SDBJ WEEKLY EDITION
The SBA 504 Refinance Program Gives Businesses Chance to Increase Cash Flow By Cutting Interest Rates on Loans
Greg Strangman was in a bind when the loan he took out to open The Pearl Hotel on Point Loma came due in 2012.
BIOTECH: Diagnostic for Lupus Drawing Interest
A group of San Diego biotech veterans has taken over New Mexico’s Exagen Diagnostics Inc. and put it on a path to growth.
DESIGN: Clients’ Interactions With Settings, Products Seen
When Don Norman talks about design, he frequently talks about the big picture. It is as if he backs up so many steps that he can put a landscape the size of the Grand Canyon in his field of vision.
TECH: Co.’s Mission Is To Bring ‘Fundamental Transformation’
Dan Goldin shows off the artwork in his office suite: large photos of a skier barreling down a steep slope, a surfer riding a giant wave and a sailor standing precariously on the high side of a small sailboat.
BIOTECH: Device Maker Tackles Sleep Issues, Sees Consumer Market Possibilities in Wearables
In some jobs — think soldiers on the battlefield or surgeons performing lengthy operations — it’s hard to get a full night’s rest. Now there may be another option.
Calbiotech Meets the Challenges of Moving and of Moving Up in the Life Science World
It’s a good sign when a company has to move into a larger space. Calbiotech Inc., which manufactures life science products, outgrew 11,000 square feet in Spring Valley and recently traded up to 22,000 square feet in El Cajon. It also recently hired six employees, giving it a headcount of 45.
PROPERTY: Port District Releases 6 Proposals
Since 1980, visitors have gone for simple pleasures like the child-friendly carousel at Seaport Village.
ECONOMY: Oceanside Taps Craft Beer for City’s Benefit
It’s relatively belated compared with its neighbors, but Oceanside is now surfing what has long been a steady wave of economic benefits generated by North County’s burgeoning craft beer industry.
TOURISM: Officials Pursue More International Air Routes to San Diego
San Diego recently landed what is just its third major international commercial air service route of the past five years, when German-based carrier Condor Airlines announced new direct seasonal flights to Frankfurt, set to begin in May 2017.
Architectural Style Often Takes Back Seat to Practical And Price Considerations, Creating Buildings That Blend in Rather Than Stand Out
Increased focus on volume, cost and function over style and appeal has led to a less regionalized architectural style in San Diego and other cities.
RETAIL: Progress Driven By Steady Deliberate Decisions
As it continues to expand — recently opening its 12th Southern California store in Orange County — the family-run, San Diego-based Jerome’s Furniture is now also handling a significant transition in leadership.
MEDICINE: Latest Buy Is Health Information Co.
San Diego’s AMN Healthcare Inc., the largest health care staffing company in the nation, has snatched up its fifth health care company in less than two years. The acquisition of Franklin, Tenn.-based Peak Health Solutions, a health information management company, is expected to immediately boost AMN’s revenue.
VOTE: Poll Results Change Playing Field for Businesses; Attention Turns to November
San Diego city voters on June 7 clearly favored a minimum wage increase that was vehemently opposed by much of the local business community.
Life Sciences’ Need for Space Spurs Developers to Pursue Spec Projects
The high demand for biotech office space in San Diego is boosting the confidence of traditionally cautious landlords. Rather than waiting to build a project until a tenant is lined up, life science construction companies are building sprawling campuses based on speculation alone.
MEDICINE: Ransomware Attacks Target Hospitals, Holding Critical Patient Data Hostage
T here’s a new threat bearing down on hospitals. Hackers are infiltrating systems, locking patient data in virtual vaults, and demanding money in exchange for the key.
TECH: City Contract Renewal May Be Big Driver of Growth
Matt Cole has New York on his mind. Cole runs the transportation equipment business at Kearny Mesa-based Cubic Corp., a company that wants to use the world of fare cards and subway gates as a stepping stone toward bigger things.
PROPERTY: Discount Retailers and Eateries Look to Add Locations
Seven years after the official end of the Great Recession, there’s still a distinct discount-minded focus among nationwide retail and restaurant chains looking to expand their footprint in the coming year.
Biz: Entrepreneurial Spirit Lets Loose in Unusual Biz Event
Thousands of aspiring, neophyte and seasoned entrepreneurs will head downtown next week for the city’s biggest — and most popular — startup event: San Diego Startup Week.
Court Rulings on IP May Threaten Future of Genomics Research
Life sciences companies in San Diego and around the nation are working to cope with legal decisions that restrict how they can secure patents for discoveries that involve the laws of nature.
WD-40 Counters The Counterfeiters Around the Globe
Imitation may be the sincerest form of flattery, but it’s a headache for WD-40 Co.
Taylor Guitars Among Premium Manufacturers Battling Trademark Violations
Musicians buy high-end guitars for their craftsmanship and superior performance, but overseas counterfeiters are deceiving some consumers with cheaply made copies.
DRUGS: Tougher Times in Pharma Add to Challenges
Avalon Ventures LLC is launching an additional startup out of its venture capital incubator in La Jolla. The firm, called PDI Therapeutics Inc., is jointly backed by British drugmaker GlaxoSmithKline plc and San Diego’s Avalon as part of an ongoing partnership.
BIOTECH: Exec Brings Co. to S.D. To Work on Stroke Treatment Device
Kleanthis Xanthopoulos, a veteran of San Diego’s biotech community, is heading up a new venture in La Jolla.
FINANCE: Some Say The Process Limits Company Focus
Quarterly earnings results grab the attention of nearly everyone in the financial world — investors, analysts, competitors, even reporters. They’re a brief glimpse into the inner workings of major corporations, with earnings per share even a few cents higher or lower than expected leading to serious stock spikes.
Implementing a CEO Transition Involves Many Complicated Factors for A Company
CEOs have tough jobs. There are many ways to go wrong and many ways to make stakeholders unhappy.
TOURISM: Town-Hall Meetings to Address Expansion
Prospects for an expansion of the San Diego Convention Center — contiguous, noncontiguous or none of the above — are likely to remain among much-debated city priorities in an election year filled with heated talk over possible hotel tax hikes and a proposed downtown football stadium.
BIOTECH: Key Resource Offered in Co.’s Lab Rentals
Two entrepreneurs in San Diego are applying “sharing economy” principles to a new frontier: science.
ScaleMatrix Offers To Put Its Highly Efficient Data Center Technology On-Site
Executives at ScaleMatrix think there might be more than one path to growing their company.
The Computer Revolution Keeps Reinventing Itself As the Possibilities of Progress Continue to Increase
With each passing year, computers get more capable. The rapid development of the technology continues to shape business — all business, even those far from the heart of the technology sector.
BIOTECH: Cos. Swallow Up Startups But Grow Presence
The growing presence of Big Pharma and global life science firms in San Diego has been at the heart of an age-old debate: do they help or hurt the region’s economy?