Stocks Making the Biggest Premarket Moves: CAKE, SHW, MMM

Stocks Making the Biggest Premarket Moves: CAKE, SHW, MMM

See the companies making headlines before the bell. Cheesecake Factory — Shares gained more than 3% after activist investor JCP Investment Management took a stake in the company and asked it to consider spinning off three of its brands into a separate company. General Motors — Shares fell slightly even after the automaker reported third-quarter … Read more

Council urges state to act on rising property insurance premiums

Council urges state to act on rising property insurance premiums

A Honolulu City Council resolution wants state lawmakers to address what it sees as “drastic” increases in property insurance premiums paid by Oahu homeowners, particularly for those who own condominiums. Council Member Val Okimoto’s Resolution 242, considered today at 1 p.m. by the Council’s Committee on Executive Matters and Legal Affairs, asserts that devastating weather-related … Read more