U.S. labor market, housing data point to slowing economy
The data today combined with tepid retail sales last month to keep a September interest rate cut from the Federal Reserve on the table. Read more
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The data today combined with tepid retail sales last month to keep a September interest rate cut from the Federal Reserve on the table. Read more
Hawaiian Electric said power has been restored to the remaining 600 customers in Chinatown at around 3:45 this afternoon. Read more
The new startup aims to produce superintelligence — a machine that is more intelligent than humans — in a safe way, according to company spokesperson Lulu Cheng Meservey. Read more
For many of Chinatown businesses and other Hawaiian Electric customers in the area, it was the second time in less than a week that they were left in the dark for an extended period. Read more
The office of California Labor Commissioner Lilia Garcia-Brower announced the fines, which were issued in May, on Tuesday. Read more
The iPhone maker is still working on releasing a more affordable Vision product with fewer features before the end of next year, the report said. Read more
Trading activity was thin due to a U.S. federal holiday. Read more
HECO previously estimated complete power restoration for noon today, then pushed the time to 6 p.m. and then midnight with the possibility of today. Read more
When it comes to cybersecurity, your best offense is a fiber-fortified defense. Not only does fiber internet provide a stronger connection than standard copper or cable networks, but it also provides a more secure connection by design. Read more
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Summer isn’t coming in hot for Hawaii hoteliers, who saw hotel occupancy drop to its lowest level of the year in May and are expecting a continued slowdown. Read more
The vehicles’ radio software may be preventing rearview images from displaying, the U.S. National Highway Traffic Safety Administration said. Read more
The Nasdaq notched a seventh record closing high in a row, as gains in many chip stocks offset losses in Alphabet , Amazon and Meta Platforms. Read more
The hearing marked the first time Calhoun has faced lawmakers’ questions and put the spotlight on Boeing’s souring safety reputation and the departing CEO following a management shakeup. Read more
The hyper-competitive EV market has seen several companies, including Proterra, Lordstown and Electric Last Mile Solutions, file for bankruptcy in the past two years. Read more
Shares of the chipmaker climbed 3.2% to $135.21, lifting its market capitalization to $3.326 trillion, just days after overtaking iPhone maker Apple to become the second most valuable company. Read more
The smaller-than-expected increase in retail sales reported by the Commerce Department today, however, likely exaggerates the slowdown in consumer spending. Read more
It is also Oceanit’s first medical product to be commercialized using the company’s proprietary genomic artificial intelligence model. Read more
In the six months after the wildfires, over $25 million in real estate was sold in Lahaina, according to a new report. Read more
Homeownership is on the near horizon for an initial group of Native Hawaiian households to benefit from a historic 2022 appropriation by the state Legislature. Read more
Rehab Hospital of the Pacific has hired the following to its leadership team. Read more
Hawaiian Electric said the estimated time of restoration for the remaining 600 customers without power is 6 p.m. Wednesday. Read more