Hawaii, national and international business and economic news.
We’ve all been there before. Vexed by a technical issue, exhausted the Google-fu (skill in using search engines), tried the chatbot, and at wit’s end, we know we have to call for support. Read more
A $3 million intergovernmental study is planned to design measures to prevent potential Wailupe Stream Watershed flooding. Read more
IQ 360 has hired Dori Nakayama as senior account executive and Rayen Watanabe as multimedia content strategist for its Honolulu office. Read more
The company, which has been at the center of a “meme stock” trading frenzy, is struggling with declining sales in its primary business of selling new and used video game discs due to a shift to digital downloads, game streaming, and e-commerce shopping. Read more
The company expects the investment project to contribute 14 billion pounds to the country’s gross domestic product by the end of 2028 and to support more than 14,000 jobs at British businesses. Read more
The crew, a billionaire entrepreneur, a retired military fighter pilot and two SpaceX employees, lifted off from NASA’s Kennedy Space Center in Florida about 5:23 a.m. EST (11:23 p.m. Monday Hawaii time). Read more
Francine could wallop the Louisiana coast on Wednesday with life-threatening winds, drenching rains and an up to 10-foot storm surge. Read more
The proposal was moved by an investor group led by Domini Impact Equity Fund, which was among more than 60 investors to sign a letter last year urging Nike to pay $2.2 million in allegedly unpaid wages to some 4,000 garment workers in Cambodia and Thailand. Read more
Apple’s shares fell 1.7% today, a day after the U.S. tech giant unveiled its new iPhones that sport hardware-level integration for applications based on artificial intelligence but with limited changes to the external design. Read more
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The airline said the wing of a Delta Airbus A350 that was set to depart for Tokyo-Haneda struck the tail of an Endeavor Air CRJ-900 that was scheduled to department for LaFayette, Louisiana, resulting in damage to the tail of the regional jet and the wing of the A350. Read more
The move brings the bank closer to its plan to reach a $25 minimum hourly wage by 2025, as it aims to attract and retain talent in a competitive job market. Read more
An affordable condominium project in Kakaako marketed as extraordinary boutique housing is facing the extraordinary prospect of foreclosure on unsold units nearly three years after opening. Read more
An over 50-year-old petroleum refinery in James Campbell Industrial Park plans to develop and commission what it deems will be the largest renewable fuel production facility in Hawaii. Read more
Resident David Owens compared one project to the “monster homes” on Oahu. Read more
Pacific Permanente Group has hired June Kim as a new pulmonologist for Maui Memorial Medical Center and the Maui Memorial Medical Center Outpatient Clinic. Read more
The company has been looking to turn around its business and sharpen its focus on its core operations under a restructuring plan it unveiled in May, when CEO Kevin Plank said prioritizing too many areas of product strategy had led to inefficiencies and strained resources. Read more
Boeing’s latest 737 supplier master schedule communicated to the industry calls for MAX output to reach 42 a month in March 2025, compared with a previous target of September 2024, the sources told Reuters. Read more
“Based on the label, he reasonably believed the product was safe for use on his genitalia,” the complaint said, referring to Goodman. Read more
The bill, which still needs to be approved by the U.S. Senate before it could become law, would prohibit the company’s products from operating on U.S. communications infrastructure. Read more
Along with jitters about the U.S. economy’s health, investors have been contending with uncertainty about the Fed’s interest rate decision due Sept. 18. Read more
Francine could become a Category 1 hurricane with winds of up to 85 mph, ahead of landfall on the Louisiana coast on Wednesday evening, the National Hurricane Center said. Read more
