Stories for November 2005
Wednesday, November 30
Report Tallies Cost of Living
A new report by the Center for Policy Initiatives, a local nonprofit think tank, provides data about the escalating price of living in San Diego.
Champion-Cain Resigns From Board
Gina Champion-Cain, appointed to the Centre City Development Corp. board on June 29, is resigning due to a potential conflict of interest.
Sanders Names Team Members
Ronne Froman, recently tapped as Mayor-elect Jerry Sanders' chief operating officer, was appointed by the San Diego City Council as city manager through the end of this year. Sanders recently introduced other members of his team.
Tuesday, November 29
Acquisition on Tap for SeraCare
Oceanside-based SeraCare Life Sciences, Inc. announced Nov. 29 that it plans to acquire certain assets of Serologicals Corp. for $3.7 million plus the assumption of liabilities.
Medical Equipment Maker Heads to S.D.
A private company that makes positron emission tomography scanners is relocating its headquarters to San Diego.
Colliers Grows By Acquisition
Colliers Macaulay Nicolls Inc., a real estate services company with offices in San Diego, announced it has closed a deal to buy a majority stake in the Los Angeles-area commercial real estate firm of Colliers Seeley International, Inc.
Monday, November 28
Construction Journal
Contract Awards and Construction Milestones.
For the Record
Business Events Calendar: Nov. 29 - Dec. 5
Fast-Growing Firms Borrow to Grow More
Despite an environment of rising interest rates, many fast-growing companies have no trouble finding agreeable loan rates, according to a recent survey.
Credit Union's Success Only Part of Story
San Diego County Credit Union passed $3 billion in total assets during the past quarter, more than every other credit union and commercial bank based here except for one.
Small Business Spotlight: HERAE, LLC
Jim Ribelin, founder and John Fessler, chief executive officer of HERAE, LLC.
Cunningham Resigns
With tears in his eyes, Rep. Randy "Duke" Cunningham resigned his office Nov. 28, after pleading guilty to receiving $2.4 million in bribes from defense contractors.
Becoming Global-Proof in a Flat World
Becoming Global-Proof in a Flat World
Border Officials Book Hearing on Otay II Port of Entry Plan
U.S. and Mexican officials will come together in a community forum next month to discuss the proposed Otay II Port of Entry.
Small Business Help Line
Question: What is a professional relationship in rapport and how long does it take to create one?
USD Has Blueprint for Graduate School Success
The Thanksgiving House Project brings the business community and USD graduate students together.
Peters Makes Council Appointments
The San Diego City Council named Councilman Tony Young as president pro tem in one of several votes on committee assignments Nov. 28.
Lawmakers Consider Possibility of Two Tribes Gaming on One Site
Federal legislation , now in its draft form , would make things easier for one American Indian band to invite another band to operate a casino on its reservation.
Firm Courting Overland Decides to Back Away
Overland Storage, a San Diego-based maker of data storage products, is probably breathing a bit easier these days on the news that its unwanted suitor has given up its quest to buy the company.
Hilton Price: $91.2 Million
LaSalle Hotel Properties has stated that it is acquiring the 357-room Hilton San Diego Resort for $91.2 million.
Accrediting Agency Under Fire for Sale Of Patient Data
A hospital accrediting agency considered the industry's gold standard is backing away from a controversial plan to sell hospital and patient data to insurance companies.
Creating Harmonious Relationships Through Rapport
Question: What is a professional relationship in rapport and how long does it take to create one?
Kitty Hawk's Replacement Won't Come From S.D.
A Navy aircraft carrier will head to Japan in 2008, with the move possibly impacting the San Diego area.
Week in Review
Top Business News: November 18 - 23, 2005
Progress Report
Sales and Leases.
Black Friday Crowd Went to Web, Too
People not only gravitated to the shopping malls on Nov. 25, the Friday after Thanksgiving. They flocked increasingly to e-commerce sites.
Let the Holiday Festivities Begin
Event planners, florists, caterers, entertainers and numerous other small businesses pick up the pace during the holiday season.
That Boom You Hear Is Coming From S. County
The labor force in San Diego's South County is growing twice as fast as the region as a whole , creating an economic opportunity for new industries and the higher paying jobs that come with them.
Sex Ed Takes on New Meaning in the Workplace
Starting Jan. 1, certain California businesses must provide their supervisors with two hours of sexual harassment training every two years.
Proxy: American Technology Corp.
