Stories for April 2009
Thursday, April 30
San Diego scientists came away with more than $36 million in funding from the state's stem cell institute at its board meeting April 29.
Kelly Capital, a San Diego private equity firm, completed the purchase of auto paint and collision firm Earl Scheib for $16.7 million, including assumed debt and transaction costs, Kelly said April 30.
The San Diego area economy worsened in March, and showed no sign that it would improve anytime soon, according to a local economic index released April 30.
Security Business Bancorp, parent of Security Business Bank of San Diego, reported unaudited first quarter net income of $202,000, compared to net income of $309,000 for the first quarter of 2008.
Sequenom, which is developing noninvasive genetic tests for pregnant women, will delay the launch of a product that tests for Down syndrome due to "employee mishandling" of research and development test data and results, it said April 29.
An all-out alert was put out April 30 for a faux cow that was stolen from a La Jolla arts festival.
San Diego County public health officials confirmed three more cases of swine flu in the area April 29, bringing the total number of local people infected to eight.
Wednesday, April 29
The borders at San Ysidro and Otay Mesa remain open and there are no plans to shut them, said Vince Bond, a spokesman for U.S. Customs and Border Protection, on April 29.
Sony Electronics confirmed April 29 it is cutting 340 positions in San Diego or 18 percent of its 1,900-person full-time workforce, starting in June.
Isis Pharmaceuticals of Carlsbad has signed a licensing deal with longtime partner Alnylam worth up to $31 million to co-develop single-stranded RNA interference technology, the companies said April 29.
The swine flu outbreak has caused cruise ship lines that normally call in Mexican ports to stop in San Diego for the time being, said the Port of San Diego April 28.
The Pentagon on April 28 named Adm. William French to relieve Adm. Len Hering as Navy mayor. Hering is set to retire this summer.
Tuesday, April 28
San Diego County health officials confirmed a case of swine flu in a 20-year-old male April 27, bringing the total number of confirmed cases of the deadly virus in the county to five.
The closely watched S & P;/Case-Shiller Home Price Index shows that home prices began to level off in February.
Shipbuilder General Dynamics Nassco dedicated a $45 million blast and paint building during ceremonies April 28.
Monday, April 27
Just a few hundred feet from the construction site of the new County Operations Center, ProWest Constructors is putting up an $85 million structure to house the San Diego County medical examiner's office.
Investors held off on new ventures last quarter amid continued economic uncertainty that has brought initial public offerings to a standstill and created a backlog of later stage companies.
Maria Maria La Cantina, a Mexican restaurant inspired by recording star Carlos Santana, is slated to open late summer in space once occupied by Prego Ristorante in Mission Valley's Hazard Center.
Given some recent proposals to alter Washington's TARP, or Trouble Asset Relief Program, you'd think few banks would want to take the money.
California Bank & Trust is being honored by the San Diego City-County Reinvestment Task Force for its undisclosed amount of financial support of The Old Globe Theatre.
Weekday circulation for The San Diego Union-Tribune stood at 261,253 on March 31, down from 288,785 on the same day last year, according to a report released April 27 by the Audit Bureau of Circulations.
"Mix," an exhibit at the Museum of Contemporary Art San Diego, opens May 21 featuring nine local architects and designers who blend architectural design and art into their projects.
Qualcomm and Irvine-based Broadcom agreed to settle their long-running patent litigation, the two competitors said April 26.
Tenant leasing remains weak, according to Grubb & Ellis|BRE Commercial's first-quarter office report released this month.
Small Business Administration guaranteed loans have hit their lowest level in years, falling 42 percent in both the number of loans and dollar volume for the first half of the fiscal year.
General Atomics Aeronautical Systems reported three successful test flights of its jet-powered Predator C Avenger military aircraft this month.
Need to register to vote or file a fictitious business name? Well, you have to travel to two separate locations in Kearny Mesa to run these errands, but the county is constructing a County Operations Center that would centralize many services and offices
Weak consumer spending and slowing tenant activity are driving up vacancy rates.
MediaFlo USA President Bill Stone has kept his foot on the pedal since joining the business in February.
The San Diego Convention & Visitors Bureau just received some encouraging, although preliminary, results for its "Happy Happens" spring advertising campaign that was launched in March with an emphasis on cable TV spots, its revamped Web page and Internet
Hadronex founders David Drake and Gregory Quist are trying to save the environment, and city budgets, one sewage spill at a time.
