Stories for October 2008
Friday, October 31
SGIS said Oct. 29 it received three task orders from the Naval Facilities Engineering Command offices in San Diego and Jacksonville, Fla. for program and engineering services.
Lee Enterprises, the Davenport, Iowa-based parent company of the North County Times, said Oct. 30 it would suspend its dividend to help pay off its bank debt.
Shares of AMN Healthcare Services, the San Diego nurse staffing firm, declined by $1.44 to $8.99, a new 52-week low, on Oct. 31 after the firm released third-quarter results that fell short of earlier forecasts.
SAIC reported this week it won a contract worth up to $300 million from the U.S. Department of Education, Office of Federal Student Aid to modernize its Web-based student aid infrastructure.
San Diego-based Kratos Defense & Security Solutions won a contract valued at up to $21.1 million from the Defense Logistics Agency and the Defense Contract Management Agency to provide network engineering and software development services.
The San Diego chapter of AeA, formerly known as the American Electronics Association, named the winners of its 15th annual AeA High Tech Awards on Oct. 31.
Thursday, October 30
Torrey Pines Bank, with nearly $800 million in assets, reported Oct. 27 net income of $280,000 for the third quarter, and a profit of $3 million for the nine months ended Sept. 30.
RREEF sold a 460-unit apartment complex in Vista for $69.5 million to three R & V; Management-sponsored partnerships.
Temecula Valley Bancorp, a regional lender with $1.5 billion in assets and 11 offices, reported Oct. 30 it had a net loss of $3.6 million for the third quarter, compared to a net profit of $2.6 million for the third quarter of 2007.
An index measuring the health of San Diego's economy dropped again in September, the 29th time it has done so in the last 30 months, according to a report released Oct. 30.
Dataskill, a San Diego software as a service company, has opened a new office in Tijuana, Mexico to support it's "no-shore" delivery model, the company said Oct. 30.
California Community Bank reported a third quarter net loss of $51,000, compared to net income of $13,000 for the like period of 2007.
Wednesday, October 29
The San Diego office of Barnhart said Oct. 29 that it won a $23 million design-build contract to develop a bachelor enlisted quarters.
Tuesday, October 28
Ticket prices for San Diego's two postseason college football bowl games will increase Nov. 1 by $10, organizers announced Oct. 28.
San Diego-based Networkcar has changed its name to Networkfleet to reflect its new focus on the commercial and government fleet markets, the company said Oct. 28.
San Diego-based RJC Architects and Straub Construction of Bonsall won a $50 million contract to design and build the Force Intelligence Operations Center at Marine Corps Base Camp Pendleton.
Web Editor Brad Graves provides highlights from the Oct. 27, 2008 issue of the San Diego Business Journal. Or listen to archived podcasts from as far back as January 2007.
Monday, October 27
San Diego construction design firm FrameMax secured a $10 million round of funding led by Arcapita Ventures to support expansion in the Middle East, where oil-driven real estate construction is exploding.
The San Diego Union-Tribune's paid weekday circulation slipped 3 percent to 269,819 on Sept. 30, from 278,176 the same year-ago day, the Audit Bureau of Circulation reported on Oct. 27.
Leading off this week's compilation of news from around San Diego County: A pharmacy that serves diabetics exclusively opened in Encinitas this month.
A look at projects, planned or under construction.
The turmoil that's beset the financial services industry is generally having limited impact on most San Diego community banks, which didn't make subprime mortgages.
Samuel H. Wood is CEO of Stemagen, a creator of stem cells with therapeutic potential.
Michael Gallegos, who heads American Property Management, said he has received an appeal to a court decision that reverses a lower court ruling that favored the Sycuan Band of the Kumeyaay Nation in lawsuits that both parties filed after the tribe fired A
San Diego home builders experienced their worst quarter in 30 years , or perhaps longer, according to MarketPointe Realty Advisors, which has been monitoring the home building industry for the last three decades.
When Darren Reinke launched an action sports Web site last fall, he resisted taking on investors because he was afraid of losing control of his vision.
