Business News

Bank of Guam launches Cannabis Banking

HAGÅTÑA, Guam (Special Advertising Feature) — Bank of Guam continues its trailblazing journey into 2024, announcing the launch of banking services for the cannabis industry on Guam and the Northern Marianas. With the launch of Cannabis Banking, Bank of Guam now becomes the first local financial ins…
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Total amount invested in bitcoin back over $1 trillion

Representation of bitcoin cryptocurrency is seen in this illustration taken on Jan. 11, 2024. LONDON (Reuters) — The total amount of money invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitcoin exchange traded funds continued to…
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2024 Friends of Business Summit: Cybertech Edition

(SBDC) — The CNMI Small Business Development Center Network is thrilled to announce the 2024 Friends of Business Summit Cybertech Edition, a pioneering event in collaboration with Northern Marianas College’s Office of Information Technology. This one-day summit is set to take place on Thursda…
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Jeff Bezos sells roughly $2 billion of Amazon shares

Jeff Bezos watches as model presents a creation for Dolce & Gabbana Fall/Winter 2024/25 men’s collection in Milan, Italy, Jan. 13, 2024. (Reuters) — Amazon.com founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according t…
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US weekly jobless claims fall more than expected last week

A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City,  May 26, 2021. WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to underlying labor market strength despite a recent spik…
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