Leading off this week's compilation of news from around San Diego County: Live Stores, an e-commerce business, says it has launched HeaterStore.com, which markets 1,000 heaters for business, industrial and residential use.
We've already lost a lot of 'em, but more independent service stations might be going the way of the long extinct dodo bird, thanks to the failure of lawmakers in Sacramento to advance a bill April 20 granting a "holiday" to meet tougher standards for vap
Last week, billionaire activist investor Carl Icahn made known his intentions to push for a sale of San Diego-based Amylin Pharmaceuticals to partner Eli Lilly & Co.
More collaboration is still needed to reform City Hall.
El Cajon Valley High School Science Building
Howard and Marsha Berkson are owners of Anthology, a restaurant and concert
In the world of corporate philanthropy, cash has long been king.
For the first time in a decade, federal dollars are being funneled into a summer jobs program. The money could put as many as 3,000 young people into temporary work assignments.
Until recently, consumers interested in a closer look at their genetic makeup had limited options: purchase a genetic test kit online or participate in a clinical trial offering the test.
The 4,560-square-foot building at 3580 Adams Ave. in San Diego has been sold for $735,000.
Qualcomm reported a loss last quarter due to lower revenues in the global recession and a $748 million litigation charge from a settlement with rival Broadcom that was announced late April 26.
Site excavation and the pouring of foundations are complete at Pacific Station, a $40 million mixed-use development at 687 S. Coast Highway 101 in downtown Encinitas.
Friday, April 24
NTN Buzztime of Carlsbad is purchasing iSports, an Internet company that publishes sports and entertainment news including game scores on mobile devices such as Blackberries.
Cohu, which makes equipment to test semiconductors, as well as microwave communications gear and television cameras, said April 23 it lost less money last quarter than the previous quarter amid signs that companies purchasing its semiconductor testing equ
Thursday, April 23
California Community Bank, based in Escondido and with $184 million in assets, reported a first quarter net loss of $250,000 compared to a net profit of $13,000 in the like quarter of 2008.
Citing a weak outlook for capital equipment sales this year, prenatal test maker Sequenom said April 23 it is trimming 30 employees, or about 12 percent of its workforce, to conserve cash.
A team of scientists led by The Scripps Research Institute in La Jolla has demonstrated a new way to reprogram cells without introducing new genes, a major advance toward the goal of one day turning an individual's own cells into a powerful tool for comba
The local office of the Small Business Administration will honor local companies and small business advocates at its annual luncheon next month, the SBA said April 22.
Cubic said April 23 it received a $70 million contract supporting computer simulation work at the Korea Battle Simulations Center.
Weight-loss drug maker Arena Pharmaceuticals said April 23 it will cut 130 employees, or 31 percent of its U.S. workforce, over the next four weeks, according to filings with the Securities and Exchange Commission.
Wednesday, April 22
San Diego-based Maxwell Technologies has landed a $13.5 million purchase order from three of China's leading transit bus producers to supply energy storage systems and batteries for up to 1,000 hybrid diesel-electric transit buses.
Qualcomm said April 22 that it will delay its second-quarter earnings statement because of advanced settlement discussions with rival Broadcom that would affect financial results for the quarter.
A $5.5 million gift from the estate of the late Leona Helmsley, billionaire real estate heiress who left millions to her pet Maltese, will go toward new research into metabolic diseases at the nonprofit Salk Institute in La Jolla.
A little more than a month after announcing layoffs to 16 percent of its workforce, Cymer reported a loss that exceeded analysts' expectations.
Wells Fargo, which holds more than $8 billion in local deposits, reported net income of $3.05 billion for the first quarter in an April 22 report which trumpeted a big increase in advancing new credit to borrowers.
San Diego Trust Bank reported April 22 first quarter net income of $126,000, down from $150,000 in net income for the like quarter of 2008, and up from the $112,000 in net earnings for the fourth quarter of 2008.
Tuesday, April 21
California Bank & Trust, San Diego's largest bank with about $10 billion in total assets, reported net income of $17 million for the first quarter, compared to $22.3 million for the like quarter of 2008.
Laurie Black, one of three representatives from the city of San Diego on the Board of Port Commissioners for the San Diego Unified Port District, resigned last week, citing family health issues.
Amylin Pharmaceuticals, maker of the injectable diabetes drug Byetta, has rejected a proposal by billionaire activist investor Carl Icahn to sell the company to pharmaceutical giant Eli Lilly & Co. in an ongoing proxy fight.
A 10-acre parcel at the end of 14th Street in Ramona sold for $420,000.
