Territorial Savings finalizes merger with L.A.-based bank
Holding company Territorial Bancorp Inc. has officially changed ownership after Los Angeles-based Hope Bancorp Inc. finalized its merger with Hawaii’s fifth-largest bank. Read more
Holding company Territorial Bancorp Inc. has officially changed ownership after Los Angeles-based Hope Bancorp Inc. finalized its merger with Hawaii’s fifth-largest bank. Read more
Hawaii’s 3.0% unemployment rate in February was tied for the fifth lowest in the country, according to the U.S. Bureau of Labor Statistics. Read more
Hawaii’s job market continues to be a picture of consistency. Read more
Auto sales in Hawaii ran out of gas and fell 3.2% in 2024, but this year’s outlook is seen as promising yet fraught with uncertainty. Read more
Hawaii’s unemployment rate continues to rank among the lowest in the nation as the job market in the islands remains steady. Read more
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Hawaiian Airlines’ pending $1.9 billion sale to Alaska Airlines was praised by industry analysts and experts as a positive development that is expected to receive clearance by the U.S. Department of Justice and benefit the flying public. Read more
Hawaii’s unemployment rate dipped to 3.0% in June, its lowest level in more than three years, and is expected to keep heading lower as the state’s economy strengthens. Read more
Matson Inc. said shipping demand picked up in the second quarter from the first three months of the year, and expects business to improve through 2023. Read more
Target will hold a grand opening Sunday at Windward Mall in Kaneohe for its fifth store on Oahu and eighth overall in the state. Read more
Hawaii bankruptcies continue to remain historically low, but local attorneys say the number of monthly filings belie the reality that many consumers are in financial straits. Read more
Oahu homebuyers snapped up properties at a relatively quick pace in June as the housing market cooled from a year ago amid a dip in prices. Read more
Cyanotech Corp., a Kona-based producer of health dietary supplements from microalgae, swung to a loss of $1.4 million in the fourth quarter from a profit of $277,000 in the year-earlier period as sales dropped significantly. Read more