[Hawaii Inc.]
NEW JOBS
>> Tiki's Grill & Bar has named Fred DeAngelo executive chef and partner. He will design a menu that highlights Hawaii Regional Cuisine, local ingredients and casual American fare. He most recently served as executive chef at Palomino and has more than 15 years of experience in the business.
PROMOTIONS
>> Kamehameha Schools has named Julian Ako senior education administrator. He will help coordinate educational services statewide, including preschool, grades K-12 and extension programs. He has been with Kamehameha Schools for almost 23 years, most recently as dean of student activities for its Kapalama high school.>> Lynda C. Corotan was promoted to human resources manager and Paige Cabacungan has been hired as account director for The Orchid at Mauna Lani hotel. Corotan is responsible for the recruitment of all new associates and all internal transfers, as well as the supervision of communication efforts within and without the hotel. She brings more than seven years of hospitality experience to The Orchid. Cabacungan will be responsible for corporate meetings and incentives for the Western United States, except California. She brings more than 12 years of experience in hotel operations and sales to the hotel.
RECOGNITION
>> The University of Hawaii School of Travel Industry Management will honor former governor George R. Ariyoshi at this year's "Celebrate a Legacy in Tourism" fund-raiser and silent auction for his pioneering efforts in the development of the school and his contribution to tourism in Hawaii. For more information on the Nov. 12 dinner, call 956-8946.BACK TO TOP
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ASIA
U.S. economic concerns erode markets in Japan
TOKYO >> Japanese stocks fell today on concern U.S. reports this week will show that growth in the world's biggest economy is stalling.The Nikkei 225 Stock Average lost 84.81, or 0.9 percent, to 9534.49, early today in Tokyo. The Topix index declined 8.26, or 0.9 percent, to 933.38, with automakers and computer-related companies accounting for almost a third of the drop.
Nikkei 225 futures for September delivery shed 40 yen to 9,530 in Osaka and declined 55 yen to 9,530 in Singapore. In orders placed before the market opened today, overseas investors sold 1.5 million more shares than they bought through 12 brokerages.
MAINLAND
Half of whistle-blowers are fired, report says
WASHINGTON >> Most employees who expose workplace wrongdoing face some form of retaliation, and many still lack the legal right to protect themselves, says a report released yesterday by a whistle-blowers advocates organization.About half the whistle-blowers who responded to a survey by the nonprofit National Whistleblower Center in Washington said they were fired after reporting unlawful conduct. Most of the others said they faced on-the-job harassment or unfair discipline.
The report recommends that Congress pass legislation to protect all government and private-sector whistle-blowers from reprisals in the same way that existing laws shield from retaliation victims who report discrimination based on race or sex.
The unscientific survey of both government and private-sector whistle-blowers was based on a random sample of 200 cases reported to the group this year.
Oil company executive may take United helm
CHICAGO >> United Airlines' board of directors has called a special meeting for Labor Day amid reports it is poised to select an oil company executive as its chairman and chief executive officer.Glenn Tilton, the 54-year-old vice chairman of ChevronTexaco Corp. and acting chairman of struggling Dynegy Inc., has emerged as the front-runner to replace interim CEO Jack Creighton, according to several reports. He could be named to the job today.
The company and union officials said yesterday no final decision has been made.
SOUTH AMERICA
OPEC leader predicts small output increase
RIO DE JANEIRO, Brazil >> Current crude oil prices are a bit high, but any increase in real oil production resulting from the Sept. 19 meeting of the Organization of Petroleum Exporting Countries "should be small," OPEC President Rilwanu Lukman said yesterday.Lukman said OPEC faces many difficult signals in setting oil output policy for the coming winter, noting that the possibility of a U.S. war with Iraq and the strength of the global economy cloud the picture.
EUROPE
VW's expanded models will include convertible
WOLFSBURG, Germany >> Volkswagen AG plans to increase the number of models at Europe's largest carmaker and its subsidiaries to around 65 from about 50, Chief Executive Officer Bernd Pischetsrieder told Bild am Sonntag.The new models may include a Polo-size car with "very basic equipment" for markets like Brazil and China and a new VW convertible, Pischetsrieder said in an interview with the newspaper.
The Wolfsburg, Germany-based automaker expects to sell 400,000 cars in China this year, a 21 percent increase. Volkswagen's market share is declining as competition increases. It started building the Polo compact car in China earlier this year to spur sales.