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Business
Renewable energy goals face questionsA state goal of obtaining 70 percent of energy from renewable resources may be too ambitious, with most scenarios studied by consultants showing Hawai'i falling short of reaching that mark by the year 2030. More Isle tech jobs grew faster than restJob growth in Hawai'i's high-tech industry grew at a faster rate than in the overall economy, according to the preliminary report by a local trade group. More Report ranks Honolulu tax burden for travelers lowestHonolulu got good marks for the low tax burden imposed on travelers, according to a recent study by the National Business Travel Association. More Coming eventsHOUSING BOOM TO WALL STREET CRISIS: How Real Estate and the Financial Markets Intertwined, lecture at Tax Foundation of Hawaii annual luncheon, noon at Ala Moana Hotel; Todd Lee, executive director of the Global Capital Markets Division of Morgan Stanley, will discuss macro housing issues,... More A goat-based, Maui-made success storyThomas and Eva-Maria Kafsack's dream retirement was to move from their native Germany to Maui and open a bed-and-breakfast and horse-boarding stable on a ranch in Upcountry Maui. More GM offers discounts of about 10% — even on some '09 modelsNEW YORK — General Motors Corp. said yesterday it will extend employee discounts to everyone on almost all of its 2008 and some of its 2009 models as it seeks to clear its remaining inventory of 2008 vehicles. More Inflation, rising at fastest pace since 1981, now 'way too hot'WASHINGTON — Wholesale inflation soared in July, with prices rising at the fastest pace in nearly three decades. While recent declines in oil and other commodity prices raise hopes inflation may have peaked, some economists worry about the widespread nature of the July price surge and caution it... More Batteries blamed in Nano meltdownsSEATTLE — Apple Inc. said yesterday that batteries from a single supplier are to blame for the meltdown of some models of its tiny iPod Nano music player. More Waikiki hotel now a Best WesternThe Aqua Coconut Waikiki has been converted into a Best Western hotel. More Circuit City says sale of company still a possibilityRICHMOND, Va. — Circuit City Stores Inc. said yesterday it's still considering a sale of the company four months after the consumer electronics retailer first announced it was reviewing its options to improve shareholder value. More HMSA posts another loss, but Kaiser profitsThe state's largest health insurer continued to struggle with rising costs during the second quarter, posting its sixth consecutive net loss over an 18-month period. More Ex-HawTel chief to head Internet service companyFormer Hawaiian Telcom Chief Executive Officer Michael Ruley was named CEO of a Chicago-based Internet service company. More Building up Easter Seals, community and loving itJohn Howell brought a wealth of private-sector experience to his job as chief executive officer of Easter Seals of Hawaii, a position he has held for 15 years. More Domestic automakers slip in poll of U.S. buyersNEW YORK — U.S. car buyers are growing less satisfied with their purchases from domestic automakers while their Asian and European competitors continue to improve, according to a recent survey. More JAL seeks about a 10% fare increase, citing higher costsJapan Airlines is requesting a fare increase of about 10 percent for travel between Japan and Hawai'i and other overseas destinations. More Some savers cry foul over government's bailoutsWASHINGTON — Two giant mortgage companies get into hot water over risky investments. The government steps in to throw them a lifeline should they need it. More Bailout fears sink Fannie, FreddieWASHINGTON — Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario into reality. More Trade WindsHawai'i's Better Business Bureau has announced the election of its 2008-2009 board of directors and officers: chairman, Wayne Kirihara of Central Pacific Bank; first vice chair, Hoyt Zia of Hawaiian Airlines; second vice chair, Susan Ing of Bank of Hawaii; secretary, Phil Sammer of 'Ilima Hotel;... More Coming eventsHOUSING BOOM TO WALL STREET CRISIS: How Real Estate and the Financial Markets Intertwined, lecture at Tax Foundation of Hawaii annual luncheon, 12 p.m. at Ala Moana Hotel; Todd Lee, executive director of the Global Capital Markets Division of Morgan Stanley, will discuss macro housing issues,... More Morrison re-elected as PECC chairEast-West Center President Charles E. Morrison was elected to a second term as chair of the Pacific Economic Cooperation Council. More 1999 Vioxx study was marketing tool, report saysTRENTON, N.J. — A 1999 Merck & Co. study of its since-withdrawn painkiller Vioxx, touted to participating doctors and patients as meant to show whether Vioxx caused fewer stomach problems than another drug, was primarily a stealth marketing strategy, researchers report. More |
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