Archive for the ‘business news’ category
JAL cancels fuel surcharge on international flights
Japan Airlines has canceled its fuel surcharge on international flights.
Oahu hotel occupancy grows
Oahu hotel room occupancy grew 2.2 percentage points to 75.1 for the week ending May 2.
UH down to 2 presidential candidates
The third candidate for the presidency of the University of Hawaii system has withdrawn, leaving two previously named Mainland university executives as finalists.
Hotel manager Marc Resorts closes
Citing a weak economy, hotel management company Marc Resorts Hawaii has shut down operations.
Fed tells BofA, Wells to raise capital
The Federal Reserve has told Bank of America Corp. it needs to raise $33.9 billion in capital, while Wells Fargo and Co. must boost its reserves by $13.7 billion. (BAC) (WFC)
Mayor signs drivers’ cell-phone ban
Honolulu’s ban on drivers using cell phones and other electronic devices goes into effect July 1.
Budgets cut by 35% of nonprofits
Only 35 percent of nonprofit organizations cut their annual budgets over the past year, according to a new, national survey of public charities and private foundations.
NAPA to sponsor WAC tournament
Napa Auto Parts has signed a one-year contract to be the title sponsor for the 2009 Western Athletic Conference Baseball Tournament at the University of Hawaii at Manoa.
“Land and Power” author releases new book
A new book about the Bishop Estate controversy in the 1990s — told through the eyes of Kamehameha Schools employees, students and other regular people — will be released this month.
Hawaiian Waters sold, to be renamed Wet ‘n’ Wild Hawaii
Hawaiian Waters Adventure Park has been sold to a Florida company and will be renamed Wet ‘n’ Wild Hawaii this summer.
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