Howard's Business Report - Hawaii News Now - KGMB and KHNL

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  • Business Report: The FCC to allow more consolidation in the media

    Business Report: The FCC to allow more consolidation in the media

    Thursday, November 16 2017 3:07 PM EST2017-11-16 20:07:42 GMT

    In 1970 when i broke into radio as a high school senior, every radio and TV station did some news. They had to; the FCC required it, because the airwaves are a public trust. You could own no more than 7 AM stations, 5 FM stations and 5 TV stations. And, of course, in 1970, most large cities had two...

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    In 1970 when i broke into radio as a high school senior, every radio and TV station did some news. They had to; the FCC required it, because the airwaves are a public trust. You could own no more than 7 AM stations, 5 FM stations and 5 TV stations. And, of course, in 1970, most large cities had two...

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  • Business Report 11/15/17: Where in the world is wealth?

    Business Report 11/15/17: Where in the world is wealth?

    Wednesday, November 15 2017 3:44 PM EST2017-11-15 20:44:56 GMT
    It's time for Howard's Illustrated Economics. Where in the world is wealth? A new Swiss bank report is getting headlines this morning. It says the percentage of worldwide wealth held by the top 1 percent has gone over half. But the report also measures total wealth by region. Howard Dicus has more.  Copyright 2017 Hawaii News Now. All rights reserved.More >>
    It's time for Howard's Illustrated Economics. Where in the world is wealth? A new Swiss bank report is getting headlines this morning. It says the percentage of worldwide wealth held by the top 1 percent has gone over half. But the report also measures total wealth by region. Howard Dicus has more.  Copyright 2017 Hawaii News Now. All rights reserved.More >>
  • Illustrated Economics: Soaring value of tech stocks

    Illustrated Economics: Soaring value of tech stocks

    Tuesday, November 14 2017 2:00 PM EST2017-11-14 19:00:58 GMT

    For this edition of Illustrated Economics, Howard talks about the soaring value of tech stocks.

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    For this edition of Illustrated Economics, Howard talks about the soaring value of tech stocks.

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  • Illustrated Economics: Airline frequent flier programs

    Illustrated Economics: Airline frequent flier programs

    Monday, November 13 2017 1:48 PM EST2017-11-13 18:48:36 GMT
    It’s time for Howard’s Illustrated Economics. This morning, the role of Hawaii in airline frequent flier programs. Mileage programs reward loyalty, but at some point you have to, you know, reward loyalty. Nationwide, 6.8% of all fliers are flying free, burning up miles. But on routes to Hawaii, the percentage burning miles is higher, 11.4%. That’s half again more passengers flying free.  Southwest Airlines is a special case. While the national average of pas...More >>
    It’s time for Howard’s Illustrated Economics. This morning, the role of Hawaii in airline frequent flier programs. Mileage programs reward loyalty, but at some point you have to, you know, reward loyalty. Nationwide, 6.8% of all fliers are flying free, burning up miles. But on routes to Hawaii, the percentage burning miles is higher, 11.4%. That’s half again more passengers flying free.  Southwest Airlines is a special case. While the national average of pas...More >>
  • Business Report: 11/10/17

    Business Report: 11/10/17

    Friday, November 10 2017 2:35 PM EST2017-11-10 19:35:56 GMT

    Bloomberg News recently took a look at that, after Hawaiian Airlines said it got a quarter of all its revenue from interisland service and flew more than 1 million people a year just between Kahului and Honolulu.

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    Bloomberg News recently took a look at that, after Hawaiian Airlines said it got a quarter of all its revenue from interisland service and flew more than 1 million people a year just between Kahului and Honolulu.

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  • Business Report: 11/9/17

    Business Report: 11/9/17

    Thursday, November 9 2017 2:39 PM EST2017-11-09 19:39:53 GMT

    The EEOC rules against Snappers Sports Bar in Waikiki – concluding that the bar supported and condoned sexual harassment of employees, including unwanted touching, until employees had to quit to make it stop. The report accuses owner Michael Wenzel of personally engaging in harassment...

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    The EEOC rules against Snappers Sports Bar in Waikiki – concluding that the bar supported and condoned sexual harassment of employees, including unwanted touching, until employees had to quit to make it stop. The report accuses owner Michael Wenzel of personally engaging in harassment...

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  • Sunrise On The Road: Business Report - 11/8/17

    Sunrise On The Road: Business Report - 11/8/17

    Wednesday, November 8 2017 3:14 PM EST2017-11-08 20:14:35 GMT

    Alexander & Baldwin is back in the black after closing its sugar plantation – summer net just under $7 million on $111 million revenue. Business grew at its Grace Pacific division. And Hawaiian Telcom took a paper loss over the summer but operations actually came close to breakeven. Par Pacific, with refinery...

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    Alexander & Baldwin is back in the black after closing its sugar plantation – summer net just under $7 million on $111 million revenue. Business grew at its Grace Pacific division. And Hawaiian Telcom took a paper loss over the summer but operations actually came close to breakeven. Par Pacific, with refinery...

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  • Business Report: The truth about corporate taxes

    Business Report: The truth about corporate taxes

    Tuesday, November 7 2017 3:30 PM EST2017-11-07 20:30:31 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Small businesses, the ones that create jobs, doubtless would benefit from paying fewer taxes. But it's not always true that the tax code is unfair to major corporations. What is true is, major corporations are unfair to the tax code, evading taxes with impunity. A consortium of newspapers has uncovered...

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    Small businesses, the ones that create jobs, doubtless would benefit from paying fewer taxes. But it's not always true that the tax code is unfair to major corporations. What is true is, major corporations are unfair to the tax code, evading taxes with impunity. A consortium of newspapers has uncovered...

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  • Illustrated Economics: What can you buy with $90 billion?

    Illustrated Economics: What can you buy with $90 billion?

    Monday, November 6 2017 1:41 PM EST2017-11-06 18:41:53 GMT

    Amazon founder Jeff Bezos, now the richest man in America, is worth well over $90 billion. That made us wonder, what does $90 billion buy? 

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    Amazon founder Jeff Bezos, now the richest man in America, is worth well over $90 billion. That made us wonder, what does $90 billion buy? 

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  • Illustrated Economics: House GOP Tax Plan

    Illustrated Economics: House GOP Tax Plan

    Friday, November 3 2017 1:53 PM EDT2017-11-03 17:53:16 GMT
    For this edition of Howard's Illustrated Economics, trouble in the tax plan. Republican members of Congress will own the tax plan in the next campaign, whether they were in the same cadre that wrote it or not. Hundreds of Republican lawmakers are as concerned as you are. President Trump promised "a major, major tax cut" for working Americans. Didn't happen. This is a minor, minor tax cut, offset by certain changes to deductions. The average family of four will see a saving...More >>
    For this edition of Howard's Illustrated Economics, trouble in the tax plan. Republican members of Congress will own the tax plan in the next campaign, whether they were in the same cadre that wrote it or not. Hundreds of Republican lawmakers are as concerned as you are. President Trump promised "a major, major tax cut" for working Americans. Didn't happen. This is a minor, minor tax cut, offset by certain changes to deductions. The average family of four will see a saving...More >>
  • Business Report 11/1/17: November airlift

    Business Report 11/1/17: November airlift

    Wednesday, November 1 2017 4:43 PM EDT2017-11-01 20:43:53 GMT

    In this edition of Illustrated Economics, Howard went over Hawaii's November airlift. 

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    In this edition of Illustrated Economics, Howard went over Hawaii's November airlift. 

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  • Business Report 10/31/17: Hawaii's biggest banks

    Business Report 10/31/17: Hawaii's biggest banks

    Tuesday, October 31 2017 5:02 PM EDT2017-10-31 21:02:25 GMT

    In this Business Report, Howard takes a glance at Hawaii's five biggest banks. 

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    In this Business Report, Howard takes a glance at Hawaii's five biggest banks. 

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  • Business Report 10/30/17: Water pollution

    Business Report 10/30/17: Water pollution

    Monday, October 30 2017 4:30 PM EDT2017-10-30 20:30:59 GMT

    Officials in Minnesota put together a pie chart on different sources of water pollution and I wanted to share it before it contains some surprises, at least for me. 

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    Officials in Minnesota put together a pie chart on different sources of water pollution and I wanted to share it before it contains some surprises, at least for me. 

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  • Business Report: September tourism numbers

    Business Report: September tourism numbers

    Friday, October 27 2017 4:14 PM EDT2017-10-27 20:14:51 GMT

    In this Friday edition of Illustrated Economics, Howard went over September tourism data. 

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    In this Friday edition of Illustrated Economics, Howard went over September tourism data. 

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  • Business Report: Issues in the Republican tax plan

    Business Report: Issues in the Republican tax plan

    Thursday, October 26 2017 5:44 PM EDT2017-10-26 21:44:01 GMT

    Democrats are attacking the Republican tax plan. So you may assume, any problem with it, you've heard about, in those attacks.

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    Democrats are attacking the Republican tax plan. So you may assume, any problem with it, you've heard about, in those attacks.

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  • Business Report: A 20-year forecast for air traffic worldwide

    Business Report: A 20-year forecast for air traffic worldwide

    Wednesday, October 25 2017 3:43 PM EDT2017-10-25 19:43:41 GMT

    The International Air Transport Association says, in 20 years, traffic will double. That's a cautionary note for officials working on upgrading air traffic control. Asia-Pacific is driving growth. In five years China will overtake America for air travel. In 20 years China will have twice the air traffic America has today...

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    The International Air Transport Association says, in 20 years, traffic will double. That's a cautionary note for officials working on upgrading air traffic control. Asia-Pacific is driving growth. In five years China will overtake America for air travel. In 20 years China will have twice the air traffic America has today...

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  • Business Report: A next-generation wind farm off the coast of Scotland

    Business Report: A next-generation wind farm off the coast of Scotland

    Tuesday, October 24 2017 3:34 PM EDT2017-10-24 19:34:32 GMT

    Let's start with a map of Scotland that shows you where this project is. The Hywind project is 15 miles off the coast of Peterhead, in Aberdeenshire. It's a fishing town and a service port for North Sea oil rigs. What's new about them is, they're floating rigs, tethered to the sea bottom by chains. It's the world's...

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    Let's start with a map of Scotland that shows you where this project is. The Hywind project is 15 miles off the coast of Peterhead, in Aberdeenshire. It's a fishing town and a service port for North Sea oil rigs. What's new about them is, they're floating rigs, tethered to the sea bottom by chains. It's the world's...

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  • Business Report: Unemployment rates vary by island

    Business Report: Unemployment rates vary by island

    Tuesday, October 24 2017 2:58 AM EDT2017-10-24 06:58:53 GMT

    Howard Dicus reports on Hawaii's unemployment by island. All percentages are without seasonal adjustment; parentheses show year-before jobless rates. U.S. 4.1 (4.8) Hawaii 2.4 (3.1) Kauai 2.3 (3.3) Oahu 2.3 (2.9) Maui Co. 2.5 (3.3) Big Island 2.8 (3.6) Maui Island 2.4 (3.1) Lanai 4.3 (4.1) Molokai 6.7 (7.4)   Copyright 2017. Hawaii News Now. All Rights Reserved.

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    Howard Dicus reports on Hawaii's unemployment by island. All percentages are without seasonal adjustment; parentheses show year-before jobless rates. U.S. 4.1 (4.8) Hawaii 2.4 (3.1) Kauai 2.3 (3.3) Oahu 2.3 (2.9) Maui Co. 2.5 (3.3) Big Island 2.8 (3.6) Maui Island 2.4 (3.1) Lanai 4.3 (4.1) Molokai 6.7 (7.4)   Copyright 2017. Hawaii News Now. All Rights Reserved.

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  • Business Report: How prepared are we for the next recession?

    Business Report: How prepared are we for the next recession?

    Thursday, October 19 2017 4:23 PM EDT2017-10-19 20:23:02 GMT

    It’s not that we expect a recession next week. But we know there will be one eventually. Last time, with mortgage lenders giving loans to people who couldn’t afford them, and Wall Street selling risky investments under the pretense they were safe, we weren’t prepared. Especially unprepared, state governments...

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    It’s not that we expect a recession next week. But we know there will be one eventually. Last time, with mortgage lenders giving loans to people who couldn’t afford them, and Wall Street selling risky investments under the pretense they were safe, we weren’t prepared. Especially unprepared, state governments...

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  • Business Report: The plan to end the estate tax

    Wednesday, October 18 2017 3:30 PM EDT2017-10-18 19:30:43 GMT

    America has 2.7 million estates. Only 52 hundred of them will own any estate tax this year. That's one fifth of one percent. We've heard that the estate tax devastates farming and trucking families. But not one farm is expected to pay it this year, and only two or three truckers nationwide. That's the economic truth...

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    America has 2.7 million estates. Only 52 hundred of them will own any estate tax this year. That's one fifth of one percent. We've heard that the estate tax devastates farming and trucking families. But not one farm is expected to pay it this year, and only two or three truckers nationwide. That's the economic truth...

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  • Business Report: How much inflation is the right amount?

    Business Report: How much inflation is the right amount?

    Tuesday, October 17 2017 4:11 PM EDT2017-10-17 20:11:22 GMT

    Too much inflation is bad, but since the Great Recession we've had super-low inflation. And that can be bad, too. When inflation is low, people and companies delay spending, in case it's cheaper tomorrow. Japan's economy has been sluggish for 20 years because of deflation. The Fed has deliberately...

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    Too much inflation is bad, but since the Great Recession we've had super-low inflation. And that can be bad, too. When inflation is low, people and companies delay spending, in case it's cheaper tomorrow. Japan's economy has been sluggish for 20 years because of deflation. The Fed has deliberately...

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  • Business Report: 10/16/17

    Business Report: 10/16/17

    Monday, October 16 2017 4:48 PM EDT2017-10-16 20:48:57 GMT

    Target is hiring. This is the third and final day of job fairs in all Honolulu area Target stores. They have 800 seasonal openings. Walmart Hawaii has been fined $15,000 in administrative costs by state regulators, who found disciplinary actions against Walmart pharmacies in several other states, that Walmart...

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    Target is hiring. This is the third and final day of job fairs in all Honolulu area Target stores. They have 800 seasonal openings. Walmart Hawaii has been fined $15,000 in administrative costs by state regulators, who found disciplinary actions against Walmart pharmacies in several other states, that Walmart...

