San Diego Business Journal


Grocer Aldi to Open First Local Store in Vista

Discount grocer Aldi Inc. announced that its first San Diego County store is planned for 1750 University Ave. in Vista, though the retailer did not disclose an opening timetable.

Intuit Buying Carmel Valley Office Campus for $262.3 Million

Intuit Inc., maker of popular financial software including TurboTax, Quicken and QuickBooks, is purchasing the four-building Carmel Valley office campus that it currently leases for $262.3 million, according to CoStar Group.

AMN Healthcare Acquires Kansas-Based Staffing Firm for $160 Milllion

AMN Healthcare Services Inc. announced that it will acquire global health care staffing firm Lenexa, Kan.-based B.E. Smith for $160 million in cash.

Sabra Matovsky Tapped to Lead New Primary Care Network

The Council of Community Clinics announced the formation of a new primary care network called Integrated Health Partners, and the appointment of senior health care executive Sabra Matovsky to lead the new venture.

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Carlsbad Putting Lagoon Project on Feb. Election Ballot

The Carlsbad City Council has voted to place a controversial retail and open-space development planned near the Agua Hedionda Lagoon on the ballot for a special election scheduled for Feb. 23, 2016.

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Nobel Laureate Elizabeth Blackburn Named Salk Institute President

The Salk Institute for Biological Studies has named Nobel Prize-winning scientist Elizabeth Blackburn as president.

South Korea Authorities Investigating Qualcomm Inc.

Qualcomm Inc. said that South Korean authorities are investigating the company.

Via-Sat, Jet Aviation to Collaborate

ViaSat Inc. and Jet Aviation St. Louis announced plans to collaborate on a hybrid radome that will accommodate both Ku-band and Ka-band satellite communications.

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Port Commissioners Choose Brigantine Plan to Redevelop Anthony’s Site

San Diego port commissioners have approved a staff recommendation favoring Brigantine Inc.’s proposal to redevelop the current downtown waterfront site of the iconic Anthony’s Fish Grotto.

Novatel Wireless Raises Revolving Line of Credit to $48 Million

Novatel Wireless Inc. said Nov. 17 that its bank raised the amount of its revolving line of credit to $48 million.

U.S. Supreme Court Decision Upholds KFx Medical Corp. Patent Infringement Award

The U.S. Supreme Court on Monday denied a petition by Arthrex, a Florida-based orthopedic medical device company, to review a case where damages for patent infringement were awarded to San Diego-based KFx Medical Corp.

ID Analytics Names Eric Lindeen VP of Marketing

ID Analytics, a consumer risk management firm, announced the appointment of Eric Lindeen as the vice president of marketing, reporting directly to the CEO Scott Carter.

Business Confidence Lowest Since 2013, Chamber Survey Finds

The San Diego Regional Chamber of Commerce’s measure of business confidence fell to its lowest point since the survey began in 2013, following three months of year-long lows as businesses reported low expectations for future revenue growth.

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General Atomics, Biotech Firms Sign New Leases

Property owners and brokers recently announced significant lease deals in Poway and Carlsbad, including General Atomics Aeronautical Systems Inc.’s move to take 112,000 square feet in a Poway transaction valued at $4.2 million.

Viking Therapeutics Files IND Application

Viking Therapeutics, a biopharmaceutical firm, announced Tuesday that it has filed an Investigational New Drug (IND) application with the U.S. Food and Drug Administration for a product candidate meant to treat high cholesterol and fatty liver disease.

Luxury InterContinental Hotel Planned for Former Lane Field Site

A 400-room luxury InterContinental Hotel is planned for the southeast portion of the former Lane Field ballpark site in downtown San Diego, where construction is well underway to the north on a dual-branded Marriott hotel.

Illumina Inc. to Get Spot on Standard & Poor's 500 Stock Index

Illumina Inc. will get a place on the Standard & Poor’s 500 stock index after the close of trading on Wednesday, Nov. 18.

Miramar Federal Credit Union Granted SBA Lender Status

The Small Business Administration has granted Miramar Federal Credit Union SBA lender status, the credit union said Monday, allowing it to participate in SBA-backed loans.

MaxLinear Shares Trading at Best Level in Five Years

Shares in Carlsbad chipmaker MaxLinear Inc. were trading in early November at levels not seen in more than five years.

Ambrx Names Chief Medical Officer

La Jolla-based Ambrx announced the appointment of Dr. Yong-Jiang Hei as chief medical officer, reporting directly to CEO Tiecheng "Alex" Qiao.