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Business Breaking

ASSOCIATED PRESS
                                The Wall Street entrance of the New York Stock Exchange, as seen in Oct. 2014. Global stocks fell Friday, amid worries about the potential impact of U.S. trade policies and as investors became more cautious about the market’s recent rally.

Doubts grow over stock market’s Trump-inspired surge

ASSOCIATED PRESS
                                The Wall Street entrance of the New York Stock Exchange, as seen in Oct. 2014. Global stocks fell Friday, amid worries about the potential impact of U.S. trade policies and as investors became more cautious about the market’s recent rally.

Updated on  February 24, 2017 at 10:36 am
U.S. stocks have screamed to records since Election Day because investors are expecting Donald Trump’s White House to cut taxes for business, make regulations easier for them and goose more growth out of the economy. Read More

Hawaii Gas CEO Moy joins Bank of Hawaii board

Alicia Moy, president and chief executive officer of Hawaii Gas, has been elected to the expanded board of directors at Bank of Hawaii. Read More
Updated on  February 24, 2017 at 2:38 pm
ASSOCIATED PRESS
                                Volkswagen AG chief executive officer Matthias Müller spoke in Detroit in Jan. 2016.

VW makes $5.4 billion profit in 2016, limits executive pay

ASSOCIATED PRESS
                                Volkswagen AG chief executive officer Matthias Müller spoke in Detroit in Jan. 2016.

Updated on  February 24, 2017 at 11:21 am
Volkswagen bounced back into the black in 2016 after suffering a loss the previous year due to the diesel emissions scandal, according to figures released by the German automaker today. Read More
ASSOCIATED PRESS
                                Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.

Yahoo salvages Verizon deal with $350 million discount

ASSOCIATED PRESS
                                Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.
Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts. Read More
ASSOCIATED PRESS / FEB. 6
                                Spectators looked down on the Nevada State Assembly on the opening day of the Legislative Session in Carson City, Nev. Democrats have introduced Senate Bill 106 to raise the wage floor by 75 cents each of the next five years. (AP Photo/Lance Iversen, File)

Democrats, workers eye wage hike as Nevada economy grows

ASSOCIATED PRESS / FEB. 6
                                Spectators looked down on the Nevada State Assembly on the opening day of the Legislative Session in Carson City, Nev. Democrats have introduced Senate Bill 106 to raise the wage floor by 75 cents each of the next five years. (AP Photo/Lance Iversen, File)
Democrats, low-income workers and union representatives argued today that lawmakers should raise state minimum wages 75 cents each of the next five years to match Nevada’s economic growth. Read More
 
ASSOCIATED PRESS FILE
                                Uber’s chief executive ordered an investigation into a sexual harassment claim made by a female engineer.

Uber to investigate sexual harassment claim by engineer

ASSOCIATED PRESS FILE
                                Uber’s chief executive ordered an investigation into a sexual harassment claim made by a female engineer.

Updated on  February 20, 2017 at 8:36 am
Uber’s chief executive ordered an urgent investigation today into a sexual harassment claim made by a female engineer who alleged her prospects at the company evaporated after she complained about advances from her boss. Read More
ASSOCIATED PRESS FILE
                                U.S. food giant Kraft Heinz Co. said its offer to buy Europe’s Unilever was rejected, but that it is still pursuing the deal.

Kraft Heinz withdraws $143B bid to buy Unilever

ASSOCIATED PRESS FILE
                                U.S. food giant Kraft Heinz Co. said its offer to buy Europe’s Unilever was rejected, but that it is still pursuing the deal.
Ketchup maker and packaged food giant Kraft Heinz has withdrawn a $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. Read More
 
STAR-ADVERTISER FILE PHOTO
                                First Hawaiian Bank

BNP’s stake in First Hawaiian dips to 62%

STAR-ADVERTISER FILE PHOTO
                                First Hawaiian Bank

Updated on  February 17, 2017 at 4:58 pm
BNP Paribas’ ownership stake in First Hawaiian Bank has gotten a little smaller. Read More
COURTSEY FIRST HAWAIIAN BANK
                                Gary Caulfield, left, and Derek Baughman

