October 23, 2014
Stories this photo appears in:
Four years ago this month, Ron Fowler led the group that purchased the San Diego Padres and pledged to create an organization and team the community could be proud of. To their credit, they continue to improve Petco Park and the fan experience, and they have delivered superstar concerts and a great All-Star weekend.
While the term “PR disaster” often is applied to scandals or crisis situations, the most interesting public relations cases are the slowest-moving ones. Sometimes, they play out like the cruise ship heading for the iceberg — there seems like plenty of time to make course corrections, and sometimes a desperate move avoids disaster, but sometimes the obstacles below the surface are too vast to avoid or the captain isn’t up to the challenge of avoiding a collision. But enough about the Chargers.
The ongoing contract impasse between Tri-City Medical Center and the SEIU-United Healthcare Workers West could lead to a first for San Diego County: A ballot initiative on executive pay.
Observations from a recent panel discussion at Bosa Development’s Rethink Downtown exhibit: The topic was rethinking the way we work. Serena Bazzi, art director at tech company Zeeto, talked about how the company’s open office floor plan and numerous perks are designed to create a family feel. You name the perk, and Zeeto probably has it, from free meals to happy hours and even massages and haircuts in the office.
Talk about a recipe for success: fast casual in a high-traffic, trendy spot with a menu that fills a void in the in the guilty pleasure/comfort food category.That would be The Crack Shack, a walk-up fried chicken and eggs restaurant opening next week in Little Italy. Mike Rosen and chef/partner Richard Blais are opening the restaurant at Juniper Street and Kettner Boulevard. There is no shortage of people willing to indulge in a well-prepared, freshly cooked piece of fried chicken;the Crack Shack will be a huge hit.
Charitable donations have remained at about 2 percent of the U.S. GDP for decades. This presents the nonprofit sector with a classic dilemma — attempts to do something differently to grow overall giving come with a risk of losing share of market.
You don’t find bargains like this every day. A contemporary mansion perched atop Paint Mountain in Escondido recently shattered the city’s record sale price when it sold for $5.5 million. The previous high sale price in Escondido was $2.8 million. But the Paint Mountain home had been listed for as much as $12.5 million.
One of San Diego’s brightest life science stars has gone into stealth mode. Tina Nova has left her senior executive position with Illumina to become President and CEO of a new company in San Diego. She won’t divulge its name, only that it is focused on molecular diagnosis of organ-specific diseases in blood.
Keldon Warwick Premuda and Josh Hembree have opened a craft brewery in Mira Mesa, but they are not making beer.
Many football fans remember the late WFL (1974-75), USFL (1983-85) and XFL (2001). RIP, the San Diego Riptide, which played in the AF2 from 2002 to 2005, and the San Diego Shockwave of the NIFL (2007).
How much of a foodie town has San Diego become? So much so that San Diego Bay Wine & Food Festival co-founders Michelle Metter and Ken Loyst are adding a “business of wine” conference for industry professionals.
Though their technology is driven by logic, Ed Cox and Dave Keene have a sales pitch that is pure emotion.
If you aren’t convinced of the notion that businesses need to be agile and move quickly to adapt to a more segmented and specialized world, look no further than the fate of the iconic law firm Luce, Forward, Hamilton & Scripps.
Suja Life’s new partnership with the Coca-Cola Co. is intriguing on many fronts (See Page 8).
The Corporate Directors Forum continues its healthy trend with the upcoming 2015 Director of the Year awards.
This issue contains several stories about workplaces of the future, including how smaller companies have increasing access to contemporary office settings. In fact, individuals can be part of the trend, too.
Qualcomm Choices Speak Volumes About Priorities
An observation from Qualcomm Inc.’s second-quarter earnings report (though almost no one focused on their actual reported net earnings, which were $1.2 billion): Qualcomm is going to spend about $10 billion buying back stock in the next year.
Beth Keser of San Diego is one of 12 finalists in “The Next MacGyver” competition in Beverly Hills. The contest was created to introduce a new iconic TV series starring a female engineer and developed in conjunction with MacGyver creator Lee Zlotoff and The MacGyver Foundation.
The tally is now 20. That’s how many of the largest companies in San Diego County in the past 11 years have been sold, relocated, went private or liquidated. Now another prominent, young biotech bids adieu.
If you think Mayor Kevin Faulconer has a challenging task to get a deal done to build a multi-use stadium in San Diego, check out what Rancho Santa Fe’s Floyd Kephart faces in trying to get a stadium built for the Raiders in Oakland.
Who in San Diego benefits if the Chargers bolt for Los Angeles?
Physics Girl is going to be in the spotlight at the U.S. News & World Report STEM Solutions National Leadership Conference at the San Diego Convention Center on June 29-July 1.
