Business Summary: Bank of Hawai‘i recognized, new shops opening at Kings’ Shops, construction industry awards
Here’s some business news from Hawaii Island and the state: Bank of Hawaii Recognized Among America’s Top Regional Banks and Credit Unions Bank of Hawaii has received a prestigious five-star rating from Newsweek magazine in its 2026 round-up of America’s Best Regional Banks and Credit Unions. This recognition highlights institutions that are truly making a […]
North Korea Tests Cruise Missiles and Displays Its Nuclear-Powered Submarine Construction
North Korea’s Long-Range Cruise Missile Test North Korea’s leader, Kim Jong Un, oversaw a long-range cruise missile test aimed at maintaining the country’s nuclear capabilities, according to state media on Monday. This missile launch occurred shortly after Kim’s visit to a construction site, where North Korea claims to be building a nuclear-powered submarine. This move […]
Judge appears to be leaning towards rejecting request to stop White House ballroom construction
Judge Considers Halt to White House Ballroom Construction A federal judge expressed on Tuesday that he is “inclined to reject” a plan demanding the Trump administration halt the construction of the White House ballroom. However, he cautioned officials against starting any permanent work before a hearing set for January that could potentially stop the project. […]
Court case regarding construction of ballroom at the White House during Trump’s administration
Lawyers representing the Trump administration, along with historic preservation organizations, are set to appear in court on Tuesday afternoon. Their aim is to temporarily pause President Donald Trump’s initiative to continue the construction of a $300 million ballroom at the site of the now-demolished East Wing. The National Trust filed a lawsuit late last week, […]
Legal action aims to halt the construction of Trump’s White House ballroom project.
President Donald Trump is facing a lawsuit from a historic preservation group that aims to stop the construction of a new ballroom at the White House. The National Trust for Historic Preservation filed a lawsuit on Friday, claiming that the Trump administration failed to carry out required reviews or obtain congressional approval before demolishing the […]
NHL players’ comeback to the Olympics at risk due to arena construction holdups
Concerns surrounding the construction of the main ice hockey venue for the 2026 Milan-Cortina Winter Olympics might delay the much-anticipated return of NHL players to the Games. NHL Deputy Commissioner Bill Daly mentioned that whether NHL players make it to the Olympics hinges on the timely completion of the arena for the men’s competition, scheduled […]
Shortage of 350,000 construction workers limits housing in the US
Labor Shortage Strains U.S. Housing Market As home prices continue to climb and inventory shrinks, a significant reason for this trend is quite apparent. The U.S. simply lacks enough skilled labor to construct the homes that buyers are looking for. Experts have pointed out that this shortage of labor is currently hindering the whole housing […]
$10 billion construction update
New Landmark: One Beverly Hills Project Forget the Hollywood sign. A massive $10 billion construction project is now the newest landmark in Tinseltown, becoming one of the most exclusive addresses in the world. The ambitious One Beverly Hills initiative has kicked off, aimed at transforming 17.5 acres of prime real estate into a luxurious “urban […]
Construction Spending Increases in August, Contrary to Predictions
Construction Spending Shows Unexpected Increase in August The Census Bureau revealed on Monday that construction spending rose in August. In annualized terms, construction spending hit $2.17 trillion, reflecting a 0.2% increase from July’s revised total of $2.165 trillion. This surprising uptick defied forecasts that anticipated a 0.2% decline. The release of this report, which was […]
Construction worker and father of two battling for his life after losing part of his leg in a hit-and-run on I-95 in Massachusetts
A father working in construction had part of his leg amputated after being struck by a hit-and-run driver on a Massachusetts highway early Monday. Law enforcement is actively pursuing leads to track down the driver. David Wachinski, a Pennsylvania resident and father of two, was engaged in work on Interstate 95 in Foxborough around 2:15 […]