Stories for March 2007

Friday, March 30

Sempra Expects Earnings to Nudge Up in '08, Jump in '11

Sempra Energy executives offered listeners their take on the company's earnings in 2008, and outlined company targets for 2011 during an investor presentation March 29.

Kintera Restructuring to Pare 16 Percent of Employees

Kintera Inc. on March 29 announced plans to lay off 60 employees, or 16 percent of its work force. The announcement came in conjunction with the release of financial statements showing the company had another money-losing year.

Thursday, March 29

Sempra Extends Computer Deal With CSC

Defense contractor and information technology specialist Computer Sciences Corp. announced March 29 that it signed a contract extending an information technology services agreement with Sempra Energy for three years, worth $67 million after all options ar

Legal Settlement Reached in Teledyne Ryan Cleanup

Cleanup of a 44-acre factory site near Lindbergh Field will proceed under a legal settlement announced March 28. Teledyne-Ryan used hazardous materials on the site during decades of aerospace manufacturing.

American Technology Ships $1.5M in Gear

American Technology Corp. announced March 29 that it shipped new orders of long-range acoustic devices and supporting equipment totaling $1.5 million in the fiscal second quarter of 2007.

WFI Asks Nasdaq to Reconsider Delisting

WFI, the company formerly known as Wireless Facilities, announced March 28 that it filed for an appeal hearing with the Nasdaq exchange. Nasdaq officials notified WFI on March 22 that the San Diego company would be delisted from the exchange for not filin

Wednesday, March 28

Bekaert Passes Safety Milestone

San Diego-based Bekaert Specialty Films, which manufactures films for tinting windows, announced March 28 that the company has gone one year without a lost-time accident.

Nexus Biosystems Bags Vertex Pharmaceuticals Deal

Poway-based Nexus Biosystems announced March 28 that Cambridge, Mass.-based Vertex Pharmaceuticals Inc. will use Nexus' storage products to maintain and manage research samples.

Fleet Manager Rumbles Up Road With Networkcar

Networkcar, a San Diego company specializing in wireless vehicle monitoring, announced March 27 that it has inked a deal with Automotive Resources International.

Defense Contractor Alion Drops Anchor in San Diego

McLean, Va.-based Alion Science and Technology announced March 27 that it is opening an office in San Diego to support the company's contracts with the U.S. Navy.

Tuesday, March 27

GoTV Takes a Ride on Ortiva Technology

La Jolla-based Ortiva Wireless announced March 27 that GoTV Networks , the first made-for-mobile TV network , will be using Ortiva's services on a commercial trial basis to deliver its television content to mobile users.

Biosite Has a Suitor in Orange County

Fullerton-based Beckman Coulter Corp. plans to purchase San Diego's Biosite Inc. for $1.5 billion, the companies announced March 25.

Monday, March 26

Ramona National Changes Name on Door to First Business Bank

Ramona National Bank said it was changing its name to First Business Bank, among other changes, signaling efforts to recover from a regulatory consent order issued by the U.S. Office of the Comptroller of the Currency in 2005.

Posh Venue to Feature Anthology Of Good Food, Live Music

Howard Berkson, 49, the chief executive officer of Berkson Realty Advisors LLC, has a knack for spotting market niches.

Brickfish Helping to Raze the Wall Between Clients, Online Customers

A local startup has found a new twist to the art of the publicity stunt.

Fledgling Internet, Mobile Device, Software Firms Led Startups

Surveys rank San Diego County as one of the top five centers for life sciences in the nation.

Solana Beach Still Debating Restrictions on Home Sizes

While just a small majority of voters in the March 6 special election OK'd an ordinance to restrict the size of homes in several neighborhoods of Solana Beach west of Interstate 5, the fight to amend or even kill the law may continue.

Wellness Programs Seen as Way to Stop the Bleeding in Health Care Costs

Area employers sickened by rising health care costs may find relief in a growing number of wellness programs for employees.

Week in Review

Top business news: March 16 - 21, 2007

Residential Construction Continues at Frenzied Pace in National City

National City is in the process of reinventing itself, with both residential and commercial development completed and many others in the pipeline.

City Rolls Out Red Carpet to Developers Bringing Fresh Project Ideas

While builders often complain about how hard it is to get anything done in certain areas of the county, National City is rolling out the welcome mat.

Wal-Mart, Locked Out of San Diego, Planning Supercenters in North County

Wal-Mart, banned from building Supercenters in San Diego in December, submitted applications this month to build two such super-sized stores in North County.

Number of Chinese Bloggers 22 Million, Making Crackdown Impossible

Number of Chinese Bloggers 22 Million, Making Crackdown Impossible

Despite Slowdown in Home Sales, North County Bustling With Projects

The residential real estate market appears to be the barometer for how the economy is doing countywide.

Regional Roundup

Crywolf Computers held its grand opening in a new San Diego storefront on March 17.

Encinitas Tabbed as Second Locale to Treat Cancers Using Gamma Device

Last week, Business Journal readers learned of American Radiosurgery Inc., a local concern that has developed a device for treating brain cancers with gamma radiation.

