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San Diego office InventHelp, Innovation Services, a company that provides patent services for inventions, has announced several new inventions for local residents with business potential.
The company said in a press release that Santi has created Translucent Glass, a self-adjusting window tint technology that reduces glare and increases comfort and safety in vehicles and homes. The design is suitable for a variety of applications, including cars, households, businesses and ships, and helps keep interiors cooler.
“I thought there should be a way for windows to adjust themselves for eye protection and a completely glare-free view,” the inventor said. “My design can also make your vehicle or home cooler and more comfortable during sunny weather.”
The San Diego-based company has introduced Hush Candles, a safer alternative for candle lovers, which includes a self-extinguishing feature to prevent fires.
And the company also announced that a Riverside County inventor has created what it calls the “Original Sand Stop” to prevent sand from getting into engine bays. The patent-pending company claims that the design “saves time and effort, prevents wind-blown sand and dirt, which increases comfort, convenience and hygiene.”
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The latest story every week La Jolla Light reported that San Diego City Council A new rule by the California Coastal Commission has been passed by the California Coastal Commission that requires beach restaurants to return parking spaces taken by outdoor dining areas on the street. This requirement addresses the Commission’s concerns regarding public access to coastal areas. The restaurant owners said the outdoor dining areas have been successful and now they are worried about restoring the parking lots.
The new regulations will be implemented in the “coastal impact area” and are expected to be implemented by July – pending final details. Under the council’s move, beach businesses will be required to obtain special two-year permits and pay a fee to build dining structures through public right-of-way.
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San Diego office president Chris Thorne Gary Sinise Foundationhas been appointed as the new CEO North San Diego Chamber of Commerce. Thorne succeeds Debra Rosen, who retired after serving as the chamber’s top executive for the past 14 years.
He said Thorne’s background in nonprofit leadership, human resources, small business ownership and military service made him the perfect fit for the position. According to the website of the Chamber of Commerce.
Thorne is a 30-year military veteran who helped launch a startup focused on helping transitioning military personnel and their spouses succeed with post-military careers.
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Housing affordability hit a new high last week as mortgage rates rose amid uncertainty over Washington’s extension of the federal debt ceiling. That’s according to a new report from tech-enabled real estate brokerage Redfin. With a deal between Republicans and Democrats over the weekend, rates are expected to begin to be discussed this week.
Daily average rates hit 7.12 percent on May 25, the highest level since November, according to Redfin. The typical US homebuyer’s monthly mortgage payment with a 6.57% mortgage rate tops $2,614, the current weekly average.
Pending home sales fell year-over-year in all 400 metro areas analyzed by Redfin, drawing on data from the four-week period ending May 21. They declined the most in Seattle (-33.1%), San Diego (-32.4%), Portland, OR (-30.5%), Sacramento, California (-30.3%) and Milwaukee (-30.3%).
New listings also declined in all metros that Redfin analyzed for its latest report. Listings fell the most in Seattle (-41.7%), Las Vegas (-41.5%), San Diego (-39.7%), Oakland (-39.5%) and Anaheim (-38.3%).
Home sellers offered offers to buyers for 42.9 percent of U.S. home sales in the three months ended April 30, up from 25.5 percent a year earlier, according to another report. That’s just shy of the record high of 45.6% set in February.
The highest discounts were in Phoenix (68.5%), San Diego (66.1%), Raleigh (64.6%), Las Vegas (59.1%) and Denver (58.1%). These are all areas where home buying demand increased during the pandemic and is now declining.
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Related real estate news S&P Dow Jones Indices He announced the latest results for him Case-Shiller index, according to experts, is one of the main indicators of US home prices. Nationally, home prices in 20 major metro markets rose month-over-month, according to March data.
Miami, Tampa and Charlotte posted the largest year-over-year growth among 20 cities in March. Miami led the way with a 7.7% year-over-year price increase, followed by Tampa with a 4.8% increase, and Charlotte Atlanta in third with a 4.7% increase. San Diego had a 2.5% increase in March over February, but was still down 5.3% from the same period a year ago.
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San Diego Biotech IlluminaA maker of gene-sequencing machines says it recently conducted a “real-world” study that found cancer patients who undergo comprehensive genomic testing have better outcomes..
The study presented on American Society of Clinical Oncology A June 2-6 annual meeting in Chicago shows that CGP can lead to improved survival for cancer patients, according to a news release.
CGP is a type of genetic test that identifies mutations in a patient’s DNA. These mutations can be used as a therapeutic target for drugs designed to attack cancer cells.
A study from Illumina found that CGP was associated with a significantly higher survival rate in patients with advanced cancer. The study also helps identify patients who may benefit from CGP targeted therapy.
“These discoveries are a big step in the fight against cancer,” he said Phil Febbo“CGP helps identify patients who may benefit from targeted therapy, and can help guide treatment decisions,” said Illumina’s chief medical officer. We are committed to working with the medical community to make CGP more widely available to cancer patients.
Illumina claims to be a global leader in DNA sequencing and array-based technologies in its corporate filings. The company’s products are used in a variety of applications, including cancer research, clinical diagnostics and personalized medicine.
The company has been in the news of late as New York corporate mogul Carl Icahn is trying to take control of the board and the company. Icahn said the current management mismanaged the company through a series of mergers that resulted in the loss of tens of billions of dollars in stock value.
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Finally, this item of note. International public relations organization Chance Found a local public relations firm BAMIt focuses on venture-backed and established and technology companies. The acquisition will accelerate LLIC’s aggressive growth strategy and double its size in the US, according to a news release. Rebecca Bamberger, a well-known local tech entrepreneur, is the owner of BAM.
Tom York is a Carlsbad-based freelance journalist who specializes in writing about business and the economy. If you have news tips to share, send them to tom.york@gmail.com.
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