Stories for April 2004
Monday, April 26
S.D. Continues to Reign as A Desirable Destination
Tourism: Sale of 28 Properties Puts County Second Behind Los Angeles
Adding momentum to negotiations with the San Diego Chargers, the city offered a proposed amendment to the football team's lease agreement for Qualcomm Stadium.
Trade: 10 Years Later, NAFTA Still a Hot Topic
O'Connor Construction Management Inc., headquartered in Mission Valley, has won contracts for $65.2 million worth of projects on the San Diego State University campus.
Flag Crafters Inc., a flag, banner, and signage manufacturer, began as a contract manufacturing company in 1981 that produced stuffed toys and similar products for schools and universities.
City officials confirmed they have paid millions more than expected to build state Route 56 because right-of-way acquisition proved more costly
Irvine-based chipmaker Broadcom Corp. said last week it plans to buy San Diego communications software maker Widcomm for $49 million, mostly in stock.
While it's still rather vague how much businesses will actually save following sweeping workers' compensation legislation signed into law by Gov. Arnold Schwarzenegger this month, employers are eager to know how it will help their bottom line.
The Business Journal asks: What do you think of the workers' comp agreement hammered out by Gov. Schwarzenegger and the state Legislature?
The San Diego Redevelopment Agency granted $3.3 million in funding for the redevelopment of the North Park Theater, the future home of the Lyric Opera San Diego.
Lindows, Inc., the University City-based developer and distributor of Linux software for personal computers, filed last week for an initial public stock offering.
Incentive Travel Used To Build Teamwork, Positive Business Culture
Stiff competition for convention business may significantly cut into the number of hotel rooms the San Diego Convention Center Corp. will book over the next several years.
Monday, April 19
Engineering Cos. Are Tapping Into 'Hot' R.E. Market
Despite the fact voters shot down a March ballot measure to increase the tax people pay to stay in area hotels, three San Diego City Council members have proposed resurrect it for the November election.
Biotech: VC Firm Funding Imagine Pharmaceuticals, But Key Drug Is Years Off
Buffeted by legal challenges in the United States and abroad, Lindows, Inc. changed the name of its flagship software to Linspire last week.
Transportation: Imbalance Between Jobs and Homes Part of 21-Point Study
The Sacramento Showdown is fast approaching. That's the annual exercise in June when the governor and legislative leaders in the Senate and Assembly get together to hammer out a state budget.
Central Benefits Mutual Insurance Co., acquired The Plan Handlers Inc. of Escondido. PLUS: Two San Diego Insurance Brokers Shake Hands, Merge Companies
In a variation on the man-bites-dog story, the city of San Diego prevailed in a lease dispute with SeaWorld San Diego on the Mission Bay land it occupies.
Gov. Arnold Schwarzenegger gave the Legislature an April 16 deadline to come up with a bill for him to sign or lose control of the issue to a November ballot measure.
The latest attempt by California trial lawyers and automotive dealers to hammer out proposed legislation to fix the state's consumer protection law broke down last week.
Defense: New Facilities Bring Together Workers From Across the City
Desire for Proximity Has Kept Southern California VCs Closer to Home
Monday, April 12
The number of small- and medium-sized businesses for sale across the state jumped by 22 percent over the same time last year, according to the California Business Brokers Association.
Lawmakers failed last week to reach consensus on a reform package for the ailing workers' compensation system.
Directors of Diagnostic Products Includes Nobel Laureate James Watson
Natural Products Are More Popular, But Be Warned 'There Is No Magic Pill'
The market for new biotechnology shares has seen several disappointing debuts and delays, but experts predict that biotechs with the right ingredients will continue to make their public debuts.
Local Contractors to Help By Using Electric-Powered System to Launch Aircraft
Monday, April 5
When Jobs Get Outsourced, It's Big Multinational Firms Who Benefit Most
Cruise Ships, Passengers Pump Almost $250M Into Economy
Question: We donated money both directly to last Fall's wildfire victims and to area charities. What kind of charitable donations are tax deductible?
Tribe to Build Under New Compact That Returns 5% of Revenues
According to TEC International, an organization for executives based in Carmel Valley, more than 30 percent of California business execs surveyed plan to outsource business offshore within the next 12 months.
The developers of the Marriott Renaissance Hotel in Downtown San Diego have made several offers to buy the last 5,000 square feet of land that they need for their 12-story, 334-room Gaslamp Quarter hotel.
Politics: If City Council, Voters Approve, It Would Go Into Effect in 2006
Charles Black, executive vice president at JMI Realty, considers himself a relative newcomer to Downtown San Diego's ballpark district, having worked on redevelopment of the East Village for only five years.
Q & A - Carl DeMaio is the founder and president of the San Diego-based Performance Institute, a national think tank that helps government come up with management practices that focus on performance, transparency, accountability and competition.