Monday, August 31, 2015         

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Top retailer starts layaway program early

By Star-Advertiser Staff and News Services
Wal-Mart Stores Inc. is giving customers a head start on holiday shopping, launching its annual layaway program two weeks earlier than last year.

Apple moves 3.6M watches, gains footing in market

By Associated Press
A new report estimates Apple shipped 3.6 million watches in the last quarter -- more than some analysts have estimated and enough to change the competitive landscape for fitness bands and other wearable gadgets.

Federal Reserve poised to raise interest rate

By Star-Advertiser Staff and News Services
The Federal Reserve will give serious consideration to raising its benchmark interest rate in mid-September, particularly if volatility subsides in financial markets, a number of Fed officials said Friday.

Victoria’s Secret to open on Maui in 2016

By Star-Advertiser Staff and News Services
Victoria’s Secret to open on Maui in 2016 • HawaiiUSA FCU Ewa branch delayed • 30-year mortgage rate drops to lowest levels since May • U.S. economy has stellar second quarter • Jobless aid applications drop to 271,000 • Ruling might aid fast-food unionizing • Mall tycoon Sy tops Philippines’ rich list • On The Move • Ship Ahoy!

On The Move; Ship Ahoy!

By Star-Advertiser Staff and News Services
Two Hawaii business leaders were appointed to the Salvation Army Advisory Board (Hawaiian & Pacific Islands Division) for three-year terms. • Hawaii Preparatory Academy has announced that Robert McKendry is new head of the school.

Isle firms get export-promotion funds

By Star-Advertiser staff
Isle firms get export-promotion funds • 8 people file suit over Ashley Madison information breach • New-home sales rebounded in July • Home prices in June gained solidly • American consumers’ confidence rises • Best Buy beats analysts’ forecasts • On The Move • Ship Ahoy!

HMSA’s chief financial officer stepping down

By Star-Advertiser Staff and News Services
HMSA’s chief financial officer stepping down • Ship Ahoy!

AmEx offers cash back on debit-card buys

By Star-Advertiser Staff and News Services
AmEx offers cash back on debit-card buys • U.S. airlines forecast busy Labor Day week • Coming Up • Ship Ahoy!

Airbnb wants to expand in China with help from firms there

By New York Times
For large Internet companies in the United States, the prevailing wisdom has long been that China is off-limits.

Moody’s lowers rating for HEI, HECO

By Star-Advertiser staff
Credit ratings agency Moody’s lowered Hawaiian Electric Industries and its utility subsidiary Hawaiian Electric Co.’s rating outlook to negative from stable Friday due to concerns about risks related to transforming the company’s oil-dominated generation base to renewable energy resources.

Hawaii Homebuyers Fair offers housing advice

By Star-Advertiser Staff and News Services
Hawaii Homebuyers Fair offers housing advice • HECO to host Clean Energy Fair at Kahala • Ho‘okele Awards honors nonprofit leaders • Applications for U.S. jobless aid tick up • On The Move • Ship Ahoy!

Consumer Advocate seeks subpoenas for utility CEOs

By Star-Advertiser Staff and News Services
Consumer Advocate seeks subpoenas for utility CEOs • Ex-Hawaiian Airlines spokesman joins Matson • Hawaiian Telcom gets $26M for expansion • Uber missed criminal records, DAs say • Isle resident’s car show goes global • GM expands headlight recall • Ford recalling trucks to fix seat belts • On The Move • Ship Ahoy!

Honolulu impresario buys Kamuela Inn

By Star-Advertiser staff
Well known in Honolulu show business circles, impresario Tim Bostock and his wife, Melanie Holt, are planning a complete renovation of their new mom-and-pop business, the historic Kamuela Inn, in Waimea on Hawaii island.

Economic development program to start

By Star-Advertiser Staff and News Services
Pet store operator Petco files for new IPO • Washington, D.C. had record tourism in 2014 • U.S. homebuilder sentiment improves; and more

Tenants sought for energy lab’s incubator on Big Island

By Star-Advertiser staff
The Natural Energy Laboratory of Hawaii Authority is seeking tenants to fill an alternative-energy and biotechnology demonstration incubator scheduled for completion at its Hawaii island campus by December.

