Stories for November 2004

Monday, November 29

Jack's Stockholders Have Another Reason for Thanks

Jack in the Box may not have been the restaurant du jour for those who dined out on Thanksgiving. But its stockholders are giving thanks.

Acquisition Provides Green for Blue Hornet

As a growing, profitable firm with a successful product in the hot space of e-commerce, Blue Hornet Networks Inc., got a whole lot of attention from both venture capital investors and larger software firms eager to acquire it. In the end, chief executiv

Executive Profile

For 16 years, Joe Greenblatt has been with Sunrise Management, rising up from property manager to his current position as president and principal of the company. As the boss, Greenblatt is responsible for the 36-year-old company and its direction.

'Tis the Season for The Annual Holiday Bash

Libations, licentiousness and liability should be the watchwords of San Diego employers as they plan their holiday parties. Otherwise, they could get stuck holding the bag , and not the kind that comes with goodies.

Proxy

Websense, Inc. provides employee Internet management products that enable organizations to analyze, report and manage how their employees use computing resources, including Internet access, instant messaging, peer-to-peer file sharing, network bandwidth a

There's Little Impact From Satellite Radio , So Far

While satellite radio may be gaining in popularity, the reality is that it's not stealing any market share, according to local radio executives. Officials at Clear Channel Radio San Diego, which has 11 stations, said concern over satellite radio is no

Ex-FDA Exec Offers 4 Rules to Deal With Agency

It's no secret that biotechnology companies and the Food and Drug Administration don't always see eye to eye in the drug development process. At the most recent breakfast meeting of Biocom, San Diego's biotech industry association group, Peter Pitts,

Sounds of Silence End for House of Blues Project

One of Downtown San Diego's newest entertainment venues , an on-again, off-again project for the past few years , appears to be preparing for a spring 2005 opening. According to Jeff Zinner, a redevelopment project manager at the Centre City Development

San Diego People

Key Hires and Promotions

Boating Bonanza

More mega-yachts are coming to San Diego , the 100-plus-footers that take on several thousand gallons of fuel at a sitting with galleys stocked with cases of champagne and caviar by crews who go to the airport to pick up the owners flying in on private je

Holiday Concerts a Benefit to All

While concerts have often been a source of revenue for radio stations, the holiday season has become a time for many local stations to do away with the bottom line in favor of benefit shows to support charities. Five concerts this year, sponsored by loc

Drivers Too Comfy to Fight Traffic

The more I read the history of our forebears who scratched a living from barren ground, fought marauders and wild animals , and each other , the more I wonder what happened to their ilk. If our ancestors had to sit in the kind of traffic jams that some

Sandag Good at Mimicking Others

The San Diego Association of Governments has an obsession with committees that rarely have any expertise on the subject at hand. The latest effort is to create a "stakeholder" committee. The goal is a stakeholder working group numbering

U.S. Media Doing Asia A Disservice

Asia is rising rapidly as a geopolitical force in the world, but you almost wouldn't know it from the U.S. media. With the notable exception of the elite news media here, especially on America's West Coast, Asia might as well be on Mars. From a marketi

Tips for Determining the True Value of a Business

Answer:

Ten Years and Plenty of TIPS From UCSD

UC San Diego, by its own recent count, has spawned 220 companies. The figure includes companies created by UCSD alumni, faculty and staff. More than 70 start-up businesses have used UCSD technology as a foundation. The university put out those figures i

New Postal Annex Boss Sends a Message

With Thanksgiving dinner eaten and shoppers arriving en masse at malls around the nation, San Diego-based Postal Annex is ready for the busiest packing and shipping season of the year. The company's new president, Patrick Edd, said shipping a package is

'Fresh Start' Puts Leap Back in Black

Thanks to a technique called "fresh start accounting," adopted following Chapter 11 bankruptcy reorganization, Leap Wireless International Corp. converted its shareholders' equity of minus $893 million at the end of 2003 to plus $1.5 billion at the end of

Sophisticated Gadgetry Not Just for the Mega-Yachts

Back in 1946 when Driscoll Inc. opened its first boat repair service in Point Loma, navigational devices consisted of compasses and sextons. At that time, the family-owned business leased 18,000 square feet of land and 39,000 square feet of dock space t

Woman Glad She Didn't Keep Lid on Snappy Idea

Like many moms, Kate Adams, inventor of the snap-saver, the no-brainer container, was searching through her cupboards looking for the lids to all her many plastic containers. Sitting on the floor of her kitchen, the Clairemont resident came up with the

