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San Diego Business Journal articles from June 2003

55,885 total articles

Metropolitan business newspaper specializing in investigative and enterprise reporting on San Diego County businesses and related issues.

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<a href="http://www.highbeam.com/San+Diego+Business+Journal/publications.aspx?date=200306" title="Articles and back issues from San Diego Business Journal">San Diego Business Journal articles</a>

San Diego Business Journal back issues from June 2003:

Merchants anticipate ships' return: local economy may not see much movement as Constellation comes home.

Jun 02, 2003; ... The return of the USS Constellation and its battle group to a giant harborside rally June 2 means plenty of good things for San Diego. It's relief and exhilaration for military spouses, like the ones Pat Vetere sees outside his business. "We're anxious to get (the ...

No safe harbor for Port District: loss of Lindbergh brings talk of revamping agency.(San Diego Unified Port District)

Jun 02, 2003; ... In the past six months, the San Diego Unified Port District has navigated some rough waters. On Jan. 1, the port's biggest moneymaker -- Lindbergh Field, which generated 43 percent of the district's total revenue -- flew off under the control of the San Diego Regional Airport ...

No safe harbor for Port District: port claims there's little booty in its treasure chest.(San Diego Unified Port District)

Jun 02, 2003; ... The San Diego Unified Port District never has been as rich as most people think, port officials argue. The media is responsible for popularizing the myth of a cash-rich Port District, they said. In truth, the agency has more projects on its wish list than it has money to ...

Advertisers heed call of local radio: revenue growth puts S.D. among nation's top markets.

Jun 02, 2003; ... Bolstered by a 10.4 percent hike in first-quarter ad revenue, San Diego radio stations are among the top five fastest-growing markets in the country. How big an accomplishment was this? According to Miller, Kaplan, Arase & Co., a North Hollywood firm of certified public ...

Tale of two eateries starts with a Hug. (Entrepreneurs Restaurants).(Bertrand Hug runs Bertrand at Mr. A's, Mille Fleurs)

Jun 02, 2003; ... Bertrand Hug's restaurants are known for many things. Bertrand at Mr. A's, perched atop a famed Bankers Hill building, offers one of the most dramatic views of the bay and Downtown. And Food and Wine magazine dubbed Mille Fleurs in Rancho Santa Fe as one of the nation's top 25 ...

Building industry airs concerns over prevailing wage issue: offsite pay rates ruling adds to confusion. (Construction).

Jun 02, 2003; ... The local building industry is split over the issue of requiring contractors to pay the prevailing wage on construction jobs. Prevailing wage is a pay rate set for different construction trades in each of California's counties, often similar to union wages. The ...

Con Vis slashes jobs as funding cutback looms.(San Diego Convention and Visitors Bureau)

Jun 02, 2003; ... Facing a $1.4 million budget cut for the upcoming fiscal year, the San Diego Convention & Visitors Bureau eliminated 12 positions and made cuts in operating expenses. As a result, 10 people, employed mostly in the areas of community relations, sales and marketing, lost their ...

Bond measures shelved. (Week in Review).(Brief Article)

Jun 02, 2003 ... State lawmakers struggling to deal with California's ongoing budget crisis voted May 28 to put on hold any new ballot measures until the budget problems are solved. The Assembly Appropriations Committee voted to reject all new bond proposals seeking "continuous appropriations," ...

McMillin buying Bakersfield builder. (Week in Review).(Corky McMillin Cos. to acquire Kyle Carter Homes)(Brief Article)

Jun 02, 2003 ... The Corky McMillin Cos., the National City-based business group that includes homebuilding, real estate agency, and mortgage brokerage companies, is in the process of buying the assets of Kyle Carter Homes in Bakersfield. Terms of the acquisition, which will be finalized in ...

Davis allies fighting recall effort. (Week in Review).(recall effort against governor Gray Davis)(Brief Article)

Jun 02, 2003 ... Allies of California Gov. Gray Davis have formed a group to not only fight the recall effort against the governor, but also raise money for a petition drive from voters opposing the "abuse of the recall process." The group -- called Taxpayers Against the Recall -- consists of ...

San Diego No. 3 on index. (Week in Review).(retail index)(Brief Article)

Jun 02, 2003 ... San Diego ranked third after Washington, D.C., and Orange County on Encino-based Marcus & Millichap Real Estate Investment Brokerage Co.'s National Retail Index. The index ranks 38 U.S. retail real estate markets based on vacancies, rent growth, development, and employment and ...

Calpine still seeks contract for Otay Mesa electricity. (Energy).