Kapiolani Medical Center gets $163K

By Star-Advertiser staff
Hugo Boss, Vera Bradley join Waikele • J.C. Penney narrows loss amid turnaround • Apple interested in car-testing facility • Volkswagen recalls 420,000 vehicles

Honolulu to host energy summit for 2 years

By Star-Advertiser Staff and News Services
Honolulu to host energy summit for 2 years • Maui hospital decision due next month • On The Move • Ship Ahoy!

National contest draws 4 isle truck drivers

By Star-Advertiser Staff and News Services
National contest draws 4 isle truck drivers • Hawaii accounting chapter honored • Falling Chinese yuan has ripple effect • U.S. hiring reaches six-month high • Calendar quirk lifts U.S. budget deficit • Drug developer’s stock doubles in debut • Rdio offers greater radio station access • On The Move • Ship Ahoy!

Oahu Publications to publish hotels’ media

By Star-Advertiser Staff and News Services
Central Pacific Bank’s executive VP leaving • Economic growth boosts U.S. productivity • Wholesale stockpiles and sales increase; and more

Street Grindz vendors get permanent home

By Star-Advertiser Staff and News Services
Honolulu ranks low for retiree desirability • MECO seeks power from 2 solar projects • Berkshire buying Precision Castparts

Netflix enters Asia with Japan service

By Star-Advertiser Staff and News Services
SAN FRANCISCO >> Netflix will expand into Japan next month to give the Internet video service its first presence in Asia.

SeaWorld attendance slumps in wake of 2013 documentary

By Associated Press
SeaWorld says its theme park attendance is still falling as animal activists protest the company’s treatment of whales.

Verizon ends discounted phones

By Star-Advertiser Staff and News Services
Verizon, the nation’s largest wireless provider, will stop offering phones at discounted prices when customers sign two-year service contracts. The move was made in the name of simplification, but it could result in some customers paying more.

Maui Land loses $818,000 in quarter

By Star-Advertiser Staff and News Services
Maui Land loses $818,000 in quarter • Bankoh to give $25K for Saipan relief • Hawaiian Air tops in punctuality for June • Zippy’s restaurants add defibrillators • On The Move • Ship Ahoy!

Maui County fines Paia Inn $500,000

By Star-Advertiser Staff and News Services
Maui County fines Paia Inn $500,000 • Hawaiian passenger traffic up • Bankoh offers aid to Saipan • Ellison ranks No. 2 on tech list • Bumatai to talk at monthly lunch • Mazda recalls 206,000 CX-9s • On The Move • Ship Ahoy!

Central Pacific to relocate Kailua branch

By Star-Advertiser staff
HECO proposal would cut EV charging rates • Big CPF investors sell remaining stakes • First Hawaiian gives $25K for typhoon relief; and more

Chinatown nightclub eleven44 closes

By Star-Advertiser Staff and News Services
Condo management firm changing name • CPF investors to hold secondary offering • Greek stock market dives after reopening; and more

World to need more pilots, Boeing forecasts

By Bloomberg News
Airlines across the globe will need to hire 558,000 new pilots over the next two decades to keep pace with surging travel demand and a $5.6 trillion jet shopping spree, according to a Boeing Co. forecast.

CBS mandates online spots for Super Bowl ads

By Associated Press
Next year, you won’t have to worry about missing the buzziest commercials of the Super Bowl if you can’t get to a TV.

Tourism authority seeks marketing contractors

By Star-Advertiser staff
The Hawaii Tourism Authority, the state's tourism agency, is seeking proposals for marketing contractors to run several major market programs and some new ones.

Allegiant execs flew plane with low fuel

By Star-Advertiser Staff and News Services
Two executives with pilot’s licenses were flying the Allegiant Air jet that made an emergency landing at a closed airport because it nearly ran out of fuel. • On The Move • Ship Ahoy!

Uejo to oversee Subaru dealers

By Star-Advertiser Staff and News Services
Uejo to oversee Subaru dealers • Record miles driven in May • Tesla offering cash incentives • FTC looking at practices of University of Phoenix • On The Move • Ship Ahoy!

