Business News

President Joe Biden speaks, as he announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus, in Chandler, Arizona, March 20, 2024. WASHINGTON (Reuters) — The U.S. Federal Reserve looks on track to cut interest rates as the pres…

(Reuters) — Former President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a merger currently worth about $5.7 billion. The deal values Trump’s majority stake in the company that h…

(Saipan Chamber of Commerce) — Join us for the 2024 1st Quarter Professional Development Training on “Artificial Intelligence in the Workplace,” facilitated by Jerome C. Ortiz, interim IT director of Northern Marianas College. This comprehensive training, scheduled for Tuesday, March 26…

THE Small Business Development Center Network’s 2024 Friends of Business Summit: Cybertech Edition on Thursday, April 4, 2024 will feature renowned tech industry expert and entrepreneur, Nathan Benson. The utilization of Artificial Intelligence or AI provides businesses a unique opportunity to prov…

A worker walks past the casino at Okada Manila in Parañaque, Metro Manila, the Philippines, July 11, 2022. MANILA (Reuters) — Foreign and domestic firms are expected to invest much as $6 billion in the Philippines’ casino sector in the next five years, the head of its gaming regulator said, b…

SUVA (FBC News/Pacnews) —ANZ International Economist Kishti Sen believes Fiji can double its peak season arrivals to 1.2 million visitors by 2033 without compromising on its charm. In ANZ’s latest research “Pacific Insight,” Sen said this equates to 8.1% growth in in-bound demand each year. Sen sai…

Michael Sakazaki MICHAEL Sakazaki has been promoted to senior vice president and senior market manager of Branch Banking’s West Pacific Market for Bank of Hawai‘i. He is responsible for overall management of retail banking-related activities and operations in Guam, Saipan and Palau, which include c…

(SBDC) —  The excitement continues to build for the upcoming CNMI Small Business Development Center Network’s 2024 Friends of Business Summit Cybertech Edition, and the CNMI SBDC is pleased to announce a notable addition to its lineup of esteemed speakers and virtual guests. Set to take the stage d…

Traders work on the floor at the New York Stock Exchange in New York City, March 7, 2024. NEW YORK (Reuters) — Some market participants believe the relentless U.S. stock rally is poised for a breather, even if it remains unclear whether equities are in a bubble or a strong bull run. The benchmark S…

A trader works on the floor at the New York Stock Exchange in New York City, March 7, 2024. (Reuters) — Wall Street’s main stock indexes struggled for direction on Tuesday, as traders held on to bets of rate cuts by the Federal Reserve in the coming months, even as consumer prices data came i…