Two Appointed to Data Processing Board

San Diego Mayor Jerry Sanders announced March 22 the appointments of Edward L. Wong and Moti L. Vyas to the board of directors of the San Diego Data Processing Corp.

Knorr: Better to Light One Little Candle Than To Curse the Darkness

Hidden on the hillsides of Del Mar, along the eastern stretch of Via de la Valle, is a retail business unlike any other in San Diego County. Its specialty is beeswax, lots and lots of beeswax , 400,000 pounds a year, to be exact.

Notices of Defaults on Home Loans Skyrocketing in County

In the fourth quarter of 2006, San Diego County experienced a 169 percent increase in homes receiving notices of loan default from a year ago.

National City's Primed for Revitalization, Hopes to Follow Downtown San Diego, Border Communities

San Diego developer Ray Kafaji hopes to elevate National City from a "C class" community to a "B class" within the next five to 10 years.

Grocery Items Stacked Up for Design-Build Competition

Several local architects and engineers competed in a design-build competition March 16, creating giant works of art made from canned goods and packaged foods.

Executive Profile - Kirt Gilliland

When Kirt Gilliland joined the staff at Irving Hughes, he worked from a card table in the break room for the first six months.

USS Midway Pipes Aboard Prudential Brokers for USO-Themed Event

When it appeared that rain was imminent the morning of Monday, March 19, Matt Robbins, president of The Event Team, a San Diego-based destination management company, which had booked the largest-ever event on board the San Diego Aircraft Carrier Museum, s

WebMD Health Foundation Gives $750K Gift to Senior Centers

WebMD Health Foundation Gives $750K Gift to Senior Centers

Serco Secures Spawar Contract

Serco Inc., a Vienna, Va.-based defense contractor, announced March 26 that the company was awarded a contract from the Space and Naval Warfare Systems Command worth $64 million after exercising all options.

Cashing in on Rays Off to Good Start With Solar Rebate Program

Considering the California Solar Initiative's lofty goal to "put solar on a million roofs in the state" over a 10-year period that began in January, the business of cashing in on the rays is getting off to a decent start, at least in San Diego.

Residents Taking Pride in Community Ownership Drive Revitalization

Community leaders across the nation are paying attention to a program in Southeast San Diego that empowers residents to plan, build and even buy a piece of a commercial redevelopment.

Lawsuit Settlement Leads to Net Loss for Rubio's

Carlsbad-based Rubio's Restaurants Inc. announced a net loss of $4.69 million, or 48 cents a share, including a charge of $4.83 million related to a class action lawsuit settlement, in the fourth quarter.

Tolls to Buy Time, Convenience on 10-Mile-Long South Bay Expressway

The scene outside Greg Hulsizer's Otay Mesa office is a work in progress. In an expanse of freshly moved earth, brand-new tollbooths guard an unfinished highway that stretches north and out of sight.

The Question in Washington: Was San Diego's U.S. Attorney Alberto Gonzales' Sacrificial Lam?

The Question in Washington: Was San Diego's U.S. Attorney Alberto Gonzales' Sacrificial Lam?

Boston's Goodwin Procter Opens Office in UTC

Boston's Goodwin Procter LLP opened an office here this month.

Minorities Paying High Mortgage Rates, Advocacy Group Study Finds

Minorities are paying more for real estate and business loans.

Correction

For March 19, 2007

Independent Linsco/Private Goes Long on Pacific Life's Stock Brokerages

Newport Beach-based Pacific Life Insurance Co. is selling three of its stock brokerages after nearly a year of negotiations.

Acadia Seeking Big-Pharma Partner for Promising Drug

Acadia Pharmaceuticals Inc. is hoping to keep the momentum going after better-than-expected results from a clinical trial for its schizophrenia drug made its stock price double.

San Diego People

Key Hires and Promotions; Executive Spotlight: Todd Miller

Flap Erupts in Little Italy Over Seizure of Business Improvement District Funds

Little Italy merchants and other business operators are seeking answers following the recent seizure of Little Italy Business Improvement District funds by City Attorney Mike Aguirre.

Entrepreneur Profile , Leah Thiss

Every week, Leah Thiss commutes from the San Diego headquarters of BBBS Inc. to the company's second office in Yuma, Ariz.

Local Dot-Com Survivor Proves That The Internet Boom Was Not All Bust

Not all dot-coms were created equal.

Accredited Buys Time, Borrows $200 Million at 13% From Hedge Fund

The subprime mortgage loan debacle ran apace last week as several more lenders to riskier mortgage borrowers bit the dust, and a few more seemed on the verge of expiring.

Friday, March 23

Mission Bay Park Is Tops for Stopping, Says RV Group

According to the Sacramento-based Recreation Vehicle Industry Association, recreational vehicles, better known as RVs, continue to increase in popularity, with more than 8 million on the road today.

Little Italy Association Gets Some Money Back

After its business improvement district funds were seized by City Attorney Mike Aguirre, the Little Italy Association received its March contributions to the funds back in full March 22.

Thursday, March 22

Wireless Facilities Faces Class Action Lawsuits

A class action lawsuit has been filed against San Diego-based Wireless Facilities Inc. and certain directors and officers on behalf of company shareholders, a law firm announced March 22.

