Business News

MICAFE Snack Bar 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 10% discount on food and beverages. Micafe Snack Bar is now a proud NMC ProaP…

GUAM is now playing a major role in international multiplayer gaming as a server and data center hub for OneQode, a global Infrastructure-as-a-Service  company based in Australia. Bilateral network peering between OneQode and IT&E was established in October 2021 and in May, IT&E provided On…

WASHINGTON (Reuters) —  The U.S. economy grew at its slowest pace in more than a year in the third quarter as a resurgence in Covid-19 cases further stretched global supply chains, leading to shortages of goods like automobiles that slammed the brakes on consumer spending. The weaker-than-expected …

WEST COVINA, Ca. (USDOL) — Investigations conducted by the U.S. Department of Labor Wage and Hour Division often reveal violations caused by a misunderstanding of federal law as well as blatant efforts to intentionally shortchange workers and cheat competitors. Yet, investigators in the West Covina…

DETROIT (Reuters) — General Motors Co. said on Wednesday its quarterly profit was hit by the global semiconductor shortage that it sees continuing until late 2022, and offered a full-year profit forecast that disappointed Wall Street, sending shares down more than 3% in premarket trading. The Detro…

(Reuters) — Amazon.com is expected to emerge as a winner in the digital advertising arena, surviving Apple’s privacy changes better than rivals Facebook and Snap. The ecommerce giant’s vast trove of customer shopping data reduces its reliance on tracking info once provided by Apple̵…

HONOLULU (BOH) — Bank of Hawaii Corp. announced that its board of directors has elected Elliot K. Mills to serve on its board of directors, effective Oct. 22, 2021, until the annual election of directors at the bank’s next annual shareholders meeting. With the addition of Mills, Bank of Hawaii Corp…

HONG KONG (Press Release) — AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Tokio Marine Pacific Insurance Limited or TMPI (Guam). The ratings reflect TMPI’s balance sh…

T Galleria Saipan is an official 2021 “Toys for Tots” partner this holiday season. Community members who would like to donate toys to the “Toys for Tots” program can drop off their donation at T Galleria Saipan. The “Toys for Tots” program is a charitable initiative hosted by the U.S. Marine Corps …

(Reuters) — PayPal Inc is not pursuing an acquisition of Pinterest Inc at this time, the payments company said late on Sunday, responding to media reports that it was in talks to buy the digital pinboard site for as much as $45 billion. PayPal shares rose 6.2% to $255.20 in premarket trading on Mon…