Business Report: The Tribune-Herald - Hawaii News Now - KGMB and KHNL

Business Report: The Tribune-Herald

HONOLULU (HawaiiNewsNow) - How long has it been since you had your last raise? The Hawaii newspaper guild says employees of the Tribune-Herald of Hilo haven't had raises since 2002.

Average wages statewide rose 26 percent over those years. This comes up because the guild is trying to inform Big Island readers about it. The Tribune-Herald is owned by a Las Vegas investment bank, which in turn is owned by Arkansas billionaire Warren Stephens.

Contract talks have been going on for years and company offers have actually gotten smaller. In recent months the newspaper has offered flat wages and canceled the last contract. That means the paper could lock out the employees or the employees could strike, but neither side has done that.

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