Stories for June 2006

Friday, June 30

New Deal for Palomar Pomerado Nurses

Some 2,200 health care workers at Palomar Pomerado Health, the state's largest hospital district, have salary increases and other perks thanks to a new nurses' union contract.

Tenet Settlement Announced

Tenet Healthcare Corp. has reached a settlement with the U.S. Department of Justice and federal agencies that will cease investigations into allegations that Tenet illegally overbilled Medicare.

Thursday, June 29

New Tempo for Airport Baggage Check

San Diego International Airport has installed an advanced explosives detection system in the baggage screening area at Terminal 2 that will more than double the pace of screening bags.

Lender Completes Record Securitization

Accredited Home Lenders Holding Co. said it closed a $1.4 billion securitization of loans June 29.

Pentax Licenses Patriot Technology

Patriot Scientific Corp., a Carlsbad public firm that holds patents for microprocessors, said June 29 it signed Japanese camera manufacturer Pentax Corp. as a licensee of its technologies.

Cataldo Is Bar's Attorney of the Year

Mary Cataldo has been named Attorney of the Year for 2006 by the North County Bar Association.

Ryan Cos. Takes the LEED

Ryan Cos. US Inc. and the city of Carlsbad on June 29 announced their collaboration to bring the city's first certified green , or LEED , building to the Towers at Bressi Ranch.

AMCC Under Scrutiny

Sunnyvale-based Applied Micro Circuits Corp. said it was not expected to complete an internal audit regarding stock option granting processes and related accounting practices by June 29.

Hospital Receives Gift, New Name

Children's Hospital has received $60 million from Ernest Rady and is renaming the hospital after him.

Wednesday, June 28

Pauma Casino/Hotel Plans Revived

The Pauma Band of Mission Indians announced new plans to expand its casino and build a 500-room resort hotel in North County's Pauma Valley.

Nitches on Buying Spree

Nitches Inc., a San Diego-based maker of women's clothing with about $40 million in annual sales, said June 28 it agreed to purchase the Home D & #233;cor business of Taresha LLC.

Lawyer Among '100 Most Influential'

Pamela A. Bresnahan, recently named an adjunct professor at the University of San Diego School of Law, has been named among the 100 most influential lawyers in America by the National Law Journal.

Tuesday, June 27

Area Rich in High-Paying High-Tech Jobs

San Diego's high-tech industry employed nearly 100,000 people, or about 10 percent of San Diego's total private-sector employment, according to a new survey.

Eating Contest Takes Raw Courage

Calling all sushi lovers, or those who would like to view one of those weird eating contests. Ichiban Hillcrest is hosting its fifth annual sushi-eating contest.

Racetrack Gaming Bill Sidelined

A bill to allow a form of casino-style gambling at the state's horse racing tracks was derailed when a hearing set for June 26 was blocked.

Monday, June 26

Week in Review

Top Business News: June 16 - 22, 2006

Scantron to Test Education Market at Conference

Scantron Corp., a company popularly associated with the No. 2 pencil, will demonstrate two of its Web-based products at the National Educational Computing Conference from July 5 to 7 in San Diego.

Albertsons Moves Out; Latino Market Moves In

A new Latino grocer is opening in Southcrest this week, taking advantage of what some analysts are calling an Albertsons-inspired land grab. Northgate Gonzalez Market will hold grand opening festivities June 29.

Small Business Spotlight:

Au-Co Mai, president of

Locally Produced Science Show Sweeps at Emmy Awards

A UC San Diego TV program about nanoscience received five Emmy Awards this month.

The Girls Crave Bit of Pampering, Some Shopping, Says Entrepreneur

Crave parties feature mobile spa services and shopping conveniently set up like a party, where guests can wear pajamas or yoga clothes to feel relaxed and pampered.

Schubach Trades Up to More Space

A company that regularly carries clients thousands of miles is moving itself, though the distance is not far.

Civic Leader Says Few Options Exist for Lindbergh Replacement

Members of the group ASAP 21 say few options exist for replacing Lindbergh Field.

Baja's New Oceanfront Homes Are Going at Bargain Rates Compared to San Diego

Buying a basic home in San Diego is tough enough, so what hope is there for those who fantasize about a little vacation hideaway? Our mailbag has turned up a couple of possibilities.

In Jamul Plan, Hotel Would Follow Casino

The Jamul Indian Village plans to build its casino/resort in phases, putting up the casino first and a hotel three years later.

San Diego Developer Leaving Mark in Heart of San Francisco

San Diego-based Urban West Associates will put its mark on the San Francisco skyline with its One Rincon Hill high-rise project.

Executive Profile: Tom Dorosewicz

Whitestone TEC, Inc. founder Tom Dorosewicz has achieved what most executives strive for , an enviable balance between work, home and community.

Students' Default on Repaying Loans Is Not Defaulting

Thanks to a generally improved economy in the past decade, the number of student loan borrowers who default on repayment has been dropping.

