Business News for Thursday Sept. 17 - Hawaii News Now - KGMB and KHNL

Business News for Thursday Sept. 17

American Airlines has grounded hundreds of flights across America.  The FAA says computer issues are responsible for what it calls widespread ground stops for American Airlines across the U.S. This is an early notification so we expect more details later.

The tsunami surge has been big enough to endanger someone standing on the shore; but it's been smooth sailing for shipping. Matson's Mokihana got here Wednesday - Pasha has no arrivals for a couple days - for them the timing of the tsunami couldn't have been better - Young Brothers has barges due this morning at Kahului and Hilo - YB sometimes sails early to avoid rough seas but no port closures so far. Tsunami energy has little effect on open seas, hence little effect on shipping so long as ports stay open.

In other biz, we're now minutes from a Fed announcement, one way or the other, on interest rates. Once considered a foreground conclusion, it's more of a mystery after some anemic economic indicators.

Oliver McMillan gets to keep those illegally tinted windows in the condo tower at Kapiolani and Ward. HCDA agrees to let it slide for $1 million. The developer will also pay a couple grand for not fixing the violation.

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