Stories for May 2018
Thursday, May 31
Company said manufacturers are already developing products for the new XR1 platform.
More than 100,000 small businesses use Bizness App's platform.
San Diego-based ResMed will acquire HEALTHCAREfirst, which specializes in software for home health and hospice agencies.
General Atomics Aeronautical Systems Inc. said it successfully tested the jet engine that will be at the heart of its carrier-based refueling aircraft design.
Green Flash Brewing Co. announced the appointment of Michael Taylor to CEO.
Once-ousted CEO Joseph Payne is back leading Arcturus Therapeutics. Even he saw a return as a longshot.
Wednesday, May 30
LAW: Misclassification Could Bring Costly Penalties on Businesses
The California Supreme Court recently issued a ruling that is now changing the way employers classify independent contractors.
GAMING: Gear, Games And Player Participation Create Sector Worth Billions
Turtle Beach Corp., the San Diego company that provides gaming headsets and audio accessories for video game consoles, is experiencing explosive growth.
The California Life Sciences Association has a new board member: Jared Watkin, the senior vice president of Diabetes Care at Abbott Laboratories.
DonationMatch GiveBack Program enables nonprofit organizations to find local businesses willing to host fundraisers and streamlines such requests for businesses.
Zeeto’s software gives publishers the opportunity to ask questions of readers and, using the collected data, target them with ads.
Veteran Media-Sales Exec Joins From Desert Sun in Palm Springs
Barbara Chodos has been named president and publisher of the San Diego Business Journal, effective June 15. She will succeed Huntley Paton, who is moving to North Carolina to be closer to family.
Jennifer Nation is the former director of programs for Girl Scouts San Diego.
Tuesday, May 29
RETAIL: Co. Forecasts $20M In Sales; Plans to Add Stores
When former athlete-turned-model-turned-finance-guy Joe Kudla couldn’t figure out what to wear to his yoga class, he decided to switch gears and launch his own clothing line, Vuori, which he expects this year will bring in nearly $20 million.
SD 500 Update: Stone Opens in China; Grandesign’s Wonder
FINANCE: Investors Give UCSD Students Access To $25M for ‘Millennial Perspective’
Typically an investor has a few decades of investment experience under his or her belt before getting an ocean-view office.
Integration of escrow services and issue title insurance policies into Home Bay platform intended to reduce fees and paperwork.
Former Arcturus CEO Joseph Payne appears to have prevailed in a fight for control of the company.
Monday, May 28
TECH: Even Approval Won’t End Challenges for Qualcomm
Qualcomm Inc., most well-known for its smartphone chips, already has its processors in “smart” cars made by major automakers worldwide.
The store, which is located across from the Tyler Center at 10300 Magnolia Ave., in Riverside is the second to open outside of San Diego County.
Skateboard legend Tony Hawk has a new gig pitching a small business credit card for Chase.
PHARMA: Skipping Partnerships Can Build Profits and Skill Sets
Several San Diego biotechs — including Neurocrine and Arena Pharmaceuticals — are bucking the norm by handling drug commercialization themselves.
J. Craig Venter is retiring as the CEO of San Diego-based Human Longevity, Inc., about five months after reassuming the role.
Business events planned in the county for the week of May 28, 2018, and beyond.
Sunday, May 27
C.W. Driver Cos., a California-based builder since 1919 with seven offices in California — including San Diego and Carlsbad, announced that it hosted its third annual charity golf tournament benefiting San Diego-based nonprofit Solutions for Change.
On the southwestern edge of Rancho Santa Fe, tucked in between the communities of Del Rayo Estates, Del Mar Country Club and Montecito is Winland Hills. It’s an exclusive community off San Dieguito Road with just a handful of grand, gated estates — among the largest in all of San Diego County. Winland Hills Drive is easy to miss from San Dieguito Road and has the feel of a private, paved country road. It’s no more than a third of a mile long with no other connecting arteries, so it’s used only by the residents who live along it.
PROPERTY: Downtown Renters Seek Urban Feel That Comes at Lower Rent
Funky, older office buildings are the hot property of the day, especially in downtown San Diego where they are attracting more interest than some of the newer office towers.
DEVELOPMENT: Persistence Is Set To Pay Off as Pacific Gateway Readies To Break Ground on Massive Project
On June 1 it begins — the $1.5 billion transformation of a 12 acre-chunk of the downtown San Diego waterfront that’s been 12-years in the making.
