San Diego Business Journal

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Former Chargers Linebacker Goes on Offense, Sues Nike Claiming Trademark Infringement

Former San Diego Charger linebacker Shawne Merriman filed a lawsuit against Nike Inc., alleging the sports-gear giant infringed on his trademarked Lights Out brand.

Home Sales and Median Price Increase in March

Home sales in San Diego increased in March, and the median price rose 4 percent from February to $427,000, according to Dataquick, the La Jolla real estate research firm.

Mayor Faulconer Sets His Priorities With New Budget

Mayor Kevin Faulconer campaigned to make neighborhoods his priority, and his 2014-15 fiscal year budget, which he released April 14, demonstrates that, according to a mayoral staff report.

Pratt & Whitney Considers Possible Closure of Kearny Mesa Plant

Pratt & Whitney AeroPower, part of Connecticut’s United Technologies Corp., told its 535 San Diego employees last week that it’s considering integrating the operations into other Pratt & Whitney units, and may close the Kearny Mesa plant.

PriceSmart Reports Q2 Net Income of $28.3 Million

PriceSmart Inc., the San Diego-based operator of club warehouse stores in Latin America and the Caribbean, reported fiscal 2014 second quarter revenue of $674.4 million, compared with $607.4 million for the like quarter of its 2013 fiscal year.

Pratt & Whitney May Close Kearny Mesa Plant

Pratt & Whitney AeroPower, part of Connecticut’s United Technologies Corp., told its 535 San Diego employees last week that it’s considering integrating the operations into other Pratt & Whitney units, and may close the Kearny Mesa plant.

PriceSmart Reports Q2 Revenue of $674.4M

PriceSmart Inc., the San Diego-based operator of club warehouse stores in Latin America and the Caribbean, reported fiscal 2014 second quarter revenue of $674.4 million, compared with $607.4 million for the like quarter of its 2013 fiscal year

SBLF Helping Banks Lend More to Small Business, Report Shows

The Treasury Department released another report on its Small Business Lending Fund program showing that participating banks extended about 56,900 additional small business loans, representing about $12.5 billion in dollars above what the banks lent before accepting the federal funds.

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Suites at Qualcomm Upgraded in Effort to Lure Business Clients

Sports: Chargers Seek To Keep Pace With Other Stadiums’ Luxury Amenities

As the San Diego Chargers hope to upgrade their roster during next month’s NFL draft to be more competitive on the field, the team is upgrading its luxury suites at Qualcomm Stadium to be more competitive generating revenue.

Group Gathers Forces to Help Software Startups

TECH: Investors Get Chance for Informal Networking, Discussion

The leaders behind a new software-centric forum called Swarm, which seeks to bring local entrepreneurs and investors together, hope the event can reverse a disturbing trend they’re seeing.

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