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

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  • Business Report: Iran nuclear deal

    Business Report: Iran nuclear deal

    Tuesday, May 22 2018 4:53 PM EDT2018-05-22 20:53:43 GMT
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    President Trump pulled out of the Iran nuclear deal and has begun new economic sanctions.

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    President Trump pulled out of the Iran nuclear deal and has begun new economic sanctions.

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  • Business Report: A closer look at April unemployment across Hawaii

    Business Report: A closer look at April unemployment across Hawaii

    Monday, May 21 2018 4:54 PM EDT2018-05-21 20:54:35 GMT
    Image: Hawaii News NowImage: Hawaii News Now
    Image: Hawaii News NowImage: Hawaii News Now

    April unemployment (and last year) Kauai 1.8 (2.7) Oahu 1.9 (2.2) Molokai 4.8 (5.3) Lanai 2.1 (3.0) Maui Island 1.9 (2.7) Big Island 2.2 (2.9)...

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    April unemployment (and last year) Kauai 1.8 (2.7) Oahu 1.9 (2.2) Molokai 4.8 (5.3) Lanai 2.1 (3.0) Maui Island 1.9 (2.7) Big Island 2.2 (2.9)...

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  • Business Report: More on America's busiest airports

    Business Report: More on America's busiest airports

    Friday, May 18 2018 4:41 PM EDT2018-05-18 20:41:06 GMT
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    Following up on yesterday’s figures, here are the busiest airports, re-ordered by the number of passengers coming in from other countries. I’ll tell you right off the bat Honolulu moves up the ranking to 14th place with 5 million international arrivals last year. JFK is far and away the busiest with 31 million...

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    Following up on yesterday’s figures, here are the busiest airports, re-ordered by the number of passengers coming in from other countries. I’ll tell you right off the bat Honolulu moves up the ranking to 14th place with 5 million international arrivals last year. JFK is far and away the busiest with 31 million...

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  • Business Report: Illustrated Economics

    Business Report: Illustrated Economics

    Thursday, May 17 2018 3:38 PM EDT2018-05-17 19:38:48 GMT
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    Honolulu airport handles almost 10 million passengers a year - 26th busiest in the U.S. - busier than San Diego or Pittsburgh or New Orleans. But how does that compare with the biggest airports? Let's take a look... and let's compare the newest figures, from last year, with 10 years before. This list is...

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    Honolulu airport handles almost 10 million passengers a year - 26th busiest in the U.S. - busier than San Diego or Pittsburgh or New Orleans. But how does that compare with the biggest airports? Let's take a look... and let's compare the newest figures, from last year, with 10 years before. This list is...

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  • Howzit Howard: May arrivals by air

    Howzit Howard: May arrivals by air

    Wednesday, May 16 2018 5:02 PM EDT2018-05-16 21:02:00 GMT

    May arrivals for the first half of the month are already up from last year. 

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    May arrivals for the first half of the month are already up from last year. 

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  • Business Report: 5/14/18

    Business Report: 5/14/18

    Monday, May 14 2018 3:43 PM EDT2018-05-14 19:43:42 GMT
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    BNP Paribas, largest bank in Paris, has already executed its plan to sell more First Hawaiian Bank stock, raising $503 million by taking its stake below 50%. It is still FHB's largest shareholder. The American Logistics Association preps for its annual Hawaii Food Show, where local companies pitch products...

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    BNP Paribas, largest bank in Paris, has already executed its plan to sell more First Hawaiian Bank stock, raising $503 million by taking its stake below 50%. It is still FHB's largest shareholder. The American Logistics Association preps for its annual Hawaii Food Show, where local companies pitch products...

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  • Business Report: Five facts about Southwest Airlines pending interisland service

    Friday, May 11 2018 5:00 PM EDT2018-05-11 21:00:01 GMT
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    Image: Hawaii News NowImage: Hawaii News Now

    It's time for Howard's Illustrated Economics. This morning, five facts about Southwest Airlines pending interisland service. 1. It has deeper pockets than Hawaiian. 2. It will fly jets, apples-to-apples competition. 3. It will fly jets, so its costs will be substantial. 4. It has a senior exec who worked for Hawaiian...

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    It's time for Howard's Illustrated Economics. This morning, five facts about Southwest Airlines pending interisland service. 1. It has deeper pockets than Hawaiian. 2. It will fly jets, apples-to-apples competition. 3. It will fly jets, so its costs will be substantial. 4. It has a senior exec who worked for Hawaiian...

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  • Business Report: What is Pentane?

    Thursday, May 10 2018 4:25 PM EDT2018-05-10 20:25:31 GMT
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    Puna Geothermal stores lots of pentane on-site and plans to move it in case the lava moves northeast from where it is now. But what IS pentane? Like pentagram and Pentagon, the name refers to FIVE. It's 12 hydrogen atoms held together by 5 atoms of carbon. Pentane is used as a solvent, and in...

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    Puna Geothermal stores lots of pentane on-site and plans to move it in case the lava moves northeast from where it is now. But what IS pentane? Like pentagram and Pentagon, the name refers to FIVE. It's 12 hydrogen atoms held together by 5 atoms of carbon. Pentane is used as a solvent, and in...

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  • Business Report: Travel insurance and the lava

    Business Report: Travel insurance and the lava

    Wednesday, May 9 2018 4:59 PM EDT2018-05-09 20:59:59 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    When you book an airline ticket, they offer travel insurance. Maybe you’ve bought it from time to time. I wondered whether that would cover someone who backed out...

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    When you book an airline ticket, they offer travel insurance. Maybe you’ve bought it from time to time. I wondered whether that would cover someone who backed out...

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  • Business Report: Three ways the lava affects the economy

    Business Report: Three ways the lava affects the economy

    Monday, May 7 2018 4:35 PM EDT2018-05-07 20:35:51 GMT
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    Retail sales diminish when there is a disaster, indeed even when the weather is bad. Covered malls are busy in heat waves and torrential rain, but other stores, not so much.  Even stores that sell emergency supplies find that they don't sell much of their other wares. Bottled water sells big, sure, but...

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    Retail sales diminish when there is a disaster, indeed even when the weather is bad. Covered malls are busy in heat waves and torrential rain, but other stores, not so much.  Even stores that sell emergency supplies find that they don't sell much of their other wares. Bottled water sells big, sure, but...

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  • Business Report: Our smaller sources of international air capacity

    Business Report: Our smaller sources of international air capacity

    Thursday, May 3 2018 4:11 PM EDT2018-05-03 20:11:57 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    This month we get 927,000 seats from foreign countries. Most of them are from Japan – 517,000 of them. That leaves 410,000 seats. We get 98,000 from Australia, 77,000 from South Korea, and 57,000 from Canada. That leaves 178,000 seats. Where do the rest come from...

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    This month we get 927,000 seats from foreign countries. Most of them are from Japan – 517,000 of them. That leaves 410,000 seats. We get 98,000 from Australia, 77,000 from South Korea, and 57,000 from Canada. That leaves 178,000 seats. Where do the rest come from...

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  • Business Report: A detailed look at April arrivals by air

    Wednesday, May 2 2018 4:55 PM EDT2018-05-02 20:55:13 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    To Kauai 60,000, up 37% (+16,000) To Oahu 343,000, up 2.6% (+31,000) To Maui 166,000, up 6.4% (+10,000) To Big Island 82,000, up 25% (+14,000) INTERNATIONAL...

