Business News

JOHN Lee, the owner of Cha Café, said its second location will soon open at Mobil Garapan on Middle Road. Lee said the new location will feature much of the drinks and food menu that customers have come to know and love at Cha Café whose main branch is on Beach Road, Garapan. Lee said their Mobil M…

Passersby walk past an electric board displaying Japan’s Nikkei share average outside a brokerage in Tokyo, Japan, April 18, 2023. SYDNEY (Reuters) — Asian shares and bonds rallied on Thursday while the dollar nursed heavy losses, as a surprisingly low reading on U.S. inflation reinforced bet…

A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., Aug. 19, 2022. WASHINGTON (Reuters) — U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation continued to subside, but prob…

HAGÅTÑA (BoG) — Bank of Guam announces the reopening of its Mangilao branch, effective Tuesday, July 11, 2023. The branch will resume normal operating hours, welcoming customers Monday to Friday from 9 a.m. to 4 p.m. The Mangilao branch was closed since late May after Typhoon Mawar. The reopening o…

The marine offloading facility at the LNG Canada site is pictured, in Kitimat, Canada, September 2022. HOUSTON (Reuters) — A coming wave of North American liquefied natural gas or LNG export projects faces staffing challenges that are prompting some of the biggest developers to expand training and …

PAGO PAGO (USDOL) — A Pago Pago building construction company’s long history of violations of federal workplace safety and health laws continued after inspections at two American Samoa work sites where the employer exposed workers to numerous dangerous hazards. Since 2018, the U.S. Department of La…

From left, Noel Lomtong, Nakoa Guam project manager; Sen. Therese M. Terlaje, speaker of the Guam Legislature; Marcia E. Ayuyu, vice president and owner/operator of McDonald’s of Guam and Saipan; Joe C. Ayuyu Sr., president and owner/operator of McDonald’s of Guam and Saipan; Lou Leon Guerrero, gov…

(NMC) — As part of efforts to expand community partnerships and to help expand the Commonwealth’s entrepreneurial capacity, the CNMI Small Business Development Center Network at Northern Marianas College and the Saipan Chamber of Commerce have signed a memorandum of understanding for the year 2023.…

(FHB) — First Hawaiian Inc. announced the upcoming retirements of three members of its senior leadership team: Vice Chairman and Chief Risk Officer Ralph Mesick; Vice Chairman and Chief Lending Officer Lance Mizumoto; and Executive Vice President & Chief Human Resources Officer Iris Matsumoto. …

(Reuters) — Tesla shares jumped 6% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk’s plan of boosting volumes through discounts was working. The leading U.S. manufacturer of electric vehicles was set to increase its market capitalization by arou…