The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
Aloha Halawa District Partners has met state requirements and received approval as master developer for the New Aloha Stadium Entertainment District, with the planned opening of a new stadium in August 2028 still intact. Read more
Alaska reported adjusted third-quarter net income of $289 million, or $2.25 in earnings per share, compared with adjusted net income of $237 million, or $1.83 per share, for the third quarter of 2023. Read more
Accuity LLP has announced the following new hires. Read more
The AI giant is venturing into a territory long dominated by Alphabet’s Google, also placing it in competition with OpenAI-backer Microsoft’s Bing and emerging services such as Perplexity. Read more
The earnings reports added to concerns among investors that the pay-off for heavy spending on AI may take longer than many had hoped. Read more
Though prices pushed higher last month, inflation is firmly on a downward trend, with other data today showing labor costs posting their smallest gain in more than three years in the third quarter. Read more
Of the 283 misleading X posts that CCDH analyzed, 209, or 74% of the posts, did not show accurate notes to all X users correcting false and misleading claims about the elections, the report said. Read more
“We were appalled to hear the non-data-driven explanation you gave for Amazon imposing a five-day in-office mandate,” the letter begins. Read more
The world leader AB InBev’s profits and revenues fell short of analyst expectations, sending its shares almost 4% lower as a $2 billion share buyback and a guidance raise failed to win over investors. Read more
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It’s game on for Hawaii tourism officials who are making a play for better positioning in the lucrative sports tourism market. Read more
The site for Oahu’s next municipal solid waste landfill will be announced in November, city officials say. Read more
Accuity LLP has announced the following new hires. Read more
The main home loan rate is now 60 basis points above where it was immediately after the Fed’s mid-September meeting. Read more
The new line of MacBook Pro laptops will start at $1,599 for the 14-inch variant, with the higher-end versions sporting more powerful M4 Pro and M4 Max processors. Read more
The outbreak was first reported on Oct. 22 and today, CDC said 27 persons have been hospitalized due to the illness, which has already killed one person. Read more
Shares of Alphabet, the first of the five “Magnificent Seven” megacap stocks that report results this week, rose after the company beat expectations for third-quarter revenue and profit on strength in its cloud business and YouTube ad sales. Read more
The Commerce Department’s advance estimate of third-quarter gross domestic product today also showed robust business investment in equipment last quarter. Read more
Pigs were the source of the H1N1 flu pandemic, and have been implicated as the source of others, said Richard Webby, a St. Jude Children’s Research Hospital virologist who studies flu in animals and birds for the World Health Organization. Read more
The lawsuit filed in Chicago federal court seeks unspecified damages, but exceeding $5 million, for all people in the United States who bought Quarter Pounders contaminated with E.coli. Read more
Enrollment across the 10 campuses of the University of Hawaii has exceeded 50,000 students for the first time since 2018. For the fall 2024 semester, the UH system reported a head count of 50,418 students, marking a 3% increase over fall 2023. Read more
Wahiawa Center for Community Health has hired Dr. Renee Foster as a doctor of nursing practice. Read more