Keeping up with rising construction costs is a difficult challenge for San Diego builders, contractors and developers, who said they’re facing a fierce demand for the materials they use and the workers they need.
RETAIL: Creating Experience And Community Can Pay Off
“Location, location, location.” The adage is just as valid for the successes of some brick and mortar bookstores today as it is for selling property — that and a bit of community engagement, too.
A group of volunteers that helps the San Diego chapter of Tech Coast Angels vet deals has become an integral part of the organization — and a potential bench of diverse future investors.
The trade war between the People’s Republic of China and the United States is on hold — at least for the time being. The Chinese and U.S. governments have spent the past few months threatening to impose various tariffs and other protectionist measures on the other, only to retract much of them after intense negotiations in Beijing and Washington, D.C.
Friday, May 25
Thursday, May 24
FOOD: Without Jack, Co. Will Ramp Up Staffing, Eye New Sites
Qdoba Mexican Eats has no plans to leave San Diego.
BIOTECH: From Cancer to Concussions, Efforts Change Cost, Course of Treatments
Banyan Biomarkers hit a milestone in February when its blood test for traumatic brain injuries won U.S. Food and Drug Administration approval.
ECONOMY: City’s Talent, Location and Collaborative Style Should Link It to S.D.
A San Diego entrepreneur’s day may go something like this: Commute to a local coworking space; for lunch, track down those grilled octopus tacos you’ve been hearing about; meet with a potential hire across town at coworking space; and post interview, stop at a local brewery for a craft beer or two.
FINANCE: Co. Doesn’t Expect Any Change to U.S. Tax Assessment
San Diego-based ResMed is challenging an Australian Taxation Office assessment saying the company owes $190.1 million.
A proxy fight between Arcturus Therapeutics’ board and former CEO will play out at a newly set June meeting.
The World Beach Games will take place in San Diego from Oct. 10-15.
San Diego-based Bloom Science, which emerged May 24, is drawing upon gut bacteria to develop medicines.
Carlsbad-based FMT Consultants announces acquisition.
Of 180 startups, 30 make the 2018 cut.
Wednesday, May 23
Lisette Polny, an Encinitas-based jewelry designer who owns the company Zofia Day, was tapped by Meghan Markle to create a custom-designed keepsake for the royal wedding bridal party.
This is the first of its cafés in North San Diego County, and the first location opened under the leadership of Jeff Taylor of PT’s Coffee Roasting Co., which acquired the specialty coffee retailer last year.
PROPERTY: Tools Help Gauge Interest, Seriousness
Back in 1999 when Real Capital Markets got started, there wasn’t much to the company.
The final piece to a 2.1 million square-foot Murphy Development Co. business park in Otay Mesa is falling into place with construction of a 79,050 square-foot building at 8500 Kerns St.
Items of interest about people in 2018 The San Diego 500, The Book of Influential Business Leaders:
David Hale, one of San Diego’s most prominent life science leaders, has announced the completion of a $60 million Series A financing for Neurana Pharmaceuticals Inc.
San Diego biotech Evofem Biosciences, which focuses on women’s sexual and reproductive health, announced a public stock offering on May 22.
Swinerton Builders announces opening of new Terminal Two Parking Plaza.
Tuesday, May 22
Leasing activity by life science companies finished strong in several San Diego submarkets for the first quarter of 2018, led by small- and midsize companies expanding or relocating to San Diego, according to a report from the commercial brokerage firm JLL.
PRODUCTION: Co. to Pursue System Solutions, Teams With SDG&E
It seems San Diego-based Maxwell Technologies Inc., which develops and manufactures ultracapacitor-based energy storage and power delivery solutions, has both hands on the wheel when it comes to providing that technology to the automotive industry.
Every day, millions of Californians go to pharmacies to get their prescriptions filled. It’s part of their routine, wedged between a trip to the dry cleaners and dropping off the kids at soccer practice.
The first open fare payment system in that country allows passengers to pay for travel using contactless credit cards and mobile wallets.
The publication has announced this year’s list of the fastest growing companies in the region.
Juan Carlos Hernandez replaces Marvin Groner, who served as CCO of California Southern for 25 years.
San Diego’s AristaMD has hired Adam Darkins, known for his work with the Department of Veterans Affairs, as the company's chief strategy officer.