For the Record

Business Events Calendar: June 27 - July 3

Procopio Procures Prestigious Honor Once Again

Procopio, Cory, Hargreaves & Savitch LLP has been named the top San Diego trademark law firm for the second year in a row by Trademark Insider.

New Tourism CEO Knows How To Make a Lot Out of a Little

David Peckinpaugh brings many talents to his new job running the San Diego Convention & Visitors Bureau , including the ability to squeeze a marketing budget.

St. Bernard May Be Public By Late July

St. Bernard Software Inc., a San Diego-based Internet security software firm that announced a merger with Sand Hill IT Security Acquisition Corp. in October, is close to consummating the transaction.

Construction Journal

Contract Awards and Construction Milestones

San Diego People

Key Hires and Promotions; Executive Spotlight: Trindl Reeves

Progress Report

Sales and Leases

Carlsbad Firm to Build on Its Opportunities in South China

GMS Realty signs a deal to construct and manage shopping centers in Shenzhen.

Technology Services Firm Takes Entrepreneurial Lists By Storm

With its penchant for phenomenal growth, San Diego-based SkillStorm, Inc. is making national headlines.

Use, or Misuse of Words, Leading To a Rhetoric Gap

Use, or Misuse of Words, Leading To a Rhetoric Gap

Governor to Casinos: Keep the Slots Under 2,000, or I'll Be Back

Gov. Arnold Schwarzenegger's office issued a warning this month to six California casinos, including two in San Diego County, saying they need to adhere to the 2,000-slot-machine limit they negotiated with the state.

Interstate Highways: A System in Crisis Five Decades Later

Interstate Highways: A System in Crisis Five Decades Later

Even the Contents of Windex Considered Hazardous, Says 3E CEO

Handling hazardous materials and managing regulatory compliance are necessary evils in the workplace. Carlsbad-based 3E Co. is one of the few firms that gladly manages the tasks.

Nestl & #233; Agrees to Buy Jenny Craig for $600M

Swiss-based Nestl & #233; S.A. is paying $600 million for Jenny Craig, Inc., a weight loss business that boasts 641 centers and about 4,000 employees, including 250 at its Carlsbad headquarters.

Proxy , ViaSat, Inc.

ViaSat, Inc.

Leap Wireless Refinances Debt With Cash Out to Fund Expansion

Leap Wireless International, Inc., a flat-rate wireless service carrier, is in the middle of a big expansion, and needs cash. Lots of it.

Seller Should Be Prepared When Buyers Come Calling

Question: How do I prepare my company for sale?

Anadys Suspends Trial; Stock Falls

Stock in Anadys Pharmaceuticals, Inc. dived nearly 50 percent after the company halted a human clinical trial for its hepatitis C drug.

U.K. Superstore Drawn to S.D. Region

Multi-billion-dollar British retailer Tesco is looking to make its U.S. debut in San Diego.

W Hotel's Sale to San Clemente Investors to Close By Month-End

An agreement to acquire the W Hotel San Diego is expected to close by June 30, according to a source close to the deal. The buyer was said to be San Clemente-based Sunstone Hotel Investors.

Increasing Interest

Lenders that specialize in making student loans have been pulling what amounts to an industrywide all-nighter, helping borrowers lock in lower interest rates before an impending July 1 deadline when interest rates on all loans will increase.

Friday, June 23

Racetracks Eye Gambling Machine

In the hope of altering the negative impact of racinos on California's horseracing industry, a San Francisco assemblyman has introduced a bill that would allow terminals at the state's tracks to be used to wager on past races.

Journal Nabs 19 Professional Awards


Nokia To 'Ramp Down' CDMA Work

Nokia has announced a "broad restructuring" of its business specializing in Code Division Multiple Access, or CDMA, technology. The move is bound to affect Nokia's San Diego office.

Journal Fills Newsroom Positions

The editorial department of the

Thursday, June 22

July Flights Take a Departure

Southwest Airlines, the nation's only profit-making airline, plans to test assigned seating starting with about 200 selected flights departing from Lindbergh Field.

Pfizer Breaks Off Neurocrine Deal

Pfizer Inc. has cut its ties with Neurocrine Biosciences, Inc., leaving the bruised drug company to battle the Food and Drug Administration over the sleeping pill Indiplon by itself.

CommNexus Exec Takes Job at Startup

Julia Wilson has left her job as chief executive of CommNexus San Diego, a local trade organization for the high-tech communications industry.

Allard Appointed To Bench

Edward P. Allard III has been appointed by Gov. Arnold Schwarzenegger to the San Diego Superior Court.

Jessie Knight Headed to Sempra

Sempra Energy, San Diego's largest publicly traded company, has hired Jessie J. Knight Jr. away from the San Diego Regional Chamber of Commerce.

