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Last Updated: Tue, 09 Mar 2010 01:00:00 -1000

Hoku gets second part of $50M loan

Hoku Scientific Inc. said it has received the second installment of a $50 million loan from its majority owner to help finish the construction of its polysilicon plant in Idaho. Hoku had expected to receive the $30 million loan from China-based Tianwei New Energy Holdings Co. by Feb. 22, but the financing was delayed because of the Chinese government's process for approving foreign currency transactions, Hoku said in a news release.
03/09/2010 02:19 AM

Bank of Hawaii now offers online coupons

Bank of Hawaii this week launched a free, virtual coupon book available to the public on its Web site. The site already had more than 100 coupons from nearly 100 businesses across the state, and plans to add more regularly.
03/09/2010 02:16 AM

Toyota disputes critic blaming electronics

Toyo­ta, dogged by millions of recalls and claims that it still has not fixed its safety problems, took its strongest step yet yesterday to silence critics who blame faulty electronics for runaway cars and trucks.
03/09/2010 01:35 AM

Home sales up on 2 islands

Median prices for homes sold on the Big Island and Kaua'i last month moved in different directions despite more sales in both markets, according to statistics from Hawai'i Information Service.
03/09/2010 02:17 AM

Go! Mokulele capacity up, fliers down

Go! Mokulele said its airplanes were 70.1 percent full in February, up from 66.3 percent the same month a year earlier.
03/09/2010 02:15 AM

Upbeat news fails to impress investors

A year after the stock market hit bottom and began a spectacular comeback, it's getting harder to dazzle investors.
03/09/2010 02:14 AM

AIG sells Alico unit to MetLife for $15.5B

American International Group Inc. said yesterday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government.
03/09/2010 02:13 AM

Northrop Grumman won't compete for refueling tankers

Northrop Grumman Corp. announced yesterday that it won't compete against Boeing Co. for a $35 billion contract to build refueling tankers for the Air Force because Northrop doesn't think it can win.
03/09/2010 01:54 AM

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