American Technology Corp.
New, Larger Jetta Doesn't Drive With the Old Spunk
New, Larger Jetta Doesn't Drive With the Old Spunk
High Costs Stifling Region's Potential
Anti-business policies, the high cost of living, the need for a new airport , and a new attitude in Sacramento , are among the challenges facing San Diego. But the forecast for 2006 has some bright spots.
Visit Doctor for Stem Cell Therapy? It May Happen
Chris Calhoun believes it won't be uncommon one day for patients to walk into a doctor's office for stem cell therapy and in a matter of a couple of hours, walk out ready to return to the daily grind.
Segway Gives Visitors a New Look At Coronado
There's a new way to tour San Diego's scenic waterfronts , aboard a Segway Human Transporter, courtesy of Norm Funk, one of Coronado's newest small business owners.
North County Home Prices Take a Slight Hit
The real estate bubble might not be bursting in San Diego, but one survey says single-family detached and single-family attached home prices in North County dipped to $555,000, from $565,000 in September.
Chinese Banks Find Acquisition Opportunities
Two Chinese American banks in California are locked in a bidding war to buy a small financial institution in New York, part of a scramble to increase market share and buy up small banks with niches in growing Chinese communities.
San Diego People
Key Hires and Promotions; Awards and Recognition; Philanthropy; Executive Spotlight: Bill Koska
Corrections
For Nov. 21, 2005.
Careful, Boys and Girls; You're in Chinatown Now
Careful, Boys and Girls; You're in Chinatown Now
New SAIC Exec Has Ties to Titan
Mark Sopp, former chief financial officer and treasurer at Titan Corp., joins Science Applications International Corp. as CFO and executive vice president.
SDSU Officials Balk at Playboy 'Party' Ranking
SDSU officials balk at Playboy 'Party' Rating
Landmark Bank CEO Steps Down
Longtime local banker Ron Carlson retired as chairman and chief executive officer of Solana Beach-based Landmark National Bank, and was replaced by Rick Mandlebaum as CEO, the bank announced.
Executive Profile: Sandra Marshall
Sandra Marshall, the chief executive officer of EyeTracking Inc., has developed an algorithm that measures how hard people are thinking by observing tiny fluctuations in their pupils' dilation.
Wednesday, November 23
AMCC Now Calls Sunnyvale Home
Applied Micro Circuits Corp., a maker of high-speed microchips used in telecommunications networks, said it has moved its corporate offices from Sorrento Mesa to Sunnyvale.
Ewell Headed to Santa Monica
San Diego City Manager Lamont Ewell, 52, announced his resignation on Nov. 23 to become Santa Monica's city manager.
Bowl Match-Up: Navy, Colorado State
The football teams of the U.S. Naval Academy and Colorado State University were named as the competitors for the inaugural San Diego County Credit Union Poinsettia Bowl on Dec. 22 at Qualcomm Stadium.
Court Rules CCDC Violated Brown Act
The Centre City Development Corp., which oversees redevelopment in Downtown San Diego, violated the Brown Act by meeting in closed session with legal counsel to discuss eminent domain litigation.
Petco Revises Forecast
Petco Animal Supplies Inc., the San Diego-based pet retail chain, reported third quarter net income of $13.1 million on revenue of $492.3 million.
Tuesday, November 22
Peters Will Be Council President
The San Diego City Council on Nov. 22 unanimously elected 1st District Councilman Scott Peters as its president, just as the city is gearing up for a few big changes.
Landmark Bank CEO Retires
Longtime local banker Ron Carlson retired as chairman and CEO of Landmark National Bank in a move that was announced Nov. 22, but took effect Nov. 16.
City Vows Action On Debtors
Debtors might not be locked in stocks on the village green anymore, but San Diego City Attorney Michael Aguirre has instituted a 21st century version the Web site.
State Sues Sempra a Second Time
Sempra Energy faced a second lawsuit from California Attorney General Bill Lockyer within the space of a week.
Monday, November 21
Take Steps to Ensure Profitable Relationships
Question: How do relationships affect your profit margin?
Internet Sell a Real Deal for Online Sellers
Online commerce can be confusing and intimidating for the less-than-savvy computer user. Enter Internet Sell, a new Vista store at 3295 Business Park Drive.
Small Business Help Line
Question: How do relationships affect your profit margin?
