SDBJ WEEKLY EDITION
I just completed my judging form of the San Diego Business Journal’s General Counsel of the Year Awards.
Michael Koh wants you to forget about the standard way of finding a home online.
MediaTek Inc., the wireless communications chip maker based in Taiwan, celebrated the opening of its San Diego office with a party and a ribbon-cutting ceremony Sept. 24.
For the past several weeks I have focused on the efforts of the San Diego Regional Chamber of Commerce to make San Diego the most business friendly community in California.
Anyone who has seen the TV show “Shark Tank” has likely heard the word “patent” uttered between the contestants and panel of investors.
The matter of domestic violence has been brought to light again recently as an issue that needs to be addressed and discussed openly.
WORKFORCE: Demand Leads Companies in Key Industries to Fill Positions
San Diego’s labor market is looking up with more companies hiring local talent.
When Home Bank of California changed its address last year and moved to Kearny Mesa from Pacific Beach, the idea was to mine the more heavily concentrated business neighborhood.
MEDIA: Businessman Pursues Unusual Purchase Plan for Local Newspaper
Whether Doug Manchester sells the UT San Diego to a new nonprofit organization is still unclear, but one of the country’s largest daily newspapers, the Tampa Bay Times, has operated under that model for more than three decades.
PROPERTY: Climate Could Change as Sector Settles in With Reforms
An aging population and expanded insurance coverage are raising demand for health care services, but the exact demand picture for medical offices — in terms of size, format and location — still hasn’t come fully into focus in San Diego County.
MEDICINE: Machine Warms Blood Providing Temporary Relief
Roughly one in five adults in the United States lives with arthritis, and patients spend $15.6 billion per year on prescription drugs to treat the pain and inflammation associated with the joint disorder.
Renovation of the 14,172 square foot Sharp Memorial Hospital Rehabilitation Center is now complete at the location in Kearny Mesa.
Qualcomm Inc. is onboard the iPhone 6 and iPhone 6 Plus, according to several specialty publications.
TOURISM: Extra Efforts Needed as Expansion of Center Hits Roadblock
Facing recent declines in overall convention attendance and the likelihood that an expansion won’t happen anytime soon, local tourism officials have launched a five-year plan to fill San Diego Convention Center with large group gatherings.
Editor’s note: Tom York is on vacation; his column will return next week. Our new Editor-in- Chief, Nels Jensen, is filling in this week and will soon be writing this column on a regular basis.
FINANCE: County Considers Trying Path With Less Risks
San Diego County’s employee pension fund would be better off adopting a safer, more traditional investing model rather than the higher-risk one now in place, said several investment professionals.
PHARMA: VC Firm, GSK Putting $10M Into Each C
Avalon Ventures LLC announced the launch of two biotech companies formed through its collaboration with British drugmaker, GlaxoSmithKline Plc. The partnership will funnel $495 million into 10 new biotech companies by 2016.
PROPERTY: Diverse Mix Of Projects Set for La Jolla
Property by property, La Jolla’s central Village area is being remade as several older buildings get new owners who are now making plans for upcoming townhomes, stores and restaurants, a performing arts center and a luxury movie theater.
MILITARY: Sequestration Pause Allows for Stability
Military spending — a foundation of the San Diego economy — is expected to wane only slightly for the next year with jobs attributed to such spending facing a 2 percent decrease in fiscal year 2015, according to a new study from SDMAC, the San Diego Military Advisory Council.
Since it was invented, the Internet has become a necessity in the lives of many. With it, we engage in commerce, games, communication, learning, and we start and grow businesses.
In last week’s column I encouraged readers to support the San Diego Regional Chamber of Commerce in their stated effort to make San Diego more business friendly. Little did I know how much work there is to do.
Renowned San Diego architect Frederick Liebhardt’s final design cantilevers down a hillside overlooking the San Diego Yacht Club, Point Loma, the city of San Diego, and the San Diego-Coronado Bridge — it is the definition of timeless architecture.
Of the 100 companies featured in the Aug. 18 issue of the San Diego Business Journal named among the “Best Places to Work” in San Diego County, only ten pay 100 percent of an employee’s health insurance premiums.
BENEFITS: Wellness Programs Are Part of Employee-Health Strategy
Employer wellness programs have grown rapidly in recent years in part to tackle skyrocketing health care insurance premium costs, with a side goal of improving the wellness and productivity of the workforce. Biometric screenings are a large part of wellness programs.
Charity for Hope, a multipurpose nonprofit, hosted its inaugural Industry Charity Golf Tournament recently at Sycuan Golf Resort. At the golf tournament, Charity for Hope presented a $5,000 academic scholarship to Leuva Patidar Samaj of USA, a nonprofit organization dedicated to preserving the Indian culture and educational community advancement. Donations from sponsors and more than 80 attendees will fund future community contributions, including existing nonprofit charitable organizations such as orphanages, hospitals, disaster relief foundations and educational funds for the less advantaged.
Kratos Defense & Security Solutions Inc. doesn’t exactly shout it from the rooftops, but electronics built by one of the San Diego company’s subsidiaries play a role in Iron Dome, Israel’s missile defense system which has been much in the news with the conflict in Gaza.
If a local restaurateur’s plans come to fruition, the next big arrival at the ever-evolving Liberty Station, in San Diego’s Point Loma neighborhood, will be a 21,000-square-foot public market that will put dozens of artisans and food vendors under one roof at the former Naval Training Center.
The Bank of Southern California, based in Carmel Valley and with six branches, grew its total assets and net income in the second quarter, reflecting a general recovery the region is finally seeing.
LAW: Threat of Shareholder Lawsuits Is Business as Usual For Acquisitions These Day
When San Diego-based Peregrine Semiconductor Corp. announced its decision to sell the company for a 63 percent premium above its market value, at least eight law firms announced investigations into the chip maker’s business the same day, alleging its shareholders were getting short-changed on the offer price.
AGRICULTURE: Co. Improves Crop Yield, Cuts Maturation Time
SGB Inc., a local agricultural biotech company, has closed an $11 million Series C financing round to help drive the commercial roll out of its hybrid crops — a low-cost and sustainable plant-based option for fuel, energy-producing biomass and protein in animal feed.