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Hawaii Auto Outlook: 4.4 percent increase in 2011

A new report says production cutbacks by Toyota and Honda after the Japan earthquake and Thai floods hit Hawaii's new vehicle sales especially hard in 2011.

US natural gas supplies fell last week

The nation's natural gas supplies shrank last week, the government said Thursday.

Summary Box: PepsiCo to cut 8,700 jobs

THE NEWS: Pepsico Inc. plans to cut 8,700 jobs, about 3 percent of its 300,000 global work force, in a restructuring. The company also reported fourth-quarter earnings rose 4 percent. Adjusted results beat expectations.

Sales tax holiday considered in Colorado

Clothing and school supplies would be tax-free during an annual Colorado "sales tax holiday" that cleared its first hurdle in the state House Wednesday.

Wholesale inventories rose 1 percent in December

Wholesale businesses increased their stockpiles sharply in December although the gains are expected to slow in coming months, a development that could curb overall economic growth.

    Greek deal to cut spending does not end debt drama

    More than two years after it came clean about its addiction to debt, Greece may finally have begun its long and painful road to recovery.

      Stock futures fall on Greek deal holdup

      U.S. stock futures are following overseas markets lower Friday after Greece's crucial bailout was put on hold by the rest of the eurozone, a day after it seemed that the country had pacified its creditors.

        2 Key Ford leaders to retire, Mulally to stay on

        Two of the architects behind Ford's remarkable turnaround are retiring, and their departures have intensified the guessing game over who will become the next CEO.

          Man pleads guilty over online 'South Park' threat

          A Muslim convert from Brooklyn pleaded guilty Thursday to using a website he founded to post online threats against the creators of the "South Park" television show and others he deemed enemies of Islam.

          Kodak to stop making cameras, digital frames

          Picture it: Save for a few disposable point-and-shoots, Kodak is exiting the camera business.

            Unemployment aid applications near a 4-year low

            The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months.

              ECB keeps interest rates low as recession looms

              The European Central Bank kept its key interest rate at a record low of 1 percent on Thursday as it waits to see if the 17-nation eurozone needs more help to stave off recession.

                $25B settlement reached over foreclosure abuses

                A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.

                Fidelity: 401(k) balances little changed over 2011

                Workers stashed money away in their 401(k) retirement plans at a faster clip last year but didn't get an immediate reward for their savings strategy. Fidelity Investments, the nation's biggest 401(k) administrator, says the average account balance was essentially unchanged in 2011, compared with 2010.

                Pepsico to cut 8,700 jobs; 4Q net rises

                PepsiCo is trying to put some fizz back into its business. The food and drinks maker announced a restructuring on Thursday that includes cutting 8,700 jobs globally and plowing money into advertising drinks like Pepsi and Mountain Dew in North America.

                  Oil falls to near $99 amid Greek bailout talks

                  Oil prices fell to near $99 a barrel Friday in Asia as encouraging news about the U.S. economy was tempered by European demands for Greece to make further spending cuts before getting a new bailout.

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