T-Mobile announces $14B share buyback program
T-Mobile’s latest shareholder return program is in addition to the $19 billion announced in September 2023, running through Dec. 31 this year. 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.
Trump team seeks to scrap crash reporting rule Tesla opposes
Removing the crash-disclosure provision would particularly benefit Tesla, which has reported most of the crashes – more than 1,500 – to federal safety regulators under the program. Read more
Costco tops quarterly sales, profit estimates on steady demand
Honolulu City Council approves seizure of Queen Theater
Resolution 176 would have the city seize the theater, shuttered since 1985, along with the rest of the 10,396-square-foot commercial parcel.The property is valued at $3.173 million. Read more
New Honolulu facility offers interim housing, services to families
The Ohana Navigation Center will serve hundreds of children, parents and family members annually, helping prevent and end homelessness. Read more
On the Move: Amy Nguyen-Chyung
Elon Musk’s net worth tops $400B amid Tesla, SpaceX surges
Wall Street closes lower as investors assess data
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30-year mortgage rate hits lowest level in nearly 2 months
Honolulu City Council postpones empty-homes tax bill
On the Move: George C.K. Leong
Albertsons sues Kroger for billions after merger bid ends
U.S. consumer prices post biggest rise in seven months
Facebook, Instagram down for thousands of users
UnitedHealthcare case sparks industry reckoning on patient anger
The murder ignited an outpouring of anger from Americans struggling to receive and pay for medical care. Read more
Tesla shares jump to record high
Judge rejects sale of Infowars to The Onion
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
Tech View: Buying a new computer? Here’s what to consider
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
Trump pledges fast permits for $1 billion U.S. investments
The statement, posted on his social media platform Truth Social, did not offer further details. Read more
Federal judge blocks $25B Kroger-Albertsons grocery merger
Albertsons is the parent company of the Safeway grocery store chain. Read more
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