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Spending As An Emotional Crutch COACHING TIPS credit card Pay credit card charges each month Getting into Deep Debt Pay as you go finance purchases long-term financial security credit card debt Emotional fulfillment Debt management credit card company repayment schedule financial planner COACHING TIPS CONTINUES emotions preventing impulse to spend professional psychological help SPENDING YOUR MONEY WISELY financial mistake Call a time-out cash in savings hourly wage retirement accounts GUILT TIPS gift giving Making Up for Lost Time make up for lost time by spending money windfall arrived PLANNING TIPS conspicuous consumption ostentatious spending economic climate
invest the rest in your
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Hawaii part of $25B foreclosure settlement agreementHawaii was one of 49 states to agree to a $25 billion settlement with five of the nation?s largest banks to address abuses in mortgage loan servicing and foreclosures, federal officials said Thursday.
The deal with Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Citigroup Inc., and Ally Financial Inc. (formerly GMAC) was the largest federal-state civil settlement since the multistate tobacco settlement in 1998.
The deal, the result of a year-long federal investigation, will require mortgage servicers to commit more than $20 billion for financial relief for consumers, and commit $25 billion to resolve violations of state and federal laws, U...<div class="feedflare">
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</div>Chow?s game plan includes building fan support for Hawaii<img src='http://assets.bizjournals.com/pacific/news/Norm%20Chow_autograph*100.jpg?v=1'>After sitting down with new University of Hawaii head football coach Norm Chow for a one-on-one interview earlier this week, it?s clear that he is a man who is passionate about his craft as well as children?s causes.
He is after all a father and grandfather.
But the Hawaii native also knows that as the figurehead of the closest thing the state has to a pro team, it?s a high-profile job.
And part of his work will be mustering up support and donations, whether it is talking to the business world or showing up at a fundraiser...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=F-oCIxHyQy0:QhBMEPwhda0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=F-oCIxHyQy0:QhBMEPwhda0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=F-oCIxHyQy0:QhBMEPwhda0:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=F-oCIxHyQy0:QhBMEPwhda0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=F-oCIxHyQy0:QhBMEPwhda0:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=F-oCIxHyQy0:QhBMEPwhda0:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a>
</div>Cyanotech Corp. stands out on mixed day for Hawaii stocksCyanotech Corp.?s stock gained 39 percent Thursday after the Hawaii-based company reported a quarterly profit that was more than 100 times higher than the net income reported the previous year.
Meanwhile, other local stocks finished mixed on a day when the broader markets closed slightly higher on news of a debt deal in Greece. The Dow Jones Industrial Average gained 6.51 points, or 0.05 percent, to close at 12,890.46, while the Nasdaq gained 11.37 points, or 0.39 percent, to close at 2,927.23...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=h7CtWL8oHuo:bwY5zdvqDeg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=h7CtWL8oHuo:bwY5zdvqDeg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=h7CtWL8oHuo:bwY5zdvqDeg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=h7CtWL8oHuo:bwY5zdvqDeg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=h7CtWL8oHuo:bwY5zdvqDeg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=h7CtWL8oHuo:bwY5zdvqDeg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a>
</div>Cyanotech Corp. quarterly earnings soar to $1.1 million<img src='http://assets.bizjournals.com/pacific/CyanotechNEWS3*100.jpg?v=1'>Cyanotech Corp.?s profit for its fiscal third quarter was more than 100 times the net income the Hawaii-based nutraceutical manufacturer reported the year before.
Cyanotech (Nasdaq: CYAN), based in Kailua-Kona on Hawaii?s Big Island, reported on Thursday net income of $1.1 million, or 20 cents per diluted share, for the quarter that ended Dec. 31, 2011, compared to net income of $10,000, or $0.00 per diluted share, during the quarter that ended Dec. 31, 2010.
The company reported revenue of $6...<div class="feedflare">
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</div>Hoku Corp. blames $10.6M quarterly loss on higher costs<img src='http://assets.bizjournals.com/pacific/hokuNEWS*100.jpg?v=1'>Hoku Corp. reported a loss of $10.6 million, or 19 cents per share, for the quarter that ended Dec. 31, 2011, compared to a loss of $3 million, or 6 cents per share, for the same quarter in 2010.
The Honolulu-based energy company blamed the higher loss in its fiscal third quarter on increased operating costs for the polysilicon plant it is building in Idaho and on expenses of $5.2 million from payments to Idaho Power Co. for the plant?s electricity service.
