Kamehameha Schools trustee process is upheld
An almost decade-old effort to make the selection process for Kamehameha Schools trustees more self-governing appears to have come up short in state court. Read more
Business
The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
On the Move: Kryn Tsutahara and Amy Watabayashi
Atlas Insurance Agency has hired Kryn Tsutahara as account manager III for its Commercial Lines Operations unit and Amy Watabayashi as business development and benefit consultant for its Employee Benefit unit. Read more
Sheraton Kauai hotel workers ratify contract
Nearly 5,000 hotel workers at eight Hawaii hotels have ratified new contracts this month. Read more
Wall Street indexes end lower after hopes for next rate cut erode
While traders were still betting on a 25-basis point reduction at the Fed’s December meeting, the probability fell to 62% from 76% earlier in the afternoon and from 82.5% on Wednesday, the CME FedWatch tool showed. Read more
Trump’s transition team aims to kill Biden EV tax credit
Ending the tax credit could have grave implications for an already stalling U.S. EV transition. Read more
Producer price increase hints at slower inflation decline
The data did not change the view that the Federal Reserve would deliver a third interest rate cut next month, but left economists expecting firmer readings in the personal consumption expenditures price indexes in October. Read more
No joke: the Onion buys Alex Jones’ Infowars out of bankruptcy
The Onion said in a statement today it aims to replace “Infowars’ relentless barrage of disinformation” with the Onion’s “noticeably less hateful disinformation.” Read more
FEMA extends assistance to Maui survivors; Schatz asks for further aid
The Federal Emergency Management Agency has approved Hawaii’s request to extend Financial Assistance and Direct Temporary Housing Assistance for an additional year, now through Feb. 10, 2026. Originally, the 18-month assistance period was scheduled to end on Feb. 10, 2025. Read more
On the Move: Ritabelle Fernandes
The Honolulu Star-Advertiser strives to make its news report fair and accurate. If you have a question or comment about news coverage, call Marsha McFadden, managing editor/news, at 808-529-4759 or email city editors at cityeditors@staradvertiser.com. Read more
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Asia’s airlines blame supply chain woes for disrupted operations
Asia-Pacific travel demand has recovered from the pandemic, but earnings at the region’s airlines are under pressure from supply chain problems disrupting operations and exposing them to strengthening consumer protection rules, industry executives say. Read more
Amazon launches low-cost ecommerce service in US to challenge Temu
Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them a selection of products at $20 or less, the online retailer said on Wednesday, as it looks to take on Chinese firms Shein and PDD Holdings’ Temu. Read more
Labor board bans mandatory anti-union meetings in Amazon ruling
Employers can lawfully hold meetings to discuss unionizing if they are voluntary, workers are given advance notice of subjects to be discussed, and no attendance records are kept, said the board. Read more
DOH: Woman impersonated health inspector at Kahala supermarket
The DOH Food Safety Branch says last Thursday at about 6:30 p.m., a woman with dark hair allegedly identified herself as a health inspector at Whole Foods and then began questioning an employee about the store’s food products. Read more
Tesla recalls 2,400 Cybertrucks, marking 6th time this year
A fault in the driver inverter in Cybertrucks manufactured through July 30 could cause the vehicle to stop producing torque when the driver uses the accelerator pedal, resulting in a loss of propulsion and increasing the risk of a crash, Tesla said in a filing with the National Highway Traffic Safety Administration. Read more
Bitcoin rises above $90,000 on Trump euphoria
Trump embraced digital assets during his campaign, promising to make the United States the “crypto capital of the planet” and to accumulate a national stockpile of bitcoin. Read more
Hawaii County Council considers competing cell tower bills
Both bills require that any new cell tower be built at least 120% of the tower’s height away from any property line and at least 1,000 feet from any residence or school. Read more
Tech View: Passkeys offer latest means to effective online security
The quest to secure one’s online accounts seems to be never-ending. From simple passwords to complex passwords, multifactor authentication to password management software, “improvements” have bombarded us. Read more
DHHL receives over $72 million for broadband connectivity expansion
The state Department of Hawaiian Home Lands has received a more than $72 million grant from the National Telecommunications and Information Administration’s Tribal Broadband Connectivity Program to expand high-speed internet access for Native Hawaiian households. Read more
On the Move: Tracy Hart and Mary Lester
Vivia by Ho‘okele Home Care has promoted Tracy Hart to vice president of client navigation and Mary Lester to vice president of operations. Read more
Japan’s Seven & i says receives buyout proposal from founding Ito family
Japan’s Seven & i Holdings has received a buyout proposal from a member of its founding Ito family, it said on Wednesday following a report that the 7-Eleven owner was considering a management buyout offer worth up to $58 billion. Read more
Wall Street indexes dip with focus on economic data
The three major indexes had rallied to record highs since the Nov. 5 U.S. election as investors bet on a boost to equities from President-elect Donald Trump’s proposed tax cuts and the prospect of easier regulatory policies. Read more
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Trump selects RFK Jr. to lead Health and Human Services department
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Kamehameha Schools trustee process is upheld
More Business
Kamehameha Schools trustee process is upheld
On the Move: Kryn Tsutahara and Amy Watabayashi
Sheraton Kauai hotel workers ratify contract
Wall Street indexes end lower after hopes for next rate cut erode
Trump’s transition team aims to kill Biden EV tax credit
