Stories for March 2018
Friday, March 30
The tallies for each of the 10 newly re-elected board members were down from last year’s voting results.
Thursday, March 29
For the year, Omnitek reported $1.1 million in revenues compared with $1.3 million in 2016.
UK-based Rooftop Cinema Club opens at Manchester Grand Hyatt San Diego April 12.
LEGAL: Avoiding It Can Be Tricky for Law Firms
A Carlsbad spine surgery company recently sued a law firm, highlighting a thicket of conflict-of-interest issues lawyers wade through in choosing clients.
BUILDING: Prices Were Already High; Some Projects May Be Cut
Some San Diego County contractors are bracing for what they said could be still higher steel and aluminum prices if tariffs take hold in what was already a rising market.
So-called creative offices with wide-open floor plans and few if any private offices are not only popular among tenants and landlords, but they also cost less, according to a study by the commercial brokerage firm JLL.
We do not have to look far beyond the past year to imagine a future made more extreme by climate change — longer periods with no rain and intense drought, extreme heat events such as wildfires, and flooding that threatens coastal communities.
Wednesday, March 28
A newly discovered earthquake fault line combined with new market studies have led to big changes in the $1.2 billion redevelopment plans for Seaport Village along the downtown San Diego waterfront.
Qualcomm’s Next Chapter - LEGACY: Pioneering Family’s Role Ends At Co.; Impact on Community Is Enduring
LEGACY: Pioneering Family’s Role Ends At Co.; Impact on Community Is Enduring
The Jacobs family (of Qualcomm Inc.’s renown) has put its stamp on the communities of San Diego.
TECH: Company’s Past Actions Ceded 4G to Qualcomm
Don’t be surprised Intel is ramping up its wireless competition with Qualcomm. The shocker is why the two haven’t been at each other’s necks for years.
TECH: Intel Ready to Take On Qualcomm For 5G Dominance
Intel Corp. is coming after Qualcomm Inc. — years after, you might say — in the battle for mobile technology dominance.
San Diego-based Buona Forchetta and Blue Water Seafood Market & Grill are part of the Petco Park food lineup beginning Opening Day, March 29.
Arcturus Therapeutics is suing its former CEO, nearly two months after he challenged the legality of the company terminating him.
Award winning chef, Joseph Elevado, joins Prepkitchen as chief culinary officer.
La Jolla-based Singlera Genomics has raised $60 million in a Series A+ round, which will go toward development and commercialization of its non-invasive genetic tests for early-stage cancer detection and clinical validation studies.
Tuesday, March 27
California State Treasurer John Chiang will introduce the California Business Incentives Gateway (CBIG) to San Diego businesses March 28.
The ASU+GSV Summit sounds a bit like organized madness, with up to 10 simultaneous stages of content, but the organizers must know what they are doing if they can get more than 3,000 people to pony up $3,095 each to attend the conference.
REAL ESTATE: He Finds Right Spot For Both Restaurant and Neighborhood
As Little Italy’s restaurant scene has exploded over the past few years, commercial real estate broker Nate Benedetto has played an active role in helping restaurateurs find the space for their concepts.
The San Diego-based brewing company will close its Virginia Beach production brewery and cease distribution to East Coast markets.
The U.S. Food and Drug Administration signed off on San Diego-based Dexcom’s G6 diabetes monitoring system, which doesn’t require finger prick blood draws for calibration, it was announced March 27.
RETAIL: TV Time, Walmart Shelf Space Give Product Good Exposure
Carlsbad-based Boobie Bar, which makes snack bars with “milk-making” herbs for new mothers, recently received a $150,000 investment for 20 percent of the company from a “Shark Tank” investor — money it has used to propel further expansion of its new product lines.
Monday, March 26
PROPERTY: Aim Is to Cut Car Use, Create Village Feel
What once would have been a conventional big-box shopping center in Rancho Penasquitos/Torrey Highlands will instead to be transformed into what Sea Breeze Properties owner Gary Levitt said will be a walkable community of retail shops, offices and residences.
Items of interest about people in 2018 The San Diego 500, The Book of Influential Business Leaders.
New Zealand Eats restaurant group adds another restaurant to its roster.