Santee Developer Looking Ahead to February Vote

Carlsbad-based Barratt American Inc. is moving forward with plans to develop Fanita Ranch in Santee as if there were no special election planned in February to determine the fate of the 2,600-acre property. "Everything we do now is at our risk and our c

The Bucks Stop Doing Business Here

On the surface it was a sale. But the event at Buck Knives' El Cajon factory earlier this month had the feeling of a farewell. Hundreds of San Diegans got a last look at the manufacturing plant during a factory clearance Nov. 19 and 20, as the company p

Weekend Chore a Bright And Booming Business

The owner and operator of a local jet-ski rental business, Kevin Boyd's business was based on the summer and spring seasons. Looking for something to do in the off-season, Boyd decided to start a service-oriented business and came up with the idea of ha

Small Business Spotlight

While many companies' decorative interior is limited to bland plants and paintings, the Starmack Group, based in La Mesa, is a little off the beaten path. The 2,000-square-foot building comes complete with an island theme lounge as the company's brains

Mail Boxes Etc. Targets 5,000 Stores By 2007

The UPS Store has already reached its 2005 goal of opening 500 new U.S. stores. According to Stuart Mathis, the president of San Diego-based Mail Boxes Etc. Inc., the franchiser for UPS and Mail Boxes Etc. stores, the chain is on track to open 525 new U

Once-Troubled Bank Seeing Resurgence in Business

In a dramatic departure from its tumultuous past, things are looking up at San Diego Community Bank in Chula Vista. For those not aware, the bank's former name, First International Bank, may trigger visions of inadequate capital, regulatory orders and n

Law Salary Survey Shows It Pays to Specialize

San Diego , a hub of the biosciences and intellectual property issues , has provided fertile ground for lawyers with special know-how, particularly those highly prized scientists with law degrees. Looks like the county is on the cutting edge of a growi

Week in Review

Top Business News: Nov. 19-25

Monday, November 22

American Do-Gooders At It Again

I probably contribute more money every year to America's slew of non-governmental organizations and human-rights groups than most people on my block. Many NGOs do heroic work and raise vital international issues that might otherwise get lost in the shuffl

Downtown Population Might Triple By 2030

If the Centre City Development Corp.'s latest plan for Downtown San Diego is fulfilled, its residential population will triple from current levels and the number of people working Downtown will nearly double. The agency released its final draft of the com

San Diego Still Attracting Institutional Investors

There were signs during the fourth annual Commercial Real Estate Trends Conference hosted by the Burnham-Moores Center for Real Estate at the University of San Diego that the local market is starting to overheat. The good news is that San Diego continues

Proposed Village Creates Chances for Profit Sharing

Residents living within the planned San Ysidro pilot village are getting an opportunity to become profit-sharing developers of their own land, slated for an ambitious $134 million mixed-use development in the core business district of Mi Pueblo. "We are t

Three San Diegans Are Named to Stem Cell Panel

Dr. Edward Holmes, UC San Diego's vice chancellor for health sciences, became the third San Diegan to be appointed to the 29-member governing board to decide how to spend $3 billion on human embryonic stem cell research.

S.D. Firm Purchases Science Center for Some $30M

Rancho Bernardo-based BioMed Realty Trust, Inc., which buys, leases and develops laboratory and office space for life science companies, recently bought the San Diego Science Center in Mission Bay for about $29.8 million in cash from a San Diego rival, Ph

Two Investment Banks Ink Deal for SAIC's Telcordia

Science Applications International Corp., the $6 billion, locally based research and engineering firm, announced the sale of its Telcordia Technologies subsidiary for $1.35 billion in cash to two private investment banks.

Judge Has to Break Out Calculator for New Role

Justice Joan K. Irion, who serves on the 4th District Court of Appeal, Division One, might have a solid background in high finance. But ask her about her role as the newly appointed finance chairwoman of the National Association of Women Judges, and it's

Sprinter Opponents Rail Against Rising Costs

Cost estimates for the Sprinter, the 22-mile east-west rail line connecting Escondido and Oceanside, are up a sign that has some project advocates questioning that the proposed North County rail may be too expensive. With a budget of $375.5 million, the

Executive Profile: Rafael Pastor

He's been an attorney, an executive with several major media corporations, and a partner in an investment banking firm. In March, Rafael Pastor's career took yet another interesting turn when he was named to head up TEC International, a for-profit organiz

To Become an Owner or Not? That Is the Question

Prospective business owners relish the thoughts of a more independent lifestyle and better control over their career and earning potential, but haven't really thought through the effort and planning it will ultimately take to turn their dreams into realit

Poway Advertising Agency Getting More Creative

L7 Creative Communications has created a new division. The L7interactive division will join L7Advertising, L7Recruitment and L7Entertainment as an independent function of the 3-year-old agency.

