San Diego Business Journal

SDBJ WEEKLY EDITION

Tease photo

New GOP-Led Congress Aims to Repeal Medical Device Tax

HEALTH: Strong Bipartisan Support For Nixing Controversial Levy

During the opening session of the newly-elected Congress, a bipartisan group of politicians introduced yet another measure to repeal the medical device tax.

Tease photo

Style and Security Pay Off With High-Tech Billfold, iWallet

TECH: Accessory Alerts Owner If the Two Get Separated

Few things in life cause as much anxiety as losing a wallet, but a San Diego business has come up with a device that makes that experience less likely.

TVC Raises $115M for Equity Fund

San Diego-based TVC Capital, a software-focused growth equity firm, announced the closing of TVC Capital III with $115 million in capital commitments.

Supreme Court Declines Convention Center Case

LEGAL: Lawsuit By Company Claimed Antitrust Violations

The U.S. Supreme Court has declined to review an August lower-court ruling favoring the San Diego Convention Center in an antitrust lawsuit brought against center operators.

New Players Shaping Commercial Real Estate

PROPERTY: DTZ, Cassidy Turley Merge Complementary Skill Sets

Pushed by national and global forces, San Diego’s maturing commercial real estate brokerage industry continues to evolve, with the DTZ brand making its first appearance in the local market following that company’s recent merger with Cassidy Turley.

Boardroom Bows Out From Its Helping Role

Grace Decker has put the word out: The Boardroom San Diego is closing down. The final session is Jan. 27.

Tease photo

Millennials Changing Health Care Model

MEDICINE: More Personal, Complete Services Sought

If it wasn’t already apparent by the flocks of twenty-somethings scanning labels in supermarkets — inquiring if the chicken is hormone-free, if the beef is grass-fed and if the produce is organic — market research has confirmed that the millennial generation is the most health-conscious to date,

Tease photo

Drug Uses Trick Play In Weight-Loss Game

BIOTECH: S.D. Has Novel Therapies for Fat Fight

Maybe it’s the beaches, bikinis and sunshine. Maybe it’s the local talent pool.

Tease photo

Digital Cluster Begins Taking Root

MARKETING: Workforce Finds Downtown Stimulating

As digital marketers develop innovative ways to promote products and brands, they increasingly are embracing downtown San Diego as a place to work and live.

Tease photo

High Hopes

TOURISM: Ferris Wheel Proposals May Face an Uphill Battle

Three development groups each want to put a towering Ferris wheel on downtown San Diego’s waterfront, but the contentious history of projects in that neighborhood suggests the odds are stacked against any of the proposals coming to fruition anytime soon.

How to Feel Good About New Food-Waste Law

Waste diversion isn’t rocket science, but getting people to put the right stuff in the right bin has always been an uphill battle.

Businesses and Groups Make the Holidays Happy for Many

San Diegans really turned out this holiday season for many good causes and events. My inbox was overflowing with news of individuals, businesses and nonprofits that gave generously of their time and money.

AltheaDX and BeneChill File For IPO on Same Day

AltheaDx Inc., a San Diego-based molecular diagnostics firm, joined the biotech IPO boom in late December when the company filed a preliminary prospectus with the U.S. Securities and Exchange Commission stating its plans to raise $69 million in an initial public offering.

CES Offers a Full Plate of the Latest Technology and a Cookie

So much to see! The consumer electronics show in Las Vegas — aka 2015 International CES — offers the sprawling, overwhelming spectacle of a world’s fair while showing off the newest in technology that ordinary folks can get their hands on.

Law Firms Bring on Board Some Key Additions to Their Teams

Nadia Ruyle has joined the impressively growing Shustak & Partners law firm as an associate.

ACA Means Business in 2015; Other New Laws Bring Changes

The California Legislature had an active year, adding 930 new laws that will come into effect in 2015 – many of which aim to reform the state’s health care industry. These come as the federal health care reform hits businesses in a big way this year.

