SD FINANCE

Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

San Diego’s Wealthiest Are an Eclectic Group Reflecting Region’s Diversified Economy

Who are San Diego’s richest residents? What do they do to earn such impressive fortunes? And what do they have in common?

Zentalis Receives $85M in Funding To Target Cancer

BIOTECH: Quiet Biotech Raised $147 Million Since Founding

Cancer drug developer Zentalis Pharmaceuticals recently surfaced with an $85 million round.

French Pharma Company to Pay $2.5 Billion for Synthorx

Co.’s Protein Engineering Could Treat More Than Just Cancer

French pharmaceutical Sanofi will pay $2.5 billion to buy Synthorx.

Tease photo

Lower Drug Costs Now Act Passes House; Biocom Opposes

Group Says Legislation Would Hurt California Cos.

Biocom, an association representing the life science industry, has voiced its opposition to the House legislation known as the Lower Drug Costs Now Act.

Blenders’ Founder Sells 70% Equity Stake In Sunglasses Co.

CEO Says Team to Remain the Same; Co. to Keep P.B. HQs

In early October, Blenders Eyewear founder Chase Fisher told San Diego Business Journal the company had grown its revenue by 300% in the last two years.

Tease photo

Carnival Miracle to Make 13 Homeported Journeys From San Diego

ECONOMICS: Cruise Line’s Local Impact To Reach $26 Million

Seven years since it last departed from the Port of San Diego, Carnival Cruise Line launched its winter schedule.

Tease photo

Millennials to Say Bye to Boomers, Hello Homeownership

HOUSING: Change Will Be Gradual Leveling Playing Field For Buyers and Sellers

Baby boomers will ease the housing crunch when they die. So says a report from Zillow, an online real estate brokerage.

Tease photo

BurgerIM Opens Linda Vista Location

According to a press release, BurgerIM is located on Linda Vista Road in Linda Vista.

Blenders Eyewear Gets Acquired

According to a press release, Safilo Group, an international eyewear company, acquired 70% of Blenders Eyewear's equity.

Local Roots Kombucha Acquires Latitude 33 Brewing Facility

According to a press release, Local Roots' acquistion of Latitude 33's brewing facility includes the 16,000 square foot brewery and 20 fermentation vessels located in Vista.

Tease photo

Potential $31 Million Deal Shows Canale’s Work Paid Off

UDG Aims to Expand Footprint, Especially in West Coast

Carin Canale-Theakston founded Canale Communications. Her twin goals: build the largest life sciences communications firm on the West Coast.

Tease photo

Phoenix Molecular’s Seed Funding Reaches $12 Million

Co. Targets RSK2 Enzyme Often Found in Breast Cancers

Phoenix Molecular Designs is attacking advanced breast cancer in a new way — and with added funding.

Coldwell Banker West, Ascent Merger Creates Nearly 1,000 Agent Firm

REAL ESTATE: Technological Changes Are Driving Market Consolidation

Two San Diego residential real estate agencies have merged, creating a single firm with nearly 1,000 agents.

Tech Coast Angels Invest Again In Mercato and Discover Echo

FINANCE: $2.1M Split; ACE Fund Put Into Play

The deals, announced in late November, bring the number of million-dollar investments by Tech Coast Angels’s San Diego chapter to four.

Tease photo

Special Report: Wealthiest San Diegans

A list of San Diego's wealthiest individuals for 2019.

Tease photo

Prev