Wednesday, June 21

New Weeklies to Hit Streets

The Encinitas-based Coast News Group announced June 21 that it plans to publish two new weekly newspapers: one devoted to Vista and the other to San Marcos.

Ernst & Young Honors Pattinson

Michael D. Pattinson, the president and chief executive officer of Barratt American homebuilders in Carlsbad, has been named San Diego Entrepreneur of the Year by Ernst & Young LLP.

ViaSat Buys Enerdyne

Carlsbad-based satellite and wireless tech firm ViaSat Inc. acquired El Cajon-based Enerdyne Technologies Inc. in a $26 million deal.

Vocel Gets Cash Infusion

Publishing firms are investing in San Diego-based cell phone developer Vocel, with the latest round of investment announced June 19.

Tuesday, June 20

Cricket Lands in Cincinnati

Leap Wireless International Inc. said it began offering its flat-rate Cricket wireless service in Cincinnati on June 20.

New Leadership at Verari

David Wright is replacing Dave Driggers as chief executive officer of San Diego-based Verari Systems, Inc.

GMS Realty Gets $750 Million

Carlsbad-based GMS Realty, owner and operator of Seaport Village in San Diego, announced June 20 that it has received a $750 million investment from the Washington State Investment Board.

SDSU Hosts Expert in Housing Finance

Michael Lea, a nationally known authority on housing and mortgage finance, has been named an executive in residence for this fall in San Diego State University's College of Business Administration.

Monday, June 19

What's the Big Deal? Make Your Selection

General Atomics Aeronautical Systems has acquired an 86,952-square-foot corporate office/research and development building that sits on 6.17 acres in Rancho Bernardo for $18.4 million.

For the Record

Business Events Calendar: June 20 - 26

Carlsbad Tech Firm Signs IP Licensing Pacts With Sony, Nikon

A year after settling a longtime dispute over ownership of patents, Patriot Scientific Corp. has struck new licensing agreements with Sony Corp. and Nikon Corp., two of the world's largest electronics manufacturers.

Being a New Medium, the Business Journal is the Message

Being a New Medium, the Business Journal Is the Message

Firm Not Providing Full Disclosure of Cash on Hand

Torrey Pines Therapeutics, Inc. says it plans to merge with a small public biotechnology firm, but won't disclose how much cash on hand the companies have. To industry watchers, the number is one of the most important indications of an early stage biotech

Betting on 'I Do'

San Diego County's wedding industry is estimated to be worth more than $400 million; and who better to cash in on the spending frenzy than the masters of moneymaking themselves , casinos.

Nestle to Buy Jenny Craig

Nestle announced June 19 that it is buying the Carlsbad-based weight-management company Jenny Craig Inc. for an estimated $600 million.

UCSD Social Sciences Division Gets $1M Donation

UCSD Social Sciences Division Gets $1M Donation

Award Recognizes Innovation at Networkcar

The 2006 American Business Awards recognized San Diego-based Networkcar, Inc. for its innovation June 12 at the Marriott Marquis in New York City.

Proxy , Neurocrine Biosciences, Inc.

Neurocrine Biosciences, Inc.

Navy Restricts Use of Cell Phones in the Southwest

The U.S. Navy Region Southwest has a new policy banning the use of hand-held cell phones while driving on bases.

San Diego Firms Don't Have Wedding Bell Blues

Always a bridesmaid, never a bride. That's a complaint you won't be hearing from San Diego wedding professionals cashing in on the county's booming nuptials market.

Tri-City Has Plan in Place if Bond Measure Fails

June's primary election left the Grossmont Healthcare District with the $247 million it needs for seismic upgrades and expansion. The fate of a similar bond measure in the Tri-City Healthcare District was, at press time, was too close to call.

Hall of Fame Honors Go to Royston

Dr. Ivor Royston has been named as the next inductee into the Connect Entrepreneur Hall of Fame.

Small Business Spotlight: Freedom Grill, Inc.

Freedom Grill, Inc. co-founder Scott Salter longed to be in business for himself, but when he started the company four years ago, letting go of a steady paycheck was a scary proposition. "Once our patent came through, I knew we had something," Salter said

Progress Report

Sales and Leases


For June 12, 2006

Burnham Real Estate Lauds Work of Irvine Co.

Stath Karras, the president and chief executive officer of Burnham Real Estate in San Diego, considers the Irvine Co.'s major push into the Class A office market as a healthy sign for Downtown.

Libraries Still Helpful to Proprietors

The San Diego Public Library provides workshops and seminars designed to teach everything from e-commerce know-how to patent, trademark and copyright processes.

San Diego People

Key Hires and Promotions; Executive Spotlight: Christian Coleman

Downtown to Get Taste of Down Under

A partnership, backed by a group of well-heeled investors, all with ties to Australia, is betting that San Diegans will embrace Aussie-style conviviality.