Energy Costs Prompt Eateries To Brace for a Pricey Winter
With natural gas prices expected to approach the highs they hit during the state's 2000-01 energy crisis, Edwin L. Hom, food and beverage manager at Taste of Szechuan, worries about the potential impact on his monthly bill.
Construction Journal
Contract Awards and Construction Milestones
Outdated Voting Systems Still Cause Concern
Outdated Voting Systems Still Cause Concern
Small Business Spotlight: School of Healing Arts
Seymour Koblin, owner-founder, School of Healing Arts.
For the Record
Business Events Calendar: Nov. 22 - 28
Project Ushers in New Era for Condos and Hotels
The Diegan, billed as San Diego's first "condo hotel," officially broke ground Nov. 10 on Fifth Avenue at the northern end of the Gaslamp Quarter.
Azteca America Joins Crowded Hispanic TV Market
ABC affiliate KGTV Channel 10 and its parent company, McGraw-Hill, announced Nov. 15 that it purchased Azteca America San Diego for an undisclosed price.
San Diego People
Key Hires and Promotions; Awards and Recognition; Philanthropy; Executive Spotlight: David Schull
Hotel Redevelopment Not Your Typical Hobby
Simon Andrews, who teamed up with his brother, Ruben, to purchase and renovate a 1920s building that now houses the 54-room Hotel Occidental in San Diego's Uptown, says they're not typical developers.
Progress Report
Sales and Leases
Asset-Based Loans Offer Firms Flexibility to Grow
SMS Technologies, a San Diego-based contract electronics manufacturer, has revenues that should reach $68 million this year, yet the growing company doesn't have a conventional bank loan.
Week in Review
Top Business News: November 11 - 17, 2005
City Attorney on Board With Hotel Room-Tax Plan
A sometimes contentious city attorney who recently threw cold water on a proposal for a tourism business improvement district that could help market San Diego as a destination appears to have changed his tune.
Downtown San Diego Getting More Retail Space
Downtown San Diego's retail market is "hot and getting hotter," according to Burnham Real Estate's most recent report.
Southwest Tops SBA's Small-Biz Loan List
The latest numbers released by the U.S. Small Business Administration are generally cause for crowing by lenders that made the most loans during the last fiscal year.
Executive Profile: Kevin Carroll
Kevin Carroll, executive director for the local chapter of AeA, says the tech wreck wasn't all bad. "In a lot of ways, it made the industry much stronger," he said.
As Holidays Near, Lots of Money Will Be Left on the Table
Although analysts are projecting a modest 5 percent to 6 percent gain in holiday sales this season, retailers are worried that high gas prices and higher interest rates will affect consumer buying habits.
Horton Hears a Cha-Ching!
Downtown San Diego seems to have gone full circle, with retailers clamoring to get a piece of this hip, happening place.
Military Cuts in D.C. Likely to Cause Ripples Locally
With the Pentagon signaling that budget cuts are coming, some local defense contractors are nervous.
Breaking the Cycle of Abuse And Poverty
Breaking the Cycle of Abuse And Poverty
Proxy
Immune Response Corp.
LG Mobile Plants Its Roots in New S.D. Facility
LG Mobile Phones has expanded its San Diego-based U.S. headquarters, opening a new 38,000-square-foot building Nov. 14.
Merry X-Ray Grows By Acquisition
San Diego-based Merry X-Ray Corp. announced Nov. 21 that it acquired Mentor, Ohio-based SourceOne Healthcare Technologies, Inc.
Area Dailies Report Drop in Circulation Numbers
San Diego print journalists beware. County residents appear to be losing at least some interest in daily newspapers.
Protests Cause Center to Rethink Planner Pact
The San Diego Convention Center Corp. has backed away from a plan to give a destination management firm a "preferred" status in exchange for a fee following a firestorm of protest.
Builders Find the South Is Rising Again
National City, Chula Vista and its neighbors seem to be enjoying a major renaissance these days. One executive calls the region "one of the most viable areas in the county."
S.D. Biotech's Shareholders Question Firm's Candor on Drug
Some stockholders of Avanir Pharmaceuticals, Inc. are questioning the forthrightness of the company's management.
McDonald's Impact On County: $95 Million Per Year
An economic study commissioned by McDonald's found the county's 122 restaurants collectively spend $95.4 million on payroll, benefits, supplies and services.
Friday, November 18
Unemployment Creeps Upward
San Diego's unemployment rate increased to 4.4 percent in October, up from 4.2 percent in September, according to the latest report from the state's Employment Development Department.