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    To Kauai 60,000, up 37% (+16,000) To Oahu 343,000, up 2.6% (+31,000) To Maui 166,000, up 6.4% (+10,000) To Big Island 82,000, up 25% (+14,000) INTERNATIONAL...

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  • Business Report: Details from the March tourism report

    Business Report: Details from the March tourism report

    Friday, April 27 2018 4:21 PM EDT2018-04-27 20:21:19 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    MARCH VISITORS OAHU 511,000 +10% up 45,000 MAUI 260,000 +9% up 30,000 KONA SIDE 152,000 +18% up 23,000 KAUAI 75,000 +22% up 23,000 HILO SIDE 62,000...

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    MARCH VISITORS OAHU 511,000 +10% up 45,000 MAUI 260,000 +9% up 30,000 KONA SIDE 152,000 +18% up 23,000 KAUAI 75,000 +22% up 23,000 HILO SIDE 62,000...

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  • Business Report: Which companies have the most positive impact on society today?

    Business Report: Which companies have the most positive impact on society today?

    Thursday, April 26 2018 4:16 PM EDT2018-04-26 20:16:03 GMT
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    Survey Monkey surveyed Americans with this question, offering suggested companies. The survey was conducted earlier this month. Amazon 20%. Google 15%...

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    Survey Monkey surveyed Americans with this question, offering suggested companies. The survey was conducted earlier this month. Amazon 20%. Google 15%...

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  • Business Report: The March report on Hawaii hotel performance

    Business Report: The March report on Hawaii hotel performance

    Wednesday, April 25 2018 3:30 PM EDT2018-04-25 19:30:36 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Kauai 81.1%+2.0 $306+13%  RevPAR+16%. Oahu 84.3%+1.5 $235+1%  RevPAR+2.4%. Maui 80.2%+0.9 $432+13%  RevPAR+14%...

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    Kauai 81.1%+2.0 $306+13%  RevPAR+16%. Oahu 84.3%+1.5 $235+1%  RevPAR+2.4%. Maui 80.2%+0.9 $432+13%  RevPAR+14%...

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  • Business Report 4/20/18: Retail space on Oahu

    Business Report 4/20/18: Retail space on Oahu

    Friday, April 20 2018 5:04 PM EDT2018-04-20 21:04:15 GMT
    (Image: Hawaii News Now)(Image: Hawaii News Now)

    It's time for another edition of Howard's Illustrated Economics. In this edition, Howard brings out the legos to show retail space on Oahu. 

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    It's time for another edition of Howard's Illustrated Economics. In this edition, Howard brings out the legos to show retail space on Oahu. 

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  • Business Report: Trends in construction costs

    Business Report: Trends in construction costs

    Thursday, April 19 2018 3:47 PM EDT2018-04-19 19:47:21 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Rider Levett Bucknall tracks construction costs in 14 cities including Honolulu. We’re one of the most expensive places for construction. But at least it’s not getting worse. Take a look. Los Angeles +7%...

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    Rider Levett Bucknall tracks construction costs in 14 cities including Honolulu. We’re one of the most expensive places for construction. But at least it’s not getting worse. Take a look. Los Angeles +7%...

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  • Business Report: How much do we trade with our trade partners?

    Business Report: How much do we trade with our trade partners?

    Wednesday, April 18 2018 3:30 PM EDT2018-04-18 19:30:55 GMT
    Image: Hawaii News NowImage: Hawaii News Now
    Image: Hawaii News NowImage: Hawaii News Now

    The U.S. International Trade Commission provided the numbers. The U.S. is more populous and more prosperous than either Canada or Mexico, so you might think we would buy way more than we sell, but actually, in both cases, we sell almost as much as we buy...

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    The U.S. International Trade Commission provided the numbers. The U.S. is more populous and more prosperous than either Canada or Mexico, so you might think we would buy way more than we sell, but actually, in both cases, we sell almost as much as we buy...

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  • Business Report: A close look at arrivals by air for the first half of this month

    Business Report: A close look at arrivals by air for the first half of this month

    Tuesday, April 17 2018 4:12 PM EDT2018-04-17 20:12:55 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    These figures take us from the beginning of April through last Thursday before the rains came. To Kauai 25,000 (+6,000, or 35%) To Oahu 140,000 (same as last year)...

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    These figures take us from the beginning of April through last Thursday before the rains came. To Kauai 25,000 (+6,000, or 35%) To Oahu 140,000 (same as last year)...

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  • Business Report: What Hawaii executives make

    Business Report: What Hawaii executives make

    Monday, April 16 2018 4:29 PM EDT2018-04-16 20:29:39 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Publicly-traded companies must disclose what they pay their CEOs. Pacific Business News researched total compensation including stock. The top-paid executives are: Hawaiian Electric's Connie Lau, $5.9 million. First Hawaiian's Bob Harrison, $5.8 million. Bank of Hawaii's Peter Ho, $5 million. Matson's...

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    Publicly-traded companies must disclose what they pay their CEOs. Pacific Business News researched total compensation including stock. The top-paid executives are: Hawaiian Electric's Connie Lau, $5.9 million. First Hawaiian's Bob Harrison, $5.8 million. Bank of Hawaii's Peter Ho, $5 million. Matson's...

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  • Illustrated Economics: Executive Earnings

    Illustrated Economics: Executive Earnings

    Monday, April 16 2018 3:06 PM EDT2018-04-16 19:06:56 GMT

    For today's edition of Howard's Illustrated Economics - what Hawaii executives make. 

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    For today's edition of Howard's Illustrated Economics - what Hawaii executives make. 

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  • Howzit Howard: Southwest applies for gate at Lihue Airport

    Howzit Howard: Southwest applies for gate at Lihue Airport

    Friday, April 13 2018 3:50 PM EDT2018-04-13 19:50:46 GMT

    State officials meet today to review Southwest Airlines' request for a gate at Lihue airport.  

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    State officials meet today to review Southwest Airlines' request for a gate at Lihue airport.  

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  • Business Report: What the Fed said at the last meeting

    Business Report: What the Fed said at the last meeting

    Thursday, April 12 2018 3:36 PM EDT2018-04-12 19:36:05 GMT
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    The Fed governors met March 20 and 21 and released minutes of the meeting yesterday. This is what they said: “Uncertainty about the tax cuts or about the implication of higher budget deficits for fiscal sustainability and real interest rates represent sources of downside risk.” What’s that mean? This is...

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    The Fed governors met March 20 and 21 and released minutes of the meeting yesterday. This is what they said: “Uncertainty about the tax cuts or about the implication of higher budget deficits for fiscal sustainability and real interest rates represent sources of downside risk.” What’s that mean? This is...

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  • Business Report: A closer look at workplace drug tests

    Business Report: A closer look at workplace drug tests

    Wednesday, April 11 2018 4:11 PM EDT2018-04-11 20:11:55 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Four times a year, Diagnostic Laboratory Services issues a report on the collective results of workplace drug tests. DLS does thousands of drug tests per quarter, more than anybody else. Many are tests of workers in sensitive drugs; a much larger number of tests are given to job APPLICANTS. I'm reporting...

