Stories for May 2005

Tuesday, May 31

San Diego Roads Need Help, Group Says

San Diego is the sixth worst metropolitan city for roads, according to a recent report by The Road Information Program of Washington, D.C., a group also known as TRIP.

Captiva Closes SWT Acquisition

Captiva Software Corp. recently announced that it closed its previously announced acquisition of SWT SA of France for $17.6 million in cash and approximately 179,000 shares of Captiva stock.

Amtrak Counts 9.8 Million Surfliner Riders

Five years after its inception, Amtrak's Pacific Surfliner train has served nearly 9.8 million passengers.

San Diegan Tapped By Governor

San Diegan Mindy Fletcher, 34, has been appointed deputy chief of staff for external affairs in the office of Gov. Arnold Schwarzenegger.

Monday, May 30

Hiring in the High-Tech Sector Surging Locally

The high-tech job market in San Diego appears to be approaching levels it hasn't seen in five years.

Isis Eyes Tiger To Work With Government

Isis Pharmaceuticals Inc. wants to provide four "Tiger" biosensor systems to the government this year.

Due Diligence a Way to Say 'Do Your Homework'

Due diligence is a must-have for a venture capitalist, and it doesn't come cheap.

SBA Chief Says Social Security a Crucial Issue

The head of the U.S. Small Business Administration, Hector Barreto, recognizes the San Diego SBA for its accomplishments and talks up President Bush's agenda for Social Security reform.

Keeping the Sand in Sandal

Executives with VF Corp., a Fortune 500 company based in North Carolina, say their $188 million investment in San Diego-based Reef is worth it, as Reef has growth potential and is a brand steeped in authenticity.

San Diego People

Key Hires and Promotions; Awards and Recognition; Philanthropy; Executive Spotlight: George R. Gonzalez

Corporate Coffee Coming To Perk Up North Park

Not one, not two, but three Starbucks will set up shop in San Diego's North Park, which is already home to a variety of niche coffee bars and lounges.

ConVis Suffers Cuts , This Time Without Acrimony

The San Diego City Council cut back its supplement to the San Diego Convention & Visitors Bureau for another year. Yet the tone of the discussion before the council differed from one year ago.

Companies Have Cause to Push Their Products

Companies large and small are finding that by attaching their names to a common cause, they strike a unique chord with many consumers.

Demand for Mexican Auto Insurance Increasing

The fact that U.S. auto insurance does not provide the liability insurance recognized in Mexico means that selling Mexican auto insurance close to the border can be a lucrative endeavor.

Bills May Open New Doors to Lawsuit Abuse

Bills May Open New Doors to Lawsuit Abuse

Insuring Their Load

Despite the fact that nearly 85 percent of total merchandise trade between the United States and Mexico moves by way of trucks, there has been virtually no effort to coordinate insurance requirements or standards on either side of the border with respect

Trust Fund a Possibility for Affordable Housing Ills?

Trust Fund a Possibility for Affordable Housing Ills?

Healthy ITLA Withstands a Drop in Revenue

Healthy ITLA withstands a drop in revenue.

Small Business Spotlight: Center for Health & Wellbeing

It's a bit uncommon to find a practice where a patient can receive a standard medical exam, followed by a massage and then acupuncture. But that's what Dr. Janette Gray offers her patients.

Volcom's 'Wooly': Mixing Tequila With Wall Street

Volcom's planned $86 million initial public offering has surprised some while others scramble to get a piece of the action.

For the Record

Business Events Calendar: May 31 - June 6

Construction Journal

Contract Awards and Construction Milestones

Investors Positioned For Legoland Buy?

A U.S.-based investment firm appears to have become a front-runner in the bidding for the four Lego theme parks by first acquiring a leading European attractions operator.

Week in Review

Top Business News: May 20 - 26, 2005

Progress Report

Sales and Leases

Remec Sell-Off of Units Continues

Sales and mergers are common, but the selling of an entire company in pieces and then distributing profits to shareholders is a rare occurrence. Del Mar-based Remec Inc. is doing just that.

Executive Profile: Michael J. Woiwode

When he got out of the Navy in 1979, Michael J. Woiwode said he was sure he wouldn't head into defense contracting. His intuition was wrong.

Finding the Right Stuff in Your Staff

Question: Do I have the right people to meet my company's upcoming challenges?

Median Home Price Hikes Slow in April

According to the latest data, the rate at which median home prices increase in San Diego seems to be slowing.

Broadcom's Inventory Down, Stock Up

Broadcom's inventory is down. Its stock is up. The question now is whether the company's troubles are behind it.