Del Mar Firm Gets the Word Out About Disasters

Del Mar-based MIR3, Inc. is partnering with Irving, Texas-based ExxonMobil Corp. to educate businesses along the Gulf region about preparing for the hurricane season.

Biogen's Community Lab Hopes to Lure Kids Into Science

Local biotechnology companies are reaching to a surprising place to secure the future of the industry from advancing global competition , San Diego County youth.

Executive Profile: Kirk Jackson

July 1 marks San Diego mechanical contractor Jackson & Blanc's 75th anniversary. "I still have the original handwritten ledger from July 1, 1931," said Kirk Jackson, company president.

Nissan Altima SE-R is Anything But Boring

Nissan Altima SE-R is Anything But Boring

How to Respond to Opinions Expressed on This Page

How to Respond to Opinions Expressed on This Page

High-Tech Tools Help U.S. Military Get Defensive

A strong military presence at the recent satellite and communications show in San Diego was evidence of the increasing role technology plays in defending the country.

Hedge Funds Don't Like Underperformers

Hedge funds, unregulated investment pools that often take contrarian bets on the market, are growing like weeds, and their managers are wielding the kind of clout that can give public companies the willies.

San Diego Landscaping Firms Support Immigration Reform Effort

San Diego Landscaping Firms Support Immigration Reform Effort

Construction Journal

Contract Awards and Construction Milestones

Mayor Nominates Min to Board

Mayor Jerry Sanders has nominated Bryan B. Min, the president and chief executive officer of Epsilon Systems Solutions Inc., for appointment to the board of directors of the San Diego Convention Center Corp.

High Rent High-Rises

The Irvine Co. , which already dominates the Class A office market in Downtown San Diego , is spending $36 million to establish a gold standard for its six office buildings there.

Tri-City Ballot Measure Fails

Tri-City Medical Center's top officer conceded this week, acknowledging that the hospital's $596 million ballot measure is not going to garner the votes needed to pass.

Next President of Mexico Must Continue Path of Reform Initiated by Vicente Fox

Next President of Mexico Must Continue Path of Reform Initiated by Vicente Fox

Unemployment Hovers at 3.7 Percent

San Diego County's unemployment rate remained at 3.7 percent in May, the same rate as April, according to the state's Employment Development Department.

Epiphany Will Represent Jazz 88

San Diego's only full-time jazz station has tuned into Epiphany PR in an attempt to increase sponsorships to the publicly funded radio station.

Hotels Forecast Nice Summer

Despite a year-over-year decline in occupancy rates during the Memorial Day weekend, hoteliers remain optimistic that the summer turnout will improve.

Week in Review

Top Business News: June 9 - 15, 2006

CFO Is Fourth Generation to Run Family Printing Firm

Kandy Neyenesch comes to work each day knowing that she is carrying on the long history of Neyenesch Printers, Inc. on Kettner Boulevard.

Pala Wants to Expand Casino, Add Rooms, Parking

The Pala Band of Mission Indians has served notice that it wants to greatly expand its casino, and add to its hotel and spa.

Military Simulations Put San Diego Firms to the Test

The military is testing technologies of several San Diego firms this month in simulated exercises that re-create wartime and humanitarian aid situations. A central player is the Predator B Mariner Unmanned Aircraft System.

Phone Distributor's Stock Takes Roller Coaster Ride

InfoSonics Corp. saw its shares plummet more than 28 percent June 12, apparently all because of having to restate its first-quarter results that cut profits by a third to $1.2 million.

Put Clients' Needs First in Firm's Messages

Question: My Web site and brochure aren't bringing in any business. What can I do right now to make them more effective?

Friday, June 16

Old Town Corral Sold

Malibu-based American Commercial Equities Two, LLC has bought the Old Town Corral office and retail complex for $8.2 million.

Space Agreement Crafted

Two compatible nonprofits in California and the United Kingdom signed a space development agreement at the International Satellite and Communications exchange, ISCe, conference June 13-15 in San Diego.

Neurocrine Breaks Silence

Neurocrine Biosciences, Inc. has broken its silence after a month, announcing it has not yet met with the Food and Drug Administration, but that it has prepared a statement requesting the agency clarify concerns it has about the company's sleeping pill.

Target Commits to Mercado

Target has signed a letter of intent with Mercado Alliance, LLC to serve as anchor tenant of San Diego Mercado, a mixed-use redevelopment slated for the intersection of Interstate 5 and the San Diego-Coronado Bridge.

Carlsbad Gives OK to Desalination Plant

The Carlsbad City Council gave its unanimous support to building a large-scale desalination plant in the city with a 4-0 vote for the project June 13.

San Diego Issues $100M in Bonds

The city of San Diego issued $100 million in municipal bonds June 15, the first in a series intended to reduce a $1.4 billion deficit in its employee pension fund.