A conversation with Jan Cetti, president and CEO, San Diego Hospice and the Institute for Palliative Medicine.
I have been giving thought to what all of us should be doing in this period of financial uncertainty. And good grief, are the times uncertain.
With two big investor conferences scheduled back-to-back this week, life sciences executives will have plenty of opportunity to showcase their latest advancements to hundreds of potential backers.
Recent federal moves to buoy the U.S. economy, including the $700 billion bailout for the financial industry, have analysts wondering whether the government will rethink its other spending priorities , including military spending.
The causes for the worst economic crisis since the 1930s are many, but at the core of the problem was a sweeping relaxation of underwriting standards by lenders, fostered by a climate of excess capital, escalating housing values, and readily available pro
Rubio's Restaurants, the San Diego fast food chain started here in 1983 by Ralph Rubio that went public in 1999, isn't interested in being acquired by Kelly Capital, at least not at $5 per share.
Byron Webb III is proudly following in his father's footsteps literally.
The American Cancer Society San Diego Discovery Gala was held Sept. 27 at the Valenti International Estate in Rancho Santa Fe.
Sales and Leases: An eight-unit multifamily property located at 4853 Jessie Ave. in La Mesa has been sold to a San Francisco-based private investor for $1,025,000.
Registrations of new cars and pickup trucks declined 19 percent year-over-year in the recent third quarter, according to the California New Car Dealers Association.
The San Diego City Council on Oct. 21 approved Sudberry Properties' proposed 230-acre project that could include up to 4,780 homes and 900,000 square feet of office and retail space.
Both presidential candidates have plans that include broadband, new technology incentives and an overhaul of our education system.
Security Business Bancorp reported a net loss of $1.2 million for the third quarter due mainly to a $1.8 million loss sustained from the bank's ill-timed investment into preferred stock of Fannie Mae Corp.
Sources say Doug Manchester has put his ultra luxurious oceanfront home in the tony community of La Jolla up for sale, but the hotel magnate and commercial real estate developer neither denies nor confirms the report.
A local eatery with deep roots in Barrio Logan recently sold at auction to the San Diego Community College District for $2.6 million.
No doubt about it, banks are much tighter these days with their money, but most are still lending.
Plans to create an offshoot of San Diego-based Pacific & #173;GMP in China have fallen through, according to the tiny Sorrento Valley contract manufacturer.
Oceanside approved its largest retail project earlier this month but has already been met with opposition.
While analysts agree it's going to be a bleak Christmas, a National Retail Federation survey says that Oct. 31 could fare better because the event offers consumers a chance to get some much-needed comic relief.
San Diego employers will likely notice additional upticks in their health care costs for 2009, but forecasts show that the average rate of increase could slow to the lowest level since 2001.
Thirty-two of the county's inns and restaurants have earned the 2009 AAA Four Diamond, the Southern California Automobile Club said last week.
Microsoft sued four San Diego area companies for alleged copyright infringement as part of crackdown last week by the software giant that filed 20 civil cases in nine states.
The San Diego Association of Governments board recently came out against Proposition B, the Nov. 4 ballot measure that proposes the creation of a 96-acre platform over the Tenth Avenue Marine Terminal to facilitate development.
San Diego real estate management and investment firm ConAm Group purchased on Oct. 24 a foundering 221-unit mixed-use project in Oceanside for $30 million, allowing the deal to go forward, according to the brokerage firm on the deal, Hoffman Co.
Covario, a local online marketing agency, announced results of its third-quarter 2008 Global Search Spend Analysis on Oct. 15, revealing that large technology companies are moving more ad dollars to the paid search arena.
Trevor Callan is CEO of Callan Capital, which manages $200 million in assets among fewer than 60 families.
Progress Report: Construction is nearing completion for Terraces at Copley Point.
And the winners are San Diego Business Journal reporters and editors hauled away 29 awards ...
Venture capital investments in local startups fell much faster than the national average last quarter, dragged down by a steep falloff in biotech deals, according to the latest report by accounting firm PricewaterhouseCoopers.