Bank's Income Edges Higher
San Diego National Bank reported net income of $10.6 million for the third quarter.
HP Fourth Quarter Profit Falls
Palo Alto-based Hewlett Packard Co. reported net earnings of $416 million on sales of $22.9 billion for the quarter ended Oct. 31.
TEC Members Celebrate Feat
Two local companies that are members of TEC International, the San Diego-based organization aimed at helping chief executive officers, landed on this year's Inc. magazine list of 500 fastest growing private companies.
Thursday, November 17
Private Sector Beckons Port Official
Kevin Arner has resigned his position as the director of maritime trade development for the San Diego Unified Port District to accept a job with Oakland-based Matson Navigation Co.
Bank to Sell Casino Services Unit
Borrego Springs Bank, a $112 million asset bank owned by the Viejas Band of Kumeyaay Indians, said it has agreed to sell its Indian Gaming Services to Cash Systems Inc., based in Las Vegas, for $12 million in cash and stock.
SpaceDev Proposal Aims High
Poway-based SpaceDev took the wraps off a concept for a six-passenger space vehicle and reported a new Air Force contract.
State Sues Sempra
State Attorney General Bill Lockyer has sued Sempra Energy Trading, alleging the Sempra subsidiary manipulated wholesale electricity prices during the 2000-01 energy crisis.
Wednesday, November 16
Ericsson Funds University Chair
Ericsson, the $16 billion telecommunications company based in Sweden, has endowed a professorship at UC San Diego.
Ground Broken on Workforce Housing
Paradise Walk billed as the first partnership in San Diego between a developer and a major employer to provide workforce housing broke ground Nov. 15 at 8th Street and Arcadia Place in National City.
City Offers De La Fuente Settlement
The city of San Diego is offering to settle a long-standing legal battle with Roque De La Fuente for $50 million that would include the settlement of two pending lawsuits.
Big Macs Make $95M Impact
An economic study commissioned by McDonald's owners found the county's 122 restaurants collectively spend $95.4 million on payroll, benefits, supplies and services.
New Trolley Work Goes to Parsons
Parsons Corp., a Pasadena-based engineering firm with an office in San Diego, will conduct preliminary studies for a San Diego Trolley extension from Old Town to UC San Diego and University City.
Tuesday, November 15
Median Home Price at $513,000
The median home price in San Diego County broke the half-million-dollar ceiling in October, rising from a September price of $498,000 to $513,000.
National Acclaim For Gen-Probe
President Bush has named San Diego's Gen-Probe, Inc. a winner of the National Medal of Technology the nation's highest honor for technological innovation.
KGTV Unveils Spanish Programming Plans
San Diego's ABC affiliate KGTV Channel 10 will attempt to tap into the region's Spanish-speaking market with Azteca America.
Harbor Island Sheraton Part of $4B Deal
Host Marriott Corp. announced Nov. 14 that it will acquire 38 luxury and upscale hotels, including the 1,044-room Sheraton San Diego Hotel & Marina on Harbor Island.
Monday, November 14
Creating aWi-Fi Wonderland
Creating aWi-Fi Wonderland
Venture Capitalists Find Biotechs Worth the Risk
Startup drug development companies in San Diego that attracted the most money from investors in the third quarter are pursuing a wide array of cures.
Attorney Examines 'High Conflict Personalities'
"No one has analyzed the cost to business of high-conflict people," said William A. Eddy, a San Diego attorney, mediator and clinical social worker who has written a new book devoted to such personalities.
Small Business Help Line
Question: How do you build trust with clients?
Emerald Plaza Sold
Emerald Plaza, a 364,000-square-foot Class A office tower in Downtown San Diego, has been sold by Triple Net Properties, LLC, of Santa Ana, to RREEF for more than $123 million.
Technology Made Here Helps Ward Off Cruise Ship Attackers
A cruise ship attacked by pirates off the East African coast escaped the incursion with the help of technology invented in San Diego.
SoCal Company Battles Rivals Tooth and Nail
Realys Inc. has been making nail files in Huntington Beach for 20 years. These days, making anything in California is costly. But the big challenge is China.
City Officials Confirm Mission Bay Hotel Sale
The sale of one of the city's major waterfront hotels , the 357-room Hilton San Diego Resort on Mission Bay , is apparently nearing completion.
Sempra's Business on the Line as Trial Over Energy Crisis Begins
The economic future of Sempra Energy, the region's largest energy provider and a major San Diego employer, could hinge on a jury's choice of adjectives.
