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Newsflash! Stay-at-home Moms Worth 134k Per Year!
By Tony Thomas
According to a report at Salary.com, a Stay-at-Home Mom is worth 134k per year. I so agree with that. Stay-at-Home Moms have been and always will be the backbone of this society. A bold statement? Sure it is and I stand behind it.

Although their time taking care of the home, the kids, the wash, and much more is very valuable, many of them feel unsatisfied. The pressure of living on a single income often times creeps into their dreams. This backwards world tells us that a mom that gives herself entirely to her family and refuses to work outside the home is just plain lazy. I call it loyalty and honorable. That message is so messed up. It

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Jawa settles lawsuit with Verizon
Jawa and founder Jason Hope have settled a lawsuit with Verizon Wireless regarding claims the premium texting service company was violating the carrier?s terms for businesses. The settlement, which was entered into files of U.S. District Court of Arizona at the end of April, would block Jawa or Hope from offering premium texts without written permission from Verizon, and they cannot do so for at least six months, according to the consent decree filed with the court. Verizon officials said they...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=AeymF0e2lsY:8fYI8E_JDQg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=AeymF0e2lsY:8fYI8E_JDQg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=AeymF0e2lsY:8fYI8E_JDQg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=AeymF0e2lsY:8fYI8E_JDQg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=AeymF0e2lsY:8fYI8E_JDQg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=AeymF0e2lsY:8fYI8E_JDQg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/AeymF0e2lsY" height="1" width="1"/>
Suntech, First Solar weigh in on tariff ruling
Arizona has two of the biggest names in global solar module production separated by about 50 miles, but both First Solar Inc. and Suntech Power Holdings Co. Ltd. have a huge stake in new tariffs levied against Chinese modules coming to the U.S. When the U.S. Commerce Department came down with at least 31 percent tariffs on Chinese companies? modules earlier Thursday, the whole solar industry was talking. Tempe-based First Solar (Nasdaq: FSLR) has tried to stay above the fray for months. It has...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=crGkQ0n7o6I:mjsHim8Hl6Q:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=crGkQ0n7o6I:mjsHim8Hl6Q:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=crGkQ0n7o6I:mjsHim8Hl6Q:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=crGkQ0n7o6I:mjsHim8Hl6Q:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=crGkQ0n7o6I:mjsHim8Hl6Q:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=crGkQ0n7o6I:mjsHim8Hl6Q:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/crGkQ0n7o6I" height="1" width="1"/>
Arizona Technology Council tabs new board members
<img src='http://assets.bizjournals.com/phoenix/print-edition/Vermillion_Chuck*100.JPG?v=1'>The Arizona Technology Council has chosen nine new board members and named Roger Vogel as its new vice chairman. The organization, which represents a wide swath of technology companies in the state, chooses its board members each year. The board?s chairman, OneNeck IT Services CEO Chuck Vermillion, will remain as the board?s leader. New board members are: Chad Eckes, chief information officer, Cancer Treatment Centers of AmericaClark Peterson, CEO, TelesphereJeff Unruh, managing director,...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=8dsimFcBxxo:nJG79brF0sQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=8dsimFcBxxo:nJG79brF0sQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=8dsimFcBxxo:nJG79brF0sQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=8dsimFcBxxo:nJG79brF0sQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=8dsimFcBxxo:nJG79brF0sQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=8dsimFcBxxo:nJG79brF0sQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/8dsimFcBxxo" height="1" width="1"/>
Mitchell narrowly tops Monti in Tempe mayoral race
<img src='http://assets.bizjournals.com/phoenix/news/Mitchell%20mark*100.jpg?v=1'>Mark Mitchell has overtaken restaurant executive Michael Monti in their contentious and tight Tempe mayor?s race. Monti previously held a narrow lead on Mitchell, a Tempe City Councilman and son of former Tempe mayor Harry Mitchell. But the count released this afternoon gives Mitchell a 139-vote win over Monti. Mitchell has 11,351 votes versus 11,212 for Monti, according to the final tally. Monti held a 222-vote lead over Mitchell when the polls closed Tuesday, but some provisional and early...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=vIwNw52-pPM:pP2ACmxTTF8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=vIwNw52-pPM:pP2ACmxTTF8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=vIwNw52-pPM:pP2ACmxTTF8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=vIwNw52-pPM:pP2ACmxTTF8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=vIwNw52-pPM:pP2ACmxTTF8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=vIwNw52-pPM:pP2ACmxTTF8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/vIwNw52-pPM" height="1" width="1"/>
Social Madness nominations are in, now what?