SBC Looks to Change California's Communications

San Antonio-based SBC said it will offer voice-over-Internet telephone service to residential neighborhoods in San Diego and to other places in its service territory, beginning in early 2005. It has also inked a $400 million, 10-year agreement with Micros

Navy Work Motivates GA To Build Mississippi Plant

San Diego-based General Atomics has begun work on a 32,500-square-foot factory in Tupelo, Miss., where the company plans to build high-power electric systems for Navy ships. Specifically, the northern Mississippi facility will build the electromagnetic ca

Small Business Spotlight: Collins Family Jewelers

Members of the Collins family believe in treating their customers the way they would want to be treated. Collins Family Jewelers, owned and operated by siblings Bill and Sharon Collins, has a philosophy that has led the company to continually increase its

Major Drug Makers Invest in Promising Startups

With the creation of the San Diego-based Amgen Ventures capital fund, biotechnology powerhouse Amgen Inc. recently jumped on the bandwagon of other drug makers hoping to supplement their pipeline of drugs by investing in startups with promising ideas. On

Renovations Finished at S.D.-Area Pep Boys Stores

Manny, Moe and Jack have a new look in San Diego County. Pep Boys, a Philadelphia-based automotive retailer, recently completed renovations at its stores in the San Diego area. The region is one of the first markets in the country to open renovated shops.

Hope for the Holidays

To entice shoppers to spend money in their stores as they run from work to holiday parties to the mall, retailers will have to make holiday shopping as convenient as possible this year. While the 2004 holiday shopping season officially beginning Nov. 26

Time to Offer Some Thanks

As the old saying goes, for every cloud there's a silver lining. So before I plop a third helping of yams on my plate, here are some thoughts of thanks for being in San Diego.

Port District Is Finding Ways to Keep Goods Coming In

Ed Plant, the owner of Harborside Refrigerated Service, declined to cite a revenue figure for bringing 25,000 tons of cantaloupes to Harborside's 300,000-square-foot dockside, cold-storage warehouse at the Tenth Avenue Marine Terminal between December and

Venture Funding Recharges Firm's Batteries

Founded in 2000, PowerGenix has designed a smaller, more powerful, and lighter nickel zinc battery that company representative Joe Yeagley said generates more power in a shorter amount of time. The rechargeable batteries are well-suited to the growing mar

Region's New-Homes Market May Have Peaked

While 2004 has been a record-breaking year for new-home sales in San Diego County, the market seems to be cooling. However, since the fourth quarter is usually the slowest period for housing sales each year, it remains to be seen how much of the slowdown

Farming: The Industry That Gets No Respect

Farming in San Diego County might be the Rodney Dangerfield of local industries, but it continues to thrive , logging more than $1.3 billion in agricultural value in 2003, with an economic impact of more than $4.7 billion.

San Diego People

Nolte recently appointed Bill Miller vice president for the Southern California region. Miller currently serves as the managing director of the civil engineering firm's San Diego and El Centro offices.

Week in Review

San Diego Assistant City Attorney Les Girard has announced plans to leave his job Dec. 3. "It's time for me to move on and do something different," he said. "Mike Aguirre has the right to move forward with a new management team." As of Nov. 18, Aguirre wa

Neither Wind Nor Fire Stop Bumper Crop

The county's farmers enjoyed a boom year in the value of their goods in 2003, jumping 4 percent to $1.3 billion , the highest ever reported here , with an estimated economic impact of $4.7 billion.

New 'Condotel' Concept May Ease Hotel Financing Crunch

Condotels, a trend that could make it easier to finance hotel construction and purchases and turn average individuals into hoteliers or at least hotel room owners appears to be making its way to San Diego. At least half a dozen developers apparently a

Biotech Is Strengthening California's Strained Economy

California's biomedical industry remains at a pivotal crossroads. Threats still loom. Countries and other states staking their 21st century economic development on biomedical innovation are increasingly inviting California's biomedical companies to establ

Unemployment Here Remains Under 4 Percent

San Diego's unemployment dipped in October to 3.6 percent, the third consecutive month the rate has been below 4 percent a surprise to some economists.

