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Business

The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.

 

Japan’s yen jumps vs dollar amid specter of intervention

The dollar fell sharply to 153 yen from about 157.55 yen for reasons that were not immediately clear, after the U.S. stock market closed and the Federal Reserve’s monetary policy meeting ended hours earlier. Read more

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Musk disbands Tesla EV charging team

For now, General Motors, Ford and other automakers which struck deals last year to give customers access to the network said they are not changing their plans. Read more

Marriott boosts full-year profit forecast

As travelers flock to overseas destinations in Asia, the Caribbean and Latin America, Marriott expects the boost in international and group travel to lift its full-year profit. Read more

Google to fund $1 billion for internet subsea cables

Plans to construct several new fiber-optic internet subsea cables that will improve Hawaii’s internet reliability and connectivity were announced Tuesday by Lt. Gov. Sylvia Luke and Benji Robinson, director of Asia Pacific network planning and acquisition for Google. Read more

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