<img src='http://assets.bizjournals.com/phoenix/blog/socialmadness/SocialMadness_logo*100.jpg?v=1'>Nominations have closed for Social Madness presented by Capital One Spark Business, and the Phoenix Business Journal raked in about 150 of them. Now, the fun can begin. For those companies concerned about not hearing an update about the social media competition, fear not! American City Business Journals, our parent company, currently is in the process of reviewing, vetting and approving nominations. Nominated companies will be notified of their approval before the next phase of the competition...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=qTs3xT5WbSU:Q0iatwUfR-k:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=qTs3xT5WbSU:Q0iatwUfR-k:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=qTs3xT5WbSU:Q0iatwUfR-k:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=qTs3xT5WbSU:Q0iatwUfR-k:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=qTs3xT5WbSU:Q0iatwUfR-k:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=qTs3xT5WbSU:Q0iatwUfR-k:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/qTs3xT5WbSU" height="1" width="1"/>
Greg Jamison, NHL move ahead with Phoenix Coyotes sale, but no Glendale vote imminent
<img src='http://assets.bizjournals.com/phoenix/blog/business/Jamison,%20greg_sharks*100.jpg?v=1'>Greg Jamison is taking more steps toward buying the Phoenix Coyotes from the National Hockey League, but there is no action yet scheduled by the Glendale City Council on its portion of the deal. Jamison is slated to sign preliminary sales documents and terms with the NHL later today or Friday. The NHL has owned the Coyotes since buying the team out of Chapter 11 bankruptcy for $140 million in 2009. The NHL, Jamison and Glendale are trying to finalize a sale of the team to keep it playing in the...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=tCMGeoAj8eM:dbhZW8KFtNs:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=tCMGeoAj8eM:dbhZW8KFtNs:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=tCMGeoAj8eM:dbhZW8KFtNs:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=tCMGeoAj8eM:dbhZW8KFtNs:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=tCMGeoAj8eM:dbhZW8KFtNs:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=tCMGeoAj8eM:dbhZW8KFtNs:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/tCMGeoAj8eM" height="1" width="1"/>
Arizona college coaches don't approach 'Coach K' kind of pay
<img src='http://assets.bizjournals.com/triangle/images/Coach%20Mike%20Krzyzewski*100.jpg?v=4'>Major college coaches in Arizona make only a fraction of what Duke University basketball coach Mike Krzyzewski makes, but they still bring home a hefty salary. Tax documents filed by Duke, an affluent, private university in North Carolina, shows that ?Coach K? earned $7.2 million in 2010, including a $3.7 million bonus for winning the NCAA title. That makes Krzyzewski one of the highest paid coaches in college sports. The basketball and football coaches at Arizona State University and the University...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=_sdAAZ2RwtM:bQvpFzgS7z8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=_sdAAZ2RwtM:bQvpFzgS7z8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=_sdAAZ2RwtM:bQvpFzgS7z8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=_sdAAZ2RwtM:bQvpFzgS7z8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=_sdAAZ2RwtM:bQvpFzgS7z8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=_sdAAZ2RwtM:bQvpFzgS7z8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/_sdAAZ2RwtM" height="1" width="1"/>
Dave Krietor retiring from city of Phoenix post
<img src='http://assets.bizjournals.com/phoenix/news/page41_Krietor_David*100.jpg?v=1'>Phoenix city hall veteran Dave Krietor is retiring from city government after 22 years and taking a position with Scottsdale ambulance company Rural/Metro Corp. Krietor is currently deputy city manager and oversees Phoenix Sky Harbor International Airport as well as the city?s fire, planning and economic development departments. He will join Rural/Metro as vice president of government affairs. "We are very excited to welcome him to our team and highly confident that his long and successful career...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=x6yO1G3NG9o:piESEKEhWgc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=x6yO1G3NG9o:piESEKEhWgc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=x6yO1G3NG9o:piESEKEhWgc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=x6yO1G3NG9o:piESEKEhWgc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=x6yO1G3NG9o:piESEKEhWgc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=x6yO1G3NG9o:piESEKEhWgc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/x6yO1G3NG9o" height="1" width="1"/>