Monday, April 20
We're not just a Navy town, after all! Adm. Len Hering, who commands Navy Region Southwest here, tells a KPBS FM audience April 13 that the military is spending close to $5 billion to upgrade and expand facilities countywide.
In four short weeks, the San Diego Zoo plans to unveil its largest exhibit since opening in 1916.
In an attempt to bend and not break in this precarious business environment, companies have turned to human resources outsourcing firms to manage recruiting, payroll, benefits and training, as well as perform employee assessments.
North Island Credit Union, the area's fourth largest with $1.5 billion in assets, is closing three branches next month as part of an ongoing cost reduction plan.
Paying attention to business is one of the major benefits of a recession.
Robert B. Horsman and Katherine Kennedy came to San Diego in 1971 and consider the organizations in the community that they're involved in to be their children.
Temecula-based Community Collective broke ground in mid-March on the Autumn Terrace development, a 93,900-square-foot mixed-use community in San Marcos.
What had been shaping up as a major showdown between Charlotte Russe Holding, the young women's retail chain, and its biggest shareholder has turned out to be a dud.
A lot adjacent to Interstate 5, between Palomar Airport and Cannon roads, is rapidly becoming a haven for dining.
A conversation with Randal Schober, executive director of HeadNorth Foundation.
The parking structure at Mesa College in Linda Vista is a five-level structure that accommodates 1,100 cars and includes space for alternative-fuel vehicles used by the Mesa College Police.
Kyocera has realigned its San Diego wireless business unit to better integrate a unit that came with its $400 million purchase of the cellular handset business of Sanyo Electric in April 2008.
Lee Goodman is president and chief executive of Jerome's Furniture. Founded in 1954, Jerome's is a San Diego-based family owned and operated business that sells furniture. It has 370 employees.
The sheer volume of bankruptcy filings in San Diego County by individuals and businesses has reached levels unseen since 1999, county and city officials said last week.
When Santa Clara-based telecommunications software firm LongBoard became saddled with debt after a $5 million bridge loan coupled with lackluster revenues, it began winding down operations.
If things aren't bad enough in the newspaper industry, Marriott International said last week that it's going to stop dropping free papers at guests' doors at 2,600 hotels across the country starting June 1.
LinkedIn, Facebook, MySpace, Twitter. In the age of the Internet, these types of social networks have replaced the Rolodex and day planner and are quickly becoming the preferred means of connecting and maintaining business and personal relationships.
Aptera Electric Technology Is Disruptive, Innovative and Timely
San Leandro-based TriNet, which provides human resources outsourcing services, says it is acquiring Florida-based Gevity HR, another HR outsourcing business with a San Diego office, for $98.8 million in an all-cash transaction.
A federal court in Harrisburg, Pa. sentenced a Carlsbad pilot to 10 years and five months in prison April 17 for his role in a major cocaine trafficking case that also involved a Carlsbad defense attorney, according to the U.S. Attorney's Office in Pennsy
Up until recently, Collar Free, a one-year-old, e-commerce firm founded on the notion that consumers will enter competitions and buy T-shirts and other apparel emblazoned with their own designs, survived primarily on investment capital. Then a phone call
Not long ago, defense contractor SGIS received government preferences as a small business.
Leading off this week's compilation of news from around San Diego County: The county of San Diego awarded Cartridge Discounters a five-year, $3.8 million contract to provide the governmental agency with printer, copier and fax ink cartridges.
San Diego's hotel market, considered sizzling hot just a few years ago, continues to lose steam.
Dmitry Shapiro, founder and CEO of the online TV service Veoh Networks, and former Veoh executive Francis Costello are stepping into the classroom with a new venture.
One way businesses are trying to trim expenses in a struggling economy is by cutting back on employee benefits, from health insurance to retirement plans, experts say.
General Atomics Aeronautical Systems successfully flew a new model of its Predator unmanned aircraft early this month, it said April 20.
Dale Stein is co-founder of Technology Assurance Group, or TAG, which provides sales, technical, management and financial education services.
Coronado Isle Townhomes purchased the 10-unit apartment building at 2234-2244 Brant St. from East West Bank for $1,300,000.
San Diego home prices did a funny thing in late winter. They stabilized.
Given the uncertainty that rules Wall Street these days, Bridgepoint Education's initial public offering is a success, observes one local stock analyst.
Web Editor Brad Graves provides highlights from the current issue of the San Diego Business Journal.
