Business News

Triple J Opens most modern bed & breakfast in the NMI

(Special Advertising Feature) —  The grand opening of the Tinian Garden Bed & Breakfast facility took place on Tuesday, Oct. 11 hosted by Triple J and attended by Tinian’s Island dignitaries, government officials, business leaders and close friends. Tinian Mayor Edwin P. Aldan congratulated Tri…
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Netflix reverses subscriber slump, shares surge 14%

LOS ANGELES (Reuters) — Netflix Inc reversed customer losses that had hammered its stock this year and projected more growth ahead, reassuring Wall Street as it prepares to offer a new streaming option with advertising. Shares of Netflix jumped 14% in after-hours trading, boosted in part by the str…
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Oil prices stable as economic fears offset supply woes

LONDON (Reuters) — Oil prices were stable on Tuesday as the market balanced cuts to OPEC+ production quotas against fears of economic slowdown and lower Chinese fuel demand. Brent crude futures eased by 7 cents, or 0.08%, to $91.55 a barrel by 1127 GMT while U.S. West Texas Intermediate or WTI crud…
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Fitch slashes US growth forecast for 2022 and 2023: CNN

(Reuters) — Ratings agency Fitch has slashed growth forecasts for the United States for this year and next and will warn on Tuesday that the Federal Reserve’s interest rate hikes and inflation will drive the U.S. economy into a 1990-style recession, CNN said. U.S. GDP is now expected to grow …
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Apple freezes plans to use China’s YMTC chips: Nikkei

(Reuters) — U.S. tech giant Apple Inc has put on hold plans to use memory chips from China’s Yangtze Memory Technologies Co in its products, after Washington imposed tighter export controls against Chinese technology companies, the Nikkei reported on Monday. Apple had originally planned to st…
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Asia shares slip, testing times for UK bonds

SYDNEY (Reuters) — Asian share markets slipped on Monday following another drubbing for Wall Street as investors brace for a further drastic tightening in global financial conditions, with all the risks of recession that brings. Concerns about financial stability added to the corrosive mix with all…
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Time Creation Corporation is latest ProaPerks Partner

(NMC) — Marine recreation company Time Creation Corporation is the latest business to sign on as a Northern Marianas College ProaPerks Partner, joining many other businesses and organizations. All card-carrying members of the NMC ProaPerks program can now receive a 10% discount on Managaha boat tra…
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