Business News

EMPRESS Beauty Salon & Barber, which will hold a grand opening on Saturday, Sept. 25, offers more than just haircuts. Located on Beach Road, Garapan between National Office Supply and Mariana Lounge, the beauty salon, which had a soft opening on Sept. 4, offers various services at affordable pr…

LONDON (Reuters) — Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers. Some companie…

 HAGÅTÑA (IHFG) — I Hagan Famalåo’an Guåhan Inc. has launched the project, I Metkao Famalao’an Guahan Para Sinestienen Ekunomiha (The Women of Guahan’s Marketplace for a Sustainable Economy), which aims to strengthen indigenous CHamoru women’s economic capacity with three objectives: creating a vir…

(NMC) — Junlyn Salon 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 who purchase the hair coloring service can avail themselves of a free haircut, waxing, or m…

During People Week, McDonald’s recognizes the hard work of its employees while building team morale during a week-long celebration at the restaurants. McDonald’s Employee of 2nd Quarter Norbert Sulapas, Main Store McDonald’s Employee of 2nd Quarter Christopher Loyd Bantolino, Garapan St…

LONDON (Reuters) — Proposed capital rules for banks holding cryptoassets on their books could block lenders from competing in the fast-growing sector, a group of industry lobbying groups said, though they urged watchdogs to act quickly to finalize the regulations. The Basel Committee on Banking Sup…

WASHINGTON (Reuters) — The U.S. current account deficit increased to a 14-year high in the second quarter as businesses boosted imports to replenish depleted inventories amid robust consumer spending. The Commerce Department said on Tuesday the current account deficit, which measures the flow of go…

(NMC) — In celebration of American Business Women’s Day, the CNMI Small Business Development Center at Northern Marianas College will host an online info session featuring several entrepreneurs who will be sharing their experiences, challenges, business tips and money-making habits. The session wil…

HAGÅTÑA (The Guam Daily Post) — The Department of Public Works is preparing the next steps in its efforts to tackle unsafe, derelict buildings. Vince Arriola, DPW director, at the monthly meeting of the Islandwide Beautification Task Force or IBTF, said while the department continues to issue and w…

(Reuters) —  U.S. Federal Reserve officials will lay bare how soon and how often they think the economy will need interest rates rises over the next three years when they release new forecasts at their policy meeting on Wednesday, with investors on alert for a faster pace of tightening. The so-call…