San Diego Business Journal

SD FINANCE

Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

Women Founders: How To Get Men to Relate

FINANCE: Dearth of VC Due in Part to Lack of Understanding ProductsThere’s a clear and well-documented gender gap when it comes to scoring startup capital from investors. Women entrepreneurs receive less cash (less often) than men.

By Brittany Meiling August 10, 2017 12:35 p.m.   $$ Share

Qualcomm Acquiring Dutch AI Company

Qualcomm Inc. is buying Scyfer BV, a Dutch artificial intelligence business founded by a professor at the University of Amsterdam.

By Brad Graves August 16, 2017 1:03 p.m. share »

Silvergate Bank Reaches the Billion-Dollar Milestone

Total assets at La Jolla-based Silvergate Bank topped $1 billion for the first time in the bank's history during the second quarter, the bank reported Tuesday.

By Sarah de Crescenzo August 15, 2017 3:50 p.m. share »
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Avalon Ventures Loses Key Player

A long-time venture capitalist and active player in San Diego’s startup community has resigned from his near-decade post as a venture capitalist for Avalon Ventures.

By Brittany Meiling August 14, 2017 11:50 a.m. share »

Operator of Rock ’n’ Roll Marathon Plans Local Job Cuts

Competitor Group Inc., which owns the popular Rock ’n’ Roll Marathon series of long-distance running events that started in San Diego in 1998, has informed the state that it plans to lay off up to 145 local workers effective Nov. 15, as its new parent company moves personnel to its global headquarters in Florida.

By Lou Hirsh August 13, 2017 1:05 p.m. share »

Heritage Global Reports Q2 Results

Heritage Global Inc., a San Diego-based company that conducts liquidation transactions and valuations for distressed and surplus corporate and financial assets, announced a second-quarter loss of about $200,000 on total revenue of about $4.8 million.

By Sarah de Crescenzo August 13, 2017 12:57 p.m. share »

What's Missing From San Diegans' Personal Investment Strategies?

San Diegans have more confidence than the average American that they will reach their investment goals, but do the activities that would help them achieve those goals less often than the national average.

By Sarah de Crescenzo August 11, 2017 11:26 a.m. share »
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Co. Found an Opening in Subscription Box Trend

Matthew and Melissa Parvis jumped on the subscription box trend just in time to claim a sliver of an increasingly fragmented pie. Newcomers to the crowded market, however, will have to fight to survive.

By Brittany Meiling August 10, 2017 1:42 p.m. share »

Precision Approach Will Evolve Higher Ed

San Diego is home to a growing number of companies that are leveraging advanced technologies, data analytics and predictive models to address our society’s greatest challenges.

By David Andrews August 10, 2017 1:28 p.m. share »
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Festival Helps Surgical Team Go the Extra Mile to Help

The Scripps Mercy Outreach Surgical Team, or M.O.S.T., celebrated its 30th anniversary in style with a Mariachi Festival at Humphreys by the Bay.

By Stephanie Glidden August 10, 2017 1:24 p.m. share »
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Program Helps Pave the Way for Cos. Looking to Export

Coronado Brewing Co. aims to have its beer in Italian hands next year. Guru, the startup that works with cultural institutions to provide visitors with a digital experience, is eying museums in Singapore.

By Sarah de Crescenzo August 10, 2017 1:06 p.m. share »
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DHS Clears Some Legal Hurdles to Border Wall With Waiver

If it ever gets started, the proposed border wall between the U.S. and Mexico won’t have to abide by environmental and other laws that would otherwise impact a construction project in San Diego County.

By Lou Hirsh August 10, 2017 1:02 p.m. share »
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Executive Q&A Tom Wornham, San Diego Private Bank

Tom Wornham spent more than 30 years working at Wells Fargo, where he supervised thousands of employees.

By Sarah de Crescenzo August 10, 2017 12:56 p.m. share »

Two Venture Capitalists Named to Sirenas Board

Sirenas LLC, which uses deep data mining to advance drug discovery, has appointed two directors with venture capital experience to its board.

By Sarah de Crescenzo August 9, 2017 5:18 p.m. share »

American Medical Response to Be Acquired in $2.4 Billion Deal

American Medical Response, or AMR, which provides ambulance services in San Diego and across the country, will be acquired under a $2.4 billion cash deal announced Tuesday.

By Jared Whitlock August 9, 2017 5:10 p.m. share »