The Word's Out About Marketing, PR Adviser

WordsOut! Communications, a Del Mar-based marketing communications firm, is aiming its services at local small businesses. David Woodruff, who runs a one-man shop, said that as a small businessman himself, he does not have the expenses that larger firms d

Cell-Phone TV, Stem Cell Research Part of Panel Discussion

Panelists at the San Diego MIT Enterprise Forum gave a glimpse into what they perceived as "the next big thing" in their industries, with predictions ranging from fanciful to fearful. Among the more exciting prospects in the near term are cell phones carr

German, Aussie Firms Team Up On Robot Plane

Kontron AG, which has 205 employees in San Diego and is based in Germany, has come to market with a specialized product for processing digital video, adding that the Navy uses the electronics bundle in an unmanned aircraft.

Developing Downtowns

Many older baby boomers remember growing up in areas that had busy downtowns with a variety of businesses. But gradually, with the increasing migration to the suburbs, malls started springing up outside city limits. Now, the trend seems to have come full

Monday, November 15

Internet Service Provider Thriving After Tech Wreck

When the Internet bubble burst, John Carter did what he had to do to make it through the decline: He cut his staff to the bone. "It was brutal," said Carter. "It was a bummer." But letting go nearly half of the 35 people at his high-speed Internet service

Construction Journal

Barnhart Inc. is the construction manager for the 43rd school in the Chula Vista Elementary School District.

Concerto Tunes Up IT Franchising Plan

Faced with yet another case of inadequate service to the small sales firm he worked for, Raymond Hivoral figured there had to be a better way to obtain quality information technology services. His solution was a franchised IT services business that would

Brothers Turn Old Records Into Gold

Gary and Wayne Johnson, owners of Rockaway Records in Los Angeles, started out buying and selling old records at swap meets, then graduated to mail-order and compact disc sales. Then came a dual assault. EBay eviscerated their mail-order business and onli

Mickey Mouse Ahead By a Nose

In the days following City Councilwoman Donna Frye's stunning write-in campaign for San Diego mayor that put her atop incumbent Dick Murphy and challenger Supervisor Ron Roberts, pundits and media personalities reminded us that the race wasn't over until

Urban Developer Takes Its Business Suburban

Urban condominium developer Intracorp San Diego is diversifying its business by adding suburban projects. The move comes at a time when most big builders are looking for ways to expand their largely single-family detached housing lines of business by gett

Democrats Sing the Blues When They See the Red

Liberals seem to revel in public items that cause embarrassment to conservatives. Liberals like language in music that is specifically designed to shock the more prudish public, they support the shocking wearing of clothing in public, and they love to twe

Executive Profile: Leon Santoro

Leon Santoro has been the general manager and winemaker at Orfila Vineyards and Winery since 1991, when it was the Thomas Jaeger Winery. During his tenure, Santoro has changed the emphasis of the 70-acre Escondido plot from chardonnay to red grapes. His e

Businesswoman Bites Off Just What She Can Chew

Laura Trice read countless biology and chemistry textbooks while training to become a medical doctor. But books on cookie mogul Mrs. (Debbi) Fields and ice cream duo Ben Cohen and Jerry Greenfield have meant more to her current career, making all-natural

Progress Report

Property: 327 Discovery St., San Marcos. Seller: Rubinfeld Family Trust.

Hey, North Korea: Look Who's Still in the White House

Four more years of George W. Bush is what the North Koreans are about to get. If they think their utterly foolish endorsement of his opponent put the president in a better mood regarding the third member of the infamous "axis of evil," they have a huge an

Small Business Spotlight: Circa a.d.

Circa a.d. specializes in selling unique furniture and accessories for the home and garden. Owner Rob Horby also imports furniture from Asia. The most important lesson learned in the trade? "Don't try so hard," he said. "It's the universe telling you to t

Small Firms Can Make Big Impact With Web Sites

One way in which small businesses are increasing their credibility is by launching Web sites. An Internet site allows a small business to access not only thousands of potential customers, but also gives the company a professional image, said Brian Chernic

Week in Review

Leap Wireless International Inc., the San Diego provider of flat rate wireless services in smaller markets, announced last week plans to refinance $350 million in secured debt issued when it emerged from bankruptcy protection in August.

Zoo Imports L.A. Firm to Handle Ads

Marketers for the San Diego Zoological Society have chosen M & C; Saatchi, a Santa Monica-based ad firm, to replace locally based MeadsDurket, which has had the account for about 30 years. The society's marketing director said a primary thrust of the new cam

Mayor's Race Lands in Court

San Diego attorney John W. Howard , fielding a barrage of nasty phone calls and e-mails in recent days , wants people to know his legal challenge of San Diego City Councilwoman Donna Frye's write-in candidacy for mayor in the Nov. 2 election is not politi

The Del Marks a Century Of Lights for the Holidays

Carlsbad-based Rubio's Restaurants Inc. reported a 70.7 percent increase in net income to reach a record $1.4 million for the third quarter ended Sept. 26, compared with $836,000 in the like quarter last year. Revenue rose 10.7 percent to $36.2 million vs

UCSD Dresses Supercomputer Center With Blue Gene

The San Diego Supercomputer Center on the UC San Diego campus will install an IBM eServer Blue Gene Solution computing system in December. That name might have a familiar ring to it. A version of Blue Gene recently took the mantle of world's fastest super

San Diego People

Jack Becker, formerly vice president of operations for Barratt American, has been named president of the company's new San Diego division.