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  • Business Report: A deep dive into the possibilities when Southwest Airlines flies here

    Business Report: A deep dive into the possibilities when Southwest Airlines flies here

    Friday, October 13 2017 3:48 PM EDT2017-10-13 19:48:09 GMT

    Our biggest single source of visitors is LAX. But they're not all Californians. Many are transferring from flights they boarded farther east. And that's what will happen if Southwest flies here from Los Angeles. As you can see from this Southwest route map, an afternoon or evening flight from LAX could...

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    Our biggest single source of visitors is LAX. But they're not all Californians. Many are transferring from flights they boarded farther east. And that's what will happen if Southwest flies here from Los Angeles. As you can see from this Southwest route map, an afternoon or evening flight from LAX could...

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  • Business Report: 10/12/17

    Business Report: 10/12/17

    Thursday, October 12 2017 4:48 PM EDT2017-10-12 20:48:57 GMT

    A warning from the Hawaii Department of Commerce & Consumer Affairs – someone has been impersonating a state inspector, both in person and with a letter that looks official. To check on someone you can call the Regulated Industries Complaint Office at 587-4272. The news release said...

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    A warning from the Hawaii Department of Commerce & Consumer Affairs – someone has been impersonating a state inspector, both in person and with a letter that looks official. To check on someone you can call the Regulated Industries Complaint Office at 587-4272. The news release said...

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  • Business Report: 10/11/17

    Business Report: 10/11/17

    Wednesday, October 11 2017 4:18 PM EDT2017-10-11 20:18:49 GMT

    The Chamber of Commerce of Hawaii is among 300 business associations across America signing a letter to President Trump, saying, sure, update NAFTA but, first, do no harm – to existing trade deals. The first Hawaii Climate Change Mitigation conference is today. It’s a direct outgrowth of the new state law...

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    The Chamber of Commerce of Hawaii is among 300 business associations across America signing a letter to President Trump, saying, sure, update NAFTA but, first, do no harm – to existing trade deals. The first Hawaii Climate Change Mitigation conference is today. It’s a direct outgrowth of the new state law...

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  • Business Report 10/6/17: Crisis at a Glance

    Business Report 10/6/17: Crisis at a Glance

    Monday, October 9 2017 4:30 PM EDT2017-10-09 20:30:36 GMT

    On a party line vote the House passes a $4 trillion budget. 

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    On a party line vote the House passes a $4 trillion budget. 

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  • Business Report: Money, kinda-sorta money, and pretend money

    Business Report: Money, kinda-sorta money, and pretend money

    Thursday, October 5 2017 4:26 PM EDT2017-10-05 20:26:34 GMT

    Money sounds like such a simple, obvious term. But it isn't. There is money you have in your wallet. 

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    Money sounds like such a simple, obvious term. But it isn't. There is money you have in your wallet. 

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  • Business Report: 10/4/17

    Business Report: 10/4/17

    Wednesday, October 4 2017 3:36 PM EDT2017-10-04 19:36:23 GMT

    UH cosponsors its third Future Focus Conference, starting this morning at the Convention Center. The conference looks at cybersecurity, astronomy, and innovation of all kinds. I'll moderate the opening panel with something of an all-star group of people who are into this. Look for a lot of talk about how UH...

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    UH cosponsors its third Future Focus Conference, starting this morning at the Convention Center. The conference looks at cybersecurity, astronomy, and innovation of all kinds. I'll moderate the opening panel with something of an all-star group of people who are into this. Look for a lot of talk about how UH...

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  • Business Report 10/3/17: Shoulder Season

    Business Report 10/3/17: Shoulder Season

    Tuesday, October 3 2017 4:34 PM EDT2017-10-03 20:34:06 GMT

    I thought it would be interesting to show you what shoulder season is like, by comparing the last day of September with the first day in July, which was also a Saturday. 

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    I thought it would be interesting to show you what shoulder season is like, by comparing the last day of September with the first day in July, which was also a Saturday. 

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  • Business Report: Foreigners buying residential properties in the US

    Business Report: Foreigners buying residential properties in the US

    Monday, October 2 2017 4:37 PM EDT2017-10-02 20:37:42 GMT

    Realtors in Hawaii say offshore investors are not the major factor driving local home prices. The major factor is the greatest shortage of inventory since the Second World War. 

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    Realtors in Hawaii say offshore investors are not the major factor driving local home prices. The major factor is the greatest shortage of inventory since the Second World War. 

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  • Business Report: The Laffer Curve

    Business Report: The Laffer Curve

    Friday, September 29 2017 5:31 PM EDT2017-09-29 21:31:41 GMT

    Do you remember the Laffer Curve? He's baaack. In the 1970s Arthur Laffer drew a curve on a napkin to show a basic principle. Tax rates of 0% and 100% produce no tax revenue. But somewhere in between is X, a rate that brings optimal revenue. Laffer always seemed to think X was lower than whatever...

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    Do you remember the Laffer Curve? He's baaack. In the 1970s Arthur Laffer drew a curve on a napkin to show a basic principle. Tax rates of 0% and 100% produce no tax revenue. But somewhere in between is X, a rate that brings optimal revenue. Laffer always seemed to think X was lower than whatever...

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  • Business Report: The new tax plan

    Business Report: The new tax plan

    Thursday, September 28 2017 5:16 PM EDT2017-09-28 21:16:55 GMT

    President Trump and Congressional Republicans propose to collapse individual tax brackets from seven to three – 12%, 25% and 35%. 

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    President Trump and Congressional Republicans propose to collapse individual tax brackets from seven to three – 12%, 25% and 35%. 

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  • Business Report: How Waikiki compares to America's hottest retail corridors

    Business Report: How Waikiki compares to America's hottest retail corridors

    Wednesday, September 27 2017 5:18 PM EDT2017-09-27 21:18:21 GMT

    Kalakaua Avenue is the nation's fifth most lucrative shopping street in terms of sales per square foot, just after Fifth Avenue and Madison Avenue in New York, Chicago's Michigan Avenue and California's Rodeo Drive. 

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    Kalakaua Avenue is the nation's fifth most lucrative shopping street in terms of sales per square foot, just after Fifth Avenue and Madison Avenue in New York, Chicago's Michigan Avenue and California's Rodeo Drive. 

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  • Business Report: Stock returns over the long term

    Business Report: Stock returns over the long term

    Tuesday, September 26 2017 5:27 PM EDT2017-09-26 21:27:33 GMT

    The New York Times calculated stock returns since 1926. And found that a mere 30 stocks accounted for 30% of all wealth created by the stock market since then. 

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    The New York Times calculated stock returns since 1926. And found that a mere 30 stocks accounted for 30% of all wealth created by the stock market since then. 

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  • Business Report: Big Island Coffee

    Business Report: Big Island Coffee

    Monday, September 25 2017 1:52 PM EDT2017-09-25 17:52:09 GMT
    Hundreds of farmers – literally hundreds – have coffee trees on the Big Island. The majority are in South Kona District, with a couple dozen or more in Ka’u District. But increasingly people are growing coffee all over Hawaii County. There are four coffee farms – 10 acres – in Hilo. There are 15 farms – 45 acres – in Kohala and Hamakua. There are 20 coffee growers – 70 acres – in Puna. It’s early to tell how the flavor ...More >>
    Hundreds of farmers – literally hundreds – have coffee trees on the Big Island. The majority are in South Kona District, with a couple dozen or more in Ka’u District. But increasingly people are growing coffee all over Hawaii County. There are four coffee farms – 10 acres – in Hilo. There are 15 farms – 45 acres – in Kohala and Hamakua. There are 20 coffee growers – 70 acres – in Puna. It’s early to tell how the flavor ...More >>
  • Business Report: 9/15/17

    Business Report: 9/15/17

    Friday, September 15 2017 4:24 PM EDT2017-09-15 20:24:25 GMT

    Crazy Shirts debuts two exclusive Florida Aloha T-shirt designs. Crazy Shirts will donate $10,000 to Florida hurricane relief plus proceeds from the shirts up to $25,000. Hawaiian Home Lands completes a $22 million revenue bond sale, financing debt at lower interest, for a savings of millions. Kamehameha Schools...

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    Crazy Shirts debuts two exclusive Florida Aloha T-shirt designs. Crazy Shirts will donate $10,000 to Florida hurricane relief plus proceeds from the shirts up to $25,000. Hawaiian Home Lands completes a $22 million revenue bond sale, financing debt at lower interest, for a savings of millions. Kamehameha Schools...

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  • Business Report: 9/14/17

    Business Report: 9/14/17

    Thursday, September 14 2017 5:01 PM EDT2017-09-14 21:01:41 GMT

    The late Gary Galiher's law firm will continue after settlement of a lawsuit contesting ownership. Everyone's differences have been settled. 

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    The late Gary Galiher's law firm will continue after settlement of a lawsuit contesting ownership. Everyone's differences have been settled. 

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  • Business Report: Wind power

    Business Report: Wind power

    Wednesday, September 13 2017 5:24 PM EDT2017-09-13 21:24:08 GMT

    This morning: where wind power is. Whenever I find something counterintuitive I like to share it with you.

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    This morning: where wind power is. Whenever I find something counterintuitive I like to share it with you.

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  • Business Report: Finding a city for Amazon's second HQ

    Business Report: Finding a city for Amazon's second HQ

    Tuesday, September 12 2017 4:43 PM EDT2017-09-12 20:43:58 GMT

    Amazon is based in Seattle but says it wants a second headquarters someplace else.

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    Amazon is based in Seattle but says it wants a second headquarters someplace else.

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  • Business Report: Republicans redistricting

    Monday, September 11 2017 4:46 PM EDT2017-09-11 20:46:00 GMT

    In the last redistricting, Republicans were in control. They drew a bunch of safe GOP districts.  

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    In the last redistricting, Republicans were in control. They drew a bunch of safe GOP districts.  

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  • Business Report: How U.S. taxes compare to other countries

    Business Report: How U.S. taxes compare to other countries

    Friday, September 8 2017 4:25 PM EDT2017-09-08 20:25:25 GMT

    President Trump has repeatedly said we are the highest-taxed nation in the world. And perhaps you thought, really? More than Sweden or France? More than socialist countries? The truth is, the president to the contrary, we are not the highest-taxed nation. We are not one of the highest-taxed nations...

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    President Trump has repeatedly said we are the highest-taxed nation in the world. And perhaps you thought, really? More than Sweden or France? More than socialist countries? The truth is, the president to the contrary, we are not the highest-taxed nation. We are not one of the highest-taxed nations...

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  • Business Report: The rail special session

    Business Report: The rail special session

    Thursday, September 7 2017 3:27 PM EDT2017-09-07 19:27:50 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    If the legislature thinks something funny is going on, let them prove it, otherwise, don't meddle in a city project and fiddle with the financing. Let them look instead at the delays and soaring costs of airport renovations, which IS a state project. But now it turns out, meddling state lawmakers slipped in a fiddle...

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    If the legislature thinks something funny is going on, let them prove it, otherwise, don't meddle in a city project and fiddle with the financing. Let them look instead at the delays and soaring costs of airport renovations, which IS a state project. But now it turns out, meddling state lawmakers slipped in a fiddle...

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  • Business Report: August arrivals

    Business Report: August arrivals

    Tuesday, September 5 2017 4:35 PM EDT2017-09-05 20:35:27 GMT

    We got 928,447 arrivals in August, not as many as in June or July. But that was up 42,000, or 5%, from August of last year. International traffic was up 5%, accounting for 14,000 more than last year. Japan traffic rose 7%. Mainland traffic rose to all islands: a few hundred more to Kauai, thousands more to Maui...

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    We got 928,447 arrivals in August, not as many as in June or July. But that was up 42,000, or 5%, from August of last year. International traffic was up 5%, accounting for 14,000 more than last year. Japan traffic rose 7%. Mainland traffic rose to all islands: a few hundred more to Kauai, thousands more to Maui...

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  • Business Report: Where our visitors are coming from

    Business Report: Where our visitors are coming from

    Monday, September 4 2017 3:24 PM EDT2017-09-04 19:24:17 GMT

    We get most of our visitors, more than half a million a month, from the U.S. mainland. And we get more than 100,000 from Japan even in so-called off-months. Canada is more variable, 20,000 to 70,000 a month depending on the season. But what about other places? Australia 28,000, plus 8,000 from New Zealand...

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    We get most of our visitors, more than half a million a month, from the U.S. mainland. And we get more than 100,000 from Japan even in so-called off-months. Canada is more variable, 20,000 to 70,000 a month depending on the season. But what about other places? Australia 28,000, plus 8,000 from New Zealand...

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  • Business Report: A new map on the value of a dollar

    Business Report: A new map on the value of a dollar

    Thursday, August 24 2017 3:47 PM EDT2017-08-24 19:47:50 GMT

    Recently we discussed what $100 was worth in different cities. The higher the cost of living, the less $100 is worth. There's a new map that better demonstrated this. It’s from the Tax Foundation. The national value of $100, vis a vis local costs, is also the local value in these light-colored areas. But $100...

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    Recently we discussed what $100 was worth in different cities. The higher the cost of living, the less $100 is worth. There's a new map that better demonstrated this. It’s from the Tax Foundation. The national value of $100, vis a vis local costs, is also the local value in these light-colored areas. But $100...

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  • Business Report: 8/23/17

    Business Report: 8/23/17

    Wednesday, August 23 2017 3:37 PM EDT2017-08-23 19:37:07 GMT

    Fine print from the spring auto sales report – Toyota is the top-selling auto brand in Hawaii with a 26% market share, double its share on the mainland. Ford and Chevrolet are second and third on the mainland but it's Honda and Nissan here, with 16% and 10%, respectively. Aloha Petroleum offers more details...

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    Fine print from the spring auto sales report – Toyota is the top-selling auto brand in Hawaii with a 26% market share, double its share on the mainland. Ford and Chevrolet are second and third on the mainland but it's Honda and Nissan here, with 16% and 10%, respectively. Aloha Petroleum offers more details...

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  • Business Report: Young Brothers' inter-island shipments

    Business Report: Young Brothers' inter-island shipments

    Tuesday, August 22 2017 4:09 PM EDT2017-08-22 20:09:10 GMT

    This is second quarter shipments between islands. This only shows inbound shipments, which tend to be more than double outbound shipments. CPEs, or container/platform equivalents Kahului 8,448 -4% Hilo 6,726 +9% Nawiliwili 5,052 -2% Kawaihae 3,964 -0.3% Kaunakakai 1,183 +3% Kaumalapau...