MaintenanceNet in New Digs

MaintenanceNet Inc., a company offering computer-maintenance contract management services, has opened a new, larger headquarters in Carlsbad.

Broadcom Declares a Victory Against Qualcomm

In the latest in an ongoing squabble between chipmakers Broadcom Corp. and Qualcomm Inc., a federal district court in San Diego found that Qualcomm could not enforce its patents on video compression technology.

Wednesday, March 21

Poll: Many Against Proposed Chargers Stadium Project

Nearly half of San Diego County residents responding to a recent survey are opposed to the San Diego Chargers building a new football-only stadium, according to a poll conducted on behalf of the San Diego Institute for Policy Research, a think tank founde

Much-Diminished Advanced Marketing Services Loses Leader

Advanced Marketing Services Inc., the bankrupt San Diego book distribution company, said CEO Gary Rautenstrauch, who came on board last year, resigned March 21 following the completion of the sale of the majority of its assets to a rival book distributor,

Connect-Dex to Appear Each Quarter, Charting Business Launches

A recent analysis of data by Connect shows that just 14 percent of the technology-based firms started here lately were biotechnology or pharmaceutical companies.

Tuesday, March 20

Court Refuses to Rehear Stem Cell Case

The 1st District Court of Appeal in San Francisco that recently ruled in favor of California's stem cell institute denied two requests March 20 for rehearing the case that charged Proposition 71 was unconstitutional.

Qualcomm Issue Before Trade Commission

The U.S. International Trade Commission this week takes up one of the matters that has pitted San Diego chip-maker Qualcomm Inc. against Irvine-based Broadcom Corp.

Monday, March 19

Shares in Troubled Subprime Mortgage Industry Take a Beating

The free fall in the market value of companies in the subprime home loan industry continued last week after New Century Financial Corp. of Irvine said two lenders, Goldman Sachs and Bank of America, had cut off financing.

Rising Gas Prices Prompting Delivery Companies to Curb Operations

As gas prices rise past the $3 a gallon mark, San Diego businesses are battening down the hatches.

San Diego Chargers More Than the Hometown Team, It's an Asset That Serves the City as Well as Its Fans

San Diego Chargers More Than the Hometown Team, It's an Asset That Serves the City as Well as Its Fans

Apartment Sales Slowdown Sure Sign Condo-Conversion Craze Has Cooled

Apartment sales in San Diego County declined for the second straight year in 2006, according to Burnham Real Estate.

Nasdaq Notifies Accredited of Potential Delisting

San Diego-based Accredited Home Lenders Holding Co., which has been battered lately along with the entire subprime mortgage industry, said March 19 that its stock is subject to delisting from the Nasdaq exchange after it failed to file its 10K annual repo

Radio, TV Advertising Fares Better Than Dailies, Which Took a Dip in '06

The money that advertisers spent at San Diego County's radio stations rose 1 percent to $199 million in 2006.

Radiosurgery Wants Slice of Market Held By Leksell Knife

John Clark, chairman and CEO of American Radiosurgery, loves a good fight.

Wary of Endless Recognition, Founder of Kyoto Prize Created Own Award

Kazuo Inamori, founder of Kyocera Corp., decided to create the Kyoto Prize after he began to feel bashful about being honored again and again, despite his own success and wealth.

Lead San Diego Schedules 2007 Visionary Awards for March 27

LEAD San Diego is scheduled to present the 2007 Visionary Awards on March 27 at the San Diego Marriott Hotel & Marina.

Entrepreneur Profile , Trenton Riley

What began as a hobby developed into a booming career for Trenton Riley, broker and president of San Diego City Homes Inc.

Tech Law Firm Goodwin Procter Opens San Diego Office

Boston-based Goodwin Procter LLP opened a San Diego law office March 19. Stephen C. Ferruolo and Ryan A. Murr, former partners with Heller Ehrman LLP, will chair Goodwin Procter's new office in the University Towne Center area.

Anti-Aging Institute Selling Extraction, Storage of Stem Cells

A local anti-aging institute has become the first to offer extraction and storage of adult stem cells for future medical uses.

Small Biz How To

Question: What are the right questions to ask now to help avoid a disqualified retirement plan?

Qualcomm Increases Second Quarter Forecast

Qualcomm Inc. says it will make $100 million more in its second quarter ending April 1 than it expected, thanks to the success of its Mobile Station Modem chips.

Qualcomm Developing Interest in Employee On-Site Medical Clinics

Working with Cleveland-based Whole Health Management Inc., Qualcomm Inc. is developing a comprehensive on-site medical clinic for its 7,000 local employees.

Retiring Medical Buildings Executive to Retain Foothold in Projects

Robert Rosenthal, founder, president and longtime chief executive officer of Pacific Medical Buildings, is retiring. But don't expect this 75-year-old to ride off into the sunset just yet.

Rich Period of New Community Bank Formations Coming to an End?

A handful of banks are awaiting regulator approval in what many believe could be the tail end of a rich period for new-bank formations.

Encinitas-Based Fast-Food Owner Rides Wave to Success

At first, landlords were reluctant to take 18-year-old Reza Karkouti very seriously.