The all-cash deal was announced by a Yageo executive at a news conference, the news agency said.
Monday, May 21
DEVICES: Thermo Fisher Exec Finds Infrastructure And Talent for Expansion
Maritza Diaz oversees operations at Thermo Fisher Scientific’s office in Tijuana. She splits her time between that office and the company’s campus in Carlsbad, her hometown.
The clubs are slated to open in spring 2019.
Startup cites virtual reality's "slow start" and high-profile hardware startup failures as factors in inability to raise additional money.
Viasat, Honeywell Aerospace expand in-flight internet to more business aircraft.
Since 2013, Kratos (Nasdaq: KTOS) has been making funded investments in its Unmanned Systems Division program.
The 9879 Carmel Mountain Road site is one of two locations the couple plans to open in San Diego.
The Gary and Mary West Emergency Department at UC San Diego Health last week was accredited as a geriatric emergency department, the first such accreditation in California and one of only eight nationally.
San Diego-based Cidara Therapeutics and Rutgers University were awarded a $5.5 million grant to research and further develop an immunotherapy platform.
The technology being developed would offer faster connectivity for a "fraction of the cost" of fiber, the companies said.
HEALTH: Drug Treats Seizures; Co. Prepares For Commercialization
A plant-derived cannabis medicine is poised to be the first of its kind to win U.S. Food and Drug Administration approval. A winner of the expected greenlight: Carlsbad’s Greenwich Biosciences.
Sunday, May 20
New rules for revenue recognition are working their way through the life-sciences industry, and diagnostics companies and labs stand to be significantly impacted—
The change, effective July 1, consolidates operations to a single provider.
DEFENSE: Viasat Using Commercial Model to Bring Such Capabilities Forward
Big Data has become a major component in the civilian world.
An insider’s takeaway from our Life Science book cover photo shoot with local titans Peter Farrell, Jay Flatley, Ivor Royston and J. Craig Venter at the Alexandria Center for Life Science at Campus Pointe: Bragging rights went to the humble Farrell for his recent up close at the Vatican with the pope.
Dawn Food Products, Inc., a global bakery manufacturer and ingredients supplier from Michigan, announced it has acquired Lakeside Bakery Supplies, a wholesale bakery distributor.
Mary Jean Anderson, owner and president of Anderson Plumbing, Heating & Air was named the Lifetime Achievement Award winner for the San Diego Business Journal’s “2018 Most Admired CEO Awards.”
Business events scheduled in the county for the week of May 21, 2018, and beyond.
Hudson Airom is responsible for Mitek Systems Inc.’s critical access to cloud resources. Mitek Systems Inc. is a San Diego-based cloud consulting company, so it is essential that they operate on high speed with the capability to develop and improve products and services.
Teradata is a global provider of data warehousing and analytics solutions, with annual revenue of about $2.5 billion.
Michael Hawman is CIO of General Atomics and its affiliates, which are among the world’s leading resources for high-technology systems ranging from the nuclear fuel cycle to electromagnetic systems, remotely operated surveillance aircraft, airborne sensors, and advanced electronic, wireless, and laser technologies.
Brad Williams directs all customer service functions for Petco, a global organization, which includes managing the operations and engineering team for IT end user services to more than 25,000 employees and contractors worldwide.
Ryan Fay has demonstrated exceptional IT leadership that has contributed to the EAP company’s growth, client retention, and industry innovation.
Jerome Fodor joined AbacusNext in 2013 and led the strategic technology development of Abacus Private Cloud from concept to commercialization, building one of the largest commercially available private clouds for legal and accounting professionals.
Ryan Rusnak co-founded Airspace Technologies in January. As a technology-enabled logistics service provider, Rusnak has guided the organization to integrate technology, people, and services through an automated software platform.
In addition to her CIO duties, Alicia Rodriguez also serves as the vice president of strategic initiatives for San Ysidro Health. She is responsible for IT, the Enterprise Project Management Office, and the Data Governance and Reporting teams.
Jonathan Behnke has been CIO for the City of San Diego for the past three years and has led an initiative to upgrade the digital capabilities to serve its 1.3 million residents.
Angela Moran is an innovative IT executive with experience in planning, developing and implementing IT solutions in both the public and private sectors.
Oceanside Unified School District Terry Loftus leads the Information Services, Educational Technology and Information Technology teams for the Oceanside Unified School District.
