Business

SAN FRANCISCO (Reuters) — Tesla chief executive Elon Musk donated a total of 5,044,000 shares in the world’s most valuable automaker to a charity from Nov. 19 to Nov. 29 last year, its filing with the U.S. Securities and Exchange Commission showed on Monday. The donation was worth $5.74 billi…

THE Marianas Alliance of Non-Governmental Organizations or MANGO and its federal partners are pleased to announce two  free virtual webinars open to the CNMI public: 1) EEOC Webinar on Vaccine Accommodations, Retaliation, and Interface Friday, Feb. 18, 2022, at 9 a.m., Chamorro Standard Time The U.…

WASHINGTON (Reuters) — The U.S. Federal Reserve should tighten monetary policy soon and decisively to head off what could become “quite persistent” inflation, World Bank chief economist Carmen Reinhart told Reuters in an interview. Reinhart, who has been warning for some time that suppl…

FRANKFURT (Reuters) — European Central Bank President Christine Lagarde faces a backlash in the European Parliament on Monday from conservative lawmakers criticizing the ECB’s green strategy as a “distraction” from its duty to tame inflation. Lagarde has made joining the fight aga…

DETROIT (Reuters) — Ford Motor Co said on Monday it will continue idling some of its assembly plants in the week of Feb. 14 due to the global semiconductor shortage. The U.S. automaker will idle production at its Ohio Assembly Plant as well as the production line for the Transit van at its Kansas C…

(Reuters) — The unprecedented level of job switching seen last year as the U.S. labor market rebounded from the pandemic gave workers more leverage to ask for better pay and played a role in pushing inflation to its highest level in decades, a new study suggests. An increase in the share of people …

NEW YORK (Reuters) — Geopolitical worries have added another layer of volatility to an already-jumpy market as investors priced in the possibility of escalating conflict between Russia and Ukraine, though some doubted the issue would weigh on U.S. asset prices over the longer term. Reports of risin…

HAGÅTÑA (The Guam Daily Post) — Ross Dress for Less will open its store at Agana Shopping Center on March 5, according to a Feb. 11 statement from the retail chain. “With this new opening, Ross will operate three stores in Guam and a total of 1,635 locations,” the statement said. Constr…

IT&E’s  store  is  moving  to  a  larger  and  more convenient location in Oleai. The Oleai store will open its doors on Tuesday, Feb. 22, 2022. All residential and business services will be available at the new location, while the marketing department will be transferred to IT&E’s headquar…

TOKYO (Reuters) — Japan is weighing further measures to help blunt a sharp rise in fuel prices and minimize the impact on people’s lives and economic activities, the industry minister said on Thursday, as oil prices stay high amid tight supply. Crude oil prices soared to seven-year highs, dri…