FDA's Vioxx Move Could Hinder Local Biotech Firms

The Food and Drug Administration's announcement that it will hire the government's top scientific review agency to address concerns about how the FDA handles safety problems may result in higher scrutiny and drug development costs for biotechnology compan

Measures Spell Relief for California Businesses

Relief is probably the best way to sum up the reaction of California business owners to the Nov. 2 elections, as voters generally sided with their interests on just about every important measure. Voters repealed employer-mandated health care, opted to fun

Property Managers Lose Business as Buildings Sell

Billions of dollars in commercial real estate has traded hands in San Diego County during the last few years, causing more movement within the property management profession than usual. Area property managers say they are accustomed to the idea that if th

SDSU Inks Deal With Pharmaceutical Maker

San Diego State University recently signed its largest licensing agreement for an invention that it hopes will eventually translate into new lifesaving antibiotics. SDSU said on Nov. 8 that it signed a $300,000 agreement with pharmaceutical maker Merck Ph

Banks See Problem Loans Rise With Growth

The growing regional economy has helped many community banks expand their loan portfolios in recent years, but along with the increased assets and profits comes a less desirable element: larger amounts of delinquent loans.

Managing Diversity Is Key to Running a Company

Those who fail to truly leverage diversity may miss out on their potential for increased productivity and morale, and decreased work/life imbalance, absenteeism, and turnover.

Artists Turn Their Work Into Thriving Businesses

Mirjam Butz-Brown designs jewelry. She has been professionally crafting rings, necklaces and bracelets made out of precious gems for the last 21 years. But only in the last two years has she started to realize the importance of being both a jeweler and a

Condo Conversions Hurt Some Property Managers

The conversion of rental apartments to for-sale condominiums in San Diego County has reduced the pool of business for multifamily property managers, except for those companies that have adapted to the shift in the local real estate market.

Viejas Looks to Buy Out Minority Shareholders

Responding to complaints of a lack of liquidity in its stock, the majority shareholders of Borrego Springs Bank , the Viejas Band of the Kumeyaay Indians , is proposing to buy out all the remaining minority shareholders in a reverse stock split.

Attorneys May Benefit From Proposition 71's Approval

The passage of Proposition 71, which is expected to make San Diego a hub of embryonic stem cell research, also should have a substantial impact on its legal community. A few local law firms are anticipating new business spurred by the $3 billion bond meas

UC San Diego Sees Need to Double Square Footage

UC San Diego could nearly double in size during the next three decades, creating the potential for several million dollars' worth of new design and construction business.

Institute to Give UCSD $30M for Pharmacy School

UC San Diego said it landed a $30 million gift from the Skaggs Institute for Research to support its new School of Pharmacy and Pharmaceutical Sciences.

Smaller Is Better

The Douglas Allred Co. may not seem like a typical small business, due to the high-priced real estate projects the firm has worked on. But Douglas Allred said being a small-business owner has allowed him to provide quality service. "We have been trying to

Attorneys Offering Mixed Reviews on Prop. 64

Passage of Proposition 64, designed to limit so-called frivolous lawsuits, including class-actions, could be a boon for companies bombarded with questionable claims, or , ironically , a bane for smaller businesses.

Businessman Working to Make Public Speaking Easy

Revolutionizing the way some people give speeches, San Diego businessman Brian Collins is hoping his services will soon help many local businesses. Collins, the president of Ovation Earprompter Training, a company that instructs people how to effectively

Terminal Concerns

At present, two tents next to the B Street Pier are used to make up for a lack of counters and areas to process passengers within the terminal itself. Port District spokeswoman Rita Vandergaw said Holland America isn't alone in making complaints. Florida-

Monday, November 8

WD-40 Slips a Bit in Fourth Quarter

WD-40 Co. reported a slight increase in sales over the previous year but had a slightly weaker fourth quarter.

