Latest news with #Honolulu-based
Yahoo
10-05-2025
- Business
- Yahoo
Hawaii reaches landmark settlement with big pharma
HONOLULU (KHON2) — Gov. Josh Green and Attorney General Anne Lopez are expected to unveil what they're calling a 'historic settlement' with several global pharmaceutical companies during a press conference Friday afternoon at the State Capitol. Download the free KHON2 app for iOS or Android to stay informed on the latest news Special Deputy Attorney General Rick Fried, a partner at Honolulu-based law firm Cronin, Fried, Sekiya, Kekina & Fairbanks, is also slated to details of the settlement remain under wraps until the official announcement, officials said the agreement marks a major milestone in Hawaii's legal fight against major pharmaceutical corporations. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Business Journals
07-05-2025
- Business
- Business Journals
MUSE HONOLULU: A Visionary Landmark in the Ala Moana Neighborhood
A groundbreaking addition to Honolulu's skyline is on the horizon. Muse Honolulu is a highly anticipated luxury condominium by developer JL Capital, in partnership with the world-renowned architectural firm Bohlin Cywinski Jackson and respected Honolulu-based firm Benjamin Woo Architects. Embracing Ala Moana's stunning ocean, mountain, and city views, Muse pays homage to the unique contrast of Honolulu as an urban metropolis nestled within Hawaii's tropical paradise. UNIQUE LIVING SPACES With a curated selection of over 50 studio, one-, two-, and three-bedroom floor plans across 315 residences, Muse presents a home for every lifestyle: 10 Grand Penthouse and Penthouse Residences: Positioned at the tower's uppermost levels and offering its most breathtaking views, these residences boast larger floor plans, luxurious ceiling heights, and a truly expansive feel. 227 Tower Residences: These stylish and spacious homes embody timeless elegance, with impressive ceiling heights and sweeping views of the stunning Pacific Ocean, Ko'olau Mountains, and inspired city skyline. 72 Urban Lofts: Expansive 10-foot-plus ceiling heights and exposed concrete are the hallmarks of these sophisticated, modern residences. 6 Two-Story Townhomes: Featuring soaring double-height ceilings in the living areas, these exclusive townhomes are ideally positioned on the amenity deck level for the best in indoor-outdoor entertaining. WORLD-CLASS AMENITIES Three distinct levels of curated spaces provide unparalleled experiences for relaxation, wellness, and entertainment: Rooftop Sky Lounge: Located on Muse's pinnacle floor, this exclusive retreat for residents and their guests features breathtaking Pacific Ocean and Diamond Head views. Wellness Amenities (Level 8): Our wellness spaces serve as a tranquil retreat, featuring amenities designed for relaxation and rejuvenation. Highlights include the Muse Wellness Spa, his-and-hers saunas and steam rooms, and multi-level fitness rooms. Recreation Deck (Level 7): This amenity level is a vibrant, inclusive space where residents and guests can connect and unwind. Featured amenities include a luxurious pool, hot tub and cold plunge, golf simulator, private dining rooms, and more. A MASTERPIECE IN THE MAKING Designed by Bohlin Cywinski Jackson, visionaries behind some of the world's most iconic spaces, Muse Honolulu is a modern architectural statement. Inside, each residence is crafted with precision and sophistication, featuring Silestone countertops, custom Studio Becker cabinetry, and premium Sub-Zero, Wolf, and Cove appliances that blend high design with everyday functionality. Every element is thoughtfully curated to elevate the living experience. Be among the first to experience Muse Honolulu. Schedule your appointment by reaching out today.
San Francisco Chronicle
05-05-2025
- Business
- San Francisco Chronicle
Matson: Q1 Earnings Snapshot
HONOLULU (AP) — HONOLULU (AP) — Matson Inc. (MATX) on Monday reported earnings of $72.3 million in its first quarter. The Honolulu-based company said it had profit of $2.18 per share. The ocean transportation and logistics services company posted revenue of $782 million in the period. _____
Yahoo
28-04-2025
- Yahoo
Honolulu Coast Guard crew nabs 20K pounds of cocaine in Pacific
U.S. COAST GUARD Crew members from the U.S. Coast Guard Cutter Kimball on Thursday stacked bales of interdicted illegal drugs on the flight deck to prepare for offloading in San Diego. The narcotics were seized in the Eastern Pacific during counternarcotic patrols. 1 /3 U.S. COAST GUARD Crew members from the U.S. Coast Guard Cutter Kimball on Thursday stacked bales of interdicted illegal drugs on the flight deck to prepare for offloading in San Diego. The narcotics were seized in the Eastern Pacific during counternarcotic patrols. U.S. COAST GUARD Custody of suspected drug smugglers, above, is transferred to the Coast Guard Investigative Service and Guatemalan Drug Enforcement Agency in Puerto Quetzal, Guatemala. 2 /3 U.S. COAST GUARD Custody of suspected drug smugglers, above, is transferred to the Coast Guard Investigative Service and Guatemalan Drug Enforcement Agency in Puerto Quetzal, Guatemala. U.S. COAST GUARD Above, Coast Guard crew members aboard a long-range interceptor II cutter oversaw the sinking of a suspected drug smuggling vessel in March after seizing contraband. 