The San Diego State University Alumni Association honored graduates for outstanding work at its annual Montys Awards Gala held April 11 at the Hilton San Diego Bayfront.
The way people communicate is changing. Status updates on social networking sites such as Facebook and LinkedIn or tweets on Tweeter are often used instead of phone calls and e-mails.
Friday, April 17
Green technology and green building may be a growth area in a stagnant economy. The San Diego Green Career Conference, an all-day event set for April 25 at San Diego State University, takes a long look at the topic.
A panel of judges who have braved the real-world economy plan to evaluate the potential of student business plans during a business plan competition April 17 at the University of San Diego.
San Diego's unemployment rate rose to 9.3 percent in March, up from 8.9 percent in February, as the area continued losing construction and business service jobs.
Thursday, April 16
A former president of an investment firm that bilked some $4.5 million from retirees was sentenced April 15 to 63 months in federal prison.
San Diego home prices did a funny thing in late winter. They stabilized. Median home prices were unchanged at $285,000 in February and March, even as sales volume increased.
The Washington Post media company has hired San Diego-based video service VMIX to showcase video on six television station Web sites owned by subsidiary Post-Newsweek.
Vince Siciliano, who left 1st Pacific Bank of California suddenly last summer as CEO, has landed in San Francisco.
General Growth Properties, one of the largest shopping center owners, filed for Chapter 11 protection April 16. The Chicago-based real estate investment trust is owner of 158 shopping centers including two locally.
Wednesday, April 15
Sempra Energy subsidiary Sempra Generation said April 15 it will construct a 48-megawatt expansion of its existing photovoltaic Copper Mountain solar facility near Boulder City, Nev., which is 40 miles southeast of Las Vegas.
Alan Bersin was named as the new "border czar" for the Southwest region by Homeland Security Department Secretary Janet Napolitano April 15.
Bridgepoint Education, a San Diego provider of higher education classes mainly to online students, issued 13.5 million shares of common stock April 14, with the initial price going out at $10.50.
Tuesday, April 14
The Navy said April 13 that it has awarded the first two projects from the Pentagon version of the economic stimulus bill, also called the recovery act.
Monday, April 13
Robert E. Westfall Jr. is president of Solatube International, a manufacturer of devices that emit natural light in homes and businesses.
In "Cutting Costs," which ran in the Dec. 1 Business Journal, I spoke with local life sciences leaders about the emergence of outsourcing in cash-crunched times for drug developers.
Leading off this week's compilation of news from around San Diego County: High Tech High, one of five charter high schools in the county, held a grand opening last month, with school officials joining those from San Diego Gas & Electric to tout the buildi
Crystal Pyramid Productions owners Mark Schulze and wife Patty Mooney shoot events for "Access Hollywood" and "Inside Edition." They film training videos and commercials. But a gig in 2007 made an impression they couldn't shake.
Nana's Cookies says no to refined sugars, dairy, cholesterol, eggs, hydrogenated oils, trans fats, preservatives, cane and beet products, and Ralphs Grocery, which is beefing up its lines of better-for-you foods, recently said yes to putting Nana's on its
Valin Brown, CEO of Carlsbad Educational Foundation
The organizers of Ventana National Bank had lofty ambitions when they began organizing the institution here two years ago. They even planned to open banks in Phoenix and Dallas, as well as San Diego.
The folks who run Nassco, a unit of General Dynamics and the last major shipyard on the West Coast, knew they were doing a pretty good job churning out Navy cargo ships and civilian product carriers, but they realized they needed to improve.
It is quite probable that the residential markets are reaching the bottom. We cannot know this, of course, until after the fact.
A science scene? The night got a bit tense when the brilliant but controversial author, evolutionary biologist and super-atheist Richard Dawkins appeared on the UC San Diego campus April 8 to accept the Nierenberg Prize for Science in the Public Interest.
Two physicians are betting the declining economy will bring students to their new venture, the California Medical College, which offers five certification programs.
Anadys Pharmaceuticals is tempting suitors to help bring its experimental hepatitis C drug to market by offering them a look at unreleased clinical data.
Willis Allen Point Loma joined forces with Mothers and Daughters Club Assisting Philanthropies, or Madcaps, and sponsored United We Give, the 49th annual musical review at Correia Junior High School in Point Loma.
Coronado First Bank reported April 13 an unaudited first-quarter net loss of $149,000, compared with a net loss of $79,000 for the first quarter of 2008.
