Stories for April 2002
Monday, April 29
Traditionally, big drug companies have gobbled up smaller biotechnology firms to smooth out the long and bumpy road to drug development. Now, biotech companies are increasingly buying one another. The reasons for the consolidations are many.
Finance: AMCC Ends FiscalYear on Sour Note; Cohu Also Reports Quarterly Loss
Energy: Vista Firm Has No Physical Plant To Heat or Cool
Point Loma Nazarene University is developing a new master's of science degree in nursing open for enrollment for the 2002 fall semester.
Lee Enterprises, parent company of the North County Times, reported second-quarter earnings last week and said diluted earnings per share of 30 cents are flat compared to the year before.
State officials recently announced they have restructured eight of California's long-term energy contracts.
Small-business owners can expect their electric bills to go up about 20 percent beginning next month. The seasonal jump will last until September...
Wireless: Company Trims Guidance With Weakening Market for Cell Phones
Best Practices Showcase 2002 will honor "Best Practices in Education" for San Diego County elementary and middle schools May 13, at the San Diego Natural History Museum in Balboa Park.
Mission Valley Project Takes on Village Concept; KB Home Acquires Oceanside Site With $17 Million Price Tag
San Diego Real Estate by Mandy Jackson
For real estate developers, time is money. They contend the long review and approval process in San Diego adds to the cost of their projects and limits the amount of affordable housing that can be built.
As Southern California gets squeezed both for water and a place to store it, the way to help solve both problems could literally be under our feet.
A San Diego-based company has started construction work for its part of the San Diego Trolley extension.
San Francisco-based institutional investor Hearthstone is investing $50 million and partnering with Regis Homes and American Property Enterprises to purchase and convert 300 apartments to condominiums in Mission Valley.
Biotech: Pfizer Will Not Make $6M Milestone Payment After Failure of Experimental Drug
SMALL BUSINESS by Lee Zion
Public workshops for businesses and residents to provide input on the Centre City Community Plan for Downtown San Diego will begin in May.
Magis Networks Completes Second Round of $40M in Venture Funding
Five Companies Later, Amir Moussavian Is Putting MIR3 On San Diego's High-Tech Map
Finance: Shareholders Demanding More Accountability of Boards
San Diego-based Leap Wireless International, Inc. shouldered a loss in the first quarter of 2002 while increasing its subscriber count 24 percent to 1.38 million people.
OPINION by Reint Reinders, President and CEO of the San Diego Convention & Visitors Bureau.
The deadline for nominating office facilities for the the Office Building of the Year awards, also known as the TOBYs, from the San Diego chapter of the Building Owners and Managers Association is approaching.
IBM and San Diego-based Peregrine Systems, Inc. will step up efforts to market products using Peregrine's infrastructure management software.
Real Estate: Properties Needing Rehabilitation Aren't Deterring Investors
Monday, April 22
Environment: Preliminary List Describes About 80 Polluted Areas in San Diego County
Media: Change May Shake Up Some Longtime Listeners
The San Diego Unified School District has awarded $16.5 million in Proposition MM construction contracts to three local companies.
Gateway Inc. reported losing $123 million in its first quarter, on revenues of $992 million, a little worse than Chairman Ted Waitt told analysts it would do a few months ago.
A Carlsbad-based company began work cleaning up environmental contamination in South Carolina.
The president and CEO of Pacific Trust Bank sets high expectations for the customer service his bank provides and isn't shy about comparing it to some of the best-known brands in the nation.
Greenpeace hopes to stop Sempra Energy projects in Mexico, claiming the San Diego-based company wants to exploit the border region as "a dirty energy export zone for the United States."
An innovative One-Stop Career Center opened this month in the Grant Hill area
William Safire, a Pulitzer Prize-winning political columnist for the New York Times, will speak at the California Center for the Arts, Escondido.
Wenaas Announces Retirement From JNI; Stiska Named as Replacement
San Diego-based Science Applications International Corp. has apparently lost its bid to be prime contractor on the U.S. Coast Guard's Integrated Deepwater System.
Finance: Opinions Mixed on Whether Accounting Firm Will Survive Investigations
A San Diego-based company has been selected to conduct research looking into homeland security for the transportation sector.
The stepped-up protection the U. S. Coast Guard has offered commercial shippers, the Navy and San Diego Bay after last year's terrorist attacks will continue, the Coast Guard's top admiral says.
San Diego officials will ask state regulators to overturn a decision that could cost the city as much as $3 billion.
San Diego's Planning Director Practices What She Preaches
Government: All Business Owners Can Expect Annual Inspections
Issues Remain Overtime, Staffing Ratios, Pay Raises
Is the truth out there in Ocotillo Wells? Longtime science-fiction drama "The X-Files" is shooting scenes from its final episode in the desert-area off-roading site this week.
Opinion by M. David Stirling, vice president of Pacific Legal Foundation
El Camino Insurance of Oceanside has changed its name to USI of San Diego Insurance Services.
Students soon will receive special courtroom training in celebration of Law Week.
San Diego's unemployment remained at 3.8 percent for March, the same rate as February, and a distinct slowdown in terms of the growth of new jobs compared to last year.
It appears the California Coastal Commission , or at least a significant number of its board members , has taken it upon itself to enforce what it perceives to be federal law.
Housing: Panel Also Declares S.D. Facing A Housing Crisis
Opinion by Dr. Davis Cracroft, regional director of the Emergency Physicians' Medical Group
New TD Hays Owners Adjust Menu, Plan to Convert to Pub in Autumn
San Diego-based AMN Healthcare Services Inc. has signed a 170,000-square-foot lease in a six-story office property near Del Mar being developed by Kilroy Realty Corp
The San Diego Convention Center Corp. received an honorable mention in the city's Waste Reduction and Recycling Awards Program.
