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HAWAII
Tour business will add to fleet
A Hawaii luxury-coach tour business, Superstar Hawaii Transit Service, is adding five motor coaches to its fleet at a cost of $2.4 million. Four of the new BMW-designed MCI buses have arrived and the last is on a ship and will arrive this month, said Marc Rubenstein, the company's general manager.The additions will bring the company's fleet of coaches to 19, each with 58 recliner seats, a toilet, individual light and temperature controls and digital sound and video capabilities. The company, which offers tours to Pearl Harbor and other destinations as well as charters, also has other buses and will have a fleet of 35 vehicles when the last new bus arrives, Rubenstein said.
New publisher for Kauai paper
LIHUE >> A California newspaper executive has been named president and publisher of The Garden Island on Kauai. Shanna Pollard previously was general manager and vice president of advertising for Pulitzer Central Coast Newspapers in Santa Maria, Calif.Pollard succeeds Cynthia Schur, who has been named president and publisher of Pulitzer Central Coast Newspapers, a four-newspaper group serving California's Central Coast.
In Hawaii, Schur oversaw the Garden Island's conversion from an afternoon to morning newspaper and helped launch its online edition.
JAPAN
JTB says travel will drop this year
TOKYO >> JTB Corp., Japan's largest travel agency, said trips overseas and domestically by Japanese travelers will fall 0.3 percent in 2003 because the country's economy is slowing, according to a Bloomberg News report.Trips taken by Japanese travelers will total 335.8 million with the number of international travelers rising 3.1 percent to 16.9 million, while domestic trips will fall 0.5 percent to 318.9 million, the company said. Average expenditure per person for international trips will fall 0.1 percent to ¥309,181, the company said.
MAINLAND
Emmis posts profit
INDIANAPOLIS >> Emmis Communications Corp., which owns 21 U.S. radio stations and 15 television stations including Honolulu's KHON-TV and KGMB-TV, had a third-quarter profit as higher advertising revenue helped boost sales 12 percent, beating forecasts.Net income was $10.8 million, or 16 cents a share, compared with a loss of $11.7 million, or 29 cents, a year earlier. Per-share amounts reflect the payment of preferred dividends. Revenue for the period ended Nov. 30 rose to $155.5 million from $138.3 million.
Oil rises on UN report
NEW YORK >> Oil prices rose nearly 5 percent today, ending a three-day slump, as U.N. weapons inspectors appeared to offer Washington fresh ammunition in its case for a war on Iraq. The renewed price strength came ahead of Monday's emergency meeting of the OPEC producer cartel to decide how much more crude to pump to compensate for export stoppages from a five-week-old Venezuelan strike.U.S. crude rose $1.43 to $31.99 a barrel.