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

Scuttling Act Would Hurt Maritime Economy

Sen. John McCain has proposed an amendment that would eliminate the Jones Act.

HP Donates Computers to Further the Success of College Institute

Barrio Logan College Institute, a nonprofit dedicated to helping disadvantaged families prepare their children for college, is receiving 25 desktop and 25 notebook PCs from Hewlett-Packard Development Co. L.P. as part of its continued seven-year partnership with BLCI.

The Bridges a Stunning Link to Community, Nature and Style

Recently, I was treated to a tour of The Bridges at Rancho Santa Fe by Bob Jackson, who is the director of real estate for the 540-acre exclusive enclave.

Local Exec Helped Get Firm’s Technology Into Airliner Search

Fugro Pelagos Inc., a Dutch company with San Diego ties, is applying its tech skills to unravel one of the biggest mysteries of 2014: the location of missing Malaysia Airlines Flight 370.

Immunizing Medical Systems Against Cyber Threats Is Critical

MEDICINE: Health Record Systems Have Many Vulnerable Points

As patient information begins to flow electronically from hospitals to clinics, health care providers and patients are increasingly at risk of being targeted by hackers and criminals.

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Matters of Life and Data

MEDICINE: Providers Look For Secure, Effective Ways To Share Medical Records

Imagine a health care system with a central hub that collects all of a patient’s information: lab reports, allergies, prescriptions, doctor’s notes, sensitivities, and all the diet, exercise and lifestyle data collected by wearable and medical devices.

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Relocations Add Layer of Complexity to Property Renovation

PROPERTY: Affordable Housing Project’s Costs Likely to Top $50M

Chelsea Investment Corp. has acquired and developed dozens of affordable housing projects since its 1992 founding, including several senior-focused apartment projects in San Diego County.

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Executive Q&A: Susan Salka of AMN Healthcare Services

Susan Salka sits across from me, surveying the room with an easy smile.

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Cricket Wireless Completes Closure of Former Headquarters

WORKFORCE: All Its Operations to Be Folded Into AT&T’s Aio

Cricket Wireless, the prepaid wireless carrier now owned by AT&T, vacated its former headquarters in Kearny Mesa last month.

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New Platform Aims to Reset the Home Buying Experience

TECH: Apps Give Agents Better Exposure, Anonymity to Buyers

There are numerous tools and services available to consumers who want to check out a local restaurant or research buying a car. Those digital marketplaces are far different than they were 10 years ago.

Has Visitor Center Reached the End Of Its Journey?

It appears 2014 was a great year for San Diego tourism, with an increase in visitors of about 2 percent to almost 34 million and an increase in visitor spending of almost 10 percent.

BioNano Raises $68.5M In Financing

San Diego-based BioNano Genomics Inc., a genome-mapping device company, has raised $68.5 million in financing, according to a recent filing with the Securities and Exchange Commission.

Car2Go Upgrades Fleet and Expands Service

TRANSPORT: Vehicles Will Be 2014 Model, Replacing 2010 Cars

Car-sharing company Car2Go N.A. LLC announced that its more than 30,000 San Diego members would have access to a new electric smart fleet starting last week.

Qualcomm Lowers Outlook Despite Gains

FINANCE: Company Defends Snapdragon Touting Its Many Users

Shares of Qualcomm Inc. fell more than 11 percent into the $62 range on Jan. 29 as the company reported record revenue and increased earnings for its first quarter — but cut its forecast for the second half of the year.

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Acquisition Strategy Delivers for Annex

RETAIL: Aim Is to Bolster Presence in Newer Markets

The name of Annex Brands Inc. also describes a key strategy that CEO Jack Lentz has deployed over the past decade — acquiring other franchised companies — to navigate the increasingly competitive packing and shipping services industry.

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Manufacturing Strength Lifts Industrial Rents

PROPERTY: Space Absorption Highest It’s Been Since 2006

When San Diego-based Westcore Properties recently paid $17 million for a large industrial building on the grounds of March Air Reserve Base near Riverside, it was betting on continued recovery in 2015 for Southern California’s overall manufacturing-and-distribution climate.

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Advice Isn’t Cheap With Wrong Advisor

FINANCE: Firm’s Database Aims to Inform Investors

Six years after its start, BrightScope, a San Diego software company focused on the financial services industry, is no longer just rating retirement plans.

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Following Their Bliss

RETAIL: Techies Take a Shine to Lasers, Find a Niche

BlissLights Inc.’s first success wasn’t in the consumer space.

One Paseo Threatens Integrity of Planning Process

Land planning in San Diego must have integrity.

Higgs Fletcher & Mack Promotes Three to its Partner Ranks

Lots of news at Higgs Fletcher & Mack. Loren Freestone, AnneElise Goetz and Jason Ross were recently promoted to partner. Their promotions bring the organization’s partner total to 49.

Proposed Jones Act Repeal Could Hurt Domestic Shipbuilders

A move afoot in Washington, D.C., has the potential to disrupt business at General Dynamics Nassco.

At 25, the Jewish Film Festival’s Focus Is Still on Great Cinema

The San Diego Center for Jewish Culture is presenting the San Diego Jewish Film Festival’s 25th Silver Anniversary.

Region’s Genomics Industry Could See Big Financial Boost

President Obama’s State of the Union address Jan. 20 teased the federal launch of an initiative that could provide a huge financial boost to San Diego’s genomics industry.

Federal Agencies Are Leaving Downtown Office Building

The upcoming exit by the U.S. General Services Administration from a downtown San Diego office tower could be cause for at least some temporary nervousness for the building’s owners and investors.

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Repositioning Gives New Life to Older Commercial Properties

WORKSPACE: Retrofits Growing in Popularity To Attract, Retain Tenants

Now that the economy is improving, owners of older commercial buildings in San Diego County are looking for ways to make their properties more attractive to tenants.

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Architects Have Designs on Meeting Demand for Infill Work

HOUSING: Downtown Land-Use Constraints Drive Creative Approaches

During the worst days of the recession, there was little work for San Diego architects, but that has changed in recent months, leading some firms to begin hiring in preparation for a busy year ahead.

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Building Pressure

With New Construction Sluggish, Improving Economy Leads to Absorption, Higher Rents

Health care and education not only continued to fuel much of the San Diego region’s innovation economy in 2014, but they also were the primary drivers of big new construction projects.

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Golf Tournament Gives San Diego a Shot at More Tourist Dollars

SPORTS: Broadcast Shows Some of the Area’s Inviting Charms

Next week’s Farmers Insurance Open Tournament at Torrey Pines Golf Course, featuring two of the sport’s best players, Tiger Woods and local resident Phil Mickelson, should draw well over 40 million viewers to the CBS broadcast over the final two days, said Peter Ripa, the tournament director and executive director of the Century Club, the nonprofit sponsor for the event.

President Paints Tax Target On Big Banks, Financial Firms

Among the new proposals touted last week by President Obama to boost the nation’s middle class were free tuition for community colleges, expanding paid sick leave, and giving working families tax breaks.

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Weight-Loss Balloon Expands Options for Those With Lower BMIs

HEALTH: Financing Should Help With U.S. Approval Process

The founding team of multibillion-dollar medical device maker DexCom Inc. is working on a new project that may offer an alternative to stomach-stapling surgeries.