Daily Business Report: May 10, 2024
Empowering voices: Sally Ride Science hosts
the sixth annual Women in Leadership event
By Jennie Van Meter
Sally Ride Science, a nonprofit organization based at the University of California San Diego, is gearing up for its sixth annual Women in Leadership event on May 23, 2024, at the UC San Diego Price Center East Ballroom.
This event brings together a panel of women leaders to share their personal stories and visions on how women can help guide us to a better future.
This year’s panel includes Ina Garten, cookbook author, television host, and former White House budget analyst; Michelle K. Hanabusa, founder and creative director of UPRISERS® and co-founder of Hate Is A Virus; and Margot Lee Shetterly, author of the No. 1 New York Times Bestseller “Hidden Figures,” which inspired a No. 1 hit film. Award-winning author and journalist Lynn Sherr will moderate the discussion.
The event is sponsored by the Vertex IWILL Employee Resource Network (Inspiring Women in Leadership and Learning) and the UC San Diego Office of the Chancellor.
____________________________________
California’s Cap-and-Trade program funds
$28 billion in climate investments over last decade
California’s cap-and-trade program has funded $28 billion in climate investments – delivering more than half a million projects across the state, supporting 30,000 jobs and cutting millions of tons of carbon emissions. In just 10 years, California’s climate investments have wiped out emissions equivalent to taking 80 percent of the state’s gas cars off the road. That’s according to a new report released by the state, which comes just ahead of national Infrastructure Week.
California has funded $28 billion in climate investments in the last 10 years, already delivering $11 billion to more than half a million projects that fight climate change and cut pollution. The remaining $17 billion will fund more projects in the coming years. The investments include a wide range of solutions such as putting affordable housing near job centers, building the nation’s first high-speed rail, and adding zero-emission transportation options in underserved communities.
____________________________________
Daikin Applied announces plans for new
energy-efficient manufacturing plant in Tijuana
Daikin Applied, a leading global commercial and industrial HVAC manufacturer, announced plans for the construction of a new energy-efficient manufacturing facility in Tijuana, Mexico. In partnership with its subsidiary Alliance Air Products, the San Diego-based leader in custom air-handling equipment design and manufacturing, Daikin Applied is expanding its manufacturing capabilities to support sustainable data center growth across North America. The new 460,000 square-foot facility will expand on Daikin Applied and Alliance Air’s established presence in Tijuana, Mexico.
____________________________________
California Western School of Law removes itself
from U.S. News and World Report rankings
California Western School of Law will no longer participate in the U.S. News and World Report rankings promise, according to Dean Sean M. Scott.
“California Western enjoys a reputation for preparing students to make an immediate impact upon entering the workforce and to lead careers of consequence, “ Scott said in a prepared statement. “Our mission has long emphasized the importance of using the law to solve human and societal problems, and of training lawyers who represent the diversity of the communities and clients they serve.”
The U.S. News and World Report methodology conflicts with these goals by penalizing schools that focus on public service and a holistic review of each admissions applicant, said Scott. “As we deepen our commitment to building a truly equitable community and to diversifying the legal profession, the gap between the goals of the rankings and those of our institution continues to widen. And while we work to broaden the school’s national visibility, we will do so based on our values and our merits.”
____________________________________
San Diego native featured in new documentary ‘The Blue Angels’
For decades, the U.S. Navy’s Blue Angels flight demonstration team has brought its daring aerobatics to airshows around the world. The upcoming documentary feature, “The Blue Angels,” goes behind the scenes and brings the show to IMAX theaters and home to fans worldwide
Petty Officer 1st Class Miguel LaureanoGaribaldi, a native of San Diego, served with the Blue Angels squadron and is among those featured in the film. The movie is set for release in IMAX Theaters on May 17 and will be streaming on Amazon Prime on May 23. Garibaldi is a 2010 graduate of Mar Vista High School.
“Growing up, my parents often moved because of their jobs, so I went to many different schools,” said LaureanoGaribaldi. “I had to learn to adapt quickly to new experiences, scenarios, people, etc., to be successful. This definitely helped me once I joined the Navy. I thrived and overcame the challenges I had to face.”
The documentary follows aviators new to the Blue Angels through the rigorous training process required to perform with the team and keep up with the nonstop pace of the airshow season. It also highlights those winding down their time with the squadron before moving on to their next assignment. Additionally, the film delves into the tireless work of the maintainers who keep the aircraft show-ready and the behind-the-scenes staff who keep the show moving forward.
____________________________________
Planful to showcase leading financial performance experts
Planful Inc., the pioneer of financial performance management cloud software, announced the complete speaker lineup, session and training schedule, and participating sponsors for
Planful Perform24, the company’s annual user conference. At the event, business leaders can explore a world of planning possibilities, learn how to break through legacy limitations, and find new ways to achieve financial success. Perform24 takes place May 14-16, 2024, at The Sheraton San Diego Hotel & Marina.
____________________________________
Speakeasy Co. unveils 2023 eCommerce Year in Review
Speakeasy Co., the leading eCommerce platform for alcohol brands seeking to navigate the complexities of the digital marketplace, announces the release of its 2023 eCommerce Report. This comprehensive analysis was crafted by Speakeasy’s expert marketing team, who consistently publish case studies on the success of their digital marketing strategies for alcohol clients. The new report offers invaluable insights into consumer behavior, emerging beverage trends, and the evolving landscape of digital advertising.