First Hawaiian Bank chief information officer to retire

COURTSEY FIRST HAWAIIAN BANK
                                Gary Caulfield, left, and Derek Baughman

Updated on  February 15, 2017 at 4:32 pm
Gary Caulfield, vice chairman and chief information officer of First Hawaiian Bank, is retiring after 34 years at the bank. Read More
DENNIS ODA / DODA@STARADVERTISER.COM
                                Ka’ui Perreira (front) and Kaimana Domingo dancing a hula during Island Air’s blessing ceremony for its new Q400 turboprop airplane in January.

Island Air punctual on 87% of its flights

DENNIS ODA / DODA@STARADVERTISER.COM
                                Ka’ui Perreira (front) and Kaimana Domingo dancing a hula during Island Air’s blessing ceremony for its new Q400 turboprop airplane in January.

Updated on  February 15, 2017 at 5:08 pm
Island Air said today that 87 percent of its flights arrived on time in January and that it had no cancellations among its 1,134 scheduled flights. Read More
Discovering Hidden Hawaii Tours website screenshot

Feds accuse Hawaii tour company president of ‘egregious sexual harassment’

Discovering Hidden Hawaii Tours website screenshot

Updated on  February 15, 2017 at 5:35 pm
The federal government has filed a lawsuit against Discovering Hidden Hawaii Tours Inc., alleging that the company’s president sexually harassed male employees for more than a decade. Read More
ASSOCIATED PRESS
                                Yahoo’s headquarters in Sunnyvale, Calif., as seen in Jan. 2015. Yahoo is warning users of potentially malicious activity on their accounts between 2015 and 2016, the latest development in the internet company’s investigation of a mega-breach that exposed 1 billion users’ data several years ago.

Yahoo issues another warning in fallout from hacking attacks

ASSOCIATED PRESS
                                Yahoo’s headquarters in Sunnyvale, Calif., as seen in Jan. 2015. Yahoo is warning users of potentially malicious activity on their accounts between 2015 and 2016, the latest development in the internet company’s investigation of a mega-breach that exposed 1 billion users’ data several years ago.

Updated on  February 15, 2017 at 12:20 pm
Yahoo is warning users of potentially malicious activity on their accounts between 2015 and 2016, the latest development in the internet company’s investigation of a mega-breach that exposed 1 billion users’ data several years ago. Read More
ASSOCIATED PRESS
                                Federal Reserve Chair Janet Yellen testified on Capitol Hill, on Nov. 17, in Washington, before the Joint Economic Committee.

Yellen: Expect Fed to resume raising rates in coming months

ASSOCIATED PRESS
                                Federal Reserve Chair Janet Yellen testified on Capitol Hill, on Nov. 17, in Washington, before the Joint Economic Committee.

Updated on  February 14, 2017 at 12:35 pm
Federal Reserve Chair Janet Yellen pointed today to a solid U.S. job market and economy and said the Fed will likely resume raising interest rates in the next few months. Read More
ASSOCIATED PRESS
                                A car involved in a Feb. 2016 accident sat in the road Virginia. The Consumer Federation of America says it found premium hikes in some cases reaching $400. It looked at premium quotes in 10 cities from five of the nation’s largest auto insurers and found that Progressive aggressively used a not-at-fault penalty, surcharging drivers in eight of the ten cities.

Drivers see higher premiums after not-at-fault crashes

ASSOCIATED PRESS
                                A car involved in a Feb. 2016 accident sat in the road Virginia. The Consumer Federation of America says it found premium hikes in some cases reaching $400. It looked at premium quotes in 10 cities from five of the nation’s largest auto insurers and found that Progressive aggressively used a not-at-fault penalty, surcharging drivers in eight of the ten cities.

Updated on  February 13, 2017 at 10:15 am
Most drivers don’t expect to be hit with a rate hike on their auto insurance after a car accident that wasn’t their fault. Read More

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