Hawaii PEOs carry fight over restrictions to state labor officials
Sat, 26 May 2012 00:55:40 +0000

Hawaii professional employer organizations plan to carry their fight against a recently-passed bill that would impose tighter restrictions and higher fees on their industry to the state Department of Labor and Industrial Relations next week. Hawaii Human Resources Inc., Talent HR Solutions, JS Services Inc., OneSource Inc., Human Resource Administration of Hawaii, and Hawaii Workplace on the Big Island have expressed opposition to Senate Bill 2424, which they describe as anti-competitive and meant...

PayPal signs online payment deals with 15 retailers
Sat, 26 May 2012 00:51:15 +0000

PayPal Inc. says 15 retailers, including Abercrombie & Fitch, Office Depot and Jamba Juice, are adding its online payment system in their stores. PayPal, which is owned by eBay Inc. (Nasdaq: EBAY), already is in place in about 2,000 Home Depot (NYSE: HD) locations nationwide. This week, the company announced that its payment system also will be available at Abercrombie & Fitch (NYSE: ANF), Advance Auto Parts (NYSE: AAP), Aéropostale (NYSE: ARO), American Eagle Outfitters (NYSE: AEO), Barnes &...

RMT starts work on First Wind’s Kawailoa Wind farm on Oahu
Sat, 26 May 2012 00:33:54 +0000

RMT Inc. said Friday that it has begun work at First Wind’s Kawailoa Wind farm near Haleiwa on Oahu’s North Shore. The Wisconsin-based contractor is providing the engineering, procurement and construction of the civil and electrical infrastructure for the 69-megawatt wind farm, including the installation of 30 Siemens 2.3-megawatt wind turbines. When completed, the Kawailoa Wind farm, which is being built on land owned by Kamehameha Schools, will be the largest wind energy project in Hawaii. The...

Center for Architecture to open in downtown Honolulu
Sat, 26 May 2012 00:03:46 +0000

The Honolulu chapter of the American Institute of Architects plans to open a facility aimed at engaging architects, building industries and the general public in conversations about design. The Center for Architecture will be located in the 1,844-square-foot former Rainbowtique space on the ground floor of the Oceanit Building on Fort Street Mall in downtown Honolulu. It also will serve as the headquarters for AIA Honolulu, whose office is currently on the fourth floor of the Stangenwald Building...

Tesoro Hawaii wins $296M military contract
Fri, 25 May 2012 23:40:11 +0000

Tesoro Hawaii Corp. has been awarded an indefinite delivery/indefinite quantity military contract worth a maximum of $296.6 million to supply fuel from its Kapolei refinery. The company’s bid was chosen from among 10 responses to an online solicitation by the Defense Logistics Agency Energy at Fort Belvoir, Va., the Department of Defense said. The work is to be completed by Jan. 30, 2013. A Tesoro Hawaii spokesman declined to comment on the contract.

Why the Facebook IPO is good for your social-media prospects
Fri, 25 May 2012 23:09:36 +0000

Though the Facebook IPO was a controversial disappointment to many, it can still have an incredible impact on the future of social media. Obviously, Facebook and investors both stand to profit from the company going public (if the stock finds its footing). They’re not the only ones, however. This historic IPO could also mean great things for a small business’ social media strategy. Better ads – and more of them Though not its sole source of revenue, advertising has long been responsible...

Maui Land & Pineapple stock gains 12%, Hoku stock falls 18%
Fri, 25 May 2012 22:49:13 +0000

Maui Land & Pineapple’s stock gained 12 percent but Hoku Corp. continued its downward slide, losing 18 percent, as Hawaii stocks closed mixed on a down day for Wall Street. The Dow Jones Industrial Average lost 74.92 points, or 0.60 percent, to close at 12,454.83, while the Nasdaq lost 1.85 points, or 0.07 percent, to close at 2,837.53. Gainers: Central Pacific Financial Corp. (NYSE: CPF) closed at $12.92, up 4 cents, or 0.31 percent; Hawaiian Electric Industries Inc. (NYSE: HE) closed at $27.20,...

Hayworth out as Gibraltar bank CEO, Henriques takes over
Fri, 25 May 2012 22:29:47 +0000

Gibraltar Private Bank & Trust Chairman and CEO Steven D. Hayworth has left the bank amid controversy over the bank’s past dealings with jailed Ponzi schemer Scott Rothstein. Adolfo Henriques, the bank’s vice chairman, president and COO, confirmed that Hayworth is no longer with the bank, although he declined to say why. Gibraltar’s board appointed Henriques as the bank’s chairman and CEO. He will continue serving as president and COO as well. "I’ve been here for 15 months and really...

Baptist to proceed with emergency hospital in Schertz
Fri, 25 May 2012 22:24:25 +0000

Baptist Health System is set to begin construction on a new emergency hospital in the suburban San Antonio. Baptist and Houston-based Emerus Hospital Partners LLC will build the new 40,000-square-foot facility at Interstate 35 North and Schertz Parkway. Construction is valued at over $10 million. The Baptist Emergency Hospital, which should be completed early next year, will be staffed with board-certified emergency medicine physicians, registered nurses and radiation technologists. Baptist Health...

AMC Entertainment’s annual losses shrink by a third
Fri, 25 May 2012 22:19:43 +0000

AMC Entertainment Inc. cut its annual losses by a third as the nation’s second-largest theater chain enjoyed a boost in attendance and revenue. In a securities filing Friday, the Kansas City-based company said it lost $82 million during the year ending March 29, compared with a loss of $123 million in the previous year. Annual revenue increased 8 percent to $2.6 billion. In the filing, the company said ticket revenue rose 6 percent, driven by a 2.8 percent increase in attendance and 1.8 percent...