Mayoral Hopefuls Agree: City's Broke, And They Can Fix It

A cross section of San Diegans , everybody from business owners, political theorists and a retired judge, to a bartender, a full-time student and a private eye , want to be San Diego's next mayor.

Stem Cells May Hold Key to Toothy Grin

A team of scientists at the National Institutes of Health hopes to turn stem cells into therapies , mainly to re-create smiles.

Friday, May 27

Gas Prices Lower With Holiday on Horizon

Gasoline prices fell for the sixth straight week and motorists should see lower prices throughout Southern California for the Memorial Day holiday weekend, the Automobile Club of Southern California said.

Fitch Downgrades San Diego Bonds

San Diego just missed getting a junk bond rating Friday with news that Fitch Ratings has downgraded the city on several fronts.

SDG & E; Offers Incentive to Conserve

Business customers of the San Diego Gas & Electric Co. can earn a one-time 20 percent credit on their utility bills by cutting their electricity use an average of 20 percent between July 1 and Oct. 31.

Thursday, May 26

USD Index: San Diego Is Slumping

San Diego's economy continued to trend downward, based on the latest results of the University of San Diego Index of Leading Economic Indicators, which fell for the fourth consecutive month in April.

Buchanan Acquires Burns

Burns, Doane, Swecker & Mathis LLP has been acquired by Buchanan Ingersoll PC. Both firms' San Diego operations will be relocating to a new office in Del Mar

Petco Trims Its Forecast

Petco Animal Supplies, Inc. reported net income of $17.2 million on revenues of $479.6 million for the first quarter.

Rider Joins the Race for Mayor

Prominent San Diego Libertarian Richard Rider officially announced his candidacy for mayor May 26 outside the Federal Bankruptcy Court in Downtown San Diego.

Wednesday, May 25

Tech Companies' Growth Draws Attention

Two San Diego-based companies, Biosite Inc. and Websense Inc., were ranked No. 7 and 10 respectively on a list of the fastest-growing technology companies compiled by

SAIC Unit Cutting 100 Jobs

Science Applications International Corp. said May 24 that it cut about 100 positions from its security and transportation technology business unit at offices in Escondido and Rancho Bernardo.

Mail-in Ballot for Mayoral Vote Nixed

The San Diego City Council rejected the mail-in ballot proposed by City Clerk Charles Abdelnour for the July 26 special election for San Diego's mayor.

Tuesday, May 24

Sempra to Buy Partner's Interest in El Dorado Plant

Sempra Generation has entered into an agreement to buy Reliant Energy's 50 percent interest in the El Dorado Energy project for $132 million.

San Diego SBA Office Gets Top Ranking

The San Diego district office of the U.S. Small Business Administration ranks as the best in the nation.

Monday, May 23

Redevelopment Funds Go to Senior Project

The 150-unit City Heights Square project to be built at 43rd Street and Polk Avenue in City Heights is one step closer to becoming a reality.

Padres Taking to the Field Via the Internet

Padres taking to the field via the Internet.

Executive Profile: Tom Di Zinno

Tom Di Zinno, principal and majority owner of Di Zinno Thompson and founder of the newly formed Brainweave Co.

Letter

Choosing a New S.D. Supe

Specialty Shops Becoming Attractive Buyout Targets

Southern California specialty shops are becoming attractive buyout targets.

SBA Tries to Rewrite the Small Biz Definition

The federal government's definition of a small business varies by industry, and is often a source of confusion.

For the Record

Business Events Calendar

Small Business Spotlight

Michael Mark, creative director and chief executive officer of advertising agency NYCA.

A League of Their Own

A grad school business plan puts a new baseball team, the San Diego Surf Dawgs, on the field.

Cubic Executives Get Pay in Cold, Hard Cash

Cubic executives get their pay in cold, hard cash.

Mail Ballot Urged for Mayoral Vote

A mail-in ballot could save the city as much as $1 million to $1.5 million on the cost of the July 26 special election for mayor, according to a report published by City Clerk Charles G. Abdelnour.

Gerald Yakatan Looks at Life After Avanir

Gerald Yakatan looks at life after Avanir Pharmaceuticals.

Firms Want to Help Military Keep Track Of Its Gear

The military wants to keep track of its gear through radio tags. Two local firms want to help the effort.

S.D. Fields International Rugby Tournament

San Diego fields an international rugby tournament.

Enrollment Declines in L.A. Business Programs

Full-time enrollment at Los Angeles' 15 largest graduate business programs has fallen.

Carlsbad Company Plays the Match Game Online

It's like Match.com, but for real estate. Carlsbad-based Real Capital Markets offers an online service that pairs qualified institutional investors with commercial brokers looking for buyers that might be under their "radar screen."

