Kristin Varela is appointed chief investment officer
Kristin Varela, who has spent nearly 15 years in the institutional investment industry, has been appointed the new chief investment officer of the Hawaii Employees’ Retirement System. Read more
Kristin Varela, who has spent nearly 15 years in the institutional investment industry, has been appointed the new chief investment officer of the Hawaii Employees’ Retirement System. Read more
The 315-room Queen Kapi‘olani Hotel in Waikiki has been acquired by Financial Products Group Co., a financial services group in Japan that is publicly traded on the Tokyo Stock Exchange. Read more
’Tis the season for gift giving, but with 10 days left until the traditional deadline, finding something unique and thoughtful can be a challenge. Read more
Despite a possible recession looming in 2023, state residents have been able to dodge filing for financial relief, with the 78 cases in November marking the 10th time this year there have been fewer than 100 filings in a month. Read more
Texas-based Howard Hughes Corp. broke ground Tuesday on its ninth residential development in Kakaako. Read more
Oahu home sales continued to plunge and sellers scrambled to remain competitive in the wake of increasing mortgage rates that are upending the Hawaii real estate market. Read more
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Hawaiian Airlines will reconnect with the Cook Islands starting May 20 with a weekly flight between Honolulu and Rarotonga. Read more
In the eighth year under Glenn Medeiros’ oversight, the 176-year-old school has boosted its enrollment more than 50%. Read more
Scammers are always trying different ways to trick an unsuspecting person into running and installing malicious software on their computer so they can steal information, install ransomware or worse. Read more
Paulo-Leslie remains in police custody pending his initial court appearance scheduled Monday in Kona District Court. Read more
Kona-based microalgae products producer Cyanotech Corp. reported Wednesday that its sales plunged 45% in its fiscal second quarter due to a confluence of events that is prompting the company to tighten its cost structure. Read more
A raging West Maui brush fire tonight has scorched an estimated 850 acres in Kaualua Valley, prompted the evacuation of residents, and the closure of four schools Wednesday. Read more
Hawaiian Electric Industries Inc. topped $1 billion in quarterly revenue for the first time due to higher prices the electric utility is paying for fuel oil and strong loan growth from subsidiary American Savings Bank. Read more
It was Hawaiian Electric’s highest quarterly revenue since the third quarter of 2008. Read more
Hawaii bankruptcies continue to defy the odds and keep dropping even though most economists predict that the country is headed toward a recession early next year. Read more
The road to higher Hawaii auto sales in the near future appears rocky, but a new report on the local industry says there are two key positives that might stem a decline. Read more
Alexander & Baldwin Inc., the state’s second-largest retail property owner, reported Thursday that its total leased occupancy remained strong at 94.6% in the third quarter and that it is revising upward its outlook for the full year. Read more
Matson Inc. demonstrated its commitment to its long-term decarbonization strategy by announcing Wednesday it had signed contracts totaling $1 billion with Philly Shipyard Inc. to build three new liquefied natural gas-powered Aloha Class containerships. Read more
Maui Land & Pineapple Co. posted a narrower loss in the third quarter as revenue increased slightly from its leasing operations. Read more
Honolulu Freight Service, which transports cargo between North America and Hawaii, has bought the former Love’s Bakery headquarters at 911 Middle St. Read more
American Savings’ net income increased to $20.8 million from $19.3 million in the year-earlier quarter. The bank’s earnings jumped 18.8% from the previous three months. Read more