Howzit Howard: Bank of America - Hawaii News Now - KGMB and KHNL

Howzit Howard: Bank of America

HONOLULU (HawaiiNewsNow) - Bank of America, which bought Countrywide Financial, has thousands of mortgages in Hawaii. The bank says it has completed its review of foreclosure procedures in 23 states including Hawaii. The paperwork should resume Monday. Bank of America this morning reported it lost billions in the third quarter.

The management of the Honolulu Symphony has responded to the symphony musicians withdrawing their unfair labor practice complaint. The executive director says she will reach out to the musicians this week to begin new discussions.

President Obama has signed Senator Akaka's plain English bill into law. The bill requires that federal documents be written in plain English to reduce confusion.

There is tension between Japan and China over who owns some uninhabited islands in the east China sea. And it's hurting airline traffic. Japan Airlines and all-Nippon Airways report more than 11,000 trip cancellations in less than a month.

The Hawaii Air Cargo Association has its annual meeting Tuesday at the Pagoda. I'll be one of the speakers so I'll see you there. And I believe Tuesday is also the day Pagoda employees meet with the new incoming owner Peter Savio.

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