Posts Tagged ‘business news’

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The third candidate for the presidency of the University of Hawaii system has withdrawn, leaving two previously named Mainland university executives as finalists.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.

Hawaii stocks, Wall St. down after weak bond auction

Hawaii stocks were mostly down Thursday as Wall Street investors worried about the government’s ability to raise funds after weak demand at a Treasury bond auction. (BOH) (AXB) (HE) (CPF) (MLP)

Target holds Big Island job fair

Target plans to hold a job fair on the Big Island next week to fill up to 300 positions at its new store in Kona. (TGT)