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Hacker charged in HBO extortion attempt

U.S. prosecutors say a member of an Iranian-­based hacking group tried to extort HBO out of $6 million in digital currency by stealing unaired episodes and scripts of hit shows such as “Game of Thrones.” Read More

A&B to pay shareholders $783 million

Alexander & Baldwin Inc. will pay its shareholders $783 million mostly in the form of new stock as part of converting to a real estate investment trust, or REIT. Read More
Updated on  November 21, 2017 at 12:06 am

Territorial declares another special dividend

Updated on  November 17, 2017 at 10:02 pm
Territorial Savings Bank’s parent company has declared its second special cash dividend of the year to go along with its four regular quarterly payouts. Read More

OHA gives $382,000 grant to Queen’s

The Office of Hawaiian Affairs has awarded a $382,000 grant to The Queen’s Medical Center to combat obesity and cardiovascular disease among Native Hawaiians. Read More
Updated on  November 14, 2017 at 10:08 pm

KonaRed cold brew made of 10% Kona coffee

A major retailer has clarified how much Kona coffee is in a line of California-made, cold-brew coffee beverages that drew a complaint from a Kona coffee farmer association last month. Read More

New Sears to open today at Ala Moana Center

Ala Moana Center’s new Sears appliance and mattress store will hold a grand-opening celebration today an hour before its 10 a.m. opening to the public. Read More
Updated on  November 10, 2017 at 7:14 pm

Long-term mortgage rates decline to 3.9%

Long-term U.S. mortgage rates slipped this week, a sign that borrowing costs are largely stable even as the Federal Reserve has raised its benchmark short-term interest rate. Read More

Ghosn says car ownership here to stay

Personal car ownership isn’t going anywhere, regardless of the rise of Uber Technologies Inc. and ride-­sharing, according to the man who may oversee more auto sales than anyone else this year. Read More

Cyanotech earns $475K in second quarter

Hawaii island microalgae producer Cyanotech Corp. more than quadrupled its fiscal second-quarter profit in large part through a $900,000 reduction in legal fees. Read More
Updated on  November 7, 2017 at 12:40 am

Hawaii Ruth’s Chris restaurants changing ownership

Ruth’s Hospitality Group Inc. said Friday it is acquiring the six Hawaii Ruth’s Chris Steak House locations from franchise partner Desert Island Restaurants for about $35 million. Read More
Updated on  November 3, 2017 at 10:21 pm

Isle firm buys former Chevron land, buildings

Island Energy Services LLC, which acquired Hawaii’s Chevron operations, said Thursday it has sold the fee-simple land and buildings at 11 gas stations to Fergus & Co., a Honolulu real estate investment firm. Read More
Updated on  November 2, 2017 at 10:26 pm

Auto sales dipped 1.3 percent in October

Increased demand from rental car companies, strong truck and SUV sales, and recovery from hurricanes in Florida and Texas weren’t enough to push U.S. auto sales into positive territory for October. Read More

Hawaiian Airlines hiring for Kahului positions

Hawaiian Airlines is seeking up to 70 candidates for customer and ramp service contract positions at Kahului Airport on Maui. Read More
Updated on  October 30, 2017 at 9:44 pm

Hawaiian to waive Japan and New York change fees

Hawaiian Airlines is waiving reservation change fees for customers traveling on its flights in Tokyo and Osaka, as well as customers flying through John F. Kennedy International Airport in New York due to inclement weather. Read More

Hawaii State FCU increases loans

Hawaii State Federal Credit Union closed in on the 100,000-member milestone as it increased its loans for the 16th straight quarter during the period from July to September. Read More
Updated on  October 25, 2017 at 10:18 pm

Bank lawsuit rule might be axed

The Republican-led Senate narrowly voted Tuesday to repeal a banking rule that would let consumers band together to sue their bank or credit card company to resolve financial disputes. Read More
Updated on  October 24, 2017 at 10:06 pm

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