Business News

(Office of the Governor) — The CNMI CARES-Act Fisheries Working Group was made aware recently that one additional document is required in order to process payment checks for CNMI eligible applicants under the 2020 Covid-19 Fisheries Assistance funded by Sec. 12005 of the Coronavirus Aid, Relief, an…

(Press Release) — Pacific Islands Club Saipan employees and E-Land Group management gathered for a beach cleanup on June 9 at Pakpak Beach. Thirty-four individuals  picked up trash along the shore near the resort. According to Gloria Cavanagh, the general manager of PIC Saipan, beach cleanup has be…

WASHINGTON (Reuters) — Republican U.S. Sen. Mitt Romney said on Wednesday the bipartisan group working to hammer out a deal on infrastructure would not raise taxes as part of their plan. President Joe Biden, a Democrat, on Tuesday broke off talks on an infrastructure bill with a key Republican, ins…

BEIJING (Reuters) — China’s May factory gate prices rose at their fastest annual pace in over 12 years due to surging commodity prices, highlighting global inflation pressures at a time when policymakers are trying to revitalize Covid-hit growth. Investors are increasingly worried pandemic-dr…

WASHINGTON (Reuters) —  President Joe Biden on Wednesday withdrew a series of executive orders that sought to ban new downloads of WeChat and TikTok, and ordered a Commerce Department review of security concerns posed by those apps. The administration of former President Donald Trump had attempted …

(Reuters) — The United States will target China with a new “strike force” to combat unfair trade practices, the Biden administration said on Tuesday, as it rolled out findings of a review of U.S. access to critical products, from semiconductors to electric-vehicle batteries. The “supply chain…

(NMC) — Judy’s Cafe & Restaurant 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 a 20% off on food & drink purchase. The NMC ProaPerks p…

(Reuters) — U.S. job openings surged by nearly one million to a new record high in April, while more people voluntarily left their employment, strengthening the view that a recent moderation in job growth was due to supply constraints. Job openings, a measure of labor demand, increased by 998,000 t…

(Reuters) — Rating agency Moody’s Investors Service said on Monday that China’s new policy allowing couples to have up to three children could support fertility, but was unlikely to dramatically change the national birthrate. The rating agency said that the policy highlighted the risk o…

HAGÅTÑA (The Guam Daily Post) — Even as more people are being called back to work, those who are back on the job are working fewer hours than before the pandemic, according to Gary Hiles, chief economist with the Guam Department of Labor. “So even if they’ve been called back to work, th…