Business

SAN SALVADOR (Reuters) — El Salvador President Nayib Bukele said the Central American country had acquired an additional 150 bitcoins after the digital currency’s value slumped again, enlarging his bet on the cryptocurrency despite criticism. Bitcoin, the world’s biggest and best-known …

(Reuters) — The Omicron variant of Covid-19 could slow global economic growth by exacerbating supply chain problems and depressing demand, U.S. Treasury Secretary Janet Yellen told the Reuters Next conference on Thursday. Yellen cited a great deal of uncertainty about the impact of the highly conta…

WASHINGTON (Reuters) — Chinese companies that list on U.S. stock exchanges must disclose whether they are owned or controlled by a government entity, and provide evidence of their auditing inspections, the Securities and Exchange Commission said on Thursday. The rule advances a process that could l…

WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits increased less than expected last week, pointing to tightening labor market conditions, while layoffs tumbled to the lowest level in 28-1/2 years in November. The weekly unemployment claims report from the La…

PARIS (Reuters) — The main risk to an otherwise upbeat global economic outlook is that the current inflation spike proves longer and rises further than currently expected, the OECD said on Wednesday. Global growth is set to hit 5.6% this year before moderating to 4.5% in 2022 and 3.2% in 2023, the …

GOVERNOR Ralph DLG Torres spoke with the business community on Wednesday during the Saipan Chamber of Commerce general membership meeting at Hyatt Resort Saipan. Ralph DLG Torres In his remarks, the governor addressed the concerns raised by the business community. “Community-based collaboration is …

(NMC) — Avis Rent A Car is the latest company 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 50% discount on all medium sedan and SUV rentals. Avis Rent A Car join…

IN its 41 years of existence, Hyatt Regency Saipan has helped build a better life and a brighter future for its employees. Hyatt’s longest-serving employees have their own success stories to tell. One of them, Chef de Partie Renato Tabuena, who specializes in European cuisine and appetizers a…

(Press Release) — Kensington Hotel Saipan will once again provide the CNMI with outstanding service starting on Dec. 3, 2021. This includes a daily operation of ocean-view rooms, the main pool, the Infinity Pool, the indoor playground Kenny Play Deck, the OHAS Café, restaurant outlets including Mei…

HYATT Regency Saipan today, Wednesday, Dec. 1, 2021, is celebrating its 41 years of service, commitment and gratitude to the CNMI community. In October, the hotel and the Commonwealth government, through its Department of Public Lands, signed a new 40-year land lease agreement. Hyatt Director of Ro…