The Island

BioTime announces new subsidiary BioTime announces new subsidiary BioTime announces new subsidiary Local biotech firm BioTime has announced the creation of a new subsidiary. The subsidiary, OncoCyte Corporation, will work toward creating cancer treatments based on stem cell technology. According to a company press release, a private investor has purchased three million common shares of OncoCyte for $2 million, [...]

Need I say more? The Island institution, which closed September 3 after an early morning kitchen fire, is up and running again. So you can once again stop by (they’re at 2322 Lincoln Avenue, at Park), or give ‘em a call, at 523-2400.

The Alameda County board of Women’s Initiative for Self Employment is seeking nominees for its Woman Business Owner of the Year award. The organization, which has provided comprehensive business training, loans and ongoing support to low income women who want to start and build sustainable, profitable businesses since 1988, has partnered with the San Francisco Business [...]

For 10 years, Monica and Miguel Trejo ran a coffeehouse in Oakland’s Glenview district that they believed they would someday own. But at the last minute, a long-lost nephew of the shop’s owner appeared, and the couple learned that it was not to be. Lucky for us. The couple packed their bags and headed across the estuary [...]

The city of Alameda has officially joined a growing group of cities and others seeking to make the East Bay a hub for green businesses. We’re becoming part of the East Bay Green Corridor Partnership, which is working together to try to bring and support green businesses here in the East Bay (and to pull in [...]

A tipster e-mailed earlier this week to let us know that Tiny’s, the cute little candy shop on Webster Street, and its companion Dock Cafe, have closed. I headed over there myself and peered in the window of two closed shops, and their contents were entirely cleared out. I talked with Dock owner Wendy DeWeerd in [...]

Updated 12:46 p.m. Thursday, June 4 Just got word that chipmaking giant Intel is going to acquire local tech firm Wind River Systems Inc. for $884 million. Under the deal, Intel will acquire all of Wind River’s outstanding common stock for $11.50 a share. The Alameda-based company, which makes embedded devices (that’s software that sits on the [...]

For more than three decades, Ed Clark has run Webster Pharmacy at its longtime location on Webster Street. But starting June 4, he’ll be operating out of the Safeway store at Alameda Towne Centre. “We’re going to be an independent pharmacy inside a grocery store,” Clark said. When asked about the reason for the move, Clark opened [...]

Alameda’s Economic Development Commission has set up some subcommittees to look at how to keep our local businesses going and to bring more businesses to Alameda. And they’re hosting a series of public forums to gather input from local business owners and representatives. The forums are from 8 a.m. to 9:30 a.m. Tuesday, May 19 in [...]

Sounds like Island-based Peet’s Coffee & Tea is bucking the trend toward bad economic news, posting positive financial results for the first quarter of 2009. The company showed first quarter diluted earnings per share of 23 cents, an increase of 53 percent from the previous year, on a net income of $3.1 million for the quarter. [...]

Looks like it’s official: InSite Vision’s stock is being delisted from the New York Stock Exchange. The delisting is effective as of Monday. Per a press release from the company on Business Wire: InSite Vision Incorporated (NYSE AMEX: ISV) today announced that the NYSE AMEX Listings Qualifications Panel (the [...]