The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
The most promising opportunities would be to clear obstacles for more “niche” clusters of businesses related to tourism — or for water-based industries such as aquaculture, according to UHERO. Read more
The beauty of having different climates around the world is that there is always somewhere we can travel for leisure all year-round. We tend to relax and let our guard down when we’re on vacation, but the reality is that crime takes no vacations. Read more
After two sets of bids and protests, the state said contracts for ground ambulance emergency services on Kauai and Maui will be awarded to American Medical Response. Read more
Hawaii Pacific University has named alum Iven T. Sugai as a new member of its board of trustees and Joachim P. Cox as trustee emeritus. Read more
The European Union is drawing up plans to impose customs duties on cheap goods bought from Chinese online retailers including Temu, Shein, and AliExpress, the Financial Times reported on Wednesday, citing three people briefed on the matter. Read more
Japan’s government has finally eliminated the use of floppy disks in all its systems, two decades since their heyday, reaching a long-awaited milestone in a campaign to modernise the bureaucracy. Read more
General Motors reported a 0.6% rise in new-vehicle sales, compared with a jump of 19% last year, and said some sales would shift to the current quarter due to the hack. Read more
BVO is a chemical ingredient containing bromine, which is found in fire retardants. Small quantities of BVO are used legally in some citrus-flavored drinks in the United States to keep the flavor evenly distributed. Read more
The Commerce Department, which oversees U.S. export policy, said in May it had revoked “certain” licenses, as first reported by Reuters, but did not specify the name or number of suppliers that were impacted. Licenses for Qualcomm and Intel were among those revoked, Reuters reported at the time. Read more
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“This is real progress,” said Joanne Pike of the Alzheimer’s Association. “Having multiple treatment options is the kind of advancement we’ve all been waiting for — all of us who have been touched, even blindsided, by this difficult and devastating disease.” Read more
The challenge for the Fed is deciding how and when to signal that a policy change is imminent, particularly given that progress in lowering inflation is expected to be slow. Read more
Honolulu Mayor Rick Blangiardi, along with representatives from the state Department of Parks and Recreation, the Waikiki Business Improvement District and JTB Hawaii Inc., gathered Monday by the Duke Kahanamoku statue to unveil the first three of 26 specialty trash cans set to be installed around Waikiki. Read more
The USS Missouri Association has announced the promotion of Jeremy Hackett to director of Safety, Health & Environmental at the Battleship Missouri Memorial. Hackett previously served as Safety, Health & Environmental manager for the past six years. Read more
The number of Americans arriving in Japan by air crossed more than 900,000 in the first five months of 2024, climbing 17.4% year-over-year and vaulting 35.5% from 2019 before the pandemic, the International Trade Administration data showed. Read more
The update to the disclosure requirements under the political content policy requires marketers to select a checkbox in the “altered or synthetic content” section of their campaign settings. Read more
The Hawaii Foodbank is providing food to pantries at 35 Oahu schools to supplement the meals of students who don’t get enough food at home. Read more
A bill meant to give private developers of affordable rental housing greater financial incentives to build is moving forward — but with a change to post- construction grant amounts meant to spur completion of more units above or below 300 square feet in size. Read more
The USS Missouri Association has announced an advancement at the Battleship Missouri Memorial along with a returning member to its 2024-2025 board of directors: Read more
“All we want to do is to go back to the table,” said Oestreich. “The strike will be in effect until we get an agreement.” Read more
The Justice Department is expected to formally offer the plea agreement to Boeing later in the day, the sources said. Read more
Hawaii-branded coffee products sold locally to consumers will be subject to new labeling requirements Monday under a state law enacted last year. Read more