Comerica Building on the Block

The Comerica Bank building, built in 1974 at 600 B St. in Downtown San Diego, is being sold by Santa Ana-based Triple Net Properties LLC for a reported $96 million.

Thursday, June 15

Hiring Trend Stays Strong

Nearly half of San Diego employers expect to hire more personnel during the third quarter, according to the latest Manpower Employment Outlook survey.

Council Tightens Condo Conversion Rules

The San Diego City Council on June 13 tightened the reins on condo conversions by issuing new guidelines.

Housing Costs, Income Still Out of Sync

Rising real estate prices and stagnating wages are putting a serious squeeze on San Diegans of all income levels, according to a report released by the San Diego Housing Federation.

AMS to Deregister Stock

Advanced Marketing Services Inc., a book distribution company based here, has asked the Securities and Exchange Commission to terminate the registration of its common stock.

Wednesday, June 14

Qualcomm Raises Forecast

With the end of its third quarter in sight, wireless technology company Qualcomm Inc. raised its earnings forecast for the quarter.

Housing Market Hot, But Not Scalding

The slowdown in San Diego County's real estate market is continuing, but prices also have been rising, according to the San Diego Association of Realtors' May report.

Tuesday, June 13

Sequoia Collects Series E Financing

Sequoia Communications, a San Diego maker of semiconductor chips used in wireless networks, says it arranged $25 million in Series E financing that will allow the company to bring a new chip into full volume production.

SAIC Has New Credit Line

Science Applications International Corp., a research and engineering firm based here, said it entered into a new five-year credit agreement that permits it to borrow up to $750 million.

Monday, June 12

Dallas-Based Sempra Unit Has a Buyer

Sempra Generation, a unit of San Diego-based Sempra Energy, plans to sell one of its subsidiaries for $225 million.

CEO Works to Boost Telecom Firm's Fortunes

By all appearances, the change at the top at Axesstel Inc., a maker of wireless telephones and data products, has been amicable, even warm and fuzzy.

Borrego Springs Bank Earns 'Unearthly' Net Profit

Borrego Springs Bank, owned by the Viejas Band of Kumeyaay Indians, reported an after tax net profit of more than $5.8 million for its first quarter, nearly all of it coming from the sale of its Indian Gaming Services in February.

FDA, Competition Least of Worries for CSOs

Finding workers, securing financing and commercializing technology are top concerns among chief scientific officers at biotech companies, according to a study prepared for the annual Biotechnology Industry Organization conference.

Boys & Girls Clubs Honor Dean Spanos

Donations, Contributions and Good Deeds

Revitalization Project Nears End Of Slow Process

The star-crossed Cedros Crossing mixed-use project , the biggest ever contemplated in Solana Beach history , could become the heart of this affluent city if it ever gets green-lighted.

Court Overturns $100M Judgment for De La Fuente

San Diego city officials are hailing a tentative ruling June 6 by a state appellate panel that overturns a 2001 judgment of more than $100 million in favor of plaintiff Roque De La Fuente.

Investment Firm, Part-Owner Agree To a Censure, Plus Payment Of $65,000 in Penalties

CapitalWorks Investment Partners LLC, a San Diego based investment advisory firm, and its part-owner, Mark Correnti, agreed to a censure, cease-and-desist order and payment of penalties totaling $65,000, said the U.S. Securities and Exchange Commission Ju

Recent Buyer of Downtown Properties Sold to New York Investors, Operators

Trizec Properties Inc., which acquired two prime office buildings in Downtown San Diego last month, has been sold in a transaction valued at $8.9 billion.

Lessons From the East: China and Housing

Lessons From the East: China and Housing

Qualcomm Files Complaint Against Nokia

Wireless technology firm Qualcomm Inc. announced June 12 that it had filed a complaint with the U.S. International Trade Commission against mobile phone maker Nokia.

Week in Review

Top Business News: June 2 - 8, 2006

Construction Journal

Contract Awards and Construction Milestones

New Software Applications Brewing at Developers' Gathering

Software publishers and developers have earned more than $700 million from the sale of BREW applications and services since commercial launch in November 2001.

New Program Connects Firms With PR Executives

Companies interested in getting exposure before the region's biggest marketing and PR officials may want to call the San Diego chapter of the Public Relations Society of America.

Firm's Bird Flu Vaccine Research Receives Boost

San Diego's Vical, Inc. received an earlier than expected boost for development of its avian flu vaccine.

Miramar Airport Debate Lands on Chamber's Deck

The San Diego Regional Chamber of Commerce has to decide whether to support or oppose the ballot proposal to put an international airport at Miramar Marine Corps Air Station.

Defense Tech Company Acquired

San Diego Research Center Inc., a defense systems integration company, said June 12 that it agreed to be acquired by Argon ST Inc., a Fairfax, Va., firm that provides equipment and systems to defense contractors, for $41 million in cash.

