U.S. economic growth was revised down slightly to a still-solid 2.5 percent annual rate in the final three months of last year, as business spent less on investment and restocking shelves than the government had previously estimated. Read more
President Donald Trump has reached an informal deal with Boeing to provide the next generation of presidential aircraft, the White House says. Read more
Sales of new U.S. homes fell in January for the second straight month, possibly dragged down again by bad weather. Read more
A veteran Ford Motor Co. executive who was leading the Lincoln luxury brand has been picked to lead North American operations, replacing an executive who was ousted this week over allegations of inappropriate behavior. Read more
Priceline is changing its name to Booking Holdings Inc., citing its expansion into numerous international brands over the past 20 years. Read more
Kaiser Permanente Hawaii said Tuesday it has approved a $50,000 grant to the Hawaii Appleseed Center for Law and Economic Justice for the formation and development of the Hawaii Budget and Policy Center. Read more
Fox News is set to announce today that it will offer Fox Nation, a stand-alone subscription service available without a cable package. Read more
KHON2 did not broadcast its Thursday newscasts at 5, 6 and 9 p.m. Read more
McDonald’s is taking cheeseburgers and chocolate milk off its Happy Meal menu in an effort to cut down on the calories, sodium, saturated fat and sugar that kids consume at its restaurants. Read more
Stay in touch with top news, as it happens, conveniently in your email inbox. It's FREE!
Google will begin using its Chrome browser today to eradicate ads it deems annoying or otherwise detrimental to users. Read more
Territorial Bancorp Inc. said Tuesday it has repurchased 227,900 shares of its common stock at an average price of $29.95 a share. Read more
Remington, the gun maker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it seeks Chapter 11 bankruptcy. Read more
The Hawaiian Electric Cos. are asking the state Public Utilities Commission for approval to seek new renewable projects for Oahu, Maui and Hawaii island. Read more
Cyanotech Corp., a company that produces microalgae on Hawaii island, boosted sales 20 percent in its fiscal third quarter to earn a $1.1 million profit. Read more
American consumers stepped up their borrowing by $18.4 billion in December, a solid performance that followed a massive gain the previous month. Read more
Maui Electric Co. said Tuesday it has agreed to buy electricity from a grid-scale solar and battery energy storage facility to be built by Molokai New Energy Partners. Read more
Kahuku Medical Center has chosen industry veteran Alan MacPhee as its chief executive officer. Read more
Pay raises, the U.S. economy’s Achilles’ heel in its long recovery from the Great Recession, finally showed signs of accelerating last month — a trend that fanned inflation fears and sent bond yields rising and stocks sinking. Read more
Hawaiian Holdings Inc., parent of Hawaiian Airlines, declared Thursday its second-ever dividend but maintained it at the same level as the first one. Read more
Ohana Pacific Bank increased its loans by double digits in the fourth quarter, but net income fell 38 percent after taking a one-time charge of $130,000 due to the revaluation of tax-related assets. Read more
Hawaiian Airlines, which is phasing out its long-range Boeing 767 aircraft from its fleet, said Tuesday it has reached a deal to sell three of its 767s to United Airlines during the second half of the year. Read more
