HONOLULU (HawaiiNewsNow) - Total jobless claims fell by 2,000 last week, to fewer than 18,000. First time claims fell by more than 500, thought still over 2,000. New claims did rise a little on Kauai and Molokai, while total claims fell in every office. Sometimes a broad decline simply means a paperwork backlog. But this makes nine weeks of claims below 20,000.
Hotel occupancy for the seven days to last Sunday still quite low on the left and right sides of the map...Kauai only 58 percent full, Big Island only 55 percent. Better in the middle...Maui 74 percent, Oahu 78 percent, which was actually better than Los Angeles, San Diego or Orlando.
Remember when the St. Francis sisters sold their hospitals and the buyers stopped making payments and took the hospitals into bankruptcy? The new owners' reorganization plan repays other creditors in full but asks the court to determine what it calls "the real value" of the hospitals.
Hawaiian Electric has put out a formal request for proposals to supply biofuel made in Hawaii that can be burned in electric power plants. The company says this is to test the market for suppliers.
Military business -- Lockheed wins more than 20 million in new work on engineering services at the Marine Corps Base in Okinawa. And Kiewit Building Group has won a 44-million-dollar barracks building contract at Wheeler.
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