U.S. importers balk at return of $10,000 container shipping rate
It is more than double the rate from February but still below the peak of $16,000 early in the pandemic when it swelled due to spree buying by homebound consumers. Read more
The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
It is more than double the rate from February but still below the peak of $16,000 early in the pandemic when it swelled due to spree buying by homebound consumers. Read more
The company disclosed that the investor group had revised its offer for a second time in June to buy the department store chain’s stock it does not already own for $24.80 apiece, up from $24 per share offered in March. Read more
In the aftermath of the shooting, investors narrowed the odds of a Trump victory. Read more
The nightclub business isn’t easy. Jack Law has steered Hula’s Bar & Lei Stand through many challenges for 50 years. Read more
Small-scale wind turbines that don’t resemble the rotating fans seen on typical wind farms could start popping up around the state under an ambitious plan by a startup company. Read more
The Waikiki Community Center is planning for the first major redevelopment of its site, which could include senior affordable housing to support its goal of providing holistic services. Read more
The Chamber of Commerce Hawaii is launching its first business accelerator program, Impact SmallBiz, to help small businesses and early-stage entrepreneurs succeed. Read more
The settlement is with Chinese American TV host Yue-Sai Kan, trustee of Yue-Sai Kan Trust, which owns Unit 1 at Marconi Point Condominiums. Read more
The social media company indefinitely suspended Trump’s accounts following his praise of people who stormed the U.S. Capitol on Jan. 6, 2021. Read more
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Some of the market’s most valuable companies bounced back after dipping in the previous session. Apple and Nvidia each climbed more than 1%. Read more
Chang replaces Jill Hoggard Green, who had held the positions since 2019. Read more
The Falcon 9 will be grounded until SpaceX investigates the cause of the failure, fixes the rocket and receives the agency’s approval, the FAA said in a statement. Read more
The dollar fell as much as 1% to a one-month low of 157.30 yen, but pared some of those losses to trade down 0.55% at 158.01 yen. Read more
The U.S. telecom company said the FBI is investigating and at least one person has been arrested after AT&T call logs were copied from its workspace on a third-party cloud platform. Read more
There were no changes to the prices of the base Model 3, the long-range all-wheel drive and the performance variants. Read more
Question: Did the city terminate its contract with All Island Wreckers as threatened? I believe the deadline was Thursday. When will refunds be issued? Read more
The ruling allows a group of former college athletes to pursue a proposed class action against the National Collegiate Athletic Association and their former schools. Read more
Local Japanese television station Asahi, citing government sources, said officials intervened. Read more
The second straight month of benign consumer price readings reported by the Labor Department today should help to bolster confidence among officials at the U.S. central bank that inflation is cooling after surging in the first quarter. Read more
The group said in its complaint filed on Wednesday that Brinker unlawfully used “Sabotage” in Chili’s social-media ads, falsely implying that the Beastie Boys endorsed the casual-dining restaurants. Read more
Uniqlo is renowned for its quality and affordable basics, and Fast Retailing is benefiting from a slide in the yen that has boosted the value of its sales abroad. Read more