Business Report: 3/18/16 - Hawaii News Now - KGMB and KHNL

Business Report: 3/18/16

(Image: Hawaii News Now) (Image: Hawaii News Now)
HONOLULU (HawaiiNewsNow) -

Ocean sports company RedStone, once C4 Waterman, settles a suit but will pursue another. Three years ago a King Food delivery truck broke a fire hydrant, flooding C4 Waterman’s offices, warehouse and showroom. King Food is now settling by paying $750,000 in damages. But its insurance company, the Travelers, never paid anything, forcing the owners to sell their original brand.

Today is the 10th annual Hawaii Agriculture Awareness Day. Lawmakers can meet Farm Bureau President Randy Cabral at the Capitol today, 11 to 1, fourth floor. Dozens of farmers and ranchers will be there, too, with free samples of what they raise.

Outrigger Enterprises slightly renames its Ohana brand. Ohana Hotels & Resorts becomes Ohana by Outrigger. By any other name, Ohana hotels are smaller properties back from the beach with more affordable room rates.

A new scholarship is established at UH West Oahu – for nursing students who want to practice in underserved rural communities – Ohana Health Care donated $10,000 to establish it.

Happening Saturday – the Honolulu Museum of Art has its third Celebrate Micronesia Festival – showcasing tradition music, dance, crafts and fashions. These vary from island to island and the distinctions can be subtle and interesting. The festival is 10-to-4 tomorrow at Linekona Center

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