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

Rural Charms Offer a Perfect Setting for Luxurious Living

What I love about San Diego County, unlike most large urban areas, is that it has pockets of hidden communities that were formed for an explicit reason.

EV Charging Station Surcharge Is Wrong Road

Sempra Energy is proposing a surcharge on every customer — rich and poor alike — in order to raise $100 million for the installation of 5,500 Electric Vehicle (EV) charging stations.

San Diego Well-Positioned to Lead Cyber Security Fight

In this column last week I described the threats posted by cyber attacks on our key commercial and national defense infrastructure and the cyber theft of financial information and intellectual property as the “Ebola of business.”

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San Diego Girl Makes Some Giant Strides for Soles4Souls

Instead of going to the beach or hanging out with friends, 11-year old San Diego resident Trinity Barbera recently collected more than 2,000 pairs of shoes to help Stride Rite and the global nonprofit Soles4Souls.

Military Compensation Average Outpaces Civilian Pay Locally

DEFENSE: Total Said to Be $15.5B According to Study

San Diego’s active duty military personnel are “a force for good,” as the Navy says in a televised ad, and especially good for the local economy.

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Pace of Construction Projects Slows as MCI West Winds Down

CONSTRUCTION: Shift Toward Pacific Region Strategy Brought Work

Military base construction projects remain a potent economic driver in San Diego County, but not with the same impact seen in the 2007-2012 period when the Defense Department completed $4 billion in enhancements to local installations, according to the San Diego Military Advisory Council.

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Medical Community Finding Some Success in Treating PTSD

HEALTH: Variety Of Treatments Used to Deal With the Disorder

Military health care organizations in San Diego are investing in research to help staunch undiagnosed post-traumatic stress disorder among soldiers and veterans and to find out which treatments actually work.

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This Organization Helps Open the Door to Defense Contracts

ECONOMY: Group Can Be a Guide; It Can Also Advocate for Industry

Selling to the government is hardly simple, but by joining forces, contractors like Doug Ray make things easier for themselves and each other.

Achates Is in the Race for an Engine Contract Worth Up to $20M

Achates Power Inc. expects to learn by the end of the year whether the U.S. Army wants to continue a relationship which — in the company’s view — is humming along nicely.

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Playing Defense And Offense

Companies Can Benefit From Learning How To Commercialize Their Military Innovations

Cubic Corp., SeaBotix Inc. and ViaSat Inc. have business models that other defense contractors might want to study — even emulate — as San Diego’s defense sector rolls into what promises to be some rollicking, budget-cutting years.

Pendry Joins the List of Luxury Downtown Hotel Projects

Two more high-profile, hospitality-related projects recently broke ground in San Diego’s downtown area, giving continued heft to its status as the region’s prime hot spot for new development.

Neighborhood National Bank Slowly Filling Its Tanks These Days

If you’re a gas station owner looking for a loan, don’t bother visiting Neighborhood National Bank. It’s not that the San Diego lender can’t support anything connected to the oil industry. It’s just that it’s gotten hosed by a couple of problem loans to gas station borrowers.

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Synthetic Biology Seen as Game Changer for Drug Development

BIOTECH: Process To Be More Efficient And More Expansive

The phrase “synthetic biology” might sound like an oxymoron meant for science fiction novels, but it’s not for Synthorx Inc., a small biotechnology company in Torrey Pines. Synthorx is developing a new — and a little bit scary — way to create and protect life.

Surf Air Expands To Carlsbad

Surf Air, a private-membership airline using small aircraft, plans to begin service to McClellan-Palomar Airport in Carlsbad on Nov. 18.

Qualcomm to Buy British Company for $2.5B

Qualcomm Inc. said Oct. 15 that it has agreed to buy CSR plc, a British fabless semiconductor company, for $2.5 billion in cash.

Signatures on Wage Referendum Validated

WORKFORCE: City Council Can Act or Measure Goes to Ballot

Registrar of Voters has validated signatures collected by opponents of a recently approved hike in San Diego’s minimum wage, meaning enforcement will be delayed until the issue is decided by voters.

‘Near Sourcing’ Of Manufacturing Has Arrived

Carlos Nunez, chief medical officer of San Diego-based CareFusion, the medical device manufacturer being sold in a $12.2 billion deal, said on Manufacturing Day that all of their U.S. manufacturing facilities pale in comparison to its facilities right across the border, in Tijuana and Mexicali.

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Housing Seen as Key for Border Region Growth

PROPERTY: Infrastructure Improvements Being Made

Pieces are slowly falling into place to turn the Otay Mesa region into a vibrant future hub of cross-border business activity. And if one recent high-profile deal is an indicator, observers say the border-adjacent region could become more attractive to those investing in residential projects.

Ashford Leader Changes The ‘Campus’ Culture

EDUCATION: Reforms Keep Coming in Challenging Climate

It’s been two years since Richard Pattenaude was named president of Ashford University, and he’s still getting used to change that occurs much faster than at his past job.

Medical Device Tax Repeal Likely DOA

BIOTECH: Local Companies Say Many Jobs Are on the Line

Last month the U.S. House of Representatives voted in favor of a bill that would repeal part of the Affordable Care Act — a 2.3 percent medical device excise tax expected to generate $30 billion in 10 years. However, experts say prospects look bleak for the U.S. Senate and president to follow suit.

Gas Tax Increase Should Be Openly Debated

While the California Air Resources Board is an unelected regulatory body, the agency wields great power to create laws and impose taxes — virtually unchecked.

Are You Active on the Cyber-Threat Frontlines?

The Ebola epidemic in Africa has focused the world’s attention on pandemic threats to the health of mankind.

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Home of the Month: Spectacular Sanctuary in Sky

On the far eastern edge of Rancho Santa Fe is the community of Cielo.

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Executive Q&A: Allyson Handley, National University’s Sanford Education Center

Dr. Allyson Handley is the newly appointed executive director of the Sanford Education Center, which launched Sept. 18 at National University.

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Changing Courses

MBA Schools Offer Specialty Degrees To Meet Evolving Business Demands

The MBA, first introduced in 1908, remains the go-to degree for successfully advancing through the ranks into the corporate suite.

This Hornblower Benefit Cruise Is Scheduled to Go to the Dogs

Hornblower’s sixth annual Bow Wow Brunch Cruise is holding a Halloween-themed brunch with Fido-friendly activities and a stunning ride around San Diego Bay.

Impressive Slate for the Upcoming Bar Association Elections

It’s time to vote for next year’s leadership of the San Diego County Bar Association, and you should do it. Mostly, because you’ll be able to say you did at the SDCBA’s excellent Holiday Party, where new leadership is sworn in, but there are probably other good reasons as well.

Carlsbad Company Sees Acquisition as Path to New Markets

Carlsbad semiconductor company MaxLinear Inc. said on Oct. 6 that it signed a definitive agreement to buy a second chipmaker, privately held Physpeed Co. Ltd., for $11 million in a deal that could close by the end of the year.

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Retail’s Momentum Expected to Keep Pushing Vacancy Rate Down

PROPERTY: Barriers To Entry Are Keeping New Construction Sparse

Growing payrolls and a steady influx of tourists have brought full recovery to San Diego County’s retail industry, though the region is still about a year away from pre-recession sales highs reached at stores and restaurants, according to a recent third-quarter report by the brokerage company Marcus & Millichap Inc.

ATMs Give It, and ATMs Take It Away Through High User Fees

Thanks to the Dodd-Frank banking reform law, consumers can’t be dinged as much on the rates banks charge on credit cards and other things like check overdrafts.