Johnson Lai joined Life Technologies in 2006 and helped scale its information systems during its massive growth, which led to its $13.6 billion acquisition in 2014 by Thermo Fisher Scientific.
In the words of Abraham Lincoln: It’s not the years in your life that count, it’s the life in your years. At just 39 years old, Marine, husband, father and cancer fighter Casey Cotton is leaving his mark on San Diego’s technology field.
TECH: Innovations Bring Efficiencies, Added Value
From health-care delivery to government affairs, automation and artificial intelligence are altering the way business is getting done.
United Way of San Diego County received a $100,000 grant from the David C. Copley Foundation and will use it to grow its early grade attendance and literacy pilot initiatives in City Heights and Lemon Grove. The grant will also help United Way share best practices with regional partners for greater reach.
Thursday, May 17
Its new, 7,600-square-foot office is in the historic Wonder Bread building near Petco Park.
PHARMA: Co. Transforms After Weight-Loss Flop
Arena Pharmaceuticals’ weight-loss drug flopped a few years ago, signaling a bleak future. That is, if you ignored Arena’s shelved compounds.
Product Liability Becomes Focus, Legal Services May Be a Bigger Market Than They Are Today
Embracing an emerging field of law, the Tyson & Mendes civil litigation firm has launched a practice aimed at defending the insurers and manufacturers of self-driving cars.
INNOVATION: Potential For Abuses Is Huge as Machines Make Decisions
In the near future, attorneys and the court system will be challenged to sort out who is liable when products equipped with artificial intelligence cause harm to persons or property.
Mobile Industrial Robots (MIR) announced the opening of an office in San Diego, led by Nicholas Temple, which marks the company’s second office in the U.S.
The utility donated a $131,600 to the San Diego Fire-Rescue Foundation and another $32,000 to the San Diego Regional Fire Foundation.
Doug Jackson moves into the top post. Company co-founders Jeff Goldberg and Tanner Haigwood continue to serve on the board of directors as stewards of the company.
Accelerator Life Science Partners, a life science investment and management firm, has opened a San Diego office at The Alexandria at Torrey Pines.
Groups aim to increase investor interest in Southern California region.
Wednesday, May 16
The inaugural cohort of the new San Diego accelerator program for women-led startups is nearing the end of the 12-week program.
TECH: Highly Touted in 2016, KnuEdge Cites Lack of Funds
A San Diego company that emerged from stealth mode with $100 million nearly two years ago after a decade of developing artificial intelligence technologies may be forced to close due to a lack of funds.
Former film executive Sherry Lansing, who led Paramount and Fox motion picture studios, has been named to The Scripps Research Institute board.
The investment pushed its Series A round, which was led by Revolution Ventures, to about $8 million.
BIOTECH: Acquisition Moves Co. Toward Push-Button Process for Analysis
Illumina bought data processing specialist Edico Genome for $100 million as part of a bid to expand genomics testing in research and health care.
Hamilton recently announced the launch of a $36 million fund to invest in black female founders' companies. A San Diego-based company is among those in which she has previously invested.
Work under these recent orders will be performed at secure Kratos manufacturing facilities.
Cubic and 4C Strategies will explore opportunities to further integrate the companies’ complementary products, services and solutions.
San Diego-based online education institution is launching a new bachelor of science in Computer Software Technology program.
Tuesday, May 15
While commiserating with Qualcomm workers left jobless in the wake of the company’s decision to cut roughly 9 percent of its local headcount, the region’s tech community is also eyeing the tech giant’s talented castoffs as a potential source of fuel for local innovation.
Items of interest about people in 2018 The San Diego 500, The Book of Influential Business Leaders:
Co-working companies are gobbling up office space in San Diego County, accounting for an ever-increasing share of the market.
There’s a two-pronged approach to the success and growth of Retirement Benefits Group (RBG), according to Darrell Alford, a company partner based in its San Diego office. T
As trade talks continue, it's unclear whether regulators in China have resumed reviewing Qualcomm's proposed acquisition of NXP Semiconductors.
San Diego-headquartered Petco announced on May 15 a partnership with the Los Alamitos-based JustFoodForDogs to open hundreds of “stores within stores.”
DB Networks, a privately-held predictive database data loss prevention company headquartered in San Diego, announced on May 11 it has changed its name to DB CyberTech.
The bank attributed $1.3 billion of its $1.7 billion in deposits as of March 31 to fintech clients.
