Business News

Yellen backs reappointing Powell as Fed chair: Bloomberg

(Reuters) — U.S. Treasury Secretary Janet Yellen has told senior White House advisers she backs reappointing Jerome Powell as U.S. Federal Reserve Chair, whose term expires in February, a Bloomberg News reporter wrote on Twitter. President Joe Biden has not made a decision and will likely weigh in …
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CUC: CNMI Stimulus Visa Card accepted for payment

(CUC) — The  CNMI  Stimulus Visa Card  is  accepted  by the Commonwealth  Utilities Corp. for payment of utility bills, installation and other fees  and charges, including pre-pay load. Due to the local restrictions  of the CNMl Stimulus Visa Card, customers are unable to purchase prepay electric u…
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Guam Visitors Bureau balks at $25M in airline subsidies

HAGÅTÑA (The Guam Daily Post) — Guam is a much safer place to visit now than last year as it has so far reached 78% full vaccination among vaccine-eligible individuals, according to Guam Visitors Bureau officials who also shared how at least four airlines have asked GVB for a subsidy of $56,000 to …
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Saipan-born hotelier now GM of Hyatt Andaz, San Diego

(Press Release) — Saipan Born, Saipan Grown. “If serving is below you, leadership is beyond you,” says Claudia C. Adriano, general manager of Andaz, San Diego.  Claudia C. Adriano was born and raised on Saipan and is the daughter of Margaret F. Camacho-Castro of Saipan and the late Antonio G. Adria…
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MVA extends TRIP program with Korea to December

(MVA) —  To allow more time for promotion in Korea, the Marianas Visitors Authority board of director voted on Aug. 6, 2021, to extend the Tourism Resumption Investment Plan or TRIP program through Dec. 31, 2021. The program is an investment to provide subsidies to airlines, hotels, travel agencies…
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