FirstWatch, which launched shortly before the 2003 wildfires to equip emergency call centers with software that evaluates 911 calls, logged its 20 millionth call this month.
Friday, October 24
Carlsbad-based Callaway Golf laid off 154 employees Oct. 18. The layoffs were announced in August, said company spokeswoman Michele Szynal.
Thursday, October 23
Althea Technologies, a privately held San Diego-based contract manufacturer that provides clinical trial services to life sciences firms, appointed a new leader to oversee its expansion efforts, the company said Oct. 21.
Privately held San Diego biotech Phenomix Corp. withdrew its initial public offering Oct. 23, citing unfavorable market conditions.
One of San Diego's fastest growing companies signed a lease Oct. 22 for 248,000 square feet of office space at the Sunroad Centrum Building in Kearny Mesa.
Wachovia Corp., the holding company for Wachovia Bank, reported a net loss of $23.9 billion for the third quarter Oct. 22.
Wednesday, October 22
Web Editor Brad Graves provides highlights from the Oct. 20, 2008 issue of the San Diego Business Journal. Or listen to archived podcasts from as far back as January 2007.
In a unanimous vote Oct. 21, the San Diego City Council cleared a long-term plan to grow the nonprofit Salk Institute for Biological Studies.
Brinson Patrick Securities Corp., an investment banking firm with offices in California and New York, opened an office in the University Towne Center area, led by veteran life sciences financiers Jack Florio and Gregory Hanson.
Anthony Feraro, chief executive at San Diego-based Silvergate Bank, recently left the bank after about a year at the helm.
Tuesday, October 21
SpaceDev, a Poway firm that made a splash in 2004 when it designed and provided parts for the rocket of the record-breaking SpaceShipOne spacecraft, said Oct. 20 it agreed to be acquired by Sierra Nevada Corp. for $38 million in cash
SAIC said Oct. 21 that it received a deal from Spawar Systems Center Pacific to provide systems support for the tactical data link, a deal worth more than $46 million if all options are exercised.
Monday, October 20
Progress Report: KMA Architecture & Engineering has completed designs for the city of El Cajon's new $48 million Public Safety Center.
Anyone looking for insights into the economic mess might well take a gander at the typical, successful small businessman or woman.
Sometimes we in the United States give North Korean officials far more credit than they deserve for allegedly outsmarting us. Just how smart, really, are they?
Technology-driven health care is at the forefront of recent presidential debates, offered up as one solution for overall improvements to American health care systems.
CommNexus San Diego, the nonprofit technology group, hosts its eighth annual GadgetFest Oct. 23 at Qualcomm headquarters.
A conversation with Jill Borg Spitzer, CEO of Jewish Family Service of San Diego.
Venture capital flowed less freely to San Diego companies in the third quarter of this year, with a total of $178 million divvied out to 22 companies, according to the Oct. 20 MoneyTree report done by PricewaterhouseCoopers and the National Venture Capita
Jack in the Box hasn't fully engaged in the better, bolder coffee war that is currently being led by McDonald's, which is taking full aim at Starbucks with its cheaper, faster McCafe espressos.
PKF Hospitality Research predicts that demand for hotel accommodations will decline nationwide in 2008 and 2009 because the metrics that drive occupancy rates are going in opposite directions , room supply is increasing while demand is decreasing.
Solar Power 2008 kicked off Oct. 13 in San Diego with a number of panels on industry trends and 425 companies showing off new products.
The number of home sales in San Diego rose more than 56 percent in September, compared to September 2007, as median home prices fell by more than 30 percent in the same period, La Jolla-based MDA DataQuick reported Oct. 20.
Headlines of bank failures are becoming routine, but 35 years ago in San Diego, the city was shocked to learn that federal regulators seized U.S. National Bank, at the time the largest bank to be seized since the Great Depression.
The economic meltdown has been felt far and wide as central bankers and government leaders around the globe grapple with the enormity of the crisis. So far, so good. Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson Jr., along with Congress,
Leading off this week's compilation of news from around San Diego County: Delivery of the first of 59 factory-built modules started this month at the second High Tech High School in the southeastern part of the city.
