China’s industrial profit growth slows
Profit growth at Chinese industrial firms slowed in November as producer price gains appeared to soften. Read more
Briefs
Amazon acquires connected camera maker
Amazon has bought an Andover, Mass.-based company that makes internet-connected doorbells and security cameras. Read more
Real estate firm to merge with isle agency
Real estate firm Choi International said Friday it will combine with Hawaii Life, the Hawaii affiliate of Christie’s International Real Estate. Read more
Long-term mortgage rates inch up to 3.94%
Long-term U.S. mortgage rates rose this week but remain lower than they were a year ago. Read more
Sun Country Airlines to offer Honolulu-Minneapolis route
Sun Country Airlines is planning to offer seasonal service from its home base in Minneapolis to Honolulu next year with a brief stopover in Los Angeles. Read more
Big Isle solar permits up 72% in November
Hawaii County in November issued its highest number of solar permits in 13 months as it continued to buck the downward trend on Oahu and Maui, the other two major PV markets in the state. Read more
Penn buys Pinnacle Entertainment for $2.8B
Pinnacle Entertainment is being snapped up by Penn National in a deal valued at $2.8 billion, and Boyd Gaming is taking over its properties. Read more
New ‘Star Wars’ film takes in $45M in debut
“Star Wars: The Last Jedi” is off to a Death Star-sized start at the box office. Disney says Friday that the eighth installment in the space franchise has earned an estimated $45 million from Thursday night showings. Read more
Developer buys Kalaeloa water, wastewater systems
A private developer that acquired 540 acres of former military base land in Kalaeloa from the Navy in 2009 now owns the water and wastewater systems for the area. Read more
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Kaiser and HDS to absorb Island Air costs
Kaiser Permanente Hawaii and Hawaii Dental Service both said Wednesday they will absorb costs for health services rendered in November for Island Air employees even though the now-bankrupt airline did not pay its premiums for the month. Read more
HMAA to cover former Island Air employees
Hawaii Medical Assurance Association, which provided the majority of the health services rendered to Island Air employees in November, said Tuesday it will absorb the more than $137,000 in costs incurred during the month even though the now-bankrupt airline did not pay its premiums for the month. Read more
Bitcoin futures soar, jumping 20 percent
Wall Street got its first taste of bitcoin on Monday, with the price of the first-ever futures contract for the digital currency jumping 20 percent. Read more
Ford won’t contribute to MSNBC
Former Congressman Harold Ford Jr. will not be a contributor on MSNBC’s “Morning Joe” program until allegations of misconduct against him are resolved. Read more
Bitcoin gyrates ahead of futures sales
The price of bitcoin is swinging wildly Thursday, rising to more than $19,000 only to fall sharply minutes afterward. Read more
Pfizer plans to launch generic Viagra
Drugmaker Pfizer is launching its own cheaper generic version of Viagra rather than lose most sales when the impotence pill gets its first generic competition next week. Read more
Waipahu bakery to close in February
Switzerland-based ARYZTA, which accounts for a large portion of the bun business in Hawaii, is shutting down its Waipahu bakery on Feb. 3. Production at the bakery is set to end Jan. 18. Read more
U-Haul to open self-storage facility on Maui
U-Haul International Inc. is converting a former Kmart store in Kahului to the company’s first self-storage facility on Maui. Read more
First Foundation to aid nonprofits
First Foundation Inc., which operates its lone Hawaii branch at Waterfront Plaza in Honolulu, is accepting applications for its “Supporting Our Communities” initiative. Read more
Hawaiian changing meals, uniforms
Hawaiian Airlines will unveil two changes today by launching a new meal program in the main cabin for its North American routes and debuting uniforms by Hilo-based designer Sig Zane across its network. Read more
Bank of Hawaii to open Manoa branch
Bank of Hawaii will hold an opening celebration for its new stand-alone Manoa branch on Saturday. Read more
Dual online, store shoppers spent more
A retail trade group estimates that people who shopped both online and in stores from Thanksgiving to Cyber Monday spent more than those who stuck to one or the other. Read more
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