Class action deal could bring $39M for Arizona mental health services
After decades of deliberation, Arizona Governor Jan Brewer signed a two-year agreement today with plaintiffs on the Arnold vs. Sarn class action suit, which outlines reforms and allocates $39 million in funding to community-based mental health services, pending court approval. The class action lawsuit was initiated in 1981 when a group sought judgment against the Arizona Department of Heath Services, the Arizona state hospital and Maricopa County Board of Supervisors. The plaintiffs claimed that...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=zJUO7h5IsYk:EkmtiJPFFm8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=zJUO7h5IsYk:EkmtiJPFFm8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=zJUO7h5IsYk:EkmtiJPFFm8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=zJUO7h5IsYk:EkmtiJPFFm8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=zJUO7h5IsYk:EkmtiJPFFm8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=zJUO7h5IsYk:EkmtiJPFFm8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/zJUO7h5IsYk" height="1" width="1"/>
Solar tariffs on Chinese panels will affect Arizona industry
<img src='http://assets.bizjournals.com/phoenix/news/first%20solar%20calilf*100.jpg?v=1'>Arizona?s solar industry may face higher prices for panels, as the U.S. Commerce Department has placed a 31 percent tariff on panels imported from China. It could go as high as 250 percent. The decision, announced Thursday, was undertaken after SolarWorld Industries America Inc. protested what it believed were Chinese-backed companies dumping panels in the U.S. to drive down prices. The case has been working through the Commerce Department and the International Trade Administration for months....<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=IOj99d1dtqc:6ybiX9jCHBc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=IOj99d1dtqc:6ybiX9jCHBc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=IOj99d1dtqc:6ybiX9jCHBc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=IOj99d1dtqc:6ybiX9jCHBc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=IOj99d1dtqc:6ybiX9jCHBc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=IOj99d1dtqc:6ybiX9jCHBc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/IOj99d1dtqc" height="1" width="1"/>


is such a shame that they get people to believe that. Those moms who do end up buying into the lie and then venture outside the home for a job are in for a rude awakening. Bosses are demanding, positions are demanding. The owners want to squeeze out every last cent they can and putting unfair demands on their employees is not unheard of. More often than not, the mom's family, which was once on solid ground, is now resting on sinking sand.

My wife is a full-time Stay-at-Home Mom and I know the hours she puts in. There are not that many hours in a day to do what she does and keep our home running, while dedicating herself to a job outside the home. It's like pushing a marshmellow through a keyhole. Something has to give and it tends to be the family. 24 hours of time cannot fit on a 12-hour clock. The numbers go from one to 12 and no further, no matter how bad you want them to.

The solution is a home-based business where a "household engineeer" can put in a couple hours a week from the comfort of her own home and bring some extra money into the family's bank account. Or maybe to get some extra spending money. Lord knows, you deserve it, ladies!

Forget the pressures and stress of a job outside your home. 134k a year? I say you're worth more. A good solid home-based business that revolves around something you love to do would be a perfect fit if you're feeling antsy. Whatever you do, don't give up your family. They are worth it and you are blessed because of your loyalty to them.


