Business

United Airlines now planning for bigger pilot layoffs

  NEW YORK (AFP) — United Airlines is now planning for even deeper furloughs of pilots following the latest weakening of air travel demand due to the coronavirus, a company official said Thursday. The big US carrier currently is planning …

Read More »

US airlines report losses as latest COVID-19 spike mars outlook

  By John Biers NEW YORK (AFP) — American Airlines and Southwest Airlines both reported quarterly losses Thursday as the industry reins in spending and reduces flights amid a shaky demand environment further weakened by the latest spike in US …

Read More »

Wall Street stocks pull back as US economy shows signs of stalling

  NEW YORK (AFP) — European stocks gave up most of their early gains Thursday and Wall Street equities fell after US initial jobless claims pointed to renewed lockdowns taking a heavy toll on the stuttering economy. The US Department …

Read More »

Passenger screening technology provider selected for Hawaii airports

  By Alfred Acenas EBC Hawaii Bureau HONOLULU (Eagle News) – The Hawaii Department of Transportation (HDOT) has selected NEC Corporation, NEC Corporation of America and their partner, Infrared Cameras Inc., to provide thermal temperature screening and facial imaging technology …

Read More »

US awards $1.6 billion to Novavax for COVID-19 vaccine

  WASHINGTON (AFP) — The US on Tuesday announced it was providing $1.6 billion in funding for the development and manufacture of a COVID-19 vaccine candidate produced by biotech firm Novavax, the largest amount awarded under Operation Warp Speed. Separately, …

Read More »

Airbnb and Hawaii’s Kauai County reach agreement to help enforce short-term rental laws

By Alfred Acenas EBC Hawaii Bureau HONOLULU (Eagle News) – Kauai County Mayor Derek S. K. Kawakami and Airbnb announced on Monday, June 29, the signing of a Memorandum of Understanding (MOU) to help the county enforce its short-term rental …

Read More »

Governor orders deferment of harbor tariff increase throughout Hawaii to avert hardship on commercial shipping

By Alfred Acenas EBC Hawaii Bureau HONOLULU (Eagle News) – The Hawaii Department of Transportation (HDOT) Harbors Division will defer the scheduled three-percent tariff increase on the orders of Governor David Ige on Thursday, June 25. The tariff increase was …

Read More »

Economic carnage forecast as virus cases surge in Americas

By Heather Scott with AFP bureaus WASHINGTON (AFP) — The IMF on Wednesday laid out the unprecedented economic devastation caused by the coronavirus pandemic, as the WHO said it expects the number of global infections to soon hit 10 million …

Read More »

Trudeau won’t consider trading Huawei executive for two Canadians detained in China

By: Thomas I Likness EBC Edmonton Bureau EDMONTON (Eagle News) — Prime Minister Trudeau flatly ruled out trading Hauwei executive Meng Wanzhou for two Canadians who have been detained in China on espionage charges. “No. We’re not considering that,” Trudeau …

Read More »

Virus layoffs top 45.7 mn as US economic distress persists

  By Chris Stein WASHINGTON (AFP) — Layoffs caused by the coronavirus pandemic in the United States have passed 45.7 million, raising fears that despite some positive signs, the economy faces a halting recovery from the downturn. Another 1.5 million …

Read More »

Canada inflation drops for second consecutive month

  By Thomas I. Likness EBC Edmonton Bureau EDMONTON (Eagle News) — For the second straight month, Canada’s inflation rate has dropped and remains in the negative zone. Statistics Canada pegged the rate for May at -0.4% on Wednesday. Lower gasoline …

Read More »

Credit reporting agency says Canadian debt loads inch down

  By Thomas I. Likness EBC Edmonton Bureau EDMONTON (Eagle News) — For the first time in more than a decade, consumer debt loads in Canada have dropped, albeit just a fraction, according to Equifax Canada. In a report released …

Read More »