Saturday, February 3, 2001
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Even though the Ritz-Carlton Kapalua has a new owner, Marriott International Inc. will continue to manage it. The hotel company sold the hotel to its affiliate, Capital Management L.L.C., after purchasing the property in September.

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Maui Ritz-Carlton sold for $144 million
Marriott International Inc. has sold the Ritz-Carlton Kapalua on Maui to an affiliated company for $144 million, less than four months after buying the hotel for the same price.

U.S. unemployment rate hits 4.2 percent
The nation's unemployment rate jumped to 4.2 percent in January, the highest level in 16 months, as the sharp economic slowdown resulted in a loss of 65,000 manufacturing jobs.

Business Outlook 2001
The seeds are planted, but the future is uncertain. How will Hawai'i's economy fare in 2001?

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ATA ends ticketing rules for low fares
Indianapolis-based American Trans Air is abolishing advance purchase requirements and minimum stays in hopes of making its fares more appealing to travelers.
Thieves hitting famed Tsukiji fish market
Gourmet thieves have made off with more than $52,000 worth of prime seafood in 37 hauls over the past three months from Tokyo's famed Tsukiji fish market.
Free subscribers to waive more control
Juno Online Services Inc. may require subscribers of its free Internet service to give up more control over their computers, prompting complaints about privacy and security risks.
GE dismisses layoffs report
General Electric Co. dismissed as false and mere guesswork a BusinessWeek magazine report that it plans 75,000 job cuts over the next two years.
Page Posted On: Saturday, February 3, 2001
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