Honolulu is fourth-costliest city for singles

By Star-Advertiser staff
Strong home sales lift U.S. home prices • Consumer confidence hits 10-month low • Microsoft debuts Windows 10 system; and more

Credit union offers grants for teachers

By Star-Advertiser staff
Israel’s Teva buys drug firm for $40.5B • Burger King’s sales get another boost from Chicken Fries • Apple Watch coming to Best Buy in August; and more

Sikorsky scrutinized for alleged overbilling

By Star-Advertiser staff
HARTFORD, Conn. >> The Justice Department has launched a criminal probe into allegations that helicopter maker Sikorsky and two subsidiaries overbilled the Navy, United Technologies Corp. said Friday.

CEO Tim Cook’s $181 billion headache: Justifying Apple’s overseas cash cache

By Tribune News Service
Apple Inc.’s cash topped $200 billion for the first time as the portion of money held abroad rose to almost 90 percent, putting more pressure on Chief Executive Officer Tim Cook to find a way to use the funds without incurring U.S. taxes.

110 Ae‘o condo units sold through lottery

By Star-Advertiser Staff and News Services
Anthem buying rival insurer Cigna for $48B • U.S. new-home sales hit June slump • Deals ends tariffs on 200 tech products; and more

Hawaiian adds Lihue, Kahului holiday flights

By Star-Advertiser Staff and News Services
Hawaiian adds Lihue, Kahului holiday flights • Average mortgage rates drop to 3.21 percent from year’s high • On the Move • Ship Ahoy!

Salvation Army seeking space for donated gifts

By Star-Advertiser Staff and News Services
Salvation Army seeking space for donated gifts • New vendors coming to annual festival • Rehab center to pay $45K for OT violations • Real estate delegates to meet in Honolulu • On The Move • Ship Ahoy!

Hawaii Clean Fleets program debuting

By Star-Advertiser staff
‘Ekahi Health System adds physicians • Citi to pay $700M for deceptive practices • Toshiba CEO resigns over doctored books; and more

Mauna Kea Beach Hotel turning 50

By Star-Advertiser staff
Bath products chain expanding to Kaneohe • Barbershop franchise comes to Kapolei • PayPal shares rise on first day of trading; and more

Avian flu outbreak hurts egg prices

By Star-Advertiser Staff and News Services
The outbreak of avian flu caused the cost of eggs to nearly double last month for producers. Wholesale prices for chicken eggs jumped 84.5 percent in June, the Labor Department said in a recent report.

Ride-hailing Uber taking business from taxis, report finds

By Associated Press
Ride-hailing Uber taking business from taxis, report finds

NEW YORK » Taxis are losing business travelers to ride-booking services like Uber, a survey shows.

Apartment construction surged in June

By Star-Advertiser Staff and News Services
Japan will restart Tokyo Olympic plans • Boeing warns of flying with bulk batteries • Google shares gain record $65B in value

HECO rooftop PV approvals near 70,000

By Star-Advertiser Staff and News Services
HECO rooftop PV approvals near 70,000 • 30-year mortgage increases to 2015 high of 4.09 percent • Ranch unit exits as utility merger intervenor • United Airlines rewards hackers with miles • Fed will tap brakes with care, Yellen says • On The Move • Ship Ahoy!

Kauai water firm buys Puhi Sewer and Water

By Star-Advertiser Staff and News Services
Kauai water firm buys Puhi Sewer and Water • Yellen talks of economic thaw, rate hikes • Delta earnings soar thanks to cheap fuel • Netflix adds 3.3 million more customers • On The Move • Ship Ahoy!

Hawaii ranks No. 1 for well-being of those over 55

By Star-Advertiser Staff and News Services
Group to honor L&L founder Flores • Investors look to earnings to buoy stocks • Oil released by Iran deal could hit prices; and more

Natural gas is top U.S. electricity source

By Star-Advertiser Staff and News Services
Comcast debuting streaming video service • China accuses firms of stock manipulation • Feds had $51.8B budget surplus in June; and more

Ferrari IPO prospectus days away

By Star-Advertiser Staff and News Services
DETROIT » Fiat Chrysler Automobiles CEO Sergio Mar­chionne said the automaker is days away from filing its prospectus for a public stock offering for at least 10 percent of Ferrari's shares.

PC sales slow before launch of new Windows software

By Associated Press
Desktop, laptop and tablet sales across the globe have hit a speed bump but could pick up by the end of the year, according to technology analysts.

