Business

HANMI occupancy at 33% in October 2021

THE Hotel Association of the Northern Mariana Islands reported 33 percent average occupancy rate among its 11 member hotels for October 2021.  The figure is over seven times higher compared to October 2020, with 14,074 room nights sold this October compared to 2,118 rooms last October. The occupanc…
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How to write a business plan

THE CNMI  Small  Business  Development  Center  invites  you  to  register for a free virtual training on “How to Write a Business Plan” slated for Friday, November 12, 2021 from 2:00pm-4:00pm. In this training, participants will learn the Three “M’s” of a Business Plan: Mon…
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Fed’s Powell touts benefits of maximum employment

(Reuters) — The U.S. Federal Reserve looks at a wide range of indicators in gauging how close the economy is to reaching full employment, Fed Chair Jerome Powell said on Tuesday, as he reiterated the benefits of targeting workers who often remain on the sidelines. “When we assess whether we a…
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US producer prices increase solidly in October

WASHINGTON (Reuters) — U.S. producer prices increased solidly in October, driven by surging costs for gasoline and motor vehicle retailing, suggesting that high inflation could persist for a while amid tight supply chains related to the pandemic. The producer price index for final demand rose 0.6% …
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Business leaders optimistic COP26 visions will become reality

BOSTON/GLASGOW (Reuters) — A week into the United Nations’ high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the talks will lead to changes needed for business to play a bigger role in tackling climate change. The business observers pointed…
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US Senate bill would limit big tech mergers

WASHINGTON (Reuters) — Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech giants to make acquisitions. The office of Sen. Amy Klobuchar, a Democrat who chairs the Senate Judiciary Committee’s antitrust panel, said on Friday that…
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