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June 29 - July 5, 2009
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Worst Over, Says Irvine Co. Executive
The Business Journal recently asked Brittain Cheney, vice president for leasing at The Irvine Co., to give us his insights into the local commercial market, and where the industry might be headed in a turbulent economy. |
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Familiar Name Joins Fight Against Cancer
Serial entrepreneur Harry Gruber is at it again, starting yet another tech company, this one aimed at developing treatments for terminally ill cancer patients. |
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Forum Exchanges Ideas Impacting Drug Approvals
Drug regulators expect greater involvement from various stakeholders to make sure their medicines are safe, an FDA executive told a small audience gathered in San Diego to discuss issues affecting the drug industry last week. |
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Updated: 7/2/2009 3:10:07 PM
GA, Navy Decide Ceiling Price for Carrier Catapult
General Atomics and the Navy have agreed on a ceiling price for an advanced aircraft catapult, which the Navy will install on its next-generation aircraft carrier.
Proposed Temecula Valley Bank Deal Crumbles
Temecula Valley Bank said July 1 that a proposed $210 million capital infusion from Bancroft Capital and other institutional investors won’t happen, leaving the troubled bank with less than two weeks to come up with an alternative solution.
UPDATE: Residential Real Estate Data Skewed
An apparent mistake in San Diego home sales figures reported by the nonprofit Sandicor to the California Association of Realtors vastly overestimated the number of sales going back several months.
SEC to Investigate Sequenom
The Securities and Exchange Commission has initiated an investigation into employee data mishandling at Sequenom, according to a June 30 regulatory filing.
San Diego News Network Sets Sights on Riverside
The San Diego News Network, a startup online news service, seems to have found its sea legs after a choppy start.
Bridgepoint Education Inks Lease for Extra Space
Bridgepoint Education, the San Diego online university that went public a few months ago, said July 1 it signed a lease for another 18,000 square feet of space in a building next to its current headquarters office in Sabre Springs.
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Did the Nazis Build a Stealth Aircraft?
Strange, but true story. One of Hitler’s last gasps at victory, a jet-powered “flying wing” decades ahead of its time, lands at the San Diego Air & Space Museum in Balboa Park. |
Qualcomm Raises Guidance
Qualcomm on June 11 increased financial guidance for the quarter ending June 28, citing increased demand for its mobile chipsets, but cautioned that the financial crisis was still hurting the value of its investments. |
Consumer Genome Test Comes With $48,000 Price Tag
In a move toward offering a cheaper view of a person’s entire genetic makeup, Illumina said June 10 it will offer a consumer test for $48,000. |
SDG&E Offers Rebates to Energy Misers
San Diego Gas & Electric said June 9 that it’s providing $40 million in rebates and incentives to area business customers this year for qualifying energy-efficient projects. |
Business Magazine, Community Paper in New Hands
Veteran newspaper executive Bob Page acquired two local monthly publications, the San Diego Metropolitan Magazine and its sister publication, the North Park News, from Gary Shaw on June 1 for an undisclosed price. |
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