Change Passwords Regularly to Fend Off Theft

Events such as the recent theft of personal electronic data on up to 26.5 million U.S. veterans from the home of a data analyst underscores the need to protect digitally stored data.

VideoTrack Taps Network of Legal-Tech Services

Lawyers nationwide are increasingly integrating technology in their legal practices to help them win cases. Video, for example, is replacing paper-based depositions and courtroom presentations.

Symposium Innovators Brainstorm on How to Be Creative

Local business and education leaders shared ideas for fostering creativity and innovation in the workplace while turning a profit.

Military Wives Launch Firms On the Go

With marriage, couples usually settle down to long-term careers or entrepreneurial activity. But when your spouse is in the U.S. military, settling down can be impossible , especially if you want to start a business.

For the Record

Business Events Calendar: June 13 - 19

Designer Learns Marketing Lessons By Trial and Error

Designer Learns Marketing Lessons By Trial and Error

Progress Report

Sales and Leases

SBA District Sees Drop in Dollar Value of Loans

The value of loans guaranteed by the U.S. Small Business Administration's San Diego district office declined by $92 million for the first half of this fiscal year, though the number of loans approved increased by 3.5 percent compared to a year ago.

Proxy , Cohu, Inc.

Cohu, Inc.

Coffee Brewer Inspired By Relative in Peru

Coffee Brewer Inspired By Relative in Peru

Franchise Opportunities Inspire Health , and Wealth

When bad stuff happens, sometimes a little light goes on, and you say, "Now, I know what I'm supposed to be doing with my life!" That's how it was for Dona Wilson, who now owns the successful Fitness Together Rancho Bernardo franchise.

Owners Should Plan for Retirement Sooner

Question: How do I start planning for retirement?

Small Business How To

Question: How do I start planning for retirement?

Nine Out of 10 Small-Business Owners Oppose Property Seizures for Commercial Development

Nine Out of 10 Small-Business Owners Oppose Property Seizures for Commercial Development

Firm Strives to Get FDA's OK for Botanical Drug

A local pharmaceutical firm believes that its herbal cream for treating diabetes ulcers could be the first botanical drug to pass regulatory muster, thus opening the door for more alternative medicines , a gray area for the industry.

CCDC Official Criticizes New Navy Complex Plan in Downtown

The Manchester Financial Group's latest plans for redeveloping the prime 14.72-acre Navy Broadway Complex is a step up from its last rendition , but it's still not hitting the mark, in the opinion of a Centre City Development Corp. board member.

Law to Require Proof of Citizenship for Reimbursement

Hospitals see trouble ahead if they lose reimbursement for caring for some poor people under a new law that requires proof of citizenship for Medi-Cal benefits.

Small Business Spotlight: Blue Mine Group

Michael Lurie, founder and CEO of Blue Mine Group.

Tenet Seeks Qualified Operator for Alvarado

Tenet California's top executive assured San Diego County Supervisor Dianne Jacob in a letter this week that the company would make every effort to sell troubled Alvarado Hospital Medical Center to an experienced hospital operator.

New Service Is 'Ripping' Right Along

A start-up in San Marcos hopes to make the conversion from compact disc players to iPods just a little less painful.

SAIC's Quarterly Sales at $2B

Science Applications International Corp., a research and engineering firm based in San Diego, reported net income of $105 million for its 2007 first quarter ended April 30.

Credit Unions Share Their Successes, Failures

Credit Unions Share Their Successes, Failures

San Diego People

Key Hires and Promotions; Executive Spotlight: Geoffrey Swortwood

Sempra Board Grows

Sempra Energy announced June 9 that it will be adding a new member to its board of directors. Luis Tellez, 47, of Mexico City, will be the 11th member of the corporate board.

Executive Profile: Wade Hall

Wade Hall, president and chief executive officer of McMillin Capital.

Friday, June 9

Sycuan Makes Way for More Cars

Sycuan Casino broke ground June 7 on a 2,000-space parking garage, planned for completion in summer 2007. The $40 million structure is the largest project in a $55 million construction program.

Torrey Pines Therapeutics Plans Merger

Torrey Pines Therapeutics, Inc. has announced plans to merge with another small biotechnology firm, and the newly formed company will be public.

Santee Space Sells for $5.4 Million

A fully occupied retail property in Santee was sold June 9 for $5.4 million to a private investor from Orange County.

Gas Prices Continue Their Slide

Gas prices across the region have declined for the third consecutive week, according to the Automobile Club of Southern California's weekend gas watch.

Robert Beyster to Be Honored June 12

Robert Beyster, founder and inspiration behind Science Applications International Corp., will receive the 2006 Herb Klein Civic Leadership Award on June 12 at the 41st annual dinner of the San Diego Regional Economic Development Corp.

Thursday, June 8

Nassco Receives Record Pizza Delivery

There's pizza day, and then there's record-breaking pizza day. The latter occurred June 8 in San Diego when Nassco accepted the delivery of 13,500 pizza pies from Papa John's, breaking the Guinness World Record for world's largest pizza order.

