The Latest Business News
Hot! Transit District Resumes Sprinter Train Service
North County’s regional Sprinter light-rail train service has resumed after a suspension of more than two months, after officials addressed maintenance issues affecting braking systems.
SDBJ.com | 2.5 days ago
Hot! General Dynamics Nassco Delivers USNS Montford Point to U.S. Navy
General Dynamics Nassco, the San Diego-based shipbuilder, said it delivered the USNS Montford Point, the first in a new class of ship called a Mobile Landing Platform to the U.S. Navy.
SDBJ.com | 13.3 hours ago
Hot! San Diego-Based Effector Therapeutics Raises $45M in Series A Financing
Effector Therapeutics, a San Diego-based biopharmaceutical company, announced that the company has raised $45 million in a Series A financing round.
SDBJ.com | 2.5 days ago
General Dynamics Nassco Delivers USNS Montford Point to U.S. Navy
General Dynamics Nassco, the San Diego-based shipbuilder, said it delivered the USNS Montford Point, the first in a new class of ship called a Mobile Landing Platform to the U.S. Navy.
SDBJ.com | 13.3 hours ago
Marriott at UTC Completes $17M Renovation
The San Diego Marriott La Jolla in University Towne Center has completed a $17 million renovation, including a redesign of it its lobby and guest rooms.
SDBJ.com | 13.3 hours ago
Northrop’s Unmanned Navy Drone Triton Makes Maiden Flight
Triton, the U.S. Navy variant of Northrop Grumman’s high-altitude unmanned spy aircraft, made a 90-minute maiden flight May 22 in Palmdale.
SDBJ.com | 13.3 hours ago
LifeProof Acquired by OtterBox for Undisclosed Price
Colorado-based OtterBox announced it has acquired San Diego-based LifeProof. Financial terms of the deal were not disclosed.
SDBJ.com | 13.3 hours ago
BAE Systems Awarded Contract for Advanced Data Management System
The National Geospatial-Intelligence Agency awarded BAE Systems the iSToRE XP contract to provide advanced data management capabilities in support of National System for Geospatial-Intelligence sites and users.
SDBJ.com | 14.3 hours ago
Robert Horsman to Join Torrey Pines Bank as Market Executive
Robert Horsman, the former CEO and president of San Diego National Bank, was hired by Torrey Pines Bank as market executive for the San Diego region.
SDBJ.com | 1.5 days ago
Council Approves San Diego River Park Master Plan
San Diego City Council has approved a master plan intended to guide future development along a 17.5-mile stretch of the San Diego River. Long-term plans call for a river-long park, stretching from the San Diego River headwaters in Julian, to the Pacific Ocean at Ocean Beach.
SDBJ.com | 1.5 days ago
Sorrento Therapeutics’ NIH Grant for Staph Infection Research Renewed
Sorrento Therapeutics Inc. announced today that its research grant from the National Institute of Allergy and Infectious Diseases, a division of the National Institutes of Health, supporting the development of novel human antibody therapeutics to combat Staphylococcus aureus or Staph infections, inc...
SDBJ.com | 1.5 days ago
MOGL Adds Hawaiian Airlines to Roster of Its Loyalty Platform
San Diego-based MOGL has added Hawaiian Airlines to its roster of companies participating in its tech-enabled loyalty platform that issues cash rewards to customers at restaurants.
SDBJ.com | 1.5 days ago
Encore Capital Group Closes on $100M Credit Facility
Encore Capital Group Inc., the San Diego collector of defaulted credit card and other types of debt, said it closed on a $100 million credit facility with Wells Fargo Bank to purchase tax lien certificates from cities in several states.
SDBJ.com | 1.5 days ago
Dell Chooses ScaleMatrix to Be One of Its Three Strategic Partners in Cloud Computing
Dell has selected San Diego-based ScaleMatrix Inc. as one of three strategic partners to provide public cloud computing services in North America.
SDBJ.com | 1.5 days ago
Transit District Resumes Sprinter Train Service
North County’s regional Sprinter light-rail train service has resumed after a suspension of more than two months, after officials addressed maintenance issues affecting braking systems.
SDBJ.com | 2.5 days ago
Local Firm Acquires Arizona Apartments for $16.4M
San Diego-based investment firm Pathfinder Partners LLC has purchased a 144-unit apartment community in Tempe, Ariz., for $16.4 million.
SDBJ.com | 2.5 days ago
Maxwell Technologies Receives Another Notice of Noncompliance from Nasdaq Exchange
Maxwell Technologies, the San Diego maker energy storage devices used in hybrid buses and other applications, said it received another notice from the Nasdaq exchange that the company is not in compliance with listing requirements due to its not filing timely financial reports.
SDBJ.com | 2.5 days ago
San Diego-Based Effector Therapeutics Raises $45M in Series A Financing
Effector Therapeutics, a San Diego-based biopharmaceutical company, announced that the company has raised $45 million in a Series A financing round.
SDBJ.com | 2.5 days ago
Websense Inc. to Be Acquired By Vista Equity Partners for $1B
San Diego Web filtering software maker Websense Inc. signed a definitive agreement to be acquired by Vista Equity Partners, a national private equity firm based in San Francisco, for $25.75 per share in cash or an aggregate price of about $1 billion, the companies said.
SDBJ.com | 2.5 days ago
How to Financially & Emotionally Deal With Aging Family Members
Jen Robinson, co-founder Mission Home Care, offers tips on what to do when your aging parent's health is starting to fail.
