Reported by Star-Bulletin staff & wire
Friday, January 24, 1997
Reported by Star-Bulletin staff & wire
Friday, January 24, 1997
Bank of Hawaii has opened its first foreign exchange automated-teller machine at the Royal Hawaiian Shopping Center in Waikiki. Bank of Hawaii opens
foreign exchange ATMThe ATM will allow customers to exchange any of 20 different foreign currencies into U.S. dollars electronically. The currencies include the Japanese yen, Korean won, French franc and Taiwanese dollars.
"Tourism is the foundation of Hawaii's economy, and . . . it is important to make state-of-the-art travelers' services available to Hawaii's visitors," said Sebastian Adam, Bank of Hawaii's foreign exchange manager.
MIAMI - A freeze wiped out up to 85 percent of Florida's winter vegetable crop, and agricultural officials say consumers will find higher prices in the produce section. Florida freeze
sends produce prices higherThe price of green beans, squash, cucumbers, sweet corn and other fresh produce will soar in the next few days in the Northeast and parts of the Midwest, the officials said.
Price increases started Monday in Florida - the day after an arctic blast swept through the state - with wholesale prices on many vegetables hitting the roof. Green beans, for instance, went from 89 cents a pound to $1.99.
SEATTLE - Starbucks Corp. has posted a 50 percent increase in quarterly profits and announced plans to rapidly expand operations in Asia. Starbucks profits rise
as Asia expansion setFor the first quarter ended Dec. 29, the Seattle-based coffee bar chain reported net income of $14.4 million, or 18 cents a share, compared with $9.6 million, or 13 cents a share, in the year-earlier period. Revenues rose 41 percent to $239.1 million.
The earnings were in line with Wall Street expectations. Starbucks stock rose $1.25 to close at $35 a share on Nasdaq yesterday.
The company, which recently entered the Hawaii market, said it plans to have at least 200 Pacific Rim stores by the year 2000.
