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U.S. awards Samsung $6.4B to bolster semiconductor production
The money will help Samsung, the South Korean company, fund its new chip manufacturing hub in Taylor, Texas, and expand an existing site in nearby Austin. 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 money will help Samsung, the South Korean company, fund its new chip manufacturing hub in Taylor, Texas, and expand an existing site in nearby Austin. Read more
A consumer antitrust lawsuit filed Monday in the U.S. District Court for Hawaii seeks to stop the acquisition of the 95-year-old Hawaiian Airlines by Alaska Airlines on the grounds that the merger would result in higher fares, fewer flights, job losses, and cause injury to Hawaii’s economy. Read more
The Hawaii Credit Union League’s and HCU Services Corp.’s boards of directors have announced Tim Ashcraft as president and CEO of the HCUL and HCUS effective May 13. Read more
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Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. Read more
The Dali departed Baltimore’s port early on March 26 laden with cargo destined for Sri Lanka. Read more
The union also says it has seen incidents in which tools were left in wheel wells and items were left in the sterile area around planes parked at airport gates. Read more
Two Boeing engineering executives went into detail Monday to describe how panels are fitted together, particularly on the 787 Dreamliner. They suggested the 787’s carbon-composite skin is nearly impervious to metal fatigue that weakens conventional aluminum fuselages. Read more
Stocks had been solidly higher earlier in the day, as oil prices eased with hopes that international efforts to calm escalating tensions in the Middle East may help. Read more
The layoffs could affect about 14,000 of the 140,473 workers employed by the Austin, Texas, company at the end of last year. Read more
Church volunteers on Maui who have operated a van since 2014 to distribute food and supplies to the homeless have seen the number of unsheltered people more than double since the catastrophic wildfires. Read more
Consumers don’t know whether many macadamia nut snacks identified with Hawaii contain any Hawaii-grown macadamia nuts, and an effort to change that through state law may be doomed this year. Read more
Xerox Hawaii has promoted Ian K. Yee to the position of region vice president, overseeing sales operations in Hawaii, Guam and Saipan. Read more
A special education teacher and ice cream vendor from Kahaluu is in the running for a $20,000 prize from the Neighborhood Joy Grant Program. Read more
Here are recommendations from experts to reduce financial stress during tax season while still getting your return done by the deadline. Read more
Uri Berliner, a senior business editor who has worked at NPR for 25 years, wrote that “people at every level of NPR have comfortably coalesced around the progressive worldview.” Read more
The airlines and unions said Thursday that China closed its market to U.S. carriers at the outbreak of the pandemic and imposed rules that still affect American operations and airline crews. Read more
Maui’s west-side commercial boating operators are getting some relief from the business impacts of the Maui wildfires with the state’s decision to lift temporary restrictions at Mala Wharf and its announcement that the rebuilding of a fueling system is underway at Lahaina Small Boat Harbor. Read more
Hawaii Energy has announced the following new hires Read more
The change comes weeks after Oregon passed a law outlawing Apple’s practice of tying parts to software, which is known as “parts pairing.” Read more
Since his takeover, Musk has upended many of Twitter’s policies, gutted its staff and transformed what people see on the site. Read more
The average rate on a 30-year mortgage rose to 6.88% from 6.82% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.27%. Read more
