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  • LIHUE, Hawaii— The owner of one of two small planes that crashed-landed in the Pacific Ocean off Hawaii over the weekend is crediting a novice pilot with staying calm and ensuring the survival of all four people onboard, including a baby. The pilot of the single-engine Cessna flying from Kauai to Oahu declared an emergency Sunday evening, saying the aircraft was...

  • Territorial Bancorp posts 4Q profit Monday, 26 Jan 2015 | 5:34 PM ET

    HONOLULU _ Territorial Bancorp Inc. on Monday reported fourth-quarter earnings of $3.5 million. Territorial Bancorp shares have increased almost 1 percent since the beginning of the year. Keywords: Territorial Bancorp, Earnings Report.

  • Bank of Hawaii tops Street 4Q forecasts Monday, 26 Jan 2015 | 4:24 PM ET

    HONOLULU _ Bank of Hawaii Corp. on Monday reported fourth-quarter net income of $41.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share. Bank of Hawaii shares have declined roughly 3 percent since the beginning of the year.

  • HILO, Hawaii— Uncertainty over a lava flow in a mostly agricultural region of Hawaii's Big Island has prompted officials to put a hold on a program that allows a county agency to buy homes near a geothermal power plant. Hawaii County's planning department has placed the moratorium on new purchases and auctions of purchased homes in the lower Puna area, the Hawaii...

  • One of the planes, a single-engine aircraft carrying only a pilot, crash-landed about 250 miles off Maui. The other plane was carrying four people and went down several miles off Oahu. Dramatic Coast Guard video shows the plane carrying just the pilot— a Cirrus SR22 traveling from California to Maui— as it releases its parachute.

  • Medicaid, firing squads on agenda for Utah Legislature Saturday, 24 Jan 2015 | 11:01 AM ET

    Utah leaders are grappling with how they'll help thousands of poor Utah residents get health coverage under Medicaid, in what's expected to be one of the most hotly debated issues of the session. In Utah, that's about 90,000 people. Rather than having more people on Medicaid, Utah Gov.

  • $2 gasoline: Good times keep rolling at the pump Friday, 23 Jan 2015 | 1:30 PM ET

    But for the first time since 2009, most Americans are paying less than $2 a gallon. "It's crazy," says Michael Noel, an economics professor at Texas Tech University who studies oil and gasoline prices. U.S. crude oil traded Friday just below $46 a barrel and the average price for a gallon of gas was $2.04.

  • WASHINGTON— Union membership in the United States is down slightly, accounting for just over 11 percent of the workforce last year, the Labor Department reported Friday. The department's Bureau of Labor Statistics said public-sector workers have the highest union membership rate at nearly 36 percent. AFL-CIO President Richard Trumka cited "major...

  • First major retailer to reopen after Hawaii lava scare Thursday, 22 Jan 2015 | 3:18 PM ET

    Longs Drugs will reopen in Pahoa as early as Monday after the branch of lava heading toward it stalled, Vinia Rosa, manager of the chain's downtown Hilo store, told the Hawaii Tribune-Herald. Longs closed Dec. 20 as molten rock neared two Pahoa shopping centers. "We took the precaution, like Malama, because it was coming right toward us," said Rosa, who managed the Pahoa...

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • SEATTLE, Jan 21- Washington state could become the only U.S. state to raise its legal age for smoking tobacco to 21 from 18 under a measure proposed on Wednesday by its top law enforcement official. Cigarette smoking is the leading cause of preventable death in the United States, accounting for more than 480,000 deaths annually, or one of every five deaths overall,...

  • HONOLULU— Hawaii's doctor shortage is getting worse, and it's getting especially difficult to find a physician on its neighboring islands. The center is trying to find ways to deal with the issues that make practicing medicine in Hawaii difficult, including government regulations and the state's high cost of living. The shortage is up nearly 20 percent from...

  • A look at 2014 US home foreclosure data Thursday, 15 Jan 2015 | 3:24 PM ET

    —As of Dec. 31, banks held some 421,164 unsold homes, down 17 percent from the year before. —As of Dec. 31, 642,927 homes were in some stage of the foreclosure process. —In the 12 months ended Sept. 30, nearly 1.5 million homes returned to positive equity, which means the home is valued at more than what the owner owes on the mortgage.

  • United Airlines says it will 'insource' airport jobs too Wednesday, 14 Jan 2015 | 5:09 PM ET

    CHICAGO— United Airlines, which is considering outsourcing up to 2,000 airport jobs, now says that after talking with union leaders it will bring back other jobs that had been turned over to contractors. Roitman said the airline industry "had a relatively good year in 2014," and United had its best results since the 2010 merger with Continental Airlines.

  • HONOLULU— Hawaiian Host, maker of chocolate-covered macadamia nuts, said it's buying macadamia nut processor Mauna Loa from The Hershey Co.. Hawaiian Host says it will keep Mauna Loa a subsidiary and separate brand, The Honolulu Star-Advertiser reported Wednesday. The deal announced Tuesday brings Mauna Loa Macadamia Nut Corp. under the control of Hawaii-...

  • President Barack Obama on Tuesday nominated former Bank of Hawaii chief executive Allan Landon to join the U.S. Lawmakers had been urging the White House to appoint someone with community bank experience to the board. If confirmed by the U.S. Senate, Landon would have a permanent vote on monetary policy and help implement the 2010 Dodd-Frank financial...

  • WASHINGTON, Jan 2- The White House will soon announce a nominee to the Federal Reserve Board, a person familiar with the matter said on Friday, in a move that would begin the process of filling one of the Fed's two empty seats in Washington. The person said the White House will announce a nominee next week or the following week, adding that the nominee will likely have a...

  • BEIJING/ WASHINGTON, Dec 22- China said on Monday it opposed all forms of cyberattacks but there was no proof that North Korea was responsible for the hacking of Sony Pictures, as the United States has said. North Korea has denied it was to blame and has vowed to hit back against any U.S. retaliation, threatening the White House and the Pentagon. But the United States...

  • SEOUL, Dec 22- Computer systems at South Korea's nuclear plant operator have been hacked, the company said on Monday, sharply raising concerns about safeguards around nuclear facilities in a country that remains technically at war with North Korea. But the hacking was reported as the United States accused North Korea of a devastating cyberattack on Sony...

  • SEOUL, Dec 22- Computer systems at South Korea's nuclear plant operator have been hacked, but only non-critical data has been lost and there is no risk to the safety of nuclear installations including the country's 23 atomic reactors, the company and the government said on Monday. The attacks come amid concerns that North Korea may mount cyberattacks against...