San Diego Business Journal


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Local Design Firms Traina, Lift Announce Merger Deal

Traina Design, a brand design firm, has merged its San Diego operations with creative services firm San Diego-based Lift, a design firm with special emphasis in the technology and retail industries.

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Loews Names Clancy as Managing Director of Coronado Resort

New York-based Loews Hotels & Resorts has appointed Sean Clancy as managing director of Loews Coronado Bay Resort, heading all operations at the 439-room property.

Petco Announces New President, Leadership Changes

Petco announced several leadership changes, including the addition of chairman responsibilities to CEO Jim Myer’s role. The company also named Brad Weston as president.

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Port Staff Recommends 2 Finalists for Anthony’s Fish Grotto Site

Unified Port of San Diego staff have recommended that the port district enter into negotiations with two locally based finalists – Brigantine Inc. and Sunroad Enterprises -- to potentially replace Anthony’s Fish Grotto when its downtown restaurant lease expires.

Renovate America Completes $159.8 Million Securitization

Renovate America, a provider of Residential Property Assessed Clean Energy financing, said Thursday it finished the fourth securitization of PACE (Property-Assessed Clean Energy) bonds by issuing $159.8 million in notes.

Fentin’s Family Law Credentials Served Her Well in Leadership Role

Hildy L. Fentin has successfully completed her year as president of the Southern California Chapter of the American Academy of Matrimonial Lawyers. Fentin, a principal of Hildy L. Fentin Attorney at Law, is one of four San Diego attorneys on the board.

UCSD Startup Accelerator Awarded $50,000 SBA Grant

A University of California, San Diego startup accelerator for women students received a national award Tuesday from the U.S. Small Business Administration’s Growth Accelerator Fund competition, the second time the organization has earned a $50,000 grant from the SBA.

Sempra Energy, SDG&E Report Q2 Results

Sempra Energy reported second-quarter 2015 earnings of $295 million, or $1.17 per diluted share, compared with $269 million, or $1.08 per diluted share, in the second quarter 2014.

Sempra Subsidiary IEnova to Acquire PEMEX’s Equity Interest in Joint Venture

Sempra Energy’s Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V., and Petróleos Mexicanos (PEMEX) recently announced that IEnova has agreed to purchase PEMEX's 50-percent equity interest in the Gasoductos de Chihuahua joint venture for $1.325 billion, plus the assumption of approximately $170 million in net debt.

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Injecting Capital

MEDICINE: Health Care Systems Are Creating VC Arms Often to Invest in Promising Innovations for Providing Care

Hospital systems dealing with high-tech glitches and chaotic workflow brought on by health care reform are launching venture capital funds to fuel the solutions they need.

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Marla Black to Lead Junior Achievement of San Diego County

Veteran banker Marla Black has been named president and chief executive officer of Junior Achievement of San Diego County.

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Brain Injury Diagnosis Crucial to Treatments

MEDICINE: Co. Exploring Biomarkers to Detect Damage

Banyan Biomarkers gained yardage recently in its bid to help the National Football League and other sports organizations diagnose traumatic brain injuries.

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Watkins Landmark Tapped to Build Hotel at El Paseo

Carlsbad-based Watkins Landmark Construction has been awarded the contract to build a new Marriott Autograph Collection luxury hotel in Palm Desert’s upscale El Paseo shopping district.

UCSD, La Jolla Institute for Allergy and Immunology Sign Agreement

The La Jolla Institute for Allergy and Immunology announced Monday an official affiliation agreement with the University of California, San Diego Health System.

VetStem and Animal Hospital Announce Partnership

Poway-based VetStem Biopharma, a veterinary regenerative medicine company, and VCA Emergency Animal Hospital & Referral Center recently announced an educational and clinical partnership in support of local area vets.