Wage gap between genders in isles among smallest in U.S.
The wage gap between women and men in Hawaii is among the narrowest nationally, according a report released Thursday by the National Women’s Law Center.
Women in Hawaii on average are paid 81.9 cents for every dollar paid to a man, the 11th-highest rate nationally, the group reported.
The average earnings for men in Hawaii is $45,494 compared with $37,242 for women, according to an analysis of Census Bureau data done by the National Women’s Law Center.
Nationally, women earn 77 cents for every dollar earned by their male counterparts, according to the report. The gap was the narrowest in the District of Columbia, where women are paid 90.4 cents for every dollar paid to a man. It is the widest in Wyoming where women earn 66.6 cents for every dollar earned by a man.
Sports Authority to open in Windward Mall
Sports Authority will celebrate its grand opening at Windward Mall in Kaneohe at 8 a.m. Nov. 3.
The 26,000-square-foot store is on the lower level of the mall and will be the anchor store on the south end. The store, which is in the former Borders site, will include Nike and Under Armour shops, a new fitness equipment area, an expanded footwear department and a new checkout area.
Former NFL lineman Jesse Sapolu will be at the store at 1 p.m. Nov. 3 for the grand opening. The first 250 customers will receive "Mystery Bucks" that range from $5 to $500 in value, plus hourly $100 cash drawings will be held. One lucky winner will also walk away with a $500 Sports Authority shopping spree.
Regular store hours will be Monday through Saturday from 9 a.m. to 9:30 p.m. and Sunday from 9 a.m. to 8 p.m.
Nominations open for 2013 SBA awards
Individuals and organizations wishing to nominate a Hawaii business for a 2013 Small Business Administration Award can do so from now through Nov. 19.
Awards are presented in the following categories: SBA’s Small Business Person of the Year; Entrepreneurial Success; Family-Owned Business of the Year; Small Business Exporter; Young Entrepreneur of the Year; Minority Small Business Champion; Women in Business Champion; Veteran Small Business Champion; Financial Services Champion; and Home-Based Business Champion.
Nomination forms can be downloaded at www.hisbdc.com, or for more information, call 541-2990.
Goodfellow Bros. buys construction firm
Fourth-generation, family-owned construction company Goodfellow Bros. Inc. has completed its acquisition of Top Grade Construction Inc., based in Livermore Calif.
Goodfellow Bros., established in Washington state and with headquarters in Kihei, Maui, had long sought a presence in the California market, according to a statement.
Top Grade will continue to do business under its own name. The company has more than 80 full-time office and supervisory personnel and more than 300 trade union employees, and its client list includes a majority of San Francisco Bay Area general contractors, various developers and governmental contracting agencies. It is the civil contractor for construction of the new 49ers stadium in Santa Clara, Calif.
Monsanto gives $35,450 to isle nonprofits
The Monsanto Fund, the philanthropic arm of the Monsanto Co., gave $35,450 to the United Way and other nonprofits on Maui, Oahu and Molokai as part of the organization’s annual gift to communities across the country.
The Aloha United Way on Oahu received $12,850, and the Maui United Way, $14,650. On Molokai the fund gave $1,650 each to Molokai Affordable Homes and Community Development Corp.; Molokai Community Health Center; and Hui Kakoo in care of the Saint Damien Catholic Parish.
Matson declares 15-cent dividend
Matson Inc., the state’s largest ocean shipper, which was spun off from Alexander & Baldwin Inc. at midyear, declared a dividend of 15 cents a share for the fourth quarter. That maches the dividend it paid out in the third quarter.
The latest dividend will be payable Dec. 6 to shareholders of record as of the close of business Nov. 8.
United Air troubles mostly wipe out profit
It was a rough third quarter for United Airlines.
Travelers stayed away, frustrated by technology glitches from United’s merger with Continental. And a huge accounting charge wiped out most of its profit.
United’s performance weakened by every measure important to airlines: Per-passenger revenue fell 2.6 percent and was down in every part of the world except for the Pacific. Traffic fell 1.5 percent. Yield, which measures fares paid, slipped 1.2 percent.
Particularly damaging was the defection of corporate travelers, who booked elsewhere and hurt revenue.
Net income dropped to $6 million, or 2 cents a share, from $653 million, or $1.69 a share, a year earlier.
Revenue fell 2.6 percent to $9.91 billion.
Amazon posts loss of $274 million
NEW YORK » Amazon’s stock fell after the world’s largest online retailer reported third-quarter results below Wall Street’s expectations.
Amazon.com Inc. posted a loss of $274 million, or 60 cents a share, in the July-September period. That’s down from earnings of $63 million, or 14 cents a share, a year ago.
The latest results include a loss of 37 cents a share related to Amazon’s stake in LivingSocial. Without the charge it still would have lost 23 cents a share, worse than what analysts expected.
On the Move
Partners in Development Foundation has elected Kaulana Park to its board of directors. His experience includes working in management, financial and public and social service industries.
Northrop Grumman Corp. has appointed Jeffrey A. Remington as vice president and corporate lead executive. Remington retired from a 35-year career with the Air Force.
The McInerny Foundation (Bank of Hawaii, trustee) awarded a $100,000 grant to Hanahau‘oli School last month. The gift will allow the school’s Professional Development Center to offer experience-based arts workshops to Hawaii’s teachers.
Junior Achievement of Hawaii has named its executive committee for 2012-13: Ben Nakaoka, board chair; Cleo Brown, board development chair; Craig Matsuda, treasurer; Jason F. Kim, events chair; Cid H. Inouye, secretary; Don Sealey, auditor; Steve Sue, technology chair; and Jerel Yamamoto, district committee chair. The board of directors for Junior Achievement: Debra Bennett, James Bennett, Rosita Chang, Carolyn Fujioka, Gregg Furuya, John Harris, Naomi Masuno, Lance Mizumoto, Terra Montero, Tom Park, Kevin Paul, Alika Rogers, Arnold Santayana, Aaron Sato, Steve Van Ribbink and Cynthia Yamasaki.