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An official with the National Telecommunications and Information Administration told congressional staffers this week that government agencies can't be expected to use spectrum as efficiently as private companies, Nextgov reported.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=JAS51_dGipA:BTQbOy-kUHA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=JAS51_dGipA:BTQbOy-kUHA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=JAS51_dGipA:BTQbOy-kUHA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=JAS51_dGipA:BTQbOy-kUHA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=JAS51_dGipA:BTQbOy-kUHA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=JAS51_dGipA:BTQbOy-kUHA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=qj6IDK7rITs" border="0"></img></a> </div>
Head of VA Acquisition Academy to step down
Lisa Doyle, chancellor of the Veterans Affairs Acquisition Academy, is leaving her position in June to become the new vice president of learning and development at Lowe's Co., Federal Computer Week reported. Doyle opened the academy in 2008 as a school focused specifically on acquisition interns. It has grown to a school of multiple courses of training, including program management.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=gfcpPLAhLDg:j-CM4OTSb6U:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=gfcpPLAhLDg:j-CM4OTSb6U:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=gfcpPLAhLDg:j-CM4OTSb6U:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=gfcpPLAhLDg:j-CM4OTSb6U:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=gfcpPLAhLDg:j-CM4OTSb6U:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=gfcpPLAhLDg:j-CM4OTSb6U:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=qj6IDK7rITs" border="0"></img></a> </div>
VA's Jan Frye stirs debate with reverse auction explanation
When the Veterans Affairs Department's Jan Frye temporarily halted and then re-established the reverse auction method for buying commodities and services, he explained that his issue was that contracting officers might be putting too much reliance on private company FedBid, which runs the auctions, Federal Computer Week reported.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=cIZ_qQjYJkc:Tj_CIWi5Wv8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=cIZ_qQjYJkc:Tj_CIWi5Wv8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=cIZ_qQjYJkc:Tj_CIWi5Wv8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=cIZ_qQjYJkc:Tj_CIWi5Wv8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=cIZ_qQjYJkc:Tj_CIWi5Wv8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=cIZ_qQjYJkc:Tj_CIWi5Wv8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=qj6IDK7rITs" border="0"></img></a> </div>
USPS to start closing plants in August
The U.S. Postal Service will start consolidating its mail sorting facilities in August and spread the closing of 229 locations over the course of the next two years. When completed, the consolidations will eliminate 28,000 jobs and save the Postal Service $1.2 billion a year. The Postal Service will close 140 facilities through February 2013 and an additional 89 facilities in 2014.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=n6DrbiqufDk:QhsKWlBQJC8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=n6DrbiqufDk:QhsKWlBQJC8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=n6DrbiqufDk:QhsKWlBQJC8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=n6DrbiqufDk:QhsKWlBQJC8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=n6DrbiqufDk:QhsKWlBQJC8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=n6DrbiqufDk:QhsKWlBQJC8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=qj6IDK7rITs" border="0"></img></a> </div>
Why the new F-22 restrictions ring hollow
Defense Secretary Leon Panetta has slapped restrictions on the Air Force's F-22 fighter fleet amid safety concerns, but insiders say they aren't that confining, according to U.S. News &amp; World Report. Spurred by warnings after nearly a dozen cases of pilots losing consciousness mid-flight, Panetta has restricted the distances the advanced jets can fly and ordered a fleet-wide installation of an automatic backup oxygen system. Panetta stopped short, though, of grounding the entire fleet of 188...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=u-F3r5uPS6k:VNdbzL6ZO8I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=u-F3r5uPS6k:VNdbzL6ZO8I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=u-F3r5uPS6k:VNdbzL6ZO8I:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=u-F3r5uPS6k:VNdbzL6ZO8I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=u-F3r5uPS6k:VNdbzL6ZO8I:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=u-F3r5uPS6k:VNdbzL6ZO8I:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=qj6IDK7rITs" border="0"></img></a> </div>
CSC loses $158 million in 'very poor' quarter
