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The Honolulu Advertiser
Posted on: Monday, July 2, 2007

BUSINESS BRIEFS
Apple: iPhone launch a success

Advertiser Staff and News Services

Apple declared opening- weekend iPhone sales a success, despite activation problems reported by some consumers who bought the first wave of devices. Snags were confirmed by Apple and partner AT&T.

It didn't take long for sales to hit eBay. As of 10:45 a.m. Hawai'i time yesterday, more than 2,600 iPhones sold for an average price of $775.03. The highest selling price: $12,500.


WYNN DEFENDS TIP-SHARING PLAN

LAS VEGAS — Casino mogul Steve Wynn said he would not change a tip-sharing policy that took money from dealers and split it with their supervisors, adding that dealers who dislike the plan can quit, a newspaper reported yesterday.

His comments to the Las Vegas Sun came after dealers at the Wynn Las Vegas casino-hotel voted 444-149 in May to form a union, driven by anger over a policy that reduced their incomes while boosting that of their bosses.


UNION, SHIPPING FIRMS TALKS GO ON

LOS ANGELES — Contract talks between a seaport union and 17 of the world's largest shipping companies continued yesterday, with one labor leader saying progress had been made toward an agreement. The 930 members of the Office Clerical Unit, Local 63, of the International Longshore and Warehouse Union work out of the ports of Los Angeles and Long Beach — the nation's busiest for cargo containers.


CARLYLE EYES VIRGIN MEDIA

NEW YORK — The Carlyle Group private equity firm is in discussions with Virgin Media Inc. over a potential bid for the British cable TV company, The New York Times reported yesterday.

The offer for Virgin Media would be worth about $19.6 billion, including debt.