(SCC) — Saipan Chamber of Commerce extends its appreciation to Inas’ Kitchen, who has signed as a major “Over Easy” Sponsor of the SCC Two-Man Scramble Scholarship Golf Tournament!
GUAM (Matson) — In celebration of its 25th anniversary of providing service to Guam, the Northern Mariana Islands and Micronesia, Matson today announced a new scholarship fund to help students in the region pursue higher education. The more than $60,000 fund will be distributed over the nex…
(Reuters) — Asian shares hovered near 1-1/2 week highs on Monday helped by expectations monetary policy will remain accommodative the world over, while Covid-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections.
SHANGHAI (Reuters) — Toyota pioneered the world's most successful hybrid car but when it comes to pure electric vehicles it has some catching up to do, especially in China.
(Reuters) — The man known as "Roaring Kitty" on social media, whose online posts helped spark January's trading frenzy in GameStop Corp, exercised call options on the stock to acquire 50,000 more shares at a strike price of $12, Bloomberg reported.
(Reuters) — Swiss billionaire Hansjoerg Wyss has decided to drop out of a group that was bidding for Tribune Publishing Co, the New York Times and Bloomberg News reported on Saturday.
KOROR (Pacific Island Times/Pacnews) — The much-ballyhooed travel bubble between Palau and Taiwan fell flat this week when China Airlines or CAL decided to cancel its weekend flight to Koror due to low demand.
NEW YORK (Reuters) — Coinbase Global Inc was valued at $86 billion at the end of its Nasdaq debut on Wednesday, in a choppy day of trading when its valuation went as high as $112 billion.
WEST COVINA, Ca. (USDOL) — An Orange County roofing company learned recently that failing to comply with federal wage and hour laws can be costly.
CHICAGO (Reuters) — Between 2009 and 2014, Walmart’s Marketplace business, where outside merchants hawk everything from baby blankets to power tools, counted no more than six sellers, and was described by one expert as “in limbo.”
NEW YORK (Reuters) — Bernard Madoff, who was convicted for running the largest known Ponzi scheme in history, died on Wednesday in federal prison where he was serving a 150-year sentence, the Bureau of Prisons said. He was 82.
(Reuters) — After it shut down for two months last year, Jan-Ie Low and her family reduced the hours at their Las Vegas restaurant and converted much of their dining room into a food delivery hub.
WASHINGTON (Reuters) — U.S. consumer prices rose by the most in more than 8-1/2 years in March as increased vaccinations and massive fiscal stimulus unleashed pent-up demand, kicking off what most economists expect will be a brief period of higher inflation.
LONDON (Reuters) — Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the listing of Coinbase shares in the United States.
SINGAPORE (Reuters) — Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing.
ADELAIDE (Australian Broadcasting Corp./Pacnews) — The first 200 international fruit-picking workers will head to the Riverland after touching down in Adelaide ahead of the citrus harvest, with their arrival expected to ease “critical shortages” in the sector.
WASHINGTON (Reuters) — President Joe Biden’s interim regulators are wasting no time unraveling Wall Street-friendly measures introduced under former Republican President Donald Trump, using quick-fix legal tactics.
(Reuters) — MicroStrategy Inc, a major bitcoin corporate backer, said on Monday its non-employee directors will get fees for their services in bitcoin, instead of cash.
PAGO PAGO (RNZ Pacific/Pacnews) — The American Samoa government is working with StarKist Samoa to ease the critical worker shortage at the cannery.
(Reuters) — Amazon.com Inc’s fierce resistance to unionization, skepticism among workers that organizing could get them a better deal and decisions on election parameters all contributed to the apparently lopsided defeat of a labor drive at the company’s warehouse in Bessemer, Alabama, peopl…
BEIJING/HONG KONG (Reuters) — China’s competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behavior, especially among the country’s powerful companies, people with knowledge of the matter told Reuters.
(UA) — United Airlines announced Thursday that its April and May schedule to support Guam’s plan to reopen tourism on May 1. The schedule will include the following routes:
WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but the increase likely understates the rapidly improving labor market conditions as more parts of the economy reopen and fiscal stimulus kicks in.
NEW YORK (Reuters) — The benchmark S&P 500 hit a record high on Thursday, helped by gains in tech-related stocks, a day after the Federal Reserve reiterated its pledge to keep interest rates low until the economic recovery is more secure.
