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  May 12-18, 2008
SDBJ News
Regional Development Agencies in Recruiting Mode as BIO Nears
Besides scientists ready to debut their latest advances and venture capitalists keen on learning about investment opportunities, next month’s Biotechnology Industry Organization gathering is bringing a swell of recruiters eager to attract businesses ripe for expansion.
Federal Judge Rules in Favor of Downtown Waterfront Project
A ruling in favor of developer Douglas Manchester’s effort to build a mixed-use waterfront park on downtown Navy land has dealt a blow to the California Coastal Commission’s authority to regulate this project and other private developments built on federal property, according to Manchester’s attorney.
Union-Tribune Dismisses 3 Web Site Executives
The San Diego Union-Tribune axed at least one of its Web site executives and has frozen top management’s salaries, according to an internal memo dated May 7 that was sent to staff members from Gene Bell, the publication’s president and chief executive officer.
More San Diego Companies Are Competing on Global Stage
Despite competing with the world’s largest medical device makers, Carlsbad-based Timely Medical Innovations is becoming so successful that it’s selling products to those same manufacturers.
Browse the complete Table of Contents - stories, charts, and editorial - for the current edition of the Journal

Updated: 5/15/2008 11:54:27 AM

Janitors Picket Gen-Probe Amid Union Dispute
A group of San Diego janitors represented by the Service Employees International Union Local 1877 picketed outside the corporate offices of Gen-Probe Inc., which was holding its annual shareholders meeting May 15.

BrightQube Imaging Firm Lands Angel Funding
San Diego Tech Coast Angels, a group of wealthy investors that provide capital to technology startups, said May 13 it completed funding of a convertible note for $650,000 for a local tech firm called BrightQube.

One in Five Households Could Afford Median-Priced House in April
With home prices off by 25 percent over the year in San Diego County, a greater percentage of people can afford new homes, according to an “affordability index” called HomeDex prepared by Robert Brown, a professor at Cal State San Marcos.

ViaSat Profits Orbit Higher
ViaSat Inc., a Carlsbad maker of satellite and communications equipment, reported May 13 net income of $10.5 million for the firm’s fourth quarter ended March 28, up 23 percent from the like quarter in 2007.

Junior Version of Gulls Hockey to Skate in Escondido
Local hockey fans who have been iced out of their sport since the San Diego Gulls ceased playing in 2006 have something to cheer about with the announcement May 13 that the Gulls are returning to the area.

Clock Stops as Rincon Case Appealed
After setting a 60-day schedule for the state to negotiate a new gaming deal with the Rincon Band of Luiseño Indians, a federal judge has stopped the clock at the state’s request.

More Latest Local News...


This Week's Supplements
Regional Development Agencies in Recruiting Mode as BIO Nears
Federal Judge Rules in Favor of Downtown Waterfront Project
Union-Tribune Dismisses 3 Web Site Executives
More San Diego Companies Are Competing on Global Stage
One in Five Households Could Afford Median-Priced House in April
 
Small Business Profile
Conference Gives Pep Talks to Encourage Women in Technology
Real Estate Downturn To Be Short-Lived, Predicts One Speaker At Trends Conference
BIO Investor Forum Brings 200 Firms, 225 VCs Together
Union-Tribune Dismisses 3 Web Site Executives
 
Podcast: Preview This Week’s San Diego Business Journal
Web Editor Brad Graves provides highlights from the May 12, 2008 issue of the San Diego Business Journal.
Din of Bouncing Basketballs Anticipates December Classic
The 21st annual Jack in the Box Three-on-Three Basketball Tournament happens May 17 and 18 at Crown Point Shores.
Hillcrest Apartment Complex Sold for $17.5M
Hillcrest Montecito of San Diego on April 30 sold a 72-unit complex, Montecito Point in Hillcrest, for $17.5 million, or $243,000 per unit, according to the broker.
Steep Gas Prices Exerting Wide Strain On Local Companies
For the past few years gasoline prices have spiked in the spring and gone down at the beginning of the summer driving season. But as oil prices continue to break record highs, analysts predict that relief at the pump is further off.
Biotechs Surviving VCs’ Cutbacks Better Than Other Sectors
San Diego’s biotech sector raised more venture capital dollars than any other local industry in the first quarter of the year, according to two recent venture capital spending reports, but it suffered big year-over-year declines.
 
   

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