Environmental nonprofit gets $200,000 grant from Castle

By Star-Advertiser Staff and News Services
Fed still on track to raise rates despite concerns, Yellen says • GM recalling 780,000 SUVs due to power lift gate issue • Court leaves probation intact for creator of Beanie Babies

HTA appoints attorney Fried as chairman

By Star-Advertiser Staff and News Services
HTA appoints attorney Fried as chairman • Stalled Matson ship on the move again • Dollar value in isles among lowest in U.S. • DTRIC vehicle device can pare premiums • 30-year mortgage rate dips to 4.04% amid global woes • On The Move • Ship Ahoy!

Albertsons, No. 2 supermarket operator, plans IPO

By Star-Advertiser Staff and News Services
Albertsons, No. 2 supermarket operator, plans IPO • Subway pitchman’s foundation in jeopardy • China’s stocks rally amid confidence boost • On The Move • Ship Ahoy!

Hawaiian Air tops in on-time performance

By Star-Advertiser staff
Finance Factors charity breakfast slated • Cardax raises $500,000 in financing • Valley Isle dominates World's Best list

L&L runs beach park concessions

By Star-Advertiser staff
The City and County of Hono­lulu has chosen L&L Hawaiian Barbecue to operate food concessions at Ala Moana Beach Park, beginning with the stand near Magic Island.

Slumping market sucks money from China's richest

Posted 1:30 a.m. HST, Jul 5, 2015
The worst monthly slump in Chinese stocks in two years wiped away more than $34 billion in combined net worth of the richest people in China and Hong Kong in June.

Health insurer Aetna to buy Humana for $35B

Posted 1:30 a.m. HST, Jul 4, 2015
Aetna aims to spend about $35 billion to buy rival Humana and become the latest health insurer bulking up on government business as the industry adjusts to the federal health care overhaul.

Artisans’ wares use reclaimed materials

By Star-Advertiser Staff and News Services
Artisans’ wares use reclaimed materials • Average rate on 30-year mortgage rises to 4.08% • U.S. to punish automaker over recall lapses • FDA approves costly cystic fibrosis drug • • Sizable stock holdings by justices revealed • Tesla delivers record number of cars • On the Move • Ship Ahoy!

Maui Brewing taking Jimmy Buffett’s spot

By Star-Advertiser Staff and News Services
Kaiser Permanente will open clinic in Lihue • Maui Brewing taking Jimmy Buffett’s spot • Big Isle burger called among best in U.S. • Auto celebrity to speak at gathering • July 4 holiday promises to be lucrative • On the Move • Ship Ahoy!

Loans available for residential PV systems

By Star-Advertiser staff
Treetops opening for lunch, dinner buffets • Home prices increased 4.9 percent in April • U.S. consumers gaining more confidence; and more

Gannett splits print, TV

By Associated Press
Gannett has completed the split of its print and broadcasting divisions into separate companies.

Japanese cash in on jewels acquired during boom years

By Star-Advertiser Staff and News Services
Diamonds aren’t necessarily forever. At least not in Japan, where jewelry owners are unloading unwanted jewels for cash at a record pace and shipping them off to buyers in China and India.

Milestone reached in move toward more diverse America

Posted 1:30 a.m. HST, Jun 28, 2015
Racial and ethnic minorities now surpass non-Hispanic whites as the largest group of American children under 5 years old, the Census Bureau said last week.

Firm poised to swap Arctic offshore oil rigs

By Star-Advertiser staff
Ford truck brake part under federal review • New technology emerges at CE Week show • Uber stands firm amid French crackdown; and more

Tenants lining up at Aloha Tower complex

By Star-Advertiser Staff and News Services
Tenants lining up at Aloha Tower complex • Affordable units at Kalaeloa open Tuesday • Board urges PUC to approve solar projects • Average rate on 30-year mortgage edges up to 4.02% • On the Move • Ship Ahoy!

HECO to dedicate Wahiawa car charger

By Star-Advertiser Staff and News Services
Strong economy, cheap gas forecast to spur holiday travel • Greece bailout talks stall over reforms • European deal creates U.S. grocery giant • Congress set to let trade guarantor lapse • Ikea in U.S. again raising minimum wage • Report says IRS employing tax scofflaws • Dutch court orders greenhouse gases cut • On The Move • Ship Ahoy!

