Business Briefs
Reported by Star-Bulletin staff & wire
Tuesday, May 14, 1996
Reported by Star-Bulletin staff & wire
Tuesday, May 14, 1996
Belt Collins Hawaii did the master plan and landscaping design for the first phase of the resort project on the former U.S. military base. The plan covers 21 luxury villas, a clubhouse, a boat house and the grounds.
Long & Associates, a Honolulu architectural firm, designed six of the villas. Wimberly Alison Tong & Goo, another Hawaii firm and the one that designed the Hawai'i Convention Center, designed the clubhouse for the Subic project.
Subic Bay was turned into a commercial port and industrial center after the U.S. military left in 1992.
The Equal Employment Opportunity Commission sued Mitsubishi in April, alleging hundreds of women employees were groped and subjected to obscene remarks and lewd graffiti by male co-workers.
EEOC chairman Gilbert Casellas said Martin's hiring has no effect on the lawsuit.
Mitsubishi lawyers met with EEOC officials Friday in Chicago. The automaker's parent said on Tuesday that the meeting brought signs of progress in resolving what could become the largest sexual harassment suit in U.S. history, involving more than 500 women.
The world's largest retailer said net income rose to $571 million, or 25 cents a share, from $553 million, or 24 cents a share, a year earlier.
Sales for the quarter ended April 30 rose 11 percent to $22.8 billion from $20.4 billion.
Sales rose in each of its divisions, including a 1.3 percent gain at its Sam's Club warehouse chain, which has been struggling.
The slim earnings gain is less than Wal-Mart's typical earnings gains, which in the past have exceeded 20 percent. It said it expects earnings to strengthen as the year progresses.