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Keynote Address Will Bring Fresh Perspective to Startup Week

Arlan Hamilton, founder of venture firm Backstage Capital, will talk in a fireside-chat style event with San Diego entrepreneur Liane Thompson the evening of June 26 at Civic Center Plaza.

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Kratos Autonomous Vehicle Earns Its Stripes

Kratos Defense & Security Solutions Inc. announced June 21 that its unmanned vehicle technology received government approval to drive on the public highways.

Three Board Members Named to La Jolla Institute for Allergy and Immunology

La Jolla Institute for Allergy and Immunology has elected three new board members:

Commission Scuttles SDG&E Natural Gas Pipeline Plan

The California Public Utilities Commission on June 21 turned down a proposal from San Diego Gas & Electric Co. to build a $639 million natural gas pipeline from Rainbow Station to Miramar, saying there is no need.

Home Bay Technologies Expands to Arizona, Virginia

Real estate platform facilitates residential transactions.

Heron Therapeutics’ Stock Surges on Clinical Data

A Heron Therapeutics postoperative pain anesthetic hit clinical trial targets in two additional areas, sending the company’s stock soaring.

CPUC Gives OK for SDG&E’s 5 New Energy Storage Facilities

ENERGY: Utility Enlists Five Businesses to Build Lithium-Ion Battery Sites

San Diego Gas & Electric Co. has enlisted the help of five businesses to develop more energy storage within its service territory.

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Early-Stage Booster Comes to Town To ‘Create, Incubate and Accelerate’

A San Francisco-based seed-stage investment firm and a venture capital fund — separate businesses that work closely together — are becoming increasingly active in the Southern California startup scene.

Activist Investors Seeking Major Changes at Sempra

ENERGY: They See Co. As Unfocused Conglomerate Of Disparate Businesses

Sempra Energy has the potential to grow to at least $139 per share, activist investors said recently as they introduced a proposal to remake the company’s board and streamline its business model by jettisoning certain assets.

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Crinetics Pharmaceuticals Hires Chief Medical Officer

San Diego-based Crinetics Pharmaceuticals, focused on endocrine-related cancers and endocrine disorders, appointed Alan Krasner as chief medical officer.

Metawave Expects to Find Needed Workforce in SoCal

TECH: Radar Allows for Autonomous Cars to Identify Objects, Beings

A company combining a Silicon Valley pedigree with a Southern California wireless specialty has opened an office in Carlsbad.

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Co. Finds Food Biz, Expansion, and Real Estate Opportunities

FOOD: Tax Credits Help Ajinomoto Set Up Shop in Otay

When Ajinomoto Foods North America Inc., stumbled upon the chance opportunity to set up shop in Otay Mesa, after Tyson Foods decided to sell its San Diego-based Circle Foods plant, those in charge knew they had to jump on the opportunity.

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Bankers Hill Apartment Complex Sold For $14.5M

Apartments will be converted to condominiums

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Sharp Mary Birch Awarded $2.9M for 'Umbilical Cord Milking' Study

Sharp Mary Birch Hospital for Women & Newborns was awarded a $2.9 million grant to lead a multi-hospital, international study on a technique to increase the flow of blood from the umbilical cord into the infant’s circulatory system.

Teradata Sues SAP

Teradata filed a lawsuit in U.S. District Court against German software maker SAP, alleging that SAP took trade secrets from Teradata, infringed its copyrights and violated antitrust laws.

Cubic Transportation Gets $276M Contract

Cubic Corp. said on June 20 that its transportation business received a $276 million contract from Queensland, Australia.

Open Office Is Working for Brokerage … and Its Customers

When brokers at Colliers International in North County talk to clients about opening up their office space, they have a new place to take them for inspiration — the brokers’ own office.

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SD 500 UPDATE: Awards Season Puts Spotlight on CEOs

Several CEOs pulled double duty recently in attending the SDBJ’s Most Admired CEO event at the Hyatt Regency La Jolla at Aventine and the EY Entrepreneur of the Year festivities at the Fairmont Grand Del Mar.

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Rising Interest Rates Have Yet to Rattle Market

REAL ESTATE: Demand Insulates Some S.D. Sectors; Small Projects More at Risk

Rising interest rates have yet to have much of an effect on commercial real estate transactions in San Diego County.

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COMMENTARY: Housing Prices Could Destroy Thriving Economy

The San Diego region is not keeping up with our needed housing supply, which is starting to erode our thriving innovation economy.

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