Archive for the ‘business news’ category

Horizon Lines honored for service

Lowe?s Cos. Inc. has recognized Horizon Lines Inc. with its 2008 Platinum Carrier Award. (HRZ) (LOW)

Cape Wind lands federal nod

The Cape Wind project has received a favorable review from the federal agency charged with determining the project?s environmental impact, setting the stage for approval of the project some seven years in the making.

Plummeting gas prices contribute to smallest annual inflation rate since 1954

The U.S. posted its smallest inflation rate in more than 60 years for 2008, mainly because of a record plunge in gas prices.

Hawaii gas prices up 3 cents this week

Gas prices in Hawaii are up again in some areas for the second week in a row.

Circuit City going out of business

Circuit City Stores Inc. said Friday that it is liquidating its assets after it was unable to reach an agreement to find a buyer for the electronics retailer. (CC)