The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
The Honolulu Star-Advertiser strives to make its news report fair and accurate. If you have a question or comment about news coverage, call Marsha McFadden, managing editor/news, at 808-529-4759 or email city editors at cityeditors@staradvertiser.com. Read more
Asia-Pacific travel demand has recovered from the pandemic, but earnings at the region’s airlines are under pressure from supply chain problems disrupting operations and exposing them to strengthening consumer protection rules, industry executives say. Read more
Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them a selection of products at $20 or less, the online retailer said on Wednesday, as it looks to take on Chinese firms Shein and PDD Holdings’ Temu. Read more
Employers can lawfully hold meetings to discuss unionizing if they are voluntary, workers are given advance notice of subjects to be discussed, and no attendance records are kept, said the board. Read more
The DOH Food Safety Branch says last Thursday at about 6:30 p.m., a woman with dark hair allegedly identified herself as a health inspector at Whole Foods and then began questioning an employee about the store’s food products. Read more
A fault in the driver inverter in Cybertrucks manufactured through July 30 could cause the vehicle to stop producing torque when the driver uses the accelerator pedal, resulting in a loss of propulsion and increasing the risk of a crash, Tesla said in a filing with the National Highway Traffic Safety Administration. Read more
Trump embraced digital assets during his campaign, promising to make the United States the “crypto capital of the planet” and to accumulate a national stockpile of bitcoin. Read more
Both bills require that any new cell tower be built at least 120% of the tower’s height away from any property line and at least 1,000 feet from any residence or school. Read more
The quest to secure one’s online accounts seems to be never-ending. From simple passwords to complex passwords, multifactor authentication to password management software, “improvements” have bombarded us. Read more
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The state Department of Hawaiian Home Lands has received a more than $72 million grant from the National Telecommunications and Information Administration’s Tribal Broadband Connectivity Program to expand high-speed internet access for Native Hawaiian households. Read more
Vivia by Ho‘okele Home Care has promoted Tracy Hart to vice president of client navigation and Mary Lester to vice president of operations. Read more
Japan’s Seven & i Holdings has received a buyout proposal from a member of its founding Ito family, it said on Wednesday following a report that the 7-Eleven owner was considering a management buyout offer worth up to $58 billion. Read more
The three major indexes had rallied to record highs since the Nov. 5 U.S. election as investors bet on a boost to equities from President-elect Donald Trump’s proposed tax cuts and the prospect of easier regulatory policies. Read more
The attorneys generals of Maryland, New Jersey and New York are also suing to block the merger. Read more
Bitcoin dropped from a new all-time peak of $89,982 and was last down 0.66% to $87,449.00. Trump has vowed to make the U.S. “the crypto capital of the planet.” Read more
The firm did not release total sales revenue for the period but said 45 brands — including Apple, Haier, Midea and Xiaomi — each surpassed 1 billion yuan ($138.62 million) in gross merchandising value (GMV), a commonly used measurement for online sales. Read more
Kiana Beimes feels like she fulfilled her destiny when she was named general manager of the newly renovated Outrigger Waikiki Paradise Hotel, which pays homage to the legacy of the late Princess Ka‘iulani, the heiress to the throne of the kingdom of Hawaii. Read more
The company said it is evaluating strategic alternatives, including licensing agreements and asset sales, for its therapies in development. Read more
Honda said today it was aware of the probe and “has already been in communication with the agency on this topic and will continue to cooperate with the NHTSA through the query process.” Read more
The S&P 500 has rallied almost 4% since Trump’s victory last Tuesday, while the Nasdaq has gained almost 5%. Read more
Prabowo, who won Indonesia’s presidential election in February, also chose China for his first visit as president-elect, underscoring Jakarta’s commitment to stronger strategic ties with Beijing. Read more