Lions Clubs headed to Oahu for convention

By Star-Advertiser staff
Maui named top U.S. vacation destination • Delta Air Lines pilots to vote on contract • Facebook beats Walmart on stock market • May new-home sales increased 2.2%

Oahu electrical bills to be smaller in July

By Star-Advertiser Staff and News Services
Meeting set for North Shore wind project • Plastic surgery business has new location • Beach association elects its directors; and more

GM partners with Isuzu on trucks

By Associated Press
TOKYO >> Detroit-based General Motors Co. is expanding its partnership with Japanese truck maker Isuzu Motors by collaborating in the U.S. and marking GM’s return to the medium-duty truck business.

FAA approval allows drone testing for insurance claims

By Tribune News Service
Allstate said last week that it is one step closer to using drones to assess damage after catastrophes.

Companies boost mobile payment services

By Star-Advertiser staff
Austerity measures see success in Europe • Unemployment increases in 25 states • All Nippon Airways begins Houston flights; and more

Applications for jobless aid fell last week

By Star-Advertiser Staff and News Services
Applications for jobless aid fell last week • Average rate on 30-year mortgage eases to 4 percent • Fitbit’s IPO beats expectations on the NYSE • Cost of gas raises consumer price index • Trade deficit hit $113.3B in first quarter • Economic health predictor up 0.7% in May • Manufacturing grows in Philadelphia area • On The Move • Ship Ahoy!

State tells P.B.C. Productions to halt operations

By Star-Advertiser Staff and News Services
State tells P.B.C. Productions to halt operations • Pasha Hawaii adds L.A.-to-Oahu trips • Honolulu is No. 2 for expensive travel • Hawaii ranks No. 30 in survey of states' car-repair costs • On the Move • Ship Ahoy!

Castle adds Kanaloa at Kona to its stable

By Star-Advertiser staff
Home building dropped 11.1% in May • Toyota adds 1.4M vehicles to air bag recall • Ex-AIG CEO still wants damages in bailout; and more

Pineapple Grill pays $113K in back wages

By Star-Advertiser staff
Pacific Rim Bank shareholders OK deal • Teen auto insurance in isles the cheapest • Free rides available for blood donors; and more

Hackers thwart privacy tools

By Star-Advertiser Staff and News Services
Chinese hackers have found a way around widely used privacy technology to target the creators and readers of Web content that state censors have deemed hostile, according to new research.

Passenger airplanes are expected to double in 20 years

By Associated Press
Demand for new airplanes around the world will continue to soar as millions of people in developing nations take to the skies for the first time.

Court lets contact lens pricing law stand

By Star-Advertiser staff
Eggs and gas boost U.S. wholesale prices • French agency tells Google to remove links • Honda links air bag to seventh death; and more

Hawaiian Air finishes first again in U.S. for punctuality

By Star-Advertiser Staff and News Services
Hawaiian Air finishes first again in U.S. for punctuality • Murdoch’s sons to be CEO, co-chairman • Twitter’s Costolo stepping down as CEO • U.S. jobless aid applications remain low • Household wealth hits high of $85 trillion • Retail sales jump as confidence grows • On The Move • Ship Ahoy!

Apple cars hit Oahu amid Maps upgrade

By Star-Advertiser Staff and News Services
Apple cars hit Oahu amid Maps upgrade • Netflix’s stock soars as shareholders set stage for split • Target doubles share buyback, ups dividend • 76ers stop using arena’s corporate name • Airbag victim got recall notice after crash • Walgreens, insurers push virtual doctors • On the Move • Ship Ahoy!

SeaWorld puts shareholder meeting online

By Star-Advertiser Staff and News Services
Costco egg supplier accused of bird cruelty • HSBC axes jobs to focus on Asian roots • Campbell Soup purchases salsa maker

Kaiser and workers OK tentative contract

By Star-Advertiser Staff and News Services
Allegiant wins appeal in pilots dispute • Apple unveils music streaming service • Slow quarter to impede economic growth

5 aviation taxes passengers pay should end, travel group proposes

By Star-Advertiser Staff and News Services
Washington » A travel organization is calling for major changes to the nation's aviation system, including how to pay for it and eliminating a tax loophole that it says encourages airlines to charge extra fees for services like checked bags.

