Business

TOKYO (Reuters) — Japan’s central bank on Thursday said it would hold emergency bond-buying operations, offering to buy some $667 million in government debt, a move designed to put a floor under bond prices. The announcement from the Bank of Japan or BOJ came as the yen currency teetered at t…

OAKLAND (Reuters) — Elon Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc, although he and other investors were overpaying for the social media company. Musk, the chief executive of Tesla, was answering a question during a call after the electric vehicle maker̵…

CHICAGO (Reuters) — United Airlines Holdings on Tuesday forecast a profit for the current quarter well above Wall Street estimates after reporting higher-than-expected third-quarter earnings due to a robust rebound in travel demand. Its shares were up nearly 7% to $39.73 in extended trading. The Ch…

(Special Advertising Feature) —  The grand opening of the Tinian Garden Bed & Breakfast facility took place on Tuesday, Oct. 11 hosted by Triple J and attended by Tinian’s Island dignitaries, government officials, business leaders and close friends. Tinian Mayor Edwin P. Aldan congratulated Tri…

LOS ANGELES (Reuters) — Netflix Inc reversed customer losses that had hammered its stock this year and projected more growth ahead, reassuring Wall Street as it prepares to offer a new streaming option with advertising. Shares of Netflix jumped 14% in after-hours trading, boosted in part by the str…

(Reuters) — Ratings agency Fitch has slashed growth forecasts for the United States for this year and next and will warn on Tuesday that the Federal Reserve’s interest rate hikes and inflation will drive the U.S. economy into a 1990-style recession, CNN said. U.S. GDP is now expected to grow …

LONDON (Reuters) — Oil prices were stable on Tuesday as the market balanced cuts to OPEC+ production quotas against fears of economic slowdown and lower Chinese fuel demand. Brent crude futures eased by 7 cents, or 0.08%, to $91.55 a barrel by 1127 GMT while U.S. West Texas Intermediate or WTI crud…

TAMUNING, Guam (Press Release) — In a ceremony at the Atkins Kroll Toyota Showroom, the Guam Department of Labor on Tuesday recognized Atkins Kroll Inc., an Inchcape company, as the region and island’s first company to be awarded the Occupational Safety and Health Administration’s Safety & Heal…

SYDNEY (Reuters) — Asian share markets slipped on Monday following another drubbing for Wall Street as investors brace for a further drastic tightening in global financial conditions, with all the risks of recession that brings. Concerns about financial stability added to the corrosive mix with all…

(Reuters) — U.S. tech giant Apple Inc has put on hold plans to use memory chips from China’s Yangtze Memory Technologies Co in its products, after Washington imposed tighter export controls against Chinese technology companies, the Nikkei reported on Monday. Apple had originally planned to st…