Business News

WASHINGTON (Reuters) — The U.S. Federal Reserve’s hoped-for surge of people into the U.S. job market fell short again in October, with the labor force participation rate now flat for 15 months and continued broad wage gains reflecting what’s become perhaps the key supply “bottlene…

SYDNEY (Reuters) —  Bitcoin rose to a two-and-a-half-week peak on Monday and ether climbed to a fresh record as cryptocurrencies ride higher on a wave of momentum, flows, favorable news and inflation fears. Bitcoin was last up about 3% at $65,121 and ether, which underpins the ethereum network, sat…

BOSTON/GLASGOW (Reuters) — A week into the United Nations’ high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the talks will lead to changes needed for business to play a bigger role in tackling climate change. The business observers pointed…

WASHINGTON (Reuters) — Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to make acquisitions. The office of Sen. Amy Klobuchar, a Democrat who chairs the Senate Judiciary Committee’s antitrust panel, said on Friday that…

(Reuters) — Dubai plans to merge the departments of economy and tourism and hopes to attract 25 million tourists in 2025, Sheikh Hamdan bin Mohamed Bin Rashid Al Maktoum, Dubai’s Crown Prince, said on Twitter on Saturday. Sheikh Hamdan added that Helal Al Marri will be appointed as a general …

BEIJING (Reuters) — China’s foreign exchange reserves in October rose on a monthly basis for the first time since July, official data showed on Sunday, as the dollar slipped against a basket of other major currencies. China’s reserves, the world’s largest, reached $3.218 trillion …

WASHINGTON (Reuters) —  A measure of U.S. services industry activity surged to a record high in October likely as declining Covid-19 cases boosted demand, but businesses remained burdened by snarled supply chains and the resulting exorbitant prices. The significantly improved public health picture …

NEW YORK (Reuters) — The Fed’s well-telegraphed taper announcement has done little to soothe the nerves of some investors, who remain on edge about stubbornly persistent inflation and are looking to trim risk as they prepare for rockier times. The Federal Reserve on Wednesday said it will beg…

(NMC) —  Nam Dae Moon 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 on food and beverage in addition to the 20% local…

(Reuters) — Deere & Co. workers were set to continue their three-week-old strike after they voted to reject a second contract reached between the U.S. tractor maker and the United Auto Workers union that bumped up wages and bonuses, UAW said on Tuesday. The strike will continue and 55% of the w…