Hawaiian Air leads in punctuality again

Hawaiian Airlines occupied its usual spot at the top as the most punctual airline among 12 domestic carriers.

The state’s largest airline had 94 percent of its flights arrive on time in April to easily exceed the national average of 79.6 percent, according to the Air Travel Consumer Report issued Tuesday by the U.S. Department of Transportation. Alaska Airlines was second at 90.3 percent, while ExpressJet Airlines was last at 74.2 percent. A flight is considered "on time" if it arrives less than 15 minutes after the scheduled arrival time.

In other categories, Hawaiian was fifth for fewest canceled flights at 0.3 percent of operations, or 19 canceled out of 5,910 flights; fifth for fewest mishandled baggage reports with 1.88 per 1,000 passengers; and sixth for fewest consumer complaints with 0.90 per 100,000 passengers.

Island Pacific HomeLoans opens new office

Island Pacific HomeLoans, a joint venture with Central Pacific Bank and M&A Enterprises, will celebrating the opening of its new office at 9 a.m. Thursday in the upper level of Kahala Mall. The full-service mortgage broker is open 8 a.m. to 5 p.m. Monday-Friday and by appointment Saturday, Sunday and holidays.

IPHL is led by Lorna Chan, vice president and HomeLoan manager.

April saw most U.S. job ads since 2007

WASHINGTON » U.S. companies advertised more jobs in April than in any month in 61⁄2 years, a possible harbinger of strong hiring in the months ahead. Employers posted nearly 4.5 million jobs, up strongly from 4.2 million in March, the Labor Department said Tuesday. It’s the largest number of job listings since September 2007.

Companies have been slow to fill openings since the recession ended, so the increase in postings won’t automatically lead to more jobs.

The report showed that the number of jobs filled in April, 4.7 million, was largely unchanged from March. In the past year, job postings have jumped 16.5 percent, while hiring has risen just 6 percent.

Lagging mobile business hurts RadioShack

FORT WORTH, Texas » RadioShack’s first-quarter loss widened and revenue slumped as the retailer dealt with weakness in its mobile business and consumer electronics.

Chief Executive Officer Joseph C. Magnacca said in a statement that its mobile business was hurt because the current handset assortment didn’t resonate well with customers. It was also contending with more promotions, including those of wireless carriers. Magnacca said RadioShack is working on building its pipeline of new products, including private-brand and exclusive items such as those from new partnerships with Quirky and PCH.

The company is trying to update its image and compete with the rise of online and discount retailers. Long known as a destination for batteries and obscure electronic parts, RadioShack has sought to remake itself as a specialist in wireless devices and accessories. But growth in the wireless business is slowing, as more people have smartphones and see fewer reasons to upgrade.

Part of its turnaround effort has included cutting costs, renovating stores and shuffling management. It also announced in March that it planned to close up to 1,100 of its stores in the U.S., leaving it with more than 4,000 U.S. locations.

For the period ended May 3, RadioShack Corp. lost $98.3 million, or 97 cents a share. That compares with a loss of $28 million, or 28 cents a share, a year earlier. Revenue declined 13 percent to $736.7 million from $848.4 million.

Valeant plans hostile bid for Allergan

Valeant Pharmaceuticals aims to take its bid for Allergan to the Botox maker’s shareholders after Allegan’s board unanimously rejected its latest offer of about $53 billion.

Valeant said Tuesday that it looked forward to giving shareholders the opportunity "to speak for themselves" after Allergan Chairman and CEO David Pyott said that the offer wasn’t worth discussing in a letter to his Valeant counterpart, Michael Pearson. Valeant, teamed with activist investor Bill Ackman’s Pershing Square Capital Management, went public with its offer to buy Allergan in April and has since upgraded its pitch several times.

ON THE MOVE

Anthology Marketing Group appointmented:

» Tim Mingle to senior account supervisor. He was previously an account supervisor for Saatchi & Saatchi Wellness for the past four years.

» Sylvia Foures as an experienced designer. She has 13 years of multimedia and digital experience.

» Lina Dureva toaccount coordinator. She is assigned to the Prince Resorts Hawaii and Na Hoku account teams and provides support with tracking and placement of ads, ordering of print collateral and ensuring quality control of sales and marketing products.