HONOLULU (HawaiiNewsNow) - A&B made $17 million on revenue of $345 million. Improving business on the China express drove Matson profits to $10 million for the quarter, offsetting a three percent decline in Hawaii container shipping. The real estate divisions did well on the sale of Mililani Shopping Center. And the sugar plantation on Maui reduced its losses to about $1 million.
The USDA Hawaii Field Office says 67 percent of the state is under drought. Conditions have worsened in recent days on Molokai and Maui. Crop damage from vog has spread. This week marks the beginning of a mandatory 20 percent use reduction for Oahu's Waimanalo irrigation system.
U.S. Bankruptcy Court reports almost 400 bankruptcy filings across Hawaii last month, almost a third more than the month before. Maui County, had 70 filings, a disproportionate number compared to the other counties.
Interesting new business - Jean Wall and Joan Robinson-Whitaker offer commercial space redesign advice using a client's existing furniture. They call their company "Designer for a Day."
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