Executive Profile , Andrew McGuire

For Andrew McGuire, you might say business came with the flip of a switch, though success did not happen overnight.

Nonprofit Profile , La Jolla Festival of the Arts

Chris Farquar, president of the Torrey Pines Kiwanis Club

San Diego People

Key Hires and Promotions; Executive Spotlight: Cindy Bertrand

Bilingual XLNC Now Only 24-Hour Classical Radio Station in the County

Ever wondered how much XLNC FM 90.7 , the nonprofit, noncommercial classical music station licensed by Mexico and based in Chula Vista , has raised via its periodic on-air membership campaigns?

Biomass Plant to Tap Bull Market for Clean Energy

A $60 million project in southern San Diego County to build a 23-megawatt biomass power generation plant is on track to deliver electricity to San Diego Gas & Electric by late next year.

A Top-Heavy Retirement Plan Could Sink Your Profit Margins

Question: What are the right questions to ask now to help avoid a disqualified retirement plan?

Private Investor Injects $35M Into NovaRx for Lung Cancer Research

NovaRx Corp. has received $35 million from a private investor, according to Nexcore Capital Inc., the local investment bank that secured the funding.

Cox Media Unit Posting Home Listings, Buying Info on New Web Site

Technology is changing the way we bank, shop, communicate and even the way we buy and sell homes. Cox Communications launched a new Web site that offers listings of residential properties last month.

Acura RDX Leaves Monster SUVs in the Dust

Acura RDX Leaves Monster SUVs in the Dust

Week in Review

Top Business News: March 9 - 15, 2007

Regional Roundup

The U.S. Olympic Training Center in Chula Vista, near Otay Lakes, has unveiled an athlete connections center that includes high-speed Internet and wireless access. And other news from around San Diego County.

Patriot Scientific Acquires Holocom Networks in Foreclosure Sale

Patriot Scientific Corp. is diversifying by acquiring defense contractor Holocom Networks Inc. in foreclosure last month.

Seeds Have Been Sown for Plant Company's Demonstration Green Roof

An environmentally friendly green roof familiar to Europeans has been planted at the Good Earth Plant Co. in Kearny Mesa as a small step toward reducing the effects of water runoff and global warming.

'06 Year That Power Shifted From the State to the Individual

'06 Year That Power Shifted From the State to the Individual

SDG & E;, Other Providers Scouring County to Meet Future Electricity Demands

Like politics and poker, a winning hand is hard to come by in meeting the region's need for electricity in the years ahead. San Diego Gas & Electric Co. and other independent power operators have been forced to scour far and wide to find new sources.

Friday, March 16

From Mexican Roots, a Big Bloom: Ocean Garden Turns 50

Ocean Garden Products, a San Diego-based importer of Mexican shrimp, celebrated its 50th anniversary at the International Boston Seafood Show, which ended March 13.

Funds Seized, Flap Erupts in Little Italy

The Little Italy Association is looking for answers following the recent seizure of Little Italy Business Improvement District funds by City Attorney Mike Aguirre.

Gone to Maui: Hawaiian Airlines Resumes Service

Hawaiian Airlines plans to resume daily nonstop service between San Diego and Maui starting March 16.

Thursday, March 15

Index Reflects Slowing Local Economy

San Diego's economy continued to slide downward with a 10th consecutive monthly drop in the January Index of Leading Economic Indicators compiled by a University of San Diego economics professor.

SAIC Snaps Up Army Contract, Navy Task Order

Science Applications International Corp. announced it had received two defense contracts, from the U.S. Army Chemical Materials Agency and from the Naval Surface Warfare Center's Crane Division.

Wednesday, March 14

CBeyond Lands in San Diego

Business Internet communications company CBeyond Inc. announced March 14 that it is expanding its services with a new office in San Diego.

Superintendent Caps 10-Year Stint in Oceanside

Oceanside Unified School District Superintendent Kenneth A. Noonan recently announced his plans to step down on June 30, following 10 years in the post.

CEO Survey Shows Cautious Optimism

Vistage International, a membership organization for chief executive officers, released the findings of its national Vistage CEO confidence index March 13, showing cautious optimism among CEOs regarding economic expectations in 2007.

Blue Sky Equipment Cleared for Takeoff

The Federal Aviation Administration has certified that equipment from the La Jolla-based Blue Sky Network may go aboard commercial Boeing 757 aircraft.

Epsilon Systems Second to Nunn in Award Ceremony

The Department of Defense has given Epsilon Systems Solutions Inc. its Nunn-Perry Award, honoring the San Diego company's outstanding cooperative relationship with Lockheed Martin Maritime Systems and Sensors.

Peregrine Systems' One-Time Chief Pleads Guilty

Former Peregrine Systems CEO Stephen Gardner pleaded guilty to three felony counts March 13 in federal court in connection with San Diego's largest accounting scandal, which was initially revealed in 2002 and resulted in the filing of Chapter 11 bankruptc

Jury Finds Illumina Infringed Five Patents

A federal jury March 13 found that lab equipment made by San Diego-based Illumina Inc. infringed five patents held by Santa Clara-based Affymetrix Inc. The jury, in U.S. District Court in Delaware, ordered Illumina to pay $16.7 million in damages.

