Business News

NEW YORK (Reuters) — Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth stocks that have led markets higher for years face pressures from regulation, supply-chain snags and rising Treasury yields. Apple Inc, Microsoft Corp, Google …

ORLANDO, Fla. (Reuters) — “Inflation expectations” are probably two of the most important and scrutinized words in financial market and central bank circles, playing, as they do, a pivotal role in determining monetary policy decisions. Unfortunately, they may also be two of the most mea…

DOCOMO Pacific, regional leader in innovation, telecommunications, & entertainment, will not implement 10-Digit dialing in the CNMI on Oct. 24, 2021. The Federal Communications Commission has designated “988” as the service number for the National Suicide Prevention Lifeline effective July 16, …

SINGAPORE (Reuters) — Asian stocks slipped on Thursday as the upbeat mood that carried the Dow Jones and bitcoin to records a day earlier ran out of steam, replaced by fresh worries about the weakening Chinese property sector as a possible default by China Evergrande looms within days. The more cau…

(NMC) — Hyatt Regency Saipan 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 at Hyatt Regency Saipan’s food and beverage ou…

LONDON (Reuters) — The world faces “very prolonged” disruptions to shipping cargo flows, an executive at leading ports operator ICTSI said, as logistical headaches such as truck shortages weigh on backed-up supply chains and rebounding trade drives up volume. Major bottlenecks have form…

(Reuters) — U.S. online holiday spending is expected to grow at its slowest pace in at least eight years, as product shortages, higher prices and lingering pandemic-related uncertainties threaten to put a strain on the shopping season. Adobe Analytics forecast an average 10% growth or $207 billion …

(Reuters) —  J.P. Morgan on Tuesday became the second brokerage in two weeks to cut its forecast for Apple Inc’s iPhone sales for the crucial holiday quarter as the global chip shortage and factory closures in Asia finally catch up to the technology giant. The brokerage trimmed its iPhone rev…

LONDON/NEW YORK (Reuters) — Bitcoin hit a six-month high and was within striking distance of its all-time peak on Tuesday as traders bet the listing of the first bitcoin futures-based U.S. exchange-traded fund could herald investment flows into cryptocurrencies. The ProShares Bitcoin Strategy ETF o…

LONDON (Reuters) — Oil edged lower on Tuesday but remained near multi-year highs as an energy supply crunch continued across the globe, while falling temperatures in China revived concerns over whether the world’s biggest energy consumer can meet domestic heating needs. The Brent crude benchm…