WASHINGTON (Reuters) — The U.S. job market may have picked up steam in March, but the improvement was only a small step towards the Federal Reserve’s threshold for considering reining in its massive support for the economy.
NEW YORK (Reuters) — JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Wednesday the United States could be in store for an economic boom through 2023 if more adults get vaccinated and federal spending continues.
ZURICH (Reuters) — Thomas Gottstein may have acted decisively enough this week to stay as Credit Suisse chief executive, but investors are likely to require more radical action after the bank’s $4.7 billion loss from the Archegos hedge fund scandal.
LONDON (Reuters) — World stocks hit record highs on Tuesday, supported by strong economic data from China and the United States, while currency and bond markets paused after a month of rapid gains in the dollar and Treasury yields.
(Reuters) — Forbes’ annual world’s billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com Inc founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday.
MANILA (Reuters) — Philippine inflation eased for the first time in six months in March as price increases for certain food items slowed down, but it stayed outside the central bank’s target range of 2%-4% for the year.
PHUKET, Thailand (Reuters) — In Thailand, it’s the all-important tourism sector that has jumped to the head of the Covid-19 vaccination line, with the country’s most popular resort island embarking on a mass inoculation program two months ahead of the rest of the country.
SEOUL (Reuters) — South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market.
(Reuters) — Tesla Inc was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts.
WASHINGTON (Reuters) — The U.S. economy created the most jobs in seven months in March as more Americans got vaccinated and the government doled out additional pandemic relief money, marking the start of what could be the strongest economic performance this year in nearly four decades.
(Reuters) — Matt Arnold just spent $5,000 to run help-wanted ads for his company’s five trailer factories scattered from Pennsylvania to Utah.
WASHINGTON (Reuters) — The White House on Thursday rejected the idea of raising gas taxes as a way to pay for President Joe Biden’s $2.3 trillion infrastructure plan, setting the stage for a fight with business groups that are calling for U.S. drivers to foot the bill instead of corporate ta…
WASHINGTON (The Guardian/Pacnews) — Scars from the pandemic will prevent the global economy from making a full recovery, though the impact over the rest of the decade will not be as severe as that of the 2008 financial crisis, the International Monetary Fund has said.
(Reuters) — The S&P 500 on Thursday crossed the 4,000 mark for the first time, as gains in technology shares as well as optimism about a pickup in economic activity helped Wall Street kick off the second quarter on a high note.
WASHINGTON (Reuters) — A measure of U.S. manufacturing activity soared to its highest level in more than 37 years in March, driven by strong growth in new orders, the clearest sign yet that a much anticipated economic boom was probably underway.
(Reuters) — President Joe Biden is expected to allow a proclamation from his Republican predecessor that had blocked many temporary foreign workers from coming into the United States to expire on Wednesday, according to three people familiar with the matter.
WASHINGTON, D.C. (Reuters) — President Joe Biden on Wednesday will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly $2 trillion package to invest in traditional projects like roads and bridges alongside tackling climate change and boosting huma…
NEW YORK (Reuters) — New York lawmakers passed a bill on Tuesday to legalize adult use of marijuana, which will make it the 15th state in the United States to allow recreational use of the drug.
PARIS/WASHINGTON (Reuters) — Real-time data on everything from sit-down restaurant meals to job hirings shows American business and consumers leaping to take advantage of a fast vaccine rollout even as their European counterparts languish in extended lockdowns.
NEW YORK/ZURICH/TOKYO (Reuters) — Global banks may lose more than $6 billion from the downfall of Archegos Capital, sources familiar with trades involving the U.S. investment firm said on Monday, and regulators and investors fear the episode could reverberate more widely.
SEOUL (Reuters) — South Korea’s SK Innovation Co Ltd said on Tuesday it is considering all options including pulling its battery business out of the United States if President Joe Biden does not overturn a trade panel’s decision against it by April 11.
CAIRO (Reuters) — The giant container ship that blocked the Suez Canal for almost a week was fully floated on Monday and traffic in the waterway would resume, the canal authority said in a statement.
NEW YORK (Reuters) — U.S. stock index futures pointed to a lower open for Wall Street on Monday after a surge in the previous session, as global banks said they faced potential losses from a hedge fund’s default on margin calls.
(Reuters) — Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
CAIRO (Reuters) — Dredging and tugging aimed at freeing a mega vessel stuck in the Suez Canal failed on Friday to end a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains for everything from grains to baby clothes.