Waterfront Park Nears Key Vote

The first phase of a key component to the Liberty Station mixed-use project , a waterfront park , will hinge on a San Diego City Council vote to authorize the sale of $16 million in private-placement bonds.

S.D. Universities Give Biotech Pros Chance to Grow

Local and out-of-state biotechnology professionals look at certificate and degree programs to advance their careers.

San Diego Dodges the Base Closure Bullet

The Department of Defense has spared San Diego from major base closures as part of the 2005 Base Realignment and Closure, or BRAC.

Week in Review

Top Business News: May 16 -19, 2005

Hospitality, Construction Spur Job Gains

San Diego's unemployment rate dipped to 4 percent in April from 4.3 percent in March, according to the state's Employment Development Department.

SDSU Hotel Program Has Near-Perfect Placement

San Diego State University's Hospitality & Tourism Management Program is able to boast that nearly all of its graduating class had jobs lined up before they donned caps and gowns.

Progress Report

Sales and Leases

San Diego People

Key Hires and Promotions; Awards and Recognition; Executive Spotlight: Nancy Russian

Construction Journal

Contract Awards and Construction Milestones

Correction

For May 16, 2005.

Marketing Plans Need Occasional Tuneups

Question: If I'm going to review my marketing program, what are all of the things I need to consider?

Traditional Firms Seek Nontraditional Office, Retail Space

One broker defines it as "something funky, something different." Nontraditional office and retail space in Downtown San Diego is increasingly in demand.

Local Vintners Savor Taste of High Court's Ruling

Local vintners savor the taste of a Supreme Court ruling.

Small Firms Find Ways to Fund Health Coverage

As health care costs have skyrocketed and many small firms have drastically scaled back coverage, businessmen like Vince Mudd have done the opposite.

Liberty Station At a Glance

The $1 billion Liberty Station mixed-use project is on the grounds of the former Naval Training Center in Point Loma.

Furthering Their Education

Biotech pros enroll at Cal State San Marcos, UCSD with the hope of getting ahead.

Port Insecurity: We Need to Fund the Gap

Port Insecurity: We Need to Fund the Gap

Cal State Fullerton, Developer Discuss New Lease for School

Cal State Fullerton officials are in talks with Miami developer Lennar Corp. for a new lease at the former El Toro Marine base.

Attorneys Confront Online Ethics During National Conference

Attorneys confront online ethics during national conference.

Friday, May 20

Francis Announces Run for Mayor

San Diego businessman Steve Francis, 50, has become the third major candidate to announce his run for mayor of San Diego.

Stratagene Names Steve Martin as CFO

Stratagene Corp., a San Diego-based diagnostic company, announced May 20 that it named Steve Martin as chief financial officer.

Thursday, May 19

Net Income Up at Jack in the Box

San Diego-based Jack in the Box reported May 18 that earnings during its second fiscal quarter, which ended April 17, rose to $20.7 million or 55 cents a share vs. $18.7 million or 51 cents a share in the like year-ago quarter.

Speculation of a New Titan Corp. Sale Surfaces

Shares of Titan Corp. soared to their highest levels in about 15 months following reports that the San Diego defense contractor has been holding acquisition talks with a major New York defense manufacturer.

New Chief for High-Tech Firm

Stephen Rizzone was named chief executive officer of IP3 Networks Inc., a San Diego-based maker of software used in wireless networks.

Remec Shareholders Agree to Sale

Remec Inc. said its shareholders approved the sale of its defense and space unit May 18 to Chelton Microwave, and another proposal that would distribute the bulk of that sale to shareholders.

Campaigns Promise Different Roads to Recovery

Carl DeMaio and Jerry Sanders offer different prescriptions for the city of San Diego's financial troubles.

Waitt Leaves Chairman's Post at Gateway

Ted Waitt, the entrepreneur who moved Gateway Inc.'s headquarters from South Dakota to San Diego in 1998, announced he's stepping down as chairman of the company's board of directors effective May 19.

Wednesday, May 18

NASA Taps Titan for Software Help

Titan Corp. will conduct software verification and validation for NASA in a deal that could be worth as much as $200 million over five years.

Hewlett-Packard Revenue, Earnings Tick Up

Hewlett-Packard Co. reported earnings of $966 million on net revenue of $21.57 billion for the quarter ended April 30. One year ago, the company reported earnings of $884 million on net revenue of $20.11 billion.

Tuesday, May 17

Dumanis Charges Six With Felony Counts

Six current and former members of the San Diego City Employees' Retirement System board have been charged with felony conflict of interest by District Attorney Bonnie Dumanis.

