Legislative session began amid uncertainty, ended with relief for Maui and taxpayers
Some bills that passed out of this year’s session had been years and even decades in the making. Read more
The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
Some bills that passed out of this year’s session had been years and even decades in the making. Read more
Over the last 45 years, it has raised over $47 million with Saturday’s total, which topped $2 million. Read more
Carlsmith Ball LLP has hired Kristin Y. Fujiyama as an associate at the firm’s Honolulu office, where she will be practicing in its tax and estate planning group. Read more
Buffett said he expected the conglomerate’s cash pile, which reached a record $189 billion last quarter, to continue growing. Read more
The Dallas-based airline, which operates an all-Boeing fleet, has been reeling from the U.S. planemaker’s ongoing safety crisis. Read more
Today’s stock gain added nearly $200 billion to Apple’s market capitalization. Read more
All three major U.S. stocks posted robust gains. Read more
The Labor Department’s closely watched employment report today also showed the unemployment rate rising to 3.9% from 3.8% in March amid rising labor supply. Read more
The IRS said it hired 13,661 people in fiscal 2023 using the Inflation Reduction Act funds. Read more
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Applications are open until May 31, with the next weekly session beginning in August. Read more
Bissen announced his proposal a day after the full state House of Representatives voted to send Senate Bill 2919 to Gov. Josh Green, who’s expected to sign it into law today. Read more
The Hawaii Employers Council has announced the appointment of Amy Hudson as its senior HR consultant. Read more
The connected-fitness company announced disappointing quarterly earnings Thursday, with revenue down 4% from last year. The company, which has not turned a profit since December 2020, is also looking to refinance more than $1 billion in debt. Read more
U.S. District Judge Amit Mehta peppered the Justice Department and Alphabet’s Google with questions during the first day of closing arguments in the government’s antitrust lawsuit against the online search leader. Read more
The new, joint expression of interest would make Sony a significant majority and controlling shareholder and Apollo a minority shareholder. Read more
The buyback is the largest in the company’s history, according to Investing.com analyst Thomas Monteiro. Read more
TikTok began removing Universal’s content from its app after their licensing deal expired in January and the two sides failed to reach agreement on royalties, AI and online safety for TikTok’s users. Read more
Data released today included muted jobless claims, a drop in planned layoffs, a surge in quarterly labor costs and a sharp deceleration in productivity. Read more
A jump last year in how much workers produce helped the economy grow fast and hiring remain strong while inflation fell nonetheless. Read more
Japan’s vice finance minister for international affairs, Masato Kanda, who oversees currency policy at the Ministry of Finance, told Reuters he had no comment on whether Japan had intervened in the market. Read more
Jason Maxwell, a Unite Here Local 5 union member, stood in front of the Royal Hawaiian Center with a megaphone Wednesday, yelling labor solidarity chants. Read more