Suffering a drop in donations, local nonprofits are enacting hiring freezes and taking other measures to survive an economy in turmoil. Most nonprofit executives are asking themselves how the economy will affect services.
For a few years, Norman Jester ran a colocation data center in name only.
The Navy secretary said the concept of building a raised platform over San Diego's Tenth Avenue Marine Terminal, then developing that space for tourism uses, including hotels and a possible football stadium, is a bad one.
Some of the state's largest health insurance carriers have sent warning letters to brokers who sell their products cautioning them that if they combine certain insurance products they could be denied a commission, or worse, kicked out of their network.
Hey, I have got a hot one for you, so let this item percolate for a few minutes. Local 7-Eleven stores are jumping onto the presidential bandwagon for a third time in a decade.
Rubio's Restaurants Inc. said Oct. 17 it received an unsolicited letter from Kelly Capital, a San Diego-based private equity firm, expressing interest in acquiring all of the outstanding common stock of the company for $5 per share, or about $49.7 million
Since my last column, a bunch of stuff has happened in the financial markets across the globe.
Home prices have been on the decline for some time now and the state association of realtors' estimates prices will continue to decline next year.
A study published Oct. 1 by the Harvard School of Public Health and market research firm Harris Interactive found that four out of 10 registered voters didn't believe one candidate's plan would be better for them than the other's.
Cal State University San Marcos received a $1.5 million grant from the National Science Foundation for iQUEST, a project that focuses on serving poor and minority students to ensure their readiness, interest and participation in science and technology car
American Property Management, the county's largest hotel company, is adding to its portfolio with two limited-service Hilton Hotels branded properties in the Central Coast's popular wine country.
Deloitte named Genoptix the county's fastest-growing technology company Oct. 10.
It's been one year since the region was under siege that prompted the largest fire evacuation in U.S. history.
David Shields is president of Component Surfaces, a provider of gold plating and related services to help manufacturers fabricate circuits on ceramic plates, semiconductor chips, batteries and other products.
Sales and Leases: Vista Medical Plaza has been sold to Viper LLC for $16.6 million.
Westfield is strengthening its commitment to the San Diego retail market with plans to renovate the Horton Plaza shopping center it owns downtown.
Friday, October 17
Imperial Capital Bancorp, a San Diego-based commercial lender with $4.1 billion in assets, reported Oct. 17 its third quarter net income of $533,000, down from $1.7 million in net profit for the like quarter of 2007.
Bankrupt retailer Mervyns plans a going-out-of-business sale through the holiday season and will subsequently close its remaining 149 stores, including 10 in San Diego County.
Predictive Biosciences, a Massachusetts-based diagnostics company with an office in San Diego, has raised $22 million in Series B financing, it said Oct. 16.
Jack in the Box plans to sell its 61 Quick Stuff convenience stores to focus more on its core brands, said Linda Lang, chairman and CEO of the publicly traded, San Diego-based chain of fast food eateries.
Chambers of commerce representing Santee, Rancho San Diego and San Diego's East County region have organized a congressional debate for candidates of the 52nd Congressional District Oct. 22 at the Cuyamaca College Theater.
WD-40 said Oct. 15 that it had net income of $4.7 million, or 28 cents per diluted share, on net sales of $76.9 million during its fourth quarter, which ended Aug. 31.
San Diego's unemployment in September was 6.4 percent, down by a tenth of 1 percent from a revised August rate of 6.5 percent, the state Employment Development Department said Oct. 17.
Thursday, October 16
The California Public Utilities Commission reversed itself and voted Oct. 16 to leave the 760 area code intact in the northern part of San Diego County.
A federal grand jury indicted five defendants for allegedly amending a formula for contributions to the pension fund covering city of San Diego employees, an action that helped push the fund's deficit to more than $1 billion.
PacWest Bancorp, parent of San Diego-based Pacific Western Bank, reported Oct. 16 it had third quarter net income of $9.6 million, down from $22.2 million for the like period in 2007.
The Mission Bay Aquatic Center plans on Oct. 17 to unveil its new 40.7 kilowatt solar panel system that will produce all of the facility's annual power needs.