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    This is second quarter shipments between islands. This only shows inbound shipments, which tend to be more than double outbound shipments. CPEs, or container/platform equivalents Kahului 8,448 -4% Hilo 6,726 +9% Nawiliwili 5,052 -2% Kawaihae 3,964 -0.3% Kaunakakai 1,183 +3% Kaumalapau...

    More >>
  • Business Report: 8/21/17

    Business Report: 8/21/17

    Monday, August 21 2017 3:31 PM EDT2017-08-21 19:31:30 GMT

    Stanford Carr is negotiating to take over a state housing project in Keahu-olu, above Kailua-Kona. The original developer, Forest City, is pulling out. Conversion to a real estate investment trust altered the economic dynamics of the project. American Girl, a premium doll brand by Mattel, wanted a Hawaii historical...

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    Stanford Carr is negotiating to take over a state housing project in Keahu-olu, above Kailua-Kona. The original developer, Forest City, is pulling out. Conversion to a real estate investment trust altered the economic dynamics of the project. American Girl, a premium doll brand by Mattel, wanted a Hawaii historical...

    More >>
  • Business Report: July unemployment rates in Hawaii - by island

    Business Report: July unemployment rates in Hawaii - by island

    Friday, August 18 2017 3:50 PM EDT2017-08-18 19:50:03 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Statewide unemployment fell another tenth in July, to a seasonally adjusted 2.7%. Without seasonal adjustment the rate was 2.5%. Either way it’s down from month-before and year-before.   JULY JOBLESS RATES Without seasonal adjustment (Year-ago rates in parenthesis) Kauai 2.4% (3.2%) Honolulu 2.3%...

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    Statewide unemployment fell another tenth in July, to a seasonally adjusted 2.7%. Without seasonal adjustment the rate was 2.5%. Either way it’s down from month-before and year-before.   JULY JOBLESS RATES Without seasonal adjustment (Year-ago rates in parenthesis) Kauai 2.4% (3.2%) Honolulu 2.3%...

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  • Business Report: The so-called debt crisis

    Business Report: The so-called debt crisis

    Thursday, August 17 2017 3:23 PM EDT2017-08-17 19:23:16 GMT

    American consumer debt is at a record high. But not compared to consumer income. A headline in the Washington Post reports this and adds, "Haven't we learned?" Well, the answer is, actually, yes, we have learned. Debt as a percentage of GDP is only 67%, down from 87% in 2009. Hawaii has...

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    American consumer debt is at a record high. But not compared to consumer income. A headline in the Washington Post reports this and adds, "Haven't we learned?" Well, the answer is, actually, yes, we have learned. Debt as a percentage of GDP is only 67%, down from 87% in 2009. Hawaii has...

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  • Business Report: The recent Korean crisis

    Business Report: The recent Korean crisis

    Wednesday, August 16 2017 5:11 PM EDT2017-08-16 21:11:10 GMT

    The Korean crisis – over or not – was pretty scary for Guam, the purported target. And the talk on Guam is, maybe it's time we became an actual state. One person, one vote, is so fundamental an American principal that no American is ever entirely comfortable with the idea that U.S. territories that don't...

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    The Korean crisis – over or not – was pretty scary for Guam, the purported target. And the talk on Guam is, maybe it's time we became an actual state. One person, one vote, is so fundamental an American principal that no American is ever entirely comfortable with the idea that U.S. territories that don't...

    More >>
  • Business Report: Tipping - by state

    Business Report: Tipping - by state

    Tuesday, August 15 2017 3:35 PM EDT2017-08-15 19:35:03 GMT

    You may have heard about a federal report that calculates the role of tips in total income in restaurants. It depends on the job. Perhaps we didn't all know how much tips count for, if you're waiting tables or serving drinks. Some wait persons share tips with people in the back.  That's okay if it's voluntary...

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    You may have heard about a federal report that calculates the role of tips in total income in restaurants. It depends on the job. Perhaps we didn't all know how much tips count for, if you're waiting tables or serving drinks. Some wait persons share tips with people in the back.  That's okay if it's voluntary...

    More >>
  • Business Report: We all may be helping Kim Jong-Un without even knowing it

    Business Report: We all may be helping Kim Jong-Un without even knowing it

    Monday, August 14 2017 3:36 PM EDT2017-08-14 19:36:15 GMT

    North Korea's biggest export by monetary value is coal, which is used by China. But second biggest, $752 million last year, a quarter of all North Korean exports – is clothing.  And you could be wearing it. Chinese traders buy clothes that say "Made in China" but are really made in North Korea. Reuters...

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    North Korea's biggest export by monetary value is coal, which is used by China. But second biggest, $752 million last year, a quarter of all North Korean exports – is clothing.  And you could be wearing it. Chinese traders buy clothes that say "Made in China" but are really made in North Korea. Reuters...

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  • Business Report: The richest people in history

    Business Report: The richest people in history

    Friday, August 11 2017 3:38 PM EDT2017-08-11 19:38:37 GMT

    Before looking into this, I would have told you that one of the richest men in history was John Jacob Astor. He made his fortune in the fur trade in the early 1800s. But it turns out he was worth only $600 million in today's dollars. Bill Gates is worth $90 billion. Let's look at some guys who could buy and sell...

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    Before looking into this, I would have told you that one of the richest men in history was John Jacob Astor. He made his fortune in the fur trade in the early 1800s. But it turns out he was worth only $600 million in today's dollars. Bill Gates is worth $90 billion. Let's look at some guys who could buy and sell...

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  • Business Report: The great American income gap

    Business Report: The great American income gap

    Thursday, August 10 2017 4:48 PM EDT2017-08-10 20:48:13 GMT

    The New York Times published an op-ed piece called, "Our Broken Economy, in One Simple Chart."  

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    The New York Times published an op-ed piece called, "Our Broken Economy, in One Simple Chart." 

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  • Business Report: Big companies that are private

    Business Report: Big companies that are private

    Wednesday, August 9 2017 3:15 PM EDT2017-08-09 19:15:43 GMT

    Forbes says 225 private-held companies collectively take in annual revenue of $1.57 trillion and they have 4.7 million employees. We'll look at the eight largest. Cargill would rank bigger than AT&T if it were a public company. Cargill alone supplies a quarter of U.S. grain exports and a fifth of domestic...

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    Forbes says 225 private-held companies collectively take in annual revenue of $1.57 trillion and they have 4.7 million employees. We'll look at the eight largest. Cargill would rank bigger than AT&T if it were a public company. Cargill alone supplies a quarter of U.S. grain exports and a fifth of domestic...

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  • Business Report: Websites that reach particular audiences

    Business Report: Websites that reach particular audiences

    Tuesday, August 8 2017 3:41 PM EDT2017-08-08 19:41:48 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Market research shows some websites are really good at reaching certain people. These are excerpted from much longer lists - including sites you may never have heard of.  Ignoring those, these charts have singled out sites you probably do know. Several websites reach 90% women. And several...

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    Market research shows some websites are really good at reaching certain people. These are excerpted from much longer lists - including sites you may never have heard of.  Ignoring those, these charts have singled out sites you probably do know. Several websites reach 90% women. And several...

    More >>
  • Business Report: Does Donald Trump affect the stock market?

    Business Report: Does Donald Trump affect the stock market?

    Monday, August 7 2017 1:37 PM EDT2017-08-07 17:37:49 GMT

    The Dow has 30 component stocks and every stock is its own story. We saw that last week when Apple soared, other stocks fell, so the Dow barely moved. And Trump? His main effect has been his promises to do stuff that could affect profits. A chart by Bloomberg News separates stocks into two camps...

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    The Dow has 30 component stocks and every stock is its own story. We saw that last week when Apple soared, other stocks fell, so the Dow barely moved. And Trump? His main effect has been his promises to do stuff that could affect profits. A chart by Bloomberg News separates stocks into two camps...

    More >>
  • Business Report: How people get their health insurance

    Business Report: How people get their health insurance

    Thursday, August 3 2017 4:52 PM EDT2017-08-03 20:52:04 GMT

    The Visual Capitalist did this excellent chart. Each person represents 1 million Americans.

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    The Visual Capitalist did this excellent chart. Each person represents 1 million Americans. 

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  • Business Report: Where Matson gets its business

    Business Report: Where Matson gets its business

    Wednesday, August 2 2017 3:26 PM EDT2017-08-02 19:26:06 GMT

    The new Matson second quarter profit report counts container volume by region. The count is done by TEUs, which stands for 20-Foot Equivalent Units. That means two 10-foot containers count as one TEU. Got it? If you thought Matson’s main business was Hawaii, you’re right. But it’s other services areas...

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    The new Matson second quarter profit report counts container volume by region. The count is done by TEUs, which stands for 20-Foot Equivalent Units. That means two 10-foot containers count as one TEU. Got it? If you thought Matson’s main business was Hawaii, you’re right. But it’s other services areas...

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  • Business Report: The number of people who stand to lose health insurance

    Business Report: The number of people who stand to lose health insurance

    Tuesday, August 1 2017 3:40 PM EDT2017-08-01 19:40:36 GMT

    From 2010 to 2015, the Affordable Care Act, a.k.a. Obamacare, put 19 million uninsured Americans onto the rolls of the insured. The various versions of Republican repeal-and-replace, none of them law yet, would generally remove the requirement to get insurance, and raise the cost of choosing to. The Urban Institute...

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    From 2010 to 2015, the Affordable Care Act, a.k.a. Obamacare, put 19 million uninsured Americans onto the rolls of the insured. The various versions of Republican repeal-and-replace, none of them law yet, would generally remove the requirement to get insurance, and raise the cost of choosing to. The Urban Institute...

    More >>
  • Business Report: 7/31/17

    Business Report: 7/31/17

    Monday, July 31 2017 3:41 PM EDT2017-07-31 19:41:58 GMT

    The big economic story is a consultant's report on the state pension fund. The state is pouring in hundreds of millions, and it's not enough. PFM Group says if taxes are not raised, the state will soon find itself owing $1 billion a year just for the pension fund. Finance Director Wes Machida does not dispute this...

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    The big economic story is a consultant's report on the state pension fund. The state is pouring in hundreds of millions, and it's not enough. PFM Group says if taxes are not raised, the state will soon find itself owing $1 billion a year just for the pension fund. Finance Director Wes Machida does not dispute this...

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  • Business Report: June Tourism Report

    Friday, July 28 2017 4:47 PM EDT2017-07-28 20:47:27 GMT

    Last month, there were 4.5% more visitors, staying 3.7% more days, spending 3.7% more money. Basically, things improved before more people came. There's an exception on one island, which we'll get to. The big story this year is resurgent Japanese tourism, but in June we also had a 10% spike...

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    Last month, there were 4.5% more visitors, staying 3.7% more days, spending 3.7% more money.

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  • Business Report: Walmart's 'roadmap' for American manufacturing

    Business Report: Walmart's 'roadmap' for American manufacturing

    Thursday, July 27 2017 4:10 PM EDT2017-07-27 20:10:24 GMT

    Let's discuss this new Walmart "roadmap" for American manufacturing. Will we be saved by the guys who tied us to the railroad tracks in the first place? Walmart is so big that it can tell suppliers "This is what we'll pay." To meet the price, many suppliers moved manufacturing to countries where labor...

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    Let's discuss this new Walmart "roadmap" for American manufacturing. Will we be saved by the guys who tied us to the railroad tracks in the first place? Walmart is so big that it can tell suppliers "This is what we'll pay." To meet the price, many suppliers moved manufacturing to countries where labor...

    More >>
  • Business Report: Checking the math behind the illegal voting claims

    Business Report: Checking the math behind the illegal voting claims

    Wednesday, July 26 2017 4:14 PM EDT2017-07-26 20:14:43 GMT

    The president has suggested that 1.5 million illegall votes were cast or else he would have won the popular vote. Elections directors blue and red have said there were hardly any illegal votes, but no one bothered to double check the math - until now. If Clinton won 75% of all "illegal" votes, then 4.4% of al...

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    The president has suggested that 1.5 million illegall votes were cast or else he would have won the popular vote. Elections directors blue and red have said there were hardly any illegal votes, but no one bothered to double check the math - until now. If Clinton won 75% of all "illegal" votes, then 4.4% of al...

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  • Business Report: Is your job in danger of going away?

    Tuesday, July 25 2017 4:51 PM EDT2017-07-25 20:51:23 GMT

    "We do not wish to be alarmist," write the researchers behind an alarming new report from Ball State University. 

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    "We do not wish to be alarmist," write the researchers behind an alarming new report from Ball State University. 

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  • Business Report: How college enrollment tracks employment

    Business Report: How college enrollment tracks employment

    Monday, July 24 2017 4:32 PM EDT2017-07-24 20:32:22 GMT

    UH President David Lassner tells the Star Advertiser's Nanea Kalani he wants to work for more enrollment at UH Manoa.  But the fact is, both here and on the mainland, college enrollment rises when unemployment dos, and falls when it falls. In a chart, you see UH Manoa enrollment declining for five years...

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    UH President David Lassner tells the Star Advertiser's Nanea Kalani he wants to work for more enrollment at UH Manoa.  But the fact is, both here and on the mainland, college enrollment rises when unemployment dos, and falls when it falls. In a chart, you see UH Manoa enrollment declining for five years...

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  • Business Report: The Darknet

    Business Report: The Darknet

    Friday, July 21 2017 3:35 PM EDT2017-07-21 19:35:03 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Most people don't use the Darknet; we know about it from TV shows. It's a corner of the Internet where people evade public notice, often so they can break the law. The Justice Department this week announced the shutdown of AlphaBay, the largest player on the Darknet, where 40,000 vendors sold to 200,000 users...

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    Most people don't use the Darknet; we know about it from TV shows. It's a corner of the Internet where people evade public notice, often so they can break the law. The Justice Department this week announced the shutdown of AlphaBay, the largest player on the Darknet, where 40,000 vendors sold to 200,000 users...

    More >>
  • Business Report: The growth of the economy

    Business Report: The growth of the economy

    Thursday, July 20 2017 3:58 PM EDT2017-07-20 19:58:12 GMT

    The most efficient way to raise taxes is not to raise tax rates. It's to let the economy grow, and reap more tax revenue at current rates. Democrats like to say Bill Clinton balanced the budget, and technically that's true, he did what Reagan and Bush never did. But his main achievement was to be president...

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    The most efficient way to raise taxes is not to raise tax rates. It's to let the economy grow, and reap more tax revenue at current rates. Democrats like to say Bill Clinton balanced the budget, and technically that's true, he did what Reagan and Bush never did. But his main achievement was to be president...

