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Boeing deliveries drop despite 737 Max’s return to flight
The market for new planes remains depressed by the pandemic, which has devastated air travel and caused airlines to reconsider aircraft purchases. Read more
The market for new planes remains depressed by the pandemic, which has devastated air travel and caused airlines to reconsider aircraft purchases. Read more
After Visa bid to buy Plaid, politicians and antitrust experts argued the deal would give Visa even more power over how customers and businesses pay for goods and services. Read more
Small-company stocks continued to outpace the rest of the market by a wide margin, a sign that investors are becoming more optimistic about an economic rebound. Read more
Layoffs soared 17.6% to 1.9 million, driven mostly by job cuts at restaurants, bars and hotels, which more than doubled. Read more
The lenders are following social media outlets and other companies in suspending ties with the president after he encouraged attendees at a rally last week to march on the Capitol. Read more
Hawaii’s largest ocean cargo transportation company is projecting its biggest profit last year will come from the final three months of 2020. Read more
Some wealthy local and mainland investors have bought financially struggling kamaaina candy maker Hawaiian Host Group. Read more
Talk is cheap. Hate is profitable. Last week’s insurrection attempt at the U.S. Capitol was heartbreaking, horrifying and shameful. It was also entirely predictable. Read more
Locations has announced the hiring of Realtor Susan Dacoscos as a broker-in-charge based in Locations’ Mililani office. Read more
A Honolulu City Council committee will consider a resolution Tuesday introduced by Heidi Tsuneyoshi asking the state to work with “interested parties” including legislators, business groups and the Army “to ensure the continuance of general aviation” at Dillingham Airfield. Read more
Airbnb said it will warn all guests in the Washington region that it may bring legal action against them if they are members of hate groups or if they plan violent activities. Read more
Analysts said a pullback was no surprise following the big rally recently for everything from stocks to bond yields to commodities amid a wave of optimism. Read more
The social media app promptly sued to get back online, telling a federal judge that the tech giant had breached its contract and abused its market power. Read more
A growing number of Wall Street banks and businesses have cut ties with President Donald Trump’s campaign and financial arms, as well as the broader Republican Party, following last week’s riots and insurrection at the U.S. Capitol. Read more
A developer is proposing a solar farm near Wahiawa that could reduce electricity bills for 1,100 area households, but the project site on fallow prime farmland has drawn community opposition. Read more
Billions of dollars in financial aid appears to be keeping most Hawaii residents out of Bankruptcy Court. Read more
The Hawai‘i Nurses’ Association said today that 93% of the nurses voted to ize the strike, which they characterize as a show of the “high level of frustration among the nurses.” Read more
Local businesses are bracing for at least a tripling of their unemployment taxes, which without legislative intervention they say would disrupt any statewide economic recovery. Read more
Kauai’s nonprofit electric utility cooperative anticipates boosting its renewable-energy production by 25% with a proposed hydro and solar electricity project. Read more
The nightmare year of 2020 brought the airline industry’s first decade of sustained profitability to a shuddering halt. The coronavirus pandemic tore through in a tumultuous, unprecedented way — leaving carriers in a deep hole, along with a constellation of aerospace manufacturers, airports and leasing firms. Read more
The final chapter in defunct streaming service Quibi is coming to an end. Read more
