October 10th, 2008
The Bank of Hawaii’s Waikiki branch will open in a new location next week.
The branch, currently at 2228 Kalakaua Ave., will move to the Bank of Hawaii Waikiki Center at 2155 Kalakaua Ave., in the building formerly called the Kalakaua Business Center on Oct. 14.
Bank of Hawaii’s international branch, which opened in February, is on […]
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October 3rd, 2008
The Jefferson County Commission voted Thursday to extend its forbearance agreements with bondholders and Wall Street creditors regarding its $3.2 billion sewer debt.
The vote was 3-2, with Jim Carns and Bobby Humphryes voting against it.
The forbearance this time will only last for a week – until Oct. 8, before Jefferson County has to pay.
Jefferson County […]
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September 20th, 2008
The monthly premium for the elderly and disabled participating in Medicare will hold steady at $96.40 next year. It’s the first time since 2000 that the charge for health coverage is not increasing.
Premiums usually go up to reflect higher costs and demand for care that are projected in the coming year. Such increases will […]
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September 11th, 2008
Quintiles Transnational has plans to bulk up in Asia.
The Durham-based clinical research organization says it’s doubling the size of its Asia-Pacific regional headquarters in Singapore. The new space will be 80,000 square feet and able to accommodate as many as 400 workers, up from the roughly 225 the company has in the region now.
Expansion of […]
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September 11th, 2008
The Edward and Lesley Phillips Family Foundation, a charitable organization started by the former president of Phillips Distilling Co., has pledged $1 million to the historic Apollo Theater in New York.
The gift will support activities surrounding the theater’s upcoming 75th anniversary season.
Eddie Phillips, former president of Minneapolis-based Phillips Distilling and an Apollo board member, made […]
Filed under: management, marketing by Finance Boss
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August 22nd, 2008
Nobel Prize-winning economists including Myron Scholes and Joseph Stiglitz predicted the credit squeeze will inflict more pain on global growth and Goldman Sachs Group Inc. projected half of the world economy faces recession.
“There will be a global recession,'' Scholes said in an interview today at a conference in Lindau, Germany, featuring 14 Nobel […]
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August 19th, 2008
The parent company of Hawaii carrier go! said Monday the interisland airline lost $7.4 million in the third quarter.
The operating loss came on revenues of $15.6 million for go!, Phoenix-based Mesa Air Group said.
That compares to losses of $3.7 million on revenues of $6.2 million for go! in the same period in 2007.
Mesa’s overall losses […]
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August 5th, 2008
Casino backers from MyOhioNow.com will submit enough signatures on Tuesday to put plans for a $600 million resort on the November ballot, those pushing the initiative said.
Rick Lertzman, who heads MyOhioNow with Brad Pressman, said the group will submit the signatures to Ohio Secretary of State Jennifer Brunner. The group will also discuss its fall […]
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July 17th, 2008
In effort to boost the local farm economy, the Southern Maryland Agricultural Development Commission will head a new fresh produce initiative starting Monday.
If every household in Southern Maryland spent $12 per week on local produce for 8 weeks, $54 million would go directly back to their farmers, according to Christine Bergmark, director of the commission.
The […]
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June 26th, 2008
Apollo Group Inc. has lost three top executives to Grand Canyon University, a private Christian college in the process of going public.
Brian Mueller, president and director of Phoenix-based Apollo Group, submitted his resignation June 24, and is heading to Grand Canyon as CEO. Going with him to the Phoenix-based college is Stan Meyer, […]
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