First Pac Trust Inc., parent company of Pacific Trust Bank in Chula Vista, said Oct. 15 it anticipates reporting net income of $1.4 million for the third quarter, a record.
Wednesday, October 15
Home prices throughout most of California will post declines well into next year, while sales will continue their rise in 2009, according to the 2009 California Housing Market Forecast released Oct. 15 by the California Association of Realtors.
The San Diego Workforce Partnership, the regional job training agency that gets nearly all of its funding from the federal government, said Oct. 14 it needs to repay the Department of Labor $1.1 million, stemming from an audit of the agency completed last
UC San Diego won a five-year grant valued at up to $5 million from the National Institutes of Health that the university will use to create a biomedical technology research center, according to information released Oct. 15 by a division of the NIH.
San Diego Trust Bank reported net income of $111,000 for the third quarter, its 16th consecutive quarter of profitability, and $411,000 through the nine months, the bank said in a press statement Oct. 15.
Tuesday, October 14
San Diego had 123 technology startups in the first half of 2008, according to a report released Oct. 13 by Connect.
Web Editor Brad Graves provides highlights from the Oct. 13, 2008 issue of the San Diego Business Journal. Or listen to archived podcasts from as far back as January 2007.
Sempra Energy and San Antonio-based Valero Energy took an initial step toward developing a marine terminal and oil storage facility in Port Arthur, Texas.
The city of San Diego said it collected about $1 million in a settlement of litigation stemming from claims of lost revenue after the city moved a 2003 Charger home game from Qualcomm Stadium to Phoenix after the Cedar fires.
Monday, October 13
We have entered that murky period where the stock market seems to have capitulated, valuation declines have pervaded all asset classes and a global economic crisis is unfolding. There is limited liquidity at all levels of humanity.
Progress Report: A reconstruction project for the city of Vista's Moonlight Amphitheatre has broken ground with Sundt Construction as the design-build contractor for the $12 million project located at Brengle Terrace Park.
The financial panic that triggered global market sell-offs and brought Iceland to the brink of bankruptcy last week can be traced back to homeowners, who for one reason or another, defaulted on their mortgages.
According to consultant Wilbur Smith Associates, there are 62,000 parking spaces in downtown San Diego, including 18,031 street parking spaces and 39,563 spaces in lots and garages operated by four parking management firms: Cardiff-by-the-Sea-based Sunset
Ashworth Inc., the Carlsbad-based maker of golf apparel, has entered into a definitive agreement to sell the company for $72.8 million to Taylor Made-Adidas Golf, a unit of German-based Adidas Group that's also based in Carlsbad.
Numerous commercial brokers estimate that turbulence in the financial market that resulted in the $700 billion government rescue plan will result in rising vacancy rates in office properties across the county.
More than 15,000 people and 425 companies will be on hand displaying the latest trends in solar technology at the San Diego Convention Center for Solar Power International 2008. The Oct. 14-16 event is organized by the nonprofit Solar Electric Power Assoc
Construction of a $60 million, six-story professional building for MedImpact Healthcare Systems.
Mark Miller is president of Osso Miller Pacific, a general contracting company that provides construction management services, including scheduling, design management, entitlements and concept estimating and specializes in the commercial and medical marke
Progress is being made at the AMB Pacific Coast Business Park in Oceanside, despite an economic slump that has hammered all real estate sectors.
A stock-only swap offer by a Virginia-based steakhouse chain for shares of Jack in the Box , traded on the New York Stock Exchange as JBX , is uncommon and would represent only a small percentage of the burger chain's outstanding shares. But at least one
Brent Altomare owns Groovy Like A Movie, a San Diego "green" movie production company.
Although city officials say they can't tell private parking companies how much to charge for their spaces, they would like to develop a parking strategy that maximizes parking for more drivers at any given time , which includes working with building manag
By any measure, it's a rough economy out there, and inevitably there will be more layoffs , an emotional and complicated process, no less so during turbulent financial times.