Cordial releases suite of new product enhancements
Cordial, the leading enterprise marketing platform that automates billions of data-driven emails, SMS and mobile app messages for companies like Tillys, Realtor.com and REVOLVE, has released a suite of new product enhancements designed to help brands accelerate marketing integration, optimize strategies based on business KPIs and leverage AI for customer understanding. These innovations empower marketers to enhance customer connections and improve efficiency and productivity. Learn more.
TSIA launches the newest set of Research Journals
TSIA ( Technology & Services Industry Association), the leading research and advisory firm for technology and service organizations, announced their latest round of Research Journeys, tackling the toughest business challenges facing the technology industry. Each TSIA Research Journey combines in-depth research methodologies with modern business frameworks and the expertise of TSIA professionals, undertaken over a six-month period.
BNBuilders wins 2024 AGC National Construction Safety Excellence Award
BNBuilders has been awarded the 2024 AGC National Construction Safety Excellence Award in the 1 million to 2.5 million man-hours category. This is their fourth time winning first place in their category. BNBuilders employs a number of strategies, technical and collaborative, to guarantee the safety of every craft member. In addition to the Total Worker Health program, BNBuilders employs a number of strategies, both technical and collaborative, to guarantee the safety and wellbeing of every craft member.
New map sheds light on firearm suicide crisis across California
The Hope and Heal Fund, a donor collaborative working to reduce firearm-related deaths, injuries, and trauma, with support from the W.K. Kellogg Foundation and in partnership with RomoGIS Enterprise, released a new GIS map on California Firearm Suicide from 2016 to 2022. This map compares firearm suicides and homicides by county, enabling community-based organizations and local governments to create targeted strategies for reducing injuries and deaths.
Mindgruve named 2024 Google Premier Partner for 4th consecutive year
Mindgruve, one of the fastest-growing digital marketing agencies in the U.S., has achieved 2024 Premier Partner status in the Google Partners program for the fourth consecutive year. This accomplishment represents the highest level attainable for agencies, granting Mindgruve clients exclusive access to prime business growth opportunities across Google services. The Google Partners program empowers agencies with essential training, support, and tools for client success, making them more competitive.
BAE celebrates its best ship repair supplies for 2023
BAE Systems recently honored the best suppliers and subcontractors to its Ship Repair business for 2023 during a “Partner2Win” Supplier ceremony in San Diego. The company saluted 125 suppliers that successfully supported maintenance, modernization, and refit projects aboard U.S. Navy ships and commercial vessels. This year’s top ship repair supplier awards went to United Rentals Inc. (URI), of Stamford, Connecticut; and to Standard Calibrations Inc. (SCI), and Potomac Environmental Inc. (PEI), both of Chesapeake, Virginia.
HCAP Partners elevates investment team
HCAP Partners, a California-based private equity firm and nationally recognized impact investor, announced the promotion of Jessica Kim and Ben Consoli to vice president and the addition of Senior Associate Chenjing Wang to its investment team. The promotions of Jessica and Ben and hiring of Chenjing signify the continuation of the firm’s growth. As HCAP expands its impact in 2024 and beyond, their collective passion and expertise will be invaluable to the firm’s success. Since its founding, HCAP has managed more than $670 million and invested into more than 65 companies.
Oncolytics to take part in 2024 RBC Capital Markets Global Healthcare Conference
Oncolytics Biotech Inc., a leading clinical-stage company specializing in immunotherapy for oncology, announced that Dr. Matt Coffey, resident and chief executive officer, will participate in a fireside chat at the 2024 RBC Capital Markets Global Healthcare Conference, which is taking place May 14-15, 2024 at the InterContinental New York Barclay in New York, NY. Additional details on the fireside chat can be found here.
Avidity Biosciences receives FDA Breakthrough Therapy designation
Avidity Biosciences Inc., a biopharmaceutical company committed to delivering a new class of RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCs), announced that the U.S. Food and Drug Administration has granted Breakthrough Therapy designation to delpacibart etedesiran (AOC 1001), the company’s lead clinical development program, for the treatment of myotonic dystrophy type 1. Delpacibart etedesiran, abbreviated as del-desiran, is an investigational treatment designed to address the root cause of DM1, an underrecognized, progressive and often fatal neuromuscular disease with no approved therapies.
FM Global launches Renewable Energy Unit
Commercial property insurer FM Global announced the launch of a Renewable Energy unit to help clients in the transition to alternative energy through research and innovation, and to support the overall advancement of the renewable energy industry. FM Global unveiled the new initiative as part of its presence at the RISKWORLD conference in San Diego this week, announcing leadership for the new unit and disclosing that it will begin offering a renewable energy insurance product later this year.
Cetera appoints Marten Hoekstra to board of directors
Cetera Financial Group,the premier financial advisor Wealth Hub, announced that Marten Hoekstra has joined its Board of Directors. Hoekstra has nearly 30 years of experience in leadership roles at UBS and its predecessor firm PaineWebber and has a deep understanding of the wealth management industry. As the newest member of Cetera’s Board of Directors, he will be instrumental in guiding Cetera’s organic growth strategies through recruitment, retention and asset growth.
____________________________________