Sunday, March 25
San Diego based CDC Small Business Finance was awarded the Jody C. Raskin Microlender of the Year award by the Small Business Administration Administrator
Japanese food producer, Ajinomoto Co. Inc., will take over operations of Circle Foods L.L.C.
Business events happening in the county for the week of March 26, 2018, and beyond.
The inaugural flight from Frankfurt International Airport landed at San Diego International Airport March 22.
SoleMate, a company started by UC San Diego bioengineering students Surabhi Kalyan and Kristine Khieu, took first place at the school’s second annual Ignite Conference pitch competition.
EvoNexus is hosting a Demo Day at which eight of its founders will pitch their companies.
Just two miles from downtown Rancho Santa Fe and six miles from the beach is Buena Vista Farms, an exclusive 15-and-a-half-acre equestrian estate atop a peaceful oasis of exquisite Covenant land. Mature groves of lemon and olive trees, along with native California pepper trees, obscure the home from the road.
The San Diego American Indian Health Center held a ribbon cutting recently to celebrate the acquisition of the buildings that house its current location plus an additional building immediately north of the clinic that is designated for expansion of the organization. The ribbon cutting kicked off the capital campaign to raise an estimated $11 million for the renovation and expansion that will double SDAIHC’s capacity.
Much of California, including the San Diego region, is facing a housing crisis that legislators, real estate professionals and builders are nowhere near close to sufficiently addressing.
EDUCATION: Clopine Says Outreach Instrumental In Firm’s Robust Growth
Over the past nine years, Pure Financial Advisors has grown from a company with 10 employees that managed $50 million in assets to one with 60 employees managing assets of more than $2 billion.
SATELLITES: Duffy Navigates International Markets, New Segments
Probably every CFO gets something of a kick out of balancing profitability with industry-changing investments. But ViaSat Inc.’s Shawn Duffy gets a little more pumped up than most.
MERGERS: Reynolds Has Hand in Combining Leadership Programs
Advocating for San Diego County’s economic future is not a simple task but one made a little easier by a strong financial leader.
LEADERSHIP: Guided New Business Model, Served In Roles at Nonprofits
Like many CFOs, Jerry Rebel appreciates thoughtful and effective planning, which is why he gave his employer, Jack in the Box Inc., a year advance notice that he would be retiring this spring. The timeframe also helped he and his wife plan a move to Texas to be closer to family.
NONPROFIT: Pearl Puts Varied Background to Use For Charitable Organization
Jeremy Pearl never set out to be the financial guide behind San Diego’s oldest community foundation, but that’s where he proudly is today.
MANAGEMENT: Head Keeps Co. Growth on Track While Managing New Space
One of her biggest challenges, said Lindsey Head, CFO of San Diego-based J Public Relations, is making sure that the company’s technology and other support systems keep up with growth.
ELECTRONICS: Celms Pushes Employees To Find Creative Solutions, Savings
The ability for any executive to increase revenues while decreasing costs is bound to get that executive noticed.
TRANSACTION: Deal Caps a Busy Year For Financial Services Firms
In 2017, Dan Kilroy was instrumental in successfully concluding the acquisition of the two sister companies where he works as CFO, while at the same time managing the ongoing financial affairs of the growing investment services firms.
BIOTECH: Hougen Finds Inspiration For Pursuit of Drug Development
The generally small rate of pharmaceuticals that ultimately make it to market means it can be pretty dismal working for a drug discovery and development company.
FINANCE: Micale Manages Growth, Leads Strategic Plan
What a year 2017 was for Ashlee Micale, CFO and executive vice president at San Diego County Credit Union.
Friday, March 23
Paul Jacobs, former CEO and chairman of the board, took a bow at the annual shareholders meeting.
Thursday, March 22
Luna DNA, a startup led by former Illumina executives, has filled out its leadership roster.
Del Lewis was named 2018 president and will preside over the SDCCU Holiday Bowl.
Ronald Giannotti has been appointed as COO of Toft Group Executive Search, a San Diego-based firm centered on executive searches in life sciences and health care.
Wednesday, March 21
PROPERTY: Building To Be Connected to Current HQ Next Door
MedImpact is expanding its corporate headquarters campus along the Interstate 15 corridor.
A biomedical incubator has opened facilities for additive manufacturing and R&D in Carlsbad to aid medical device product development.