A number of local contractors won military contracts just before the close of the government's fiscal year ending Sept. 30 for work at bases and facilities in the region.
UC San Diego chemist Roger Tsien will share the 2008 Nobel Prize in chemistry for the discovery of green fluorescent protein and groundbreaking work to develop fluorescent molecules that enter cells and light up their inner workings, the university said O
Bargain hunterscontinue to scoop up discounted homes in September as prices continue their slide, according to the San Diego Association of Realtors.
Mitek Systems, producer of image recognition software, has released its latest version of ImageNet Mobile Deposit, an application for the iPhone that allows owners of Apple's runaway hit to deposit checks at participating banks.
San Diego bankers agree that more bank failures are coming, but say the nation's bank deposit insurance program should be able to withstand the hits.
Sales and Leases: CB Richard Ellis announced that Philotechnics purchased the 4,688-square-foot industrial building at 7384 Trade St. from Bodycote Thermal Processing for $843,840.
A conversation with Paul Downey, president and CEO of Senior Community Centers
The Port of San Diego approved funding for 10 new environmental projects such as installing solar panels and using other sustainable building materials at the new cruise ship terminal planned for the Broadway Pier.
A second border crossing in the Otay Mesa area took a step closer to construction recently when the state Legislature authorized the regional transportation agency to collect tolls to be used to pay for the project.
With oil prices lower and demand for air travel in decline, the burning question is whether airline fares will also drop.
Japan's largest mushroom producer, publicly traded Hokto Kinoko, is betting $50 million that Americans will soon have a yen for a roster of edible fungi that have long been a Japanese staple.
Temporary staffing firms that normally see an uptick in business during slower economies are finding this slowdown is different. It's much more severe.
Jeffrey Strauss, owner of Solana Beach restaurant Pamplemousse Grille, was honored by the Nice Guys on Oct. 4. at its annual gala held at the Marriott Hotel & Marina.
Topping Off is a new feature in the Business Journal focusing on construction projects that are finishing up.
Interior designer Norma Byrd is definitely her own boss. She's at the helm of Norma Byrd/Design Innovations and has been named president of the American Society of Interior Designers' San Diego chapter, which has grown to more than 500 designer members.
With a shipbuilder, military aircraft builder and a passel of electronics assemblers, manufacturing hangs on in San Diego. But hiding in the shadows is a surprise , a maker of consumer products that is not only thriving, but growing rapidly.
Leading off this week's compilation of news from around San Diego County: The mariachi music and ribbon cutting Oct. 3 made it official: The I.B. Mexican Grill is open for business in the 1300 block of Palm Avenue.
There was a time when getting official information from the federal government felt a little like old-time prospecting. It took lots of time, sifting and patience just for the possibility of uncovering a few gold nuggets.
Lyric Opera San Diego just opened its 30th consecutive season with a critically acclaimed production of Leonard Bernstein's American masterpiece, "Candide."
Retailers are more apt to find a lump of coal in their stockings this Christmas than cash in the till.
A banner above the Pearson Regional Transportation Center showroom on El Cajon Boulevard advertises space for lease and a phone number that rings to General Manager Mike Lewis' cell phone.
Finding parking downtown can seem like a game of musical chairs for motorists endlessly prowling the Gaslamp Quarter. Yet there is a surplus of parking spaces that often go unfilled because of their location or sometimes hefty lot fees.
The military vehemently opposed the November 2006 advisory ballot asking if city officials should pursue takeover of the Marine Corps Air Station Miramar as a replacement for Lindbergh Field.
Friday, October 10
Hunter Douglas Fabrication, a unit of Dutch-owned Hunter Douglas, said it is halting production of blinds and shades at its Poway plant, and cutting 157 jobs.
Nextwave Wireless, makers of embedded multimedia software used in cell phones and other mobile devices, said Oct. 10 it raised $100 million by issuing senior subordinated secured second-lien notes.
Thursday, October 9
An Oct. 9 media report that San Diego Padres owner John Moores is selling 49 percent of the team is not accurate, according to club spokesman Warren Miller.
