Business/In Brief • Oct. 22, 2013

Maui innovators to make presentations

A new program, the Maui Innovation Series, which features short presentations by island innovators in an intimate setting designed to encourage dialogue and networking, will begin Oct. 29.

The event hosted by the Ka Ipu Kukui Fellows Program in collaboration with Cafe Carmen will be from 5:30 to 7:30 p.m. at the cafe at the Maui Research & Technology Park in Kihei.

Presenters will include Michael Snyder, founder and president of Hawaiian Electric Vehicle Network.

Presenters will be given about 15 minutes to share, information with the group. A discussion and question-and- answer session will follow.

Those interested in participating in future monthly events should contact Katie McMillan at or 283-4120.

Cafe Carmen is also offering 10 percent off food and wine purchases for this event. The event is limited to 25 attendees, and admission is on a first-come, first-served basis.

To RSVP go to


First Hawaiian 3Q earnings basically flat

HONOLULU – First Hawaiian Bank said Monday its earnings grew less than 1 percent in the third quarter to nearly $51 million, but profit for the first nine months of 2013 have fallen from the previous year.

Bank officials said earnings of $50.9 million for the July through September period were 0.6 percent more than net income of $50.6 million during the third quarter last year.

But the bank’s net income of $155.4 million for the first nine months of 2013 was 5.1 percent less than the $163.8 million earned during the same time frame last year.