Archive for the ‘business news’ category
Starbucks bails out some employee stock options
Because the company’s share price has significantly dropped in the past year, officials at Starbucks Corp. are giving employees with stock options a chance to swap out their “under water” options. (SBUX)
Kauai’s Hanalei takes No. 1 on Dr. Beach’s top 10
A Hawaii beach took the top spot on Dr. Beach’s list of America’s Best Beaches in 2009.
Hawaii jobless rate at 6.9% in April
Hawaii’s unemployment rate dipped to 6.9 percent in April, down from 7.1 percent in March and up 3.4 percentage points from a year ago.
Hawaii reported 10 ‘mass layoffs’ in April
Hawaii had 10 “mass layoffs” in April, up from five in March.
Hawaii hotel occupancy drops to 62%
Hawaii hotel occupancy and room rates continue to fall, as they have nearly all year.
Fitch Affirms Bank of Hawaii Corporation’s IDR at ‘A-’; Outlook Stable
NEW YORK–(BUSINESS WIRE)–Reflecting the strength of its strong local franchise and solid credit fundamentals, Fitch Ratings has affirmed the ratings of Bank of Hawaii Corporation (BOH) and its bank subsidiary, Bank of Hawaii. The Rating Outlook is Stable. A complete list of ratings follows at the end of this release. Having benefited from a healthy [...]
New law exempts real estate professionals
Gov. Linda Lingle has signed into law a bill that excludes real estate professionals from the definition of a distressed property consultant under a law passed last year.
Former bank of Hawaii Bank employee gets prison for embezzling
A former Bank of Hawaii employee will spend more than four years in federal prison for stealing more than $146,000 over a two-year period from the trust account of a customer in failing health. Lianne Gonzaga will also have to repay twice the amount of money she stole. U.S. District Judge Helen Gillmor sentenced Gonzaga [...]
Cancer Center, Leeward Radiation Oncology merge
The Cancer Center of Hawaii and Leeward Radiation Oncology have merged to form The Cancer Center of Hawaii Liliha and The Cancer Center of Hawaii Leeward.
INTO boutique to close in Chinatown
Into, an upscale accessories and home-furnishings boutique in Chinatown, is closing after four years in business.
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