The board of the Centre City Development Corp. has hired national recruitment firm Ralph Andersen & Associates to identify candidates for the position of president and chief operating officer, vacated by Nancy Graham in July.
The San Diego Union-Tribune, which went on the block in July, has yet to sell, but not for lack of tire-kicking.
Public and nonprofit agencies throughout San Diego County received more than $5.4 million in state grant awards in the last two months to finance 151 units of affordable housing.
Citigroup said it was no longer negotiating with Wells Fargo over dividing up Wachovia, citing "dramatic differences in transaction structures and views of involved risks."
Coronado First Bank reported a net loss of $351,000 for the nine months ended Sept. 30, compared to a net loss of 557,000 for the like period of 2007 in its quarterly report released Oct. 8.
Wednesday, October 8
Citigroup, Wachovia, and Wells Fargo, the three banks involved in a disputed acquisition of Wachovia, agreed to extend a cease-fire on litigation until Oct. 10.
UCSD Chemist Roger Tsien will share the 2008 Nobel Prize in chemistry for the discovery of Green Fluorescent Protein and groundbreaking molecular work.
The Vista Medical Plaza sold for $16.6 million to Viper LLC by V.M.P. LLC. The 45,700-square-foot property is on West Vista Way in Vista and is 100 percent leased.
Tuesday, October 7
Crownair Aviation, based at San Diego's Montgomery Field, has acquired RoigWest Maintenance, a turbine aircraft maintenance service and support center at Van Nuys Airport, and West Coast Jet Services at McClellan Palomar Airport.
Small contractors seeking work connected to a planned $800 million improvement project at Lindbergh Field can access help for their bonding needs through a new program launched Oct. 7 by the San Diego County Regional Airport Authority.
The city of San Diego announced a $5.5 million settlement with its liability insurance carrier, AIG, for legal costs in a multifaceted and lengthy litigation involving developer Roque De La Fuente.
NYCA, an Encinitas-based advertising agency that has made a name for itself with leading golf brands, recently created a TV commercial touting its new client SkyCaddie, a GPS range finder for golf courses.
Monday, October 6
Mark Canavarro is president of Cubicles Office Environments, a provider of new, used and refurbished office furniture to small to midsized companies.
The San Diego Housing Commission welcomed new chief executive Rick Gentry last month, a bit ahead of schedule.
Union Bank of California and KPBS honored six San Diego Latinos with Local Hero of the Year Awards on Sept. 17 as part of Hispanic Heritage Month at San Diego State University.
From time to time, it is necessary to focus on positive thinking, especially when times seem to be the worst. This is one of those times.
Newport Beach-based Irvine Co. let 100, or 3 percent, of its employees go last month. It is undetermined how many were based in San Diego, although a company spokesman said the Irvine Co. now has 170 employees here.
A stock-only swap offer by a Virginia-based steakhouse chain for shares of Jack in the Box traded on the New York Stock Exchange as JBX is uncommon and would represent only a small percentage of the burger chain's outstanding shares.
A regional developer is seeking to build a 25-acre retail center that straddles the boundary line dividing National City and Chula Vista.
A conversation with Leon Natker, general director of Lyric Opera San Diego.
Richard Wittenberg is chief executive officer of California Wind Systems, a Carlsbad-based company that has designed a system for harnessing wind energy to generate electric power.
Ben S. Bernanke, chairman of the Federal Reserve System, may be dead wrong about the urgent need for the proposed $700 billion this former professor and his buddy, Treasury Secretary Hank Paulson, have been trying to peddle to Congress these past few week
"Turning and turning in a widening gyre, The falcon cannot hear the falconer." Well, my favorite poem by William Butler Yeats, "The Second Coming," describes the current economic mess to a T. And talk about a palace revolt against fellow Republican George
Midway through construction on a condo project on Hancock Street near Old Town in April, developer Constellation Property Group decided to convert the property into a residence hotel.
For Apple iPod nano enthusiasts and music lovers on the go, the iStik looks like a case of instant attraction.
At 34, Chinese American Kim Lim has saved more than $350,000 by working her way up from waiting tables to being a microbiologist consultant.