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  • Business Report: 7/19/17

    Business Report: 7/19/17

    Wednesday, July 19 2017 5:31 PM EDT2017-07-19 21:31:57 GMT

    The Crew of Hokulea will be guests of honor at the Tourism Legacy Awards Luncheon, the highlight of the three-day Global Tourism Summit starting September 19 at the Hawaii Convention Center. Hawaii Forest Institute wins grants from the Atherton Family Foundation and Cooke Foundation. It's for habitat...

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    The Crew of Hokulea will be guests of honor at the Tourism Legacy Awards Luncheon, the highlight of the three-day Global Tourism Summit starting September 19 at the Hawaii Convention Center. Hawaii Forest Institute wins grants from the Atherton Family Foundation and Cooke Foundation. It's for habitat...

    More >>
  • Business Report: Check out GDP growth over time worldwide

    Business Report: Check out GDP growth over time worldwide

    Tuesday, July 18 2017 4:37 PM EDT2017-07-18 20:37:26 GMT
    (Image: Hawaii News Now)(Image: Hawaii News Now)
    In Tuesday's Business Report, Howard takes a look at GDP globally over time. You don't need a background in economics to know that this is vital to the world's economy. Watch the report to get the latest. Copyright 2017 Hawaii News Now. All rights reserved.    More >>
    In Tuesday's Business Report, Howard takes a look at GDP globally over time. You don't need a background in economics to know that this is vital to the world's economy. Watch the report to get the latest. Copyright 2017 Hawaii News Now. All rights reserved.    More >>
  • Business Report: Arrivals by air up as cost to travel is down

    Business Report: Arrivals by air up as cost to travel is down

    Monday, July 17 2017 5:59 PM EDT2017-07-17 21:59:17 GMT
    Visitor numbers by air are up as fares to Honolulu are down. Air arrivals rose 3.6 percent while visitors from Japan also increased. In a new report out, Hawaiian airlines was 90 percent on time, topping the list of on-time arrivals. Plus, neighbor islands address the Kona water shortage, permits for a company shipping sand, and transit plans.  Copyright 2017 Hawaii News Now. All rights reserved. More >>
    Visitor numbers by air are up as fares to Honolulu are down. Air arrivals rose 3.6 percent while visitors from Japan also increased. In a new report out, Hawaiian airlines was 90 percent on time, topping the list of on-time arrivals. Plus, neighbor islands address the Kona water shortage, permits for a company shipping sand, and transit plans.  Copyright 2017 Hawaii News Now. All rights reserved. More >>
  • Business Report: Real estate of retail

    Business Report: Real estate of retail

    Friday, July 14 2017 2:26 PM EDT2017-07-14 18:26:45 GMT

    This morning, reading the real estate of retail. The new Colliers report on retail rents is way more interesting when broken down. 

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    This morning, reading the real estate of retail. The new Colliers report on retail rents is way more interesting when broken down. 

    More >>
  • Business Report: Top states for business

    Business Report: Top states for business

    Thursday, July 13 2017 3:47 PM EDT2017-07-13 19:47:17 GMT

    CNBC ranks the top states for business. CNBC gave heavy weight to work force, and points off for unions. 

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    CNBC ranks the top states for business. CNBC gave heavy weight to work force, and points off for unions. 

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  • Business Report: Maui home prices

    Business Report: Maui home prices

    Wednesday, July 12 2017 3:59 PM EDT2017-07-12 19:59:19 GMT

    In Illustrated Economics, Howard drew a map of Maui to show the different median home prices across the island.

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    In Illustrated Economics, Howard drew a map of Maui to show the different median home prices across the island.

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  • Business Report: The Pacific Beach Hotel has a new owner, and Hawaiian Telcom is planning a merger

    Business Report: The Pacific Beach Hotel has a new owner, and Hawaiian Telcom is planning a merger

    Tuesday, July 11 2017 5:33 PM EDT2017-07-11 21:33:16 GMT

    The Pacific Beach Hotel gets a new owner.

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    The Pacific Beach Hotel gets a new owner.

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  • Business Report: What the Senate health care plan really does to Medicaid funding

    Business Report: What the Senate health care plan really does to Medicaid funding

    Thursday, July 6 2017 5:42 PM EDT2017-07-06 21:42:03 GMT

    News reports call it deep cuts.  Republicans say they’re not cutting at all, merely reducing the rise. So which is it? A little of both.

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    News reports call it deep cuts.  Republicans say they’re not cutting at all, merely reducing the rise. So which is it? A little of both.

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  • Business Report: The drug industry's search for a miracle drug for weight loss

    Business Report: The drug industry's search for a miracle drug for weight loss

    Wednesday, July 5 2017 4:43 PM EDT2017-07-05 20:43:47 GMT

    There is a Bloomberg News chart on how fat we're getting. One in five Japanese are overweight or obese, and Japan is a skinny country compared to others. Two-thirds of adults are overweight or obese in Belgium, Germany, Britain, Australia, the U.S. and Mexico. Obesity is an even bigger problem in Arab nations...

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    There is a Bloomberg News chart on how fat we're getting. One in five Japanese are overweight or obese, and Japan is a skinny country compared to others. Two-thirds of adults are overweight or obese in Belgium, Germany, Britain, Australia, the U.S. and Mexico. Obesity is an even bigger problem in Arab nations...

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  • Business Report: A July 4th look at the four big economic indicators

    Business Report: A July 4th look at the four big economic indicators

    Tuesday, July 4 2017 3:39 PM EDT2017-07-04 19:39:29 GMT

    There have been discussions that we are overdue for a recession. That phrase, overdue for a recession, is based on the usual time between recessions. But it doesn't take into consideration the fact that every economic cycle is different. And a lot has been different since the market crash of 2008...

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    There have been discussions that we are overdue for a recession. That phrase, overdue for a recession, is based on the usual time between recessions. But it doesn't take into consideration the fact that every economic cycle is different. And a lot has been different since the market crash of 2008...

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  • Business Report: July air seats to Hawaii

    Business Report: July air seats to Hawaii

    Monday, July 3 2017 3:44 PM EDT2017-07-03 19:44:49 GMT

    The grand total is more than 1.1 million seats, up abut 3% from last year. Here’s a breakdown showing the airports feeding us the most capacity. LAX remains the mother lode, way more than any other airport even with a small decline. The San Francisco Bay Area is next, and SFO by itself would also be second...

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    The grand total is more than 1.1 million seats, up abut 3% from last year. Here’s a breakdown showing the airports feeding us the most capacity. LAX remains the mother lode, way more than any other airport even with a small decline. The San Francisco Bay Area is next, and SFO by itself would also be second...

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  • Business Report: May tourism

    Business Report: May tourism

    Friday, June 30 2017 3:31 PM EDT2017-06-30 19:31:35 GMT

    Despite lower air seats, all four operating counties saw increases in arrivals and their spending. The incremental drop in air seats was to Honolulu; seats rose to neighbor islands. Spending topped $600 million on Oahu and more than $350 million on Maui. Kauai and the Big Island, with big jumps in traffic...

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    Despite lower air seats, all four operating counties saw increases in arrivals and their spending. The incremental drop in air seats was to Honolulu; seats rose to neighbor islands. Spending topped $600 million on Oahu and more than $350 million on Maui. Kauai and the Big Island, with big jumps in traffic...

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  • Business Report: The parts of America that most resemble the future

    Business Report: The parts of America that most resemble the future

    Thursday, June 29 2017 3:39 PM EDT2017-06-29 19:39:57 GMT

    The Census Bureau does demographic breakdowns of every county in the republic. It has also projects current population trends into the future to the year 2060. By 2051 Census demographers think we'll be 47% white, 27% Hispanic, 13% black, 14% other. The other category is mostly Asian but also...

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    The Census Bureau does demographic breakdowns of every county in the republic. It has also projects current population trends into the future to the year 2060. By 2051 Census demographers think we'll be 47% white, 27% Hispanic, 13% black, 14% other. The other category is mostly Asian but also...

    More >>
  • Business Report: The Senate Health Care bill

    Business Report: The Senate Health Care bill

    Wednesday, June 28 2017 3:38 PM EDT2017-06-28 19:38:18 GMT

    The health care vote delay is an opportunity for rank-and-file Republicans to rethink what their leaders came up with. Democrats are so busy attacking on the usual partisan grounds, they've overlooked something. The plan hurts people who voted for Trump. Note with concern that a low-income 64-year-old...

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    The health care vote delay is an opportunity for rank-and-file Republicans to rethink what their leaders came up with. Democrats are so busy attacking on the usual partisan grounds, they've overlooked something. The plan hurts people who voted for Trump. Note with concern that a low-income 64-year-old...

    More >>
  • Business Report: Fishing regulations

    Business Report: Fishing regulations

    Friday, June 23 2017 3:17 PM EDT2017-06-23 19:17:50 GMT

    The Western Pacific Regional Fisheries Management Council met this week and decided to recommend lower catch limits on three fishing groups. 

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    The Western Pacific Regional Fisheries Management Council met this week and decided to recommend lower catch limits on three fishing groups. 

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  • Business Report: The world's population

    Thursday, June 22 2017 3:30 PM EDT2017-06-22 19:30:15 GMT

    The U.N. reports the world population is 7.6 billion. In two years there were enough births to replace all deaths, plus 200 million. The world population did not reach 1 billion until 1804. But it reached 2 billion in 1927 and 3 billion in 1959 and 4 billion in 1974 and 5 billion in 1987 and 6 billion in 1999...

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    The U.N. reports the world population is 7.6 billion. In two years there were enough births to replace all deaths, plus 200 million. The world population did not reach 1 billion until 1804. But it reached 2 billion in 1927 and 3 billion in 1959 and 4 billion in 1974 and 5 billion in 1987 and 6 billion in 1999...

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  • Business Report: An update on the arithmetic of Obamacare repeal and replace

    Tuesday, June 20 2017 2:15 PM EDT2017-06-20 18:15:33 GMT

    The talk in Washington this morning is that the Republican leadership is down to this - lose two GOP votes and still pass a bill. On the libertarian wing of the GOP is Kentucky Senator Rand Paul, the only GOP senator voting against the current process when it began. Rand Paul...

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    The talk in Washington this morning is that the Republican leadership is down to this - lose two GOP votes and still pass a bill. On the libertarian wing of the GOP is Kentucky Senator Rand Paul, the only GOP senator voting against the current process when it began. Rand Paul...

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  • Business Report: The amount of wealth millionaires control

    Business Report: The amount of wealth millionaires control

    Monday, June 19 2017 5:47 PM EDT2017-06-19 21:47:42 GMT

    Boston Consulting Group is out with its annual Global Wealth Report. Bloomberg News made this chart from their data. 

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    Boston Consulting Group is out with its annual Global Wealth Report. Bloomberg News made this chart from their data. 

    More >>
  • Business Report: Hawaii unemployment by island

    Business Report: Hawaii unemployment by island

    Friday, June 16 2017 5:07 PM EDT2017-06-16 21:07:12 GMT

    National unemployment right now is 4.3 percent. But the county jobless rates in Hawaii come within three tenths on either side of 3 percent.

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    National unemployment right now is 4.3 percent. But the county jobless rates in Hawaii come within three tenths on either side of 3 percent.

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  • Business Report: Transplants living in other states

    Business Report: Transplants living in other states

    Thursday, June 15 2017 5:57 PM EDT2017-06-15 21:57:39 GMT

    The guy behind the website Flowing Data took an old 1800s federal publication and updated it. The result is old-looking maps showing new data. One map shows people who were born in a different state. The lightest areas have 3% transplants or less. The darkest areas, up to 84%. Hawaii is sensitive...

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    The guy behind the website Flowing Data took an old 1800s federal publication and updated it. The result is old-looking maps showing new data. One map shows people who were born in a different state. The lightest areas have 3% transplants or less. The darkest areas, up to 84%. Hawaii is sensitive...

    More >>
  • Business Report: Local business news 6/14/17

    Business Report: Local business news 6/14/17

    Wednesday, June 14 2017 3:12 PM EDT2017-06-14 19:12:58 GMT

    800 exhibits – 11,000 pages of testimony – the Thirty Meter Telescope case is now in the hands of the judge, Riki May Amano. As hearing officer she has no deadline for her recommendation to DLNR. Hawaiian Airlines is recruiting at Kona airport. The airline needs candidates who speak Japanese...

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    800 exhibits – 11,000 pages of testimony – the Thirty Meter Telescope case is now in the hands of the judge, Riki May Amano. As hearing officer she has no deadline for her recommendation to DLNR. Hawaiian Airlines is recruiting at Kona airport. The airline needs candidates who speak Japanese...

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  • Business Report: The latest on Treasury Secretary Steve Mnuchin

    Business Report: The latest on Treasury Secretary Steve Mnuchin

    Tuesday, June 13 2017 5:40 PM EDT2017-06-13 21:40:46 GMT

    He wants to strip power from the Consumer Financial Protection Bureau.  He wants exemptions to let Wall Street firms again trade for their own gain. He wants to roll back controls on mortgage lending, enacted after the 2008 mortgage debacle. The Consumer Financial Protection Bureau was built...

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    He wants to strip power from the Consumer Financial Protection Bureau.  He wants exemptions to let Wall Street firms again trade for their own gain. He wants to roll back controls on mortgage lending, enacted after the 2008 mortgage debacle. The Consumer Financial Protection Bureau was built...

    More >>
  • Business Report: America's consumer debt

    Business Report: America's consumer debt

    Monday, June 12 2017 3:41 PM EDT2017-06-12 19:41:39 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Ever since the market crash of 2008, the Fed has kept interest rates artificially low. It was stimulus to keep the recession from becoming a depression, and it worked. But sooner or later the Fed has to let those rates “normalize,” meaning, rise. There is potential for trouble, because consumer debt...

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    Ever since the market crash of 2008, the Fed has kept interest rates artificially low. It was stimulus to keep the recession from becoming a depression, and it worked. But sooner or later the Fed has to let those rates “normalize,” meaning, rise. There is potential for trouble, because consumer debt...

    More >>
  • Business Report: The British election's effects on politics and the market

    Business Report: The British election's effects on politics and the market

    Friday, June 9 2017 5:43 PM EDT2017-06-09 21:43:59 GMT

    The pound took a pounding because markets don’t like to be surprised, and the results were surprising. Conservative Prime Minister Theresa May was expected to pound the Labour Party. Instead, first results indicate she barely keeps her majority, and Jeremy Corbyn made a strong second...

