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IN HAWAII
Sun Trips to add Kauai flight
Sun Trips will start flying once-a-week direct flights in late May from Oakland, Calif., to Kauai.The San Jose, Calif.-based vacation packager said it will offer a nonstop flight from Oakland to Lihue Airport for about $350 round trip, not counting taxes and airport fees. The service will start May 23 and ends Aug. 22.
Sun Trips, which has been providing Hawaii air-hotel-car vacation packages since 1977 and also flies Oakland-Honolulu and Oakland-Maui, introduced Boeing 757-200 aircraft in its Hawaii service last month. The operations are handled by a professional aircraft operating business, North American Airlines.
Chamber offers tech assistance
The Chamber of Commerce of Hawaii is sponsoring the New Economy Transition program to help businesses use technology more effectively.The program offers access to subsidized consulting services to assist companies in completing a needs assessment and to implement a technology plan. Any organization operating in Hawaii can qualify for help, the chamber said. For more information, call the chamber at 545-4300, ext 394; or e-mail net@cochawaii.org.
ON THE MAINLAND
Google buys blog software firm
NEW YORK >> Internet search company Google Inc. has agreed to acquire Pyra Labs, the handful of Web developers who helped jump-start the personal publishing phenomenon known as blogging, Pyra's founder said Sunday.Word of the deal spread after Pyra Labs Chief Executive Evan Williams confirmed on his personal Weblog that his team of six developers would join Google.
In typical blog fashion, the news spread first Saturday from San Jose Mercury News technology columnist Dan Gillmor's eJournal diary to other blog sites. Then in a statement yesterday, Google spokesman David Krane said his company had recently acquired Pyra Labs.
Weblogs, or "blogs" for short, are a form of grass-roots online diary publishing that give ordinary people with limited technical knowledge the ability to update personal Web sites. A blog consists of short, frequently updated postings that are arranged chronologically, highlighting the latest material.
Financial terms of the deal were not disclosed.
For Google, which has become a household name for searching the Web, the move marks the privately held company's latest push beyond search and into publishing.
Reuters posts record loss, will cut 3,000 jobs
LONDON >> Reuters Group Plc reported a record loss today and announced another 3,000 job cuts as part of a new, three-year strategy to revive its fortunes.Reuters, which provides news, data and trading facilities to banks, brokerages and fund managers worldwide, reported a net loss of 394 million pounds ($631 million), the biggest in its 151-year history. It blamed the bear market and the cost of restructuring. Reuters shares have fallen about 70 percent over the past year.
The firm also said it was buying Multex, which provides earnings estimates on more than 16,000 companies worldwide, for an estimated cash cost of $195 million.
CB Richard Ellis to buy rival for $415 million
LOS ANGELES >> CB Richard Ellis Inc., the world's largest commercial property broker, agreed to buy rival Insignia Financial Group Inc. for $415 million in cash, extending an industry consolidation amid a glut of office space.CB Richard will pay $11 for each share in Insignia, said Melanie Keenan, an Insignia spokeswoman. That's 31 percent more than Insignia's share price on Feb. 6, a day before the company said it was in talks with closely held CB Richard.
Commercial property brokers have suffered from a drop in leasing activity as companies fire workers and shed space in response to a slowing economy. A challenge is retaining the top brokers.
Airlines pull back from $10 fare increase
HOUSTON >> Major airlines yesterday backed off a fare increase designed to cover rising jet fuel costs.The airlines dropped the move to raise prices, which Continental began Friday, after Northwest Airlines did not go along with a $10 per trip increase that the Houston carrier said was necessary.
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[Hawaii Inc.]
NEW JOBS
>> Frank E. Kiger has been named agricultural operations vice president at Hawaiian Commercial & Sugar Co. He will be responsible for crop management and agronomy, engineering services, water infrastructure and services, and East Maui Irrigation Co. He will also continue his role as general manager of the company's Maui brand specialty sugars and will serve as Kauai Coffee Co. president and general manager on an interim basis.>> Grant Thornton LLP has hired Doreen Griffith as senior tax manager. Grant Thornton provides accounting, audit, tax and management consulting services to businesses through 51 U.S. offices.
>> Castle & Cooke Homes Hawaii Inc. hired Andrew Dixon as construction superintendent and Allen Hagio as customer service representative. Dixon most recently served as quality control inspector with Hunt Building Corp. and Hagio was project manager for City Construction Inc. Dixon has 22 years of experience in the construction industry. Hagio has eight years of experience in the construction industry.
PROMOTIONS
>> Sharon Jones has been named general manager at the new Starbucks Coffee store in Aiea Shopping Center. It is the 34th Starbucks in Hawaii. Jones is responsible for day-to-day operations, inventory control, customer satisfaction and product quality. She started her career with Starbucks Coffee in 1996 as a barista at Starbucks San Diego. Last year, Jones moved to Hawaii and was hired by local Starbucks licensee Coffee Partners Hawaii as the assistant manager at the Starbucks Coffee Pearlridge Breve Bar.
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