Stories for July 2002

Monday, July 29

American Residential Moves to End REIT Status

American Residential Investment Trust wants to be a mortgage bank and company officials say it can't be one without ending its status as a real estate investment trust.

Corvas Cuts Staff to Extend Burn Rate

Biotech: Layoff of Nearly Half Its Work Force Will Also Extend Cash Reserves

Business Travel Seen as Boosting Local Lodging

San Diego's lodging industry may be resilient, having weathered the difficult economy better than most markets, but business travel is the key to further strengthening it

Portion of Tobacco Settlement Fees Go to S.D. Firms

David Sherman Earns Top Prosecutor Title

Don't Infringe on the Rights of Drug Companies

Opinion by Onkar Ghate, resident fellow at the Ayn Rand Institute.

Marketers Push Who, What, Where of W Hotel

Restaurateur Inks Deal to Open New Eatery in La Jolla

Cymer's Numbers Offer a Positive Note

Maxwell Restructures I-Bus Division With Cuts in U.S. and in Europe

Team Owners and Revenue-Sharing

Editorial by Rick Bell

Greg Dawson Named KNSD News Director

Greg Dawson Named KNSD News Director


Calendar of events; Announcements

Experts, Agencies Spar Over Salton Sea's Fate

Infrastructure: Decision Could Affect Local Water Transfer Plan

Illumina to Develop Gene Mutation Map

Illumina to Develop Gene Mutation Map

Increase Affordable Housing? Make it Doable First

Opinion by Tom Morgan, managing director of Hartingwood Venture Partners.

StoragePoint Gets Next-Gen Internet Apps Contract's Richards Leaves Vivendi Post


Real Estate Sales and Leases

Content, Production Can Spur an Event's Success

SPECIAL REPORT - Special Events

Successful Entertaining Calls for Planning Skills

SPECIAL REPORT - Special Events

Comfort Keepers Helps Ill, Elderly Stay at Home

AMN Healthcare Finds Spot on Russell 1000

Pressure's on Boards to Right Corporate Woes

In the wake of continued corporate meltdowns, investors and regulators are taking a much closer look at the people responsible for a company's oversight: its board of directors.

Local Home Sales, Prices Continue to Rise

Most Expensive House on The Market for $41 Million

Diversity on Display With Awards Ceremony

Publisher's Notebook by Ted Owen

Anadys Raises $38.3M in Venture Funding

Anadys Raises $38.3M in Venture Funding

Retailer Pacific Eyes & T's Files for Chapter 11

VISTA , San Diego County stores should not be greatly affected by the recent Chapter 11 reorganization by Pacific Eyes & T's, Inc.

MBA Program Probe Draws Puzzled Response

Education: Official Wonders if State Regulations Within CSU System Are Arcane

Emissions Bill Signed Into Law, Biodiesel Firm Cheers

Survey Says Women Business Owners Optimistic About Prospects

AMCC Cuts Staffing, Reduces Executives' Salaries

Technology: Chipmaker Suffered $404.9 Million Loss in Its First Quarter

Monday, July 22

Energy Issues Help Coordinate Styles of Summer

Power: Businesses Take Unique Approaches to Controlling Energy Use

Lusardi Construction, Austin Veum Among Local Firms Honored With "Golden Nugget" Awards

Lusardi Construction, Austin Veum Among Local Firms Honored With 'Golden Nugget' Awards


Real Estate Sales and Leases

Unemployment in June Jumps to 4.1 Percent

Unemployment in June Jumps to 4.1 Percent

Nassco Gets Navy Contract for Third Cargo/Ammo Ship

A Navy decision to build the third in a new class of cargo ships means a $290 million contract for San Diego's National Steel and Shipbuilding Co.

For the Record

List of business events and announcements

Firms' Financial Health Often Goes Beyond Statements


Red Cross CEO Named

New Interim CEO Named for Local Red Cross Has San Diego Roots, Specializes in Transitions

Expert: Throw Out Your Business Plan and Succeed

State Program Helps Small Firms Conduct Business on the Internet

Task Force Set to Analyze Football Stadium Issue

Padres Have a (Ticket) Plan For Longtime Fans

Porteous, Strum Get Permanent Nods at Port

Porteous, Strum Get Permanent Nods at Port

County, CSC Settle Dispute Over IT Contract

Technology: Payment Is Released in 7-Year Contract

SkyDesk, Previo Meet Similar Fates

Once High-Flying Tech Firms Sold Off as Fortune Fades

Sempra Denies It "Laundered" Megawatts

Sempra Energy Trading attacked a recently published report that the company confessed to "megawatt laundering" during last year's energy crisis.