For the Record
Business Events Calendar: Nov. 15 - 21
Cultivate the Trust Factor With Clients
Question: How do you build trust with clients?
Patriot Ends Year With $10 Million Licensing Agreement With Intel
Patriot Scientific Corp., a San Diego-based firm that owns technology patents for a variety of microprocessors, said in its most recent quarterly financial report that it has entered into a $10 million licensing agreement with Intel Corp.
Taking a Cannon Shot at the Local News
Taking a Cannon Shot at the Local News
Executive Profile: Anton Zajac
Few embody the spirit of the American dream more than Slovakia-born Anton Zajac, the founder, president and chief executive officer of Eset, LLC.
Executives' Support Helps S.D. Firms SCORE
Counselors to America's small business provide advice for companies.
$20M Center Breaks Ground in Southeast S.D.
The $20.5 million Joe and Vi Jacobs Community Center will be the centerpiece of Market Creek Plaza, the commercial and cultural center at Market Street and Euclid Avenue.
Construction Journal
Contract Awards and Construction Milestones
SYS Finds Logic In Acquisition
SYS Technologies Inc. has acquired Logic Innovations, Inc., a local firm that provides technology that speeds the delivery of digital files, for $4 million in cash and SYS stock.
Small Business Spotlight: NetResults Technology Group, Inc.
Todd Wexler, president, NetResults Technology Group, Inc.
Company Hits New Benchmark With Bosa Deal
Poway-based Benchmark Landscape Inc. will get the opportunity to work on the Electra residential tower's fifth-floor courtyard, as the company received the project's landscaping contract, which is worth about $200,000.
Tri-City Staff Joins State's Largest Nurses Union
Nearly 700 nurses at the Tri-City Medical Center in Oceanside unionized this month, the California Nurses Association announced recently.
California Teacher Stats Just Aren't Adding Up
California Teacher Stats Just Aren't Adding Up
Employees Likely to Be Kept By Metabolife Buyer
Ideasphere, Inc., the New York nutritional supplement company that acquired most of the assets of Metabolife International this month for a 50 percent discount from its original purchase price, said it will close Metabolife's manufacturing plant and distr
Week in Review
Top Business News: November 4 - 10, 2005
Ford's SUV Revamp Has Explorer Blazing New Trails
Ford's SUV Revamp Has Explorer Blazing New Trails
San Diego People
Key Hires and Promotions; Awards and Recognition; Executive Spotlight: Thomas Carter
Proxy
Neurocrine Biosciences, Inc.
Business Sends First Memo to New Mayor
San Diego's newly elected mayor will not only be expected to clean up the financial mess at City Hall, but be able to think and act globally as well, according to the wish list of some of San Diego's business and industry leaders.
Convention Center Mum on Event Planner Firm
Several destination management companies asked by the San Diego Convention Center Corp. to submit initial proposals , basically a show of interest , to be a "preferred" vendor in exchange for a commission protested the plan by banding together to abstain
Firm's Owner Not Crying Now Over Spilled Drinks
Small-business owner Michelle Zafiropoulos is living proof that inspiration in business can come from unexpected places, including an embarrassing backyard mishap usually reserved for sitcoms.
Dynamic Duo Making Mark on Jeans World
Welcome to the frenetic and quite unlikely world of Chip and Pepper, who run Vernon-based L.A. Lab Inc., a jeans maker and retailer whose visibility within the local fashion community far eclipses its annual sales.
Qualcomm Now a Sellout for Chargers' Home Games in 2005
Chargers fans who cannot afford or prefer not to attend pro football games in person can breathe easier with news that the team has sold out its remaining four home games, which allows the games to be televised locally.
Trying to Build a Head of Steam
Closed for decades, the binational rail line between Downtown San Diego and Imperial County has carried a modest amount of freight this year.
Fitness Franchise Is Flexing Its Muscle With 30 New Stores
Max Muscle, a national franchise company that sells vitamins and other performance enhancers, announced plans this month to open 30 to 40 new stores in the San Diego area within the next three years.
UCSD Considers Altering Clinical Trial Procedures
UC San Diego's program that oversees protection of humans in clinical trials is facing a decision that could affect how fast and easily some drugs get on the market.
Unions Plan to Make Push at Large Hotel Projects
The possibility of organizing workers at two proposed hotels has prompted one labor leader to forecast increased unionization in the county's hospitality industry.
