February 27, 2013 |
How do you follow the purchase of an island in Hawaii? If you're Oracle Chief Executive Larry Ellison, you buy an airline so you can hop to and from your tropical paradise. Ellison has been on a shopping spree lately, buying 98% of the island of Lanai in June from Los Angeles billionaire David Murdock and then, in November, buying a beachfront Malibu home from film and TV producer Jerry Bruckheimer. Ellison's most risky acquisition may be Island Air, which he bought Wednesday through a holding company.
July 27, 2004 |
Four years after launching a major expansion outside the islands, Hawaii-themed retailer Hilo Hattie has pulled back, eliminating half its mainland stores after learning demographic lessons about selling tropical merchandise outside its home market. Although Hilo Hattie stores in Southern California and Las Vegas have fared well, other mainland outlets have struggled. In April, Hilo Hattie closed its second-largest store, a 23,000-square-foot mall anchor in Tempe, Ariz.
August 2, 1988 |
Twenty-nine years ago, Ed Hogan had to resort to making speeches in order to convince residents in Point Pleasant, N.J.--where he was a travel agent--that Hawaii really was heaven on Earth and not paradise lost. Hogan had gone to Hawaii many times as a charter pilot, but folks in the Garden State thought it was too far away, too exotic and not as hospitable as Europe or the Jersey shore.
December 3, 1992 |
Standing over a bounty of an unlikely Ventura County-grown harvest, Braden Jones coaxes the browsing farmers' market shoppers to stop long enough to consider his product. No large selection of green vegetables or sugary fruits here, just a load of armor-shelled nuts that you're more apt to see while visiting the Hawaiian Islands. "People hear horror stories about how hard they are to crack," the 17-year-old Buena High School student said recently. "But it's all in the tool you use."
December 21, 2001 |
He's not faster than a speeding bullet. He can't leap tall buildings. In fact, "Aloha Man," as he calls himself, doesn't do much at all, other than stand real still while dressed as a palm tree. But, by situating himself in a small pond beside the sidewalk that runs along the beach in Waikiki, Shawn Ball, the 27-year-old man behind the palm fronds, is making enough money off tourists to survive.
April 26, 1988 |
As anxious homeowners arrived at the Maunawili grade school gymnasium for a protest meeting in late March, they could see the handwriting on the wall--quite literally. There, handwritten on long scrolls of vanilla-colored paper, were the names of scores of familiar enterprises--Central Pacific Bank, Honolulu International Country Club--that had something significant in common: all had Japanese owners.
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August 15, 2006 |
Roy E. Disney is best known for making movies -- and a little shareholder revolt that shook up his Uncle Walt's company. But for much of his life the role he's loved the most has been performed on the water. He has set records around the world and won the West's most prestigious ocean race. Last summer, after finishing the Los Angeles-to-Honolulu Transpacific Yacht Race, he announced his retirement from competition. To quote his wife, Patty: Yeah, right.
July 25, 1996 |
After sputtering for several years, Hawaii's economy is finally shifting into gear, thanks to a renewed influx of free-spending Asian tourists and bargain-hunting hotel investors. Slapped on two sides by the recessions on the U.S. mainland and in Japan, tourism-dependent Hawaii has lagged the nation's economic recovery in the last few years. But an upswing in visitor arrivals, a retailing explosion and renewed investor interest are finally giving the local economy some juice.