Genomics giant Illumina has purchased Edico Genome, adding a processing platform to Illumina’s portfolio.
Monday, May 14
Looming layoffs of 1,231 workers from Qualcomm’s San Diego operations are leading the company to vacate or sublease about 222,000 square feet of space in five buildings over the next several months in a move likely to shake up the commercial real estate market around the chipmakers’ Sorrento Mesa headquarters.
More than 400 people have given up their lives jumping from the San Diego-Coronado Bridge since 1969 — with 98 in the past six years. San Diego and Coronado have become hosts to a suicide magnet that is now averaging 16 deaths per year.
San Diego-based MEI Pharma reported on May 14 raising $75 million through a private placement, led by Vivo Capital and CAM Capital.
Sunday, May 13
Cubic Global Defense business division earns $16 million contract to help train U.S. Navy
Thirteen of San Diego County’s top IT leaders received special recognition on May 10 during the 11th annual “Top Tech Exec Awards.”
The material highlights career opportunities and lifestyle amenities available in the San Diego region.
PROPERTY: Developer, Designer Plan Mixed-Use Project in Solana Beach
The man who was a driving force behind creation of the Cedros Design District in Solana Beach more than 25 years ago has come up with a project he hopes will breathe new life into the two-and-a-half block collection of shops, day spas and boutiques.
Jeff Campbell became CEO of Burger King at age 39 and says he was smart enough to do the job but wasn’t wise enough. Brainpower and energy can go a long way, but he points out experience brings patience and proper detachment. He held several other high-profile executive roles but last held a fulltime business gig in 2004.
Business events scheduled for San Diego County for the week of May 14, 2018, and beyond.
St. Madeleine Sophie’s Center, an El Cajon-based nonprofit, announced that it received a $35,000 Project Innovation grant from NBCUniversal Foundation.
EDUCATION: Earnings Fall as Company Becomes Online Program Manager
San Diego-based Bridgepoint Education, a for-profit postsecondary education services provider, said its revenue for the first quarter of 2018, which ended on March 31, came in at $118 million, down from last year’s first quarter revenue of $129.5 million.
TECH: Carlsbad Co. Digs Deeper on Analytics, On High Growth Trajectory
In an industrial office space in Carlsbad, Ezoic’s machines are learning. They are learning what makes a good website.
All that can be seen from the street of this home on Spindrift Drive in La Jolla is two sets of wooden doors on a four-car garage. It would not be discernible to the casual observer that the residence below is among the most exclusive and luxurious estates in San Diego County.
Friday, May 11
Thursday, May 10
Votes cast by attendees at the MetroConnect Grand Prize PitchFest on June 7 will determine which company is awarded the money.
PROPERTY: Construction May Start in 2019
At long last, after more than 25 years of talk and false starts, a $1.1 billion resort hotel and convention center on Chula Vista’s bayfront may be close to becoming a reality.
FINANCE: Advisors Get Access to Support, Tools Under One Sign-In
Financial advisors at national brokerages, called wirehouses, have been leaving to join independent broker-dealers or become registered investment advisors (RIAs) in increasing numbers since the global financial crisis a decade ago.
The private company based in Oceanside and Galway, Ireland, provides solutions to resolve severe and chronic wounds worldwide.
San Diego biotech Cidara Therapeutics reported a net loss of $16.7 million in the first quarter, compared to a $13.14 million net loss in the first quarter of last year.
Companies including Qualcomm, AT&T, Uber, Intel, GE, Matternet, AirMap and Cape are involved with the city's proposal.
Wednesday, May 9
SOFTWARE: New CEO to Push Sector Specific Solutions
VizExplorer, the San Diego-based operational intelligence solutions provider, is on the brink of transition.
PHARMA: Partnerships and Promising Pipeline Boost Co.
When Stanley Crooke formed Ionis Pharmaceuticals in 1989, he saw the venture as a longshot. He told investors as much.
San Diego’s stock of affordable housing for older residents got an ever-so-slight boost in April with the opening of a 75-apartment complex in North Park and the construction of a 62-apartment complex in Ramona.
Items of interest about people in 2018 The San Diego 500, The Book of Influential Business Leaders:
Businesses Encourage Employees to Give Back Effectively to the Community Using Their Skill Sets
A long list of big and small corporations in town have engaged social responsibility departments.