Bank Ratings Don’t Always Provide Perfect Picture of Institutions

At the end of last month, Seacoast Commerce Bank in Rancho Bernardo put out a release trumpeting the fact that it received a 5-star, Superior rating, the highest possible, from Bauer Financial Inc., a nationally recognized bank-rating firm that many consumers use to determine the safety and strength of a bank.

Second Boutique Hotel Likely for Imperial Beach Coastal Location

For years, the city of Imperial Beach struggled to capture the attention of upscale hotel developers and beach visitors more focused on places like Coronado, La Jolla and Del Mar. Now it appears that conditions are lining up for the city to get its second boutique hotel along Seacoast Drive.

Look Who’s Talking: Internet of Everything Keeps Expanding

TECH: Connections Could Open Up a New Universe of Opportunities

Wi-Fi in a rice cooker?

Tease photo

Local Firms Get Dibs at Car Rental Center

SMALL BIZ: New Site Is Looking to Fill Various Service Roles

As construction on a $316 million rental car center reaches the midpoint at San Diego International Airport, officials are giving local and small businesses the chance to provide vital operating services once the facility is up and running in 2016.

Company Sees Winning Combo With Gamers, Fantasy Leagues

TECH: Platform Brings Opportunity to Monetize Enthusiasm

Todd Peterson thinks he sees the future, and it’s pretty much like the present: He sees people relaxing and engaged, watching pro sports.

Three Satellite Contracts Worth $40M for Kratos

Kratos Defense & Security Solutions Inc. said that it recently received three satellite communications contracts collectively worth $40 million. The company did not name its customers.

Aethlon Device Approved For Treating Patients

BIOTECH: Firm’s Hemopurifier Makes A Top Invention List

San Diego-based Aethlon Medical Inc., a medical device company developing therapies for infectious diseases and cancer, announced that the U.S. Food and Drug Administration has approved a clinical protocol to treat Ebola-infected individuals in the U.S. with the Aethlon Hemopurifier.

ViaSat Chooses SpaceX for Its Satellite Launch

SPACE: Price of ViaSat-2 Launch Has Not Been Revealed

The first step into orbit is finding someone to take you there. ViaSat Inc. has chosen Elon Musk’s SpaceX to put its ViaSat-2 satellite into orbit in 2016.

NAMM Helped Push Innovation

The Consumer Electronics Show, which just wrapped up in Las Vegas, has evolved into the coolest of all trade shows. Among the more than two dozen San Diego-area companies showcasing products were Qualcomm (many things), iWallet (secure and connected wallet) and Independa (cloud-based remote connectivity to help care for seniors).

Tease photo

Health Tracking Goes Deep With This New Device

BIOTECH: Markers Are Measured on Molecular Level

Notable investors, and even a Hollywood star, are betting millions on the Cue, a diagnostic device and consumer health product that may one day be as ubiquitous as the household thermometer.

Tease photo

Recovery to Keep Rolling in 2015

ECONOMY: Experts See Competition for Workers

A recurring theme at the San Diego Business Journal’s 2015 Economic Trends Event centered on a refreshingly direct result of expanding national and regional economies — hiring and keeping the region’s abundance of top talent.

Will Hot Biotech IPO Market Overheat?

FINANCE: Experts Differ On Bonanza’s Sustainability

Remember the get-rich-quick fervor that inspired the dot-com boom in the late ’90s?

Tease photo

A Shot In the Arm

TOURISM: Doctor Groups Driving Convention Business

San Diego Convention Center officials say the facility should continue to benefit from a post-recession uptick in corporate meetings during 2015, particularly from medical groups, even as questions linger regarding how to expand the center to meet expected long-term growth in demand for space.

Young Architect of the Year Award Honors a Growing Talent

J. Antonio Garcia was named the 2014 Young Architect of the Year at the American Institute of Architects — San Diego Design Awards event held recently.