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    Four times a year, Diagnostic Laboratory Services issues a report on the collective results of workplace drug tests. DLS does thousands of drug tests per quarter, more than anybody else. Many are tests of workers in sensitive drugs; a much larger number of tests are given to job APPLICANTS. I'm reporting...

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  • Business Report: The world's busiest airports

    Business Report: The world's busiest airports

    Tuesday, April 10 2018 3:27 PM EDT2018-04-10 19:27:24 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    This is based on 2017 annual figures. Atlanta Hartsfield: 104 million passengers. Beijing: 96 million. Dubai: 88 million. Tokyo Haneda and LAX: 85 million...

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    This is based on 2017 annual figures. Atlanta Hartsfield: 104 million passengers. Beijing: 96 million. Dubai: 88 million. Tokyo Haneda and LAX: 85 million...

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  • Business Report: An update on Honolulu visitor spending

    Business Report: An update on Honolulu visitor spending

    Monday, April 9 2018 4:35 PM EDT2018-04-09 20:35:58 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    The Tourism Authority updated visitor spending for the first two months of the year. Let's take a look. January + February Visitors 1.5 million (1.4 million) Visitor spending $3.2 million ($3 million -) From Japan: 243,000 -1.4% From Canada: 133,000 +5.7% From South Korea: 59,000 +22.6% From Australia...

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    The Tourism Authority updated visitor spending for the first two months of the year. Let's take a look. January + February Visitors 1.5 million (1.4 million) Visitor spending $3.2 million ($3 million -) From Japan: 243,000 -1.4% From Canada: 133,000 +5.7% From South Korea: 59,000 +22.6% From Australia...

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  • Howard's Business Report: March arrivals

    Howard's Business Report: March arrivals

    Tuesday, March 27 2018 4:40 PM EDT2018-03-27 20:40:04 GMT
    (Image: Hawaii News Now)(Image: Hawaii News Now)
    In this edition of Howard's "Business Report," he checked March arrivals. Arrivals are up about 7 percent this month. Copyright 2018 Hawaii News Now. All rights reserved.More >>
    In this edition of Howard's "Business Report," he checked March arrivals. Arrivals are up about 7 percent this month. Copyright 2018 Hawaii News Now. All rights reserved.More >>
  • Business Report: Inside the Dow

    Business Report: Inside the Dow

    Tuesday, March 20 2018 3:39 PM EDT2018-03-20 19:39:51 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    The wild swings of the Dow have led people to make sweeping inferences. But there are only 30 stocks in the Dow, and each stock has its own story. I have a list of all 30, with how much they fell or rose from the beginning of the year to the close of trading yesterday. Now, the Dow is rebounding a bit this morning...

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    The wild swings of the Dow have led people to make sweeping inferences. But there are only 30 stocks in the Dow, and each stock has its own story. I have a list of all 30, with how much they fell or rose from the beginning of the year to the close of trading yesterday. Now, the Dow is rebounding a bit this morning...

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  • Business Report: Major employers on the Big Island

    Business Report: Major employers on the Big Island

    Monday, March 19 2018 4:32 PM EDT2018-03-19 20:32:20 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    There are employment patterns on all islands, but I thought we could use the Big Island as an example. You'll see that hotels employ lots of people, so do hospitals, supermarkets and governments. 300 – Roberts, Waikoloa Marriott, HELCO 400 – Mauna Lani Resort, N. Hawaii Community Hospital 600...

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    There are employment patterns on all islands, but I thought we could use the Big Island as an example. You'll see that hotels employ lots of people, so do hospitals, supermarkets and governments. 300 – Roberts, Waikoloa Marriott, HELCO 400 – Mauna Lani Resort, N. Hawaii Community Hospital 600...

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  • Business Report: Are businesses experiencing a "reputation bubble"?

    Business Report: Are businesses experiencing a "reputation bubble"?

    Friday, March 16 2018 4:02 PM EDT2018-03-16 20:02:02 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Forbes did a feature on a consulting firm that calls itself the Reputation Institute. It measures corporate reputations, and if yours is bad, you can hire them for advice. The "institute" says we have a crisis of trust, a "reputation bubble" that burst. Which made us wonder, which corporate reputations does...

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    Forbes did a feature on a consulting firm that calls itself the Reputation Institute. It measures corporate reputations, and if yours is bad, you can hire them for advice. The "institute" says we have a crisis of trust, a "reputation bubble" that burst. Which made us wonder, which corporate reputations does...

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  • Business Report: A closer look at toy sales

    Business Report: A closer look at toy sales

    Thursday, March 15 2018 1:18 PM EDT2018-03-15 17:18:17 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    The top toy brands in the world are Pokemon, Star Wars, Nerf and Barbie. Hot Wheels have fallen lower in the top 10. Legos sales have been growing but still don’t come close to Mattel and Hasbro...

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    The top toy brands in the world are Pokemon, Star Wars, Nerf and Barbie. Hot Wheels have fallen lower in the top 10. Legos sales have been growing but still don’t come close to Mattel and Hasbro...

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  • Business Report: The new Council on Revenues forecast

    Wednesday, March 14 2018 3:22 PM EDT2018-03-14 19:22:42 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    The Council on Revenues is a roomful of economic oracles who have polite arguments several times a year about what the island economy is doing. Then they make an official prediction of what will happen to state tax revenues. And the state budget must by law be based on that forecast. If they're right...

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    The Council on Revenues is a roomful of economic oracles who have polite arguments several times a year about what the island economy is doing. Then they make an official prediction of what will happen to state tax revenues. And the state budget must by law be based on that forecast. If they're right...

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  • Business Report: Household Incomes

    Tuesday, March 13 2018 4:24 PM EDT2018-03-13 20:24:52 GMT
    Image: Hawaii News NowImage: Hawaii News Now
    Image: Hawaii News NowImage: Hawaii News Now

    The Federal Reserve Bank of St. Louis has been studying household income for decades. It has interviewed people in tens of thousands of households and followed up years later. Their newest report finds household wealth tends to be higher if the head of household is white...

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    The Federal Reserve Bank of St. Louis has been studying household income for decades. It has interviewed people in tens of thousands of households and followed up years later. Their newest report finds household wealth tends to be higher if the head of household is white...

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  • Business Report: Unemployment by island

    Business Report: Unemployment by island

    Monday, March 12 2018 4:23 PM EDT2018-03-12 20:23:05 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Kauai 2.0 (3.0) Oahu 2.0 (2.7) Molokai 3.6 (3.8) Lanai 3.1 (2.1) Maui 2.0 (3.1) Big Isle 2.3 (3.0) These are unadjusted figures and all three of the 2% results...

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    Kauai 2.0 (3.0) Oahu 2.0 (2.7) Molokai 3.6 (3.8) Lanai 3.1 (2.1) Maui 2.0 (3.1) Big Isle 2.3 (3.0) These are unadjusted figures and all three of the 2% results...

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  • Business Report: 3/9/18

    Business Report: 3/9/18

    Friday, March 9 2018 2:40 PM EST2018-03-09 19:40:21 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Local 5 plans a rally this morning at the Hyatt Centric hotel. It's a non-union property with 65 hourly workers. Yesterday they tried to give the general manager a petition to unionize. They were told to wait 10 or 20 minutes. After an hour and a half they briefly walked out. Today's rally is 7:30 to 8 a.m. Aqua-Aston...

