Business News

US manufacturing, new homes sales underscore booming economy

WASHINGTON (Reuters) — U.S. factory activity powered ahead in early April, though manufacturers increasingly struggled to source raw materials and other inputs as a reopening economy leads to a boom in domestic demand, which could slow momentum in the months ahead. The flow of strong economic data …
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Salty’s Grill and Cafe is latest NMC ProaPerks Partner

(NMC) — Salty’s Grill and Cafe 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 10% off on any food purchase. Salty’s Grill and Cafe is n…
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Oil rises as EU keeps stimulus flows, dollar falls

LONDON (Reuters) — Oil prices bucked the downward trend of recent days to rise on Thursday after the European Central Bank announced stimulus would keep flowing to counter the economic impact of the pandemic while the dollar edged lower. Brent crude futures rose 38 cents, or 0.58%, to $65.70 a barr…
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US weekly jobless claims fall to new one-year low

WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits last week dropped to a fresh one-year low, suggesting layoffs were subsiding and strengthening expectations for another month of blockbuster job growth in April as a re-opening economy unleashes pent-up deman…
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Tahiti-US travel bubble to reopen in May

PAPE’ETE (RNZ Pacific/Pacnews) — French Polynesia is to re-open its border at the end of next week, allowing the resumption of quarantine-free air travel from and to the United States. The borders were ordered to be closed by Paris in February after France faced another worsening of the Covid…
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Some Guam employers in ‘desperate’ need to hire

HAGÅTÑA (The Guam Daily Post) — Guam’s food and beverage industry is in “desperate” need of employees, and other types of employers are also trying to fill positions as business restrictions are lifted and tourism gears up for reopening. “Our industry is in desperate need of…
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