Chocheles Moving Over to Connect

June Chocheles will be the new chief operating officer at Connect, a San Diego-based organization that assists technology companies get started.

Wilson Named Association President

Pamela Lawton Wilson, a partner with the law firm of Wertz McDade Wallace Moot & Brower, has become the first San Diego attorney to lead the California Political Attorneys Association.

Wednesday, June 7

SEC Censures Investment Firm

CapitalWorks Investment Partners LLC, a San Diego-based investment advisory firm, and its part-owner, Mark Correnti, agreed to a censure, a cease-and-desist order and payment of penalties totaling $65,000, said the U.S. Securities and Exchange Commission

De La Fuente Dealt Setback

In a ruling hailed by San Diego elected officials as good news that could save the city millions of dollars, a three- judge panel from the state 4th District Court of Appeal in Riverside issued a tentative judgment voiding a 2001 jury verdict in favor of

Callaway To Buy Back Stock

Callaway Golf Co. announced June 6 their plans to repurchase up to $50 million in the company's common stock.

Incumbents Win at San Diego City Hall

San Diego's incumbent City Council members won by landslides in the June 6 election primary, and won't be facing runoffs in November. Two prominent county officials also retained their seats.

Tuesday, June 6

Metro United Is Bank's New Name

First United Bank, a San Diego lender acquired by Houston-based MetroBank about a year ago, is changing its name to Metro United Bank to reflect the change of ownership.

Wateridge Development Sold

The two-building, 128,296-square-foot Wateridge Technology Center in Sorrento Mesa has been sold for $32.7 million.

Naslund Nominated to Commission

Eric C. Naslund has been nominated by Mayor Jerry Sanders to the San Diego Planning Commission.

High-Rise Owner Trades Hands

Chicago-based Trizec Properties, Inc., which on May 2 had announced the acquisition of two prime office buildings in Downtown San Diego, has been sold in a transaction valued at $8.9 billion.

Monday, June 5

Restaurant Association Names 'Chef of the Year'

Susan Sbicca, executive chef and co-owner of Sbicca Bistro in Del Mar and Meritage Restaurant in Encinitas, was named "chef of the year" by the San Diego Chapter of the California Restaurant Association.

Ship Leaves Little Wake, But Makes Lasting Impression

Defense officials test the performance of a new stealth watercraft during minesweeping exercises on San Diego Bay.

On The Approach: Forums Planned to Discuss Airport Options

With Miramar Marine Corps Air Station poised to go on the ballot as a suitable site for relocating San Diego International Airport from Lindbergh Field, the business coalition ASAP 21 has scheduled a series of public forums on the issue.

Jaguar's S-Type R Does Little to Reinforce the Automaker's Image

Jaguar's S-Type R Does Little to Reinforce the Automaker's Image

China Syndrome Only Hurts China

China Syndrome Only Hurts China

Businesses Advised to Prepare for Bird Flu Pandemic

Businesses must approach avian flu preparedness with a big-picture mindset, according to New York-based business forecasting nonprofit The Conference Board.

Executive Profile , Jeffrey W. Cavignac

Jeffrey Cavignac, who runs the Cavignac & Associates insurance brokerage, likes his industry for the same reason he appreciates a good bottle of wine.

Progress Report

Sales and Leases.

News Veteran Hired as Business Journal Editor

A veteran newsman joins the

Credit Union Official Brings Message to San Diego

Rodney Hood stops for a luncheon speech at California Coast Credit Union before returning to Washington, D.C.

CEO of Burgeoning Tech Firm Honored By SBA

Tony Saadat of Electronic Online Systems International has been chosen as Small Business Person of the Year by the U.S. Small Business Administration's district office.

A Refreshing Pause in Downtown's Renaissance

Downtown San Diego welcomes new building plans.

Gas Prices May Slow, But Not Hinder, Local Tourism

According to a leading national travel forecast, historically high fuel prices accompanied by broader economic concerns will have a somewhat negative affect on summer travel. Yet overall travel volume will be flat.


For May 29, 2006.

Book Exec Takes on Firm Investigated By Feds

Despite the enormous obstacles Advanced Marketing Services faces, particularly in the legal arena, new chief Gary Rautenstrauch says the company's core value hasn't been diminished, and there are brighter days ahead.

Local Control Business Model Fits Bank Startups

Lansing, Mich.-based Capital Bancorp emphasizes local control for its banks, which include Point Loma Community Bank, Sunrise Bank of San Diego and the Bank of Escondido.

Editorial Writing Nets Award

Rick Bell, managing editor of the

Week in Review

Top Business News: May 26 - 31, 2006

Hands-Free the Key at Business Mixers

Question: "Chamber mixers and association gatherings have always intimidated me. How do I keep myself from looking so out of place?"