Jun 02, 2003; ... Calpine Corp. is pushing to get its Otay Mesa Energy Center built by 2005, when San Diego County anticipates needing more electricity. But time is growing short. And the San Jose merchant generator is having a tough time coming up with a buyer for the power plant's 5l0-megawatt ...

Wellspring International agrees to deal with french utility. (Energy).(Electricite de France)(Brief Article)

Jun 02, 2003; ... Agreement: San Diego-based Wellspring International Inc., which provides metering systems for all types of buildings and utilities, recently entered into an agreement with Electricite de France, the world's largest government-owned ...

Forecast. (Energy).(summer electricity forecast)(Brief Article)

Jun 02, 2003; ... Just days after the California Energy Commission released its summer electricity forecast -- stating that supplies should be adequate to meet peak summer demand for the next two years -- California's power grid operator called a Stage 1 energy alert. The alert, which is the ...

New entity. (Energy).(SeaWest Holdings forms Prasentia division)(Brief Article)

Jun 02, 2003; ... SeaWest Holdings, the parent company of San Diego-based SeaWest WindPower, Inc., has formed a new independent entity named ...

Construction Specifications Institute. (Workshops).

Jun 02, 2003; ... The San Diego chapter of the Construction Specifications Institute invites the public to attend its workshop on sustainable and energy-efficient roofs. The seminar will ...

SDG&E. (Workshops).

Jun 02, 2003; ... SDG&E will conduct a lighting workshop June 17 and June 18 from 8 a.m. to noon. The first seminar will take place at the Four Points ...

First International opts to expand board members: troubled bank talking to a number of possible investors. (Finance).(Brief Article)

Jun 02, 2003; ... Shareholders of First International Bank, the Chula Vista-based lender, voted to expand its board of directors by five members, but it remains to be seen whether regulators will approve them all. At its annual meeting last month, the bank's shareholders re-elected four existing ...

Genetronics teams with bay area firm for research.(Genetronics Biomedical Corp., Genteric Inc. research agreement)(Brief Article)

Jun 02, 2003 ... San Diego-based biotech firm Genetronics Biomedical Corp. and Alameda-based gene therapy firm Genteric Inc. said May 22 they signed a research agreement covering joint evaluation of gene expression using electroporation-assisted delivery of DNA to the salivary gland. Financial ...

Corrections & Clarifications.(Correction Notice)

Jun 02, 2003 ... In the May 26 edition of the San Diego Business Journal, an item in the real estate column reported that Gary Goss of San Diego-based Burnham Capital Markets Group arranged a $12 million loan for the purchase of 8989 Rio San Diego Drive. However, the transaction was a refinance of Silver ...

Geno's Barbecue has new location but the menu is as flavorful as ever. (What's on the Menu).(Geno's West Coast Style Barbecue)(Restaurant Review)

Jun 02, 2003; ... Geno's West Coast Style Barbecue has been an East County fixture for several years, but recently Geno's relocated to the heart of downtown El Cajon. Now the restaurant is housed in a remodeled Taco Bell, which has been transformed into' the new Geno's at 291 W. Main Street. ...

The search for new Aztec athletic director continues. (Sports Biz).(San Diego State)(Brief Article)

Jun 02, 2003; ... The upheaval at San Diego State's athletic department isn't over yet, and more heads may roll as a result of an ongoing investigation into how the department was managed. "All I can say is the investigation is ongoing," said SDSU spokesman Jack Beresford. Last month, ...

San Diego seeks chance to host Women's World Cup. (Sports Biz).(Brief Article)

Jun 02, 2003; ... Cup Hunt: San Diego is making a bid to host part of this year's Women's World Cup, which was awarded to the United States on May 26 following the decision to move the event out of China because of the continuing SARS crisis. "We called the U.S. Soccer Federation (which was ...

Chargers update. (Sports Biz).(Qualcomm Stadium lease)(Brief Article)

Jun 02, 2003; ... Talks between the Chargers and city officials over the team's lease at Qualcomm Stadium have been going on weekly, with parties meeting two to three times for an average of two to three hours per session. Both have been discussing the possibility of a new football stadium since April ...

Best of the worst. (Sports Biz).

Jun 02, 2003; ... In what is shaping up as their worst season in their 35-year history, the Padres will face the Detroit Tigers, the American League team also contending for the worst record in baseball, for a three-game series June 6 to 8. Perhaps realizing in ...

