Segal came to Honolulu in 1998 from Tokyo where he spent three years with Pacific Stars and Stripes, with his last position there as news editor. Prior to that he was business news editor of the Alameda Newspaper Group, whose flagship paper is the Oakland Tribune; and was assistant sports editor, assistant features editor and assistant business editor at The Sacramento Union. While in Sacramento, Segal wrote a twice-weekly TV/radio column and covered the Oakland A's and San Francisco Giants, including three World Series; as well as college football, college basketball and pro tennis.
Segal graduated from San Diego State University after receiving a Sigma Delta Chi journalism scholarship. He is an avid tennis player, swimmer and sports enthusiast. Segal is married with one daughter and one stepson.
Hawaiian Electric Industries Inc. boosted its earnings 8% in the fourth quarter and 24.4% for the year as now-retiredPresident and CEO Connie Lau capped off her 37-year career with the HEI family of companies. Read more
No pain, no bankruptcy. With Hawaii residents apparently feeling financially healthy, the number of bankruptcy cases declined in January for the ninth straight month as the state’s economy continued to improve. Read more
Hawaii’s neighbor island housing markets reported mixed numbers in January after setting median sale price records in 2021 for single-family homes and condominiums. Read more
Already one of the most expensive places to live in the country, Hawaii became even costlier during the past 12 months with energy and food fueling a 6% increase in Honolulu area consumer prices. Read more
The massive shortfall in the state Employees’ Retirement System pension fund significantly dropped last fiscal year thanks to the best investment performance in the portfolio’s 96-year-history. Read more
American Savings Bank’s earnings surged 41.3% in the fourth quarter amid double-digit deposit growth and the release of $3.5 million from its loan-loss reserve. Read more
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Territorial Savings Bank’s net income sank 24% in the fourth quarter as income from the sales of securities and loans declined and the company released less money from its loan-loss reserve than it did in the year-earlier quarter. Read more
Hu Honua Bioenergy LLC, which has been entangled in a multiyear fight to begin operating a biomass plant on Hawaii island, will have its case heard before the Hawaii Supreme Court for the third time as it attempts to win approval from the state Public Utilities Commission for the $474 million project. Read more
Central Pacific Bank boosted net income 83.4%, increased its dividend for the second consecutive quarter and announced an investment in a new financial technology company that plans to launch a nationwide consumer banking app combining checking, credit and more into one integrated account. Read more
Hu Honua Bioenergy LLC, which has been entangled in a multiyear fight to begin operating a biomass plant on Hawaii island, will have its case heard before the Hawaii Supreme Court for the third time as it attempts to win approval from the state Public Utilities Commission for the $474 million project. Read more
Hawaiian Airlines said it ended 2021 with strong demand and positive signs of recovery in domestic travel but that it has delayed ramping up service to Japan until the second quarter due to the lingering omicron variant. Read more
Hawaii’s unemployment rate dropped sharply in December to a 21-month low of 5.7% as the state’s economy continued making significant strides in recovering from the nearly 2-year-old pandemic. Read more
Hawaii’s unemployment rate dropped sharply in December to a 21-month low of 5.7% as the state’s economy continues to recover. Read more
The state’s second-largest bank said today that net income rose to $63.8 million, or $1.55 a share, from $42.3 million, or $1.06 a share, in the year-earlier quarter. Read more
The state’s largest bank reported net income in the final three months of the year fell 7.6% to $57 million, or 44 cents a share, from $61.7 million, or 47 cents a share, in the year-earlier period. The results beat analysts’ consensus estimate of 47 cents a share. Read more
Matson Inc. continued to benefit from strong demand for its China service and announced Wednesday that it expects its net income in the fourth quarter to jump more than fourfold. Read more
Hawaii bankruptcies shriveled to a 15-year low in 2021 as the state received an infusion of federal aid and overcame a tumultuous 12 months beset by COVID-19 variants delta and omicron as well as a labor shortage and international travel restrictions. Read more
Hawaii’s largest public pension fund, coming off its best performance in its 95-year history, continued its momentum by starting the new fiscal year on a positive note. Read more
Just when it looked like Hawaii’s economy was going to make significant strides toward recovery, the emergence of the omicron variant, renewed international travel restrictions and higher inflation have dampened the state’s rebound. Read more
Hawaii’s unemployment rate fell in November to a 20-month low as the state’s labor market continued to improve despite an ongoing worker shortage. Read more
There are help-wanted signs all across the state, but apparently Hawaii residents have been comfortable enough in their financial situations to stay out of the labor force. Read more