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    The pound took a pounding because markets don’t like to be surprised, and the results were surprising. Conservative Prime Minister Theresa May was expected to pound the Labour Party. Instead, first results indicate she barely keeps her majority, and Jeremy Corbyn made a strong second...

    More >>
  • Business Report: Record job openings

    Business Report: Record job openings

    Wednesday, June 7 2017 5:05 PM EDT2017-06-07 21:05:17 GMT

    America has never had more job openings – 6 million nationwide. Yet actual hiring is down –5 million nationwide, based on data from April, just out. So what gives? A big factor is so-called full employment, which to economists is any jobless rate below 3%. The thinking is, at 3% unemployment, everybody...

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    America has never had more job openings – 6 million nationwide. Yet actual hiring is down –5 million nationwide, based on data from April, just out. So what gives? A big factor is so-called full employment, which to economists is any jobless rate below 3%. The thinking is, at 3% unemployment, everybody...

    More >>
  • Business Report: Current streaming of classic rock albums

    Business Report: Current streaming of classic rock albums

    Tuesday, June 6 2017 5:02 PM EDT2017-06-06 21:02:54 GMT

    With everybody else saying how swell "Sergeant Pepper" was, the British financial magazine The Economist compared its Spotify streaming with all the other Beatles albums. 

    More >>

    With everybody else saying how swell "Sergeant Pepper" was, the British financial magazine The Economist compared its Spotify streaming with all the other Beatles albums. 

    More >>
  • Business Report: How local pay compares to mainland pay

    Business Report: How local pay compares to mainland pay

    Monday, June 5 2017 5:18 PM EDT2017-06-05 21:18:26 GMT

    American City Business Journals has been studying salaries around the U.S. 

    More >>

    American City Business Journals has been studying salaries around the U.S. 

    More >>
  • Business Report: Coal and the Paris Accords

    Friday, June 2 2017 5:03 PM EDT2017-06-02 21:03:18 GMT

    Donald Trump said he'd put coal miners back to work. That sounded great to coal miners. He carried nine of 10 coal states including the top three, Wyoming, West Virginia and Kentucky. But the premise of his promise was, Obama put coal miners out of work. Undo what Obama did and miners would...

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    Donald Trump said he'd put coal miners back to work. That sounded great to coal miners. He carried nine of 10 coal states including the top three, Wyoming, West Virginia and Kentucky. But the premise of his promise was, Obama put coal miners out of work. Undo what Obama did and miners would...

    More >>
  • Business Report: How much money did you make in your last job?

    Business Report: How much money did you make in your last job?

    Thursday, June 1 2017 5:20 PM EDT2017-06-01 21:20:10 GMT

    So many employers cap raises at a given percent, your earnings are forever crimped by your starting salary. Similarly, employers often want to know what you made at your last job. This widespread practice penalizes lots of people. But none more than woman and minorities, who may take lower wages...

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    So many employers cap raises at a given percent, your earnings are forever crimped by your starting salary. Similarly, employers often want to know what you made at your last job. This widespread practice penalizes lots of people. But none more than woman and minorities, who may take lower wages...

    More >>
  • Business Report: Interisland cargo shipments

    Wednesday, May 31 2017 5:11 PM EDT2017-05-31 21:11:22 GMT

    Young Brothers reports first quarter interisland cargo shipping was more or less flat. It rose point-two. Dragging that down was the closure of the sugar plantation. That ended one third of Maui outbound AG shipments. Dial that out and overall cargo rose, not point-two, but 1-point-2. Here are winter...

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    Young Brothers reports first quarter interisland cargo shipping was more or less flat. It rose point-two. Dragging that down was the closure of the sugar plantation. That ended one third of Maui outbound AG shipments. Dial that out and overall cargo rose, not point-two, but 1-point-2. Here are winter...

    More >>
  • Business Report: Stocks that are worth more than $1,000

    Business Report: Stocks that are worth more than $1,000

    Tuesday, May 30 2017 6:16 PM EDT2017-05-30 22:16:22 GMT

    Amazon closed at $1,001 a share.  This morning, profit taking has barely dented that - $998 a share. Only 14 other U.S. stocks have shared prices that high, and the only other tech stock above $1,000 is Priceline. Amazon is four times more valuable than the other 14 companies combined. Amazon...

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    Amazon closed at $1,001 a share.  This morning, profit taking has barely dented that - $998 a share. Only 14 other U.S. stocks have shared prices that high, and the only other tech stock above $1,000 is Priceline. Amazon is four times more valuable than the other 14 companies combined. Amazon...

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  • Business Report: Hawaii's Best-Selling New Vehicles

    Business Report: Hawaii's Best-Selling New Vehicles

    Monday, May 29 2017 2:07 PM EDT2017-05-29 18:07:23 GMT
    Based on winter sales, Toyota is the top-selling automaker here, more than 4,000 vehicles if you count Toyota’s luxury nameplate Lexus.  Honda is second, more than 25 hundred if you count Acura. Nissan is third, 16 hundred if you count ITS luxury nameplate Infiniti. Mazda and Subaru both sold more than 400 vehicles. The three American automakers are next, Ford at 12 hundred if you count the four Lincolns it sold. Chevrolet under 900 even if you count GMC trucks, Buicks...More >>
    Based on winter sales, Toyota is the top-selling automaker here, more than 4,000 vehicles if you count Toyota’s luxury nameplate Lexus.  Honda is second, more than 25 hundred if you count Acura. Nissan is third, 16 hundred if you count ITS luxury nameplate Infiniti. Mazda and Subaru both sold more than 400 vehicles. The three American automakers are next, Ford at 12 hundred if you count the four Lincolns it sold. Chevrolet under 900 even if you count GMC trucks, Buicks...More >>
  • Business Report: Visitor numbers for April

    Business Report: Visitor numbers for April

    Friday, May 26 2017 3:43 PM EDT2017-05-26 19:43:37 GMT

    It's time for Howard's Illustrated Economics. This morning, where our visitors stayed in April. First let's break it down by the kind of lodging.

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    It's time for Howard's Illustrated Economics. This morning, where our visitors stayed in April. First let's break it down by the kind of lodging.

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  • Business Report: The Trump budget $2 trillion error

    Business Report: The Trump budget $2 trillion error

    Thursday, May 25 2017 4:27 PM EDT2017-05-25 20:27:14 GMT

    The Trump administration just released its proposed budget for the upcoming year, but it includes a huge mistake. It claims the Trump tax cut will stimulate the economy so much it raises $2 trillion, enough to pay for itself. But the same money is also used for $2 trillion in additional spending, so it's...

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    The Trump administration just released its proposed budget for the upcoming year, but it includes a huge mistake. It claims the Trump tax cut will stimulate the economy so much it raises $2 trillion, enough to pay for itself. But the same money is also used for $2 trillion in additional spending, so it's...

    More >>
  • Business Report: New Trump Administration Budget

    Business Report: New Trump Administration Budget

    Wednesday, May 24 2017 2:46 PM EDT2017-05-24 18:46:55 GMT

    Let's be entirely candid here. We all struggle with arithmetic.
    When it comes to budgeting, we count on the others to be better at math than we are.

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    Let's be entirely candid here. We all struggle with arithmetic.
    When it comes to budgeting, we count on the others to be better at math than we are.

    More >>
  • Business Report: The 5 largest tech companies

    Business Report: The 5 largest tech companies

    Tuesday, May 23 2017 5:01 PM EDT2017-05-23 21:01:04 GMT

    It’s interesting to note how these companies make their money.  

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    It’s interesting to note how these companies make their money.  

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  • Business Report: A fresh look at income and education

    Business Report: A fresh look at income and education

    Monday, May 22 2017 4:58 PM EDT2017-05-22 20:58:43 GMT

    Has this happened to you? You're at a family gathering, someone brings up college. 

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    Has this happened to you? You're at a family gathering, someone brings up college.  

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  • Business Report: April unemployment - Island by island

    Business Report: April unemployment - Island by island

    Friday, May 19 2017 3:55 PM EDT2017-05-19 19:55:04 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Kauai unemployment without seasonal adjustment is 3%, down from 3.5 last year. Oahu is 2.4%, down from 2.8. Maui County is 3%, down from 3.1. Maui island held steady at 2.9, Molokai edged down to 5.6, and Lanai hit 3.2 as Manele Bay reopened. Big Island unemployment is 3.2%, down from 3.9...

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    Kauai unemployment without seasonal adjustment is 3%, down from 3.5 last year. Oahu is 2.4%, down from 2.8. Maui County is 3%, down from 3.1. Maui island held steady at 2.9, Molokai edged down to 5.6, and Lanai hit 3.2 as Manele Bay reopened. Big Island unemployment is 3.2%, down from 3.9...

    More >>
  • Business Report: New state economic forecast

    Business Report: New state economic forecast

    Thursday, May 18 2017 3:36 PM EDT2017-05-18 19:36:36 GMT

    The forecast numbers are slightly better than before, mostly because tourism is still up.  

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    The forecast numbers are slightly better than before, mostly because tourism is still up.  

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  • Business Report: Dow Jones average

    Business Report: Dow Jones average

    Wednesday, May 17 2017 5:19 PM EDT2017-05-17 21:19:01 GMT

    A running theme of our economic reports is that there is usually no single reason for the Dow to be down or up. 

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    A running theme of our economic reports is that there is usually no single reason for the Dow to be down or up. 

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  • Business Report: What the Trump administration is and isn't doing for jobs

    Business Report: What the Trump administration is and isn't doing for jobs

    Tuesday, May 16 2017 4:49 PM EDT2017-05-16 20:49:13 GMT

    Democrats are saying President Trump and Republicans are breaking his promise to workers by rolling back workplace safety rules.  

    More >>

    Democrats are saying President Trump and Republicans are breaking his promise to workers by rolling back workplace safety rules.  

    More >>
  • Business Report: The most popular baby names

    Business Report: The most popular baby names

    Monday, May 15 2017 4:55 PM EDT2017-05-15 20:55:33 GMT

    The new list is based on Social Security registrations of births from 2015.  

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    The new list is based on Social Security registrations of births from 2015.  

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  • Business Report: 5/12/17

    Business Report: 5/12/17

    Friday, May 12 2017 4:48 PM EDT2017-05-12 20:48:13 GMT

    Tesla Motors opens a store today in Waikiki's International Market Place. It's on the makai side of the first floor. 

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    Tesla Motors opens a store today in Waikiki's International Market Place. It's on the makai side of the first floor. 

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  • Business Report: Public opinion on climate change by geography

    Thursday, May 11 2017 4:45 PM EDT2017-05-11 20:45:23 GMT

    The Yale Program on Climate Change Communication polled Americans. The New York Times then mapped out the results.  

    More >>

    The Yale Program on Climate Change Communication polled Americans. The New York Times then mapped out the results.  

    More >>
  • Business Report: Hawaii population over time

    Business Report: Hawaii population over time

    Wednesday, May 10 2017 5:00 PM EDT2017-05-10 21:00:07 GMT

    In 1872, Hawaii population was less than Kauai today, and 92% were born here. In 1896, plantation immigration had doubled the population, 2 men for every woman. 

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    In 1872, Hawaii population was less than Kauai today, and 92% were born here. In 1896, plantation immigration had doubled the population, 2 men for every woman. 

    More >>
  • Business Report: American mortality

    Business Report: American mortality

    Tuesday, May 9 2017 5:06 PM EDT2017-05-09 21:06:33 GMT

    As we have seen, health care is a big American problem and a big American economic sector. 

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    As we have seen, health care is a big American problem and a big American economic sector. 

    More >>
  • Business Report: New UH forecast for this year's Hawaii economy

    Business Report: New UH forecast for this year's Hawaii economy

    Monday, May 8 2017 5:03 PM EDT2017-05-08 21:03:33 GMT

    Economists are always pressured for highly-specific predictions, a difficult task. 

    More >>

    Economists are always pressured for highly-specific predictions, a difficult task. 

    More >>
  • Business Report: 5/5/17

    Business Report: 5/5/17

    Friday, May 5 2017 5:24 PM EDT2017-05-05 21:24:13 GMT

    Alexander & Baldwin reports a $7 million winter profit, after losing money the year before. Commercial real estate revenues grew. A&B local properties rose to 94% occupancy. The Grace Pacific division saw lower sales. The Maui sugar plantation closed. A&B is Hawaii's fourth largest private...

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    Alexander & Baldwin reports a $7 million winter profit, after losing money the year before. Commercial real estate revenues grew. A&B local properties rose to 94% occupancy. The Grace Pacific division saw lower sales. The Maui sugar plantation closed. A&B is Hawaii's fourth largest private...

    More >>
  • Business Report: Did Obamacare reduce bankruptcies?

    Business Report: Did Obamacare reduce bankruptcies?

    Thursday, May 4 2017 5:29 PM EDT2017-05-04 21:29:38 GMT

    Medical emergencies are a big source of financial stress. 

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    Medical emergencies are a big source of financial stress. 

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  • Business Report: Who trades with North Korea?

    Business Report: Who trades with North Korea?

    Wednesday, May 3 2017 3:31 PM EDT2017-05-03 19:31:02 GMT

    UC San Diego made a chart that shows a dramatic change in North Korean trade. In 2000, China, Japan and South Korea each accounted for about a fifth of it. But a downtrend had already begun for Japan – and the rest of the world. South Korean trade with the north kept increasing until about 10 years ago...

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    UC San Diego made a chart that shows a dramatic change in North Korean trade. In 2000, China, Japan and South Korea each accounted for about a fifth of it. But a downtrend had already begun for Japan – and the rest of the world. South Korean trade with the north kept increasing until about 10 years ago...

    More >>
  • Business Report: The trillion-dollar federal budget deal

    Tuesday, May 2 2017 4:55 PM EDT2017-05-02 20:55:40 GMT

    There’s $2 billion for borders – not enough for a wall, but it IS enough to repair existing fences and use drones and sensors to watch for crossings.  Immigration and Customs got a bump but no hiring spree.  The Justice Department got cut but there’s more for the FBI and ATF.  TSA gets $300 million...

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    There’s $2 billion for borders – not enough for a wall, but it IS enough to repair existing fences and use drones and sensors to watch for crossings.  Immigration and Customs got a bump but no hiring spree.  The Justice Department got cut but there’s more for the FBI and ATF.  TSA gets $300 million...