Nostalgic Jingles Still Ring True for Some Advertisers

Advertising jingles still have their fans, and in many cases, still pack a punch.

Chargers Champions Program Raises $400,000 for Scholarships

The San Diego Chargers sixth annual Chargers Champions program raised more than $400,000 for scholarships and grants for 11 San Diego-area schools.

Two Local Chains Show Interest in Buying Hospital

Alvarado Hospital Medical Center has several potential buyers.

Small Business a Lucrative Office Market

Urban + West, a California developer specializing in new urban properties, is making its first foray into San Diego's commercial real estate market with its eye on small businesses.

Miramar Airport Issue Going to Voters

The San Diego Regional Airport Authority voted June 5 to ask voters whether the government should work toward locating an international airport at Miramar Marine Corps Air Station.

Eminent Domain Becomes Point of Controversy

The simmering debate over eminent domain , a local municipality's right to seize private property for the public good , is now on full boil in San Diego, as ballot initiatives and legislative bills are being proposed to further bolster private property ri

High Marks for County Bond Issue

San Diego County's planned issue of $240 million in tax revenue anticipation notes was given the highest possible rating by all three credit rating agencies.

San Diego People

Key Hires and Promotions

Home Lenders Consolidate to Offset Cool Down

With the mortgage business cooling down, and profit margins on loans getting tighter, consolidation talk among the multitude of home lenders is picking up.

For the Record

Business Events Calendar: June 6 - 12

Mayor Opposed to Locating Airport at Military Base

Speaking before a military booster group last week, San Diego Mayor Jerry Sanders stressed listening to the military when planning a future international airport.

Six New Mentors Share Wealth of Experience

Whether it's high-tech or hamburgers, the backgrounds of the six newest members of The Chairmen's RoundTable are, in a word, diverse.

Epsilon Systems Solutions Wins DoD Contract

Epsilon Systems Solutions, Inc. won a $23 million contract to repair and upgrade the Navy's berthing barges, and service the computer systems on board, for the next four years.

Gaining Control of Hotel Tax Revenues

The Performance Institute is leading the charge to get City Hall to restore hotel room tax funding for the San Diego Convention & Visitors Bureau, the county's primary tourism marketing arm.

Proposed Cigarette Tax for Health Care Heads to Ballot

The stage is being set for an ugly battle of big tobacco versus California hospitals and several health care nonprofit groups.

Small Business Spotlight: Griffin Ace Hardware

Griffin Ace Hardware owner William "Bill" Griffin entrusts his three grown daughters to keep the small family business not only going, but growing.

Construction Journal

Contract Awards and Construction Milestones.

Cardiac Programs Come Together

Scripps Health will combine cardiac programs at its Scripps Memorial La Jolla and Scripps Green hospitals.

Why Miramar Is Not Suitable As a Regional Airport Site

Why Miramar Is Not Suitable As a Regional Airport Site

Proxy , Novatel Wireless, Inc.

Novatel Wireless, Inc.

Friday, June 2

$109 Million Bond Sale Announced

Mayor Jerry Sanders on June 2 announced the sale of about $109 million of tax allocation bonds , both tax-exempt and taxable , for the Centre City Redevelopment Project Area.

Albertsons Settles Case

Without admitting any wrongdoing, Albertsons, Inc. has agreed to pay San Diego and three other California counties a total of $2 million to settle allegations that the grocery chain overcharged its customers.

Court Rules Against Platinum Networks

Telecom firm Nortel Networks won its trade secret and copyright infringement case against San Diego-based Platinum Networks, Inc. in a trial that concluded June 1 with a jury award of $47.4 million for punitive damages.

Carrier Firm Sidelined on Big Project

Carrier Johnson, the San Diego architectural firm that was part of the Manchester Financial Group's team to redevelop the Navy Broadway Complex Downtown, is out of the game.

Fish Attorneys Jump Ship, Join Mintz

A dozen attorneys from the San Diego office of Fish & Richardson have departed to start a local branch of the Boston-based law firm of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Thursday, June 1

Chula Vista Officials Court Chargers

The San Diego Chargers met with two elected officials from Chula Vista to discuss the possibility of relocating the team's stadium there May 31.

2007 City Budget Approved

The San Diego City Council on May 30 approved a fiscal 2007 budget totaling $2.6 billion.

Goal Buys Florida Dot-Com

Goal Financial LLC, a San Diego-based lender specializing in student loans, said it acquired of Jacksonville, Fla.

Investor Gets Stake in OneSource

OneSource Distributors, an Oceanside-based electronics distributor, obtained an investment for 49 percent of its company from Heritage Partners Inc. of Boston.

Rice Joins Lerach

John J. Rice, a 15-year veteran of the U.S. attorney's office, has joined the firm of Lerach Coughlin Stoia Geller Rudman & Robbins LLP on its securities-fraud task force.