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    Local 5 plans a rally this morning at the Hyatt Centric hotel. It's a non-union property with 65 hourly workers. Yesterday they tried to give the general manager a petition to unionize. They were told to wait 10 or 20 minutes. After an hour and a half they briefly walked out. Today's rally is 7:30 to 8 a.m. Aqua-Aston...

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  • Business Report: Which states will be most affected by steel and aluminum tariffs?

    Business Report: Which states will be most affected by steel and aluminum tariffs?

    Thursday, March 8 2018 2:53 PM EST2018-03-08 19:53:12 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Fifteen states do the most importing of iron and steel and aluminum. This chart, based on research by Germany's Deutschebank, expresses such imports...

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    Fifteen states do the most importing of iron and steel and aluminum. This chart, based on research by Germany's Deutschebank, expresses such imports...

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  • Business Report: Hawaii homes by bedrooms

    Business Report: Hawaii homes by bedrooms

    Wednesday, March 7 2018 4:37 PM EST2018-03-07 21:37:22 GMT

    A mailing from Locations Hawaii breaks down Oahu home sales by bedrooms. Ever wonder how many Oahu residences have three bedrooms or more...

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    A mailing from Locations Hawaii breaks down Oahu home sales by bedrooms. Ever wonder how many Oahu residences have three bedrooms or more...

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  • Business Report: The gender pay gap by state

    Business Report: The gender pay gap by state

    Tuesday, March 6 2018 4:10 PM EST2018-03-06 21:10:09 GMT

    I really think this would be a bigger political issue if we had some sort of economic indicator on this that came out every month.

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    I really think this would be a bigger political issue if we had some sort of economic indicator on this that came out every month.

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  • Business Report: What happens if Trump does steel tariffs

    Business Report: What happens if Trump does steel tariffs

    Monday, March 5 2018 4:06 PM EST2018-03-05 21:06:35 GMT

    Here are two guys who work at U.S. factories.  The guy on the left works in a U.S. steel mill.  

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    Here are two guys who work at U.S. factories.  The guy on the left works in a U.S. steel mill.  

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  • Business Report: March air seats to neighbor islands

    Business Report: March air seats to neighbor islands

    Friday, March 2 2018 3:10 PM EST2018-03-02 20:10:34 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    KAUAI LAX 34,000 SeaTac 16,000 SFO 10,000 Phoenix 8,000  Denver 5,000 Vancouver 5,000 Portland 4,000 BIG ISLAND LAX 33,000 (5,000 to Hilo) SFO 22,000 SeaTac 16,000 Tokyo 10,000 Vancouver 8,000 Phoenix 8,000 Oakland 5,000 MAUI LAX 57,000 SFO 41,000 SeaTac 25,000 Vancouver...

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    KAUAI LAX 34,000 SeaTac 16,000 SFO 10,000 Phoenix 8,000  Denver 5,000 Vancouver 5,000 Portland 4,000 BIG ISLAND LAX 33,000 (5,000 to Hilo) SFO 22,000 SeaTac 16,000 Tokyo 10,000 Vancouver 8,000 Phoenix 8,000 Oakland 5,000 MAUI LAX 57,000 SFO 41,000 SeaTac 25,000 Vancouver...

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  • Business Report: Deep detail on the January tourism report

    Business Report: Deep detail on the January tourism report

    Thursday, March 1 2018 4:14 PM EST2018-03-01 21:14:33 GMT

    Kauai 109,000 visitors, +10%, spending $191 million, +2%. Oahu 461,000 visitors, +3%, spending $662 million, -2%. Molokai 5,200 visitors, -6%, spending $3 million, -53%. Lanai 6,200 visitors, +35%, spending $11 million, +11%. Maui 231,000 visitors, +6%, spending $549 million, +18%. Big Island...

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    Kauai 109,000 visitors, +10%, spending $191 million, +2%. Oahu 461,000 visitors, +3%, spending $662 million, -2%. Molokai 5,200 visitors, -6%, spending $3 million, -53%. Lanai 6,200 visitors, +35%, spending $11 million, +11%. Maui 231,000 visitors, +6%, spending $549 million, +18%. Big Island...

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  • Business Report: Deep detail on the 2017 auto sales report

    Business Report: Deep detail on the 2017 auto sales report

    Wednesday, February 28 2018 3:10 PM EST2018-02-28 20:10:51 GMT

    The majority of vehicles registered in Hawaii are not cars, technically, they are light trucks, which refers to SUVs, pickups and vans. 

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    The majority of vehicles registered in Hawaii are not cars, technically, they are light trucks, which refers to SUVs, pickups and vans. 

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  • Business Report: The best states for retirement

    Business Report: The best states for retirement

    Tuesday, February 27 2018 3:08 PM EST2018-02-27 20:08:12 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    MoneyRates.com ranks the states on five factors – healthy environment – personal security – local economic – weather – and popularity with seniors. 1. Iowa – Best average ranking. No top 10 finishes. Pollen. 2. Hawaii – Best longevity. Highest cost of living. Feral cats. 3. Arizona – Most clear weather...

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    MoneyRates.com ranks the states on five factors – healthy environment – personal security – local economic – weather – and popularity with seniors. 1. Iowa – Best average ranking. No top 10 finishes. Pollen. 2. Hawaii – Best longevity. Highest cost of living. Feral cats. 3. Arizona – Most clear weather...

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  • Business Report: An update on what it takes to get into the top 1%

    Business Report: An update on what it takes to get into the top 1%

    Monday, February 26 2018 3:43 PM EST2018-02-26 20:43:08 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    IRS shows adjusted gross income in current dollars, which means past years are adjusted upward to dial out inflation. As far back as 2006, you could make $100,000 and not even be in the top TEN percent. But $150,000 does get you there. And $200,000 is top 5%. But top 1%, which required as little as...

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    IRS shows adjusted gross income in current dollars, which means past years are adjusted upward to dial out inflation. As far back as 2006, you could make $100,000 and not even be in the top TEN percent. But $150,000 does get you there. And $200,000 is top 5%. But top 1%, which required as little as...

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  • Business Report: The first hotel report of 2018

    Business Report: The first hotel report of 2018

    Friday, February 23 2018 3:17 PM EST2018-02-23 20:17:53 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Kauai 80.5% +0.7% $304 +9%. Oahu 83.1% +0.2% $239 -2.5%. (Waikiki 84%, elsewhere 78%.) Maui 79.5% +1.2% $434 +13.5%. (Wailea 86% ADR $662.) Big Island 80.6% -0.4% $287 +8%...

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    Kauai 80.5% +0.7% $304 +9%. Oahu 83.1% +0.2% $239 -2.5%. (Waikiki 84%, elsewhere 78%.) Maui 79.5% +1.2% $434 +13.5%. (Wailea 86% ADR $662.) Big Island 80.6% -0.4% $287 +8%...

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  • Business Report: Which countries have the best Internet service?

    Business Report: Which countries have the best Internet service?

    Thursday, February 22 2018 4:16 PM EST2018-02-22 21:16:36 GMT

    The research firm Open Signal measured fourth quarter 4G download latency in 88 countries.

