SD BUSINESS JOURNAL DAILY ENEWS
Report: Human Longevity’s Valuation Falls 80%
Human Longevity Inc.’s latest valuation: $310 million, down more than 80 percent from early 2017, according to the Wall Street Journal.
Pechanga Sports Arena Naming Rights Approved
The city will receive approximately $40,000 per year from the Naming Rights Agreement, or approximately $63,000 if the term expires in 2020.
CEO Meets, Defeats Challenges, Turns to Helping Others
From the dot-com bubble burst to selling her company, Kim Perell has seen a little bit of everything as an entrepreneur.
Character Is Amenity For East Village Office
PROPERTY: SuperBlock to Offer Classic, Large Space
The former home of Jerome’s Furniture — an East Village landmark in downtown San Diego for nearly 50 years — will be transformed into a new landmark of sorts.
SDBJ INSIDER Pack You Baggies: Here Comes Cannabis Tourism
One of my must-reads every December is the Hotel Guru’s Top 10 Hospitality Market Trends, in which Robert Rauch of RAR Hospitality predicts what will be making news in the coming year.
BAE Systems Wins $79M Ship Repair Contract
The U.S. Navy awarded BAE Systems San Diego Ship Repair in Barrio Logan a $78.8 million fixed-price contract to maintain, modernize and repair the USS Shoup.
Qualcomm to Cut 125 From San Diego Offices
Qualcomm will cut 125 employees from its offices in San Diego and Raleigh.
RF Industries Chalks Up 87 Percent Growth
RF Industries, which makes specialized electronic connectors, said it increased annual sales 87 percent in the recently ended fiscal year. Fiscal 2018 sales were approximately $58 million, compared to $31 million in fiscal 2017.
Business Calendar for Week of December 10, 2018
Business events scheduled in the county.
Healthcare District Dumps At-Large Elections
HEALTH: Grossmont Makes Move; Palomar Considers Election Change
Under the threat of a lawsuit from a Malibu attorney, one San Diego hospital district is moving to a new type of election system, while another will consider doing so.
Callaway Is Game for Apparel, Gear Market
SPORT: Golf Still Strong Suit, While on Acquisition Course
Callaway Golf Co. is taking a shot. Callaway is best-known for being one of the major golf equipment makers in the United States, but these days the company is also looking to win a bigger share of the sportswear and sports gear markets.
Utilis Is a Resource for Finding Water Leaks
SERVICE: Satellite Imagery Helps Detect General Location
The drinking water flows from a source in the mountains to the customer’s tap, but somewhere in the sprawling network of pipes, part of it disappears.
‘Most Innovative’ Products’ Are a Magnificent Seven
Connect, San Diego’s oldest startup accelerator, recognized seven companies with ground-breaking technologies on Nov. 29. Pared down from a pool of 23 finalists by a team of judges, this year’s winners designed products that are better, faster and stronger than the competition.
UTC Unit Moving Work to Mexicali; 300 Layoffs Expected
2020 will be the end of an era as manufacturing at Chula Vista’s major aerospace plant — now overseen by the Collins Aerospace unit of United Technologies Corp. — winds down.
Mattis: Military Needs Sustained Funds, High-Tech Tools
Defense Secretary James Mattis called for continued, robust defense spending during a Dec. 1 appearance at the Ronald Reagan Presidential Library in Simi Valley, and appealed for help from California’s advanced technology sector. I
San Diego Economic Surveys Find Optimism Holding Fast
ECONOMY: Craft Beer, Tourism and Overall Picture Remains Bright
Although big beer has been lurking around the craft beer neighborhood lately, it seems the latter isn’t too worried about the presence of the former just yet.
Plaza Buyers Looking for Right Mix to Make Property Shine
PROPERTY: Creating An Inviting Vibe for Millennials Part of Plan
When Patty Brutten and Marc Brutten’s Brixton Capital real estate investment firm bought Del Mar Plaza in February 2017, they were surprised at what they found.
Pfizer Move to Transfer 100 Jobs to San Diego
Pharmaceutical behemoth Pfizer is set to close a South San Francisco site and relocate 100 jobs to its research and development campus in La Jolla.
Following the Local Biotech VC Funding Trail
The San Diego Business Journal frequently chronicles local funding rounds and the big dreams that accompany them. But what about the largest venture capital sources locally?
Oxeia Leading the Pack on Potential Concussion Treatments
Oxeia Leading the Pack on Potential Concussion Treatments
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