Business News

(MVA) — On the heels of a similar signing ceremony in Tinian last week, government and business leaders of Rota are the latest to join the Hafa Adai & Tirow  Pledge  program,  vowing  to  help  promote  the  indigenous  Chamorro  and  Carolinian cultures of the Marianas. On Monday, June 21, May…

MAJESTY Chinese Restaurant temporarily closed on Thursday for renovation. The restaurant on Beach Road in Garapan announced that in an effort to serve its customers better, it will be closed from June 24, 2021 to June 30, 2021. Then, it will tentatively reopen on July 1, 2021. The restaurant manage…

WASHINGTON (Reuters) — Inflation driven by the quick reopening of the U.S. economy could take “some time” to ease, Federal Reserve Gov. Michelle Bowman said on Wednesday, adding a note of caution about the durability of price increases Fed officials have largely characterized as tempora…

(Special Advertising Feature) — Docomo Pacific, regional leader in innovation, telecommunications, & entertainment, takes pride in supporting Pride Marianas Youth’s events celebrating Pride month. June is Pride month! A global celebration where many collective voices unite to support and honor …

CHICAGO (Reuters) — In 2018, Whirlpool Corp swung to a loss after a tariff-fueled rally in U.S. steel prices drove up its raw-materials costs. This year, it is paying $1 billion for steel and other materials, but the West Michigan appliance maker is on track to post its highest profit in decades. T…

WASHINGTON (Reuters) — Leaders of environmental and labor groups — two of President Joe Biden’s biggest supporters — urged the White House and Democratic congressional leaders on Tuesday to reject any bipartisan infrastructure deal that lacks strong provisions to tackle climate change and str…

WASHINGTON (Reuters) — Federal Reserve Chair Jerome Powell on Tuesday will testify in a congressional hearing likely to focus on how the U.S. central bank is balancing rising inflation risks with its promise to ensure the economy recovers all the jobs lost after the onset of the coronavirus pandemi…

BRUSSELS (Reuters) — The world’s financial leaders will endorse on July 9-10 a deal setting a global minimum corporate tax and call for technical work to be finished so they can approve the framework for implementation in October, their draft communiqué showed. “After many years of disc…

HONG KONG (Reuters) — The world’s biggest casino hub of Macau will shake up its casino regulator by more than doubling the number of gaming inspectors and restructuring several departments in its latest move to ramp up supervision. The executive council that advises Macau’s chief execut…

TOKYO (Reuters) — Bitcoin tumbled almost 10% on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players citing jitters over China’s expanding crackdown on bitcoin mining in thin liquidity for the losses. Bitcoin fell as low as $32,094 to…