Environmental Impact of Desalination Plant Weighed

A proposed $270 million desalination plant planned in Carlsbad has cleared another hurdle with news that a preliminary environmental impact report recently released by the city hasn't turned up any substantial problems.

More Employees Vulnerable to Phishing, Study Finds

Spammers and "phishers" are infiltrating computer systems of more businesses than ever as their methods of luring Internet users get more sophisticated, according to a recent survey.

City and Union Reach Tentative Deal

San Diego and the Association of Federal, State, County and Municipal Employees Local 127 agreed to a three-year labor deal.

Monday, May 16

Feds Conduct Probe of Electronics Maker

Feds conduct probe of Anaheim electronics maker.

Yakatan Steps Down From Avanir

Sorrento Valley-based biotechnology firm Avanir Pharmaceuticals announced Monday that its president, chief executive officer and director, Gerald Yakatan, has resigned effective immediately.

Sarbanes-Oxley Opens Up New Doors For Businesses

Sarbanes-Oxley Opens Up New Doors For Businesses

Tourism Marketing Faces Deep Cuts: 2

Hotels consider fee to help draw visitors.

Tenants Filling Up County's Class A Office Space

Tenants filling up San Diego County's Class A office space.

Local Legal Community Looks to Add Staff

San Diego law firms look to add staff, particularly in the areas of intellectual property, corporate law, real estate and litigation.

San Diego People

Key Hires and Promotions; Awards and Recognition; Executive Spotlight: Ulises Gomez

WebSideStory Acquires Atomz

San Diego-based WebSideStory, Inc. has completed its acquisition of Atomz, a privately held Silicon Valley company.

AMN Healthcare Exec Eyes Run for Mayor

Barring a last-minute change of heart, which is always possible in politics, Steven Francis, the chairman of AMN Healthcare Inc., will announce his candidacy for mayor of San Diego.

Progress Report

Sales and Leases

Panel: Good Health a Key To Success In Business

Panel: Good health a key to success in business.

Local Scientists Team Up on Stem Cell Research

Scientific leaders at four major research institutions in La Jolla have planned extensively for the upcoming stem cell grant-making process.

Hollywood Park Could Be Entering Its Final Days

Inglewood officials say they have been told by executives at Churchill Downs Inc. that Hollywood Park, a nearly 240-acre parcel worth more than $200 million, may be sold to a developer.

Bank to Offer Mexico Home Lending Program

Bank to offer Mexico home lending program

Midway Museum Completes Successful First Mission

In its first 11 months of operation, the decommissioned aircraft carrier USS Midway has attracted 800,000 visitors.

Creating a Buzz Is What It's All About for Bars

Creating a buzz is what it's all about for bars.

Web Access Beats Coffee as a Perk

Surfing the Internet may be more addictive than coffee, according to a recent survey done for Websense.

Collection Agencies Are Sometimes Necessary

Question: What questions should I ask when considering hiring a collection agency?

Cohn to Open Two More Eateries in Next 2 Months

San Diego-based restaurateur David Cohn is making his first foray outside of the county to the Hawaiian island of Maui.

In the Tech World, Age Is Everything

Age is relative, and in the tech world, it's everything.

Sutton Place Hotel to Get New Name, New Owner

San Clemente-based Sunstone Hotel Investors Inc. plans to buy the 435-room Sutton Place Hotel in Newport Beach, which will become the Fairmont Newport Beach.

Small Business Spotlight: Che Bella

Carla Bassi, owner of Che Bella, a floral boutique.

Invitrogen To Acquire Caltag

Carlsbad-based life sciences company Invitrogen Corp. announced Monday it would buy privately owned antibody and reagents company Caltag Laboratories for $20 million in cash.

Falcons' Love Nest Not Impeding Hotel Renovation

Falcons' love nest not impeding hotel renovation

For the Record

Business Events Calendar

Irvine Company Has Big Plans for McDonald's

Construction is under way on what will be Irvine-based Golden State Foods Corp.'s largest distribution center for the Golden Arches.

Vietnam , Three Decades Later

Vietnam , Three Decades Later

Week in Review

Top Business News: May 6 - 12, 2005

Patent Attorneys Set Off on Phishing Trip

The mounting challenges facing businesses trying to protect their brand names and other intellectual property rights are bringing 6,500 people to a San Diego conference.

A Bay Area Buying Binge

After a 2004 purchase of two key S.D. properties, American Assets spends $250 million on high-profile San Francisco sites.

Executive Profile: Andrew E. Nelson

The experience of building a house in Mammoth Lakes and his natural affinity for working with people drew Andrew E. Nelson toward the residential real estate business.

