San Diego Business Journal

SDBJ WEEKLY EDITION

In Case of Success Break Glass

LEADERSHIP: In a Time of Solid Ceilings, These 2 Women Shattered StereotypesIn a recent study conducted by The Center for Women’s Business Research, with support from Wal-Mart Stores Inc. and the National Women’s Business Council, the economic impact of the estimated 8 million U.S. majority women-owned businesses is $3 trillion.

By Marion Webb July 3, 2014 3:05 p.m.   $$ Share

Efforts Help Preserve and Present the ‘Art of the People’

Even after many years in San Diego, there are things I learn about some of the city’s most beloved places that amaze me.

Bigger Budget Approved for Park Planned at Horton Plaza

Not much has happened at the site of the former Robinsons-May building since it was torn down more than a year ago to make way for a new downtown public square park at Horton Plaza.

Tease photo

Executive Q&A: Susan Daly, attorney and partner with Hecht Solberg Robinson Goldberg & Bagley LLP

Susan Daly, a veteran commercial and residential real estate attorney with Hecht Solberg Robinson Goldberg & Bagley LLP, loves what she does, which is to “solve problems.”

Something for Everyone

PROPERTY: Varied Office, Industrial Markets Give Tenants Options

Trends like the comeback of San Diego’s downtown urban core, along with rising space demand fueled by the booming craft beer industry, contributed to continuing improvement in the region’s office and industrial real estate markets in the first half of 2014.

Find the Perfect View for Watching Downtown Luxury Develop

For this column, my goal was to get a true picture of the current market for high-end real estate downtown and to find out what it’s like to live in a thriving metropolis. The best way to do this is to talk to a real estate agent who has lived and worked in downtown for some time.

Local Lenders Making More – But Smaller – SBA Loans in 2014

Although San Diego lenders are generally making more loans backed by the U.S. Small Business Administration, loan amounts have declined for most of this fiscal year, according to the latest report from the SBA’s San Diego district office.

Co. Sees Short Trips as Point to Cut Pollution in the Long Haul

Short-haul truck trips originating at seaports and rail yards contribute their share of urban pollution. Transportation Power Inc. is trying to build a business around cleaning up such trips.

Tease photo

Zoos’ Ad Campaigns Show It’s Creativity That Captures Business

MARKETING: San Diego, LA Agencies Find Work In Each Other’s ‘Territory’

This summer, a new ad campaign for the San Diego Zoo Safari’s Park wants children to tap into their own “tiger power” while a new campaign for the Los Angeles Zoo brings home the message that even mischievous animals need a home.

Tease photo

Green Flash Brewing to Distribute in Europe, Expand to Poway

Beverage: San Diego Beer Maker’s Product Now Sold in 11 Other Countries

San Diego-based Green Flash Brewing Co. is the latest expanding beer-maker to extend the reach of its popular brews well beyond U.S. borders.

Tease photo

Grace Riding a Big Growth Wave Atop Internet Radios, Electronics

TECH: Co. Expects to Top $30M in Revenue in 2014

Grace Digital Inc. seems to be winning the consumer electronics game.

Tease photo

Co. Sees Need to View the Digital World Through a New Lens

Optical: It Precisely Incorporates Close-Up And Distance Vision

There’s a new affliction out there, the product of so many people constantly checking their smartphones and other digital devices.

Tease photo

Co. Sees Need to View the Digital World Through a New Lens

Optical: It Precisely Incorporates Close-Up And Distance Vision

There’s a new affliction out there, the product of so many people constantly checking their smartphones and other digital devices.

ITC Rules That ResMed’s Patents Still Infringed On

A Taiwanese manufacturer’s humidifier continues to infringe on patents held by San Diego-based ResMed Inc., the International Trade Commission has ruled, according to a ResMed news release.

Firm’s Data in Demand With Big Financial Cos.

FINANCE: BrightScope’s Growth in Revenue, Clients Leads To Increase in Hiring

BrightScope, a San Diego startup that began rating company 401(k) plans, is still rating those plans and financial advisers, but it is now making more money from all the data it’s collected, and signing up bigger clients.

All Jobs at Former Nokia S.D. Office to Be Cut

Tech: Microsoft Expects To Eliminate All Local Positions by mid-September

Microsoft Corp. plans to permanently eliminate all 378 positions at the former Nokia office in Rancho Bernardo before this fall as part of the company’s announced global restructuring affecting 18,000 workers.

