for $39 billion just before a tidal wave of residential defaults overtook the world economy. |
Bay Front Land Swap Crosses First Hurdle
A land exchange between the Port of San Diego and developer Pacifica Holdings was approved by the Board of Port Commissioners Feb. 2, opening the way for the construction of a hotel and 1,500 condominiums. |
Scripps Health Takes Cancer Fight to the Courts
Scripps Health said Feb. 2 it has entered into a sponsorship agreement with the San Diego State University men’s and women’s basketball programs. |
Air Canada to Expand Service From Lindbergh
Starting in June, local passengers can fly nonstop to Toronto from Lindbergh Field via Air Canada, according to a Feb. 2 announcement from the San Diego County Regional Airport Authority, the agency that operates the airport. |
Leap Wireless Considering a Merger, Reports Say
Leap Wireless International Inc., the San Diego parent of flat rate cell phone carrier Cricket Communications Inc., may merge with longtime competitor MetroPCS Communications Inc., according to several reports, including one from The New York Times on Feb. 1. |
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