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Before Bush's no-strike order, Northwest mechanics had threatened to walk off the job at 12:01 a.m. EST Monday when a 30-day cooling-off period was to expire. See story.
Associated Press |
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State OKs ocean aquaculture lease off 'Ewa Beach
The Department of Land and Natural Resources yesterday agreed to lease a 28-acre patch of ocean for the commercial production of fish in offshore sea cages.
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Bush blocks Northwest Airlines strike
President Bush yesterday blocked any mechanics strike against Northwest Airlines for at least 60 days, citing the need to protect the economy and citizens from travel disruptions. |
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Pacific Century sets pay incentive for CEO
Pacific Century Financial Corp., the parent company of Bank of Hawaii, will pay new Chief Executive Mike ONeill $1.5 million not including options for 2.2 million shares to turn around the company's financial performance. |
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Dow ends down 214; Nadaq drops 116
Stocks fell sharply yesterday as investors, unnerved by an unexpected revenue warning from Intel, gave up hope that the economy and earnings would soon improve. |
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Music industry to send song lists to Napster
The recording industry said will send a list of 135,000 copyright songs to Napster Inc., essentially giving the file-swapping company until Wednesday to block their free exchange. |
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Report: SEC investigating Amazon.com chief
The Securities and Exchange Commission is investigating stock sales by Amazon.com chief executive Jeff Bezos just before a negative report on the company was released, a newspaper reported. |
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Business briefs
Pledges gathered to host Asia bank meeting; Pathways Group to close facility. |
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