San Diego Business Journal

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Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
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O.C. Firm to Launch Accelerator for Cannabis Cos. in S.D.

An Orange County-based investment firm that has made more than three dozen investments in cannabis-related startups will launch an accelerator in San Diego this summer for companies in that arena looking to go public.

By Sarah de Crescenzo June 8, 2017 2:23 p.m. share »
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Doctible Inc. Raises $2.2M; Startup’s CEO Explains How

Many local founders say startup cash is hard to come by, but Michael Anderson isn’t buying it.

By Brittany Meiling June 8, 2017 2:21 p.m. share »

Penske Buys Three Fuller Dealerships in Chula Vista

SoCal Penske Dealer Group has acquired three of the Fuller auto dealerships in Chula Vista as well as the Fuller Collision Center.

By Brad Graves June 7, 2017 4:48 p.m. share »
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GreatCall Acquired by Chicago-Based Private Equity Firm

San Diego’s growing health tech company, GreatCall, is being acquired by a giant Chicago-based private equity firm, GTCR.

By Brittany Meiling June 7, 2017 10:10 a.m. share »
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Truepic’s Aim Is to Take Deceit Out of the Picture

Concern about the explosion of heavily edited selfies on dating websites led Craig Stack to drop a few bucks on a rather expensive domain name: Truepic.com.

By Brittany Meiling June 6, 2017 5:04 p.m. share »
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San Diego Advances Seven Spots in Startup Rankings

Step aside, Dallas, Denver, and San Fran. Startup activity is better in San Diego.

By Brittany Meiling June 2, 2017 12:38 p.m. share »

California Economic Index Increases in March

Comerica Bank’s California Economic Activity Index increased by 0.8 of a percentage point in March to reach 128.7.

By SDBJ Staff June 2, 2017 12:03 p.m. share »

Private Equity Firm Buys DirectMed Parts & Service

A San Diego supplier of medical imaging parts and services has been acquired by a Newport Beach-based private equity firm.

By Sarah de Crescenzo June 1, 2017 3:39 p.m. share »

San Diego Sees 8 Percent Year-Over-Year Growth in Construction Jobs

The number of construction jobs in San Diego topped 80,000 at April’s end, rising to 80,700 from 74,400 a year ago, according to a recent analysis of federal data by the Associated General Contractors of America.

By Sarah de Crescenzo June 1, 2017 3:23 p.m. share »
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Lending Programs Encourage First-Time Buyers

At least two local firms in the financial services sector have spied a business opportunity in the confluence of millennials’ interest in homebuying and the decline in refinancing volume as interest rates rise.

By Sarah de Crescenzo June 1, 2017 3:15 p.m. share »
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Cos. Step Forward to Help Navy Veteran With Home Repairs

RighTime Home Services San Diego and ARS/Rescue Rooter San Diego have donated and performed free home comfort work to a veteran in need.

By Stephanie Glidden June 1, 2017 2:30 p.m. share »

Qualcomm Sees NXP As Key to New Pursuits

Qualcomm Inc. is midway through its attempt to acquire NXP Semiconductors N.V. — a marathon effort that has the potential to reshape the company founded in 1985 in Irwin Jacobs’ seaside La Jolla home.

By Brad Graves June 1, 2017 1:50 p.m. share »

Guild Mortgage Offers 1% Down Payment Plan

San Diego-based Guild Mortgage has launched a loan program that requires homebuyers to come up with only a 1 percent down payment to be eligible for a grant for an additional 2 percent from the independent mortgage lender.

By Sarah de Crescenzo May 29, 2017 1:04 p.m. share »
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CCS Honors Those Helping to Prevent Domestic Violence

The Center for Community Solutions recently held its 18th Annual Tea and Tonic event at the Hilton La Jolla Torrey Pines. The sold-out crowd of more than 550 guests included local businesses, community leaders and philanthropists. The organization reported that preliminary event proceeds of more than $250,000 were raised to support its full range of domestic violence, sexual assault and stalking intervention and prevention programs.

By Stephanie Glidden May 25, 2017 2:57 p.m. share »
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New JCF CEO Takes Entrepreneurial Approach To Philanthropy

Beth Sirull, CEO of the nonprofit Jewish Community Foundation of San Diego, is bringing new fundraising strategies to the post she assumed in March.

By Emmet Pierce May 25, 2017 2:27 p.m. share »