The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
Musk posted a poll on Saturday asking if Jones should be reinstated, with the results showing 70% of those who responded in favor. Early Sunday, Musk tweeted, “The people have spoken and so it shall be.” Read more
Hawaiian Electric is starting contract negotiations with developers of 15 renewable energy projects across the state that will “further reduce Hawaii’s dependence on imported oil for power generation,” the company announced. Read more
The danger is that the magnets could easily attach with other magnets or metal objects, making them an even greater hazard if swallowed. Read more
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The big shift to tiny electric vehicles is underappreciated in the United States and Europe, where the focus has been mainly on cars. Read more
At the center of the storm was OpenAI CEO Sam Altman, a 38-year-old multimillionaire. Read more
The EU took an early lead in the global race to draw up AI guardrails when it unveiled the first draft of its rulebook in 2021. Read more
The Food and Drug Administration said the one-time treatments can be used for patients 12 and older with severe forms of the disease. Read more
CEO Daniel Ek said that the two had “come to the conclusion that Spotify is entering a new phase and needs a CFO with a different mix of experiences.” Read more
The jobs report and other recent data portray an economy and a labor market that, while still sturdy, are downshifting back to pre-pandemic norms. Read more
Lisa Martin’s appointment to the Honolulu Liquor Commission was confirmed Wednesday by the Honolulu City Council, bringing the commission to its full five members. Read more
Girl Scouts of Hawaii has selected Kanoe Naone as its new chief executive officer, effective Jan. 8. Read more
London-based OnlyFans is a subscription site where people can pay creators for photos and videos. Read more
The last time the average rate was lower was in early August, when it was at 6.96%. Read more
Such encryption means that no one other than the sender and the recipient — not even Meta — can decipher people’s messages. Read more
CEO Dan Clancy said the network fees the company has been paying to South Korean internet operators were 10 times more than in most other markets. Read more
The holiday season is in full swing, with many Hawaii residents beginning their holiday decorating with a Christmas tree — the first mainland shipment arriving from Oregon and Washington on Nov. 5. Read more
Oahu’s housing market experienced relatively small and mostly negative changes in sales and prices of previously owned homes last month. Read more
Adventist Health Castle has added two new providers to its team Read more
The foundation announced the gift today, saying 75% of the amount will be designated for the Maui Strong Fund, while the remainder will support operating costs for ongoing relief efforts. Read more
The rollout will unfold in phases, with less sophisticated versions of Gemini called “Nano” and “Pro” being immediately incorporated into Google’s AI-powered chatbot Bard and its Pixel 8 Pro smartphone. Read more
The company believes its current footprint isn’t meeting demand, especially in faster-growing regions of the U.S. Read more
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