CIVIC: Third Parties Match Cos., Volunteers With Community Projects
Late last month, about 40 volunteers from a San Diego company painted the home of and built a brand-new shed for a local family as part of a beautification project.
Stock repurchases, which limit the supply of shares, are a way to lift stock prices.
Cohu, Inc. (NASDAQ:COHU), based in Poway will pay $796 million to acquire the Massachusetts-based Xcerra Corp.
Qdoba Mexican Eats said on May 8 it will be adding roughly 100 full-time positions to its corporate team in San Diego
San Diego-based Escient Pharmaceuticals launched with a $40 million Series A round, which will go toward a pipeline of novel drugs.
San Diego-based Neurana Pharmaceuticals raised $60 million in Series A financing for a relaxant that treats acute, painful muscle spasms.
Solana Beach-based Luna DNA raised $2 million in a new round of funding, led by Illumina Ventures and Arch Venture Partners, it was announced May 8.
Tuesday, May 8
FINANCE: Q1 Delivers Record Investment Locally and Nationally
Investment in San Diego-based life sciences companies hit a record high $417.9 million in quarter one of 2018, according to an April CBRE Group Inc. report.
Steve Fendley, senior vice president and division president of Kratos’ Unmanned Systems Division, took time from his Roseville office to speak with the San Diego Business Journal about the company’s Phase III work on DARPA’s (U.S. Defense Advanced Research Projects Agency) Gremlins project.
The new hires have assumed key positions in two of Maravai LifeSciences operating businesses: TriLink BioTechnologies and Cygnus Technologies.
CalciMedica focuses on calcium release-activated calcium (CRAC) channel drug discovery and development for the treatment of acute and chronic inflammatory diseases.
But the company won't say whether his departure was prompted by the widespread layoffs that are underway.
The report showed earnings of $358 million, a $94 million drop from last year's first quarter.
Seismic anticipates the acquisition will push it to $100 million in revenue by year’s end.
Monday, May 7
PROPERTY: Interior to Be Redone for Boutique Office Environment
A former U.S. Bank building on a prominent corner at the edge of Little Italy in downtown San Diego is about to undergo a dramatic transformation.
AG: More Selective Market Leads to Demand For Co.’s Organic Produce
Growing organic bananas runs in her family.
One San Diego brewer’s East Coast pain is another’s prospect.
Seqster's platform standardizes data from electronic medical records (EMRs), wearables, such as FitBit, and genomics reports, such as those produced by companies such as 23andMe.
Escondido’s Stone Brewing Co. announced on May 7 the official opening of its 9,500 square-foot restaurant and 10-barrel brewing facility in Napa, California.
Sunday, May 6
The San Diego Regional Chamber awards five local business for their achievements.
Southwest Airlines intends to offer nonstop flights from San Diego to Hawaiian Islands.
Cubic Corp.'s sales for the second quarter increased 12 percent to $278.6 million from $248 million in the second quarter of last year.
Bygone corporate strategy held that companies manage their business and responsibilities in silos — clients in one silo and shareholders in another. Human resources were separate, and charitable contributions an afterthought. Teamwork and integration were too often neglected. Interdependency of stakeholders was an unknown concept.
The Grossmont Healthcare District recently announced $90,000 in scholarships to 40 high school seniors who have expressed interest in a career as a health-care professional.
The masterful reincarnation of Prospect Place, the iconic California Modernist office building at the foot of Girard Avenue in La Jolla, into a collection of world-class, luxury residences is without equal. Now known as Muse La Jolla, it sits high above the sea that cradles the sandstone cliffs of the picturesque La Jolla Cove. The meticulous design of each unit’s airy open flow showcases the finest interior materials and finishes. The result is a serene, indoor/outdoor living environment with a transcendent view. Step outside and an upscale village lifestyle — with art, culture, shopping, dining or a soul-soothing stroll along the cliffs — beckons.
Plans for a fictitious Carlsbad development centered on a culinary school with two 150-room hotels, a community garden and office condominiums won first place for a student team from The Corky McMillin Center for Real Estate at San Diego State University in an April real estate design competition.
With the Port Commission and Chula Vista City Council unanimous approval, the Chula Vista bayfront plan is finally coming to fruition. As a third generation Chula Vistan, I share mixed emotions with other community members about this huge project.