Hispanic Market Targeted on the Field and TV

Latino Sports Marketing recently launched a division dedicated to reaching the Hispanic consumer through soccer.

Top of Their Class

One America Plaza, Aventine, and Del Mar Gateway are the most sought-after Class A office buildings in San Diego County.

Tourism Marketing Faces Deep Cuts: 1

As city budget cuts threaten to affect ConVis advertising, the agency CEO says his future is uncertain.

REITs, Institutional Investors Snatching Up Hotels

REITs and institutional investors are snatching up hotels.

Construction Journal

Contract Awards and Construction Milestones

More Time in the Air Is The Road Less Traveled

Charter flights give execs a chance to get down to business.

Bank to Move From Federal Regulator to State Agency

Changing horses in the middle of the stream isn't recommended, but a bank changing regulators in the middle of a quarter can provide some positive results.

S.D. Mayoral Candidates Looking to Fund Run

Jerry Sanders figures he'll be spending from $350,000 to $400,000 on his mayoral campaign, while San Diego City Councilwoman Donna Frye gave a ballpark figure of $150,000.

High Court's Ruling Opens Markets For Wineries

A U.S. Supreme Court ruling has prompted at least one of San Diego's boutique vintners to predict a rosier future for revenues.

Military Reunions Provide Financial Salute to S.D.

The military travel business rides on today's Defense Department priorities, but it also benefits from people who want to look back.

Hilton Rolls Out Welcome Mat for Biz Travelers

As business travel continues its current revival from the prolonged post-Sept. 11, 2001, slump, Hilton Hotels Corp. is benefiting from its strategy to fill its rooms with more executives , and is doubling down on its bet.

Sidney Kimmel Cancer Center Picks Up Grant

San Diego's Sidney Kimmel Cancer Center announced Monday that it won a $14.4 million, five-year grant from the National Cancer Institute to try to find new therapies for cancer.

Friday, May 13

San Diego Military Bases Spared By BRAC

The Pentagon has spared San Diego from major base closures, though several facilities may lose hundreds of jobs and Naval Station San Diego may gain 1,170 jobs as part of the 2005 Base Realignment and Closure round.

Thursday, May 12

Reorganized Leap Wireless Reports Profit

Leap Wireless International Inc., the San Diego-based provider of flat-rate wireless telephone service primarily in middle market cities, reported 2004 net income of $904.6 million.

Sports Invitational Set for June

San Diego is set to host a mini-Olympics tuneup called the International Sports Invitational from June 7 to 12 featuring some 250 athletes from the U.S. Olympic teams and five other nations competing in men's and women's basketball, men's volleyball and s

Discovery Bank Sees Profits Rise

San Marcos-based Discovery Bank, which has a branch in Poway, reported net income of $91,798 in its first quarter, up 43 percent from the like period of 2004.

Lawsuit on Behalf of Frye Voters Dropped

The last major court challenge in support of San Diego City Councilwoman Donna Frye's write-in candidacy for mayor last year has been dropped.

Mayor Says Colleagues Should 'Share the Pain'

Mayor Dick Murphy on May 12 urged the San Diego City Council to join him in rejecting any salary increase in the upcoming fiscal year, which starts July 1.

Wednesday, May 11

Web Access Beats Coffee as a Perk

Surfing the Internet may be more addictive than coffee, according to a recent survey done for Websense, the San Diego-based maker of software that allows businesses to manage their employees' Internet use.

Tentative City Labor Pact Reached, But City Attorney Displeased

San Diego and the 6,000-member Municipal Employees Association agreed Monday to a tentative three-year labor agreement. The proposed agreement must be approved by a vote of union members.

Tuesday, May 10

Border Agency Beefing Up SENTRI Program

Area border crossings are receiving upgraded technology and new lanes.

Forbes Index Gives S.D. High Marks

San Diego outranks all California cities, as well as those in Oregon and Washington, as a favorable place to start a business, according to a new index published by

Candidate Calls for Pension Agency Changes

San Diego mayoral candidate Jerry Sanders called on Mayor Dick Murphy to reappoint prominent whistle-blower Diann Shipione to the San Diego City Employees' Retirement System board.

Big O.C. Company Moving to Texas

Fluor Corp., Orange County's third-largest public company by sales, said Tuesday it's moving its headquarters from Aliso Viejo to Texas by early next year.

JMI Starts Building at Del Mar Heights

JMI Realty announced Tuesday that it has begun construction on the first phase of a $77 million, three-building office campus in Del Mar Heights.

Monday, May 9

Bay Area Buy for American Assets

American Assets Real Estate Group, a San Diego-based real estate investment and asset management firm, recently announced the acquisition of a nine-story office building in the South of Market district of San Francisco.