Executive Profile

At 33, Adam Noah has all the ingredients to make a successful career in investment banking. While pursuing dual Ph.D.-M.B.A. degrees, Noah and his graduate student friends co-founded a consulting firm called OmniOmix in Del Mar. The relatively new he

Sony Ready to Ship Newest EverQuest

Nov. 8 is the date San Diego-based Sony Online Entertainment plans to ship EverQuest II to retailers in North America and Europe. Armed with this $50 piece of software, users can explore an online world reminiscent of "Dungeons and Dragons." Since many pl

Qualcomm Eyes Programming For Phones

Qualcomm Inc. wants to boost the appeal of next-generation wireless phones by creating radio- and television-like programming for them. To that end, the San Diego company has created a subsidiary, MediaFlo USA Inc., which will create a nationwide networ

State Panel Places Mandates on Utility Reserves

Whether small businesses and consumers will get stuck subsidizing the bigger energy users is the big question raised by the California Public Utilities Commission vote Oct. 28 to build up the state's power reserves.

Locally and Nationally, We All Will Survive

Surprise! This nation is politically divided, although certainly less divided than after the 2000 election when the narrowly elected president was called "illegitimate." This election was a resounding conservative victory that sent the message to the w

Negotiations Taking on a New Attitude, Author Says

The old-school art of negotiation tended to be a sort of battleground, with adversaries trying to prove who was tougher. "Those types of techniques backfire, because they end up in an impasse," said Kimberlee Kovach, author of "Mediation: Principles an

Convention Center Books Events to Plug Holes

Both the San Diego Convention Center Corp. and the San Diego Convention & Visitors Bureau are targeting corporate meeting planners in hopes of boosting tourism.

Voters Finally Taking Care of Business

It seems like decades since California's business climate has been healthy and vibrant, when in fact it's been just four years. Yet, what a long four years it's been since the tech wreck and the energy crisis rolled across the state, followed by the ter

Lindbergh Field Revenues Continue to Climb

Financial results comparing two similar quarters during which the San Diego County Regional Airport Authority had control of Lindbergh Field are up and have exceeded projections.

San Diego Business Happily Welcomes City Hall CEO

Better accountability and responsibility, or gridlock and backroom shenanigans , these are the various takes on how a strong mayor form of government will shake out when it begins a five-year test period Jan. 1, 2006.

Prop. 71 May Make S.D. a Stem Cell Research Mecca

Now that California voters approved an unprecedented $3 billion bond measure to pioneer stem cell research, local scientific community leaders are swiftly jump-starting their efforts to try to make San Diego a hub for cutting-edge science. Proposition 71,

Concrete a Solid Option for Some Local Homeowners

A new way of building homes is emerging as an option for a few area residents who lost their houses in the October 2003 wildfires that destroyed 2,722 homes in San Diego County. Only a handful of homeowners have hired contractors to rebuild with concret

Maxim Pharmaceuticals Deals With More Setbacks

Following news of disappointing study results of its lead cancer compound, Ceplene, and a 50 percent cut of its work force, San Diego-based biotechnology firm Maxim Pharmaceuticals announced last week that it pulled its application to seek marketing appro

Application Deadline Set For Connect Program

Connect, the UCSD program in technology and entrepreneurship, is accepting applications from companies interested in presenting their technologies to capital providers at the Connect Life Sciences and High-Tech Financial Forum in mid-April. Online appli

Week in Review

Week in Review

Los Angeles Hotels Lose Business Over Labor Strife

Uncertainty surrounding the labor dispute involving nine Los Angeles hotels has resulted in canceled room reservations, banquets, catering assignments and meetings. The losses come even as officials of the workers' union, Unite HERE, have held off call

San Diego People

Key Hires and Promotions

PROGRESS REPORT/Construction Journal

Sales and Leases Construction Journal

Smaller Firms Getting Help From the Feds

From Oct. 1 through 22, the U.S. Small Business Administration approved 6,215 loans in its 7(a) loan guarantee program.

Sempra's Earnings Up; CEO Raises Projected Figures for 2004

Sempra Energy on Nov. 4 reported third-quarter 2004 earnings of $231 million on sales of $2.2 billion, compared with $211 million on sales of $2.1 billion in the third quarter of 2003. For the first nine months of 2004, Sempra Energy's earnings were $54

State Looks Into Alleged Fraud By Insurance Firms

A longtime insurance industry practice has come into question because of two statewide investigations launched by the California Department of Insurance and Attorney General Bill Lockyer. Charges filed in New York against Marsh & McLennan Cos., the coun

New Publication Hitting the Streets of North County

After more than several weeks of speculation, Copley Press Inc., which publishes the San Diego Union-Tribune, is launching Today's Local News.

