Business News

(Reuters) — Major U.S. retailers’ longer return policies, launched during the pandemic this year to lure consumers, could leave them facing much higher costs if shoppers bring back a record-setting $112 billion in gifts bought during the extended holiday shopping season. Retailers entered the…

LONDON (Reuters) — Bitcoin close to $70,000, “memecoins” worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest yet for cryptocurrencies, even by the sector’s volatile standards. Digital assets started the year with a st…

During its Saipan annual employee appreciation party — this year’s theme was “Wild West — at the Ayuyu residence on Dec. 20, 2021, McDonald’s recognized its Employees of the Year for their outstanding job performances, teamwork, and dedication. From left, McDonald’s vice president Joe E. Ayuy…

THE spread of the Omicron variant of Covid-19 has resulted in flight cancellations around the world, including those bound for the CNMI through the Travel Resumption Investment Plan or TRIP. Marianas Visitors Authority Managing Director Priscilla M. Iakopo said nearly 30% of passengers have either …

CITING the hardship caused by the Covid-19 pandemic, the CNMI Marine Sports Association is seeking economic assistance from the Commonwealth government. Nahidul Islam of Sakura Marine Sports Company and an authorized representative of the association said they have sent letters to the Office of the…

TOKYO (Reuters) — Japan’s factory output jumped at the fastest pace on record in November, as easing global supply chain bottlenecks helped car production leap out of its recent slump, lifting prospects for a strong fourth-quarter economic rebound. But while improved manufacturing conditions …

TRIPLE J on Tuesday announced that former Assistant Attorney General Jose Mafnas Jr. is its new corporate counsel. “I am grateful to be a new member of Triple J’s team as it continues to bring exciting developments to communities throughout the Pacific,” Mafnas said in an email to Variety. Ac…

(Reuters) — Apple Inc said on Monday it has closed all of its 12 New York City stores to indoor shopping as cases of the Omicron coronavirus variant surged across the United States. Customers will be able to pick up online orders at the stores, an Apple spokesperson said. The affected stores includ…

NEW YORK (Reuters) — In a more typical time, burnout is an exception. In the era of Covid, it almost feels like the norm. According to Jennifer Moss, organizations should take a hard look in the mirror for fostering cultures of overwork that make things worse. The author, speaker and workplace well…

(Reuters) — Shares of U.S. airlines and other travel-related companies fell on Monday as rising Omicron cases and weather-related problems forced the cancellation of hundreds more flights, leaving travelers stranded across the country during the holidays. Over 800 flights were canceled within, into…