Stories for May 2004

Monday, May 31

Marathon Brings Out 20,000 Runners & #711; and An Economic Boost

On June 6, some 20,000 marathoners, most of them out-of-towners, will line up in Balboa Park to participate in San Diego's high-profile running event , the Suzuki Rock 'n' Roll Marathon.

Petco Settles Suit Over Animal Neglect

Petco Animal Supplies Inc. paid more than $650,000 in civil penalties and court costs, stemming from a settlement of a consumer protection lawsuit

Lawyers Find a Biotech Boom In San Diego

Major Law Firms Continue to Move In as Industry Here Grows Up

Week In Review

Week In Review

Big Labor Is Diverting Funds From SB 2 Battle

EDITORIAL by Howard Fine, Los Angeles Business Journal

Ready to Do Business in San Diego

COMMENTARY by Armon Mills, president and publisher of the San Diego Business Journal.

People on the Move


Credit Cards, Part 3: What Happens After the Sale?

Question: How does the process of accepting credit cards and debit cards work?

PriceSmart Struggles to Regain Once-Profitable Venture

Retail: Warehouse Club Store Model Doesn't Always Fit in Foreign Markets

Electrical Supplier Bids Farewell to Little Italy

Survey Finds Women Biz Owners Politically Active

Energy Officials Cautious About Summer Power Supply

Prolonged Heat Wave or Brush Fire Could Put Services in Danger

Mechanisms in Place for Extended State Gas Crisis

Energy: Refinery Storage, Lack of Competition Puts California in a Bind

Monday, May 24

News Briefs

Westcore Sells Mira Mesa Site, Buys Hillcrest Building; Zimmer Dental Signs $15 Million Lease for Carlsbad Space; Irvine Benefits Firm Opens Office Downtown

Despite Checkered Past, Investors Bullish on Biotech

The Future May Hold Profitability, According To Recent Industry Report

Governor Rolls the Dice With Various Budget Deals

Agreements With Teachers And University Officials Part of His Strategy to Close $15 Billion Gap

Credit Cards, Part 2: Comparing Fees, Services

Question: What do I need to know about fees when setting up a merchant account?

Port, Airport Boards Settle Suit Over Land Near Lindbergh

The boards that oversee the county's regional airport and the Port of San Diego reached an agreement Thursday to settle a lawsuit over who should have control of 47 acres near Lindbergh Field's runway.


Week in Review

Hearing Is First Skirmish in Battle for Bazaar del Mundo

Next Step: An Appeal to San Diego Superior Court

Groups Plot New Strategy For Revised Tourist Tax

As Yogi Berra might say, the push by a firefighters' union to restructure the most recent proposal to raise the tax the city charges visitors to stay in area hotels is "d & #233;j & #341; vu all over again."

More People, More Growth, But Less Clout

Southern California's Population Keeps Expanding; So Why Doesn't Our Pull in the Legislature Keep Pace?

Most School Districts Growing Despite Budget Woes

South Bay, Del Mar Feeling the Pinch In Different Ways

Pension Problem Limits S.D.'s Ability To Issue New Bonds

Once one of the most fiscally well run municipalities in California, the city of San Diego is looking like just the opposite, forced to deal with the grim realities of its severely underfunded employee pension plan, and apparently unable to borrow by issu

Monday, May 17

Week in Review

Workers' Comp Reductions May Hit 15%; Gateway Confirms Move to Irvine Business Center; Strong Quarter for Jack in the Box; San Diego No. 2 in 'Best of the Best'; Qualcomm Outlook Improves; Drone Makers Seek Navy Work; Lawmakers Back BRAC Delay; Remec Anno

Small Biz Spotlight: Sonartec Inc.

Sonartec, Inc. is a small Carlsbad-based manufacturer and distributor of golf equipment, specializing in fairway woods. Sales grew from $2.2 million in 2002 to $3.5 million in 2003.

Local Shoppers Are Buying Into Record Cost of Gasoline

Retailers Not Feeling The Pinch , Yet

Survey Finds Revenues Up for Residential Property Firms

Value, Square Footage of Managed Sites Also Increased

State Legislator Seeks Delay of Airport Site Vote

Transportation: Base Closure Process Takes Priority, Plecia Contends

Builders Are Feeling Squeezed as Steel Prices Jump

Supply, Demand Problems At Heart of Current Spike

Ben Franklin Would Be Proud

The Entreprenurial Spirit He Encouraged Lives on Today in America's Small Businesses

Help Wanted: Commercial Real Estate Job Openings Grow

Property Management, Appraisal Classes Popular At UCSD Extension

Sandag Gives Rail Project Help With $80M Financing

Transportation: Sprinter On Track for Its Opening

Titan Corp's Translation Work Has Global Scope

Focus on Abu Ghraib prison in Iraq doesn't begin to show the extent of the global translation work done by Titan, a San Diego company.