Connect Looks to Link With Other Local Institutions

Connect, the UC San Diego program that helps technology entrepreneurs, plans to continue that work as an independent, nonprofit organization.

The Move to Mexico

A title insurer may play a new role for U.S. citizens buying homes in Mexico.

Amylin Plans Big Push for Its New Diabetes Drug

Amylin plans a big push for its new diabetes drug.

Executive Profile: Andrew S. Albert

Andrew S. Albert, the president-elect of the San Diego County Bar Association, has a goal, and it's a big one: access to justice.

Bankruptcy Still S.D.'s Buzzword

The big bad "B" word , bankruptcy , continues to be bandied about San Diego as a solution to the city's fiscal misfortunes.

Top SBA Deputy Resigns

Melanie Sabelhaus, the deputy administrator for the U.S. Small Business Administration, has resigned from her position.

State, Feds Differ on Domestic Partner Issue

Question: Are employer-provided insurance premium payments on behalf of my domestic partner taxable to me?

Ceregene Posts Success in Treating Alzheimer's

Ceregene recently published findings in a medical journal suggesting that its experimental gene therapy could slow the devastating mental decline in Alzheimer's patients.

Convention Center Board Could Get a Face-Lift

The board of the San Diego Convention Center Corp. is ironing out a proposal that would change its composition by adding more representatives from the hospitality industry.

For The Record

Business Events Calendar

Time for Aguirre to Join Murphy

Time for Aguirre to Join Murphy

Hispanic Market Finding Beauty Runs in Family

Grandall Distributing Co. Inc. targets a niche with health and skin care products.

Drones a New Sight Over State's Coastline

Small plane pilots reflect on sharing California's skies with a remotely piloted drone on a research mission.

S.D. Mayoral Hopefuls in Short Supply

S.D. Mayoral Hopefuls in Short Supply

New York Firm Prepares To Open Old Town Plaza

Delaware North Cos. has embarked on a goodwill campaign as it prepares to open Plaza del Pasado in the Old Town space that housed Bazaar del Mundo for 34 years.

Inventor's Billion-Dollar Payday a Rare Feat

An inventor's billion-dollar payday is a rare feat.

San Diego People

Key Hires and Promotions; Awards and Recognition; Philanthropy; Executive Spotlight: Kevin Perry

SoCal Clothier May Have Scored a Hole-in-One

Quiksilver Inc.'s picking up a golf gem in its buy of France's Skis Rossignol SA: Roger Cleveland Golf Co.

Hewlett-Packard Pares Staff at Its R.B. Campus

One hundred employees at Hewlett-Packard Co.'s San Diego facility accepted voluntary severance packages as part of the company's plan to maintain its No. 1 market status for printers.

Small Business Spotlight: Gaslamp Insurance Services

Emilio C. Figueroa is chief executive officer of Gaslamp Insurance Services, and has steadily increased his business every year.

City Looks to Lean on Hotel Room Tax to Fix Ailing Budget

A proposed city budget calls for increasing the hotel room tax while cutting a subsidy used to lure visitors here in the first place.

Progress Report

Sales and Leases

Got Time for Free Legal Advice? Service Does Too

Sound legal advice usually doesn't come cheap, but San Diego's Lawyer Referral & Information Service has been dispensing it free , at least for the first 30 minutes , for half a century now.

New Publications Helping Printing Industry Grow

The local printing industry is seeing a turnaround in business as more publications are launched throughout the county.

Week in Review

Top Business News: April 29 - May 5, 2005

Quiksilver Faces Big Task With Rossignol Buy

Huntington Beach-based Quiksilver Inc. has ambitions beyond its absorption of French ski maker Skis Rossignol SA.

AMCC Bolsters Bottom Line With Pro Forma Results

Applied Micro Circuits Corp. continues to muddle through the murky waters of the semiconductor industry.

Supermarkets See a Slight Rebound in Revenues

Ever so slowly, the major grocery chains appear to be recovering from the Southern California supermarket strike that hit Ralphs, Albertsons and Vons.

Workers' Comp Relief Slow to Come

Increasing competition among carriers and decreasing average costs indicate that the state's beleaguered workers' compensation system might be on the road to recovery.

Small Biz Gets An Assist in Negotiating Labor Laws

Small business gets an assist in negotiating labor laws

Construction Journal

Contract Awards and Construction Milestones

Revenue Triples But Kintera Posts a Loss

Kintera Inc., a San Diego-based maker of software that helps nonprofits manage fund raising, reported a net loss of $9.9 million on revenue of $9.5 million for the first quarter ended March 31.