Monday, April 15
There's no denying that the Sept. 11 terrorist attacks slammed the door on most vacationers' plans to fly long distances.
The San Diego office of VR Business Brokers, said it did $32 million in transaction fees last year, making it No. 1 among VR's 71 offices.
Trade: Officials Hope Brighter U.S. Economy Offsets Drastic Job Losses
Downtown's First New Bank in 20 Years Receives The OK of State and Federal Regulators
The Biotechnology Industry Organization has recruited local scientists to help pitch a warm and sanguine image of biotechnology to lawmakers.
Finance: Concept Allows The Institutions to Be Part Owners
The battle for a secure water supply for the county may come down to business vs. the environment.
PROFILE: Research of a Different Kind Makes Kate Murashige the 'Mother Superior of Female Patent Lawyers'
TECH TALK : Software - Larry Ellison Addresses Problems and Benefits of New Program
The Shidler Group of San Diego, in partnership with New York-based Angelo, Gordon & Co., has purchased the former US Airways training and reservation centers in San Diego for $7.9 million in cash.
San Diego-based Hollis-Eden Pharmaceuticals, Inc. said it started a safety trial to find out if their experimental drug can stimulate the immune response in elderly patients following hepatitis B vaccinations.
State officials are threatening to cancel Sempra Energy's long-term $7 billion contract, alleging the San Diego firm pulled a "bait-and-switch" tactic with the promise of new electric generation at its Elk Hills plant.
Jerry Sanders, current president of the United Way of San Diego, has announced his intention to retire from the United Way in June.
When Cirque du Soleil's Dralion show opens at the Del Mar Fairgrounds on Thursday April 18, ancient Chinese acrobatics won't be the only balancing act on the premises.
American Mortgage Network has opened a regional center in San Diego and a satellite office in Mission Viejo to begin broker originations.
As the face of the national work force is destined to become older and grayer, employers may want to consider new ways for promoting a healthy and productive work environment, according to a health science professor.
Report: Value of Products Exported From California Decreased By $15B in 2001
OPINION by Eric Daniels, writer for the Ayn Rand Institute
Monday, April 8
San Diego's forecast for tourism this spring doesn't differ from the decrease expected for the rest of the country. Still, the local market's performance so far, buoyed by a spate of dry weather, could indicate a brighter outcome.
Environment: Source of Air Pollution Sought. A San Diego small business, facing scrutiny for allegedly polluting the air around nearby homes, is fighting for its life.
Tourism: Targeting High-End Meetings Part of Plan to Fill Rooms Costing Up to $3,500
The SBA's George Chandler Put Americans on the Moon. Now He Puts Entrepreneurs on the Road to Success
Though Gateway Inc. is attempting to right its ship by becoming the low-price leader in PCs, the price wasn't low enough for the city of San Diego, which awarded a $25 million, five-year contract with Compaq for hardware last month.
Local businesses may see water rates in San Diego go up 33.8 percent by 2006, and still more rate increases may follow.
Wells Fargo, Author Offer Small Business Tip for the Internet
Where has customer service gone? Into hiding I think, because so many companies fail to provide any form of it...
Qualcomm Inc. wasn't so fortunate, but three other San Diego companies hung tight in the race to be ranked as a Fortune 500 company.
On April 1, San Diegans paid an average of $1.62 per gallon, the highest nationwide, said Michael Shames, executive director of the Utility Consumers' Action Network. Since Jan. 7, local prices have soared 42 cents per gallon , nearly double the national
Quality Services Mexico Inc. Signs Lease in Otay Mesa
OPINION by Hector V. Barreto, administrator of the U.S. Small Business Administration.
Robert Fellmeth believes he knows what causes part of San Diego's gas-price dilemma: A local shortage of fuel-storage capacity.
Mounting Losses Prompt Jmar's Shutdown of a Plant in Irvine
Two local biotechnology firms recently raised a combined $83 million in new funding. Vaccine maker CancerVax Corp. in Carlsbad raised $55 million in a second round of financing.
Despite going through the process twice before, Bill and Debbie Ipsen were still edgy about having another home custom-built.
Property insurance premiums were expected to increase this year due to an already tight insurance market. Because of Sept. 11, some local real estate owners and managers have seen their premiums increase even more than originally anticipated.
Real Estate: Kilroy Acquires Properties, Development Sites From Allen Group
Analysts Agree No Amount Of Good Will Can Save the Big Five Accounting Firm
Monday, April 1
Radio-TV Collaboration Results in In-Studio, Performance Series
The people at the San Diego Regional Technology Alliance have a new home.
Biotech: Zevalin is First Radioimmunotherapy To Reach the Market
Southwest Bank's Growth Spurt Spurs $5 Million Stock Issuance
A moribund proposal to expand Lindbergh Field onto neighboring land at the Marine Corps Recruit Depot seems to be stirring again.
Orange Coast magazine has struck a deal with San Diego-based Kintera Inc. to offer the publication's events calendar for nonprofits to publishers across the county.
San Diego's economy could be entering an upturn based on the latest USD Index of Leading Economic Indicators for the county.
Burnham Pacific Properties Inc. has sold its interest in three more properties for a total of $22.3 million.
Redevelopment: CityMark Project Is Just Two Blocks From the Beach
Kathy Sridhar Has a Doctorate and Her Own Company. But She Knows Life Offers More Than Just That
Advanced Tissue Sciences, Inc. announced a new strategy to boost revenues by applying its core technology to skin care products.
What made PinnFund Inc., the Carlsbad-based mortgage bank founded by admitted felon Michael Fanghella, so convincing to investors was the operation's apparent legitimacy.