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The Kodak Building on Kapi‘olani Boulevard was Hawai‘i’s Eastman Kodak headquarters. The property almost became a luxury condominium in the mid-1990s, but a downturn in the high-end residential market ended those plans. See story
Cory Lum • The Honolulu Advertiser |
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Maui Hyatt sold for $200 million
New York-based private investment bank The Blackstone Group has contracted to buy the Hyatt Regency Maui Resort for an estimated $200 million from KM Hawaii Inc., an affiliate of Japan-based transportation company Kokusai Jidosha.
Kodak complex changes hands
The furniture store owner who bought the former Flamingo Chuckwagon restaurant property on Kapi‘olani Boulevard is buying the neighboring site of the Kodak Building complex to expand a planned $25 million interior design center.
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New chairman aims to revitalize Pacific Century
Two months into his chairmanship of Bank of Hawai'i parent Pacific Century Financial Corp., Michael O'Neill said he has lots to learn about the state's biggest bank and the financial struggles that led to his predecessor’s departure. |
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More big companies laying off thousands
J.C. Penney Co. Inc. said yesterday it will cut 5,300 jobs, or about 2 percent of its work force, and close 47 stores as part of an effort to boost profits at the long-struggling retailer. |
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Super Bowl Predictor on a losing streak
The Super Bowl Predictor says that when a team from the original National Football League wins the Super Bowl, stocks will rise. |
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Movie theater industry's downsizing accelerates
Downsizing in the troubled movie theater industry accelerated this week with two announcements that 975 more movie screens will go dark. |
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Business Briefs
World gymnasts coming to O'ahu
Honolulu has won rights to be the host city for a nationally televised gymnastics competition March 30-31 involving the national teams of China, Romania, Japan and the United States. |
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