Here's a Surprise: Development Taxing Transportation

Transportation: Analyst Notes Public Transit Remains Inconvenient

More Paid Family Leave Is Worse Than It Sounds

OPINION by Martyn Hopper, California state director of the National Federation of Independent Businesses.

Should California Send More Money to Texas?

OPINION by Mike Jackman, executive director of the California ISP Association.

VitroRobertson Only Local Firm to Win an Effie

Lewis PR Lands $200,000 Deal With N. California Computer Hardware Maker

Remember Investment Basics When Trading Online

Investors Urged to Set Realistic Goals

Credit Union Membership Expands to All San Diegans


New CFO Named at San Diego Biotech

Epicyte Pharmaceutical Inc., a San Diego biotech that hopes to develop antibodies using plants, said it hired Christiane Sheid as its new CFO.

O.C. Developer Enters S.D. Commercial Market

Six-Year Moratorium Lifted For Development of Land in The County's Backcountry

Business Credit: How to Get It, Build and Keep It


Editor's Notebook: The Grass May Actually Be Greener

Editor's Notebook by Rick Bell

DoD Program Provides the Grease of High-Tech Innovation

The engine of high-tech innovation needs grease and oil. Small amounts of the lubricants, applied through a government grant program, keeps the machinery in motion at some San Diego companies.

Standing in Teddy Roosevelt's Shadow

Commentary by Martin Hill

Entrepreneurs Often Neglect Financial Planning


Strike Threat Looms for Port Workers

Some local businesses are beginning to think of alternative plans in the event that workers at West Coast ports go on strike.

A Library Of Linux, Courtesy of

Also: Skip Speaks Is Named CEO of Kyocera Wireless

Local Women Make Financial Adviser List

Local Women Make Financial Adviser List

Sycuan Names New General Manager

Sycuan Names New General Manager

Venture Capital Often Goes Beyond Mere Money


Nevada's Water Woes Affect California

Nevada's Water Woes Affect California

Despite Drought, Local Water Supply OK & #711; for Now

Current drought conditions will not affect San Diego homes and businesses this summer, as the region expects to have its regular water supply.

Jury Awards Illumina Co-Founder $7.2 Million

Illumina Inc. said it will appeal a San Diego Superior Court jury's decision to award the firm's co-founder and former chief scientific officer $7.2 million for wrongful termination, retaliation and discrimination.

Biotech Inks Deal for Heartburn Products

GeneFormatics to Collaborate With English Specialty Pharmaceutical Firm To Develop Tailored Drugs

Monday, July 15

Land-Use Bill Stirs Housing Confrontation

Law Would Set Planning Guidelines For Entire State; One state senator feels a land-use bill winding through the Legislature spells "disaster for housing in California."

Firms Urged To Vie for DoD Info Warfare Grants

SAIC Gets Apple Job; Dot Hill Contracts for Hardware Manufacturing

For the Record

Schedule of business events; announcements.

Hot Deals

Real Estate Sales and Leases

Developer, REIT Join Forces on Shopping Center

Construction: Financing Snag Resolved as Project In Vista Gets Ready to Go; VISTA , Newport Beach-based Civic Partners has entered into a partnership with a real estate investment trust to get financing to begin construction on its shopping center in Vist

A Fresh Look for SeaWorld

Commentary by Rick Bell

South County Region Offers Plenty of Room to Grow

SPECIAL REPORT - Economic Development

Survey Reveals Little Growth for Women Attorneys

Firm Offers Fee-Based Litigation to Collection Agencies Nationwide

Letter to the Editor

Letter to the Editor

Airport Survey Gives Lindbergh High Marks

Airport Survey Gives Lindbergh High Marks

Council Approves SeaWorld's Expansion Plans

With approval from the San Diego City Council last week, the next milestones in SeaWorld San Diego's multimillion-dollar expansion are expected this fall.

Window Open For North County Development

SPECIAL REPORT - Economic Development

Video Game Maker Leases Space in Carlsbad

Video Game Maker Leases Space in Carlsbad

IRS Remains Mum on Raid at Metabolife Facilities

An apparent taxation dispute between Metabolife International and the Internal Revenue Service led to the seizure of dozens of boxes of documents last week both at the diet supplement maker's headquarters office in Kearny Mesa and a nearby warehouse.

