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The Honolulu Advertiser
Posted on: Wednesday, September 14, 2005

BUSINESS BRIEFS
Tesoro wins defense contract

Advertiser Staff and News Services

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San Antonio-based Tesoro Refining and Marketing Co., was awarded a maximum $135.7 million to supply jet fuel for the Defense Energy Support Center. A portion of the contract includes Tesoro's refinery at Campbell Industrial Park.

The contract runs through Oct. 30, 2006.


ISLANDS GET BREAK ON S. KOREA VISAS

State and federal officials yesterday announced a cooperative program designed to allow more South Korean honeymooners to visit Hawai'i.

The U.S. Embassy in Seoul said it is dedicating 1,200 visa appointments per month to South Koreans planning to honeymoon in the Islands.

"This honeymoon campaign demonstrates Hawai'i's continued commitment to strengthen our relationship with the people of South Korea and the U.S. Embassy in Seoul," said Gov. Linda Lingle.


WHOLESALE INFLATION JUMPS

WASHINGTON — Surging costs for gasoline and other energy products fueled inflation at the wholesale level in August, pressure that is expected to become even more intense once the full impact of Hurricane Katrina is felt.

The Labor Department said its Producer Price Index, which measures inflation before it reaches the consumer, jumped a sharp 0.6 percent in August following an even bigger 1 percent increase in July.


BANKRUPTCY LAW MAY BE SOFTENED

WASHINGTON — Some Democratic lawmakers and consumer advocates are seeking relief for Hurricane Katrina victims from a new, more stringent bankruptcy law that takes effect next month.

Republicans, who dominate both the House and Senate, are frostier to the plan, while the White House has indicated it is considering the idea.

The changes in the U.S. Bankruptcy Code, which make it harder to erase credit-card and other debt through bankruptcy, affect an estimated 30,000 to 210,000 people nationwide.