San Diego Habitat for Humanity and local nonprofit Sustainable Surplus Exchange have announced a merger of their business operations.
FINANCE: Signature Covers Bookkeeping To Business Insights
Signature Analytics CEO Peter Heald sees the scope of the rapidly growing financial firm’s opportunity through the lens of “the second black box” of small business — operational finance.
$10M Fund Targeted for ‘Community-Minded’ Borrowers
A group of San Diego investors is betting on locally based nonprofit organizations and social enterprises to the tune of $10 million.
The chef and restaurateur will instead focus on the company he co-founded, Puffer Malarkey Restaurants.
Tuesday, March 20
BIOTECH: Co. to Take on Previously ‘Undruggable’ Proteins
Even by startup standards, Vividion Therapeutics CEO Diego Miralles makes bold claims. He said the venture marks a “once-in-a-generation opportunity” to build a transformative company in San Diego.
EDUCATION: Universities To Be Nonprofits; Co. to Offer Management Services
Bridgepoint Education Inc. (NYSE: BPI) is taking a step back from its role as a higher education provider to become an Online Program Management (OPM) company, helping colleges and universities adapt to emerging technologies and other changes.
Co. Faces Many Challenges to Boost Languishing Stock Price, Fulfill Pledge to Stockholders
The San Diego chipmaking giant is preparing to face shareholders at its previously postponed annual shareholders meeting, scheduled for March 23.
WSCUC accreditation is recognized by the U.S. Department of Education and makes a school eligible for federal funding.
San Diego’s Human Longevity, Inc. has named Scott Sorensen chief technology officer as the company brings its genomics and health program to more locations globally.
Monday, March 19
Sempra Energy CEO Debra Reed becomes the fifth member of the SD 500 in 2018 to choose retirement. Her successor, current Sempra CFO and EVP Jeffrey Martin, also is in the SD 500.
DINING: Kitchen Staff’s Fresh Role Chef-to-Table Concept
A new Italian restaurant, Maestoso, has begun offering a unique dining experience: chefs will both cook and serve guests their meals, a concept called “chef-to-table.”
WORKFORCE: Sempra CEO Was Role Model and Mentor
Word this month that Debra Reed will soon retire as president and CEO of Sempra Energy is being received by local business leaders as good or not depending on how they view progress toward gender diversity in the top echelons of corporate leadership.
A Heron Therapeutics postoperative pain anesthetic billed as an alternative to opioids achieved positive late-stage trial results, boosting the San Diego company’s stock.
Toni Giffin has been chosen as the new chief executive officer and president of Goodwill Industries of San Diego County.
Kratos’ Mako is an unmanned aircraft that carries and operates weapons and advanced sensor systems.
Finalists and winners in 16 categories will be recognized at a special networking and awards program April 18 at The Westin Gaslamp Quarter.
Sunday, March 18
The salon suite franchise, which provides individual stylists with individual suites, has more than 200 locations - but plans to grow to 1,000 sites in the next five years.
Business events planned in the county for the week of March 19, 2018, and beyond.
AtYourGate allows passengers the ability to order food or retail items via mobile devices to be delivered at their gate.
San Francisco-based Twist Bioscience Corporation has opened a 2,500-square-foot office in Carlsbad.
Win Technologies USA will provide a casino management system for the new La Jolla Trading Post Casino.
Daré Bioscience, a San Diego biopharmaceutical focused on women’s reproductive health, has partnered with Orbis Biosciences to develop long-lasting injectable contraceptives.
BIOTECH: Illumina SVP Tackles Challenges
Susan Tousi doesn’t practice medicine, unlike many in her family tree. But Illumina’s senior vice president of product development is making her mark on health.
Steven Jones founded his diversity and inclusion consulting firm in 1993, and while there has never been a shortage of need for its services, there hasn’t always been this much demand.
Teradata Corp., the publicly traded data analytics business that has about 1,000 employees in Rancho Bernardo, has created and filled two new executive positions based in San Diego.
San Diego biotech Crinetics Pharmaceuticals, taking aim at endocrine-related cancers and endocrine disorders, raised $63.5 million through a Series B financing round.
In a flurry of moves announced March 8, Alphatec acquired SafeOp Surgical, raised $50 million and installed Patrick Miles as CEO.
