Business News

(Press Release) — Docomo Pacific, regional leader in innovation, telecommunications, & entertainment, opens retail store in the FPA building, offering connectivity options to the people of Tinian. Starting Friday, July 22, 2022, all residents and visitors of Tinian are welcome to visit the new …

NEW YORK (Reuters) — U.S. existing home sales fell for a fifth straight month in June to the lowest level in two years, as fast-rising interest rates and record-high selling prices make buying a home too expensive for a growing share of American households. Mortgage interest rates have soared as a …

(Reuters) — U.S. stocks ended higher on Wednesday with the tech-heavy Nasdaq booking a 1.6 % gain on positive earnings signals with a wary eye on inflation and more interest rate hikes by the Fed. Netflix Inc’s shares added 7.4% after the company predicted it would return to customer growth d…

(Reuters) — Andrea Mather’s plans for a long-awaited summer cruise around the Hawaiian islands with her financial analyst husband unraveled after her booking with Norwegian Cruise Line’s Pride of America was canceled due to a staffing shortage. It was the second time this year that the …

(NMC) — Korea House Restaurant is the latest company 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 5% discount in addition to the 20% local discount (excludes ite…

(NMC) — More small business owners in the CNMI are now knowledgeable about securing federal contracts thanks to a HUBZone certification training course conducted by the CNMI Small Business Development Center at Northern Marianas College. HUBZone is a program administered by the U.S. Small Business …

BEIJING/HONG KONG (Reuters) — Asian shares extended a global rally on Wednesday as strong U.S. corporate earnings and the expected resumption of Russian gas supply to Europe helped lift risk-on sentiment and ease fears of a recession, while the dollar was mired at two-week lows. European futures al…

(NMC) — As part of its efforts to build entrepreneurial capacity among women in the Commonwealth, the CNMI Small Business Development Center and the CNMI Women’s Association recently partnered to provide a five-week training course to 20 women entrepreneurs. The women were able to learn about the C…

SEOUL (Reuters) — South Korea’s President Yoon Suk-yeol on Tuesday condemned an “illegal” strike at Daewoo Shipbuilding & Marine Engineering or DSME, raising the possibility of government intervention to break it. Yoon’s remarks come amid heightening tensions at DSMER…

OAKLAND (Reuters) — Truck drivers choked traffic at the Oakland, California, seaport on Monday protesting a state law that makes it harder for independent contractors to transport goods and could limit labor at the state’s already clogged seaports, threatening to worsen the nation’s pan…