Business Briefs

Reported by Star-Bulletin staff & wire

Monday, March 23, 1998

Univ. of Phoenix moves isle offices to downtown

The University of Phoenix, Hawaii Campus, will move its administrative offices into the C. Brewer Building at 827 Fort St. on June 1.

The space, 16,500 square feet in two floors, was occupied by C. Brewer & Co. which recently moved its headquarters to Hilo.

The university, which started offering nursing courses in 1990 by teleconferencing to 22 nurses in Hawaii, has been expanding rapidly. It opened its first Hawaii campus in 1993 at 1585 Kapiolani Blvd., relocated twice since and now has its main campus at 828 Fort St.

With a total of 950 students, it offers masters degrees in nursing and business administration and a range of other courses.

Hawaiiana to manage Ewa Gentry association

The Ewa Gentry Community Association, the homeowners' group for a 4,000-family community, has retained Hawaiiana Management Co. as its managing agent.

Ewa Gentry, now 10 years old, will end up with more than 9,000 single- and multi-family homes, a golf course and a neighborhood shopping center. Hawaiiana Management provides professional management services to commercial properties and rental projects, as well as hotel and hospitality management services.

German media company buying Random House

NEW YORK -- German media conglomerate Bertelsmann AG said today it will buy Random House, the largest U.S. book publisher, in a deal that brings some of the world's most famous authors under one roof.

Bertelsmann owns Bantam Doubleday Dell, publisher of John Grisham, and has been looking to expand its English-language consumer publishing business. The combined publishing business will retain the Random House name. A purchase price was not disclosed.

Random House, owned by Advance Publications Inc., has published best-selling authors Michael Crichton, Norman Mailer and John Updike. Advance decided to sell the publisher to focus on its main businesses of newspapers, magazines, business journals and cable. The privately held firm, owned by the Newhouse family, owns the New Yorker, Vanity Fair and other publications.

Caterpillar, union settle 6-1/2-year labor dispute

PEORIA, Ill. -- A deeply divided United Auto Workers union approved a new contract with Caterpillar Inc., deciding to end a 6-1/2-year contract battle and instead build strength for the future.

Just more than 54 percent of the union workers voting yesterday approved the deal, the UAW said in a statement.

The contract covers roughly 13,000 Caterpillar workers. It offers raises and job security for workers who have endured years of strikes, legal battles and uncertainty. And it gives about 160 workers fired during the strike their jobs back, starting as early as March 30.





See expanded coverage in today's Honolulu Star-Bulletin.
See our [Search] [Info] section for subscription information.




Text Site Directory:
[News] [Business] [Features] [Sports] [Editorial] [Do It Electric!]
[Search] [Subscribe] [Info] [Letter to Editor] [Stylebook] [Feedback]



© 1998 Honolulu Star-Bulletin
http://starbulletin.com