How Top Corporations Are Secretly Navigating and Profiting from Shifting Immigration Policies—What They’re Not Telling You Could Change Your Next Investment Move
“We’re not really seeing a material impact on turnover or people showing up to work from day to day,” Cardenas said. “Things fluctuate in our restaurants. But as of now, nothing material on the top line or on labor.”
Hawaiian Electric Industries, Inc.
The likelihood of a policy-driven recession appears to be a major concern in some corners. Hawaiian Electric, the primary electricity provider in Hawaii, said in a Form 10-Q filed in May that it expects recession risks to increase. The company attributed the likelihood of an economic downturn to “federal policies and actions, including trade policies, mass deportations, and spending cuts.” It suggested Hawaii’s economy would enter a “mild recession” later this year or in 2026.
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