Copley Newspaper Deal Worth $380M

Gatehouse Media Inc., based in Fairport, N.Y., announced March 13 that it has purchased nine publications from San Diego-based Copley Press Inc. , parent company of the San Diego Union-Tribune , for $380 million.

Tuesday, March 13

Qualcomm Increases Forecast

Qualcomm Inc. says it will make $100 million more in its second quarter ending April 1 than it expected, thanks to the success of its Mobile Station Modem chips.

Congressional Delegation to Meet Business Community

All five members of San Diego County's congressional delegation plan to address issues of the day March 16 during a luncheon sponsored by the San Diego Regional Chamber of Commerce.

Chevron Puts Brakes on LNG Terminal Project

Chevron Corp. has stopped work on its proposed liquefied natural gas import terminal off the Coronado Islands, in Mexican waters just south of the U.S.-Mexico border.

Accredited Shares Slump

Shares of San Diego subprime lender Accredited Home Lenders Holding Co. plunged 63 percent to $4.24 in midday trading March 13 on the Nasdaq after the company said it wouldn't be able to file its year-end financial results on time.

Monday, March 12

Chamber's Annual Dinner Is Biggest Ever in 85 Years, Five Marines Honored

Chamber's Annual Dinner Is Biggest Ever in 85 Years, Five Marines Honored

Keeping an Eye on the Prize With the Kyoto Laureate Symposium

Keeping an Eye on the Prize With the Kyoto Laureate Symposium

Many Promising Technologies Are on Fast Track to Commercialization

Many promising technologies are on the fast track to commercialization, thanks to the Center for Commercialization of Advanced Technology.

Luxury Home Sales Remain Strong, Prices Still Climbing, Brokers Report

With all the talk of a real estate slowdown, one sub-market is continuing to sell well. Luxury home sales have not been affected by the slowdown as much as other sub-markets, including affordable housing and median priced housing.

Entriq Partners With VeraSign to Help Media Firms Protect Rights

Carlsbad-based Entriq and Mountain View's VeraSign Inc. are partnering to offer media companies a way to protect and enforce digital publishing rights.

Regional Roundup

The Jimmie Johnson Foundation, founded by Jimmie Johnson, a stock car racer and El Cajon native, announced plans to use proceeds from a golf tournament to build a home for an El Cajon family. And other news from around San Diego County.

Storm Water Rules Draw Resistance From Business Groups, Cities

A coalition of San Diego County cities and business associations is challenging a new storm water ordinance, calling it enormously costly and ineffective in reducing runoff pollution.

New Haircutting Franchise for Men Expanding Locally at a Rapid Clip

A sports-themed beauty shop for men continues to snip its way into the San Diego market. The first local SportClips franchise opened in Carlsbad in November.

Gaslamp Nightclub Owner Now Singing 'Hurray for Hollywood'

A prominent downtown club owner is busy expanding his operations outside of San Diego.

HM Electronics Recognizes Outstanding Service By Its Distributor

Poway-based HM Electronics Inc., a digital wireless communication solutions provider for the professional audio industry, announced the winners of its 2006 Distributor and Representative of the Year awards.

Online System Makes Paper Trail More Manageable at Courthouses

A revolution is breaking out in San Diego Superior Court. Called V-3 , California Case Management System Version 3 , this new computer program is expected to dramatically change how legal cases are managed statewide.

Quidel to Buy Back Stock

Medical device firm Quidel Corp. said March 12 that it would repurchase $25 million in common stock. The company did the same thing about a year ago for the same amount.

Best Method to Handle Irate Customers Is the 'Great' Method

Question: How can we better remind employees to handle irate customer encounters with more professionalism?

Super Warehouse Moves Up to Larger San Diego Location

San Diego-based Super Warehouse, which provides information technology products throughout North America, has relocated its corporate office to accommodate growth.

Novatel Earns Title of Comeback Kid of Wireless Technology

Locally based Novatel Wireless Inc. might be called the comeback kid of technology.

Qualcomm Seeking Events That Can Draw Big Crowds

A record-breaking turnout for a soccer match at Qualcomm Stadium has officials thinking.

Time to Invest in Stem Cell Sector With State Grants Starting to Flow?

Attitudes toward investing in stem cell companies are a study in contrasts.

Encore Capital Says It Won't Go Private, Despite Lagging Stock Price

Encore Capital Management, which buys large amounts of credit card debt and then tries to collect the money owed, said it's given up on selling or going private.

Out of Town Visitors Make Travel Plans Based on the Weather Forecast

Over a breakfast of crab cakes Florentine at the World Famous restaurant and bar on the west side of Pacific Beach Drive recently, I realized just how much I love San Diego's "shoulder season."

On Your Mark, Get Set Grad Students Chase Capital

Graduate students with fledgling businesses will compete for all-important investment capital this week during Venture Challenge 2007.

Burger Wars Move Upmarket, Premium Patties a Hit With Consumers

The nation's major fast-food chains have taken the burger wars to a new level. Instead of fighting for market share in the 99-cent value meal category, they're battling it out in the premium patty arena.

