The latest business, finance and economic news from Hawaii, across the nation and around the world. Coverage includes airlines, businesses and more.
The ruling, by Judge Christopher Lopez in federal bankruptcy court in Houston, poses a roadblock for The Onion’s plan to take possession of the Infowars site and its associated assets after it won an auction last month. Read more
The holiday season is prime time for the purchase of new computers. Gifts, prepping students for the next semester, or setting up businesses to hit the ground running in the new year — are all high on the list for many folks. Read more
The statement, posted on his social media platform Truth Social, did not offer further details. Read more
Albertsons is the parent company of the Safeway grocery store chain. Read more
Ahead of its 2024 investor day today, the Seattle, Washington-based carrier also raised its fourth-quarter and full-year profit forecasts, citing stronger holiday travel bookings and lower interest costs. Read more
The negative comments aimed at McDonald’s were the latest in what is known as “review bombing,” where an establishment is hit with a litany of bad reviews based on a political view or an occurrence unrelated to its actual business. Read more
The Hawaii Forest Industry Association has conducted the ‘Aina Mauna Christmas Tree Demonstration Project since 2014. Read more
Hilo Circuit Judge Henry Nakamoto appointed Aaron Lee of RE/MAX Properties in Hilo as the exclusive agent for the sale of the 158-acre property known as Puainako Heights. Read more
Like other tech giants such as Microsoft and International Business Machines, Alphabet’s Google is chasing quantum computing because it promises computing speeds far faster than today’s fastest systems. Read more
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Nine out of 11 S&P 500 sectors lost ground, led by declines in financial stocks. Read more
The cost of a gallon of gasoline has dropped steadily this year compared to last, as fuel demand growth stalled from the feverish post-pandemic pace of recent years. Read more
A nonprofit affordable-housing developer plans to expand residential use in Kalaeloa with a midrise apartment rental complex on former Navy land. Read more
Oahu’s housing activity is slowing with the holiday season in full swing. Read more
Hawaii’s new-vehicle market remains stuck in neutral, and sales are forecast to decline for the third consecutive year. Read more
Trump added that he didn’t think Powell, who he has sparred with in the past over interest rate levels, would go quietly. Read more
Fewer and fewer banks cash out savings bonds, even for their own customers. Read more
Green plans to introduce a laundry list of bills on green fee funding ideas aimed at tourists so legislators can start hearings on them quickly after the 2025 session starts Jan. 15. Read more
“There’s clearly a sense of real discontent and distrust of the industry revealed in social media,” said Brian Klepper, principal of the Healthcare Performance Inc. consulting firm. “That’s not a healthy environment for an industry to prosper.” Read more
Health officials cleared TGC Retro Market 1 for business after a final on-site inspection. Sales at Cure Oahu at 70 Kihapai St. in Kailua began on Thursday. Read more
The Dow finished lower, as a 5.1% drop in UnitedHealth Group shares weighed on the index. Read more
The Dow finished lower, as a 5.1% drop in UnitedHealth Group shares weighed on the index. Read more
