Business News

BankGuam Holding Company announces the appointment of Soledad “Somia” T. Quan to the Boards of Directors of BankGuam Holding Company, Bank of Guam, and its affiliated subsidiaries, effective May 28, 2026.

SEOUL (Reuters) — The deal Samsung Electronics struck with its union averts a massive strike and gives its memory chip ​workers eye-popping bonuses. It also opens a Pandora’s box for companies in South Korea — a country known for militant wage-bargaining.

WASHINGTON (Reuters) — Former U.S. Federal Reserve Chair Jerome Powell was a handy foil for President Donald Trump, a target of blame for everything from high mortgage interest rates to the pace of economic growth.

SINGAPORE (Reuters) — U.S. stock futures rose on Monday while the dollar and oil prices slipped as the prospect of a deal to end the Iran war buoyed ​risk appetite although a lack of clarity over when the Strait of ‌Hormuz would open kept enthusiasm in check.

WASHINGTON (Reuters) — Kevin Warsh was sworn in as chair of the U.S. Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are pushing up inflation and eroding consumer sentiment, ​potent ingredients for a policy dilemma with politic…

NEW YORK (Reuters) — U.S. ‌stocks rose on Friday, with the Dow reaching a record closing high, as investors cheered signs of progress in talks to end the Middle East conflict and a strong corporate earnings season.

(Reuters) — Global stocks rose, the U.S. dollar hovered around its highest levels in over six weeks and oil prices edged up, as a ​great deal of uncertainty surrounded U.S.-Iran peace talks.

(Reuters) — Wall Street’s main indexes rallied more than 1% on Wednesday, bouncing back from a three-day selloff with ​a boost in sentiment from technology and chip stocks, which rose ahead of Nvidia’s quarterly results.

SEJONG, South Korea (Reuters) — Some 48,000 Samsung Electronics workers were set to walk off the job on Thursday after ​talks on bonus payments broke off without a deal — a strike which threatens the health of South Korea’s economy and could hit global chip supply.

OAKLAND, California (Reuters) — A U.S. jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence ​company not liable to the world’s richest person for having allegedly strayed from its original mission to benefit humanity.