Falls Church-based Computer Sciences Corp. fell into the red in its latest quarter, one which CEO Mike Lawrie candidly described as "very poor." CSC posted a net loss of $158 million, or $1.02 per diluted share, in the fiscal 2012 fourth quarter ended March 30. That compares with net income of $171 million, or $1.09 per diluted share, in the year-ago period, the company said in a statement released Thursday.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=0F2KWuUCcfE:Fa6oOigSKlo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=0F2KWuUCcfE:Fa6oOigSKlo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=0F2KWuUCcfE:Fa6oOigSKlo:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=0F2KWuUCcfE:Fa6oOigSKlo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=0F2KWuUCcfE:Fa6oOigSKlo:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=0F2KWuUCcfE:Fa6oOigSKlo:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=qj6IDK7rITs" border="0"></img></a> </div>
USAF chief raps report on cutting nuke arsenal
The top uniformed U.S. Air Force official criticized a report conducted by former Marine Gen. James Cartwright, who oversaw the U.S. military?s nuclear weapons during his military career and retired last year as the vice chairman of the Joint Chiefs of Staff, that recommends the U.S. reduce its nuclear stockpile, Defense News reported. The study called for cutting the strategic nuclear stockpile to 900 warheads. The report also calls for eliminating U.S.-based intercontinental ballistic missiles,...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=iGq1LGO8uUw:u23K2wP-GAY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=iGq1LGO8uUw:u23K2wP-GAY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=iGq1LGO8uUw:u23K2wP-GAY:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=iGq1LGO8uUw:u23K2wP-GAY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=iGq1LGO8uUw:u23K2wP-GAY:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=iGq1LGO8uUw:u23K2wP-GAY:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=qj6IDK7rITs" border="0"></img></a> </div>
Senate committee approves OFPP nominee, four other bills
The Senate Homeland Security and Governmental Affairs Committee nearly unanimously approved Joe Jordan as the next administrator of the Office of Federal Procurement Policy, with the nomination now going to a vote of the full Senate, Federal News Radio reported. The committee also approved the Keeping Politics out of Federal Contracting Act.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=XAu2Qq3AlCk:3yTqKDXlGOI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=XAu2Qq3AlCk:3yTqKDXlGOI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=XAu2Qq3AlCk:3yTqKDXlGOI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=XAu2Qq3AlCk:3yTqKDXlGOI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=XAu2Qq3AlCk:3yTqKDXlGOI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=XAu2Qq3AlCk:3yTqKDXlGOI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=qj6IDK7rITs" border="0"></img></a> </div>
Northrop Grumman tests out new 13.3 kW 'Gamma' laser cannon
Northrop Grumman Corp. has test-fired its next-generation Firestrick solid-state laser, called Gamma, to get a better idea of its potential as a weapon, Mobile Magazine reported.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=2XrZ2O-gTyc:cclcnZcQ5YE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=2XrZ2O-gTyc:cclcnZcQ5YE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=2XrZ2O-gTyc:cclcnZcQ5YE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=2XrZ2O-gTyc:cclcnZcQ5YE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_washington?i=2XrZ2O-gTyc:cclcnZcQ5YE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_washington?a=2XrZ2O-gTyc:cclcnZcQ5YE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_washington?d=qj6IDK7rITs" border="0"></img></a> </div>


FTA gives Honolulu OK for rail precasting yard
<img src='http://assets.bizjournals.com/pacific/honolulu%20rail%20transit%20logoNEWS*100.jpg?v=1'>The Federal Transit Administration has given the Honolulu Authority for Rapid Transportation the green light to spend $21.8 million for work that includes a precasting yard to create concrete for the rail project?s guideway. The FTA has already given HART the approval to spend $184.7 million on a few sections of the Honolulu rail project, a maintenance and storage yard near Leeward Community College and three rail stations in Waipahu. Construction on the project started last month. The $5.17...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=kyrxZH0uqf0:MUNmw5mvlLY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=kyrxZH0uqf0:MUNmw5mvlLY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=kyrxZH0uqf0:MUNmw5mvlLY:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=kyrxZH0uqf0:MUNmw5mvlLY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=kyrxZH0uqf0:MUNmw5mvlLY:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=kyrxZH0uqf0:MUNmw5mvlLY:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>
Conde Nast Traveler ranks Maui spa best Hawaii resort spa
