San Diego Business Journal

Does Fiduciary Rule Give RIAs Competitive Edge?

As the independent segment of the investment advisory business continues to grow, the U.S. Department of Labor’s recently implemented retirement-savings regulation, known as the fiduciary rule, may increase those advisers’ competitive advantage over traditional broker-dealers.

By Sarah de Crescenzo June 22, 2017 6:10 p.m. share »

S.D. Startups Chasing a Good Cause

Ever since the success of TOMS shoes — and the rise of "social impact ventures" — startups have been leveraging social and environmental causes to drive sales.

By Brittany Meiling June 22, 2017 5:48 p.m. share »
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General Dynamics Says It's No. 1 in Ouput

General Dynamics NASSCO has claimed the greatest output from a single U.S. shipyard since World War II.

By Brad Graves June 22, 2017 5:38 p.m. share »
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Navy Reportedly Picks Ships for UAV Operations

The aircraft contract isn’t awarded yet, but the U.S. Navy has already decided which of its aircraft carriers will launch and retrieve the MQ-25A Stingray unmanned aircraft.

By Brad Graves June 22, 2017 2:27 p.m. share »

GA-ASI Shot Down in Court, Still Ready to Celebrate Its Successes

Germany will go ahead with plans to use Heron unmanned aircraft made by Israel Aerospace Industries, leasing those Heron drones from Airbus. General Atomics Aeronautical Systems Inc. wanted that business for itself and tried get it, going as far as a German court to get the government to reconsider GA-ASI’s proposal. But the company’s gamble didn’t pay off. The court ruled on May 31 that the German government could lease the Herons, Defense News reported.

By Brad Graves June 22, 2017 2:24 p.m. share »

Support CalCAP for Small-Business Lending

Small businesses provide economic opportunities, jobs and services we all rely on. But the future of a state program that helps entrepreneurs like us get the capital we need to launch and grow our businesses is in jeopardy.

By Hasani James & Ruben Wade June 22, 2017 1:45 p.m. share »
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San Diego Medical Office Building Sells for $28.5 Million

A joint-venture affiliate of San Diego-based Coast Income Properties Inc. has acquired a medical office building in Carmel Valley for $28.5 million, according to CoStar Group and public data.

By Lou Hirsh June 22, 2017 1:41 p.m. share »
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Transparency Essential to Medical Device Safety

The San Diego area has earned its ranking as one of the top locations for medical imaging innovation. Our responsibility as medical imaging device manufacturers, however, does not end once our latest technologies hit the market. We follow our devices through their lifecycles, paying special attention to the servicing they receive.

By Nancy Bailey June 22, 2017 1:40 p.m. share »
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Golf Becomes a Team Sport at Drives For Rides Tournament

The 5th annual Drives for Rides golf tournament benefitting the Emilio Nares Foundation, a nonprofit that helps families navigate their child’s journey through cancer, was hosted by gap intelligence at the Encinitas Ranch Golf Course. The event included a golf tournament with raffles and a silent auction, followed by a dinner banquet, during which guests heard from a family helped by the Emilio Nares Foundation.

By Stephanie Glidden June 22, 2017 1:38 p.m. share »

Survey: S.D. CIOs Looking to Hire in Second Half of 2017

Twenty-one percent of chief information officers in the San Diego area plan to hire full-time technology professionals in the second half of 2017, according to a forecast from Robert Half Technology, a division of Menlo Park-based recruitment firm Robert Half.

By Sarah de Crescenzo June 22, 2017 1:34 p.m. share »
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Failing to Grasp Loan Terms Can Be Costly to Companies

For the husband-and-wife team behind Kindred Bravely, an Oceanside-based e-commerce retailer of maternity clothing, it was their business success — not their struggles — that prompted them to turn to a well-known online lender.

By Sarah de Crescenzo June 22, 2017 1:34 p.m. share »
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Proposed Bank Already Has Solid Community Ties

Acraft beer entrepreneur, a real estate investor and a philanthropist walk into … a bank?

By Sarah de Crescenzo June 22, 2017 1:31 p.m. share »

Two Attorneys Promoted to Partner at Tyson & Mendes

Insurance defense law firm Tyson & Mendes LLP recently promoted attorneys Cayce Greiner and Dan Fallon to partner in the firm’s San Diego headquarters. Greiner previously served as special counsel in Tyson & Mendes’ San Diego office, focusing primarily on general liability and commercial litigation, while partnering with defense litigation teams within the firm on cases involving complex issues, and catastrophic injury. She leads the firm’s Client Services Department and chairs its Women’s Initiative and Young Professionals Group.

By Randy Frisch June 22, 2017 1:26 p.m. share »

Software Startup Cloudbeds Raises $9 Million

San Diego software startup Cloudbeds has raised $9 million in new funding, setting the company up to boost its headcount and possibly acquire other companies, the startup said.

By Brittany Meiling June 22, 2017 1:25 p.m. share »
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Garden Shop Relocates; Bikes, Ballet And Cookies Make Their Move

Glendora-based Armstrong Garden Centers recently opened its relocated store in San Diego’s Morena neighborhood, now at 1364 Morena Blvd. after moving from 1350 W. Morena Blvd. Operators said the move was necessitated by changes in the neighborhood brought about by development of a new station as part of the Mid-Coast Trolley extension project. The garden supplies retailer operates 32 California stores, including seven in San Diego County.

By Lou Hirsh June 22, 2017 1:23 p.m. share »
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NYC’s Past Will Have Presence in Gaslamp

The eating and drinking lineup in downtown’s always-evolving Gaslamp Quarter is about to get a splashy new arrival, helmed by six veterans of San Diego’s hospitality scene. A multistory, 7,800-square foot venue called Queensborough — a 1920s-style cocktail bar, lounge and restaurant named for the New York City borough — will open in July in the space that formerly housed Maloney’s Tavern for 25 years at 777 Fifth Ave.

By Lou Hirsh June 22, 2017 1:20 p.m. share »
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Major Reconfiguration in the Works for UCSD Main Campus

Within the next six years, University of California, San Diego as it’s now known to visitors could be looking very different. Construction should be getting in gear starting next summer for what’s expected to be a major, long-range reconfiguration of the main campus in La Jolla.

By Lou Hirsh June 22, 2017 1:19 p.m. share »
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Flights to Bring Key Connection to Continental Europe

Airport and tourism officials say German carrier Lufthansa’s direct local flights to Frankfurt, set to begin next summer, will give the San Diego region its first major, full-year air connections with continental Europe.

By Lou Hirsh June 22, 2017 1:17 p.m. share »
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City Council Rejects Special Election for SoccerCity Project

The San Diego City Council has voted 5-4 to defer the proposed SoccerCity mixed-use development to the November 2018 general election, despite pleadings from project supporters that a vote was needed this year in order to meet timelines for delivering a pro soccer franchise to the city.

By Lou Hirsh June 22, 2017 1:04 p.m. share »
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Navy Deploys Augmented and Virtual Reality for Many Tasks

Everyone, it seems, wants to see the BEMR Lab. U.S. Navy scientists and engineers run the shop devoted to virtual reality and augmented reality at the Navy’s research complex at Point Loma.

By Brad Graves June 22, 2017 1:02 p.m. share »

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