Work World Putting More Emphasis on Productivity, Results

Accounting firm Jefferson Wells isn't alone when it comes to providing employees with more flexible work schedules.

IntelliDot Closes Series D Financing

San Diego-based IntelliDot Corp. announced March 12 that it closed $10 million in Series D financing.

Pentagon Program Funds New Technology With Civilian Applications

So, you've got yourself a garage, a brilliant idea, and the belief that your technology will be the next big thing in the defense industry, as well as the private sector. What you don't have is the business savvy to raise the kind of money you need to tak

Correction

For March 5, 2007.

Leap Wireless Expands Cricket Mobile Phone Service Locally

Leap Wireless expands Cricket mobile phone service locally.

San Diego People

Key Hires and Promotions; Executive Spotlight: Mehdad "Mike" Saeidi

No Need to Take Me Out to the Ballgame at Icon High-Rise

Commercial and residential tenants are hastily moving into their East Village high-rises before opening day for the San Diego Padres, now less than a month away.

Scripps Mercy Receives $2.5M for ER, Trauma and Intensive Care Units

Scripps Mercy Receives $2.5M for ER, Trauma and Intensive Care Units

Week in Review

Top Business News: March 2 - 8, 2007

Coming Maelstrom: Coping With the Population Crisis

Coming Maelstrom: Coping With the Population Crisis

What Does It Mean to Have a Professional Football Franchise?

What Does It Mean to Have a Professional Football Franchise?

Entrepreneur Profile , Carl Henger

Tax season. It's a time loathed by most small-business owners. But not Carl Henger. The 66-year-old owns four Liberty Tax Service franchise locations.

Local Food Store Owners Eyeing Contract Dispute Between Big Three, Workers

Another Southern California grocery worker strike could double business overnight for smaller food store owners ready to apply lessons learned three years ago.

Executive Profile , Madelaine Saia

Native New Yorker Madelaine Saia not only grew up thousands of miles away from San Diego, she also worked as a Wall Street commodity trader before making the move to the West Coast, and into gym management.

Cases Stacked Against Defendants in Class Action Lawsuits

Cases Stacked Against Defendants in Class Action Lawsuits

Nonprofit Profile , Fresh Start Surgical Gifts

Fresh Start Surgical Gifts

Is Ajax to Serve as Spear Carrier for Next Generation Web Technology?

The man behind MP3.com has a new startup, this time involving an Internet technology called Ajax.

Intercare Insurance Solutions Buys SFG Benefits Financial

Intercare Insurance Solutions has expanded its line of retirement advisory services and clientele by acquiring San Diego-based retirement planning firm SFG Benefits Financial.

Small Biz How To

Question: How can we better remind employees to handle irate customer encounters with more professionalism?

Friday, March 9

Point Loma Nazarene Plans Entrepreneur Enrichment

The Fermanian Business Center at Point Loma Nazarene University announced March 8 creation of the Entrepreneur Enrichment Program. The program, which will be funded by an endowment created at the San Diego-based university, is designed to boost communicat

Pacific Life Will Sponsor Holiday Bowl Through 2009

Pacific Life Insurance Co. extended its title sponsorship to San Diego's Holiday Bowl through 2009, said Rudy Castruita, the 2007 bowl president.

Phenomix Receives $55M Boost

Phenomix Corp. received $55 million in a series C financing round led by London-based Nomura Phase4 Ventures.

Pentagon Honors Teamwork at Northrop and HiTem

The Pentagon presented Northrop Grumman Corp. and a San Diego small business with its Nunn-Perry Award on March 7, recognizing the two as an outstanding mentor-prot & #233;g & #233; team. The small business is Hi-Tech Electronic Manufacturing Inc. of Sorrento Mesa, kno

Private Placement Pumps Up Cardium

Cardium Therapeutics Inc. has $21.5 million more at its disposal now that it closed a private placement financing March 9.

Thursday, March 8

Jury Finds Former Gateway Execs Liable

Two former Gateway Inc. executives were found liable March 7 of multiple counts of fraud in a scheme to manipulate the former Poway computer manufacturing company's revenues in 2000.

Viejas Earns Certification in Responsible Gambling

Viejas Casino announced March 8 that it is the first tribal gaming facility in California to be certified in responsible gambling by the nonprofit California Council on Problem Gaming.

BAE Gets Work on Two of Fleet's Newest Ships

BAE Systems said March 7 that it received a contract for work on two of the Navy's newest ships. The deal has an initial value of $11.3 million and is expected to grow.

Hollis-Eden Gets Bad News About Radiation Drug

Hollis-Eden Pharmaceuticals Inc. was informed March 7 by the U.S. Department of Health and Human Services that the company's Neumune product candidate for the treatment of acute radiation syndrome was found "technically unacceptable" and was no longer com

Sempra to Pay $1M Fine for Self-Reported Violations

The Federal Energy Regulatory Commission announced on March 7 that Bangor Gas Co., a subsidiary of San Diego-based Sempra Energy, has agreed to pay a $1 million fine on self-reported violations.

