Wednesday, January 24, 2001
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Liberty House likely would emerge from bankruptcy with new owners, but the Mainland investment firms that would hold about 80 percent of the retailer are not expected to be long-term shepherds of the state's largest retailer.

Advertiser library photo • Sept. 19, 2000

Hawai'i Tech

Liberty House may go to 'vulture funds'
The two private Mainland investment firms that would be the new majority owners of Liberty House under a pending reorganization plan have extensive histories of acquiring distressed companies out of bankruptcy.

Bill would extend tax breaks
For the third consecutive year, Gov. Ben Cayetano has prepared a package of tax incentives that could save high-tech companies, investors and employees millions of dollars.

Get the right parts and a little advice

Installing computer networks was once comparable to surgery — it was something best left to the professionals, and you would never try it at home.
Four different methods for users to choose

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Philippines venture a loser for HEI
HEI, owner of the state's largest power company and savings bank, lost $24.4 million in the fourth quarter 2000 as gains were offset by a write-off of its investment in a Philippines power company.
AOL Time Warner eliminates 2,000 jobs
Newly merged AOL Time Warner moved with startling swiftness yesterday to improve its financial outlook. The media and Internet giant laid off more than 2,000 employees.
Lack of progress cited in United, union talks
Efforts to end the contract dispute between United Airlines and its mechanics suffered a setback yesterday when a mediator called off plans for a resumption of face-to-face talks between the deadlocked sides.
Business briefs
Bank's parent earnings jump; Isle vehicle sales hit 10-year high
Page Posted On: Wednesday, January 24, 2001
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