San Diego Business Journal


Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
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Making Its Way

Company Avoids VC Funding Route, While Raising $20 Million in Capital

Earlier in his career, Leading BioSciences Inc. CEO Greg Doyle started and sold four businesses, raising more than $60 million in seed and Series A and B funds for his startups.

ROIC Posts Revenue Increase in Third Quarter

San Diego-based Retail Opportunity Investments Corp. posted an 18.5 percent increase in total third-quarter revenue from a year ago, reaching $59.4 million for the period ending Sept. 30.

Test Of Strengths - How Do S.D.’s Startup Ingredients Stand Up Against the Competition?

Much is made of how San Diego measures up to the nation’s top startup communities of San Francisco, Silicon Valley and New York City.

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Good Works Are Always on the Schedule for EY’s Connect Day

EY’s annual EY Connect Day is Sept. 30 each year, per a proclamation by San Diego Mayor Kevin Faulconer.

County Unemployment Rate Down to 4.7 Percent for September

San Diego County’s unemployment rate improved again in September, dipping to a seasonally unadjusted 4.7 percent from 5 in August, amid overall improvement in services and government employment.

In 12-Month Period California Adds 30,900 Construction Jobs

California led the way for U.S. states in adding construction jobs in the 12 months that ended in September, according to analysis of Labor Department data released by the Associated General Contractors of America.

Seacoast Commerce Assets Increase to $578.9 Million

Third-quarter income at Seacoast Commerce Banc Holdings was just shy of $1.5 million in the third quarter, virtually unchanged compared to the same quarter of 2015, Seacoast Commerce Bank’s parent company said Thursday.

Minimum-Wage Hike Remains Concern in Monthly S.D. Chamber Survey

Despite looming minimum-wage increases, relatively few San Diego County businesses see a benefit in cutting their employees’ work weeks to 30 hours, according to a recent survey.

Software Leads Pack In Q3 VC Investment

INVESTMENT: $197.9M Makes for Fairly Strong Q3

The total invested in San Diego companies by venture capitalists in the third quarter was the highest year-to-date total since 2012.

S.D. Venture Group Sets Deadline for Pitchfest Applications

Southern California startups have until 5 p.m. Friday to apply for San Diego Venture Group’s PitchFest.

Stone Brewing Co. Laying Off 5% of Workforce

Stone Brewing Co. announced Oct. 13 that it is cutting approximately 5 percent of its workforce – laying off about 60 of its 1,200 employees – as it adjusts to rising competitive pressures in the beer industry.

Biotech Stocks Shake Off Doom and Gloom for a Solid Gain

INVESTMENT: The Nasdaq Biotech Index Is Up 10% in Q3

The third quarter proved less grim for the life science industry, with investors finally showing some confidence in drugmakers and other public firms in the space.

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Demonstration Derby for Startups

Microscope Takes Top Honors as Products And Presentations Clash at Quick Pitch

San Diego startups making better microscopes, wearables to reduce hospital-acquired infections and medical devices to ease post-partum healing were the audience favorites at the San Diego Tech Coast Angels’ 10th annual startup competition.

Measure M Offered as Part of Solution to City’s Housing Problem

ECONOMY: Lack Of Affordable Housing Brings Host of Problems

Homelessness often tracks with housing affordability in major U.S. metro markets, and experts at a recent commercial real estate forum said San Diego has a growing problem on both fronts.