Business News

(Reuters) — Ford Motor said on Monday it will take a $19.5 billion write-down and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry’s retreat from battery-powered models in response to the Trump administration’s policies and weakening EV d…

BARRIGADA, Guam (Press Release) — Guam Business Magazine is pleased to announce the nominees for the 2025 Guam Business Magazine Executive of the Year.

(SCC) — The Saipan Chamber of Commerce is delighted to announce its most anticipated annual celebration, the 2025 Business Person of the Year & Board of Directors Installation Gala, taking place on Saturday, Jan. 31, 2026, from 6 p.m. to 10 p.m. at the elegant Kensington Hall, Kensington Hotel …

(NMC-CTI) — The CNMI Innovation Incubator Program is continuing its mission to strengthen the entrepreneurial landscape in the Northern Marianas. The program will launch its first of its series of strategic business training sessions on Dec. 13, 2025, with a workshop on Business Planning and Strate…

(Reuters) — An acute global shortage of memory chips is forcing artificial intelligence and consumer-electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components that allow devices to store data. Japanese electronics stores have begun limiting h…

WASHINGTON (Reuters) — U.S. manufacturing contracted for the ninth straight month in November, with factories facing slumping orders and higher prices for inputs as the drag from import tariffs persisted.

TOKYO/NEW DELHI/PARIS (Reuters) — Global airlines scrambled to fix a software glitch on Airbus A320 jets on Saturday as a partial recall by the European planemaker halted hundreds of flights in Asia and Europe and threatened U.S. travel over the busiest weekend of the year.

(Reuters) — AI-powered shopping tools helped drive a surge in U.S. online spending on Black Friday, as shoppers bypassed crowded stores and turned to chatbots to compare prices and secure discounts amid concerns about tariff-driven price hikes.

(Reuters) — For Matt Hassett, founder of New York-based sleep wellness brand Loftie, the year-end holiday rush has always kept him on his toes.

BEIJING/SINGAPORE (Reuters) — Oil prices climbed on Wednesday after sliding to a one-month low in the previous session, though an expected supply glut and a potential Russia-Ukraine peace deal capped gains.