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Cruise wants to test self-driving vehicles across California
The GM subsidiary already is running an autonomous ride-hailing service in its hometown of San Francisco after testing for more than two years. Read more
The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
The GM subsidiary already is running an autonomous ride-hailing service in its hometown of San Francisco after testing for more than two years. Read more
The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January. Read more
The recent collapses of Silicon Valley Bank and Signature Bank, which catered mostly to the tech industry, were the second- and third-biggest bank failures in U.S. history. Read more
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Farmers and ranchers with no more than 10 cows would be allowed sell raw milk directly under a House bill scheduled to be heard today by a Senate committee. Read more
1 Hotel Hanalei Bay, which opened in February on Kauai, aims to set new standards of sustainability for the luxury hotel market — an expensive quest that contributed to an investment approaching $2.1 million per room, among the expenditure highs for purchasing and transforming a resort in Hawaii. Read more
The Swiss Federal Council, a seven-member governing body that includes Berset, passed an emergency ordinance that allows the merger to go through without the approval of shareholders. Read more
Gov. Josh Green noted the center, which opened in 1998 at a cost of $200 million, is a “highly important” venue for local organizations and events, as well as business travelers who come to Oahu for conferences. Read more
California Splendor, whose products had been sold at Costco stores in Hawaii, said in a statement that hepatitis A had not been detected in its products. Read more
Japan Prime Minister Fumio Kishida said the sides agreed to strengthen supply chains in minerals, semiconductors, batteries and other strategic areas. Read more
Trump posted the same clip on YouTube, which announced today that it, too, was welcoming him back. Read more
The proceedings ended without a determination whether Holmes, 39, will be able to stay out of prison while her appeal unfolds or will surrender to authorities on April 27. Read more
Analysts have been quick to say the current chaos for banks looks nowhere near as bad as the 2007-08 financial crisis that ruined the global economy. Read more
The filing from SVB Financial Group was widely expected, with much of the company now under the control of banking regulators. Read more
The largest of two recalls covers nearly 1.3 million 2013 through 2018 Ford Fusion and Lincoln MKX midsize cars. Read more
Bank of Hawaii, the hardest-hit of the five publicly traded local banks in the aftermath of the spreading global financial crisis, saw its stock rebound 10.7% Thursday as 11 of the largest U.S. banks infused $30 billion into the smaller San Francisco-based First Republic Bank. Read more
Several dozen workers among thousands at a Nissan factory in Tennessee voted not to unionize today, another loss in tough territory for organized labor at a foreign-owned auto assembly plant in the traditionally anti-union South. Read more
Nearly half the money — $143 billion — went to holding companies for two major banks that failed over the past week, Silicon Valley Bank and Signature Bank. Read more
Yellen told senators at a Capitol hearing that the U.S. banking system “remains sound” and Americans “can feel confident” about the safety of their deposits. Read more
The medication has been used by millions of Americans since the FDA granted it emergency use authorization in late 2021. Read more
Microsoft is marketing the feature as a tool that will allow workers to be more productive by freeing up time they usually spend in their inbox, or allowing them to more easily analyze trends in Excel. Read more
First Republic serves a similar clientele as Silicon Valley Bank, which failed Friday after depositors withdrew about $40 billion. Read more
