Business

SINGAPORE (Reuters) — Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing output at a key meeting later in the day lent support, alongside a drop in U.S. fuel inventories. Brent crude futures added 52 cents, or 0.8%, to …

HAGÅTÑA (Press Release) — BankGuam Holding Company announced that its board of directors declared a quarterly cash dividend of $0.10 per share for the holders of its common stock and a dividend payment to the holders of the Company’s 5.5% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Seri…

HAGÅTÑA (The Guam Daily Post) — A purchase agreement between subsidiaries of Gannett Co., Inc., and former Guam Lt. Gov. Kaleo S. Moylan, has been signed, according to a press release. Moylan will take over as owner of the Pacific Daily News and all of its assets in April. The Pacific Daily News st…

(Press Release) —  The Bank of Guam is proud to announce that Ashley Ardiente and Keiko Borja have successfully passed the Association of Certified Anti-Money Laundering Specialists or ACAMS examination, and are now fully licensed and certified anti-money laundering specialists. The ACAMS certifica…

(Press Release) —  Docomo Pacific, regional leader in innovation, telecommunications and entertainment, is the first telecommunications provider certified to offer Apple Business Manager and Apple School Manager eligible devices on Guam and the CNMI. Docomo Pacific continues to provide customers wi…

(Office of the Governor- Commonwealth Bureau of Military Affairs) — The CNMI Procurement Technical Assistance Center or CNMI PTAC has launched its online portal for client registration, program services, and business resources aimed to support the needs of Commonwealth businesses seeking to take ad…

DEDEDO, Guam (U.S Department of Labor) —  By deliberately misclassifying employees as independent contractors, a Dededo construction company attempted to avoid paying overtime when workers exceeded 40 hours in a workweek until a federal investigation uncovered the scheme. The U.S. Department of Lab…

(Press Release) —  Docomo Pacific, regional leader in innovation, telecommunications, & entertainment, delivers stronger network in the CNMI. Docomo Pacific network and field operations teams have been hard at work implementing significant network upgrades that offer enhanced coverage and redun…

HAGÅTÑA (USDOL) — Forty-three workers left the Philippines, traveling 1,550 miles to Guam through a federal temporary work visa program. While working at various construction sites on Guam, their employer willfully withheld their hard-earned overtime pay. Once the U.S. Department of Labor investiga…

IRVINE, Ca. (USDOL) — An Irvine supermarket has paid $51,430 in back wages owed to 56 workers after the U.S. Department of Labor’s Wage and Hour Division found violations of the overtime requirements of the Fair Labor Standards Act. Investigators determined that Sprouts Farmers Market failed to rec…