AARP to host 3 family caregiver events
AARP Hawaii will hold three events for family caregivers and residents preparing to care for their aging loved ones.
The events will be held in Kona, Kahului and Honolulu and are intended to familiarize residents with community resources and support needed to care for older friends and relatives — as well as plan for their own future needs.
The events will feature a keynote presentation by retired U.S. Army Major Gen. Antonio "Tony" Taguba, who serves as a caregiving ambassador for AARP. Born in the Philippines and raised in Wahiawa, the 1968 Leilehua High School graduate is only the second American citizen born in the Philippines to be promoted to the rank of general in the U.S. Army. He now lives in Virginia but still has family ties to Hawaii.
All events are free and open to the public.
The Kona event will be Thursday from 9 a.m. to noon at the West Hawaii Civic Center, 74-5044 Ane Keohokalole Highway; the Kahului event will be Friday from 4:30 to 7 p.m. at the Binhi At Anhi Filipino Community Center, 780 Onehee Ave.; and the Honolulu event will be March 28 from 7:30 a.m. to noon at the Japanese Cultural Center, Manoa Grand Ballroom, 2454 S. Beretania St., fifth floor.
To register for the events, call toll-free 877-926-8300.
Burger King to sell Whopper cologne in Japan
TOKYO » For hamburger aficionados who want the smell even when they can’t get a bite, Burger King is putting the scent into a limited-edition fragrance.
Burger King said Friday that the Whopper grilled beef burger-scented cologne will be sold only on April 1 and only in Japan.
Sounds too good to be true? It’s not an April Fools’ Day joke, though the company chose the date deliberately.
The limited "Flame Grilled" fragrance can be purchased for 5,000 yen (about $40), including the burger. There will be only 1,000 of them.
Burger King said it hopes the scent also would seduce new grilled-beef burger fans.
Simon Property ups bid for rival to $16.8B
NEW YORK » Mall operator Simon Property boosted its hostile bid for rival Macerich by 5 percent to $16.8 billion and said it will be its best and final offer.
The proposed deal would combine two of the largest U.S. shopping mall operators.
Simon set an April 1 deadline for Macerich to respond to the offer, or it will be withdrawn.
Shares of Macerich dropped more than 4 percent Friday, while Simon Property shares rose nearly 3 percent.
Outspoken Fisher leaves the Fed
DALLAS » In a decade as president of the Federal Reserve Bank of Dallas, Richard W. Fisher was frequently mistaken in his economic predictions but seldom boring.
The departure of Fisher, who stepped down Thursday, means that the Fed is losing one of the most outspoken internal opponents of its stimulus campaign just as it is winding down. Fisher argued right up to his retirement that the central bank was increasing economic inequality, destabilizing financial markets and might yet unleash higher inflation. But he is best known not so much for what he said as for the way he said it.
He spoke more often and more colorfully than any of his colleagues at the Federal Reserve, larding his speeches with quotes, anecdotes and metaphors.
Breast milk industry might deprive infants
Breast milk, that most ancient and fundamental of nourishments, is becoming an industrial commodity and one of the newest frontiers of the biotechnology industry — even as concerns abound over the fast-growing business.
One company, Prolacta Bioscience, has received $46 million in investments from life science venture capitalists. Researchers say that breast milk is brimming with potential therapeutics, not only for babies, but possibly for adults, to treat intestinal or infectious diseases, like Crohn’s disease.
But some people worry that companies might capture most of the excess breast milk and make products that would be too costly for many babies while leaving less milk for nonprofit milk banks.
Watch buff Schwarzenegger gets own brand
Arnold Schwarzenegger muscled his way into the Baselworld watch fair Friday to unveil his own brand of wristwatches, a business endeavor that might surprise fans of his movies more than aficionados of timepieces.
The Austria-born film star and former governor of California is introducing Schwarzenegger watches in partnership with Brazilian watchmaker Magnum Group. Three collections inspired by his careers in bodybuilding, acting and politics are on display at the watch industry’s largest annual gathering through next week.
ON THE MOVE
First Hawaiian Bank has promoted the following employees to executive vice president:
» Michael Coates to executive vice president and operations services division manager. Coates oversees the bank’s operations and business processes activities and is responsible for directing the entire suite of money, check, electronic and corporate payment processing channels.
» Chris Dods to executive vice president and marketing communications division manager. He is in charge of the bank’s advertising, corporate communications, special events, direct mail and employee media departments as well as deposit, IRA and cards services product areas. Dods also manages the bank’s branding, new merchandising and collateral programs in order to ensure its corporate image and messaging.
» Ralph Mesick to executive vice president and commercial real estate division manager. Mesick manages the commercial real estate lending activities and leads a team that provides financing and related banking services to business principals and real estate companies.
» Mitchell Nishimoto to executive vice president and manager, risk management group. His responsibility is overseeing core and emerging risks for the bank, as well as enterprise risk management.
