Business News

Futures edge higher as focus shifts to inflation data

(Reuters) — U.S. stock index futures edged higher on Wednesday with the focus shifting to December’s inflation reading due later in the week, which would provide clues on how aggressive the Federal Reserve could be in its monetary tightening in this year. After the Fed’s rapid pace of i…
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MTEC Tourism Summit set for Jan. 19

(MVA) — After a two-year hiatus due to the coronavirus pandemic, the Marianas Tourism Education Council or MTEC Tourism Summit will return on Jan. 19, 2023, to engage students with information and activities focused on the Marianas’ primary economic driver, tourism. Over 300 members of the schools’…
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McDonald’s of Saipan awards Employees of the Year

MCDONALD’S of Saipan awarded its Employee of the Year from both restaurants during its 2022 Annual Employee Appreciation Party. Employee of the Year is an award  given to those who exceeds in their attendance, performance, attitude, friendliness, initiative, and willingness to learn. The Empl…
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Amazon CEO says job cuts to exceed 18,000 roles

(Reuters) — Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday. The layoff decisions, which Amazon will communicate starting Jan. 18, will largely im…
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