Progress Report
Sales and Leases
Action-Minded
Some of San Diego County's healthiest small businesses make their money from the sporting life.
Who's Hu? He's a Man on the Move Worldwide
Who's Hu? He's a Man on the Move Worldwide
State Post for NTDStichler Exec
Jon Baker, 50, of San Diego has been appointed to the California Architects Board by Gov. Arnold Schwarzenegger.
Friday, November 11
Halozyme Reports Loss
Halozyme Therapeutics, Inc. announced its net loss increased slightly to $3.7 million in the third quarter of 2005 from $3.3 million for the same period in 2004.
Thursday, November 10
SYS Finds Logic in Acquisition
SYS Technologies Inc. said Nov. 9 it acquired Logic Innovations, Inc., a local firm that provides technology that speeds the delivery of digital files, for $4 million in cash and SYS stock.
Zucchet Acquitted on Seven Charges
Former San Diego City Councilman Michael Zucchet, who represented the 2nd District until his resignation in July, was acquitted on Nov. 10 of seven wire fraud and extortion charges in U.S. District Court.
Leap Shares Rise on Earnings News
Leap Wireless International Inc. reported a net loss of $7.6 million on revenue of $20.5 million for its third quarter ended Sept. 30.
Law Pays Well in San Diego Market
San Diego's legal salaries are about 15 percent higher than the national average, according to the San Diego office of the Robert Half staffing services company.
Wednesday, November 9
Government Move Draws Supplement Maker's Ire
A local dietary supplement company says it will file a lawsuit against the Food and Drug Administration following the agency's denial of a marketing claim.
Clark Gets VA Earthquake Safety Work
A contract valued at more than $52.2 million has been awarded by the U.S. Veterans' Affairs Department for work on seismic upgrades at the Veterans' Affairs Medical Center in San Diego.
Sanders Wins San Diego Mayor's Race
Jerry Sanders, former San Diego police chief, will be the city's new mayor come December, winning more than 53 percent of the vote to San Diego City Councilwoman Donna Frye's 46 percent in a special election Nov. 8.
Tuesday, November 8
Passenger Count Rises at Lindbergh
Lindbergh Field saw an 8.7 percent year-over-year increase in passengers during September, according to the most recent summary of airport operations by the San Diego County Regional Airport Authority.
Region Ranks Best on Real Estate Study
San Diego rose to the top of PricewaterhouseCoopers' and Urban Land Institute's 2006 Emerging Trends in Real Estate study, billed as "the most predictive forecast" for the real estate market.
Airline's New Stop: the Courthouse
The parent company of a low-fare startup airline that served Lindbergh Field for about five months this year Independence Air announced Nov. 7 that it filed for Chapter 11 bankruptcy.
Powell, Fiorina to Offer Perspective
At its annual convention Nov. 9-11 at the San Diego Convention Center, the Commercial Finance Association hired a trio of high-powered speakers, including former Secretary of State Colin Powell.
Monday, November 7
No. 7 , David Copley
David Copley
Smart Growth Fund Levels Local Housing Costs
San Diego's push for smart growth and urban infill projects got a huge shot in the arm with the closing of a $90 million equity fund intended to spur construction of about a half-billion dollars in affordable housing.
For the Record
Business Events Calendar: Nov. 8 - 14
Downtown Hotel Puts Emphasis on Artwork
Guests who stay at the U.S. Grant Hotel, once its renovation is completed, may buy original pieces of modern art right off the walls of their room, if they so desire.
No. 20 , Walter J. Zable
Walter J. Zable
No. 25 , Richard Heckmann
Richard Heckmann
Sempra Earnings Dip as Energy Firm Boosts Reserves
Sempra Energy's third-quarter 2005 earnings slipped to $221 million (86 cents per diluted share), down $10 million from 2004, the company announced Nov. 2.
Fund-Raising Groups Receive Honors for Efforts
The San Diego chapter of the Association of Fundraising Professionals will honor two organizations and six people at a luncheon Wednesday.
Deal Puts Defense Firms Under One Contract Roof
Deal puts defense firms under one contract roof.
No. 16 , Gerald Parsky
Gerald Parsky
Executive Profile: Sue Major
Sue Major is obviously not afraid of big projects. With partner Stacey Davenport, Major is in the middle of establishing her own business. Then there is that unusual home-improvement project.