A Valley Center housing development rejected by voters in 2016 has been retooled with what the developer said is a host of improvements, including plans to add an elementary school and renovate an existing fire station or build a new one.
An East Village project aimed at providing housing for people at risk of becoming homeless has been approved by Civic San Diego, the city-owned nonprofit agency that oversees downtown development.
The Burnham-Moores Center for Real Estate at the University of San Diego was rated the top real estate program in the nation for undergraduate students in 2018 by College Factual, an online college rating site.
Ramona R. Whitley has been named chief business development and marketing officer at Allen Matkins. She will lead client relationship and marketing initiatives, for the real estate and business law firm.
Two years ago, three La Jolla High School students formed Clean for a Cause, a nonprofit to recycle plastic, aluminum, and glass at CRV redemption centers and donates funds raised from those recyclables. During this time, Cause has recycled approximately two tons of material. Led by Mason Matalon, a senior at LJHS, Clean for a Cause announced that it has made its first donation to San Dieguito River Valley Conservancy.
The world is in the midst of a fundamental change in how people work and the words they use to describe it. When San Diego residents discuss full-time, permanent employment, it remains straightforward, “I work full-time at [insert employer].” However, how do they relate non-permanent employment?
Friday, March 16
Until recently he was executive chairman of the board.
It's unclear how he would finance a bid for the company, which has a market value of about $90 billion.
Thursday, March 15
ThinkTank Innovation plans to launch additional incubator and accelerator programs for entrepreneurs in the future.
As ordered, Broadcom has also withdrawn its slate of nominees for the Qualcommm board of directors.
LEADERSHIP: IT, Acquisitions, And Work Come Out of The Silos
For decades Cubic Corp. has traded on its innovative streak.
Sector Faces Daunting Task of Finding And Competing for Qualified Employees
Cybersecurity professionals are in short supply. Even in cyber-rich San Diego — where the U.S. Navy has its information technology command — there are challenges to filling jobs, local executives said.
Schools Offer Variety of Programs to Help Fill Need for Talent in an Important, Growing Sector
San Diego County universities have launched cybersecurity degree programs to meet the growing demand for experts who can prevent online attacks and information theft.
The program is dedicated to elevating women through tailored coaching, mentorship and skill building.
Startup San Diego wants to become a year-round presence in the startup scene, and is looking to hire an executive director to make it happen.
Carlsbad’s Ionis Pharmaceuticals is entrusting Akcea Therapeutics, a spinout of Ionis, to commercialize the drug inotersen ahead of a showdown.
Elizabeth Fitzsimons named vice president of leadership and engagement.
Stone Brewing Company, Green Flash Brewing Company, and Karl Strauss Brewing Company were listed.
Wednesday, March 14
When did public sidewalks become acceptable places for companies to leave unattended equipment or materials?
Sudberry Properties’ first mixed-use retail project in its Mission Valley Civita development will include 103 affordable apartments for seniors and 203 affordable apartments for families.
John Hood turned a cast-off drug into a multibillion deal.
BIOTECH: Partnership to Put Genomics Data in Files
San Diego’s Edico Genome recently inked a deal to incorporate genomics data into electronic medical records, a cutting-edge space for which the company appears to be well positioned.
San Diego biotech Crinetics Pharmaceuticals, taking aim at endocrine-related cancers and endocrine disorders, raised $63.5 million through a Series B financing round.
Accion's new Rapid Loan program streamlines the process of getting smaller loans, which the organization said it expects to lead to a higher volume of lending this year.
Tuesday, March 13
InnovaSystems International LLC is being awarded a $25.4 million indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee contract...
From our view, there was nothing to like, and much to dread, if Broadcom had succeeded in taking control of Qualcomm.
Orexigen’s weight-loss prescription drug, Contrave, didn’t meet sales expectations, running afoul of an agreement with creditors, according to court documents.
BANKING: Funding Backs Fintech Plans, Possible IPO
San Diego’s Silvergate Bank plans to go public as soon as this year — and its prescient bet on fintech has helped it prepare by more than doubling its equity capital, bringing on a dozen new strategic investors — including its first-ever cryptocurrency client.
The deal was prohibited at the recommendation of a Treasury Department committee that reviews transactions for nation security implications.
