Tesla moves to block release of Austin robotaxi documents
The news agency in February requested communications between Tesla and Austin officials over the previous two years. Read more
Business
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U.S. job growth slows as tariffs, labor force drop stir concern
The ebbing labor market momentum reported by the Labor Department today was underscored by sharp downward revisions that showed 95,000 fewer jobs were added in March and April than previously estimated over the two-month period. Read more
Japan eases demand for U.S. auto tariff repeal
Japan’s chief tariff negotiator, Ryosei Akazawa, is in Washington for a fifth round of talks with U.S. officials, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. Read more
Wall Street ends down as Tesla slumps 14% on Trump-Musk feud
The stock has fallen four out of the last five sessions. The company lost about $150 billion in value after Trump and Musk began their verbal war. Read more
Trump budget bill would kill home solar tax credits
A provision, inserted shortly before the bill passed the House of Representatives on May 22, risks stifling a sector that buys American-made equipment, employs thousands of people and relieves strain on the grid, according to industry backers. Read more
Gamers line up for Nintendo Switch 2 on launch day
The Switch 2 bears many similarities with its predecessor but offers a larger screen and improved graphics and debuts with titles including “Mario Kart World.” Read more
GOP megabill could drive up already rising power bills
A study commissioned by the association found that repealing the clean electricity credits could cause power prices to surge more than 13% in states like Arizona, Kansas, New Jersey and North Carolina and lead to thousands of job losses nationwide by 2032. Read more
U.S. doubles metals tariffs as deadline for trade deals hits
The increase applies to all trading partners except Britain, the only country so far to strike a preliminary trade agreement with the U.S. during a 90-day pause on a wider array of Trump tariffs. Read more
Tesla protesters claim a victory as Musk leaves Trump’s side
The campaign at Tesla sites began in February after Joan Donovan, a sociology professor at Boston University, gathered friends to hold a demonstration at a Tesla showroom in Boston and posted a notice about her plan on Bluesky using the hashtag #TeslaTakedown. Read more
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Americans slow to book summer travel amid deal hunting
Americans are scaling back travel plans from flights to drives or waiting to book only if the price is right, a tell-tale sign of an industry slowdown that’s got travel companies worried. Read more
Dollar dips as tariff worries resurface
The U.S. currency slipped after Trump said on Friday he planned to double duties on imported steel and aluminum to 50% starting on Wednesday, and as Beijing hit back against accusations it violated an agreement on critical minerals shipments. Read more
Temu’s U.S. users plunge 58% after tariff loophole closes
Temu, along with fast-fashion giant Shein, had utilised that provision for years to drop-ship items directly from suppliers in China to consumers in the U.S., keeping prices low. Read more
Tesla execs questioned Musk after denial of $25K EV cancellation
The executives knew that Musk had, in fact, canceled the low-cost vehicle, which many investors called the Model 2, and pivoted Tesla to focus on self-driving robotaxis, the people said. Read more
Hawaii lawmakers provide $25M for Big Island health center
The estimated cost of the project is $60 million, and the state previously set aside $9 million for the facility. Read more
Emirates airline boss sees positive progress at troubled Boeing
Emirates President Tim Clark said he was seeing a greater degree of determination from Boeing to resolve its many issues under a recently appointed CEO, and management had indicated cautious optimism over its recovery in discussion with Emirates. Read more
Kaiser to purchase Maui News campus in Wailuku
The property is next to the Kaiser Permanente Wailuku Medical Office and northwest of Maui Memorial Medical Center. Read more
Travel industry veterans launch management firm
Hospitality veterans Elliot Mills and Jerry Gibson on Thursday launched a new asset management firm, Hawai‘i Hospitality Group, which will focus on hotel, resort and tourism-aligned real estate across the islands. Read more
Construction ready to begin on affordable housing project near Ala Moana
JL Capital has officially broken ground on Amana Lofts, a new affordable housing development at 765 Amana St. that will bring 64 rental units to Honolulu’s urban core. Read more
Trump says he plans to double steel tariffs to 50%
The tariffs would apply to millions of tons of steel and aluminum imports from Canada, Brazil, Mexico, South Korea and other countries that had been entering the U.S. duty-free. Read more
U.S. consumers pulling back spending; inflation slowing for now
The report from the Commerce Department today suggested the economy struggled to rebound early in the second quarter after contracting in the January-March quarter for the first time in three years. Read more
Taylor Swift regains rights to her original music catalog
Taylor Swift announced today that she had reacquired the rights to her early recordings, six years after music executive Scooter Braun bought her old record label (and with it, control of Swift’s first six studio albums). Read more
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More Business
Tesla moves to block release of Austin robotaxi documents
U.S. job growth slows as tariffs, labor force drop stir concern
Japan eases demand for U.S. auto tariff repeal
Wall Street ends down as Tesla slumps 14% on Trump-Musk feud
Trump budget bill would kill home solar tax credits
