CPB offers hurricane loan program

Central Pacific Bank is offering a hurricane assistance loan program to help residents on the Big Island and Maui affected by Hurricane Iselle.

The program features low interest rates, flexible loan terms, reduced monthly payments, fast approval and quick funding. The loan amounts range from $1,000 to $15,000 with terms up to 48 months.

Contact the bank’s customer service center at 544-0500 or visit any CPB branch.

Coca-Cola buys stake in Monster

Monster Beverage Corp. has agreed to sell a 17 percent stake to Coca-Cola Co. for $2.15 billion.

Last week’s deal gives Coca-Cola greater exposure to the energy drinks market, one of the fastest-growing segments in the beverage industry, having doubled in sales since 2007, according to Euromonitor International Ltd. The carbonated soft drinks category, which includes offerings from PepsiCo Inc. and Coca- Cola, expanded just 0.3 percent in 2013.

Casino moves up its closing date

ATLANTIC CITY, N.J. » The $2.4 billion Revel Casino Hotel that opened just over two years ago as a hoped-for savior for Atlantic City’s flagging casino industry will close a week earlier than originally planned, the company announced in an email Friday. The closing will put about 3,100 people out of work.

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