The bipartisan logic trotted out in 2010 in favor of Proposition 14 — which created open primaries — was that it would result in more moderate candidates being elected to the state Legislature.
Has any industry been more quickly and thoroughly disrupted in the digital evolution than photography? (My somewhat rhetorical question was quickly answered in our newsroom with “Journalism;” I should have known better.)
The state Assembly recently passed Lorena Gonzalez’s bill to protect grocery workers from being fired because of changes in ownership. Assembly Bill 359 protects grocery workers in stores of at least 15,000 square feet from being fired during a 90-day ownership transition. It also provides less onerous stipulations for longer term employment.
The indirect costs of water and the drought will become clearer to San Diego County businesses.
Tara Brown of Pacific Beach is an ophthalmologist, wife and mother of two young children, which makes her mornings quite busy.
Lisa Richards and Kathy Koenig, who competed for decades as two of the largest local catering businesses in San Diego, are joining forces. Or shifting forces. Simply put, they are now working together.
An observation from the San Diego Regional Chamber of Commerce’s annual Congressional Luncheon at the Marriott Marquis San Diego Marina.
Dr. Lynn Reaser and the Fermanian Business & Economic Institute at Point Loma Nazarene University this week will release their landmark study on the impact of local regulations on the cost of housing. This is noteworthy for two reasons.
We have been hearing about California’s drought for years.
That large photo to the left captured a special moment at our CFO of the Year Awards. It’s also a great example of why the CFO event is one of our favorites.
Millennial perspectives (MP), knee-jerk boomer reactions (KJBR) and contemplations from the 6 Degrees networking event “Millennials in 2015: How they’ll lead San Diego”:
San Diego State University sports business professor Jim Lackritz on Page 47 floats an interesting approach to selling private seat licenses (PSLs) to help fund a new football stadium.
Our package on Wealthiest San Diegans, which begins on Page 10, does not include part-time residents who own estates in and spend considerable time in La Jolla, Del Mar, Rancho Santa Fe and other areas.
February was the third consecutive month in which corporations nationally laid off more workers than the year before. The most impacted sector is energy.
Respected newspaper analyst Ken Doctor has identified three “final” bidders for the U-T San Diego.
Among the frustrations expressed by the San Diego Chargers in the football team’s bid for a new multi-use stadium is that they have been going at this without results for 14 years.
IDW Publishing is relocating from Pacific Beach to the NTC Arts & Culture District in historic Liberty Station. IDW publishes comic books and graphic novels, but it’s no little Comic Center of Pasadena.
Cal State San Marcos is celebrating its 25-year anniversary, which is like a nanosecond in many higher education circles.
Longtime local TV news producer J.W. August managed to stay retired for about a month.
It appears 2014 was a great year for San Diego tourism, with an increase in visitors of about 2 percent to almost 34 million and an increase in visitor spending of almost 10 percent.
For those who patiently hold out hope for a new multi-use stadium that could host 30-plus events a year, look no farther than Solana Beach.
Grace Decker has put the word out: The Boardroom San Diego is closing down. The final session is Jan. 27.
The Consumer Electronics Show, which just wrapped up in Las Vegas, has evolved into the coolest of all trade shows. Among the more than two dozen San Diego-area companies showcasing products were Qualcomm (many things), iWallet (secure and connected wallet) and Independa (cloud-based remote connectivity to help care for seniors).
The New Year arrives but three rumors refuse to be left behind. Qualcomm is planning its exit strategy:
San Diego is a fascinating market to watch the impact of millennials play out.
The great Yogi Berra once lamented, “It’s tough to make predictions, especially about the future.”
That big hole in the ground in downtown is about to start filling up.
The startup/incubator note of the week focuses on Procopio, Cory, Hargreaves & Savitch LLP. That’s right, a law firm.
“Women Who Mean Business” is one of SDBJ’s biggest and most impactful events of the year, and we do A LOT of events.
National University System Institute for Policy Research projects that San Diego County’s GDP will increase by 4.3 percent in 2014 to an all-time high of $206.4 billion.
The most interesting contest in this election, on several levels, is the Tri-City Healthcare District Board of Directors.
Erica Ollmann Saphire of The Scripps Research Institute is the director of the global Viral Hemorrhagic Fever Immunotherapeutic Consortium. The VIC united the research world to provide antibody therapeutics against viruses such as Ebola, which makes Saphire a pretty big deal.
Carlos Nunez, chief medical officer of San Diego-based CareFusion, the medical device manufacturer being sold in a $12.2 billion deal, said on Manufacturing Day that all of their U.S. manufacturing facilities pale in comparison to its facilities right across the border, in Tijuana and Mexicali.