Monday, March 12
The order directs Broadcom to end its proposed takeover of the San Diego tech giant.
FUNDING: Crean Brings Strategic Alternatives For Finding Growth Capital
Traditionally, venture capital funding is the blood that pumps the heart of a life science company. But, if you ask David Crean, it’s not the only way.
Noble House Hotels & Resorts appointed Michael Feeley general manager of the Mission Bay hotel.
Sempra Energy CEO and president Debra Reed plans to retire in May, ending a 40-year career with Sempra companies, and on the heels of a multi-billion deal.
The Committee on Foreign Investment in the United States, which is investigating Broadcom's proposal to acquire Qualcomm, said the transaction would harm national security.
About two-thirds of Teradata's leadership team are based in San Diego.
NONPROFIT: Cota Helped Grow Organization To 13 Clinics, 700 staff
Irma Cota recalls the beginnings of her health care career in the most simple way: As a young farmworker traveling the Central Valley with her sister, mom and aunt, she was one of the few workers who fluently spoke English and Spanish, so she frequently was put into a role as an interpreter.
OUTREACH: Bollinger Leads Effort to Prevent Type 2 Diabetes Epidemic
Martin Luther King Jr. said, “There is no human circumstance more tragic than the persisting existence of a harmful condition for which a remedy is readily available.”
For Sean Daneshmand, an obstetrician who specializes in caring for women with high-risk pregnancies, interacting with his patients is nothing short of inspirational.
TECHNOLOGY: Davis Develops Tele-Care System For Military Critical Care
Dr. Konrad Davis is on the cutting-edge of using technology to provide better and more cost-effective health care to patients, and it’s a place where he feels comfortable.
MEDICAL: Doucet’s Work Extends From ER To Med School, Community
Dr. Jay Doucet is on a mission to put himself and his colleagues out of a job. Doucet, a trauma surgeon, administrator and medical school professor, said nearly all of the trauma cases he sees at UC San Diego Health – including vehicle accidents, burns, falls and gunshot wounds — are preventable.
SERVICE: Graheck Extends Care to Staff, Patients and Families
Alvarado Hospital Medical Center clinical educator Anne Graheck saw to the details after a local mortuary brought an American flag to drape over a military veteran who had just died in the intensive care unit.
TRANSITION: Jones Leads 4-Month Effort to Absorb Scripps Service
The Elizabeth Hospice President and CEO Jan Jones can’t bear the thought that someone might need her organization’s help but doesn’t know it’s available.
OPERATIONS: Wellis Broadens Approach to Mission of Saving Lives
It’s hard to argue with medical procedures that curtail the demand for blood. But consider what their advent means for blood banks.
Custom Content from the San Diego Business Journal
The 2017 tax reform legislation, commonly referred to as the Tax Cuts and Jobs Act, has a significant impact on individual taxpayers as well as businesses.
Sunday, March 11
Business events planned for the week of March 12, 2018, and beyond.
DINING: Bar, Restaurant Planned for Gaslamp Site
Once a saloon, a brothel and a children’s hospital among its many incarnations, the Grand Pacific Hotel in San Diego’s Gaslamp Quarter may return to its roots in a way with a downtown developer who wants to turn it into a multistory restaurant and bar.
BIOTECH: Customer Controls Info, Can Contribute to Research
Between 23andMe, the omnipresent Fitbit and the electronic medical records created with each doctor’s visit, quantifying our health has become mainstream.
The move comes as the company readies for a meeting at which its shareholders will vote whether or not to replace the majority of its board with Broadcom nominees.
Companies that are selected get introductions to prospective mentors, advisors and investors.
In a flurry of moves announced this week, Alphatec acquired SafeOp Surgical, raised $50 million and installed Patrick Miles as CEO.
A new Italian restaurant, Maestoso, will offer a unique dining experience called "chef-to-table."
Items of interest about people in The San Diego 500, The Book of Influential Business Leaders:
Taner Halicioglu continues to keep a low public profile, but his name is now officially a permanent part of the UC San Diego landscape. Halicioglu is a UC San Diego alum who was the first non-founding employee at Facebook. In 2017, he donated $75 million to his alma mater.
A landmark Carlsbad building noted for its high-profile windmill visible from Interstate 5 is being transformed into a food hall in a trend that is spreading in San Diego County.
