SDBJ WEEKLY EDITION
Let’s be frank. The strength of America’s economy as well as our political prowess in the world are inextricably linked.
San Diego philanthropist, literacy advocate, and longtime supporter of the University of California, San Diego, Audrey Geisel, has donated $3 million toward the renovation of the university’s iconic flagship building, the Geisel Library.
Ramona, known as the “Valley of the Sun,” is just some 40 miles from San Diego, but it is as far from a typical San Diego suburb as you can get.
RESEARCH: As CEO, She’ll Look to Unify Efforts To Support Senior Population
If you’re looking to find a charismatic executive with a New York City tongue, Vermont’s dairy country probably wouldn’t be your starting point.
MEDICINE: Health Care Systems Are Creating VC Arms Often to Invest in Promising Innovations for Providing Care
Hospital systems dealing with high-tech glitches and chaotic workflow brought on by health care reform are launching venture capital funds to fuel the solutions they need.
Most of the food purveyors announced so far for the upcoming new Liberty Public Market in Point Loma are unknown to many people in San Diego County and elsewhere, and the project’s chief developer says that’s by design.
Razer Inc., the venture-backed Carlsbad company that makes videogame hardware and software, officially announced July 27 that it acquired the software assets of Santa Monica-based Ouya Inc., which produces an Android game platform for the television. Terms of the deal were not disclosed.
SPORT: Mexican Soccer Club Pursues U.S. Fans, Players
Until recently, Tijuana had a spotty history with professional soccer and was considered more of a baseball city. A string of soccer teams tried to gain a foothold in the 1980s and ’90s, but none survived.
TECH: Fluid Sales Tactics, Strong Basics Sell Photo Editing Tools
Kevin La Rue knows the power of the soft sell.
TRANSPORT: Cubic’s London System Operates On Contactless Bank Cards
Take the train from Heathrow Airport to Paddington Station. Just touch your bank card to an electronic reader and your fare is paid.
MOVIES: D23 Expo Seen as Better Bet for Creating Maximum Buzz
Disney didn’t pitch a single one of its upcoming Marvel or Pixar movies at San Diego’s Comic-Con International, opting instead to reveal them at its own fan fest, the D23 Expo, in Anaheim later this month.
Guild Mortgage Co.’s loan volume reached $6.7 billion in the first six months of the year, more than double its volume during the same period the year before and its best first half in the company’s history, the company said.
MILITARY: Blumberg Has Led Military/Business Group Since 2005
Larry Blumberg, executive director of the San Diego Military Advisory Council, will retire from that position at the end of the year, the organization announced on July 24.
BIOTECH: Brody Made Scientific and Financial Improvements
William Brody will retire at the end of the year as president of the Salk Institute for Biological Studies in La Jolla, opening up a third major leadership position in San Diego’s science community.
Qualcomm Choices Speak Volumes About Priorities
An observation from Qualcomm Inc.’s second-quarter earnings report (though almost no one focused on their actual reported net earnings, which were $1.2 billion): Qualcomm is going to spend about $10 billion buying back stock in the next year.
MEDICINE: Co. Exploring Biomarkers to Detect Damage
Banyan Biomarkers gained yardage recently in its bid to help the National Football League and other sports organizations diagnose traumatic brain injuries.
PROPERTY: Downsizing Hits Office Market
Local commercial office brokers are anticipating a significant supply-and-demand impact — likely in favor of technology companies and other tenants — from Qualcomm Inc.’s recently announced corporate downsizing.
ECONOMY: UC Aims to Spur Other Increases
As the California Assembly mulls whether to increase the state minimum wage to $13 and City of San Diego Democrats gird for a June 2016 ballot battle over an $11.50 wage floor, the University of California said last month it would soon pay its workers at least $15 an hour, the latest dollar target in workers’ fight for a higher minimum wage.
PROPERTY: UTC Area Sees Construction Boom As It Fulfills Its Big Plans
If there’s any place giving downtown San Diego a run for its money when it comes to significant investment in new construction projects, it’s most likely the city’s “second downtown” — better known as University Towne Center, or UTC.
Intelicare Direct, a leading customer service solutions company with offices in Las Vegas and San Diego, held a crazy hair day benefitting San Diego-based nonprofit Second Chance. For every ICD employee who came to the office with crazy hair, one haircut was donated to Second Chance for someone trying to get back into the workforce.
LEGAL: Crowded Courts, Jury Risks and Big Costs Are Bypassed
With budget cuts straining the state judicial system, judges frequently steer disputes between businesses toward mediation in attempts to find resolutions outside the courtroom.
LEGAL: In California, It’s Let the Business Beware as Labor Law Landscape Gets More Tricky to Navigate
California’s new paid sick leave law is being welcomed by labor interests, but attorneys say it is likely to add fuel to the trend of employees suing businesses over wage and hour issues.
PROPERTY: New Purposes Proposed for Unviable Courses
Water shortages, steady drops in playing time and rising demand for housing are forcing a rethinking of how to use hundreds of acres of land now devoted to golf courses in San Diego County.
Christina Semmer has joined Wilson Turner Kosmo LLP as an associate. Semmer joins the firm’s employment and business practice groups. Her business litigation practice includes representing companies in breach of contract, business tort, and other complex litigation matters.
FINANCE: Canter Cos. Sees Real Estate as Entry For Wealth Management
Buying or selling a house can be the biggest financial decision of a lifetime. But real estate agents at Canter Cos. — a combination developer, broker and venture capital firm — said many homeowners don’t run real estate deals by their financial advisors to protect their tax liabilities.
In an overwhelmingly bipartisan vote, the U.S. House of Representatives came together earlier this month to fund cures for diseases such as cancer. They overwhelmingly approved the 21st Century Cures Act.
TECH: Co.’s Partnership With NIH Is Big Boost
Two-year-old Liam was hours away from his fifth heart surgery when cardiologist Dr. Peter Manning and his team decided to study a precise 3-D replica of Liam’s heart.
TECH: Survey and Consulting Work Done For Companies and Navy
Kurt Nelson admits that his sales pitch might not seem all that attractive to the typical bank lending officer.
PROPERTY: Its Projects Include The Block, With Multiple Price Points
Developer Zephyr Partners is counting on an ample supply of investment capital, along with emerging signs of life in the long-moribund for-sale condominium market, as it launches some big-ticket projects in the local market.
PRODUCTION: New Facility Cuts Shipping Time, Adds to Growth
A Cleveland-based printing company is ramping up its custom T-shirt business with a new facility in Oceanside, wwwwaiming to cut down shipping time to the California artists and musicians who buy hundreds of thousands of custom shirts a year.