Oracle billionaire Larry Ellison buys a Hawaiian island

While Moody's downgrades 15 more banks in the world, it is still possible for a billionaire to buy a whole Hawaiian Island - Lanai to be exact.

The co-founder and CEO of software company Oracle Corporation, Ellison is the third richest man in the U.S., with an estimated worth of $36.5 billion.

He is now planning to buy 98% of Lanai, which is the sixth largest of the Hawaiian Islands... read full article.

Hawaii is the first US state to ban plastic bags

The option to choose paper or plastic is officially coming to an end in sunny Hawaii, the first U.S. state to ban plastic bags.

A bill was approved in December 2011 to ban the use of plastic bags on the Big Island. Now the whole state is following through with this ecological ban.

People will need to take reusable bags when shopping for their groceries in every city and unincorporated area in the Hawaiian islands.

Paper bags will still be in use as long as they are biodegradable, as they don't have the same negative impact as plastic on wildlife and the eco-system.... read full article.