Olympic effort. (Sports Biz).(Science Applications International Corp. wins security contract for Athens Games)(Brief Article)

Jun 02, 2003; ... Science Applications International Corp. won part of contract to provide security infrastructure to the 2004 Athens Summer Olympic Games from the Greek government. As part of the contract, SAIC' s team, which includes Siemens ...

Construction completed for UCSD's bioengineering facility.(Powell-Focht Bioengineering Building)(Brief Article)

Jun 02, 2003 ... McCarthy Building Cos. Inc. of Newport Beach has completed the $30.6 million Powell-Focht Bioengineering Building at the UC San Diego campus in La Jolla. The 110,000-square-foot building was built on a four-acre site for public and private foundations doing research in the life ...

Cultural travelers offer appealing figures to tour officials. (Tourism & Hospitality).(Brief Article)

Jun 02, 2003; ... Arts and cultural attractions continue to draw lots of tourists to San Diego. According to an economic impact report released by the city, 85 city-funded arts organizations sold 1.66 million admissions to out-of-town visitors last year. Using a multiplier of $131 -- ...

Marine Room inducted into magazine's Hall of Fame. (Tourism & Hospitality).(Brief Article)

Jun 02, 2003; ... Hall Of Fame Restaurant: The Marine Room of the La Jolla Beach & Tennis Club was inducted into Nation's Restaurant News Hall of Fame in May. Executive chef Bernard Guillas received the ...

Card park. (Tourism & Hospitality).(Legoland California, Upper Deck Co. sponsorship agreement)(Brief Article)

Jun 02, 2003; ... Legoland California and the Upper Deck Co. of Carlsbad have entered into a multiyear agreement making the latter the title sponsor of the theme park's new, full-service restaurant -- the Upper Deck Sports Cafe. ...

Museum unveils turquoise. (Tourism & Hospitality).(San Diego Museum of Man)(Brief Article)

Jun 02, 2003; ... Javier Guerrero, San Diego Museum of Man's curator of Southwest Collections, says that while turquoise currently enjoys tremendous popularity, many who wear it have no idea where it comes from or how it has been valued over time. A new museum exhibit, "The Turquoise Path/El ...

Firm building toll road settles suit, gets funding.(California Transportation Ventures)(Brief Article)

Jun 02, 2003 ... A private company building a toll road in San Diego cleared two major hurdles last month. First, a lawsuit seeking to prevent California Transportation Ventures from building a portion of state Route 125 was settled May 13. The lawsuit, ongoing since Oct. 16, 2001, ...

New scanner seen as the cat's meow: though a costly procedure, PET imaging technique can detect cancers earlier. (Technology).

Jun 02, 2003; ... Four years ago, sophisticated medical-imaging tools such as PET Scanners were still a rarity in San Diego's hospitals. Since 2001, when Medicare started to reimburse the costly scans to detect and evaluate cancers, PET technology has gotten a major boost. UC San Diego ...

Company among the dot-com survivors. (Cyberbucks).(Global Solutions)

Jun 02, 2003; ... Launched at the height of the dot-coin boom in 1999, eAssist Global Solutions is among a handful of local Internet companies that are still around and indeed growing, despite a lingering tech wreck. The firm, which attracted $72 million in venture capital funding, announced last ...

Sorrento Networks finally finds enough shareholders to OK restructuring plan. (Cyberbucks).(Brief Article)

Jun 02, 2003; ... Sorrento's Deal OK'd: Sorrento Networks, the local maker of optical networking equipment used by large telecoms such as Cox Communications, finally got enough shareholders to pony up their proxies and approve its restructuring plan. But it took five consecutive meetings to reach ...

Merger slows. (Cyberbucks).(SYS Technologies)(AP Labs)(Brief Article)

Jun 02, 2003; ... A merger of like-sized, locally based defense contractors, SYS Technologies and AP Labs, which was announced in December, has slowed to the point that SYS appears to be throwing in the towel. In the company's recent SEC filing, it listed its expenses on the merger to be ...

RF Industries repurchases stock. (Cyberbucks).(Brief Article)

Jun 02, 2003; ... RF Industries, a local maker of coaxial connectors and cables, repurchased 752,167 shares of its common stock at $3 per share, which reduced the total amount of outstanding shares to 2,650,000. RFI's ...

Rack Saver gets $14 million. (Cyberbucks).(in first round of equity financing)(Brief Article)

Jun 02, 2003; ... San Diego-based Rack Saver, a provider of high-density rack computer servers, said it closed a first round equity financing ...

Tracking investments. (Cyberbucks).(Brief Article)

Jun 02, 2003; ... Capital Hunter is the latest firm tracking the flows of capital and financial investment into companies. Headed up by Dante Fichera, the local firm tracks debt and equity funding events on public and private firms regionally, nationally, and internationally, Fichera said. ...