Technology Drives Change in Model For Car Insurance

Big changes are ahead in how you pay for auto insurance in California. San Francisco startup Metromile launched pay-per-mile car insurance and has updated its connected car platform, which provides operational data that could have a huge impact on traffic patterns in San Diego and other metro areas in the state.

More S.D. Cos. Ponder Packing their Bags

Business: Most Staying, Citing Talent Among Reasons

One out of every seven companies here is thinking — at least half-seriously — about leaving San Diego County, following in the footsteps of some high-profile businesses such as Websense, Active Network LLC and Omnitracs LLC.

Fish Market to Lure Visitors to Waterfront

ECONOMY: It May Boost Commercial Fishing, Tourism

Local operators and government officials believe a fresh-seafood market debuting soon on the downtown San Diego waterfront could be a good first step toward restoring what was once a much more vibrant regional fishing economy.

Tease photo

Stone Packs Its Stein and Heads to Berlin

BREWING: Brewery, Eatery And Store Part of Big Plans

Years ago, some people told Stone Brewing Co.’s co-founder that he’d be crazy to take on the established players in beer-making’s European homeland, particularly Germany.

Tease photo

Recovery In Their Sites

Economy: Construction Jobs Rise as Projects Get Going

Work at Kaiser Permanente’s new hospital in Kearny Mesa is going smoothly — so well that the expected completion of the $900 million project was moved up several months to March 2016. And that progress is reflected in the construction employment levels on the site.

Commentary: Business’ Support for Financial Literacy Essential

Without properly enlightened prospects and customers, it is safe to say the San Diego business community will most likely diminish in expansion and accomplishment.

United Way, Volunteers Help Make Reading Part of Kids’ Summer

For the third year, United Way of San Diego County’s Day of Action helped San Diego families who cannot afford to buy summer reading books for their children.

Millennials Prove to Be Hard to Place Because of Expectations

STAFFING: Demographic Will Account for Nearly Half of Workforce by 2020

Retiring baby boomers are being replaced in the job market by a group of young professionals notoriously difficult to employ. While millennials have a reputation for high expectations and a sense of entitlement, recruiters and employers may need to accept that there is a new normal in the talent pool.

Tease photo

Executive Q&A: Tom Porter, president of Marquee Staffing

Tom Porter is president of Marquee Staffing, a provider of staffing, recruiting and placement services in Southern California, with three offices in the region. He founded the company in 1989.

Tease photo

More Than a Filling

STAFFING: In a Technology-Driven World, Placement Services Must Bring Top Talents to the Table

It sounds almost illogical: Engineers are in great demand, yet many working in the engineering-intense San Diego area are temps working on relatively short-term assignments. It is estimated that up to 20 percent of the engineers working in San Diego today are on temporary assignments.

Procopio’s New Associates Bring Diverse Talents to Its Team

Procopio, Cory, Hargreaves & Savitch LLP has hired three new associates: Trent Andrews, Natalie Mueller and Juan Pablo Zaragoza. Andrews’ practice encompasses business and corporate matters, including mergers, acquisitions, venture capital and private equity financings, securities matters, leveraged buyouts, corporate governance and other complex business transactions.

Co.’s Sophisticated Bomb Detection Is the Ticket for Airports

Turn on your cellphones, show off your tiny bottles of liquids and enjoy your flight.

Seacoast Commerce’s Quarterly Profit Doubles from 2Q 2013

Seacoast Commerce Bank was the area’s first community bank to deliver its second-quarter results, and it set the bar fairly high. For the quarter ended June 30, Seacoast Commerce, now in its 11th year and headquartered in Rancho Bernardo, reported net income of $501,000, or double what it did in profit for the same quarter of 2013.

Tease photo

Cross-Border Terminal Construction Underway

Developers and San Diego civic leaders recently announced the official start of U.S. construction for a new $120 million cross-border pedestrian bridge linking Otay Mesa with Tijuana International Airport.

Tease photo

Kleinfelder Sees Downtown as Central Place to Expand Globally

ENGINEERING: Access To Work And Workers a Key Driver in Co.’s Strategy

The increasingly overlapping worlds of energy, transportation and the environment figure into the business expansion plans of San Diego-based Kleinfelder Inc., and they were also a factor in the recent move of its headquarters to downtown San Diego.