Hawaiian Airlines will expand to daily service on its nonstop Seoul-Honolulu route for the winter season.
The state’s largest carrier said Monday the additional service — up from five days a week — will be from Jan. 14 to Feb. 6.
Hawaiian has carried more than 800,000 passengers on the route since launching service in January 2011.
Netflix stock flops as subscriber growth slows
SAN FRANCISCO >> Netflix is adding subscribers at a slower pace than envisioned, renewing fears that its growth could sputter as the video streaming service tries to fend off fiercer competition. The numbers released Monday mark a rare letdown for a company that has enthralled investors with its ability to consistently top expectations.
But Netflix missed its target badly in the April-June period, causing its high-flying stock to plummet by about 14 percent to $345.63 in extended trading. The shares had more than doubled before the sell-off. If the stock plunges on the same trajectory during today’s regular trading session, it will be the steepest drop in nearly four years.
The company gained 5.1 million subscribers worldwide during the quarter, more than 1 million below the expected number. As of June 30 Netflix had 130 million subscribers.
New tariffs could hurt tilapia’s popularity
Tilapia’s rise to ubiquity across U.S. restaurants and seafood aisles over the past decade has been rapid. Now that the Trump administration has targeted Chinese seafood with a 10 percent tariff, its golden age may be coming to an end.
The fish, popular for its mild taste and low cost, is among the estimated $200 billion of items that could rise in price for U.S. consumers as President Donald Trump aims to erase the nation’s long-standing trade deficit. Now importers and distributors are on high alert to see whether tilapia emerges unscathed from a public-comment period on the proposed tariffs.
If not, the product could become an example of how even minor cost increases can reverberate across supply chains and economies as the hospitals, nursing homes and schools that buy frozen Chinese tilapia are forced to look elsewhere for cheap protein — or pay more.
ON THE MOVE
RevoluSun has promoted David Gorman to president and general manager of RevoluSun Smart Home. He is responsible for RevoluSun Residential Division day-to-day operations and oversees all business development, residential sales and construction. Prior to joining RevoluSun, Gorman served nearly 10 years at Pequot Capital and Capital IQ, now a division of Standard and Poor’s, located in New York and San Francisco.
The Hickam Federal Credit Union has announced that Scott Kaulukukui is its new president and chief executive officer as of Monday. He previously served on the executive management team of HawaiiUSA Federal Credit Union for the past 20 years. Kaulukukui’s experience at the credit union includes serving in operations management, business development, public relations, strategic planning, finance, membership growth and marketing and branding.