Hoku (Nasdaq: HOKU) reported revenue for the quarter of $7...<div class="feedflare">
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</div>Pacifichem returning to Honolulu in 2015<img src='http://assets.bizjournals.com/pacific/conventionctrFILE_NEWS*100.jpg?v=1'>The Hawaii Convention Center has secured the largest chemical conference in the Asia-Pacific region ? Pacifichem ? for a return to Honolulu in December 2015.
The International Chemical Congress of Pacific Basin Societies, widely known as Pacifichem, has been held in Honolulu nearly every five years since its founding in 1984.
At Pacifichem?s last Honolulu conference in December 2010, more than 12,500 attendees and a record 13,000 research papers were submitted from 72 countries.
?Hawaii has exceeded our expectations every year, and we are excited to bring Pacifichem back to Honolulu in 2015,? Nancy Todd, manager of American Chemical Society Meetings & Expositions Attendee Services & Contracts, said in a statement...<div class="feedflare">
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</div>New car sales in Hawaii increase 4.4% in 2011New car sales in Hawaii rose by 4.4 percent in 2011, and the Hawaii Automobile Dealers Association says that pent-up demand and growing consumer confidence could mean a 6.9 percent increase in sales for 2012.
The Honolulu Star-Advertiser reports that according to the association's quarterly Hawaii Auto Outlook, there were 35,531 new cars and light trucks registered in Hawaii last year, compared to 34,019 registrations in 2010. The newspaper notes that the number is still nearly half the record 70,268 registrations in 2005, and that the 4...<div class="feedflare">
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</div>Kailua man pleads not guilty to federal fraud chargesA Kailua man has pleaded not guilty to federal fraud charges of stealing nearly $900,000 from people who thought they were investing in post-Hurricane Katrina real estate projects.
The Honolulu Star-Advertiser reports Dan Doyle was told by a federal judge on Wednesday that he could remain free on a $100,000 signature bond pending trial on the 28 counts of fraud related to the investment scheme, which used AM radio shows in California to tout reconstruction projects in Mississippi. The newspaper reports that Doyle's attorney, Michael Green, said he expects to work out a plea agreement with the federal government within the next few months.<div class="feedflare">
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</div>Bill would require stricter inspections of Hawaii zip linesA bill in the Hawaii Legislature would require stricter inspections of zip lines in the state, following a fatal accident on the Big Island last fall in which a tower collapsed, causing a test rider to fall 200 feet to his death.
The Associated Press reports, via the Maui News, that the bill would require the state Department of Labor and Industrial Relations to conduct inspections for a $100 fee.
However, the AP reports that the operator of Piholo Zipline on Maui said $100 is unrealistic and that inspections can cost $5,000 and be spread over several days...<div class="feedflare">
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</div>Honolulu cannot start work on rail guideways yetThe City and County of Honolulu cannot begin work on the 30-foot-wide concrete guideways for its rail transit system, despite getting the OK from the federal government to spend nearly $185 million on construction of the foundations and support columns for the system.
The Honolulu Star-Advertiser reports that city officials say the $21.8 million work to make the guideways at a precast yard was excluded from the Federal Transit Administration because the city has yet to finalize a site for the precast yard.<div class="feedflare">
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The price of a whistleblower As German authorities contemplate paying for data stolen from a Swiss bank, the industry is rethinking its security strategies Business diary: Sophia Harris Founder of the Solomon Harris law firm in the Cayman Islands says it was fortunate that it could not afford a big, flash opening The public image: Bank of Scotland A homely campaign seeks to re-establish the troubled lender's appeal The woman helping to build the new China The head of Soho China, one of the country's biggest property groups, insists that changes in government policy are the most important factor in determining the business's strategy The careerist: Attracting headhunters 'If you associate yourself with the best it rubs off' The job: Embalmer 'In two weeks you know whether or not you can do it' Ports think outside the container Owners and operators of shipping terminals are responding to environmental concerns. AP Moller Maersk's facility in Maasvlakte has cut its carbon emissions by 45% a year Billionaire battle of the seas As the America's Cup kicks off, Sir Keith Mills, founder of Airmiles and the Nectar card, tries to mediate between the warring teams fighting over one of sport's biggest businesses 20 questions: Jon Moulton An insight into the maverick of the private equity industry The call of the Russian investor In a country where natural resources are the biggest lure and Silicon Valley-style venture capitalists are rare, a few investors are funding opportunities in the technology sector Ambassador of cheese Glyn Woolley has taken an imaginative approach to building his company, a leading exporter of British artisinal cheeses that is credited with helping to change perceptions of the country's produce A matter of interpretation For companies that do business in international markets, employing the right translator can be the difference between winning or losing a big contract An inside job?
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