City Cuts Have Business on Edge

The likelihood of higher fees and departmental cuts in San Diego City Manager Lamont Ewell's proposed 2005 budget is causing some jitters in the business community.

Management Firms in Demand For Active Commercial Market

Retail Market Healthy While Local Industrial, Mixed-Use Is Growing

Monday, May 10

Sandag Energy Panel Muddles Through First Vote

Utilities: Inability to Reach Conclusion on SDG & E; Plan Puts Board in Tenuous Spot

Dogged By Problems, Women First Files Chapter 11

SkinMedica Likely to Get Top Facial Cream

"We Will Not Increase the Taxes"

From the web log of Daniel Weintraub, columnist for the Sacramento Bee

We're Destined To Be Disliked, No Matter What

EDITORIAL by Mark Lacter, editor of the Los Angeles Business Journal.


'Greed' Behind Morgan Decision

Local Printers Are Pressed for Profits

Small Firms Face Pressure To Sell Out to National Companies or Close Up Shop

Civilian Contractors Consider Overseas Responsibilities

Questions arose last week concerning the extent of involvement of employees of two American defense contractors , San Diego-based Titan Corp. and Virginia-based CACI International, in the alleged abuse of Iraqi prisoners.

Scientists Get Tool to Fight Deadly Viruses

Biotech: La Jolla Institute Receives $25M Grant Over 7 Years

Local Radio Reports Strong Advertising Showing for '03

Media: Life on the Freeways Makes for a Strong Listener Base

Educating Small Businesses About the "Sue Your Boss" Law

Small Business Help Line - Question: How does SB 796, the "sue your boss" law, impact small businesses?


Week in Review

Realty Income Posts 35% Bump in Revenue for 1st Quarter

Escondido-based Realty Income Corp., a real estate investment trust, reported increased revenue and income for the first quarter of 2004.

Builders Hope Lumber Ruling Means Lower Prices

Institute of Americas Launches Investment Program for Mexico

Memec, Active Network Set Plans for Initial Public Offerings

Two San Diego high-tech firms plan to issue stock later this year, proving the capital markets are finally warming up for technology companies that aren't making drugs.

Tourism: San Diego's Success Story

Tourism: San Diego's Success Story

Revitalized El Cajon Turning Downtown Into Urban Magnet

Once East County's Business Hub, Renewal Draws Attractions as New Homes Go Up

Group Proposes New Act for East County Arts Center

Redevelopment: Lesson May Be Learned From Escondido's $84M Facility

Tax Amnesty May Cut State's Budget Deficit


Monday, May 3

Business Set For Battle to Overturn SB2

Gov. Arnold Schwarzenegger may sit this one out, but the battle to overturn a California law requiring employer-funded health care coverage is shaping up to be a heated one.

Chargers, City Move Past Initial Hurdle With Pact

Politics: Involvement of City Councilman in Talks Seen as Key to Settlement

Cities Back Ballparks as Catalyst for Downtowns

If other baseball stadiums located in downtowns around the country serve as an indicator, Petco Park can be expected to spur lots of economic activity in the heart of San Diego.

Small Business Profile

Progressive Design Playgrounds, designs and manufactures colorful commercial children's play structures and recreation site furnishings utilizing recycled plastic.



Biotechs Now in Favor as Funding Opens Up

Venture Capital Surveys Find That 74% Targeting Biotech, Health Care

Will Reform Lure Carriers Back to Workers' Comp?

When lawmakers passed the biggest workers' compensation package in a decade, they rejected rate regulation and bet that the reforms would spur vigorous competition and lower premiums.

San Diego"s Salmedix Is the Latest Company to Jump on IPO Bandwagon

Salmedix Inc. is the latest San Diego-based biotech company hoping to make its public debut, registering on April 23 to raise up to $86.3 million in an initial public offering.

Labor Code Violations and New "Sue Your Boss" Law

Question: How does SB 796, the "sue your boss" law, work?

Student Fees Increased at San Diego State University

San Diego State University will increase student fees by $80 a semester, which will enable the university to offer 490 more course sections during the 2004-05 academic year.