For Locals Only

Community newspapers find their niche despite competition from major media organizations

SYS Has $10.9M Quarter

SYS Technologies, a San Diego-based defense electronics company, reported net income of $321,000, or 3 cents per share, on revenue of $10.9 million in the quarter ended March 25.

Competition Closes for Stem Cell Research HQ

The marathon competition for California's stem cell research headquarters hits the finish line.

De La Hoya Looking to Redevelop Urban Areas

Boxer Oscar De La Hoya looks to redevelop urban areas.

Friday, May 6

Pentagon May Hold Back on Some Base Closures

The Associated Press reported Friday that the Pentagon's 2005 base closure list which could be available as soon as May 13 may not be as extensive as first thought.

WebSideStory Acquires Atomz

San Diego-based WebSideStory, Inc. announced May 5 that it had completed its acquisition of Atomz, a privately held Silicon Valley company that makes software for Web sites, in a stock and cash deal.

San Francisco Named HQ For Stem Cell Agency

San Francisco was chosen as the headquarters for California's stem cell institute on Friday, winning out over San Diego, Sacramento and Emeryville.

Thursday, May 5

Kyocera to Lay Off 1,700 in S.D., Tijuana

Kyocera Wireless Corp., the San Diego-based subsidiary of Kyocera Corp. that manufactures cell phones, said it has decided to outsource its manufacturing in a move that will result in the elimination of about 1,700 jobs in San Diego and Tijuana.

Instromedix Names Chief

San Diego-based medical device company Instromedix Inc. said it named David Barach as president and chief executive officer.

Ericsson Announces Shuttering of San Diego Office

Ericsson, the Swedish manufacturer of wireless communications equipment, is shutting down its San Diego office, eliminating 250 jobs in the short term.

Wednesday, May 4

Sempra Earnings and Revenues Grow

Sempra Energy on May 4 reported first-quarter 2005 earnings of $223 million, compared with $197 million for the same period in 2004.

Area Firm Signs Deal for Major Baja Development

Baja Resort Advisors, LLC has announced an $800 million development deal to build a 2,300-unit mixed-use community called Ventana al Mar near Ensenada in Baja California.

Local Economy Slows, USD Index Says

San Diego's economy declined for the third straight month in March, according to the latest University of San Diego Index of Leading Economic Indicators.

CDC Small Business Finance Honored

CDC Small Business Finance, a San Diego-based certified development company that makes Small Business Administration-guaranteed loans in conjunction with private lenders, was named 504 Loan Lender of the Year by the SBA.

Sanders Announces Run for Mayor

Jerry Sanders, who served as the city of San Diego's chief of police from 1993 to 1999, on Tuesday announced his intentions to run for mayor.

Tuesday, May 3

Schering-Plough Pulling Up Stakes

Schering-Plough Corp. has announced plans to close its Canji research operation in San Diego, and offer its 47 local employees jobs in Palo Alto.

Navy Enlists IBM in Accounting Project

The Navy has asked IBM for help in streamlining its financial systems, and the deal may bring new jobs to San Diego, according to an IBM spokeswoman.

Transition in the Works at Jack in the Box

Jack in the Box has announced that its chairman and chief executive officer, Robert Nugent, will retire in October.

Monday, May 2

For the Record

Business Events Calendar

Local Employees Might Not Feel Effects of BRAC

Local federal employees might not feel the effects of the Pentagon's upcoming round of base closures.

Executive Profile: A. Vincent Siciliano

Vince Siciliano calls himeself "the accidental banker." "I thought it was only going to be for a year," he said, "and here I am, 30-plus years later, and still a banker."

Shipping Business to San Diego

National Steel and Shipbuilding Co. wants to be ready to serve the government when the Pentagon decides what the next-generation military logistics ship will look like.

Small Business Spotlight: Rapid Response Emergency Flood Service, Inc.

Andrew Grabhorn is president and owner of Rapid Response Emergency Flood Service, Inc.

Community Bancorp Pays Top Price for R.B. Bank

Community Bancorp's $33.2 million purchase of Rancho Bernardo Community Bank signifies a bullish market for well-run institutions.

Health Coverage Driving Costs for Firms Big, Small

Here's how fed up small-business owners have gotten over the high cost of health care: a majority of them sampled in a new survey support a government-run program similar to the one used in Canada.

San Diego Still in the Running for Stem Cell Center

San Diego's chances of hosting the prestigious California Institute for Regenerative Medicine improved after a site selection committee on Monday gave its proposed headquarters the highest score among four competitive site visits, pushing it into the fina

Bersin To Lead State's Education Department

Alan Bersin, the controversial superintendent of the San Diego Unified School District, has been appointed as secretary of education and to the state Board of Education by Gov. Arnold Schwarzenegger.

