San Diego News

Wed, Jul 30, 2014

Before taking on the ocean or opposing counsel, Thomas Frost arrives prepared.


New emergency regulations are taking effect this week limiting outdoor water use in urban areas across the state, but nothing will actually change legally in the city of San Diego.


San Diego attorney Tami Vail has been named a partner with Liedle, Lounsbery, Larson & Lidl LLP.


HEALTH | MEDICAL

California has among the nation's highest individual health insurance premiums, according to a study released Tuesday by the online financial site WalletHub.


Reports of companies being hacked, national weapons programs being compromised, intellectual property (IP) being stolen, and ransomware (“CryptoLocker”) proliferating highlights the urgent need for a unified cyber security protection profile for us all.


San Diego architecture and design firms will create one-of-a-kind furniture pieces for auction at its Table for Tots fundraiser on Aug. 14.


Cubic Corp. (NYSE: CUB) announced two appointments aimed at strengthening its defense business unit worldwide.


Bigfoot Art Classes, in conjunction with the city of Temecula and the Temecula Public Library are offering several creative community enrichment classes during the month of August.


Transport for London (TfL) has confirmed the award of its ticketing and fare collection contract, starting in August 2015, to San Diego-based Cubic Corp.’s UK subsidiary Cubic Transportation Systems Limited following a competitive tender.


BIOTECH

Epic Sciences Inc., a San Diego private biotech company that designs and develops diagnostics in order to treat cancer, has appointed Gregory Lucier as chairman of Epic's board of directors.


Qualcomm Inc. (Nasdaq: QCOM) subsidiary Qualcomm Technologies Inc. has completed its acquisition of EmpoweredU, a developer of an intuitive, mobile-centric cloud-based learning platform.


Chicago-based GTCR, a private equity firm, announced Wednesday that it has acquired San Diego's cloud-based software firm Xifin Inc.


Natural Alternatives Intl. announced it has settled its unfair competition and patent infringement claims against DNP International Co. Inc., with DNP agreeing to immediately exit the beta-alanine business, Qualcomm Inc. announced that its subsidiary Qualcomm Technologies Inc. has taken a further step towards the vision of demonstrating how technology innovations can help address some of the challenges the education sector faces by completing the acquisition of EmpoweredU, a pioneer in the development of an intuitive, mobile-centric cloud-based learning environment that is both device and operating system agnostic, according to company announcements, SEC filings and Bloomberg News.


The following "Local Notes" appeared in The Daily Transcript's July 31, 1918 issue:
One protest, signed by Marcus W. Robbins, the well-know attorney of this city, has been filled with the state railroad commission against the granting of the petition of the local street car company for a 6-cent fare.


The 150,159-square-foot, industrial building at 2081 Faraday Ave. in Carlsbad 92008, has been sold for $21 million.


(Bloomberg) -- A three-building Beverly Hills office complex that includes the headquarters of Playboy Enterprises Inc. is being sold for $210 million, according to two people with knowledge of the agreement.


Home prices continued an upward trend in the first half of 2014 while the number of foreclosures declined from 2013 and the mortgage market returned to a majority purchase market. Some big commercial property sales occurred and Mission Valley still has room to grow.


While San Diego County's industrial market is growing stronger, by most accounts, some weak spots exist.


A virtual reality system that can be used with lightweight, wireless brain monitors to learn how the brain navigates and responds to spatial cues, may help design senior care centers better suited to how older people navigate, according to the spatial and navigational cues that work best later in life.


The first half of 2014 marked a turnaround for San Diego, with new leadership in City Hall, new funds to improve the city's infrastructure, new growth for companies' stock prices and a new strength in the local job market. There are still major challenges, especially since many of the new jobs in the city pay less than what was paid before the recession.


BIOTECH | TECHNOLOGY

San Diego ranks third on the list of top life sciences clusters in the United States, but the industry saw volatility in the first half of the year, with stocks that surged and then slumped. The first half of 2014 in the San Diego tech scene was filled with some welcome financial news and a call to arms for the startup community.


In the first half of the year, Obamacare and the VA hospital scandal dominated national news. In San Diego, health care facility construction continued to be an area of high activity, and there was news of shake-ups at two health groups and new regulations pertaining to medical marijuana.


There have been major shifts in San Diego’s hospitality industry in the first half of 2014, with new ownership stakes in where to dine, vacation and celebrate. Controversy over one of the city’s biggest visitor attractions and plans for the Balboa Park centennial also dominated headlines.


San Diego’s construction industry seems to be making a shift from residential to nonresidential as statistics suggest improvement in commercial and public projects. There is also future growth in the South Bay: Developers for project centerpieces are needed for the Chula Vista Bayfront Master Plan.


San Diego continues a steady recovery that has, in many aspects, beat expectations. Unemployment is down and household net worth is up. The IPO market is strong, retail sales are on the rise and bank performance has improved, paving the way for greater small-business lending. Still, many experts agree that the economy, housing markets and labor situation remain fragile.


Past corruption in some South Bay school districts was a continued focus through early 2014, but news with tie-ins to state budgeting for schools also made headlines.


Military needs are being reshaped as the U.S. armed forces undergo a period of transition amid a fiscally constrained environment. Industry partners have been asked to be adaptive and innovative in fulfilling escalating needs for reconnaissance and surveillance systems, unmanned vehicles and cybersecurity solutions -- for less money.


A campaign finance scandal, a contentious district attorney race and some controversial Supreme Court rulings were among the most talked about stories in the legal community for the first half of 2014.


After 11 years in real estate in the Escondido area, Jeff Erwin has a good idea of what homebuyers want.



5 DAY NEWS ARCHIVE

Special Reports

Top Attorneys - 2014

The Daily Transcript pays tribute to San Diego County's Top Attorneys.

San Diego Stock Exchange

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INSIDER TRADES

Last Updated 7/29/2014

ILLUMINA INC

Flatley, Jay T, CEO, Options Exercised
No. of Shares: 30,000
Date Filed: 07/24/2014

QUIDEL CORP

Bryant, Douglas C, CEO, Purchased
No. of Shares: 20,000
Date Filed: 07/24/2014

ILLUMINA INC

Bradbury, Daniel M, D, Options Exercised
No. of Shares: 2,100
Date Filed: 07/23/2014

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