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    The research firm Open Signal measured fourth quarter 4G download latency in 88 countries.

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  • Business Report: What drives oil prices

    Wednesday, February 21 2018 3:14 PM EST2018-02-21 20:14:52 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Crude oil this morning, as expressed by West Texas Intermediate, is a little over $61 a barrel. That's more than it was at any point over the last two and a half years, when prices were sometimes below $50. On the other hand, oil cost twice as much for most of 2013 and 2014.Most people think oil prices...

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    Crude oil this morning, as expressed by West Texas Intermediate, is a little over $61 a barrel. That's more than it was at any point over the last two and a half years, when prices were sometimes below $50. On the other hand, oil cost twice as much for most of 2013 and 2014.Most people think oil prices...

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  • Business Report: How currency exchange rates affect visitors

    Business Report: How currency exchange rates affect visitors

    Tuesday, February 20 2018 4:06 PM EST2018-02-20 21:06:04 GMT

    In this Illustrated Economics, Howard dives into how currency exchange rates affect our visitors. 

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    In this Illustrated Economics, Howard dives into how currency exchange rates affect our visitors. 

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  • Business Report: How federal spending breaks down when you count everything

    Monday, February 19 2018 3:42 PM EST2018-02-19 20:42:13 GMT
    Most pie charts show the spending that can be increased or cut at the discretion of Congress. But most federal spending is locked in by law. So what if we put that into the pie chart? Health Care 26% Social Security 24% Defense Spending 15% Non-Defense Spending 15% Interest on the Debt 7% Other Mandatory 13% This makes it easier to understand why deficit hawks are concerned about increases in discretionary spending, and why House Speaker Paul Ryan keeps saying it will become necessa...More >>
    Most pie charts show the spending that can be increased or cut at the discretion of Congress. But most federal spending is locked in by law. So what if we put that into the pie chart? Health Care 26% Social Security 24% Defense Spending 15% Non-Defense Spending 15% Interest on the Debt 7% Other Mandatory 13% This makes it easier to understand why deficit hawks are concerned about increases in discretionary spending, and why House Speaker Paul Ryan keeps saying it will become necessa...More >>
  • Business Report: Top tech companies in the U.S.

    Business Report: Top tech companies in the U.S.

    Friday, February 16 2018 4:41 PM EST2018-02-16 21:41:25 GMT
    (Image: Hawaii News Now)(Image: Hawaii News Now)

    Apple comes in first with the largest stock at an impressive $849 billion.

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    Apple comes in first with the largest stock at an impressive $849 billion.

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  • Business Report: The Trump Budget reveals significant changes in government spending

    Business Report: The Trump Budget reveals significant changes in government spending

    Wednesday, February 14 2018 5:36 PM EST2018-02-14 22:36:29 GMT

    The budget comes with a significant increase in spending on defense.

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    The budget comes with a significant increase in spending on defense.

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  • Business Report: Honolulu International Airport maintains high departure record

    Business Report: Honolulu International Airport maintains high departure record

    Tuesday, February 13 2018 5:40 PM EST2018-02-13 22:40:26 GMT

    HNL had a better departure percentage than several west coast and southwest airlines.

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    HNL had a better departure percentage than several west coast and southwest airlines.

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  • Business Report: Agnes' party, Louis Vuitton pop-up store

    Business Report: Agnes' party, Louis Vuitton pop-up store

    Monday, February 12 2018 4:35 PM EST2018-02-12 21:35:31 GMT

    Agnes' Portuguese Bake Shop is gone, but there's a party in the works – to be held February 28 at Cinnamon's Restaurant. 

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    Agnes' Portuguese Bake Shop is gone, but there's a party in the works – to be held February 28 at Cinnamon's Restaurant. 

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  • Business Report: The new state economic forecast

    Business Report: The new state economic forecast

    Friday, February 9 2018 2:43 PM EST2018-02-09 19:43:51 GMT

    STATE FORECAST Visitor arrivals 2.7% Visitor spending 4.5% Personal income 3.6% (Real: 1.5%) Job growth 1.0% Inflation...

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    STATE FORECAST Visitor arrivals 2.7% Visitor spending 4.5% Personal income 3.6% (Real: 1.5%) Job growth 1.0% Inflation...

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  • Business Report: Each nation's biggest brand, by dollar value

    Thursday, February 8 2018 3:09 PM EST2018-02-08 20:09:22 GMT

    On this chart, countries appear bigger or smaller according to that top brand's value. For example, Japan has a bigger economy than Korea, but Japan's biggest brand, Toyota, is worth only half as much as Korean's biggest brand, Samsung. In many cases the top brand is the state oil or telecoms...

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    On this chart, countries appear bigger or smaller according to that top brand's value. For example, Japan has a bigger economy than Korea, but Japan's biggest brand, Toyota, is worth only half as much as Korean's biggest brand, Samsung. In many cases the top brand is the state oil or telecoms...

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  • Business Report: Putting the Great Stock Dive into perspective

    Business Report: Putting the Great Stock Dive into perspective

    Wednesday, February 7 2018 2:38 PM EST2018-02-07 19:38:05 GMT

    The New York Times, using data from Reuters news service, did a chart that will have a calming effect. It shows how small the Monday stock dive was, compared to dozens of others since 1967. Rather than use the Dow, Reuters used the broader S&P 500 index. In addition to showing why this was not...

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    The New York Times, using data from Reuters news service, did a chart that will have a calming effect. It shows how small the Monday stock dive was, compared to dozens of others since 1967. Rather than use the Dow, Reuters used the broader S&P 500 index. In addition to showing why this was not...

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  • Business Report: Putting the Dow into perspective

    Business Report: Putting the Dow into perspective

    Tuesday, February 6 2018 2:59 PM EST2018-02-06 19:59:36 GMT

    Traders buy and sell for a reason, even if the reason is, to stay ahead of other traders. But in this case there is an actual chain of logic. It may not be right, but this is what they're thinking... that the economy is already growing... and tax cuts could further stimulate it... creating more inflation...

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    Traders buy and sell for a reason, even if the reason is, to stay ahead of other traders. But in this case there is an actual chain of logic. It may not be right, but this is what they're thinking... that the economy is already growing... and tax cuts could further stimulate it... creating more inflation...

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  • Business Report: The explanations for the gender pay gap

    Business Report: The explanations for the gender pay gap

    Monday, February 5 2018 3:29 PM EST2018-02-05 20:29:58 GMT

    Women tended to work in lower paying professions. They took time off for babies. They didn’t put in the hours that men did. I even remember one guy saying women were hired for their looks, so their skills were lacking. But it’s been decades since we collectively realized how big gender pay gaps were...

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    Women tended to work in lower paying professions. They took time off for babies. They didn’t put in the hours that men did. I even remember one guy saying women were hired for their looks, so their skills were lacking. But it’s been decades since we collectively realized how big gender pay gaps were...

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  • Business Report: What happened to the January retail layoffs?

    Business Report: What happened to the January retail layoffs?

    Friday, February 2 2018 2:40 PM EST2018-02-02 19:40:28 GMT

    File this under "no news is good news." Every year we get a January bump in unemployment as stores lay off their Christmas help. This year, it didn't happen. 2018 Jan. 8...

