Business

Chung Gi Wa Restaurant is latest ProaPerks Partner

(NMC) —  Chung Gi Wa Restaurant is the latest business to sign on as a Northern Marianas College ProaPerks Partner, joining many other businesses and organizations. All card-carrying members of the NMC ProaPerks program can now receive a free iced tea and 10% discount for orders that are $50 or mor…
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US mortgage applications tumble last week

WASHINGTON (Reuters) — U.S. mortgage applications plunged to their lowest level in more than two years last week as rising mortgage rates dampened demand for loans to purchase homes and refinancing activity, a survey showed on Wednesday. The Mortgage Bankers Association or MBA said its Market Compo…
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Wall Street slips as Ukraine declares emergency

(Reuters) — U.S. stocks fell on Wednesday as Ukraine declared a state of emergency, while reports of cyberattacks on several of its state websites fueled fears about escalating tensions with Russia. After opening higher, eight of the 11 major S&P 500 sectors fell, while a 2.3% drop in Tesla dra…
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Amazon defies break-up wave sweeping conglomerates

(Reuters) — Amazon.com Inc has become the poster child of technology giants bucking the trend of major conglomerates breaking up, thanks to bright growth prospects shielding it from pressure to follow suit, investors and dealmakers said. Investors have in recent years fallen out of love with conglo…
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Ukraine war fears shake stocks and send oil soaring

LONDON (Reuters) — Global stock markets clawed back losses on Tuesday as investors held on to hopes that Russia’s deployment of troops to two breakaway regions in eastern Ukraine will be as far Moscow goes. The specter of war on Europe’s eastern flank had flared on Monday, sending oil p…
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Nervous stocks dip with focus on Russia-Ukraine

LONDON (Reuters) — U.S. stock futures and European stocks fell into the red on Monday, with markets remaining nervous that Russia could invade Ukraine despite attempts to defuse the crisis. President Joe Biden and his Russian counterpart Vladimir Putin have agreed in principle to hold a summit on t…
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