SAIC secures NASA Space Plane project: General Atomics inks deal with Army for spy aircraft. (High-Tech).(Science Applications International Corp.)(United States National Aeronautics and Space Administration)(Brief Article)

Jun 02, 2003; ... Science Applications International Corp. says it has snagged $48 million in work on the spacecraft system that will follow the space shuttle. It's NASA's Orbital Space Plane project. San Diego-based SAIC will be the prime contractor on a team that will provide technical and ...

VACIS milestone. (High-Tech).(Science Applications International Corp.)(Brief Article)

Jun 02, 2003; ... SAIC also celebrated the delivery of its 100th mobile trailer-scanner May 30. The VACIS unit (pronounced "vak-ISS"), which SAIC builds in Escondido, uses gamma rays to get an idea of ...

Open me, heh heh. (High-Tech).(Brief Article)

Jun 02, 2003; ... By now, many Windows-based computer users realize emails from "support@microsoft.com" are bad news. They contain attachments that, when opened, infect a computer with malicious code. The culprit has a name. It's the Palyh Worm. Microsoft, which says it never ...

New digs. (High-Tech).(Batelle Memorial Institute)(Brief Article)

Jun 02, 2003; ... Ohio-based Batelle Memorial Institute, a technology developer that operates several Department of ...

Construction owners receive jail for tax, insurance fraud.(Brief Article)

Jun 02, 2003 ... The owners of various Southern California construction companies were sentenced May 20 after pleading guilty to felony charges of state income tax evasion, payroll tax evasion, and insurance fraud. In a negotiated plea agreement, Angel M. Leon and James W. Miller, also known as ...

Big pay raises ahead for Palomar Pomerado nurses: new contract will increase salaries up to 30 percent over 3 years. (Health Care).(Brief Article)

Jun 02, 2003; ... Nurses at the Palomar Pomerado Health district signed a three-year contract that calls for 30 percent salary raises in place of the current "merit" pay scale, as well as a new defined pension plan, staffing gains, and a ban on mandatory overtime. "This makes them among the ...

Vaccine hopes. (Health Care).(Scripps Clinic and Research Foundation)(Brief Article)

Jun 02, 2003; ... Scientists at the Scripps Research Institute believe they have solved the structures of a key protein involved in causing cholera, a major health problem in developing countries. The findings appeared in the May 23 issue of the medical journal Molecular Cell. ...

Transplant program. (Health Care).(Scripps Clinic)(Brief Article)

Jun 02, 2003; ... Dr. Christopher Marsh, chief of transplant surgery at Scripps Clinic in La Jolla, has added kidney and pancreas transplants to existing liver transplants. Marsh performed the three procedures at the University of Washington Medical Center in Seattle where was associate director ...

San Diego Public Stocks. (Marketplace).(Illustration)

Jun 02, 2003 ... <Pre> Marketplace SAN DIEGO PUBLIC STOCKS Data as of 05/23/03 STOCK PRICE Price Performance % Chg. 52 ...

Invitrogen Corp. (Proxy).(financial and other information on company)(Company Profile)

Jun 02, 2003 ... NASD--IVGN Invitrogen is a biotechnology company that makes kits to simplify and speed up gene cloning, expression, and analysis. Its TOPO TA Cloning Kit reduces one step in the cloning process that once took 12 hours to five minutes. Invitrogen's Echo Cloning System speeds the ...

San Diego Technology & Biotech 15.(Illustration)

Jun 02, 2003 ... <Pre> San Diego Technology 15 As of May 23, 2003 52 week Company Ticker Close High Low Qualcomm, Inc.QCOM$30.90 $42.89 $23.21 Gateway, Inc. GTW 3.08 6.36...

Hispanic Chamber head leaves for bank title. (Tips & Trends).(Robert Villarreal of the San Diego County Hispanic Chamber)

Jun 02, 2003; ... The head of the San Diego County Hispanic Chamber of Commerce is stepping down after three years on the job. Robert Villarreal has been president and chief executive officer of the chamber since June 2000. He leaves June 1.1 to take a job at Bank of America as market development ...

Scheduling mix-up nixes Davis, Gore attendance at Asian Entrepreneur event. (Tips & Trends).(Davis, Gray)(Al Gore)(National Asian Entrepreneur of the Year Awards)(Brief Article)

Jun 02, 2003; ... Now You See 'Em ...: An early press release for the National Asian Entrepreneur of the Year Awards stated Gov. Gray Davis would be the keynote speaker, and Al Gore was also scheduled to attend. Neither was there. Len Navarro, a spokesman for the event, said organizers were "85 ...