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    File this under "no news is good news." Every year we get a January bump in unemployment as stores lay off their Christmas help. This year, it didn't happen. 2018 Jan. 8...

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  • Business Report: February air capacity

    Business Report: February air capacity

    Thursday, February 1 2018 2:24 PM EST2018-02-01 19:24:11 GMT

    We’ll get almost 3.3 million air seats this month.  Last year we were below 3 million. Here’s an updated look at our major sources.   LAX 648,000 (549,000) +18% SFO 349,000 (282,000) +24% SeaTac 252,000 (237,000) +7% Phoenix 119,000 (113,000) +5% All Japan 479,000 (485,000) -1% All Canada...

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    We’ll get almost 3.3 million air seats this month.  Last year we were below 3 million. Here’s an updated look at our major sources.   LAX 648,000 (549,000) +18% SFO 349,000 (282,000) +24% SeaTac 252,000 (237,000) +7% Phoenix 119,000 (113,000) +5% All Japan 479,000 (485,000) -1% All Canada...

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  • Business Report: The first look at how January arrivals have been

    Business Report: The first look at how January arrivals have been

    Tuesday, January 30 2018 2:38 PM EST2018-01-30 19:38:10 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    January has another day to go, but the last January weekend has been tallied, so I thought I’d take a look at arrivals by air through the end of the weekend. Total arrivals crossed over 800,000 Monday, and at this pace we’ll hit 840,000. January arrivals (extrapolated) Kauai 53,000 +4% Oahu 360,000 +7%...

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    January has another day to go, but the last January weekend has been tallied, so I thought I’d take a look at arrivals by air through the end of the weekend. Total arrivals crossed over 800,000 Monday, and at this pace we’ll hit 840,000. January arrivals (extrapolated) Kauai 53,000 +4% Oahu 360,000 +7%...

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  • Business Report: How many companies are passing their tax savings on to you

    Business Report: How many companies are passing their tax savings on to you

    Monday, January 29 2018 3:22 PM EST2018-01-29 20:22:50 GMT

    Willis Towers Watson surveyed 333 employers with 1,000 employees or more. And here's what they said: 4% - we've increased wages for all employees. 3% - we plan to. 13% - we're thinking about it "this year or next." 80% - not considering it. Four out of five are NOT giving tax break raises...

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    Willis Towers Watson surveyed 333 employers with 1,000 employees or more. And here's what they said: 4% - we've increased wages for all employees. 3% - we plan to. 13% - we're thinking about it "this year or next." 80% - not considering it. Four out of five are NOT giving tax break raises...

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  • Business Report: 1/26/18

    Business Report: 1/26/18

    Friday, January 26 2018 2:42 PM EST2018-01-26 19:42:17 GMT

    Southwest Airlines is walking back its plan to serve Hawaii this year. CEO Gary Kelly says he hopes to at least be taking reservations by the end of the year, but cautions it's not entirely in the airline's control. So the time line just got iffy, but not the intention. The Work Force Job Fair is next Wednesday...

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    Southwest Airlines is walking back its plan to serve Hawaii this year. CEO Gary Kelly says he hopes to at least be taking reservations by the end of the year, but cautions it's not entirely in the airline's control. So the time line just got iffy, but not the intention. The Work Force Job Fair is next Wednesday...

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  • Business Report: How United Airlines scared the stock market

    Business Report: How United Airlines scared the stock market

    Thursday, January 25 2018 3:18 PM EST2018-01-25 20:18:43 GMT

    United stock is down 2 points despite reporting much higher revenues and profits. Southwest Airlines is also down 2 points. American and Delta are down by smaller amounts, and Hawaiian is down fractionally. And why is that? {CARTOON #1} United scared stock traders by announcing plans to aggressive...

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    United stock is down 2 points despite reporting much higher revenues and profits. Southwest Airlines is also down 2 points. American and Delta are down by smaller amounts, and Hawaiian is down fractionally. And why is that? {CARTOON #1} United scared stock traders by announcing plans to aggressive...

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  • Business Report: 1/24/18

    Wednesday, January 24 2018 2:28 PM EST2018-01-24 19:28:54 GMT

    Chef Masaharu Morimoto is getting closer to opening the first of two restaurants at the Alohilani Resort, on the site of the former Pacific Beach Hotel. Morimoto Asia Waikiki is tentatively set to open the day after Valentine’s Day, or about three weeks from now. This photo shows they plan a striking modern...

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    Chef Masaharu Morimoto is getting closer to opening the first of two restaurants at the Alohilani Resort, on the site of the former Pacific Beach Hotel. Morimoto Asia Waikiki is tentatively set to open the day after Valentine’s Day, or about three weeks from now. This photo shows they plan a striking modern...

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  • Business Report: Internet cable networks

    Business Report: Internet cable networks

    Tuesday, January 23 2018 3:44 PM EST2018-01-23 20:44:38 GMT

    It’s time for Howard’s Illustrated Economics.

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    It’s time for Howard’s Illustrated Economics.

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  • Business Report: 3-day telecoms conference

    Business Report: 3-day telecoms conference

    Monday, January 22 2018 4:21 PM EST2018-01-22 21:21:26 GMT

    One of the world's biggest global telecoms conferences is underway this morning at Hilton Hawaiian Village. 

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    One of the world's biggest global telecoms conferences is underway this morning at Hilton Hawaiian Village. 

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  • Business Report: Amazon's short list of potential second headquarters

    Business Report: Amazon's short list of potential second headquarters

    Thursday, January 18 2018 2:57 PM EST2018-01-18 19:57:03 GMT

    When Amazon said it would create a second headquarters, it got 236 bids. Now it has narrowed its list to 20 finalists. In the New York area it is still considering both New York and New York. In the D.C. area it is still considering D.C. and both the Virginia and Maryland suburbs. It's still looking at Boston...

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    When Amazon said it would create a second headquarters, it got 236 bids. Now it has narrowed its list to 20 finalists. In the New York area it is still considering both New York and New York. In the D.C. area it is still considering D.C. and both the Virginia and Maryland suburbs. It's still looking at Boston...

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  • Business Report: The most valuable companies of all time

    Business Report: The most valuable companies of all time

    Wednesday, January 17 2018 3:57 PM EST2018-01-17 20:57:25 GMT

    When you factor in inflation, ancient trading companies were worth way more than modern corporate giants. The Dutch East India Company was established in 1602, granted a 21-year monopoly by the Dutch government for the spice trade in Asia. The company would eventually send over one million...

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    When you factor in inflation, ancient trading companies were worth way more than modern corporate giants. The Dutch East India Company was established in 1602, granted a 21-year monopoly by the Dutch government for the spice trade in Asia. The company would eventually send over one million...

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  • Business Report: A fresh comparison of gas prices with the mainland

    Business Report: A fresh comparison of gas prices with the mainland

    Tuesday, January 16 2018 3:26 PM EST2018-01-16 20:26:50 GMT

    Gas in most states is back below $3 a gallon. But Hawaii is among four states with prices above that. Kahului came in as the highest average price per gallon of gasoline at $3.77.  Juneau, Alaska followed at an average rate of $3.57.  Two other Hawaii areas came in at third and fourth.  Lihue has an...

