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Latest Top (8) News

Hawaii had fewer all-cash home sales in Q2, RealtyTrac says
All-cash sales for single-family homes and condominiums in Hawaii decreased to 42.5 percent of all sales statewide during the second quarter, compared to 47 percent in the same quarter last year, according to a report from RealtyTrac, the real estate data tracking service. For the first half of 2014, cash sales totaled 39 percent, which was virtually unchanged from the first half of 2013, said Jason Martinson, vice president and regional production manager for HomeStreet Bank in Hawaii. Buyers…

Thu, 21 Aug 2014 23:37:00 +0000

New York cashes in on Bank of America's $16.65 billion mortgage settlement
New York is in line to receive an $800 million share of Bank of America Corp's $16.65 billion mortgage case settlement with the U.S. Department of Justice. New York Attorney General Eric Schneiderman said Thursday that the state will receive at least $300 million in cash plus $500 million in relief to consumers. The Charlotte, North Carolina-based bank (NYSE:BAC) and the Department of Justice announced a settlement Thursday that announced BofA would pay $9.65 billion in cash and provide an additional…

Thu, 21 Aug 2014 23:19:00 +0000

Phil Knight takes 'Ice Bucket Challenge' from Tiger Woods
Nike co-founder Phil Knight on Thursday accepted a challenge from golfer Tiger Woods and doused himself in ice water in order to raise money for A.L.S. The so-called "Ice Bucket Challenge" has become a social media hit, raising more than $41 money for A.L.S. research, according to The New York Times. The disease — amyotrophic lateral sclerosis — is commonly known as Lou Gehrig’s disease. Knight also made a donation to the cause, according to a social media post by a Nike public relations…

Thu, 21 Aug 2014 23:18:00 +0000

What to do if your business faces rioting and looting like we have seen in Ferguson
Each generation has images of civil unrest seared in their memories. For my father, it was the Detroit and Los Angeles riots of the 1960s. And I recall in stark detail the shock I felt witnessing the looting and violence after the Rodney King verdict. Will today’s generation remember the incidents in Ferguson, Mo., as their moment? Perhaps, especially if it is not put under control soon. Civil unrest makes for great television. Predictably, the images we see include business owners arming themselves…

Thu, 21 Aug 2014 23:17:00 +0000

KC sends Chastain question to the ballot -- again
The Kansas City Council placed a Clay Chastain-related ballot question on the city’s Nov. 4 ballot. Again. On Thursday, the council introduced and passed, according to the City Clerk’s office, an ordinance repealing the ordinance i t passed on Aug. 14. The ordinance approved Aug. 14 set an election asking voters whether they supported raising a pair of sales taxes for public transportation and capital improvements. After repealing the Aug. 14 measure on Thursday, the council approved an ordinance…

Thu, 21 Aug 2014 23:08:00 +0000

Accounting firm expanding, relocating to Galleria tower
Hein & Associates LLP, an accounting and advisory firm based in Denver, is expanding and relocating its Dallas office to the Galleria North Tower II at 13727 Noel Road. The company plans to move from another North Dallas office building at 14785 Preston Road into the 19,398-square-foot Galleria space, said Rob Pipkin, managing director with Mohr Partners' Dallas headquarters. The firm specializes in representing tenants in their real estate searches. "Hein & Associates sought to relocate into…

Thu, 21 Aug 2014 23:06:00 +0000

Direct Flow Medical heart valve device wins approval in Europe
Direct Flow Medical won European regulatory approval of an aortic valve system, the Santa Rosa company said Thursday, as it pushes forward on a pivotal U.S. study. The European CE Mark allows Direct Flow Medical to sell its 23-milligram valve as well as other valve sizes in its portfolio, and it comes as the company tries to win the U.S. Food and Drug Administration's OK of the system. Pivotal to U.S. approval is an ongoing 500-person trial at 30 sites that is designed to help patients, many in…

Thu, 21 Aug 2014 23:00:00 +0000

NetSuite founder pays $7M for Kauai home
Evan Goldberg, the founder and current chairman of California-based computer software giant NetSuite Inc. — one of the world’s top cloud computing companies whose majority shareholder is Oracle Corp. CEO and Lanai owner Larry Ellison — recently purchased an oceanfront home on Kauai’s South Shore for nearly $7 million, according to public records. Goldberg and his wife, Cynthia, purchased a 4,786-square-foot, four-bedroom, four-bathroom home in Koloa. The home, which sits on a little more…

Thu, 21 Aug 2014 22:53:00 +0000

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