Jerry Sanders has come under no small amount of scrutiny lately for taking a $104,000 a year salary as mayor of San Diego while collecting close to $90,000 annually in pension benefits for all the years he worked as a city cop.
The Keating Hotel's subterranean bar and lounge is getting into the swing of things , or make that the sway of things.
Notebook Was an Arrogant And Irresponsible Piece of Writing
Ledcor Construction has been awarded a $40 million contract for construction of a five-story, 119,392-square-foot Public Safety Center, with an attached 161,259-square-foot parking structure located at 100 Civic Center Way in El Cajon.
At the seventh annual Navigating the American Carbon World conference held April 1-3 at the San Diego Marriott Hotel and Marina, a major topic of discussion was how AB 32, the Global Warming Solutions Act, and related climate change regulations will affec
In the race to introduce new electric automobiles, Vista-based Aptera Motors plans to roll out a three-wheeled, battery-powered two-seater in the fourth quarter.
The Obama administration is determined to employ the American Recovery and Reinvestment Act and the U.S. Small Business Administration to make a big dent in the small-business credit crunch.
There are many considerations to make when evaluating a destination for specialized or discounted medical treatments that could involve, for instance, a plane to Costa Rica for a hip replacement , one that could also require a hired medical escort back.
LM Capital Group, a San Diego manager of fixed income portfolios for institutional investors, said April 13 that the Municipal Employees' Annuity and Benefit Fund of Chicago selected it to manage $300 million of its portfolio.
Pico Pharmaceuticals, a biotech startup with plans to make more potent cancer and anti-infective drugs, is starting off small. A staff of three full-time employees. A modest office in the University Towne Center area.
Construction of a Class A office building at Summit Rancho Bernardo is nearing completion.
Ventana Real is a three-building, Class A office park at 2173, 2175 and 2177 Salk Ave. in Carlsbad.
Cash-strapped hospitals are finding it cheaper to outsource X-ray, CT scan and MRI readings as their operating budgets shrink in today's economy.
Despite the downturn in many commercial and industrial real estate segments, the sale of detached, owner-occupied space continues, albeit at a slower pace.
Several local banks are poring over the books at 1st Pacific Bank of California for possible purchase, say sources close to the Business Journal.
Locally based Sony Electronics is restructuring its consumer sales and marketing operations and eliminating an undisclosed number of positions.
Town Plaza Communities, a 68-unit apartment complex at the corner of Ballantyne Street and East Park Avenue in El Cajon, has been sold for $6 million, or $88,235 per unit.
Home auctions continue to draw big crowds locally. Nearly 1,800 bidders attended an auction April 2 of 80 foreclosed homes at the San Diego Convention Center.
Just four days before surgery to alleviate chronic back pain, 36-year-old Sacramento insurance agent Wayne King found out his health care insurer was no longer willing to cover the procedure.
This spring, the Navy embarked on a five-year remodel of that same Point Loma site, which now houses 50 tanks that dispense marine diesel fuel and jet fuel.
Edward Kaen is chief executive of The Keating Hotel Group, a real estate, hospitality and restaurant development group.
Friday, April 10
The Port of San Diego is getting $3.5 million for security improvements around the bay as part of $388.6 million in grants made by the U.S. Department of Homeland Security.
San Diego-based Dunham & Associates sold a 20,000-square-foot parcel at Ash and State streets downtown for $6.25 million to Chhatrala Group, Colliers International said April 10.
Borrego Springs Bank said April 10 that it has contacted some of its customers whose personal data may have been stolen through the theft of seven laptop computers from the office of its auditor.
Thursday, April 9
New Padres CEO and eventual owner Jeff Moorad introduced his first hire April 7, naming Tom Garfinkel as the ballclub's president and chief operating officer.
Wednesday, April 8
SAIC said April 8 that it received a five-year deal to run the state of Hawaii's energy efficiency program.
Somaxon Pharmaceuticals must demonstrate that its sleep drug Silenor works in adult and elderly populations before it can seek FDA approval, the company said after meeting with regulators April 6.
WD-40 reported April 8 that its second quarter net profit was $4.1 million, down 53 percent compared to the like period of 2008.
Tuesday, April 7
Sony Electronics, based in San Diego, is restructuring its consumer sales and marketing operations and eliminating positions.
A spike in military construction means the Navy's building office will hire between 500 and 600 employees in the fiscal year that ends Sept. 30, a command spokesman said April 7. Most jobs will be in San Diego.
