SD BUSINESS JOURNAL DAILY ENEWS
Some of the business events scheduled in the county for the week of October 3, 2016, and beyond.
The Downtown San Diego Partnership announced Sept. 30 that its board of directors has voted to support the San Diego Chargers’ Measure C, which calls for a hotel tax hike to finance a proposed new stadium with convention facilities in East Village.
JMI Equity, a growth equity firm with offices in San Diego and in Baltimore, has invested $55 million in Higher Logic, a Washington, D.C.-based company that provides cloud-based community platforms.
Senomyx Inc., a local biotech that makes flavor enhancers, has extended its collaboration with PepsiCo.
San Diego-based general contractor Pacific Building Group recently completed a $7 million tenant improvement project for the downtown office of the U.S. Citizenship and Immigration Services department, which is part of the federal Department of Homeland Security.
Aran Cucine, one of the largest Italian kitchen cabinet makers, now has its first flagship showroom in the U.S. at a Solana Beach location.
SeaWorld Entertainment Inc. plans to invest $175 million in new shows and attractions nationwide in 2017, including its new Orca Encounter at SeaWorld San Diego. Officials said the investment will be among the biggest one-year capital-spending tallies in the theme park operator’s five-decade history.
August passenger traffic rose 2.1 percent from a year ago at San Diego International Airport, with the facility handling more than 1.9 million arriving and departing travelers during the month.
The value of San Diego County’s construction starts rose 28 percent from a year ago in the first eight months of 2016, topping $2.86 billion, according to the latest monthly figures from Dodge Data & Analytics.
CDC Small Business Finance, the San Diego-based not-for-profit lender, has received a $150,000 grant from the MUFG Union Bank Foundation to provide advising services to small businesses.
Following an agreement struck earlier this year by two San Diego-area Realtor trade groups to share resources, the CEO of the smaller of the two organizations has been tapped to head up both starting Oct. 1.
Qualcomm Inc. has joined several global wireless companies and German auto industry players in what the partners are calling the 5G Automotive Association.
Franklin Wireless Corp. — a Mira Mesa business that produces wireless modems, routers and hotspots — finished its 2016 fiscal year with net income of $1.61 million on net sales of $59.8 million. The company reported results Sept. 28.
Sprouts Farmers Market has leased 32,688 square feet in San Diego’s Clairemont neighborhood, with plans to open a new store in fall 2017, CoStar Group reported.
Sempra Energy’s Mexican subsidiary, Infraestructura Energética Nova S.A.B de C.V., prevailed in a recent auction to secure rights to two solar energy projects totaling 141 megawatts-ac.
Biotech upstart Sirenas LLC has landed a $775,000 grant from the Bill & Melinda Gates Foundation to discover potential therapies to treat neglected diseases.
San Diego outranks many of its competitor cities in “livability” measures such as parks and bicycle infrastructure and weather, but lags in areas including joblessness and poverty, according to a report released Sept. 29 by the San Diego Regional Chamber of Commerce.
Despite a shortage of homes for sale and mounting affordability concerns, California’s housing market will rebound slightly from 2016’s dip in sales activity to post a nominal increase in volume next year, the California Association of Realtors predicted in a report issued Sept. 29.
Qualcomm Inc. is reportedly in talks to acquire NXP Semiconductors NV in a deal that could be worth more than $30 billion. The Wall Street Journal made the assertion in a Sept. 29 report, citing unnamed sources.
The federal government is scrutinizing the proposed purchase of Hotel del Coronado by Chinese insurer Anbang Insurance Group Co., due to its proximity to a large U.S. Navy base, Bloomberg News reported.