The original developers of the master-planned community of Santaluz were ahead of their time when they began development in the late 1990s with environmental stewardship as its fundamental principle.
As San Diego debates what should be done with the former Chargers’ stadium site, and stakeholders debate the current status of the remediation of the petroleum plume from the Mission Valley terminal tank farm, there are potentially other environmental issues that shouldn’t be overlooked. While the site doesn’t have much in the way of historical industrial land uses, it does have a history of large-scale commercial agriculture.
The Boys & Girls Clubs of Carlsbad announced that it has offered its gym free of charge to Ethan Hope, an enterprising young man with a big heart.
Friday, March 9
Jeffrey Henderson, an independent Qualcomm director, will now head the board as its non-executive chairman.
Thursday, March 8
San Diego biotech Forge Therapeutics, dedicated to fighting superbugs, is expanding to a 7,000-square-foot space in Torrey Mesa.
BIOTECH: Co. Finds Right Balance for Work On Drug, Delivery System
Halozyme Therapeutics seeks big returns on two fronts. Royalties in one could hit nearly $1 billion by 2027. The other holds even bigger potential.
SOUTH COUNTY: Construction Expected to Begin in September
A huge office campus which Chula Vista officials said could transform the city from a bedroom community to the employment center of South County is close to becoming a reality, with developer Chesnut Properties having invested about $10 million in the site and construction expected to begin in September.
DEFENSE: Co. Is Hiring; Local Facilities Expand
At Cobham PLC’s Kearny Mesa factory complex, technicians bend over microscopes, applying deft touches to the defense contractor’s electronic products.
The Hopper will integrate tour transportation and ticketing services.
The company, which quotes more than $3 billion annually, is the largest privately held insurance company in California.
The Public Utility Commission of Texas on March 8 approved Sempra Energy buying Oncor Electric Delivery, the last remaining regulatory obstacle in a $9.45 billion deal expected to close shortly.
Wednesday, March 7
UTILITY: Well-Managed Co. Could Help Diversify Earnings
Sempra Energy looks set to buy a utility operating in a state where demand for power is growing, within a region where it already owns significant energy infrastructure, adjacent to a foreign country where it has a strong industry foothold.
Oceanside is running out of room for construction of new industrial projects, and there’s not much room left for companies that want to lease space in existing buildings.
Millennials are driving demand for sustainable investment options.
Investors Increasingly Seek Outlets For Social, Environmental Options
Demographic changes and the availability of more information than ever about businesses’ operations are contributing to a shift toward sustainable and impact investment options.
The firms combined will serve more than 10,000 companies across the U.S.
On March 12, UC San Diego Health will open the Koman Family Outpatient Pavilion, sporting specialty services for breast, urology, sports medicine and spine care.
Tuesday, March 6
Business events planned in the county for week of March 5, 2018, and beyond.
BEAUTY: Cordless Hair Dryer Was an Engineering Challenge
Ryan Goldman held his hand to the mouth of the roaring blow dryer, feeling its power and heat.
Items of interest about people in The San Diego 500, The Book of Influential Business Leaders:
Derek Barclay, cofounder of LoanHero, is relocating to Georgia, where LendingPoint is headquartered.
The San Diego biotech will receive the payment as part of a four-year collaboration with Celgene.
Mark J. Gergen has joined San Diego-based Poseida Therapeutics as chief business officer and chief financial officer, bringing 25 years of life sciences experience.
John Hood and his wife Sally have bought a $21.5 million mansion on an oceanside bluff in Del Mar in the county’s most expensive real estate transaction since 2007.
Qualcomm investors were slated to vote March 6 on whether to give Broadcom a majority on Qualcomm's board of directors. The Committee on Foreign Investment in the United States has ordered the meeting delayed.
Monday, March 5
Samsung’s newly unveiled smartphone, the Galaxy S9, contains Qualcomm Inc.’s newest premium processor, the Snapdragon 845 mobile platform, in select regions of the world. Qualcomm (Nasdaq: QCOM) made the announcement at the Mobile World Congress event on Feb. 25 in Barcelona, Spain.
There was other news that took in Qualcomm and Samsung. The South Korean company operates foundries that have produced Qualcomm chips for decades. The two companies said Samsung will produce Qualcomm chips with extra-thin, 7 nanometer wide circuitry, produced using the cutting-edge extreme ultraviolet (or EUV) lithography process.