    More >>
  • Business Report: The Obamacare repeal-and-replace debate

    Business Report: The Obamacare repeal-and-replace debate

    Friday, April 28 2017 3:48 PM EDT2017-04-28 19:48:23 GMT

    Obamacare is a healthcare story, an economic story, and a political story. Medically, all you need to know is this chart. The number of Americans without health insurance was rising, than Obamacare became law, and it start falling. Millions of people now have coverage. Economically, people without insurance...

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    Obamacare is a healthcare story, an economic story, and a political story. Medically, all you need to know is this chart. The number of Americans without health insurance was rising, than Obamacare became law, and it start falling. Millions of people now have coverage. Economically, people without insurance...

    More >>
  • Business Report: The corporate tax rate

    Business Report: The corporate tax rate

    Thursday, April 27 2017 3:33 PM EDT2017-04-27 19:33:13 GMT

    President Trump proposes to raise the standard deduction for individual taxpayers. That's a good idea, because itemizing is a pain in the butt, and the more people take the standard deduction, the less cheating there is. The president also proposes reducing corporate income taxes, but whether that's a good idea...

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    President Trump proposes to raise the standard deduction for individual taxpayers. That's a good idea, because itemizing is a pain in the butt, and the more people take the standard deduction, the less cheating there is. The president also proposes reducing corporate income taxes, but whether that's a good idea...

    More >>
  • Business Report: Electric cars

    Wednesday, April 26 2017 4:45 PM EDT2017-04-26 20:45:34 GMT

    Interesting prediction at the Bloomberg New Energy Finance Conference yesterday in New York – that by 2020 – a mere 13 years from now – electric cars will account for almost a third of all new car sales. What’s makes this prediction interesting is, it came from the chief economist for Total, the French...

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    Interesting prediction at the Bloomberg New Energy Finance Conference yesterday in New York – that by 2020 – a mere 13 years from now – electric cars will account for almost a third of all new car sales. What’s makes this prediction interesting is, it came from the chief economist for Total, the French...

    More >>
  • Business Report: Airline capacity to Hawaii

    Business Report: Airline capacity to Hawaii

    Tuesday, April 25 2017 4:54 PM EDT2017-04-25 20:54:34 GMT

    Only two airlines fly 2 million seats here a year, Hawaiian and United. Three more fly 1 million – Delta, American and Alaska. Japan Airlines is next with half a million. Far behind: Canada's Westjet, Korean Air, and Australia's Jetstar. Air Canada and Taiwan's China Air come in above 100,000 seats...

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    Only two airlines fly 2 million seats here a year, Hawaiian and United. Three more fly 1 million – Delta, American and Alaska. Japan Airlines is next with half a million. Far behind: Canada's Westjet, Korean Air, and Australia's Jetstar. Air Canada and Taiwan's China Air come in above 100,000 seats...

    More >>
  • Business Report: The high cost of health

    Business Report: The high cost of health

    Monday, April 24 2017 5:14 PM EDT2017-04-24 21:14:14 GMT

    When politicians either attack or defend Obamacare, both sides say health costs are soaring, which they are, and our system is better than what other countries have. On this chart, the state of health care is measured by longevity and cost.  The longer people live, the higher that nation's...

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    When politicians either attack or defend Obamacare, both sides say health costs are soaring, which they are, and our system is better than what other countries have. On this chart, the state of health care is measured by longevity and cost.  The longer people live, the higher that nation's...

    More >>
  • Business Report: 4/21/17

    Business Report: 4/21/17

    Friday, April 21 2017 4:19 PM EDT2017-04-21 20:19:59 GMT

    Hawaiian Airlines made $37 million in the winter quarter despite fuel costs up 48% and payroll up 18%.

    More >>

    Hawaiian Airlines made $37 million in the winter quarter despite fuel costs up 48% and payroll up 18%.

    More >>
  • Business Report: 4/20/17

    Thursday, April 20 2017 12:39 PM EDT2017-04-20 16:39:33 GMT

    Halekulani Corporation still plans to renovate its OTHER hotel, the Waikiki Parc. But PBN reports the work now won't start until next year. The plan is to turn almost 300 tiny rooms into 126 more spacious rooms and suites. New retailers at International Market Place – Burberry, on Level 1 – the décor...

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    Halekulani Corporation still plans to renovate its OTHER hotel, the Waikiki Parc. But PBN reports the work now won't start until next year. The plan is to turn almost 300 tiny rooms into 126 more spacious rooms and suites. New retailers at International Market Place – Burberry, on Level 1 – the décor...

    More >>
  • Business Report: 4/19/17

    Business Report: 4/19/17

    Wednesday, April 19 2017 4:47 PM EDT2017-04-19 20:47:03 GMT

    Hawaii legislature conferees begin negotiation a final version of the state budget - they've already agreed on $3 million for the Ige rehousing program, more than he requested. 

    More >>

    Hawaii legislature conferees begin negotiation a final version of the state budget - they've already agreed on $3 million for the Ige rehousing program, more than he requested. 

    More >>
  • Business Report: how many Americans pay income taxes?

    Business Report: how many Americans pay income taxes?

    Tuesday, April 18 2017 4:47 PM EDT2017-04-18 20:47:31 GMT

    NPR commissioned a poll.  They asked people to guess what percentage of Americans pay no income tax. 

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    NPR commissioned a poll.  They asked people to guess what percentage of Americans pay no income tax..

    More >>
  • Business Report: US states getting the most Chinese investments

    Monday, April 17 2017 5:08 PM EDT2017-04-17 21:08:56 GMT

    In 16 years the Chinese have invested $109 billion in America. Most of it has been in the last two or three years. 

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    In 16 years the Chinese have invested $109 billion in America. Most of it has been in the last two or three years. 

    More >>
  • Business Report: The world's growing population

    Business Report: The world's growing population

    Friday, April 14 2017 5:49 PM EDT2017-04-14 21:49:48 GMT

    One way to easily apprehend where people live is to look at nighttime satellite imagery. NASA has released its first global map of nighttime lighting in five years. The most striking change from five years earlier is a population explosion in India, especially in the northern states. This accords with Oxford Economics...

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    One way to easily apprehend where people live is to look at nighttime satellite imagery. 

    More >>
  • Business Report: Why shoelaces come untied

    Business Report: Why shoelaces come untied

    Thursday, April 13 2017 4:29 PM EDT2017-04-13 20:29:43 GMT

    Why do shoelaces come untied? Berkeley scientists studied this. They unraveled the issue of shoelace knot failure. 

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    Why do shoelaces come untied? Berkeley scientists studied this. They unraveled the issue of shoelace knot failure. 

    More >>
  • Business Report: Corporate communications when things go wrong

    Business Report: Corporate communications when things go wrong

    Wednesday, April 12 2017 4:23 PM EDT2017-04-12 20:23:49 GMT

    Most big companies employ communications professionals - people who supposedly do a better job of talking for the company than the operational people do. Even if that's true, that's a problem, most especially when the company does something wrong. Bumpinggate, the United deboarding debacle...

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    Most big companies employ communications professionals - people who supposedly do a better job of talking for the company than the operational people do. Even if that's true, that's a problem, most especially when the company does something wrong. Bumpinggate, the United deboarding debacle...

    More >>
  • Business Report: The crises at major airlines

    Business Report: The crises at major airlines

    Tuesday, April 11 2017 4:58 PM EDT2017-04-11 20:58:24 GMT

    The crisis at major airlines has many facets. Airlines keep very few spare aircraft. Any major delay sets off cascading trouble. There’s a pilot shortage. When a crew is late, you can’t always just call someone else. The systems are fragile. One storm, one computer crash, one guy who won’t give...

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    The crisis at major airlines has many facets. Airlines keep very few spare aircraft. Any major delay sets off cascading trouble. There’s a pilot shortage. When a crew is late, you can’t always just call someone else. The systems are fragile. One storm, one computer crash, one guy who won’t give...

    More >>
  • Business Report: Raising the minimum wage

    Business Report: Raising the minimum wage

    Monday, April 10 2017 4:46 PM EDT2017-04-10 20:46:06 GMT

    Businesses that pay minimum wage always saying raising it will raise unemployment. 

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    Businesses that pay minimum wage always saying raising it will raise unemployment. 

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  • Business Report 4/7/17: Hotel occupancy report

    Business Report 4/7/17: Hotel occupancy report

    Friday, April 7 2017 5:03 PM EDT2017-04-07 21:03:16 GMT

    Hotel occupancy fell a few points across the board last week. 

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    Hotel occupancy fell a few points across the board last week. 

    More >>
  • Business Report: All about the Dow

    Business Report: All about the Dow

    Thursday, April 6 2017 4:23 PM EDT2017-04-06 20:23:04 GMT

    The Dow Jones Industrial Average consists of 30 stocks. When the index was new, it held railroads and industrial giants. Times have changed: the Dow includes McDonald's, Disney and Nike. The stocks are weighted: half the index is 10 stocks. Goldman Sachs is worth the most, more than 7% of the whole...

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    The Dow Jones Industrial Average consists of 30 stocks. When the index was new, it held railroads and industrial giants. Times have changed: the Dow includes McDonald's, Disney and Nike. The stocks are weighted: half the index is 10 stocks. Goldman Sachs is worth the most, more than 7% of the whole...

    More >>
  • Business Report: Explaining an economic concept

    Business Report: Explaining an economic concept

    Wednesday, April 5 2017 5:02 PM EDT2017-04-05 21:02:28 GMT

    The concept of economics comes up in your life all the time. When you decide to do something, it means you're not doing something else. Economists call this, opportunity cost. Suppose you decide to play a game, and you're in the thick of it when the phone rings and it's your boss, who needs...

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    The concept of economics comes up in your life all the time. When you decide to do something, it means you're not doing something else. Economists call this, opportunity cost. Suppose you decide to play a game, and you're in the thick of it when the phone rings and it's your boss, who needs...

    More >>
  • Business Report: Interest rates creeping up

    Business Report: Interest rates creeping up

    Tuesday, April 4 2017 4:23 PM EDT2017-04-04 20:23:47 GMT

    The Fed uses interest rates to nudge the economy – low rates to stimulate, preventing the economy from stalling out – high rates to put the brakes on inflation.

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    The Fed uses interest rates to nudge the economy – low rates to stimulate, preventing the economy from stalling out – high rates to put the brakes on inflation. 

    More >>
  • Business Report: The wealth of the people in the new administration

    Business Report: The wealth of the people in the new administration

    Monday, April 3 2017 4:38 PM EDT2017-04-03 20:38:55 GMT

    Every president forms his own government. Obama brought rivals in to keep them close. Reagan hired his aides as California governor.  

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    Every president forms his own government. Obama brought rivals in to keep them close. Reagan hired his aides as California governor.  

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  • Business Report: 3/31/17

    Business Report: 3/31/17

    Friday, March 31 2017 4:04 PM EDT2017-03-31 20:04:31 GMT

    The Hawaii Convention Center hopes this will become an annual event – a Mother's Day brunch with live music. Kapena headlines and Kevin Nakata's Convention Center culinary crew provides the meal to go with the mele, Sunday, May 14, 11:30 a.m., at the Convention Center. Locations Hawaii...

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    The Hawaii Convention Center hopes this will become an annual event – a Mother's Day brunch with live music. Kapena headlines and Kevin Nakata's Convention Center culinary crew provides the meal to go with the mele, Sunday, May 14, 11:30 a.m., at the Convention Center. Locations Hawaii...

    More >>
  • Business Report: Many airlines moving at LAX

    Business Report: Many airlines moving at LAX

    Wednesday, March 29 2017 4:40 PM EDT2017-03-29 20:40:22 GMT

    Los Angeles International has set a date for moving 21 airlines to different terminals.  

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    Los Angeles International has set a date for moving 21 airlines to different terminals.  

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  • Business Report: A look at Matson shipping

    Business Report: A look at Matson shipping

    Tuesday, March 28 2017 4:29 PM EDT2017-03-28 20:29:32 GMT

    Maritime shipping is measured by FEUs, which stands for Forty-foot Equivalent Units.  

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    Maritime shipping is measured by FEUs, which stands for Forty-foot Equivalent Units.  

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  • Business Report: Weekend events, local business leadership

    Business Report: Weekend events, local business leadership

    Friday, March 17 2017 4:15 PM EDT2017-03-17 20:15:09 GMT

    Today at the Plaza Mall is the second annual leadership symposium of BOMA, the building managers association. 

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    Today at the Plaza Mall is the second annual leadership symposium of BOMA, the building managers association. 

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  • Business Report: C&C Development in Waipahu and Maui Sugar Lands

    Business Report: C&C Development in Waipahu and Maui Sugar Lands

    Thursday, March 16 2017 4:21 PM EDT2017-03-16 20:21:38 GMT

     Castle & Cooke is closer to sales at Puuwai Place, a new development in Waipahu. It’s two long blocks of single-family homes on Paiwa Street, the road next to Waikele Outlets, but below the freeway. The houses back on an old cane haul road...

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     Castle & Cooke is closer to sales at Puuwai Place, a new development in Waipahu. It’s two long blocks of single-family homes on Paiwa Street, the road next to Waikele Outlets, but below the freeway. The houses back on an old cane haul road...

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  • Business Report: Oil and gas drilling in America

    Business Report: Oil and gas drilling in America

    Wednesday, March 15 2017 3:41 PM EDT2017-03-15 19:41:24 GMT

    OPEC production cuts drove oil prices up a, for awhile, but now they're lower again. What happened, while American oil and gas production rose, to make up a lot of the difference? Oil was discovered about a century ago in western Pennsylvania. Then gushers were found in California. Finally, Texas...

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    OPEC production cuts drove oil prices up a, for awhile, but now they're lower again. What happened, while American oil and gas production rose, to make up a lot of the difference? Oil was discovered about a century ago in western Pennsylvania. Then gushers were found in California. Finally, Texas...

    More >>
  • Business Report: What different guests want at a resort hotel

    Business Report: What different guests want at a resort hotel

    Tuesday, March 14 2017 3:25 PM EDT2017-03-14 19:25:33 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    There is a fascinating story in Travel Weekly magazine about the Outrigger resort in the Maldives. Let's start by reminding ourselves where the Maldives are.  A string of tiny islands makes its living catering to affluent guests from the Middle East, Russia, Europe and America. Most people have...

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    There is a fascinating story in Travel Weekly magazine about the Outrigger resort in the Maldives. Let's start by reminding ourselves where the Maldives are.  A string of tiny islands makes its living catering to affluent guests from the Middle East, Russia, Europe and America. Most people have...

