Pacific Business News

A Maui-based technology fund called mbloom LLC, the first early-stage fund of its kind in Hawaii, said Tuesday that it secured $10 million through a public-private partnership formed with Hawaii State Development Corp. and East Coast-based hedge...

Gov. Neil Abercrombie said Tuesday that Hawaii’s solid financial position will allow lawmakers to focus on such initiatives as expanding funding for preschool, providing tax relief for seniors and increasing the minimum wage.

Hawaii’s lack of apartment inventory “stumped” investors in 2013, according to a market summary report from Apartment Advisors, even as the average price for an apartment jumped 29 percent during the fourth quarter.

The California auto mechanic and yacht club commodore who teamed up with Oracle Corp.’s billionaire CEO, Larry Ellison, to win the oldest trophy in international sports, the America’s Cup, will be the keynote speaker at the Better Business Bureau...

The Energy Excelerator said Tuesday that it is hosting a group of experienced entrepreneurs, investors, corporate partners and policy makers from Thursday through Jan. 30 as a kickoff to the Hawaii-based startup program’s six-month effort during...

Vantaggio HR Ltd. is planning to launch a new initiative to benefit small business owners in Hawaii by the spring after seeing a gap that needed to be filled in the local market.

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Kuakini Health System will receive $5.8 million in energy-efficient upgrades to its nonprofit hospital, Kuakini Medical Center in Honolulu, through a contract with California-based financing company Metrus Energy Inc.

The Kauai Island Utility Cooperative said Tuesday that 11 candidates, including four incumbents, will compete for three seats on its board of directors in an election scheduled for March 8.

One-third of single-family homes on Oahu sold for above their asking prices in 2013, setting a record for the island, according to a report from Honolulu-based Prudential Locations.