Carlsbad-based Viasat Inc. rolled out broadband internet service on its Viasat-2 satellite during the last days of February, billing it as the fastest satellite-based home internet service across the nation.
Certain California universities have a reputation for churning out companies in addition to ground-breaking research.
San Diego’s Skyline Hills Branch Library and Kaiser Permante Medical Center in Kearny Mesa were named two of the best construction projects of 2017 by the Associated General Contractors of America, with awards going to Barnhart-Reese Construction as the general contractor.
San Diego’s Bank of Southern California plans to buy a Los Angeles-based bank in a cash-and-stock deal valued at about $44.1 million, a move that would create a new company with about $750 million in total assets. The bank it plans to acquire, Americas United Bank, was founded in 2006 by a group of Los Angeles-based entrepreneurs.
Silvergate Bank has reported net income of $8.7 million in 2017, the highest in the bank’s history and about 7 percent higher than its 2016 total, $8.1 million.
Encore Capital Group Inc., a San Diego-based company that buys and sells credit card debt, reported 2017 net income of $83.4 million on total revenues of $1.2 billion.
San Diego lender Guild Mortgage has reported overall loan volume of $15.94 billion for 2017, down less than 1 percent from $15.96 billion in 2016.
Carolina Bravo-Karimi and Emily Fox were elected partners at Wilson Turner Kosmo LLP, effective January 1. Bravo-Karimi and Fox, both 2008 graduates of the University of San Diego School of Law, began their new roles at the largest women-owned law firm in both San Diego and California.
At the southernmost tip of Del Mar a secluded home sits atop an ancient sandstone cliff 100 feet above the sea. Insulated from all other residences nearby, it overlooks the coastline southward to Torrey Pines State Beach and the tip of La Jolla. In the distance hang gliders drift in the wind, pods of whales journey by and dolphins frolic in the surf as the mesmerizing seasons of the sea progress. Cocooned into a cove of sandstone cliffs, the home is a singular masterpiece that weaves luxury, architecture and seclusion into one transcendent tapestry.
Helen Woodward Animal Center announced it put on its Sixth Annual Doggie Gras Parade that showcases its “orphaned” pets by marching into the farmers market in Rancho Santa Fe. The event invited participants to support animal rescue “Mardi Gras-style” by creating colorful costumes and parade floats for the participating animals.
The year is 1999. I’m sitting outside Irwin Jacobs’ office, preparing for my first meeting with the CEO of Qualcomm. I remember Jacobs’ first words well: “Welcome to San Diego, Kevin, how can I help you?” And there it is, Jacobs asking how he can help me, not the other way around.
Clients of Carlsbad’s Triangulum Biopharma include the likes of NASA, or National Aeronautics and Space Administration. Yet Triangulum won’t comment on the specific nature of the contract.
Sunday, March 4
San Diego’s Beacon Discovery formed a multi-year drug discovery collaboration with Takeda Pharmaceutical Company centered on gastrointestinal disorders.
The Carlsbad drugmaker reported positive early stage data on a potentially groundbreaking drug to reduce the underlying cause of Huntington’s Disease.
Buona Forchetta restaurant is opening a second location in South Park
Donald Breen was previously chief financial officer and corporate secretary at Cheddar's Scratch Kitchen, which was acquired for $780 million by Olive Garden parent company Darden Restaurants in 2017.
Thursday, March 1
PROPERTY: Many Projects in Pipeline; Amenities Abound in City
Carlsbad is a big draw for companies looking for industrial and office space.
Seismic shifts in technology and sports are ahead, judging from a daylong conference at UC San Diego.
Jeran Fraser knows what it’s like to be an entrepreneur.
San Diego’s Okogen received $10 million in Series A funding to advance the company’s lead candidate for viral conjunctivis, commonly known as pink eye.
Ionis Pharmaceuticals in Carlsbad Reported $508 million in 2017 revenue, a 46.3 percent increase over the previous year, driven by rising drug royalties.
UCSD is the first university in the nation to sign a comprehensive partnership with Lyft.
This year Chick-fil-A says it aims to open a total of 140 new eateries across the country.
Activity Business Center will be rebranded and renovated.