Training Program Targets Evacuees
Manpower San Diego and the San Diego Workforce Partnership are managing a job training program aimed at helping Hurricane Katrina evacuees living in the area.
Small Business Help Line
Question: How can I handle low-level sexual harassment situations before they become full-fledged policy violations?
Welcome to the Club: Local Billionaires List Adds 3 New Names
Welcome to the Club: Local Billionaires List Adds 3 New Names
Buying Now, Paying Later Skews the Holiday Picture
Buying Now, Paying Later Skews the Holiday Picture
Progress Report
Sales and Leases
No. 11 , William Lerach
William Lerach
Fuel Supply Challenges Await as Government Idles
Fuel Supply Challenges Await as Government Idles
Economists Gaze Into Crystal Ball for '06 Forecast
Thanks to a still-expanding housing market, the economies of both San Diego and California have done well this year, though next year may be a different story.
No. 19 , Richard Sulpizio
Richard Sulpizio
Officials Eye Sun To Clear Health Records Cloud
Regional medical officials say access to health care could greatly improve if the medical community commits $1.2 million to install a central electronic health record system.
No. 4 , Sidney Frank
Sidney Frank
No. 21 , Robert Price
Robert Price
San Diego People
Key Hires and Promotions; Awards and Recognition; Philanthropy; Hurricane Katrina Donations and Fund Raising; Executive Spotlight: Scott Cook
For the Record, Half of Home's List Price Will Do
A local residential real estate record may be broken soon. A 10,700-square-foot beachfront home in Del Mar is being listed for $50 million.
From Nuclear Power to Predator, Business Soars For General Atomics
From nuclear power to Predator, business soars for General Atomics.
McMillin Capital Closes Third Fund
McMillin Capital, part of the Corky McMillin Cos., said it recently closed a third real estate private equity fund that totals $47.6 million.
No. 23 , Robert Beyster
Robert Beyster
No. 24 , Jenny Craig
Jenny Craig
Companies Warned to Plan for the Flu Season
Telecommuting, encouraging sick employees to go home and subsidizing flu vaccinations might be the answer to combating the flu for businesses across the country.
Gaylord CEO Says Event Center in Chula Vista Would Boost S.D. Tourism
The top executive of a major entertainment entity looking to build a massive hotel and convention center on Chula Vista's waterfront says he's confident that such a project will boost tourism in the county.
No. 8 , Audrey Geisel
Audrey Geisel
Going Back Into the Heart of Darkness
Going Back Into the Heart of Darkness
Construction Journal
Contract Awards and Construction Milestones
RSM to Keep Staff Following Deal
RSM McGladrey said its acquisition of American Express Tax and Business Services completed in August should not result in any layoffs at the purchased firm.
Veterans Find New Path To the American Dream
Joseph Lewis is one of several San Diegans to enter the small business community after receiving an honorable discharge from the military thanks to VetFran, a national incentives program.
No. 10 , John J. Moores
John J. Moores
No. 22 , Masood Tayebi
Masood Tayebi
Proxy , Novatel Wireless, Inc.
Novatel Wireless, Inc.
San Diego Foundation Provides Anonymous Path to Philanthropy
San Diego Foundation provides anonymous path to philanthropy.
WealthTV Takes Unique Approach to Rich, Famous
San Diego-based WealthTV takes a unique approach to the rich and famous.
No. 6 , Ted Waitt
Ted Waitt
No. 13 , Sol Price
Sol Price
No. 2 , Charles Brandes
Charles Brandes
No. 9 , Katherine B. Loker
Katherine B. Loker
No. 18 , Paul Jacobs
Paul Jacobs
San Diego Billionaires Club Grows to Seven
After weeks of research, the
Qualcomm Goes After Nokia
San Diego-based Qualcomm Inc. and a subsidiary have sued Nokia Corp., alleging patent infringement violations of the companies' second-generation cell phone technologies.
Port Officials Insist They Think Outside The Box Literally
Port district officials are thinking outside the box, literally, trying to lure shippers sending non-containerized goods and produce. Their efforts seem to be working.
No. 14 , Robert Sarver
Robert Sarver
Wealth Spread Across Various San Diego Industries
San Diego's economy, once dependent on tourism and defense, has diversified into several moneymaking sectors, generating lofty paychecks for the region's business leaders.
No. 5 , Irwin M. Jacobs
Irwin M. Jacobs
Downtown Weighs in on Graham
Nancy Graham, the CCDC's new president and chief operating officer, will be ushering in a new era for Downtown San Diego.