Apartment Owners Benefit From Climbing Home Prices

Condo in La Jolla Gets an $18M Settlement From Developer, Builders

Energy Firms Dispute Recent ISO Actions

State Board Rescinds Payments, Levies Fines

City Slowly Eradicating Brownfield Contamination

SPECIAL REPORT - Economic Development

Coaster Should Keep Running Through Summer

Transportation: Commuter Rail Line Could Fall Victim To Amtrak's Budget Woes; Amtrak's funding troubles will not affect San Diego's commuter rail service , at least, not until the summer ends.

NIH Halts Nationwide Study of Hormonal Drugs

Blue Shield Expands Coverage to Cross-Border Dependents

Numbers Put Positive Spin On County Fair

With an extra day this year, the San Diego County Fair's overall attendance surpassed last year's numbers but fell short of expectations.

U.S. Patent Covers Epicyte's Plant-Based Technology

Biotech: Plant-Derived Antibodies Would Bring Down Manufacturing Costs

Packard Management Group Inks Hotel Deal

La Costa Secures Bid For 2003 Acura Classic

Here's a Pledge to Enforce Our Motto

Publisher's Notebook by Ted Owen

Cyberbucks: Scantron Fills in a Blank with EdVision

Peregrine Systems' Largest Shareholder Buys Up Shares, Seeks Board Seat

Net Exchange Keeps Shipping Efficient

Software: Program Finds Most Cost-Effective Means of Transportation

Privatizing Social Security Risks Secure Retirement

OPINION by Rep. Bob Filner and Rep. Robert Matsui

Hartford Financial Services Group Moves to Santee Corporate Center

The Hartford Financial Services Group said it recently signed a lease for a 77,000-square-foot building that will eventually hold about 600 employees in the Santee Corporate Center.

Kearny Mesa Complex Sold for $16 Million

San Diego-based Equus Realty Advisors Inc. has sold a 106,000-square-foot, three-building complex in Kearny Mesa for more than $16 million.

Events Aimed at Women Small Business Owners

SCORE Offers Help on Business Plans and Web Business Development

Monday, July 8

Navy, EDS Say WorldCom Woes Won't Hurt Intranet

HIGH TECH by Brad Graves

SAIC Cashes in on Good Market

CYBERBUCKS by Mike Allen

San Diego Needs SDG & E;'s Valley Rainbow Project

Opinion by Supervisor Pam Slater, representative of the county's 3rd District

High Local Housing Costs? Take a Look at Why

Opinion by Michael Connolly, owner of Falcon Framing

Biotech Analyst McCamant Publishes Book for Investors

BIOTECH by Marion Webb

The High Cost of Not Knowing Your Customer

SPECIAL REPORT: Marketing & Promotions

Annual Border Trade Show Deemed a Success

International Business by Mandy Jackson

State Sues To Void Sempra Contract

After months of threats, state officials filed a lawsuit to void a $7 billion long-term power pact with Sempra Energy Resources.

Taxable Property in the County Climbs By $19 Billion in 2001

The total assessed value of all taxable property in the county increased by 8.7 percent, or $19 billion, during 2000 to 2001.

Baker & McKenzie Is Listed Among Top Firms

'Separation Analysis' Program Helps Clients See Impacts of Divorce Before They File

USD's Hayes Announces Retirement Plans

USD's Hayes Announces Retirement Plans

Asian-American Firms Giving State a Boost

California is growing rapidly as one of the largest economies in the world, and Asian-owned businesses are part of that success story.

JPA Forms to Redevelop Site for City Heights School

San Diego Real Estate by BY MANDY JACKSON

On-Air Insights Benefit Experts as Well as Viewers

Westerfield Trial Puts Several Local Attorneys in the Spotlight

Peregrine Asks SEC for Filing Extension


KPBS-TV's Local News Show Fills Daily Slot

MEDIA & MARKETING by Tanya Rodrigues

SBA Extends Deadline for 9/11 Disaster Loans

Borders Books Opens Newest Store Downtown

SDG & E; Rate Hike to Aid Security Measures

SDG & E; Rate Hike to Aid Security Measures

Chuckling Over Bad News & #711; Or Not

Editor's Notebook by Martin Hill

Higher Claims Cause Economic Index to Drop Again

Higher Claims Cause Economic Index to Drop Again


Real Estate Sales and Leases

Consulting Firm Sees Good Chances in Tight Insurance Market

Craig Cornell said he wants to be more involved in finding appropriate policies and negotiating insurance premiums for his clients.