<img src='http://assets.bizjournals.com/pacific/news/Spa_Travassa_Hana*100.jpg?v=1'>Spa at Travaasa Hana was named the top resort spa in Hawaii for the second year in Conde Nast Traveler?s 2012 spa poll. The spa earned an overall score of 98.5 and had perfect scores of 100 for treatments and facilities. ?This recognition is a testament to our distinct spa and wellness services, hard work of our spa employees, and the timeless healing energy of Hana,? General Manager Danny Mynar said in a statement. The Four Seasons Resort Lanai?s The Lodge at Koele took second place on...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=JK8qv176tVk:lgMr5FFNKTs:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=JK8qv176tVk:lgMr5FFNKTs:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=JK8qv176tVk:lgMr5FFNKTs:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=JK8qv176tVk:lgMr5FFNKTs:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=JK8qv176tVk:lgMr5FFNKTs:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=JK8qv176tVk:lgMr5FFNKTs:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>
Hawaii jobless rate edges downward to 6.3 percent in April
Hawaii?s seasonally adjusted unemployment rate fell to 6.3 percent in April, compared with 6.6 percent a year ago, the state Department of Labor and Industrial Relations said Thursday. The statewide jobless rate last month was also lower than the March unemployment rate of 6.4 percent. The national seasonally adjusted unemployent rate for April was 8.1 percent, down from 9 percent a year ago. There were 614,400 people employed in Hawaii in April and 41,350 unemployed, for a total seasonally...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=CYFwDtsNF3U:7GAxMw6WWoQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=CYFwDtsNF3U:7GAxMw6WWoQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=CYFwDtsNF3U:7GAxMw6WWoQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=CYFwDtsNF3U:7GAxMw6WWoQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=CYFwDtsNF3U:7GAxMw6WWoQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=CYFwDtsNF3U:7GAxMw6WWoQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>
Navy?s USS Carl Vinson stops in Hawaii before ?tiger cruise?
<img src='http://assets.bizjournals.com/pacific/blog/USS_Carl_Vinson_Pearl_Harbor_courtesy*100.jpg?v=1'>Sure, Pearl Harbor and the waters around Hawaii won?t be buzzing with a huge increase in naval activity for another six weeks when the Rim of the Pacific exercises get underway, but apparently the Navy just couldn?t wait until then to show off its military muscle. The USS Carl Vinson aircraft carrier pulled into port this week, while another carrier, the USS Nimitz, will be coming here for RIMPAC, along with ships and aircraft from 21 other countries. But this wasn?t just an ordinary visit...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=mxVdfCwnf7g:dKfeNWbLfJk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=mxVdfCwnf7g:dKfeNWbLfJk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=mxVdfCwnf7g:dKfeNWbLfJk:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=mxVdfCwnf7g:dKfeNWbLfJk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=mxVdfCwnf7g:dKfeNWbLfJk:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=mxVdfCwnf7g:dKfeNWbLfJk:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>
Hawaii to feel effects of Chinese solar panel tariffs
Hawaii?s fast-growing solar industry will feel the impact of the U.S. Department of Commerce?s decision Thursday to impose tariffs of more than 30 percent on photovoltaic panels imported from China ? most likely in the form of higher prices. This is in addition to the Commerce Department?s 2.9 percent to 4.73 percent tariff announced in March. The tariffs are retroactive to 90 days before the decision. But according to Andrew Yani, spokesman for the Hawaii Solar Energy Association, there...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=JPY5kVxo2H4:khUpyMwJG1w:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=JPY5kVxo2H4:khUpyMwJG1w:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=JPY5kVxo2H4:khUpyMwJG1w:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=JPY5kVxo2H4:khUpyMwJG1w:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=JPY5kVxo2H4:khUpyMwJG1w:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=JPY5kVxo2H4:khUpyMwJG1w:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>
Hawaii sues to bar Skechers USA from making health claims
