Dave Segal
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Past articles by Dave:
Soaring fuel costs boost HEI’s revenue over $1B
Hawaiian Electric Industries Inc. topped $1 billion in revenue for the second straight quarter as customers paid higher bills for soaring fuel costs and subsidiary American Savings Bank achieved its best loan growth in more than a decade. → Read More
State bankruptcies ended 2022 at 17-year low
Hawaii bankruptcies ticked up in December but still finished 2022 at their lowest level in 17 years. → Read More
Hawaii state pension fund starts fiscal year with small loss
It was another turbulent quarter for financial markets, but the state’s largest public pension fund weathered the wild ride with minimal damage. → Read More
Japanese group buys Queen Kapi‘olani Hotel
The 315-room Queen Kapi‘olani Hotel in Waikiki has been acquired by Financial Products Group Co., a financial services group in Japan that is publicly traded on the Tokyo Stock Exchange. → Read More
Hawaii bankruptcy cases closing in on 17-year low
Hawaii bankruptcies are on pace to finish at their lowest level in 17 years. → Read More
Driver extricated from rollover crash in Ewa Beach
A single occupant was extricated early Saturday morning from a vehicle crash in Ewa Beach. → Read More
Utility, bank power HEI’s quarterly revenue over $1B
Hawaiian Electric Industries Inc. topped $1 billion in quarterly revenue for the first time due to a steady performance from its electric utility operations and strong loan growth from subsidiary American Savings Bank. → Read More
Hawaii bankruptcies rise as streak of falling cases ends
High inflation and rising interest rates could be putting the squeeze now on Hawaii consumers’ finances. → Read More
Oahu home sales cool amid price reductions
Oahu’s housing market continued its yearlong slowdown in August as sales declined by about a quarter for the second straight month, bidding wars subsided and the median price for condominiums dipped 0.3% to fall below $500,000 for the first time in six months. → Read More
Land sales drive up Maui Land & Pineapple earnings
Maui Land &Pineapple Co.’s net income jumped fivefold in the second quarter after it completed two land sales that brought in $11.6 million. → Read More
Cyanotech Corp. loses $472,000 in quarter as sales tumble
Hawaii island microalgae products producer Cyanotech Corp. reported Wednesday that it swung to a $472,000 loss in its fiscal first quarter as sales plunged 25.1%. → Read More
Bank of Hawaii’s 2nd quarter earnings top expectations but mortgage banking income falls
Bank of Hawaii Corp. topped analysts’ second-quarter earnings expectations and achieved record deposits, but net income still fell 15.8% because the company said today it released $13.6 million less from its loan-loss reserve than it did in the year-ago quarter. → Read More
Tech View: Protecting intellectual property online starts with warning
Many of you reading this column are creators — writers, poets, photographers, painters, illustrators and the like. As a travel writer, I’m part of this cohort. When I recently discovered my intellectual property or “IP”— text and photos from my website Fijiguide.com, on another website, I was not pleased. → Read More
Hawaii electric-vehicle sales charged ahead in first quarter
Hawaii made significant progress in the first quarter to distance itself from fossil fuels as the state reached double digits in electric vehicle registrations. → Read More
Oil, natural gas power Barnwell’s earnings
High commodities prices fueled a big increase in Barnwell Industries Inc.’s earnings last quarter. → Read More
Hawaiian Electric Industries increases earnings 8%, raises dividend
Hawaiian Electric Industries Inc. boosted its earnings 8% in the fourth quarter and 24.4% for the year as now-retired President and CEO Connie Lau capped off her 37-year career with the HEI family of companies. → Read More
Hawaii’s neighbor island housing markets mixed in January
Hawaii’s neighbor island housing markets reported mixed numbers in January after setting median sale price records in 2021 for single-family homes and condominiums. → Read More
Bankruptcies fall again in Hawaii as downward trend continues
No pain, no bankruptcy. → Read More
‘Alarming’ Honolulu inflation hit 6.0% in January
Already one of the most expensive places to live in the country, Hawaii became even costlier during the past 12 months with energy and food fueling a 6% increase in Honolulu area consumer prices. → Read More
Big gain reduces state pension fund’s shortfall
The massive shortfall in the state Employees’ Retirement System pension fund significantly dropped last fiscal year thanks to the best investment performance in the portfolio’s 96-year-history. → Read More