Howard Dicus

HONOLULU (HawaiiNewsNow) - With the passage of a Tuesday deadline, the U.S. Department of Justice has quietly stepped aside to permit the sale of Hawaiian Airlines to Alaska Airlines. No fourth deadline extension was sought, and no DOJ statement was made as 12:01 a.m. EDT came and went without any objection filed to the merger.

HONOLULU (HawaiiNewsNow) - Hawaiian Electric’s stock continued to plunge on Tuesday on news of lawsuits by people second-guessing the decisions it made during devastating wildfires on Maui. Hawaiian Electric shares lost a third of their value in a single day — falling almost to $20 a share — as word spread that personal injury lawyers were gunning for the company.

HONOLULU (HawaiiNewsNow) - A fresh bank crisis far away from Hawaii triggered a global stock selloff, but this crisis was settled in hours and markets closed lower to more moderate degrees. Bank of Hawaii stock fell another 6% and First Hawaiian fell 1%, but Central Pacific Financial rose 1%. Traders figured out that Hawaii banks were well cushioned, diversified, and disinclined to mess around with crypto.