Small Business SPOTLIGHT: Gayle Goldman & Associates

A small-business owner, Gayle Goldman understands the mindset of the small-business person. For six years, Gayle Goldman has owned and operated Gayle Goldman & Associates, Inc., a QuickBooks consulting and bookkeeping company, helping small-business own

As Economy Goes, So Goes Public Relations Industry

When times get tough and companies tighten their belts, the public relations industry is often the first to feel the pinch. But now, as the economy begins to rise, many San Diego public relations companies are beginning to return to the business scene,

Advice for Choosing an Accounting Method

Question: About half of my restaurant customers pay by credit card, while the others pay with cash. Should I use accrual or cash-basis accounting to track my income?

Work on Navy's New Vessel About to Set Sail

Knight & Carver YachtCenter of National City has started work on an experimental, high-speed Navy ship under a $6 million contract. M Ship Co. of Downtown San Diego is the prime contractor and designer of the 80-foot ship, which rides on two main hulls.

Gaslamp Getting a New Look

The first half of the $150 million Gaslamp CitySquare may look finished to passers-by, but Bob Champion, the developer, is not satisfied with everything he sees.

New Office Development Expected to Slow in U.S.

Commercial real estate experts tend to look ahead only one year at a time, but a demographic shift emerging in the U.S. work force could slow new office development as baby boomers begin to retire, according to an economist and the country's biggest landl

Indian Gaming Wins in High-Stakes Measures

California voters passed up a chance to change the rules on gambling in the state by rejecting two propositions on the Nov. 2 ballot. Had they approved Propositions 68 and 70, voters would have opened the door to roulette in tribal casinos, and slot machi

Qualcomm Enjoys a Healthy 2004

Qualcomm Inc., the supplier of microchips and related technology for wireless telecommunications, ended its 2004 fiscal year with revenue of $4.9 billion , a 27 percent increase from 2003. In tandem with the year-end results, the company announced an ac

New Push to Hike Hotel Room Tax Is Unlikely

After being defeated twice in one year , first in the March primary and again on Nov. 2, it's unlikely that a proposal to increase the city's hotel room tax by 2.5 percent to 13 percent will resurface anytime soon, says at least one lodging industry execu

The Grass Isn't Always Greener Outside San Diego

Lately, we've been hearing people talk and seen articles about others cashing in on their home and making a run for it out of San Diego. While it may sound like an enticing adventure to start over someplace else, I have to ask, why would anyone want to

Monday, November 1

Part of San Marcos Road Opens After 6-Year Process

The first phase of a massive $100 million infrastructure improvement plan by San Marcos and Carlsbad and regional home developers has finally been completed , the culmination of a six-year process. A portion of San Elijo Road in San Marcos opened to traff

Playing Games Makes Firm A Big Winner

College buddies at UC Santa Cruz, Greg Otero and Dan Blumberg had a passion for board games. The two created and developed a game, similar to backgammon and Parcheesi, which they played with each other and their families for years. In January, noticing a

Terror Threat Pales Next to China's Future

Here's a hot thought for you. It starts like this: "By 2025, or 2050 at the latest," according to French intellectual Roland Lew, "some experts predict that China may overtake Europe to become the United States' only rival." It's a hot thought because, ev

Developers Look North For Available Property

With a dwindling supply of land in the center of the region, office and industrial development is booming in North County. Developers have hundreds of acres in various stages, from entitlement to construction, according to local commercial real estate bro

New Rules Aim To Ease Truck Traffic at Border

In an attempt to increase efficiency and security at the border, truckers traveling between San Diego and Mexico will begin to change the way they operate. Regulations, which will be enforced by the U.S. Customs and Border Protection and go into effect No

Progress Report

Property: 10505 Sorrento Valley Road, San Diego. Seller: American Industrial Properties REIT.

Clinical Research Institute Opening 2nd Facility

After a year in business, the Profil Institute for Clinical Research said it is responding to a rising demand by clients to test its new experimental drugs for obesity and diabetes by opening up a second facility in Chula Vista. Profil, which specializes

Executive Profile

Signing up with a global telecommunications company has given Mats Granryd a chance to see a good chunk of the world in a still-young career. Granryd, 42, is the local man-in-charge for Ericsson, a Swedish company with $16.26 billion in sales during 2003.