Cookie, tofu companies take home top Taste honors

By Star-Advertiser staff
Honolulu Cookie Co. and Aloha Tofu Factory Inc. were named the state's top food manufacturers Saturday at the Taste Awards, sponsored by the Hawaii Food Manufacturers Association at Dole Cannery.

Walmart keeps leadership in the family

By Star-Advertiser Staff and News Services
FAYETTEVILLE, ARK. » Wal-Mart Stores Inc. is passing the chairmanship of the world's largest retailer from the eldest son of late founder Sam Walton to a third generation.

Central Pacific Bank puts 2 executives in new board seats

By Star-Advertiser Staff and News Services
Central Pacific Bank puts 2 executives in new board seats • Single-family home sales rise on Maui • Hawaiian Air planes were 80% full in May • Investment funds sell Central Pacific stock • On the Move • Ship Ahoy!

Allstate will offer insurance for Uber and Lyft drivers

By Star-Advertiser Staff and News Services
Allstate will offer insurance for Uber and Lyft drivers • Waipahu dealer files for bankruptcy • HCC course covers hybrid vehicle care • Car buffs to view Kia electric models • On the Move • Ship Ahoy!

U.S. factory orders slumped in April

By Star-Advertiser staff
New Web service sends tailors to homes • Former Domino's CEO to head Toys R Us • Groups sue over Alaska drilling approval; and more

Manufacturing index on the increase

By Star-Advertiser Staff and News Services
Construction spending up 2.2% in April • Health plans go big with '16 rate requests

McDonald’s ending release of monthly sales reports

By Star-Advertiser Staff and News Services
CHICAGO >> McDonald’s is the latest major chain to back away from sharing monthly sales data, a move it is making as it works on a turnaround.

Banks continue to show gradual, steady growth

By Associated Press
U.S. banks' earnings rose 6.9 percent in the first quarter from a year earlier as revenues increased, delinquent loans continued to fall and the number of "problem" banks reached a six-year low.

Low-income home energy aid is available

By Star-Advertiser Staff and News Services
Low-income home energy aid is available • Weak economy dampens consumer mood • Drug switch ruled to violate antitrust law; and more

Hawaiian Air designates permanent CFO

By Star-Advertiser Staff and News Services
30-year mortgage rate increases to 3.87 percent • Hawaiian Air designates permanent CFO • King of Pop's ranch offered for $100 million • Move into drones drives up GoPro stock • On the Move • Ship Ahoy!

Rising generic drug prices mark 'beginning of a shift'

By Star-Advertiser Staff and News Services
Rising generic drug prices mark 'beginning of a shift' • Isle stevedores get contract after a year of negotiations • Co-founder of L&L eateries will head Chinese Chamber • Slow spending drags down Philippines' economic growth • Ford starts car-sharing service for part-time drivers in London • Fuel tank, steering problems force recall of Ford models • Automakers ahead of schedule for 2020 fuel economy targets • Detroit goes after Silicon Valley to be leader in driverless cars • Ship Ahoy!

Honolulu ranks lowest in property taxes

By Star-Advertiser staff
Honolulu ranks lowest in property taxes • Sales of new homes in U.S. jumped in April • Consumer confidence edging up in May; and more

Fish app to show origin of catch

By Star-Advertiser staff
Fish app to show origin of catch • Japan's trade gap expected to persist • China to cut import tax on some goods; and more

Unemployment filings for the week at 1,253

Posted 1:30 a.m. HST, May 25, 2015

31 million with health coverage still face hefty costs

By Associated Press
Nearly a quarter, or 23 percent, of U.S. adults who were insured all last year lacked adequate protection from big medical bills based on their income, according to Commonwealth Fund research.

First Hawaiian offers free Mariota posters

By Star-Advertiser staff
First Hawaiian offers free Mariota posters • Hilton finishes $7M center renovation • Prison term of ‘nut rage' exec suspended; and more

Blangiardi garners honor from Boy Scouts

By Star-Advertiser Staff and News Services
Average rate on 30-year mortgage slips to 3.84 percent • Blangiardi garners honor from Boy Scouts • Feds seek to manage Takata air bag recall • Deal bolsters CVS specialty drug business • Upheaval worsens Mideast unemployment • Cheap housing luring whites to Detroit • On the Move • Ship Ahoy!

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