    More >>
  • Business Report: 3/13/17

    Business Report: 3/13/17

    Monday, March 13 2017 3:30 PM EDT2017-03-13 19:30:32 GMT

    A major development on the local restaurant scene: Paul Kosasa of ABC Stores is entering the restaurant business. He’s developing Duke’s Lane & Eatery on the ground floor of the new Hyatt Centric hotel, what used to be the Waikiki Trade Center. Restaurant options will be open there in June. Servco...

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    A major development on the local restaurant scene: Paul Kosasa of ABC Stores is entering the restaurant business. He’s developing Duke’s Lane & Eatery on the ground floor of the new Hyatt Centric hotel, what used to be the Waikiki Trade Center. Restaurant options will be open there in June. Servco...

    More >>
  • Business Report: 3/10/17

    Business Report: 3/10/17

    Friday, March 10 2017 3:33 PM EST2017-03-10 20:33:28 GMT

    Happening today – the Hawaii Venture Capital Association and Support startup Paradise hand out their entrepreneur and deal of the year awards, 11:30, State Capitol. Starting this weekend, Polynesian Cultural Center has three new food trucks – Sam Choy and Tita's Seafood and Poke – So Da Bomb...

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    Happening today – the Hawaii Venture Capital Association and Support startup Paradise hand out their entrepreneur and deal of the year awards, 11:30, State Capitol. Starting this weekend, Polynesian Cultural Center has three new food trucks – Sam Choy and Tita's Seafood and Poke – So Da Bomb...

    More >>
  • Business Report: Health insurance - Who's insured, and how?

    Business Report: Health insurance - Who's insured, and how?

    Thursday, March 9 2017 3:11 PM EST2017-03-09 20:11:39 GMT

    This is a private sector analysis, based on figures from last year, but the proportions are still similar. Almost half – wedges 1, 2, 3, and 4, the green ones – are employer plans: large group, small group, government, and the military's TriCare. The orange wedges, 5, 6, and 7 – are Medicare. The maroon...

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    This is a private sector analysis, based on figures from last year, but the proportions are still similar. Almost half – wedges 1, 2, 3, and 4, the green ones – are employer plans: large group, small group, government, and the military's TriCare. The orange wedges, 5, 6, and 7 – are Medicare. The maroon...

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  • Business Report: Where America has really big trade deficits

    Business Report: Where America has really big trade deficits

    Wednesday, March 8 2017 2:36 PM EST2017-03-08 19:36:53 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Bloomberg News represents our trade deficits with various nations with circles. The bigger the circle, the bigger the trade imbalance in percentage terms. You may be surprised at which nations make the biggest circles. In relative terms, for example, Mexico is no big deal. That's partly because Mexican...

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    Bloomberg News represents our trade deficits with various nations with circles. The bigger the circle, the bigger the trade imbalance in percentage terms. You may be surprised at which nations make the biggest circles. In relative terms, for example, Mexico is no big deal. That's partly because Mexican...

    More >>
  • Business Report: What makes up the U.S. economy?

    Business Report: What makes up the U.S. economy?

    Tuesday, March 7 2017 2:36 PM EST2017-03-07 19:36:16 GMT

    The Commerce Department this morning reports a 10% spike in the U.S. trade deficit.  Apparently we bought a whole lot of goods manufactured in China. This seems like a good time to put the trade picture in perspective.  There are four main components of the American economy. GDP is gross domestic...

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    The Commerce Department this morning reports a 10% spike in the U.S. trade deficit.  Apparently we bought a whole lot of goods manufactured in China. This seems like a good time to put the trade picture in perspective.  There are four main components of the American economy. GDP is gross domestic...

    More >>
  • Business Report: 3/6/17

    Monday, March 6 2017 3:35 PM EST2017-03-06 20:35:17 GMT

    This is National Consumer Protection Week. The Department of Consumer Affairs has a free Consumer Education Fair, Wednesday, 10 a.m., courtyard of the King Kalakaua Building on Merchant Street. The East-West Center today hosts the fourth annual National Climate Assessment Town Hall...

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    This is National Consumer Protection Week. The Department of Consumer Affairs has a free Consumer Education Fair, Wednesday, 10 a.m., courtyard of the King Kalakaua Building on Merchant Street. The East-West Center today hosts the fourth annual National Climate Assessment Town Hall...

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  • Business Report: 3/3/17

    Business Report: 3/3/17

    Friday, March 3 2017 3:15 PM EST2017-03-03 20:15:03 GMT

    Umamiya Shabu Shabu opens tonight - Bernadette and I enjoyed a preview last night - you cook thinly-sliced meats and tasty vegetable bites in hot sauce, boiling at your table. Owner Peter Kim also told us he's reopened the original location of Liliha Bakery. Pieology Pizzeria at Aina Haina Shopping...

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    Umamiya Shabu Shabu opens tonight - Bernadette and I enjoyed a preview last night - you cook thinly-sliced meats and tasty vegetable bites in hot sauce, boiling at your table. Owner Peter Kim also told us he's reopened the original location of Liliha Bakery. Pieology Pizzeria at Aina Haina Shopping...

    More >>
  • Business Report: Components of the global economy

    Business Report: Components of the global economy

    Thursday, March 2 2017 2:30 PM EST2017-03-02 19:30:32 GMT

    It’s a different kind of globe, a map of world economies, by size, clustered by continent. The World Bank did the number crunching, national GDPs, or gross domestic products, as of February. Barry Ritholtz, who put this website The Big Picture, made a few observations I agree with. He was surprised...

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    It’s a different kind of globe, a map of world economies, by size, clustered by continent. The World Bank did the number crunching, national GDPs, or gross domestic products, as of February. Barry Ritholtz, who put this website The Big Picture, made a few observations I agree with. He was surprised...

    More >>
  • Business Report: Foreign parts in domestic cars

    Business Report: Foreign parts in domestic cars

    Wednesday, March 1 2017 3:34 PM EST2017-03-01 20:34:02 GMT

    Recently, we showed you a drawing of a Boeing jet assembled in South Carolina and pointed how many components come from other countries. The point was, "Made in America" is more complicated than it looks. This morning's chart shows the percentage of U.S. or Canadian parts in cars assembled...

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    Recently, we showed you a drawing of a Boeing jet assembled in South Carolina and pointed how many components come from other countries. The point was, "Made in America" is more complicated than it looks. This morning's chart shows the percentage of U.S. or Canadian parts in cars assembled...

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  • Business Report: Federal Spending

    Business Report: Federal Spending

    Tuesday, February 28 2017 4:07 PM EST2017-02-28 21:07:03 GMT

    The great senator Everett Dirksen, Republican Illinois, famously said, "A billion here, a billion there, and pretty soon you're talking real money."

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    The great senator Everett Dirksen, Republican Illinois, famously said, "A billion here, a billion there, and pretty soon you're talking real money." 

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  • Business Report: College malarkey course

    Business Report: College malarkey course

    Monday, February 27 2017 4:18 PM EST2017-02-27 21:18:38 GMT

    America is so aroil with contested factuality, academe has responded. 

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    America is so aroil with contested factuality, academe has responded. 

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  • Business Report: 2/24/17

    Business Report: 2/24/17

    Friday, February 24 2017 4:15 PM EST2017-02-24 21:15:00 GMT

    Oahu hotels were 89% full last week – Big Island 86, Kauai 85, Maui, 83% full – room rates mostly keeping pace with inflation – average room rate on Maui was $380 a night, more than $100 more than the other three operating counties – Big Island still performing best on extra room sales. The Hawaii...

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    Oahu hotels were 89% full last week – Big Island 86, Kauai 85, Maui, 83% full – room rates mostly keeping pace with inflation – average room rate on Maui was $380 a night, more than $100 more than the other three operating counties – Big Island still performing best on extra room sales. The Hawaii...

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  • Business Report: The amount of time Trump spends tweeting

    Business Report: The amount of time Trump spends tweeting

    Wednesday, February 22 2017 3:53 PM EST2017-02-22 20:53:42 GMT

    The Washington Post mostly went by daily press pool reports on the president's activities. 

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    The Washington Post mostly went by daily press pool reports on the president's activities. 

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  • Business Report: What you fear most vs. what threatens you most

    Business Report: What you fear most vs. what threatens you most

    Tuesday, February 21 2017 3:44 PM EST2017-02-21 20:44:13 GMT

    Barry Ritholtz, who does the blog "The Big Picture," recently gave a lecture to an MIT conference on how investors misunderstand risk. 

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    Barry Ritholtz, who does the blog "The Big Picture," recently gave a lecture to an MIT conference on how investors misunderstand risk.

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  • Business Report: The truth about Made in America

    Business Report: The truth about Made in America

    Monday, February 20 2017 4:02 PM EST2017-02-20 21:02:55 GMT

    President Trump toured a Boeing plant in South Carolina. It’s assembling the newest model of the 787 Dreamliner.  

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    President Trump toured a Boeing plant in South Carolina. It’s assembling the newest model of the 787 Dreamliner. 

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  • Business Report: 2/17/17

    Business Report: 2/17/17

    Friday, February 17 2017 4:45 PM EST2017-02-17 21:45:31 GMT

    Monday is the last day to file general excise tax returns, but the state is late mailing out forms. You can get them online from the state Department of Taxation. The forms are G45 and G49. HPU partners with Island Pacific Academy to let students of all ages earn college credits in Kapolei with HPU...

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    Monday is the last day to file general excise tax returns, but the state is late mailing out forms. You can get them online from the state Department of Taxation. The forms are G45 and G49. HPU partners with Island Pacific Academy to let students of all ages earn college credits in Kapolei with HPU...

    More >>
  • Business Report: 2/16/17

    Business Report: 2/16/17

    Thursday, February 16 2017 4:30 PM EST2017-02-16 21:30:51 GMT

    Kmart closed at Waikele but is still paying rent – a lot of rent. PBN reports the annual rent on that space is $4.5 million.

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    Kmart closed at Waikele but is still paying rent – a lot of rent. PBN reports the annual rent on that space is $4.5 million.

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  • Business Report: The Housing Shortage

    Business Report: The Housing Shortage

    Wednesday, February 15 2017 3:28 PM EST2017-02-15 20:28:55 GMT

    A House committee advances an idea to change the tax code and address the housing crisis. 

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    A House committee advances an idea to change the tax code and address the housing crisis.

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  • Business Report: New design ideas for the Nebraska state flag

    Business Report: New design ideas for the Nebraska state flag

    Tuesday, February 14 2017 3:30 PM EST2017-02-14 20:30:22 GMT

    Not just anywhere, but at the state capitol in Lincoln. Upside-down, 10 days. What's strange about this the flag has lots of stuff on it that looks odd upside-down. It has a state seal that includes a train, a steamboat, a house and a blacksmith working on an anvil. And if that's not enough, it has words...

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    Not just anywhere, but at the state capitol in Lincoln. Upside-down, 10 days. What's strange about this the flag has lots of stuff on it that looks odd upside-down. It has a state seal that includes a train, a steamboat, a house and a blacksmith working on an anvil. And if that's not enough, it has words...

    More >>
  • Business Report: The twilight of coal as an energy source

    Business Report: The twilight of coal as an energy source

    Monday, February 13 2017 3:23 PM EST2017-02-13 20:23:32 GMT

    Coal is cheap and dirty. If it weren’t for the pollution we’d all love coal. West Virginia and Kentucky still do, because coal means jobs. 

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    Coal is cheap and dirty. If it weren’t for the pollution we’d all love coal. West Virginia and Kentucky still do, because coal means jobs.

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  • Business Report: Statewide Hotel Occupancy (with Legos!)

    Business Report: Statewide Hotel Occupancy (with Legos!)

    Friday, February 10 2017 2:25 PM EST2017-02-10 19:25:42 GMT
    After two weeks of hotel occupancy above 80 percent in all four operating counties, three fell below that level last week. Oahu fell five points to 81 percent full. It was Big Island 79 percent, Maui 78 percent, Kauai 77 percent full. Every one of these numbers is lower than the same time last year. More >>
    After two weeks of hotel occupancy above 80 percent in all four operating counties, three fell below that level last week. Oahu fell five points to 81 percent full. It was Big Island 79 percent, Maui 78 percent, Kauai 77 percent full. Every one of these numbers is lower than the same time last year. More >>
  • Business Report: Which is better - A strong dollar or a weak one?

    Business Report: Which is better - A strong dollar or a weak one?

    Thursday, February 9 2017 2:56 PM EST2017-02-09 19:56:43 GMT

    Suppose you're the president, you've been in business all your life, you went to the Wharton School of Business, and it's three in the morning and you can't for the life of you remember which it is, a stronger dollar is better or a weak one, so you do what anyone would do, you call your national security...

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    Suppose you're the president, you've been in business all your life, you went to the Wharton School of Business, and it's three in the morning and you can't for the life of you remember which it is, a stronger dollar is better or a weak one, so you do what anyone would do, you call your national security...

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  • Business Report: OPEC oil production cuts

    Business Report: OPEC oil production cuts

    Wednesday, February 8 2017 3:06 PM EST2017-02-08 20:06:55 GMT

    The price of oil drives our economy more than anything Washington does. So, one month into the OPEC production cuts, how are those cutbacks going? Bloomberg News made a chart to compare promised cuts with actual cuts. The darker line is the actual production cut, the yellow line is what was promised...

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    The price of oil drives our economy more than anything Washington does. So, one month into the OPEC production cuts, how are those cutbacks going? Bloomberg News made a chart to compare promised cuts with actual cuts. The darker line is the actual production cut, the yellow line is what was promised...

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  • Business Report: 2/3/17

    Business Report: 2/3/17

    Friday, February 3 2017 4:29 PM EST2017-02-03 21:29:06 GMT

    One way of measuring how tight a housing market is, is to measure months of remaining industry – the time it would take to sell all remaining homes for sale is no more came on the market. A year ago it was only 3.1 months. Now it's 2.6 months. Locations Hawaii says it's the lowest in more than 10 years...

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    One way of measuring how tight a housing market is, is to measure months of remaining industry – the time it would take to sell all remaining homes for sale is no more came on the market. A year ago it was only 3.1 months. Now it's 2.6 months. Locations Hawaii says it's the lowest in more than 10 years...

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  • Business Report: 2/2/17

    Business Report: 2/2/17

    Thursday, February 2 2017 4:46 PM EST2017-02-02 21:46:21 GMT

    HCDA rejects a request by Ward Village to drop some conditions for the Aalii tower, where the fish market is now. Ward still has to finish the central plaza and walkways before people move in upstairs. Todd Apo says Ward is still committed to the project, which includes reserved housing for locals...