It's not too late. (Tips & Trends).(Brief Article)

Jun 02, 2003; ... Small firms that lost employees to service in Iraq can still get aid from the U.S. Small Business Administration. Small businesses can apply for a Military Reservist Economic Injury Disaster Loan if the owner or an essential employee was called up as a reservist. The deadline is ...

Small business. (Spotlight).(Summers Past Farms)

Jun 02, 2003; ... Marshall and Sheryl Lozier are the co-owners of Summers Past Farms, an herb garden, nursery, soap shop, and boutique in Flinn Springs, near Alpine. The five-acre farm, in Marshall's family for about 50 years, offers workshops on growing flowers, soap making, and more. They also hold ...

Paying your taxes when you're self-employed. (Small Business Help Line).(related article included)

Jun 02, 2003 ... Question: I'm self-employed. What do I need to do to be sure that I'm taking care of my income tax obligations? Answer: The United States and California have a "pay-as-you-go" system of paying your tax liability. For most individuals this occurs through income tax withholding ...

Tourist Attractions.

Jun 02, 2003 ... <Pre> TOURIST ATTRACTIONS Ranked by 2002 attendance figuresAttendance: 2002 Rank Atraction2001 (Last Address ...

San Diego Tourist Attractions are holding their own: attendance figures remain healthy despite slow economy.

Jun 02, 2003; ... This year's San Diego Business Journal List of Tourist Attractions is ranked on 2002 attendance figures. Out of 25 attractions, 10 had an increase in attendance, nine had a decrease, and six had about the same number of attendants. Total attendance at San Diego ...

San Diego: the perfect family getaway. (Advertisement).

Jun 02, 2003 ... San Diego is the ideal destination for families with children of all ages, offering a variety of family-friendly activities, world-class attractions and special events throughout the year. There are many reasons why San Diego is consistently rated one of the top family travel ...

Chula Vista, Port District debate future of parcel. (News & Trends).(Chula Vista, California)(San Diego Unified Port District)

Jun 02, 2003; ... The San Diego Unified Port District and the city of Chula Vista are carefully plotting out redevelopment of the last large parcel of land along San Diego Bay, which will occur over the next 20 to 50 years. The port-owned, 300-acre parcel is separate from San Diego-based Pacifica ...

Vacancy rates appear healthy across county. (News & Trends).(San Diego County, California)(Brief Article)

Jun 02, 2003; ... Industrial Market Report: Vacancy appears to be pretty healthy in the San Diego County industrial and R&D market, according to the San Diego office of Boston-based Colliers International. Vacancy rested at 6.56 percent at the end of the first quarter, according to the brokerage ....

Retail sale. (News & Trends).(Brief Article)

Jun 02, 2003; ... Bosc Group, a private investment group, sold its 121,000-square-foot Rancho San Marcos Village for $17.5 million. The shopping center, anchored by a Vons grocery store, is located at 62 1-625 Rancho Santa Fe Rd. in ...

$16.7 million in financing. (News & Trends).(Pacific Coast Capital Partners LLC finances loan through its affiliate Redwood Capital Finance Co.)(Brief Article)

Jun 02, 2003; ... Pacific Coast Capital Partners LLC, an El Segundo-based real estate investment firm and lender, financed a $16.7 million loan through its affiliate Redwood Capital Finance Co. for the refinance of Escondido Village. The ...

Downtown apartments open. (News & Trends).(St. Vincent de Paul Village opens Villa Harvey Mandel)(Brief Article)

Jun 02, 2003; ... St. Vincent de Paul Village has opened Villa Harvey Mandel. The 90-unit apartment building for elderly, disabled, mentally ill, and other individuals on fixed incomes is located at 17th Street and Imperial Avenue in Downtown San Diego. The 85 studios and five ...

Quality assurance. (News & Trends).(Brief Article)

Jun 02, 2003; ... Quality Built, a Poway-based quality assurance provider for the homebuilding industry, has been selected by the Olson Co. of Seal Beach to provide a quality assurance program for projects amounting ...

Carlsbad footwear firm acquires Montana boot company.(Brief Article)

Jun 02, 2003 ... A footwear company that recently moved its headquarters to Carlsbad has announced its plans to purchase a Montana-based shoe company. Phoenix Footwear Group, Inc., which trades on the American Stock Exchange as PXG, announced May 22 that it signed a letter of intent to acquire ...