Hawaii, national and international business and economic news.
Amazon said on Tuesday its expansion in Britain, its third biggest market after the United States and Germany, would create thousands of jobs. It currently employs 75,000 in the UK, making it a top ten private sector employer. Read more
When homes and businesses crank up energy-intensive air conditioners, the risk of power outages increases in extremely hot temperatures if electricity output fails to meet rising consumption. Read more
The overall wedding market, which tends to attract more visitors per party, fell 4.2% to 67,508 visitors in 2023, according to state officials. Read more
Hawai‘i Tourism Authority’s community program applicants are in limbo because the agency’s budget was not approved in time to meet the award schedule and the delay is bumping up against the program’s fiscal-year start. Read more
Honolulu attorney Jeff Portnoy said that Dr. Edward Gutteling, who owns the clinics, was blindsided when the Department of Health issued “an outrageous press release” Thursday announcing the fines and the cease-and-desist order. Read more
A Reuters witness saw several Tesla “robotaxis” on Sunday morning in a popular area of the Texas capital called South Congress with no one in the driver’s seat but one person in the passenger seat. Read more
Airlines continued to avoid large parts of the Middle East due to missile exchanges between Israel and Iran, the latest upheaval to travel in the region. Read more
Five Hawaii fitness centers developed with homegrown mixed- martial arts champion B.J. Penn are having grand reopening celebrations today amid pleas for their namesake to seek help. Read more
This would be the first time that an Nvidia product will be made with the assistance of humanoid robots and would be Foxconn’s first AI server factory to use them on a production line, sources said. Read more
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Entertainment America Inc., operators of the Chuck E. Cheese at the Pearl City Shopping Center, notified the state that the closure would be on or after Aug. 10. Read more
Trump signed an executive order pushing back Thursday’s deadline for 90 days, a step he had previously signaled. Read more
The explosion occurred around 11 p.m. local time while Starship was on a test stand at its Brownsville, Texas Starbase while preparing for the tenth test flight, SpaceX said in a post on Musk’s social-media platform X. Read more
Maui County Council members heard another full day of testimony Wednesday for and against a proposal to convert 6,100 vacation rentals in Maui “apartment districts” into long-term housing, but recessed with plans for a third and fourth hearing. Read more
Mark Walter, the CEO and chairman of holding company TWG Global, is set to take the majority ownership and also has stakes in the Los Angeles Dodgers and the WNBA franchise Los Angeles Sparks. Read more
In new economic projections, policymakers sketched a modestly stagflationary picture of the U.S. economy, with economic growth slowing to 1.4% this year, unemployment rising to 4.5% by the end of this year, and inflation finishing 2025 at 3%, well above the current level. Read more
The largest decline in sales in four months reported by the Commerce Department on Tuesday added to moderate job growth last month in suggesting that domestic demand was softening. Read more
It happens to everyone. We get old. Part of that equation is losing bone density after the age of 30. Read more
Americans watched more television via streaming services than they did through cable and broadcast networks in the month of May, Nielsen said in a report today. It is the first time that has happened over a full month. Read more
It was all but silent on a recent morning at Uekahuna, the newly restored viewing area overlooking the summit of Kilauea Volcano on Hawaii island. Read more
The lawsuit, filed in federal court in Washington, D.C., said the administration violated the U.S. Constitution in a series of executive orders targeting law firms over their past clients and lawyers they hired. Read more
Air India said in a statement on Monday that flight AI315 returned to Hong Kong because of what it described as “a technical issue” without giving details. Read more