Snail Mail Bogs Down Again

Editorial by Rick Bell

Controversy Over Martha Stewart Could Hit Home

Law: Attorneys Reiterate Need for Strict Employer Policies to Defend Against Insider Trading Scandal

State Requiring Clinics to Report New HIV Cases

Health Care: Switch Will Ensure Better Tracking of The Spread of the Disease

Monday, July 1

Federal Funds for Local Port Security a Disappointment

The San Diego Unified Port District will receive $2.2 million in federal money , far less than hoped for , to beef up security.

Local Firm Unveils New Cystic Fibrosis Testing

Biotech: Analyst Notes Complex Test Speaks for Firm's Platform Technology

Escondido Firm Part of Trade Mission to Italy and Spain

Escondido Firm Part of Trade Mission to Italy and Spain

Del Gets Expansion OK

Phase I of $120M Project Several Years Away; Now that the Coronado City Council has approved the Hotel del Coronado's $120 million expansion plans, the next step is still a sturdier economy away.


Real Estate Sales and Leases

Tech Talk: Switches Strategies

Software: PCs Preloaded With LindowsOS, But Won't Run Windows Apps

PROFILE: Searching for Answers

Idun's CEO Steven Mento Focuses On Programmed Cell Death To Develop Therapies for Cancer, Heart and Liver Disease

Public Transit Voucher to Help Job Seekers Get to Qualcomm Job Fair

Public Transit Voucher to Help Job Seekers Get to Qualcomm Job Fair

Hybrid Electric Cars Spark Interest With Improved Gas Mileage


Snagg Snags Crooks With Miniature ID Devices

Technology: Radio Markers Show True Ownership of Stolen Musical Instruments

New Bank Expands Before Its First Loan Is Made

North Island Financial Becomes First Local Credit Union to Make SBA 504 Loans

Ground Broken on National City Chamber Building

Labor Department Opens Office to Aid Small Biz

Simulating Fun Stuff and Not So Fun Stuff

Photon Research Gets Missile Contract; Sony Trolls for Virtual Gamers

Colliers, CB Richard Ellis Handle Arden's Leasing

Barney & Barney, Roel Celebrate Year of Construction Without Injuries at Downtown Project

GM Buys Daewoo, Backs Models

San Diego County's three Daewoo auto dealers will be liquidating their assets this month as the parent company goes out of business.

CYBERBUCKS: Ventureplex Starts Breaking New Ground

Local HP Office Unsure of Cuts as Firm Suspends IT Contract Workers

Center's Mission to Highlight Benefits of Alternative Fuels

Construction began June 24 on a project designed to educate people about the benefits of alternative fuel vehicles.

Wildfires Cast Pall Over Energy Outlook

About 460,000 customers in Southern California recently lost power for nearly two hours after a car fire sparked a 6,700-acre brush fire in the Cajon Pass that burned out of control.

Faith-Based Initiatives: Good for the Soul and the County

OPINION by Bill Horn, 5th District on the County Board of Supervisors

The Heat Is On: "Summerizing" Your Vehicle


Unemployed Inundate Local Tech Mixers

A regular networking event run by a high-tech trade association has become so packed with laid-off workers seeking new jobs that the organization decided to set up a series of separate events excluding the unemployed and sales people.

Peregrine's New CEO Mum on Firm's Hot Topics

Software: Troubled Firm Faces Nasdaq Delisting


Calendar of events

Class-Action Reform Sought to Curb "Litigation Tax"

Morrison & Foerster Is Recognized for Volunteer Legal Services to Poor

Visitor Industry Seeks Remedies for Employment Issues

Expanded Venue Hopes to Snag Super Bowl Events

Ten "Cannots" Make for Cleaner Campaign


Nurses OK Three-Year Contract With UC Health System

Alvarado Hosts Health Seminar for Women HEALTH CARE by Marion Webb

SeaWorld Labor Demand Dropped

Clear sailing appears to be on the horizon for SeaWorld San Diego's multimillion-dollar expansion , which goes before the San Diego City Council for final approval July 9

Environmentally-Friendly Car Powered By Zinc Fuel Cells

A Carlsbad-based company recently announced it has completed a road test of a car that runs on environmentally-friendly zinc.

Children's Hospital Gets Energy-Independent

Children's Hospital Gets Energy-Independent

Keeping the Spirit of July 4 Alive

Commentary by Martin Hill

Firm Pumps Up The Benefits Of Biodiesel

American Bio-Fuels President Bill Wason worked in community development , until the Exxon Valdez spill in 1989. Since then, Wason has focused on environmental consulting and alternative fuels that replace crude oil.