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    Gas in most states is back below $3 a gallon. But Hawaii is among four states with prices above that. Kahului came in as the highest average price per gallon of gasoline at $3.77.  Juneau, Alaska followed at an average rate of $3.57.  Two other Hawaii areas came in at third and fourth.  Lihue has an...

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  • Business Report: Credit card debt across America

    Monday, January 15 2018 2:44 PM EST2018-01-15 19:44:56 GMT

    The average credit card balance in America is more than $6,300, according to a new report by the Experian credit agency. The average credit score is 675. The state with the highest average credit score is Minnesota, with an average rating of 709. VT, NH, SD, MA, ND, WS, IA, NB all follow respectively...

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    The average credit card balance in America is more than $6,300, according to a new report by the Experian credit agency. The average credit score is 675. The state with the highest average credit score is Minnesota, with an average rating of 709. VT, NH, SD, MA, ND, WS, IA, NB all follow respectively...

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  • Business Report: New jobless claims

    Business Report: New jobless claims

    Friday, January 12 2018 2:25 PM EST2018-01-12 19:25:20 GMT

    As we discuss the difference between being out of work, and working but still struggling, I thought we might look at hard numbers of residents filing claims for unemployment benefits. These figures are from last week, the seven days to last Sunday. The larger number is total claims, including repeat...

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    As we discuss the difference between being out of work, and working but still struggling, I thought we might look at hard numbers of residents filing claims for unemployment benefits. These figures are from last week, the seven days to last Sunday. The larger number is total claims, including repeat...

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  • Business Report: The new state accommodations count

    Thursday, January 11 2018 3:03 PM EST2018-01-11 20:03:56 GMT

    The tourism authority counts more than 80,000 lodging units – 44,000 hotel rooms, 11,000 timeshares, 13,000 vacation rentals, all up from year-ago levels – though they're not sure if they got all the vacation rentals. The count is up...

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    The tourism authority counts more than 80,000 lodging units – 44,000 hotel rooms, 11,000 timeshares, 13,000 vacation rentals, all up from year-ago levels – though they're not sure if they got all the vacation rentals. The count is up...

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  • Business Report: The difference between the poverty line and actual poverty

    Business Report: The difference between the poverty line and actual poverty

    Wednesday, January 10 2018 3:31 PM EST2018-01-10 20:31:26 GMT

    The new Aloha United Way study of household income finds 11% of local households live in poverty. But 37% more, get along only by making tough choices, forgoing car insurance, living somewhere unsafe. Put the two groups together and you’ve got 48% of all households struggling.  Very few stories...

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    The new Aloha United Way study of household income finds 11% of local households live in poverty. But 37% more, get along only by making tough choices, forgoing car insurance, living somewhere unsafe. Put the two groups together and you’ve got 48% of all households struggling.  Very few stories...

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  • Business Report: 1/9/18

    Business Report: 1/9/18

    Tuesday, January 9 2018 4:19 PM EST2018-01-09 21:19:55 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Planet Fitness expands to all 50 states, now that it has opened at Ala Moana Center. Grand opening festivities this morning at nine. Street level, near Saks, Kona Street entrance. The fashion boutique We Are Iconic is open on the ground floor of the Anaha tower, having moved from its former digs on...

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    Planet Fitness expands to all 50 states, now that it has opened at Ala Moana Center. Grand opening festivities this morning at nine. Street level, near Saks, Kona Street entrance. The fashion boutique We Are Iconic is open on the ground floor of the Anaha tower, having moved from its former digs on...

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  • Business Report: Bonuses and the corporate tax cut

    Business Report: Bonuses and the corporate tax cut

    Monday, January 8 2018 3:27 PM EST2018-01-08 20:27:23 GMT

    Lots of companies are giving employees $1,000 bonuses and crediting the corporate tax cut. Five Hawaii banks have done that. Several major airlines are doing it. Baltimore Gas & Electric also plans to pass some savings back to rate-payers. This is pretty cool, though  none of these companies are passing...

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    Lots of companies are giving employees $1,000 bonuses and crediting the corporate tax cut. Five Hawaii banks have done that. Several major airlines are doing it. Baltimore Gas & Electric also plans to pass some savings back to rate-payers. This is pretty cool, though  none of these companies are passing...

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  • Business Report: Oahu's office space

    Business Report: Oahu's office space

    Friday, January 5 2018 2:33 PM EST2018-01-05 19:33:39 GMT

    Colliers reports more Oahu office space came open in 2017, especially downtown where there are  53 office building with a 16% vacancy. In the Kakaako-Kapiolani-King street areas there are 43 office buildings with a 10% vacancy. East Oahu has 15 office buildings and a 3% vacancy. Other areas...

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    Colliers reports more Oahu office space came open in 2017, especially downtown where there are  53 office building with a 16% vacancy. In the Kakaako-Kapiolani-King street areas there are 43 office buildings with a 10% vacancy. East Oahu has 15 office buildings and a 3% vacancy. Other areas...

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  • Business Report: The National Movers study

    Business Report: The National Movers study

    Thursday, January 4 2018 3:39 PM EST2018-01-04 20:39:21 GMT

    United Van Lines for 40 years has tracked interstate migration. The top out migration states are Illinois, New Jersey and New York. For every person moving to New York, two move away. The top IN-migration state was Vermont. A lot of New Yorkers move to Vermont for the lifestyle. South Dakota had...

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    United Van Lines for 40 years has tracked interstate migration. The top out migration states are Illinois, New Jersey and New York. For every person moving to New York, two move away. The top IN-migration state was Vermont. A lot of New Yorkers move to Vermont for the lifestyle. South Dakota had...

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  • Business Report: What UH economists told Hawaii state lawmakers

    Business Report: What UH economists told Hawaii state lawmakers

    Wednesday, January 3 2018 3:45 PM EST2018-01-03 20:45:42 GMT

    Carl Bonham of UHERO, the UH Economic Research Organization, gave the briefing.

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    Carl Bonham of UHERO, the UH Economic Research Organization, gave the briefing.

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  • Business Report: The new minimum wage across America

    Business Report: The new minimum wage across America

    Tuesday, January 2 2018 3:33 PM EST2018-01-02 20:33:32 GMT

    Fewer than 2 million are tipped employees making less than minimum wage, plus tips. There about 700,000 untipped workers making minimum wage. The five states with the most are Idaho, Kentucky, Louisiana, Mississippi and South Carolina. Not one of them has a wage hike kicking in...

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    Fewer than 2 million are tipped employees making less than minimum wage, plus tips. There about 700,000 untipped workers making minimum wage. The five states with the most are Idaho, Kentucky, Louisiana, Mississippi and South Carolina. Not one of them has a wage hike kicking in...

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  • Business Report: A look at visitors to Hawaii in 2017

    Business Report: A look at visitors to Hawaii in 2017

    Friday, December 29 2017 3:52 PM EST2017-12-29 20:52:23 GMT

    It's time for another edition of Howard's Business Report. This time, we're looking at visitors to the islands in 2017.

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    It's time for another edition of Howard's Business Report. This time, we're looking at visitors to the islands in 2017.

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  • Business Report 12/28/17: The world's 500 richest people

    Business Report 12/28/17: The world's 500 richest people

    Thursday, December 28 2017 4:20 PM EST2017-12-28 21:20:31 GMT

    It's time for another edition of Howard's Business Report. This time, "Crisis at a Glance." 

