Reported by Star-Bulletin staff & wire
Monday, March 3, 1997
Reported by Star-Bulletin staff & wire
Monday, March 3, 1997
A state trade mission in May will allow local executives to network with Taiwanese business people, government officials and potential investors. State organizing
Taiwan trade missionOrganized by the state Department of Business, Economic Development & Tourism and the Chinese Chamber of Commerce of Hawaii, the May 21-June 1 mission will call at Taipei, Taichung and Kaohsiung. Presentations will include details of a program in which foreign investors can gain permanent U.S. residency by investing in job-creating businesses in Hawaii, the state agency said.
Interested parties should call DBEDT at 587-2766 or the Chinese Chamber at 533-3181.
Construction has begun on a 14-screen movie theater complex in Guam, developed by Pacific International Inc. of Guam and Wallace Theatre Corp. of Hawaii. Construction begins on
Guam theatersGround was broken Friday for the structure in the Guam Shopping Center in Tamuning.
The theaters will feature digital sound and a computerized box office. Pacific International, developer of the center, is part owned by Servco Pacific Inc. of Honolulu.
HOUSTON - Compaq Computer Corp., the world's largest supplier of personal computers, today cut U.S. prices for its notebook PCs by as much as 20 percent. Compaq drops prices
on its notebook PCsThe Houston-based company said prices for the computers will now start at $2,399 for on its LTE 5150 computer. Its highest-priced model, the LTE 5400, will now sell for $5,199, a 15 percent reduction in price. In February, the company said it would lower prices on its desktops, portables, servers, workstation and networking products to increase its market share among business customers.
ST. LOUIS - Flight attendants at Trans World Airlines Inc. have voted to merge with the International Association of Machinists, solidifying the labor front facing the carrier. TWA flight attendants
join machinists unionWith the 5,400 flight attendants in its fold, the IAM now represents 20,000 of TWA's 25,000 union workers.
The IAM received 62 percent of the vote last week, with the previous union - the Independent Federation of Flight Attendants - getting 23 percent. The Association of Flight Attendants, a Washington-based union that is the nation's biggest for flight attendants, won 14 percent.
With the nod for the IAM, the TWA flight attendants join a union with 700,000 workers. The IAM will control three seats on the airline's board of directors, said William O'Driscoll, who presides over IAM District Lodge 142 in Kansas City, which represents the union's TWA employees.
"This will give us the strength to deal with any possible merger or buyout," he said.
BEVERLY HILLS, Calif. - Hilton Hotels Corp. has extended its offer to acquire 50.1 percent of ITT Corp.'s shares to March 28. The $55-a-share offer originally was to expire Feb. 28. Hilton, based in Beverly Hills, Calif., is making a $6.5 billion hostile takeover bid for ITT, a New York-based hotel and casino operator. In other news . . .