Lindbergh Passenger Count Noses Up Slightly

The number of passengers flying in and out of Lindbergh Field rose 2.4 percent to 1.3 million , a gain of 31,143 , in January compared with the same month a year ago, according to a report released early this month by the San Diego County Regional Airport

Wednesday, March 7

Port Commissioner Back for Third Term

Steve Cushman, a now-retired car dealership owner, was reappointed as one of three port commissioners representing San Diego in a 5-3 vote by the San Diego City Council on March 6.

Net Income Slips at Infosonics

Infosonics Corp., a San Diego distributor of cell phones mostly in Latin America, reported net income of $561,000 on revenue of $60.9 million for the fourth quarter. The company reported its earnings March 6.

Survey Ranks Sempra Energy Highly

A Fortune Magazine survey released March 5 ranked Sempra Energy the No. 4 most-admired electric and gas utility in America.

Fortune 500 Firm Snaps Up Fast-Growing DefenseWeb

Humana, a Louisville, Ky., health insurance company, announced March 2 that it had bought San Diego-based DefenseWeb Technologies Inc. for an undisclosed amount.

SAIC Focuses on Army Training

Science Applications International Corp. announced March 7 that it won a single-award contract worth a potential $39.8 million, if all options are exercised, from the Army Contracting Agency.

Tuesday, March 6

January Unemployment at 4.3 Percent

San Diego County lost 22,700 jobs in January, and added only 13,200 net jobs for the entire 12 months, according to the latest report issued by the state's Employment Development Department on March 2.

City Refinances Petco Park Bonds

San Diego refinanced $156.6 million in lease revenue bonds for Petco Park through an arrangement with Bank of America that should save the city $93 million during the 25-year term, city officials said March 6.

VentiRx Completes Series A Financing

VentiRx Pharmaceuticals Inc. announced March 6 that it completed $26.6 million in Series A financing to be used to create a portfolio of drug candidates.

Monday, March 5

Regional Roundup

Seeking to save millions of dollars by not having to pay prevailing state wages for the construction of a slew of planned capital improvement projects, the Vista City Council has proposed converting to a charter city. And other news from around San Diego

Bus Tours Showcase a Region's Finest Attributes to Attract Business

Bus tours showcase a region's finest attributes to attract business.

Kintera Founder Resigns From CEO's Job

Kintera Inc., a San Diego provider of software that helps nonprofits manage fund raising, said founder, Chairman and Chief Executive Officer Harry Gruber resigned as CEO on March 5, following weeks of various shareholder groups calling on him to leave the

Arts Community Gets Short Shrift in Budget Lines

San Diego entered the new century proclaimed "the newest cultural Mecca" on the Travelocity.com Web site. But with the arrival of a new year, also comes a growing sense of frustration among purveyors of local arts.

Chamber Shines Spotlight on Carlsbad Luminaries

The Carlsbad Chamber of Commerce paid tribute to outstanding businesses and community leaders during its installation dinner and awards ceremony March 2 at the Four Seasons Resort Aviara.

Audrey Benedetto Named President of Public Relations Society Chapter

A small-business owner, public library representative and redevelopment proponent are just a few of the faces that make up the newly appointed board for the Public Relations Society of America's San Diego chapter.

Letters

Forget the Pension Crisis, We Need a Wi-Fi Network; Expansion of Sycuan Casino's Slots Would Impact Community

Corrections

For Feb. 26, 2007

Cost of Providing Health Care Big Concern, Small-Business Survey Finds

For the fifth year in a row, workers' compensation insurance costs raised the most ire among the 2,000 small businesses polled by Union Bank of California.

Shuck and Swallow Event Serves as Oscars Alternative

Hollywood may have the Academy Awards, but San Diego has the Shuck and Swallow event, and it's sure to draw attention from the Oscars, which despite 79 years of rehearsals continues to be a sleeping pill.

Luce Forward Partner Wins Seat on Tenants-in-Common Association Board

Darryl Steinhause, a partner with Luce, Forward, Hamilton & Scripps LLP, was elected to a one-year term on the board of directors of the Tenants-In-Common Association.

City Council to Consider Hotel Fee to Augment Transient Occupancy Tax

Some San Diego hoteliers , faced with diminishing resources to promote themselves , think they might get some relief by establishing a so-called Tourism Improvement District.

The Cartridges in This War of Two Consumer Giants Go Into Printers

With the Internet full of stories about inkjet cartridges costing more than human blood, vintage champagne, or even gasoline, Kodak's recent announcement about a lower-priced alternative promises relief.

Businesses Waking Up to Fact Web Here to Stay, Online Expert Says

For Aaron Kahlow, a strong Web presence is no longer an option for businesses and must be a part of any company's marketing game plan.

Callan Capital Targets Clients of Substantial Net Worth

Callan Capital, a boutique wealth management firm focusing on high net worth clients, announced its formation in La Jolla on March 5. The firm was formed by three brothers, Trevor, Tim and Ryan Callan, who worked previously with Merrill Lynch

Week in Review

Top Business News: Feb. 23 - March 1, 2007

FreedomVoice Launches TalkText Service

Encinitas-based FreedomVoice Systems announced March 1 the launch of its TalkText technology, which converts voice mail into e-mail.

