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

Even Guests Help Hotels Save Water

TOURISM: From Linens To Landscaping, Cuts Made

Even if they’re not from California, guests at properties such as San Diego’s The US Grant hotel are increasingly willing to sacrifice in response to the state’s prolonged and severe drought, even if it just means forgoing fresh towels for a few days.

The Cutting-Edge of The Spear: DARPA

DEFENSE: Research Vital To Military, Businesses

DARPA likes to think big. And executives in the defense world — people such as David Bruemmer — like to know what the customer is thinking.

Qualcomm Sticks to Its Script, Despite Critics

TECH: It Reviews Costs, Builds Medical Portfolio

2015 might be the year that Qualcomm Inc. stops its relentless year-over-year growth. But what looks like a decline to some observers might merely be a metamorphosis.

S.D., Tijuana Plan a Tourism Team Effort

TRAVEL: New Terminal Part Of Broader Binational Approach

San Diego and Tijuana tourism leaders are aiming to boost visitor counts to the combined region, capitalizing on a soon-to-be completed cross-border terminal that could open up new opportunities to greet international travelers.

EARNING POWER

ECONOMY: Key Sectors Provide Pay And Progress for S.D.

The region’s life science and technology industries are continuing to see sustained growth, according to a recent jobs report.

Getting to the Bottom of Quest for a Free Lunch

The fabled “free lunch”? Your Economics 101 professor told you there was no such thing. Your professor may have been wrong. Just ask Dan Shea.

Climate Policies Can Impair Economic Mobility

While there are signs that California is making progress bringing down our unemployment rate and expanding business in the technology sector, there are also signs that the recovery is incomplete.

Cleaning Services Company Began With a ‘Leap of Faith’

SERVICE: Financial Professional Used Old and New Skills for Enterprise

When the recession struck in 2008, financial professional Kirk Bolduc didn’t allow economic uncertainty to prevent him from starting a new janitorial company.

Executive Q&A: Michael ‘Mick’ Farrell, ResMed Inc.

Michael “Mick” Farrell, 43, took over his father’s business two years ago with big shoes to fill — in leadership and personality.

Donations Fund Weekend Camp For Grieving Children

Each year, more than 100 children and teens have the opportunity to attend Camp Erin San Diego, thanks to the generous donations from local philanthropic groups.

3-D Printing Is Beginning to Spread Its Wings Locally

PRODUCTION: From Tissue to Aircraft Parts, Process Shows Promise

Katie Rast uses the word “powerful” when she talks about 3-D printing. In her eyes, the technology has all sorts of potential.

Pool of Possibilities

Spa Manufacturer Watkins Expands Into Aquatic Fitness, Will Leverage Its Dealer Network

With its acquisition in March of Endless Pools Inc., Vista-based Watkins Manufacturing Corp. is expanding into new markets with products that complement its hot tub business.

Citigroup, Nixon Peabody Hired for Stadium Finance Talks

SPORTS: Firms Have Expertise Needed For Funding Proposal

The city of San Diego has hired investment banker Citigroup Inc. and law firm Nixon Peabody LLP to help local officials develop financing options for a potential new San Diego Chargers stadium.

Even in Texas, the Big Moves Keep Coming at Websense

How do you make a San Diego tech company all the more attractive for acquisition?

Chula Vista Gets Help Telling Story of Its Planned Development

ECONOMY: Consultants Guide Quest for University And Innovation District

No schools are yet on board, but Chula Vista is counting on an improving economy and a proposed University and Innovation District to bring a long-sought educational campus and related research-focused business activity to the city.

Breast Cancer Detection Device Gives Surgeons the All Clear

BIOTECH: Rapid Results in the OR Should Reduce Re-Excision Rate

A device now being used at Sharp Memorial Hospital is helping surgeons more thoroughly remove cancerous tissue during breast cancer surgery, reducing the need for follow-up procedures and providing a better chance for patients to recover.

App and the Box: Piggyback Repackages Delivery Service

TECH: Company Sees Crowdshipping as An Evolving Business

John Renison admits that he doesn’t know all there is to know about computer code. What he does know, intimately, is the industry that he hopes to shake up.

S.D. to Be On TV as a Smart City

A segment featuring San Diego is scheduled to air at 8 a.m. on May 2 as part of a cable documentary series on National Geographic Channel called “World’s Smart Cities.”

Edico Genome, Intel Partner to Speed Sequencing

BIOTECH: Huge Data Sets to Get Rapid and Cost-Effective Analysis

Edico Genome Inc., a La Jolla-based tech startup, announced that it’s collaborating with Intel Corp. to speed up next-generation genome sequencing (NGS) data analysis.

18 Local Businesses to Share $20.24M in Credits

ECONOMY: GO-Biz Incentives Awarded for Creation of 4,311 Jobs

Eighteen San Diego County businesses will receive $20.24 million in state tax credits through the governor’s Office of Business and Economic Development (GO-Biz) in return for creating 4,311 new jobs.

Regulations Hit Region Where It Hurts: Housing

Dr. Lynn Reaser and the Fermanian Business & Economic Institute at Point Loma Nazarene University this week will release their landmark study on the impact of local regulations on the cost of housing. This is noteworthy for two reasons.

The Past Has a Strong Presence in Coronado Renovations

The decision to embark on a home renovation is by any measure a difficult undertaking.

Attorney’s Career Accomplishments, Community Role Applauded

Richard A. Shaw, a partner at Higgs Fletcher & Mack, has been awarded the San Diego County Bar Association’s 2015 “Outstanding Attorney of the Year” Service Award. A nationally recognized lawyer in taxation, corporate and estate planning, Shaw was selected as an exemplary attorney for his contributions to the legal profession and service to the San Diego community.

Executive Q&A: Aaron Hall, Borrego Solar

Aaron Hall, Borrego Solar

Before he became a 21-year-old CEO of one of the largest solar companies in San Diego, Aaron Hall had already flexed his entrepreneurial skills — starting on the playground.

Company Uses Data to Build On Sustainability Practices

GREEN: Firm Follows Its Projects From Start To Beyond the Finish

Sustainability Matters is more than a company name to founder Kristen Victor. “I just truly care about the planet and future generations,” said Victor, who started Sustainability Matters six years ago in San Diego’s Little Italy neighborhood.

Getting the Lowdown

BUILDING: Mapping of Underground Infrastructure Is a Key Part of Infill Development

With most land zoned for construction already built out in San Diego County, the mapping of underground utilities is expected to ease the way for more sustainable urban infill development.

Think Tank Puts Price Tag on New Stadium

Any financing plan to build a new San Diego Chargers stadium in Mission Valley — the current site of Qualcomm Stadium — will need to cover a tab of at least $725 million, and likely well over $1 billion.

Mission Beach’s Belmont Park Gets Renegotiated Lease on Life

PROPERTY: Long-term Deal Has Owners Planning Number of Improvements

A renegotiated lease on Belmont Park at Mission Beach will bring nearly $70 million to the city of San Diego over the next 23 years.

S.D.’s Ranking as Tech Talent Market Shows Strengths, Flaws

ECONOMY: Growing Millennial Population Could Be Key Resource

San Diego ranks 17th in the nation among major markets for its ability to attract and grow technology-focused employment talent, according to a new report from commercial brokerage company CBRE Group Inc. The report says tech industry clustering remains the biggest driver of office space demand in the U.S. and the local region.

Pull of Biotechs Draws a GSK Satellite Office Into S.D. Space

Pharmaceutical giant GlaxoSmithKline has officially joined the roster of major drug companies with offices in San Diego. Earlier this month, the company opened a local site to manage its research and development partnerships on the West Coast.