The monthly Auto Lunch Bunch meeting that was scheduled for Monday at the Waikiki Yacht Club has been postponed due to a sink hole near the club that will not be fixed until Oct. 6. The next meeting will be Nov. 6.

For questions, contact event organizer Ed Kemper at 225-2965 or email him at edracers@aol.com.

Durable goods orders up 1.7% in August

WASHINGTON >> Orders for long-lasting manufactured goods rose a modest 1.7 percent in August, reflecting a rebound in the volatile aircraft sector. A gauge of business investment was up for a second month, providing hope that a revival in manufacturing is gaining strength.

Last month’s advance in orders for durable goods followed a 6.8 percent plunge in July, the Labor Department reported Wednesday. Both months were heavily influenced by swings in orders for commercial aircraft, which surged 44.8 percent in August after having plunged 71.1 percent in July.

A closely watched category that serves as a proxy for business investment posted a 0.9 percent gain in August after a 1.1 percent increase in July. Economists believe that U.S. factory output should continue rising in coming months, reflecting a rebound in the global economy.

ON THE MOVE

Coldwell Banker Pacific Properties has announced that Realtor associate Sam Paltikian is an independent agent for the firm’s Leeward office. He has more than 30 years of real estate experience as an owner/investor in California. Paltikian previously served as a president and chief executive officer at Fujitsu Media Devices of America.

Hawaiian Host Inc. has announced that Charles Nestle has been promoted to senior procurement manager. His responsibilities are to oversee the purchasing functions for the whole company, including Mauna Loa and Hawaiian Host brands. Nestle has been with Hawaiian Host Inc. for three years and was previously a commodities purchasing manager.