<img src='http://assets.bizjournals.com/nashville/news/SkechersShoeNSH*100.jpg?v=1'>The state of Hawaii has joined in the Federal Trade Commission?s $40 million settlement with Skechers USA Inc. over the company?s health claims about its ?toning shoes? in advertisements that starred such celebrities as Kim Kardashian and Joe Montana. The Hawaii Office of Consumer Protection filed a lawsuit in 1st Circuit Court on Wednesday seeking to bar Skechers from making claims that its Shape-ups, Tone-ups and Resistance Runner shoes cause wearers to lost weight, burn calories and improve...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=3OI7Gm2zrMo:a8DbIipi_xo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=3OI7Gm2zrMo:a8DbIipi_xo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=3OI7Gm2zrMo:a8DbIipi_xo:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=3OI7Gm2zrMo:a8DbIipi_xo:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=3OI7Gm2zrMo:a8DbIipi_xo:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=3OI7Gm2zrMo:a8DbIipi_xo:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>
Postal Service will close processing plants, none in Hawaii
The U.S. Postal Service said Thursday that it will begin closing 48 mail processing plants on the Mainland this summer as part of a cost-cutting plan to trim $1.2 billion from the agency?s budget in response to a declining volume of mail. The Postal Service said it would consolidate a total of 140 mail processing facilities through February 2013 during the first phase of a modified plan to consolidate a total of 461 locations. Following the summer closings, another 92 processing centers will be...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=C2M3RvBHgUQ:8VtnQgf1kVc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=C2M3RvBHgUQ:8VtnQgf1kVc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=C2M3RvBHgUQ:8VtnQgf1kVc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=C2M3RvBHgUQ:8VtnQgf1kVc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=C2M3RvBHgUQ:8VtnQgf1kVc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=C2M3RvBHgUQ:8VtnQgf1kVc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>
Barnwell leads Hawaii stocks on down day on Wall Street
Barnwell Industries stock gained 5 percent Thursday on a day when most Hawaii stocks followed the broader markets to close lower. The Dow Jones Industrial Average lost 156.06 points, or 1.24 percent, to close at 12,442.49, while the Nasdaq lost 60.35 points, or 2.10 percent, to close at 2,813.69. Gainers: Barnwell Industries Inc. (AMEX: BRN) closed at $3.14, up 14 cents, or 4.64 percent; Central Pacific Financial Corp. (NYSE: CPF) closed at $13.28, up 1 cent, or 0.08 percent. Losers: Alexander...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=NIGYyU7ewWA:oRdGLCwBGHY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=NIGYyU7ewWA:oRdGLCwBGHY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=NIGYyU7ewWA:oRdGLCwBGHY:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=NIGYyU7ewWA:oRdGLCwBGHY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=NIGYyU7ewWA:oRdGLCwBGHY:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=NIGYyU7ewWA:oRdGLCwBGHY:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>
Initial unemployment claims fall sharply in Hawaii
The number of initial unemployment claims filed in Hawaii last week dropped 31 percent when compared to the same week last year, according to the state Department of Business, Economic Development and Tourism. There were a total of 1,707 initial jobless claims filed during the week ending May 12, which was 31.1 percent fewer than the 2,476 claims filed during the same week last year, the state said. All four counties saw drops of more than 25 percent, with Kauai reporting fewer than half the number...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=9jgkO_3OKqQ:QPM86PTmlq0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=9jgkO_3OKqQ:QPM86PTmlq0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=9jgkO_3OKqQ:QPM86PTmlq0:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=9jgkO_3OKqQ:QPM86PTmlq0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=9jgkO_3OKqQ:QPM86PTmlq0:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=9jgkO_3OKqQ:QPM86PTmlq0:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>
Hawaii gas prices dip a penny, still highest in the nation
The statewide average price of gasoline in Hawaii slipped a penny since last week to $4.54 for a gallon of regular unleaded, according to AAA Hawaii?s Weekend Gas Watch. The price was 6 cents lower than a month ago and 13 cents less than a year ago, but still the highest in the nation. Second-place Alaska saw a 13-cent increase over the past week to $4.48, which brought it within 6 cents of Hawaii?s statewide average. ?There a bit more price relief again this past week for Hawaii motorists,?...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=HbJJOqGMdgs:ke55302Owv0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=HbJJOqGMdgs:ke55302Owv0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=HbJJOqGMdgs:ke55302Owv0:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=HbJJOqGMdgs:ke55302Owv0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?i=HbJJOqGMdgs:ke55302Owv0:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_pacific?a=HbJJOqGMdgs:ke55302Owv0:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_pacific?d=qj6IDK7rITs" border="0"></img></a> </div>


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