3 /3 U.S. COAST GUARD Above, Coast Guard crew members aboard a long-range interceptor II cutter oversaw the sinking of a suspected drug smuggling vessel in March after seizing contraband. U.S. COAST GUARD Crew members from the U.S. Coast Guard Cutter Kimball on Thursday stacked bales of interdicted illegal drugs on the flight deck to prepare for offloading in San Diego. The narcotics were seized in the Eastern Pacific during counternarcotic patrols. U.S. COAST GUARD Custody of suspected drug smugglers, above, is transferred to the Coast Guard Investigative Service and Guatemalan Drug Enforcement Agency in Puerto Quetzal, Guatemala. U.S. COAST GUARD Above, Coast Guard crew members aboard a long-range interceptor II cutter oversaw the sinking of a suspected drug smuggling vessel in March after seizing contraband. The crew of a Honolulu-based Coast Guard cutter has offloaded nearly 20, 000 pounds of cocaine it seized during a deployment in the Eastern Pacific as the U.S. ramps up drug war operations. The CGC Kimball and its crew delivered the drugs, worth an estimated $214.3 million, to authorities in San Diego on Thursday. According to a news release, the haul was a result of six separate interdictions of suspected drug smuggling vessel interdictions and other operations off the coasts of Mexico and Central and South America from February through April. The operation was part of a larger multiagency effort to combat Latin American drug cartels. The Pacific has seen a dramatic influx in drug trafficking, with drugs moving from Latin America into the U.S. mainland on boats—and in some cases homemade 'narco submarines '—moving up routes in the Eastern Pacific. Increasingly, drugs are also being smuggled westward through routes spanning the Pacific islands and into Australia and Asia in what is being called the Pacific Drug Highway. 'The fight against drug cartels in the Eastern Pacific Ocean requires unity of effort in all phases, from detection, monitoring and interdictions to criminal prosecutions by international partners and U.S. Attorneys' Offices in districts across the nation, ' the Coast Guard said in a statement after delivering the confiscated cocaine to San Diego. 'The Coast Guard continues to increase operations to interdict, seize, and disrupt transshipment of cocaine and other bulk illicit drugs by sea. These drugs fuel and enable cartels and Transnational Criminal Organizations to produce and traffic illegal fentanyl threatening the U.S.' The Kimball is one of two Legend-class national security cutters based in Honolulu, which are considered among the Coast Guard's largest and most advanced vessels. Those Hawaii-based vessels have been largely focused on operations in the Western and Northern Pacific, in part to monitor the activity of Chinese and Russian vessels. Don 't miss out on what 's happening ! Stay in touch with breaking news, as it happens, conveniently in your email inbox. It 's FREE ! Email 28141 Sign Up By clicking to sign up, you agree to Star-Advertiser 's and Google 's and. This form is protected by reCAPTCHA. The Coast Guard in recent years has bulked up efforts to combat illegal fishing in the Pacific, which began during Donald Trump's first presidency when the Coast Guard declared it the No. 1 global security threat at sea, and ramped up significantly under the presidency of Joe Biden. In 2020 the Coast Guard's then-commandant Adm. Karl Schultz said illegal fishing threatens the legitimate economies of coastal communities and can push people to turn to criminal enterprises when their fisheries become threatened and depleted. The U.S. government spent untold billions of dollars on fighting drug trafficking since declaring the 'war on drugs ' in 1971. Despite decades of wide-ranging operations by law enforcement, intelligence agencies and military organizations around the globe, both drug trafficking and consumption have by many metrics only continued to increase. By some estimates there is now more cocaine being produced, smuggled and consumed than at any other point in history, and some analysts have declared we are living in the 'golden age of cocaine.' In the first week of his second presidency, Trump signed executive orders and declared a national emergency that among other things called on the Coast Guard to redouble operations to crack down on migrants and asylum seekers and chase down drug smugglers. The Trump administration also has moved to designate drug cartels as foreign terrorist organizations and discussed the possibility of launching drone strikes and military special-operations raids against them as it seeks to further ramp up the war on drugs.
Business Journals
24-04-2025
- Business
- Business Journals
Central Pacific Bank reports increased net income in Q1 earnings
The bank reported $88.3 million in revenue in the quarter. The parent company of Central Pacific Bank reported an increase in net income and earnings per share for the first quarter of 2025. Honolulu-based Central Pacific Financial Corp. (NYSE: CPF), parent of Central Pacific Bank, released its first quarter earnings report on Wednesday, reporting net income of $17.8 million, or 65 cents per diluted share, compared to net income of $12.9 million, or 48 cents per share, in the first quarter of 2024. The bank reported $88.3 million in revenue in the quarter. "Our first quarter financial results were solid and continue to trend favorably,' Chairman, President and CEO Arnold Martines said in a statement. 'Through our balance sheet optimization and strong focus on meeting the needs of our customers, we were successful in continuing to meaningfully grow net interest income and net interest margin.' CPB reported net interest income of $57.7 million for the first quarter, a 15% increase from the first quarter of 2024. The bank's total assets decreased as of March 31 to $7.41 billion, down from $7.47 billion Dec. 31. 'Our asset quality has improved further with a decline in net charge-offs and continued low levels of non-performing assets,' Martines said. 'With our strong capital, liquidity and credit positions, we believe we are well positioned to navigate the current operating environment.' Central Pacific Bank operates 27 branches and 55 ATMs in Hawaii.
