Business News

NEW YORK (AP) — Employers are losing patience with unvaccinated workers. For months, most employers relied on information campaigns, bonuses and other incentives to encourage their workforces to get the Covid-19 shot. Now, a growing number are imposing rules to make it more onerous for employees to…

ASIDE from promoting highly qualified individuals to run the day-to-day operation of the business, McDonald’s is supporting the development of its employees as leaders by providing them with continuous training. In addition, McDonald’s has created a good and healthy work environment tha…

WASHINGTON (Reuters) — In April, almost a year after she was laid off from her hospitality firm due to the pandemic, Sara Gard was still barely finding her feet with a new full-time job in financial services that she juggled alongside managing her daughter’s remote schooling. So when her six-…

(NMC) — Candle J 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 $2 off per candle or members can receive a $5 discount. Candle J is located at …

WASHINGTON (Reuters) —  U.S. consumer spending surged in June as vaccinations against Covid-19 boosted demand for travel-related services, but part of the increase reflected higher prices, with annual inflation accelerating further above the Federal Reserve’s 2% target. Though personal income…

(Press Release) —  Bank of Hawaii is now accepting applications for the I Kinometi Para I Kumunidåt I Islå-ta Small Business Revitalization and Development Grant for projects that stimulate small business development and economic activity on Saipan. Small business owners with a successful track rec…

(Reuters) — Amazon.com Inc needs to spend billions of dollars to expand its warehouse and delivery system, adding pressure to its shares which dropped 7% on Friday after it forecast lower sales growth. The company is racing to meet demand even though shoppers are venturing more outside the home and…

WASHINGTON (Reuters) — The U.S. economy contracted at a record average annualized rate of 19.2% from its peak in the fourth quarter of 2019 through the second quarter of 2020, government data showed on Thursday, confirming that the Covid-19 recession was the worst ever. The pace of recovery from th…

(Reuters) — Led by Facebook, social media platforms from Alphabet’s YouTube to Snap Inc and Twitter are investing heavily in shopping features to drive revenue growth, a major theme that emerged during second-quarter results over the past week. The companies are vying for a piece of the so-ca…

WASHINGTON (Reuters) — The U.S. economy grew solidly in the second quarter, pulling the level of gross domestic product above its pre-pandemic peak, as massive government aid and vaccinations against Covid-19 fueled spending on goods and travel-related services. The pace of GDP growth reported by t…