Friday, May 4
Regulators in China are also set to determine the fate of Qualcomm's effort to acquire NXP Semiconductors NV, a Netherlands-based chip maker known for its automotive semiconductors, for more than $40 billion.
The awards recognize leadership, innovation and impact in the affordable housing and community development industries.
Thursday, May 3
Jonathan Spangler joined San Diego medical device company NuVasive in 2001 as its first attorney.
TOURISM: Bayfront Site Seen as a ‘Destination,’ Drawing Tourist Dollars
With the recent boom in sales in recreational vehicles the last few years, driven by adventure-seeking millennials and retiring baby boomers who are trading in swanky hotel stays for more outdoorsy ventures, it comes as no surprise that the recently-approved Chula Vista bayfront development project will be spearheaded by a state-of-the-art RV park.
The president and publisher of the San Diego Business Journal is leaving the organization this summer to return to North Carolina. “This is a family-first decision,” Paton said.
ECONOMY: Surveys Show Optimism Nearly Unchanged from 2017
San Diego craft brewers are still confident about the future of locally-made beer even as they worry about competition and market saturation.
OFFICE: Variety, Versatility Are Pluses of No Set Seat
Carissa Wisniewski as a managing partner of Moss Adams runs the company’s San Diego operations, but she doesn’t have a fancy corner office.
They’re not sexy and may not spring to mind as the most obvious commercial real estate investment of choice, but self-storage centers are chugging along with a steady growth in demand and corresponding increases in rent.
The company adjusted its guidance for 2018 revenue, citing the growing percentage of subscription licenses in its bookings mix.
The Scripps Translational Science Institute (STSI) was awarded $34 million in renewed funding to advance genomic and digital technologies in clinical care.
AMN Healthcare reported $522 million in quarter one revenue, up 6 percent year over year, fueled by higher-than-expected staffing needs.
The new corporate headquarters saw the relocation of 150 staff.
The report also includes a fundraising benchmarks worksheet to encourage nonprofits to evaluate their own important data to help drive strategic planning.
Wednesday, May 2
TRADE: S.D. Cos. Able to Avoid Some of the Complexities
San Diego biotechs are inking deals with Chinese firms to tap into China’s ever-growing demand for groundbreaking drugs.
RESOURCE: Water Reuse and Desalination Tech Is in Demand
Technology invented by IDE Technologies, an Israeli-owned water treatment company that has its Americas region headquarters in Carlsbad, is being used in demonstration projects in California that could change how the drought-prone state approaches wastewater reuse — and present the company with even more business opportunities.
PROPERTY: WinCo. Foods’ Presence Paves Way for Other Stores
A once-trendy Oceanside shopping center that was abandoned by many of its tenants as it fell out of favor is being redeveloped with a new look, new stores and what its owner said is a bright outlook.
For Many Doctors, the Demands and Duties Of Private Practice Drive Them to Group Practices
Concerned about the pressures associated with running a business of their own, many doctors in San Diego County and around the country are leaving independent practices to work for larger medical groups.
The proposal orders the companies to pursue options for supply that may be needed in smaller amounts and for shorter periods of time in the coming years.
San Diego-based Dexcom reported a 30 percent year-over-year revenue increase in quarter one results due a sharp increase in international sales.
Tuesday, May 1
NuVasive reported $260.5 million in quarter one results, a 4.6 percent year-over year increase, with its core U.S. hardware business showing solid growth.
Items of interest about people in 2018 The San Diego 500, The Book of Influential Business Leaders:
DEFENSE: It Disables Link; Military Said to Have Deployed System
Citadel Defense, a counter-drone company based in National City, is gaining interest and attention for its proprietary drone targeting system.
RETAIL: Jerome’s Expands Standalone Dream Shop Footprint
Everyone needs a mattress — and a recent report, along with announced expansion plans for one local company, are helping to prove it.
Companies are selected based on their potential as industry disrupters and on their readiness for venture capital investment.
Section 32, established in 2017, has put money from its first fund into at least 16 companies, including cryptocurrency exchange Coinbase and dockless bike-sharing service LimeBike.
Retailers planning to expand, relocate or move into San Diego County could be in a bind, according to a report from Marcus & Millichap.
ECONOMY: Creation Of Specialty Beer Hard To Swallow for Some
Ballast Point Brewing Co., which got its start in San Diego more than 20 years ago with a small group of homebrewers, is looking to give back to the city that gave the company a chance to grow.