San Diego People

Patrick Connolly joins American Mortgage Network as vice president, project standards. Connolly will be responsible for the company's initiative in cooperative and condominium lending. Connolly specializes in cooperative loan portfolio management and has

Heads Up! Brainy Group Sets Convention Records Here

A description of the largest event in the history of the San Diego Convention Center might make a glowing chapter in some small city's financial report , 30,000 people generating a $102.7 million economic impact and producing tax revenue of $2.2 million

Firms Steeling for Price Hikes

A surge in metal prices is washing over San Diego companies that manufacture big, heavy things that move. Shipbuilding and aerospace companies say they are indeed affected by increased raw material prices, though they are more reluctant to give specifics

Meritas Brings Home Worldwide Legal Expertise

If you're ever stranded in some foreign port , or even an unfamiliar state , and find yourself in a legal pickle, who are you going to call? If you're a client of Meritas, you'll have an international network of independent commercial law firms standing b

Harassment Lawsuits Can Affect Any Firm

Question: I've just heard that a new law has been signed into effect requiring employers to conduct sexual harassment training. Can you provide more details regarding the impact of this law? Answer: Organizations of any size can be involved in a sexual ha

Small Business

Masson & Associates, Inc., a civil engineering, land surveying and land development consulting firm based in Escondido, is expected to reach more than $4 million in revenue for 2004. A family-owned and operated business, Masson & Associates provides plann

Local Agency Looking to Help Nonprofit With Marketing Plan

For the second year in a row, Oster & Associates, a San Diego-based advertising agency specializing in brand development, is searching for a local nonprofit organization to help produce a premier advertising and marketing campaign for the organization. Th

TV Presents Challenges for Presidential Campaigns

In many respects, the 2004 presidential election has been a watershed in the annals of political advertising history. In sound bites of 30 or 60 seconds, TV commercials for the two presidential candidates have aroused hope, fear, anger, nostalgia, patriot

Medical-Device Firm Gains Clearance From FDA

CryoCor Inc., a small medical-device firm in San Diego, said on Oct. 25 that it won pre-marketing clearance from the Food and Drug Administration to market a surgical cooling device for treating irregular heartbeat to surgeons. But CryoCor isn't quite rea

ConVis Expects New Software to Benefit Local Firms

The San Diego Convention & Visitors Bureau is putting the finishing touches on a custom-designed software program that is expected to boost sales for area attractions and service companies that thrive on the meetings business. The pilot for iService, whic

Conventional Appeal

The 2.6 million-square-foot San Diego Convention Center, which offers large groups ample space to hold meetings in contiguous rooms, is what appealed to the Emergency Nurses Association when it booked a four-day convention and trade show for about 5,000 m

GA Gets More Mileage Out Of Predator

General Atomics Aeronautical Systems, Inc. has outfitted one of its Predator drones with a heavy-fuel engine. In other words, it has turned out an unmanned aircraft capable of flying on diesel fuel or jet fuel. The company-funded experiment was to please

Prop. 72 No Solution for Health Care

Fair, affordable health care for all workers is a concept that's long overdue in this state. For California's economic engine to continue running, businesses must keep their workers healthy and productive. Proposition 72, however, is not the solution. The

Titan Reports Revenues, Names New Spokesman

San Diego-based Titan Corp. reported net income of $15.8 million on revenue of $526 million during the third quarter. In the year-ago period, the defense contractor reported net income of $15 million on revenue of $468.4 million.

Condo Converters Enjoy Big Third Quarter in S.D.

With hundreds of units sold, condominium converters developers who buy apartments then sell the units as condos were among the list of San Diego County's top 25 home builders in the third quarter. San Diego-based MarketPointe Realty Advisors compiles

Half SUV, Half Sports Car, Chevy SSR Is Fun

The image on the Chevrolet TV commercial is bold, even shocking: One by one, new Chevy models are driven onto a moving car carrier to be transported , presumably to a dealership. The final vehicle, finished in a dazzling coat of yellow, is the 2004 Chevro

Construction Journal

Bilbro Construction Co. renovated 4,200 square feet of laboratory space in the Powell Focht Bioengineering Hall on the UC San Diego campus in La Jolla. The contractor built a National Institutes of Health laboratory with cardiac systems, mechanical bioeng

Stricter Guidelines Put Boardrooms on Notice

Directors in some San Diego boardrooms complain that recent compliance regulations are taking precious time and money that could be used to stoke their bottom lines. Still others contend those rules are a "necessary evil." Either way, all boards of direct

Planners Reach for Summit

After working apart for about 15 years, Richard McCann and Douglas Wheeler decided it was time to start working as a team again. Colleagues at Carlsbad's La Costa Resort and Spa in the late 1980s, McCann, 50, and Wheeler, 46, moved on from the hotel, form

Investors Venture Into Biotech Territory

Three San Diego-based biotechnology firms were among the 11 largest U.S. venture capital investments in the third quarter, despite a downward trend nationally in such funding, according to a quarterly survey released by VentureOne and Ernst & Young.