Business

CAL brings comfort to higher level
 
Continental Airlines announced details of a new 180-degree lie-flat seat for the BusinessFirst cabin on its Boeing 787, 777 and 757 aircraft. Customers will begin seeing lie-flats seats on Boeing 777 aircraft that primarily serve trans-Atlantic and trans-Pacific routes in the fall of 2009, with installation on Continental's 757-200 fleet beginning in 2010 and on its Boeing 787 fleet as the aircraft are delivered to Continental.
 
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BankPacific promotes 5 key staff
 
Five key BankPacific employees climbed the corporate ladder, according to company president Philip Flores who officially announced the following well-earned promotions:
 
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FHB posts record 1st half earnings
 
First Hawaiian Bank reported net income of $55.1 million for the second quarter of 2008, an increase of 6.2% over the second quarter of 2007, according to an announcement today by Don Horner, president and chief executive officer.
 
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A step toward repairing the damage
 
President Bush signed into law a housing bill passed by Congress aimed at stabilizing the shaky housing market.
 
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Nonemployer business receipts Near $1T
 
In 2006, more than 20.7 million U.S. businesses without a payroll had a total revenue of more than $970 billion, the U.S. Census Bureau announced.
 
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