If This Mogul Is Worried, Perhaps You Should Be Too

If This Mogul Is Worried, Perhaps You Should Be Too

Construction Journal

Contract Awards and Construction Milestones

Depressing Depreciation In Tax Code

Depressing Depreciation In Tax Code

Tenant-in-Common Deals Taking S.D. By Storm

A fair amount of buzz is surrounding a quickly growing but largely overlooked aspect of the real estate industry: tenant-in-common, or TIC, transactions.

High-Profile Advertising Firms Set Merger Plans

San Diego-based advertising agency owners Tom DiZinno of DiZinno Thompson and Michael Mark of NYCA have announced the two firms will merge.

Lender Reports Rise in Income

Accredited Home Lenders Holding Co., the San Diego-based lender specializing in subprime mortgages, reported net income of $3.3 million for the first quarter.

Finance Firm Opens San Diego Office

CNL Securities Corp. opened an office recently in Downtown's Symphony Towers that will serve as the hub for the company's West Coast sales associates.

Managers Make Upgrades To Impress TOBY Judges

It's approaching that time of year when the annual TOBY Awards descend upon San Diego, prompting office building property managers throughout the region to scramble to showcase their buildings in the most favorable light possible.

Red Tape Still Tangling Medical Professionals

As the onslaught of rules and regulations continues to descend on small businesses, other businesses are finding opportunities to provide correlating services.

Unsung Legal Administrators Hold Firms Together

The job of the legal administrator has evolved greatly in the two decades Patti Lane has plied her trade.

Week in Review

Top Business News: April 22-28, 2005

Older Crowd Helping Bandar Eateries Expand

While many of Fifth Avenue's clubs and bistros in the Gaslamp Quarter cater to Gen X'ers, a pair of Fourth Avenue restaurateurs credit the expansion of their business with focusing on the older boomers.

Convention Center Looks to Offer More Discounts

Some latecomers looking for a good deal on a meeting facility may find themselves in luck at the San Diego Convention Center if a plan to offer additional rental discounts passes muster with City Hall.

Big Board Has New Meaning for Merging Banks

With four directors from Legacy Bank taking seats on its board of directors, Landmark National Bank will have the largest bank board in the county.

Special Election Set

The San Diego City Council voted on May 2 to hold a special election July 26 to choose a replacement for Mayor Dick Murphy, who resigned a week ago.

Details of a Mushroom Present a Challenge

There are common issues most every restaurant owner faces, such as food safety and employee turnover. But the nuances of a mushroom?

Family Businesses Should Consider a Council

Question: I work with my family; how do we not bring the boardroom to the dining room table and vice versa?

San Diego People

Key Hires and Promotions; Awards and Recognition; Philanthropy; Executive Spotlight: Kendra Hall

Bracing for BRAC

On May 16, the Defense Department is expected to release a list of bases and installations it would like to shutter or realign, all in an effort to save money. It is then that the fight to save local installations enters a new phase.

Port May Hike Passenger Fees To Raise Funds

Operating on a budget that won't cover the cost of a new cruise ship terminal , much less some long overdue repairs , the San Diego Unified Port District has come up with a plan to pay for capital improvements.

Podcasting an Option To Retain Listeners

As local radio programmers struggle with ways to combat satellite broadcasts and personal music players such as iPods, local public broadcasting station KPBS-FM hopes to retain and lure listeners to its station by offering podcasting services.

Firm Lends Hand to Semiconductor Manufacturers

Part of General Electric Commercial Finance, Global Electronics Solutions provides leasing and financing on multimillion-dollar machines used to produce components that are contained in all manner of machinery and products.

Progress Report

Sales and Leases

VC Investments Drop By 61 Percent in 1st Quarter

Venture capital investors were putting significantly less money into San Diego-based companies in the first three months of this year.

Maquiladoras See an Uptick in Employment

Mexico's maquiladora plants are growing employment after several years of decline.

Temecula Valley Bank to Expand in North County

Longtime North County banker Don Schempp has joined Temecula Valley Bank and is charged with opening a Carlsbad office.

Biz Leaders Saw Writing on the Wall for Murphy

Business leaders saw the writing on the wall for Mayor Dick Murphy, who announced that he will resign effective July 15.

Bankruptcy Law May Give Collectors Headaches

The get-tough bankruptcy overhaul signed by President Bush last month should be a bonanza for collection agents, given that the law is aimed at coaxing consumers to pay off their bills rather than just walking away.