SD BUSINESS JOURNAL DAILY ENEWS

Pumping The Gas

TECHNOLOGY: Qualcomm Moves on Automotive Business as Smartphone Sales Slow

Look closely enough, and you might see Qualcomm Inc. testing self-driving cars on its Sorrento Valley campus. The San Diego-based chipmaker acquired a testing permit from the Department of Motor Vehicles in 2017, and converted a vacant parking lot into a roundabout to take its technologies out for a spin.

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Tourism & Hospitality: Cannabiniers Wants Piece Of The Pie

According to The State of Legal Marijuana Markets report, released mid-2018 by Arcview Market Research and BDS Analytics, the legal cannabis business in the United States is projected to be a $23 billion industry by 2022. And, Little Italy-headquartered Cannabiniers, a cannabis brand management company, wants a piece of the pie.

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Scripps, UC San Diego Health Land Opioid Treatment Grants

Scripps Mercy Hospital San Diego landed a $260,000 grant for opioid disorder treatment, the California Bridge Program recently announced.

Cubic Cash Dividend to Go Out March 12

Cubic Corp. announced on Feb. 18 that its board approved a semiannual dividend of 13½ cents per share. The dividend is payable on March 12 to shareholders of record on March 1.

San Pasqual Band of Indians Appoints New Tribal Business Committee

Stephen W. Cope is the newly elected chairman of the tribal Business Committee.

Tourism & Hospitality: Angel Shave Club Hopes To Empower Women

For Iskra Tsenkova, launching a women-focused shave club wasn’t just about providing girls with inexpensive, female-centric shaving tools, but a way to use the universal platform of shaving to inspire women around the world.

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Qualcomm Rolls Out New 5G Modem

Qualcomm unveiled its second 5G modem, the Snapdragon X55.

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San Diego Makes Forbes’ Travel Guide’s 14 Top Destinations of 2019 List

According to the tally, revealed this week, the featured locations don’t just boast fun music festivals and a decent number of restaurant openings.

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Cellular Aquaculture Co. Seeks to ‘Grow’ Seafood

ENVIRONMENT: BlueNalu Puts A Biotech Twist on Catching Dinner

To satisfy the world’s growing appetite for seafood, one San Diego company is exploring laboratories rather than the ocean.

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New EvoNexus Round Targets Defense-Tech

STARTUPS: San Diego Accelerator Teams Up With Viasat, Cubic for Program

San Diego tech accelerator EvoNexus has gained a new corporate backer. Cubic Corp., a San Diego company that develops defense and transportation systems, will join the accelerator for the first time to launch an application round with Viasat Inc.

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Amplyx Pharmaceuticals Snags FDA Orphan Drug Designation

San Diego-based Amplyx Pharmaceuticals’ lead drug candidate received an orphan drug designation for a condition that can be life-threatening for HIV/AIDs patients and others.

Laptop Expands Unmanned Aircraft’s Portability

General Atomics Aeronautical Systems Inc. publicly announced the next piece of technology that will command its advanced MQ-9B remotely piloted aircraft.

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Salinas Sale Brokered By San Diego County Firm

Building is leased to 7-Eleven

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Defense & Technology: Northrop Grumman Gets Fire Scout Work

The U.S. Navy is buying five additional MQ-8C Fire Scout helicopters from Northrop Grumman Corp., as well as two lightweight fuel cells, under a $55.1 million contract modification awarded on Jan. 30.

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Hera Hub to Open New Coworking Space in Temecula

Hera Hub will open a new coworking space in Temecula.

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Special Report: An In-Demand Address

REAL ESTATE: Raw Land Scarce, Reuse Eyed in North County

Despite the shrinking inventory of raw land, demand for North County property is going strong, with low vacancy rates for industrial and office property.

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Drinking, Prohibition Era Style, Fuels Speakeasy Lookalikes

DINING: Millennials’ Desire For Experiences Brings Them To Local Establishments Serving Alcohol In the Style Of When It Was Banned

While alcohol is completely legal today, speakeasy-style bars are making a comeback. From UTC’s Raised by Wolves to Kearny Mesa’s Realm of 52 Remedies to Noble Experiment located downtown, San Diego has seen a bunch of them pop up around the county lately.

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Escondido Apartment Complex Sold For $19.5M

Complex has 98 apartments

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AMN Healthcare Reports Fourth Quarter Results

AMN Healthcare recently reported $529 million in fourth quarter revenue, a 4 percent year-over-year increase. San Diego-based AMN is the country’s largest health care staffing agency.

Contractor Selected for Tenth Avenue Marine Terminal Project

This will include the demolition and disposing of a second transit shed, rail and stormwater improvements and new pavement.

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