70-year airport lease may fly with council.(OCEANSIDE)(Brief
article)
The City Council was scheduled to consider a lease with Los
Angeles-based Airport Property Ventures at its Oct. 8 meeting to operate
the municipal airport for 50 years plus two 10-year extensions.
. . .
Mariachis play, quartet fires up Mexican Grill.(IMPERIAL
BEACH)(Brief article)
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The mariachi music and ribbon cutting Oct. 3 made it official: The
I.B. Mexican Grill is open for business in the 1300 block of Palm
Avenue.
The eatery specializes in . . .
The Watermark Campus addition.(ground BREAKING)(MedImpact
Healthcare Systems)(Brief article)
WHAT: Construction of a $60 million, six-story professional
building for MedImpact Healthcare Systems. An official "shovel
dig" concluded the Sept. 15 ceremony with participation from
Sudberry . . .
Western Sizzlin goes for stake in Jack in the Box.
A stock-only swap offer by a Virginia-based steakhouse chain for
shares of Jack in the Box--traded on the New York Stock Exchange as
JBX--is uncommon and would represent only a small percentage of . . .
Once troubled Seacoast rises above gloom to post record
profit.(FINANCE)(Financial report)
Back From The Dead: A year ago, Rick Sanborn said you could have
called his bank, Seacoast Commerce Bank, "Dead Bank Walking."
Today, call it alive and prosperous.
For starters, the one-office . . .
$4.4m investment lands in SpaceDev's
backyard.(POWAY)(SpaceDev )(Brief article)
SpaceDev says it obtained a $4.4 million investment through the
sale of about 7,000 shares of its common stock to two investment groups,
OHB Technology and MT Aerospace, a subsidiary of OHB, which . . .
Football equipment deal fits Krypton like
glove.(CARLSBAD)(Krypton Sports)(Brief article)
Illinois-based Schutt Sports, which makes football helmets and face
guards, said Oct. 1 that it has reached an agreement with Krypton
Sports. Krypton will introduce a line of Schutt football gloves . . .
UCSD scientist shares Nobel Prize for molecular
research.(TECHNOLOGY)(University of California, San Diego)(Roger
Tsien)(Brief ar
UC San Diego chemist Roger Tsien will share the 2008 Nobel Prize in
chemistry for the discovery of green fluorescent protein and
groundbreaking work to develop fluorescent molecules that enter . . .
Banks still lending.(FINANCE)(Brief article)
Banks Still Lending: News about banks not making loans doesn't
apply to community banks, say local bankers.
"Our loan-to-deposit ratio is 95 percent, and for the third
quarter our loans grew by . . .
Governor signs authorization bill: Sandag to collect tolls for
second Otay border crossing.
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A second border crossing in the Otay Mesa area took a step closer
to construction recently when the state Legislature authorized the
regional transportation agency to . . .
Some cross over to see premier park opening.(VISTA)(Premier
Crossing)(Brief article)
Premier Crossing, a medical and professional office park, recently
held a grand opening at the corner of South Melrose Drive and Sycamore
Avenue.
The general contractor was Richard & Richard . . .
Emission revisions drive need for better buses.(SAN DIEGO)(Brief
article)
Proterra showcased its prototype HFC 35, a zero-emission,
hybrid-electric transit bus, at the American Public Transportation
Association exposition Oct. 6-8 at the downtown Convention Center.
The . . .
Sony moving HQ for reading device to SD from
Japan.(TECHNOLOGY)(headquarter)(San Diego)(Brief article)
Reading Devices: Last week, Sony announced it was moving operations
for its portable reading device from Japan to San Diego, the home of its
North American headquarters. The move comes because . . .
JP Morgan Chase and WaMu said customers can withdraw funds or
check balances from the combined banks' 14,000 ATMs without
fees.(
Small Change: JP Morgan Chase and WaMu said customers can withdraw
funds or check balances from the combined banks' 14,000 ATMs
without fees. As computer systems are converted, they will soon have . . .
Airlines adjusting fares, services to fluctuating oil prices,
demand: overall passenger numbers down at Lindbergh field.
With oil prices lower and demand for air travel in decline, the
burning question is whether airline fares will also drop.
Not right away, one analyst predicts.
"Fares are entering a confusing . . .
Kitchen addition part of $25m resort upgrade.(DEL
MAR)(L'Auberge de Sedona (Sedona, Arizona) plans to open kitchen
next month)(B
L'Auberge resort plans to open Kitchen 1540 next month. The
fine-dining restaurant is expected to serve dinner starting Nov. 4 and
breakfast and lunch beginning Nov. 24.
The addition of the . . .
Bank on getting good info at fairly timely fair.(EL CAJON)(Brief
article)
The fourth annual East County Homeownership Fair, sponsored by U.S.
Bank, is set for Nov. 1. The event will offer information about
preventing foreclosure and provide counseling for distressed . . .
Brent Altomare.(EXECUTIVE profile)(Groovy Like A
Movie)(Interview)
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Brent Altomare owns Groovy Like A Movie, a San Diego
"green" movie production company.
BUSINESS PHILOSOPHY
Essential business philosophy: Behave ethically and offer the . . .
Temecula Valley Bancorp.(Small Change)(Brief article)
Temecula Valley Bancorp is suspending its regular quarterly cash
dividend following payment of the dividend paid on Oct. 15. TVB's
board decided current economic conditions require prudent . . .
FDIC raising premiums to buffer impact of bank
failures.(FINANCE)(Federal Deposit Insurance Corp.)
San Diego bankers agree that more bank failures are coming, but say
the nation's bank deposit insurance program should be able to
withstand the hits.
"There will be more bank failures, but . . .
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