Set, Follow, Enforce Sex Harassment Policy
Question: How can I handle low-level sexual harassment situations before they become full-fledged policy violations?
No. 12 , Andrew Viterbi
Andrew Viterbi
No. 15 , Martin Wygod
Martin Wygod
Week in Review
Top Business News: October 28 - November 3, 2005
No. 3 , Margaret Cargill
Margaret Cargill
Office Market Approaches 2M Square Feet Absorbed
San Diego's office market was surging during the third quarter, with leasing activity that included 633,000 square feet of space absorbed.
Public Relations Pros Honor Industry's Best Locally
Public relations pros honor industry's best locally.
No. 1 , Ernest Rady
Ernest Rady
Small Business Spotlight: Health Dimensions, LLC
Rodell Jackson, owner and director, Health Dimensions, LLC.
No. 17 , Conrad Prebys
Conrad Prebys
Seacoast Fills President Spot With Banking Vet
Seacoast Commerce Bank fills the president's spot with a banking veteran.
Amylin's Drug Byetta Misses Mark
Amylin Pharmaceuticals, Inc. reported that its diabetes drug Byetta, which analysts have projected to be a multibillion-dollar-a-year "blockbuster" status drug, fell behind sales predicted by analysts.
Qualcomm Ends Fiscal Year on a Positive Note
Qualcomm Inc. closed the its 2005 fiscal year with $2.1 billion in net income, a 25 percent increase from 2004, fueled by worldwide sales of high-speed cell phones.
Friday, November 4
Charlotte Russe Wraps Up Another Year
Apparel retailer Charlotte Russe Holding, Inc. reported net income of $6.1 million on net sales of $179.9 million during the quarter ended Sept. 24.
Thursday, November 3
Report Anticipates High-Speed Rail
A state agency has approved a preliminary environmental study for a proposed, 700-mile high-speed rail line from the San Francisco Bay Area to San Diego.
ViaSat Revenues, Earnings Rise
ViaSat Inc., the Carlsbad-based maker of satellite and wireless equipment, reported net income of $6 million on revenues of $104.1 million for its second quarter ended Sept. 30.
City Has Stadium Negotiator
San Diego has hired a legal consultant, Paul Jacobs, as part of a negotiating team to talk with the San Diego Chargers regarding the football team's proposal for a new stadium in Mission Valley.
Olympus Pumps Money Into Cytori
San Diego-based Cytori Therapeutics has scored a multimillion-dollar contract with Japan-based high-tech company Olympus Corp.
ProFlowers Parent Nips Net Loss
Provide Commerce Inc., the San Diego-based parent firm of ProFlowers.com, reported a net loss of $23,000 on revenue of $26.8 million for its first quarter that ended Sept. 30.
Billing Question Heats Council Session
City Attorney Michael Aguirre pressed hired auditing specialists from Kroll Inc. on Nov. 1 to provide more detailed billing records.
Procopio Called Tops in Trademarks
San Diego-based law firm Procopio, Cory, Hargreaves & Savitch LLP has been named the top San Diego trademark law firm by Trademark Insider, a quarterly publication that tracks the trademark industry in the United States.
Wednesday, November 2
RSM Needs All Hands on Deck
RSM McGladrey said its acquisition of American Express Tax and Business Services, completed in August, should not result in any layoffs at the purchased firm.
Earnings Lower, Outlook Up at Sempra
Sempra Energy's third-quarter earnings slipped to $221 million (86 cents per diluted share), down $10 million from a year ago, the company announced Nov. 2.
'Smart Growth' Investment Fund Unveiled
Public and private agencies have established a fund to provide housing for middle-income households and community-revitalizing commercial projects in urban neighborhoods across San Diego County.
Qualcomm Nets $2B for Year
Qualcomm Inc. reported net income of $538 million on revenue of $1.56 billion during its fourth quarter, which ended Sept. 25.
Tuesday, November 1
25 Years Ago in the Business Journal
From the
S.D. Mayor's Race 'Statistically Even'
Too close to call. That's how the SurveyUSA pollsters of 532 "likely" San Diego voters are describing the horse race between mayoral candidates Donna Frye and Jerry Sanders.
Change Afoot at Hotel Del Coronado
CNL Hotels & Resorts Inc. of Orlando, Fla., has signed a deal to sell its interest in the venture that owns the 679-room Hotel del Coronado, according to