Business News

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia, June 4, 2023. LONDON (Reuters) — With oil investors and traders focused on an oil-price rally that has come close to $100 a barrel, some grades of crude oil are already trading above that milestone, highlighting an…

THE Tinian Chamber of Commerce has announced the appointment of seven new members to its board of directors. John D. Attao will head the military committee, Daria Cing and Neal Eisgrou will be the treasurer and secretary. Allen Perez will guide the legislative committee while Liza Power will be the…

A sale sign greets shoppers at a retail store in Carlsbad, California, May 25, 2023. WASHINGTON (Reuters) — U.S. retail sales increased more than expected in August as a surge in gasoline prices boosted receipts at service stations, but the trend in underlying spending on goods slowed as Americans …

NEW YORK (Reuters) — Some large U.S. bond investors said on Wednesday they believe the Federal Reserve has reached a peak in its interest rate hiking campaign, despite inflation heating up in August on the back of surging energy prices. U.S. consumer prices increased by the most in 14 months in Aug…

Doug Parker, chairman and chief executive officer of American Airlines Group Inc., Gary Kelly, chief executive officer of Southwest Airlines Co., Scott Kirby, president of United Airlines Holdings Inc., John Laughter, executive vice president and chief of operations at Delta Air Lines Inc., and Sar…

A general view of the Phillips 66 refinery, as seen from Rodeo, California, the oldest oil refining town in the American West, March 2, 2023. LONDON (Reuters) — Oil prices jumped by about 1% on Tuesday, boosted by a tighter supply outlook and OPEC optimism over the resilience of major economies in …

An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China on July 18, 2022. LONDON (Reuters) — The benchmark oil price stabilized on Monday, holding above $90 a barrel reached last week for the first time in 10 mon…

Signage is seen at the New York Stock Exchange in Manhattan, New York City, Nov. 11, 2022. NEW YORK (Reuters) — U.S. stock investors are turning their focus to this week’s inflation data, which could determine the near-term path of an equity rally that has wobbled in recent weeks. Signs the U.S. ec…

The participants of the Saipan Chamber of Commerce’s 3rd Quarter Professional Development, morning session. The participants of the Saipan Chamber of Commerce’s 3rd Quarter Professional Development, afternoon session. (SCC) — The Saipan Chamber of Commerce is thrilled to announce the successful hos…

(BankPacific) — BankPacific shareholders voted Tricee Limtiaco, Tom Shimizu and Jerold Filush to serve new three-year terms as members of the board of directors of BankPacific. Following the meeting of the shareholders, all members of the board of directors voted to declare a record dividend to the…