The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
Future Hawaii electric bills won’t display the cost to ratepayers for more than $1 billion in planned grid resiliency and wildfire mitigation projects, but a bit of this anticipated expense is beginning to emerge. Read more
The National Park Service has selected Christine Ogura as the new permanent superintendent of Honouliuli National Historic Site, beginning in September. Read more
Southwest said it is engaged with the NTSB and FAA to understand the circumstances of the departure. After the incident the plane continued safely to Baltimore, Southwest said. Read more
Starliner, which has been docked to the ISS since June 6 after ferrying its first crew of astronauts there, has had its test mission drawn out after a series of issues involving its thrusters and leaks of helium Read more
Nike has significantly hiked the list price of its top-end Air Jordan 1 sneakers in recent years. The shoes currently sell for as much as $200 at some retailers including Nordstrom on Nike.com. Read more
The dollar initially fell against the yen, the currency pair most sensitive to U.S. economic data because of a high, positive correlation to Treasury yields. Read more
The report from the Commerce Department today also showed consumer spending rose marginally last month. Read more
Buffett’s donations boost his overall giving to the charities to about $57 billion, including to the family charities in the last two Novembers. Read more
The deals are up but travelers are way down for summer through the end of the year in Hawaii, especially on Maui. Read more
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Kupuna who are clueless about technology are welcome to bring their phones, laptops and other devices for assistance from Tech Savvy Teens, who will be at Windward Mall’s Center Court from 10 a.m. to 2 p.m. Saturday. Read more
Hawaii Community Foundation has hired Keanu Lau Hee as senior director of the Maui recovery effort. She will officially join the group July 16. Read more
The yen edged up from a 38-year low against the greenback following the U.S. numbers, even as traders remained on high alert for any signs of Japanese intervention to prop up the currency. Read more
Jurors in Los Angeles agreed with the plaintiffs that the NFL conspired with member teams to artificially inflate the price of “Sunday Ticket” for millions of residential and commercial subscribers. Read more
The data mostly supported the view the Federal Reserve could soon begin cutting interest rates. Read more
Ebbing economic momentum was underscored by other data today showing business spending on equipment declined in May. Read more
The two-week operation ensnared defendants accused of illegally distributing millions of pills of the stimulant Adderall. Read more
The producers the committee is probing include Exxon Mobil, Chevron and ConocoPhillips. None of those companies immediately responded to requests for comment. Read more
The NTSB said Boeing had “blatantly violated” the agency’s investigative regulations by providing “non-public investigative information to the media” and speculating about possible causes of the Jan. 5 Alaska Airlines door plug blowout. Read more
It could take 10 years to fully upgrade downtown Honolulu’s underground electric cable network under a plan being accelerated after two disruptive outages over the past two weeks. Read more
Domestic Violence Action Center has announced the following new members of its board of directors. Read more
Toyota’s global production slid for a fourth straight month in May from a year earlier on lower output in many overseas markets, with the decline in China, where local brands have become much more competitive, particularly sharp. Read more
