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Philippine air carriers poised to raise fares

Airlines in the Philippines are under pressure to raise ticket prices to offset rising fuel costs and the peso’s plunge to an almost 12-year low, risking lower demand from travelers also hurt by the currency’s decline. Read more

Group ends bid for Toys R Us stores

California toy mogul Isaac Larian said Monday he has given up his effort to buy several hundred Toys R Us stores from the bankrupt retailer after he and the company’s debt holders were unable to reach an agreement. Read more

Hawaii County solar permits increased 21 percent in April

The number of photovoltaic permits issued in Hawaii County rose 21 percent in April before Kilauea Volcano erupted earlier this month and flowing lava sent thousands of people fleeing from their homes. Read more

Tesla CEO predicts profit despite big loss

Tesla’s record net loss in the first quarter and fast-burn through millions of dollars is raising questions about the company’s ability to pay all its bills. Read more

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