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    It's time for another edition of Howard's Business Report. This time, "Crisis at a Glance." 

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  • Business Report: Unemployment by island

    Business Report: Unemployment by island

    Wednesday, December 27 2017 3:46 PM EST2017-12-27 20:46:32 GMT

    In this morning's Business Report, Howard breaks down unemployment by island. 

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    In this morning's Business Report, Howard breaks down unemployment by island. 

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  • Business Report 12/26/17: Monthly hotel data

    Business Report 12/26/17: Monthly hotel data

    Tuesday, December 26 2017 3:50 PM EST2017-12-26 20:50:41 GMT

    t's time for Howard's Illustrated Economics. This morning, monthly hotel data, shown with Legos. 

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    t's time for Howard's Illustrated Economics. This morning, monthly hotel data, shown with Legos. 

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  • Business Report: U.S. cookie sales

    Friday, December 8 2017 2:42 PM EST2017-12-08 19:42:29 GMT

    I would have guessed that Oreos are America's best-selling cookies, but they aren't. Chips Ahoy now outsells Oreos. Both are Nabisco products. The top bar is private label cookies, which is a combination of products. Chips Ahoy and Oreos each have more than 200 million in unit sales. Little Debbie comes in next...

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    I would have guessed that Oreos are America's best-selling cookies, but they aren't. Chips Ahoy now outsells Oreos. Both are Nabisco products. The top bar is private label cookies, which is a combination of products. Chips Ahoy and Oreos each have more than 200 million in unit sales. Little Debbie comes in next...

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  • Business Report: World chocolate sales

    Business Report: World chocolate sales

    Wednesday, December 6 2017 2:43 PM EST2017-12-06 19:43:54 GMT

    A typical American eats almost 300 chocolate bars a year. Some countries, like Belgium, consume more. More cacao is being cultivated, especially in Africa,  but using methods that Columbus would find familiar. Figure 10 cacao trees to serve one consumer. Total consumption is soaring as China, Indonesia...

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    A typical American eats almost 300 chocolate bars a year. Some countries, like Belgium, consume more. More cacao is being cultivated, especially in Africa,  but using methods that Columbus would find familiar. Figure 10 cacao trees to serve one consumer. Total consumption is soaring as China, Indonesia...

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  • Business Report: 12/5/17

    Business Report: 12/5/17

    Tuesday, December 5 2017 2:52 PM EST2017-12-05 19:52:16 GMT

    Smart Yields co-founder Michael Rogers took the stage at the Vatican last night – sharing the Smart Yields story with hundreds of people from around the world. The Laudato Si conference shares ideas to feed the world. Smart Yields apps measure moisture, control fertigation, and otherwise farm from a...

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    Smart Yields co-founder Michael Rogers took the stage at the Vatican last night – sharing the Smart Yields story with hundreds of people from around the world. The Laudato Si conference shares ideas to feed the world. Smart Yields apps measure moisture, control fertigation, and otherwise farm from a...

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  • Illustrated Economics: Hotel Employment by Island

    Illustrated Economics: Hotel Employment by Island

    Monday, December 4 2017 1:42 PM EST2017-12-04 18:42:24 GMT
    For this edition of Illustrated Economics, Howard explains hotel employment by island. Accommodation Jobs by County in the month of October: Kauai 4,300 (4,200) Oahu 19,000 (18,100) Maui Co. 12,100 (11,600) Big Island 5,900 (6,100) *Excludes restaurants, bars and other food service jobs.   Copyright 2017 Hawaii News Now. All rights reserved.More >>
    For this edition of Illustrated Economics, Howard explains hotel employment by island. Accommodation Jobs by County in the month of October: Kauai 4,300 (4,200) Oahu 19,000 (18,100) Maui Co. 12,100 (11,600) Big Island 5,900 (6,100) *Excludes restaurants, bars and other food service jobs.   Copyright 2017 Hawaii News Now. All rights reserved.More >>
  • Business Report: December air seats

    Business Report: December air seats

    Friday, December 1 2017 4:54 PM EST2017-12-01 21:54:02 GMT

    It’s time for Howard’s Illustrated Economics. 

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    It’s time for Howard’s Illustrated Economics. 

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  • Business Report: The biggest federal tax cuts of recent times

    Thursday, November 30 2017 2:37 PM EST2017-11-30 19:37:14 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    At least a dozen time in the past two months, President Trump has declared that the Republican tax plan has the biggest tax cut in the history of our country, bigger than Reagan. Let's discuss this, while we look at a chronology of major tax cuts enacted in the past 40 years...

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    At least a dozen time in the past two months, President Trump has declared that the Republican tax plan has the biggest tax cut in the history of our country, bigger than Reagan. Let's discuss this, while we look at a chronology of major tax cuts enacted in the past 40 years...

    More >>
  • Business Report: Trickle down economics

    Business Report: Trickle down economics

    Tuesday, November 28 2017 2:55 PM EST2017-11-28 19:55:59 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    In past diatribes on tax changes I've griped about the betrayal of small business. They help big corporations more than the little guy. Today: an issue that bedevils supporters and critics alike: the impossibility of foretelling the future. Trickle-down disciples say it didn't work for Reagan only because of special factors...

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    In past diatribes on tax changes I've griped about the betrayal of small business. They help big corporations more than the little guy. Today: an issue that bedevils supporters and critics alike: the impossibility of foretelling the future. Trickle-down disciples say it didn't work for Reagan only because of special factors...

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  • Business Report: Saudi Arabia goes public

    Business Report: Saudi Arabia goes public

    Tuesday, November 21 2017 3:07 PM EST2017-11-21 20:07:12 GMT
    Image: Hawaii News NowImage: Hawaii News Now

    Saudi Arabia decides to make its privately-held state oil company, Aramco, a publicly-traded company. It will be the largest IPO – initial public offering of stock – ever. President Trump is politely asking the Saudis to list Aramco on the New York Stock Exchange. That has consequences. Politically, Trump...

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    Saudi Arabia decides to make its privately-held state oil company, Aramco, a publicly-traded company. It will be the largest IPO – initial public offering of stock – ever. President Trump is politely asking the Saudis to list Aramco on the New York Stock Exchange. That has consequences. Politically, Trump...

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  • Business Report: 11/20/17

    Business Report: 11/20/17

    Monday, November 20 2017 3:12 PM EST2017-11-20 20:12:15 GMT

    Two thirds of the way through November, arrivals by air are up 7% from last year. International visitors are up despite a small decline from Japan. Mainland arrivals are up 5% to Kauai, 10% to Maui, 15% to the Big Island. That works out to a thousand more to Kauai, 4,000 more to Kona, 7,000 more to Maui...

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    Two thirds of the way through November, arrivals by air are up 7% from last year. International visitors are up despite a small decline from Japan. Mainland arrivals are up 5% to Kauai, 10% to Maui, 15% to the Big Island. That works out to a thousand more to Kauai, 4,000 more to Kona, 7,000 more to Maui...

    More >>
  • 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.

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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? 

    More >>
  • 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. 

    More >>
  • 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.

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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. 

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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%. 

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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...

    More >>
  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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. 

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  • 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...

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  • 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...

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  • 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. 

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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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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. 

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    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. 

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  • 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. 

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

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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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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