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    HCDA rejects a request by Ward Village to drop some conditions for the Aalii tower, where the fish market is now. Ward still has to finish the central plaza and walkways before people move in upstairs. Todd Apo says Ward is still committed to the project, which includes reserved housing for locals...

    More >>
  • Business Report: Job Quest Job Fair

    Business Report: Job Quest Job Fair

    Wednesday, February 1 2017 3:15 PM EST2017-02-01 20:15:06 GMT

    Approximately 250 local businesses will be at the Job Quest Job Fair on Wednesday.

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    Approximately 250 local businesses will be at the Job Quest Job Fair on Wednesday.

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  • Business Report: 1/31/17

    Business Report: 1/31/17

    Tuesday, January 31 2017 3:49 PM EST2017-01-31 20:49:40 GMT

    Maui Brewing Company is expanding to Oahu. Today it opens on the second floor of the Holiday Inn Resort Waikiki Beachcomber on Kalakaua Avenue. 

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    Maui Brewing Company is expanding to Oahu. Today it opens on the second floor of the Holiday Inn Resort Waikiki Beachcomber on Kalakaua Avenue. 

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  • Business Report: America's oil and gas pipelines

    Business Report: America's oil and gas pipelines

    Monday, January 30 2017 4:33 PM EST2017-01-30 21:33:27 GMT

    Pipeline safety has gone onto the front burner, which sounds terribly unsafe.

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    Pipeline safety has gone onto the front burner, which sounds terribly unsafe. ..

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  • Business Report: 1/27/17

    Business Report: 1/27/17

    Friday, January 27 2017 3:58 PM EST2017-01-27 20:58:11 GMT

    Happening this afternoon, the BIA Home Building and Remodeling Show opens at Blaisdell. It runs through the weekend. A three-day pass is $7 and all the other tickets are cheaper. The Cheesecake Factory is coming to Ka Makana Alii. But not until late fall. You'll just have to eat at Five Guys until...

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    Happening this afternoon, the BIA Home Building and Remodeling Show opens at Blaisdell. It runs through the weekend. A three-day pass is $7 and all the other tickets are cheaper. The Cheesecake Factory is coming to Ka Makana Alii. But not until late fall. You'll just have to eat at Five Guys until...

    More >>
  • Business Report: The long bull market

    Business Report: The long bull market

    Thursday, January 26 2017 4:22 PM EST2017-01-26 21:22:52 GMT

    NPR did a good chart of the stock market since Wall Street broke the economy in 2008. Stocks have appreciated at about 7% a year, after dialing out inflation. Nothing else has kept up with that, certainly not wages. Credit the Fed with this. It pushed safe bond market interest rates to roughly zero...

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    NPR did a good chart of the stock market since Wall Street broke the economy in 2008. Stocks have appreciated at about 7% a year, after dialing out inflation. Nothing else has kept up with that, certainly not wages. Credit the Fed with this. It pushed safe bond market interest rates to roughly zero...

    More >>
  • Business Report: Modified periodic table

    Business Report: Modified periodic table

    Wednesday, January 25 2017 3:55 PM EST2017-01-25 20:55:44 GMT
    You studied it in school - the Periodic Table of the Elements. This morning Howard shows a modified version that makes it easier to learn. Dmitri Mendeleyev created the famous table, which shows the rising atomic numbers in horizontal rows, while also grouping similar characteristics in vertical rows. What could possibly improve on that? Ken Enevoldsen adds a few words on what each element is used for. Like, Americium is used in smoke detectors. Niobium is used for maglev trains...More >>
    You studied it in school - the Periodic Table of the Elements. This morning Howard shows a modified version that makes it easier to learn. Dmitri Mendeleyev created the famous table, which shows the rising atomic numbers in horizontal rows, while also grouping similar characteristics in vertical rows. What could possibly improve on that? Ken Enevoldsen adds a few words on what each element is used for. Like, Americium is used in smoke detectors. Niobium is used for maglev trains...More >>
  • Business Report: Local jobless rates

    Business Report: Local jobless rates

    Tuesday, January 24 2017 4:40 PM EST2017-01-24 21:40:18 GMT

    It's time for Howard's Illustrated Economics. This morning, deep details on how low local jobless rates have gone. 

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    It's time for Howard's Illustrated Economics. This morning, deep details on how low local jobless rates have gone. 

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  • Business Report: Hotel occupancy report for 2nd week of January

    Business Report: Hotel occupancy report for 2nd week of January

    Monday, January 23 2017 2:36 PM EST2017-01-23 19:36:01 GMT

    In this edition of Business Report, Howard Dicus has the most recent hotel occupancy report for Hawaii.  

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    In this edition of Business Report, Howard Dicus has the most recent hotel occupancy report for Hawaii.  

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  • Business Report: The Inauguration setup

    Business Report: The Inauguration setup

    Thursday, January 19 2017 4:10 PM EST2017-01-19 21:10:23 GMT

    The U.S. Capitol has no back. Officially, it has an east front and a west. The east front looks across a parking lot to the Supreme Court and the Library of Congress. The west front, on the edge of Capitol Hill, looks down on the National Mall. The Washington Monument is in the distance, and behind...

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    The U.S. Capitol has no back. Officially, it has an east front and a west. The east front looks across a parking lot to the Supreme Court and the Library of Congress. The west front, on the edge of Capitol Hill, looks down on the National Mall. The Washington Monument is in the distance, and behind...

    More >>
  • Business Report: U.S. Airline profit margins

    Business Report: U.S. Airline profit margins

    Tuesday, January 17 2017 3:03 PM EST2017-01-17 20:03:58 GMT

    Now that all the airlines have reported full-year 2016 profits, who had the best operating margins? Allegiant was tops at 30%. Allegiant flies really old jets it buys outright. No costly lease payments. But full service Alaska Airlines had a 23% operating margin. That’s the same as European no-frill carrier...

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    Now that all the airlines have reported full-year 2016 profits, who had the best operating margins? Allegiant was tops at 30%. Allegiant flies really old jets it buys outright. No costly lease payments. But full service Alaska Airlines had a 23% operating margin. That’s the same as European no-frill carrier...

    More >>
  • Business Report: 1/13/17

    Business Report: 1/13/17

    Friday, January 13 2017 2:41 PM EST2017-01-13 19:41:34 GMT

    We always get a visitor bump for New Year's, but this year we seem also to have gotten an echo bump the *second8 week of the new year - Kauai 79% full, the other islands in the low eighties - lower numbers than New Year's week but better than usual, despite room rates mostly in the 300 and 400...

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    We always get a visitor bump for New Year's, but this year we seem also to have gotten an echo bump the *second8 week of the new year - Kauai 79% full, the other islands in the low eighties - lower numbers than New Year's week but better than usual, despite room rates mostly in the 300 and 400...

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  • Castle Medical Center finalizes purchase of the Hawaii Pacific University Windward Campus for future expansion and services

    Castle Medical Center finalizes purchase of the Hawaii Pacific University Windward Campus for future expansion and services

    Thursday, January 12 2017 2:27 PM EST2017-01-12 19:27:01 GMT

    Hawai‘i Pacific University (HPU) and Castle Medical Center (CMC) confirmed today the sale and purchase of HPU’s 135-acre Hawaii Loa campus for CMC’s expansion. HPU will continue its operations on the property until 2020, while it stages the university’s transition to a singular campus in downtown...

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    Hawai‘i Pacific University (HPU) and Castle Medical Center (CMC) confirmed today the sale and purchase of HPU’s 135-acre Hawaii Loa campus for CMC’s expansion. HPU will continue its operations on the property until 2020, while it stages the university’s transition to a singular campus in downtown...

    More >>
  • Business Report: 1/11/17

    Business Report: 1/11/17

    Wednesday, January 11 2017 3:01 PM EST2017-01-11 20:01:38 GMT

    When “Avatar” came out, I said the only way Hilton Hawaiian Village could further expand would be a tower floating in the air attached to the ground by blue vegetation. Apparently I was wrong. Not only is Hilton building a tower on the Hale Koa edge of its property, but PBN reports Hilton’s spun-off timeshare...

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    When “Avatar” came out, I said the only way Hilton Hawaiian Village could further expand would be a tower floating in the air attached to the ground by blue vegetation. Apparently I was wrong. Not only is Hilton building a tower on the Hale Koa edge of its property, but PBN reports Hilton’s spun-off timeshare...

    More >>
  • Business Report: 1/6/17

    Business Report: 1/6/17

    Friday, January 6 2017 2:46 PM EST2017-01-06 19:46:29 GMT

    Wallet Hub ranks hundreds of U.S. cities for their suitability for an active lifestyle. Most of the factors they measures were outdoor environment and sports facilities, weighted rather heavily to indoor facilities. Weather was relegated to less than 4% of the total. A third was the cost of stuff. That's snowed-in...

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    Wallet Hub ranks hundreds of U.S. cities for their suitability for an active lifestyle. Most of the factors they measures were outdoor environment and sports facilities, weighted rather heavily to indoor facilities. Weather was relegated to less than 4% of the total. A third was the cost of stuff. That's snowed-in...

    More >>
  • Business Report: Council on Revenues

    Business Report: Council on Revenues

    Thursday, January 5 2017 2:58 PM EST2017-01-05 19:58:13 GMT

    This morning, what really happens when the Council on Revenues meets. 

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    This morning, what really happens when the Council on Revenues meets. 

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  • Business Report: Revolutionizing the cruise business

    Wednesday, January 4 2017 3:57 PM EST2017-01-04 20:57:14 GMT

    The technology is being unveiled today at the Consumer Electronics Show in Las Vegas. Carnival has been working on a system that tracks each passenger an offers services where he goes. They give you a medallion that has electronic information on you, and you carry it as you walk around the ship...

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    The technology is being unveiled today at the Consumer Electronics Show in Las Vegas. Carnival has been working on a system that tracks each passenger an offers services where he goes. They give you a medallion that has electronic information on you, and you carry it as you walk around the ship...

    More >>
  • Business Report: Howard's New Year's resolutions

    Business Report: Howard's New Year's resolutions

    Tuesday, January 3 2017 3:57 PM EST2017-01-03 20:57:47 GMT

    In this edition of "Business Report," Howard lists out his New Year's resolutions and also shows that the key to keeping resolutions is to keep them reasonable.

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    In this edition of "Business Report," Howard lists out his New Year's resolutions and also shows that the key to keeping resolutions is to keep them reasonable.

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  • Business Report: 2016 visitors by major market

    Business Report: 2016 visitors by major market

    Monday, January 2 2017 3:51 PM EST2017-01-02 20:51:14 GMT

    In 2016 the only major visitor segment to decline was Canadians, down more than 7%. But Canadians still make up more than 5% of our visitors, or one in 20. Japanese visitors, up slightly make up three in 20 visitors. That’s a little more than all our other international visitors put together. Which leaves...

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    In 2016 the only major visitor segment to decline was Canadians, down more than 7%. But Canadians still make up more than 5% of our visitors, or one in 20. Japanese visitors, up slightly make up three in 20 visitors. That’s a little more than all our other international visitors put together. Which leaves...

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  • Business Report: 12/30/16

    Business Report: 12/30/16

    Friday, December 30 2016 4:04 PM EST2016-12-30 21:04:20 GMT

    Wanna manage a eucalyptus forest? No koalas, please. LHF Lopiwa notified Kamehameha Schools it won’t renew its lease on the Hamakua eucalyptus plantation.

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    Wanna manage a eucalyptus forest? No koalas, please. LHF Lopiwa notified Kamehameha Schools it won’t renew its lease on the Hamakua eucalyptus plantation.

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  • Business Report: 12/29/16

    Business Report: 12/29/16

    Thursday, December 29 2016 4:39 PM EST2016-12-29 21:39:48 GMT

    Let's break November tourism down by island. Visitor counts rose moderately on most islands but rose 5.5% to Kauai and the Big Island and 51% to Lanai, reflecting the reopening of Manele Bay. Kauai jumped up traffic by offering deals, and saw 4.7% less spending. Oahu also fell, but only a fifth of a percent...

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    Let's break November tourism down by island. Visitor counts rose moderately on most islands but rose 5.5% to Kauai and the Big Island and 51% to Lanai, reflecting the reopening of Manele Bay. Kauai jumped up traffic by offering deals, and saw 4.7% less spending. Oahu also fell, but only a fifth of a percent...

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  • Business Report: 12/28/16

    Business Report: 12/28/16

    Wednesday, December 28 2016 4:17 PM EST2016-12-28 21:17:26 GMT

    JFC, the largest distributor of Japanese food products in North America and the company behind Kikkoman, is selling its offices and warehouse near Pearlridge. 

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    JFC, the largest distributor of Japanese food products in North America and the company behind Kikkoman, is selling its offices and warehouse near Pearlridge. 

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  • Business Report: Tourism slogans that fall short

    Business Report: Tourism slogans that fall short

    Tuesday, December 27 2016 3:17 PM EST2016-12-27 20:17:42 GMT

    The New York Times has an amusing article with the headline, “Countries Sling Epic Tourism Slogans!”  Family Break Finder .com compiled English language tourism slogans from around the world. Many are alluringly alliterative, like Brilliant Barbados, Epic Estonia and Remarkable Rwanda...

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    The New York Times has an amusing article with the headline, “Countries Sling Epic Tourism Slogans!”  Family Break Finder .com compiled English language tourism slogans from around the world. Many are alluringly alliterative, like Brilliant Barbados, Epic Estonia and Remarkable Rwanda...

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  • Business Report: The changing face of post holiday retail store sales

    Business Report: The changing face of post holiday retail store sales

    Monday, December 26 2016 4:25 PM EST2016-12-26 21:25:23 GMT

    Some retailers call it the second season - an opportunity to cut prices, move out the unsold merchandise - and recover their costs on what didn't sell before Christmas. The original idea was to sell a little somethin'-somethin' to people coming back for bargains. But that was a specialized market. So stores...

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    Some retailers call it the second season - an opportunity to cut prices, move out the unsold merchandise - and recover their costs on what didn't sell before Christmas. The original idea was to sell a little somethin'-somethin' to people coming back for bargains. But that was a specialized market. So stores...

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  • Howard's Business Report Archives

    Howard's Business Report Archives

    Looking for a previous segment? Check our archive of past business reports from Hawaii News Now's Resident Explainer, Howard Dicus.

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    Looking for a previous segment? Check our archive of past business reports from Hawaii News Now's Resident Explainer, Howard Dicus.

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