SanDiego6.com | 2.9 days ago
Company Makes Its Texas Move Complete
Fallbrook Technologies, the San Diego-based maker of gearless transmissions, is closing down its headquarters office and relocating to Texas.
SDBJ.com | 2.9 days ago
Looking Beyond the Books
Sifting through mountains of financial records to figure out the net worth of a person may not sound glamorous, but it’s the stuff that gets forensic accountants excited.
SDBJ.com | 2.9 days ago
In-Flight Broadband Proposed By Qualcomm
The federal government is taking up a 2-year-old proposal from Qualcomm Inc. to extend broadband Internet service to air travelers, using cell towers.
SDBJ.com | 2.9 days ago
BofI Federal Bank Launches Health Care Finance Unit
BofI Holding Inc., parent of BofI Federal Bank, continues getting larger as it expands its repertoire of loan offerings.
SDBJ.com | 2.9 days ago
Real Estate Sales in Luxury Areas ‘White Hot’
San Diego’s median home prices continued climbing last month with the increases in the luxury category, above $1 million, rising faster than the rest of the market, say housing industry sources.
SDBJ.com | 2.9 days ago
This ‘Fashionable Cause’ Can Help Change People’s Lives
Pettit Kohn Ingrassia & Lutz, the San Diego Paralegal Association, and the Filipino American Lawyers of San Diego are working together again this year on the Women and Men’s Suit Drive.
SDBJ.com | 2.9 days ago
Sprouts Files for IPO After 2011 Acquisition By Apollo Global
Sprouts Farmers Market LLC, the natural foods retailer whose origins go back to a fruit stand on El Cajon Boulevard in 1943, filed to go public earlier this month and raise about $300 million.
SDBJ.com | 2.9 days ago
The Line Between Business and Personal Devices Is Blurring
When Cadence Pharmaceuticals Inc. saw that it was time to retire the laptop computers that its sales force carried, it set foot in the growing world of BYOD.
SDBJ.com | 2.9 days ago
Executive Profile: Matthew Garrett
CEO Matt Garrett founded TGG Accounting to improve the national small business success rate. Through a set of best practices — known as The TGG Way — his firm provides business owners and their management teams with high quality, timely and accurate financial statements that help them keep their...
SDBJ.com | 2.9 days ago
Defense Sector to See Mergers, Acquisitions
With the U.S. government tightening its grip on its purse strings and defense spending in decline, there are likely to be mergers and acquisitions ahead for military contractors.
SDBJ.com | 2.9 days ago
Lumena Secures $23M to Advance Trials for Liver Disease Drug
Lumena Pharmaceuticals Inc., a San Diego-based manufacturer of liver disease drugs, recently secured $23 million in Series A financing.
SDBJ.com | 2.9 days ago
Key Ingredients
The rapid growth of San Diego’s Suja Juice Inc. is testament to the trendiness of juicing — tapping raw vegetables and fruits for belly-flushing cleanses.
SDBJ.com | 2.9 days ago
Accounting and Finance Jobs in Demand as Economy Rebounds
Always in fairly high demand, workers with accounting and finance experience are finding increased job opportunities as companies gradually expand operations, and competition for top talent ratchets up.
SDBJ.com | 2.9 days ago
New Implanted Device Is Transforming the Treatment of Scoliosis
Implanted, growing magnetic rods — they sound like something out of a sci-fi movie.
SDBJ.com | 2.9 days ago
Mercedes-Benz Dealership to Open in Temecula
Temecula is getting a Mercedes-Benz dealership of its own.
SDBJ.com | 2.9 days ago
Spy Inc. Reports Net Loss of $721,000 for Q1
Carlsbad-based Spy Inc., which produces sunglasses and goggles for youthful consumers and action sports enthusiasts, reported a net loss of $721,000 on net sales of $9 million during the first quarter of 2013.
SDBJ.com | 2.9 days ago
Developers Debut Plans for ‘Makers Quarter’ in East Village
Developers have unveiled plans for an urban mixed-use neighborhood within East Village, called Makers Quarter, which would be part of a larger planned “I.D.E.A District” geared to attracting design and technology-related companies and workers.
SDBJ.com | 2.9 days ago
San Diego Unemployment Rate Decreased to 7 Percent in April
San Diego’s unemployment rate decreased to 7 percent in April, down from 7.7 percent in March, and below the 8.6 percent it was in April 2012, according to the latest report from the state’s Employment Development Department.
SDBJ.com | 2.9 days ago
Overland Storage Reports Revenue of $11.6M for Q3
Overland Storage, a San Diego provider of data management and backup systems, reported fiscal 2013 third quarter revenue of $11.6 million, compared with revenue of $15.2 million for the like quarter of 2012.
SDBJ.com | 2.9 days ago
San Diego Unemployment Drops To 7 Percent
The unemployment rate in San Diego County in April was 7 percent, down from a revised 7.7 percent in March and below the estimate of 8.6 percent in April 2012, the state Employment Development Department reported today.
KPBS.org - Podcast | 2.9 days ago
Escondido business-area reopens after gas leak
A gas leak forced a several-hour closure of a business-area thoroughfare in eastern Escondido Monday.
CBS8.com | 3 days ago
Interactive: Compare U.S. zoo prices
From Seattle to Boston, San Diego to Miami, which zoos cost the most, have the most animals, cover the most acres, etc.
SignOnSanDiego.com | 3.6 days ago
"Great Strides" event raises money for cystic fibrosisMore than a thousand people started their day at De Anza Cove, in an effort to save the lives of those living with cystic fibrosis, a genetic disorder that mainly affects the lungs.
CBS8.com | 4 days ago