The Brigantine Family of Restaurants is on a roll. Pun intended. It opened its second Zocalo Restaurant in the 4S Ranch community, near Rancho Bernardo, Sept. 29 and plans to transform Azul La Jolla from one that serves mixed fare, including seafood, into
Laura Shawver was well-acquainted with the ways cancer manifests itself in the human body. As a cancer researcher, she had studied the progression of the disease, a variety of drugs used to treat it, and even helped commercialize Sutent, a well-known drug
The fight over who gets to acquire Wachovia took another odd turn when the three banks involved, Wachovia and the two suitors, Citibank and Wells Fargo, all agreed on a cease-fire of litigation at least until Oct. 8.
The failure of the House to pass the bailout bill could well turn out to be a blessing in disguise. A positive, not a negative, if we can withstand what's to come in the weeks and months ahead.
Because of the gradual tightening of the global credit market, more and more companies are getting squeezed and taking the obvious route to survival , trimming payroll.
Sales and Leases: The 13,576-square-foot building at 2515 Lemon Grove Ave. in Lemon Grove has been purchased by North Park Apostolic Church for $2.5 million.
Residents have just two more weeks to comment on an environmental assessment under way for the Navy Broadway Complex project, which has generated much attention and a handful of lawsuits.
OK. OK. I know you have heard it all before. This is the age of the Internet. We don't need libraries anymore.
The stunning takeover and immediate sale of Washington Mutual Bank to JPMorgan Chase and forced sale of Wachovia Bank to Citibank a few days later on Sept. 29 sent shock waves through the banking system, including here in San Diego, where $10 billion in d
After recovering from wildfires, local farms, many of them family owned, are now contending with water shortages, pest infestations and to top it off, an economic downturn.
Leading off this week's compilation of news from around San Diego County: A retro hotel may turn into a condo hotel.
No matter what happens in Washington concerning a bailout bill (and all bets are off when it comes to Congress), last week's market plunge was shocking in its depth and speed.
Progress Report: Workers disassembled the large, metal warehouse previously located at 687 S. Coast Highway 101 in downtown Encinitas to make way for construction of the $40 million Pacific Station mixed-use development.
Sherry Nouraini left the biotech industry four years ago after having her second child and discovering a harsh reality: The corporate workplace, at least the one she was in, wasn't too sympathetic to the needs of working moms.
UC San Diego is a dynamo, an industrial-sized generator of jobs and a force that pulls the San Diego economy along, according to a study commissioned by the university.
Three Heller Ehrman attorneys will help open a San Diego branch of Covington & Burling LLP, a Washington, D.C.-based firm that employs more than 650 attorneys worldwide.
From trading cards to comic books and T-shirts, three San Diego firms are cashing in on the presidential campaign.
When Heller Ehrman announced it would dissolve the 118-year law firm last week, its employees were given 60-day employment notices and promptly paid.
James Frager is president and CEO of Cornerstone CMS, a construction management company in Serra Mesa.
Friday, October 3
San Diego's second Fisher House opened Oct. 3 at Naval Medical Center San Diego in Balboa Park. The $4 million facility offers free, short-term housing to families of wounded service members who are in the hospital.
Thursday, October 2
Increases in housing foreclosures and unemployment in San Diego have significantly increased the likelihood that home prices will fall over the next two years, according to PMI Mortgage Insurance Co. of Walnut Creek.
Sempra Energy said Oct. 1 it completed the acquisition of Energy South, based in Mobile, Ala. for $510 million in cash.
Avaak of San Diego said Oct. 2 it received $7 million in Series A funding from Trinity Ventures, InterWest Partners and Leapfrog Ventures.
The Scripps Research Institute said Oct. 2 it has won a $30 million grant from the International AIDS Vaccine Initiative to build a research center that will develop a new vaccine to guard against HIV.
Wednesday, October 1
Biomed Realty Trust, a real estate investment trust that rents 10.4 million square feet to companies in several major U.S. life science markets, said Oct. 1 it plans to offer 7,500,000 additional shares of common stock.