A former defense consultant was sentenced to 24 months in prison and three years probation April 6 in a San Diego federal court after pleading guilty to bribery in return for securing a contract from the Space and Naval Warfare Systems Command.
The U.S. Attorney's Office in San Diego unsealed an indictment April 7 charging 24 people with a variety of fraud and racketeering counts in connection with a mortgage fraud conspiracy that involved more than 220 properties with a total sales price of mor
Monday, April 6
Leading off this week's compilation of news from around San Diego County: An anonymous benefactor has volunteered to match up to $25,000 in donations toward the 2009 version of the U.S. Open Sandcastle Competition.
Even for a seasoned and powerful sports executive like Jeff Moorad, it was hectic as he completed his purchase of one-third of the San Diego Padres last month.
An eight-unit apartment complex consisting of two buildings at 1773-87 Bacon St. in San Diego was sold for $1,395,000 in cash.
One firm's quest to reduce its footprint in San Diego and focus on the South Bay has been an opportunity for Windermere Exclusive Properties.
Trying to help cash-strapped teachers who often pay out of pocket for supplemental materials, an independent book publisher in La Jolla is providing complementary materials to its books for free online.
Businesses across the United States, indeed worldwide, lean on 3E for help with regulatory compliance and other services involving the handling of chemicals.
Cybersecurity , as it relates to personal security and national security , will be the topic on the table at a panel discussion April 10 at San Diego State University.
"Globalization." The term has been around for more than 50,000 years, according to "Bound Together" author Nayan Chandra. But it has only been in the last 10 years that the term has penetrated public consciousness and, according to The Economist, was the
Well, this couple is all wet for good reason. Del Mar residents and documentary filmmakers Howard and Michele Hall attended a private screening of their latest IMAX release, "Under the Sea," which opened April 1 at the Reuben H. Fleet Science Center in Ba
The county's first Sonic Drive-In is rolling into Santee this week, literally.
San Diego-based Geary Interactive said April 6 that it laid off six employees on April 2.
Hensel Phelps Construction will soon break ground on a $412 million green federal courthouse downtown.
San Diego's radio broadcasters suffered a revenue drop of 11 percent in 2008, marking the second consecutive yearly decline, and the forecast for the next two years is no better, according to BIA Financial Network.
Patrick Dahms is executive chef at the Hilton San Diego Bayfront, a 1,200-room hotel in downtown San Diego.
Coronado Isle Townhomes LLC purchased an unfinished 10-unit apartment building on the 2200 block of Brant Street in Bankers Hill from East West Bank for $1.3 million.
A federal investigation into an $8 billion small-business program in four cities, including San Diego, found at least 36 instances where firms receiving contracts were not in compliance with regulations.
Village Community Presbyterian Church in Rancho Santa Fe is undergoing a $16.5 million development project that includes a new custom-designed, 9,000-square-foot playground.
So you say you want to be in motion pictures?
1st Pacific Bancorp blamed most of its amended $21 million net loss for 2008 on a single, unsecured land development loan that it had to classify as charged off or uncollectible.
Billions of dollars , billions , of perfectly safe toys, clothing, books, bikes, and other children's products are being taken off store shelves and thrown away, small businesses have been forced to close their doors forever, nonprofits and charities are
While the majority of us sit idly back awaiting the "Save the Economy Program" from the Obama administration to filter down to us, the Marines in North County are about to kickoff a major billion-dollar construction program that will keep thousands of our
The city of San Diego inched another step towards construction of a new City Hall when Ernst & Young presented the results of its independent review on March 25 to the city's redevelopment arm.
IBM and UC San Diego have teamed to launch the Center for Next-Generation Digital Media, which will explore technologies to power tomorrow's virtual worlds.
Friday, April 3
Two new restaurants at Lindbergh Field's Terminal 1 food court celebrated their grand openings April 3.
Dmitry Shapiro, founder of Veoh Networks, stepped into the chief executive's job April 1, replacing Steve Mitgang, according to published reports.
Traversa Therapeutics Inc., a San Diego biotech, said April 2 it obtained $5 million in series B funding.
Thursday, April 2
With home foreclosures still rising, some organizations are reaching out to provide advice on how to best deal with the issue.
A new art gallery opened April 1 at the far western terminal of Lindbergh Field, or Terminal 2.
Wednesday, April 1
Obesity drug developer Orexigen Therapeutics has named biotech veteran Michael Narachi as its president and CEO.
Cardinal Health said March 31 it will eliminate 1,300 jobs mostly over the next six months as it spins off its clinical and medical products business as CareFusion.