Southwest Starts Reno Flights

Southwest Airlines plans to launch two new daily, nonstop round-trip flights from San Diego to Reno, Nev., on March 11.

Popular Tax Preparation Software Turbo Charging Intuit's Revenues

So far this tax season, Intuit Inc. has sold 8.3 million units of TurboTax, up 1 percent compared with last year at this time, and there's still six weeks left in the season.

Nonprofit Profile , Citizen Diplomacy Council of San Diego

Citizen Diplomacy Council of San Diego

Study: Cultural Tourists Stay Longer, Spend More Than Average Visitors

Cultural tourists stay longer and spend more than average visitors, according to one study.

San Diego People

Key Hires and Promotions; Executive Spotlight: Howard Dratler

Cadillac Riding on Road to Recovery

Cadillac Riding on Road to Recovery

Gay Chamber Members Finding Affinity in Monthly Business Groups

There is nothing simple about the moniker Greater San Diego Business Association, San Diego Gay and Lesbian Chamber of Commerce. They're one and the same. But the association has come up with a simplified spinoff of the standard business networking event.

What Does It Mean to Be Home to a Professional Football Franchise?

What Does It Mean to Be Home to a Professional Football Franchise?

Delivery Trucks From Mexico to Begin Rolling Into the United States

The announcement of a one-year pilot program allowing Mexican trucks to make deliveries throughout the United States didn't make Armando Freire very happy.

Decision on Hollis-Eden's Anti-Radiation Drug Expected March 7

Hollis-Eden Pharmaceuticals Inc. stock should be interesting to watch this week, as the company expects a March 7 decision from the federal government about Neumune, its anti-radiation drug.

Entrepreneur Profile , William Lopez

William Lopez, principal, Alternative Strategies.

March Proves Beautiful for Harried Salon Owners

March , it's not just for college hoop fans. For salons, the madness they'll experience has to do with customers marching their way into chairs for makeovers.

Developer Installs Satellite-Based Irrigation to Flush Out Water Savings

Landscape architecture is turning high-tech as developers push to conserve water.

Vineyard Manager Warms Up to Cold Spell in January

Grape growers embrace the cold because it helps vines "sleep" longer.

Going, Going, Gone! County Auctions Off 63 Parcels for Unpaid Taxes

The county's treasurer-tax collector's office held its annual auction Feb. 23 to sell off delinquent properties on which property taxes had gone unpaid for five years.

Jacobs Family Foundation Gains Honor for Its Critical Impact on Region

Jacobs Family Foundation Gains Honor for Its Critical Impact on Region

FDA Approves Gen-Probe Device

The Food and Drug Administration has approved San Diego-based Gen-Probe Inc.'s device to test donated blood for West Nile virus. The test, called the Procleix Tigris System, can also test organs and tissues for the virus. It can process 1,000 blood sample

Deciphering Tax Code Helps Businesses Keep Money in Their Own Pockets

Question: What recent tax changes or often overlooked items should businesses focus on as they prepare their corporate tax returns?

Change Is Inevitable, It's Only Matter of Time Before We Get Choices We Deserve as Consumers

Change Is Inevitable, It's Only Matter of Time Before We Get Choices We Deserve as Consumers

Hillcrest's Gay Pride Festival, Parade Big Boost for the Neighborhood

Despite recent crime in Hillcrest, this year's Gay Pride Festival parade is expected to be the most successful ever.

Life Sciences, Medical Device Makers Want Faster FDA Approvals

Results of a survey about the relationship between life sciences companies and the Food and Drug Administration won't be revealed until this week's 14th annual CalBio Conference. But Biocom has offered a sneak peak to the Business Journal.

Executive Profile , Bella Heule

Though she can't pick just one favorite vacation spot, 48-year-old Bella Heule has covered a lot of ground, and a passion for cultural diversity has always chaperoned her success.

Tourism Officials Find Unconventional Ways of Reaching Target Markets

Tourism officials find unconventional ways of reaching target markets.

City Receives Qualifications From Six Developers That Want to Lift Up Brown Field

Airport development is about to take off at Brown Field.

Friday, March 2

Student Inventors Grab Prize, Seek Patent

Four electrical engineering students from UC San Diego want to patent a novel way of producing solar energy. Meanwhile, their method has already generated a prize for the students, who have named their enterprise SolASE Co.

Thursday, March 1

Leap Wireless Grows, Rings Up Loss

Leap Wireless International, parent of Cricket Communications, reported Feb. 28 a net loss of $39.4 million for the fourth quarter compared to a net profit of $5 million for the like period of 2005.

Envision Joins Kyocera to Market Shade and Solar Energy

Arizona-based Kyocera Solar Inc. said it has partnered with a fledgling San Diego business , Envision Solar LLC , to develop and commercialize solar energy-generating carports.

DriveCam Gets $28M in Venture Funds

DriveCam Inc. has received $28 million in Series C financing, the San Diego-based company announced on March 1.

Transportation Bond Dollars Allocated to Local Freeways

State officials have put up money to relieve congestion on some of San Diego's slowest stretches of freeway.