San Diego Business Journal

Lead stories

MabVax-Telik Union Shows How Dramatically Fortunes Change

Privately held San Diego cancer vaccine maker MabVax Inc. has merged with Palo Alto-based Telik Inc. — a once high-flying drugmaker whose reputation and stock value tumbled after drug failures and an ethics controversy.

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Corky McMillin Cos. Selling Millenia Development

San Diego-based Corky McMillin Cos. is in the process of selling Millenia, the $4 billion mixed-use development underway in Chula Vista, company Chairman Scott McMillin said.

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San Diego Opera Announces a 2015 Season

San Diego Opera’s board of directors announced a shortened 2015 season voting to rescind a March vote to dissolve the organization.

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EDF Renewable Energy Selling 50% Stake in Solar Project

EDF Renewable Energy announced that half of its equity interest in the 143-megawatt Catalina Solar project is being acquired by TIAA-CREF, a financial services provider.

PepsiCo Extends Agreement with Senomyx

San Diego-based Senomyx Inc. said PepsiCo Inc. has exercised its option to extend the companies’ collaborative agreement related to Senomyx’s sweet-taste technology for an additional two years, through August 2016.

Huntington Capital Completes Investments in an Arizona Software Company

Huntington Capital, a San Diego-based private equity fund specializing in the software industry, said it closed a combination of preferred equity and mezzanine debt capital investment in Cubex LLC, a Tempe, Ariz., based software business.

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Legoland Plans May 24 Opening for New Water Park Feature

Legoland California Resort in Carlsbad plans a May 24 opening for its new attraction, Lego Legends of Chima Water Park.

Tony Hawk Gets a Marketing Role with Mini USA

Tony Hawk is hawking a four-wheel vehicle much heavier than a skateboard.

A Passport Won’t Get You to These French Charms in Oceanside

St. Malo is a cluster of French Normandy Tudor homes on the north side of the Buena Vista Lagoon between Oceanside and Carlsbad. You can see the slanted roofs, decorative half-timbering, turreted towers and animal wind vanes of this distinctive community from Highway 101 and the beach.

Epsilon Systems Receives $5.7M Navy Contract

Epsilon Systems Solutions Inc. said it received a $5.7 million contract to overhaul the Arco, a floating dry dock that the U.S. Navy uses to service submarines in San Diego.

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Cox Gives USS Midway Museum $1.5M Grant for Education

Cox is giving the USS Midway Museum a $1.5 million grant to expand its educational program.

San Diego Ad Club Changes Its Name to SDX

San Diego Ad Club is changing its name to SDX, the organization announced.