Business News

(Society for Human  Resource Management) — The SHRM CNMI chapter will host a general membership meeting at the Regency Ballroom of Hyatt Regency Saipan on Thursday, May 26, 2022, starting at 8 a.m. Doors will open at 7:30 a.m. This meeting will feature the  CW-1 touchback provisions  as presented b…

HAGÅTÑA (BoG) — Bank of Guam is proud to announce that Kazzandra Ruaro, Bank Secrecy Act  and Anti-Money Laundering Support Manager, has earned the Certified Anti-Money Laundering Specialist certification. This credential is the gold standard in Anti-Money Laundering certifications and recognized i…

MANGILAO (UOG) — Seven sustainability-focused business ideas from teams representing the CNMI, Guam, Palau, Pohnpei, and Yap came out of the Startup Weekend Micronesia “Solve 2Day, Evolve 2Morrow” event hosted online from April 27 to 29. The event was hosted by the University of Guam Entrepreneur S…

TUMON, Guam (Press Release) — Edward G. Untalan, executive vice president and Guam-CNMI region manager of First Hawaiian Bank, was named the 2021 Guam Business Magazine Executive of the Year at the well-attended Guam Business Magazine Executive of the Year award Reception held Saturday night, May 7…

(Reuters) — Wall Street’s main indexes extended losses on Friday as investors worried that the Federal Reserve will need to be more aggressive than expected in raising interest rates to combat inflation. The tech-heavy Nasdaq registered its lowest close since 2020, notching a fifth straight w…

ON Mother’s Day, May 8, show your love to a very important woman in your life by bringing her to 360 Revolving Restaurant. “We don’t have buffets for Mother’s Day because it’s a special day and if we let moms walk to the line and get their own food, then they are not being t…

WASHINGTON (Reuters) — New claims for U.S. unemployment benefits increased to a more than two-month high last week, but remained at a level consistent with tightening labor market conditions and further wage gains that could keep inflation hot for a while. The report from the Labor Department on Th…

(Reuters) — Wall Street’s main index fell sharply on Thursday in a broad-based selloff as the Federal Reserve’s less hawkish tone failed to ease investors’ expectations of bigger interest rate hikes this year to tame surging inflation. The Nasdaq dropped 5% and the S&P 500 loo…

(NMC) — Pacific Home Appliances 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 5-10% discount on air-conditioners and refrigerators. Pacific …

McDonald’s Saipan employees joined the islandwide beach cleanup on April 22, 2022.  Marcia Ayuyu, owner/operator, said McDonald’s “always encourages our employees to participate and support community improvement events.”