Bridget Dandrow-Seritt The Colorado Prescription Drug Affordability Board (PDAB) launched — allegedly — to save patients money on their medications, is creating rules and procedures that not only are unlikely to create real savings but will put Colorado patients through increased bureaucratic hurdles. This issue is literally a life and death one for me. As a…
American Savings Bank’s flagship Maui location includes a new branch and training facilities for island teammates. PC: American Savings Bank. Independent investors have acquired non-controlling interests in American Savings Bank in separate transactions from Hawaiian Electric Industries Inc., the bank announced today. Among other things, HEI said the sale will give it flexibility in making…
HONOLULU (HawaiiNewsNow) – Hawaiian Electric Industries has sold its control of American Savings Bank in a $400 million deal. The transaction is a direct result of wildfires that will cost the company billions in damages to victims. Life of the Land president Henry Curtis, a close observer of Hawaiian Electric, said it’s extremely unusual for…
Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate banking products to write unbiased product reviews. Saving for separate goals helps you…
1/2 Swipe or click to see more STAR-ADVERTISER / APRIL 5, 2019 American Savings Bank’s headquarters at 300 Beretania St. 2/2 Swipe or click to see more COURTESY HEI Scott Seu, president and CEO of Hawaiian Electric Industries Inc. Hawaiian Electric Industries Inc. said today it has closed the deal to sell a 90.1% stake…
The sale to investors allows the company to focus on its core utility business and legislative agenda in response to the Maui wildfires. Hawaiian Electric Industries, Inc., on Tuesday announced the sale of a 90% stake in its American Savings Bank subsidiary to independent investors, through a series of separate agreements, for $405 million in…
TULSA, Okla. — The Tulsa District U.S. Army Corps of Engineers has found a unique and cost-effective solution for managing critical maintenance and construction projects across the district by forming the in-house hub crew. The hub crew, established in April 2023, consists of five members: one supervisor, two operators, and two laborers. This team…
Hawaiian Electric Industries (HEI) has completed the sale of 90.1% of American Savings Bank (ASB) to independent investors for $405 million, valuing the bank at $450 million. The transaction closed on December 31, 2024, with no single investor, including HEI, owning more than 9.9% of the bank’s common stock. The…
By STEPHEN JOHNSON, ECONOMICS REPORTER FOR DAILY MAIL AUSTRALIA Published: 06:14 GMT, 31 December 2024 | Updated: 06:29 GMT, 31 December 2024 Super balances have had the best year since 2021 as Labor plots a new way of increasing taxes on retirement savings. Balanced super options, oriented towards growth assets, enjoyed a 11.5 per cent…
Chris Gampat is the Editor in Chief, Founder, and Publisher of the Phoblographer. He provides oversight to all of the daily tasks, including editorial, administrative, and advertising work. Chris’s editorial work includes not only editing and scheduling articles but also writing them himself. He’s the author of various product guides, educational pieces, product reviews, and…
