Business Archives - Page 52 of 255 - Marianas Variety News & Views

Fiji can double visitor arrivals by 2033: economist

March 19, 2024

SUVA (FBC News/Pacnews) —ANZ International Economist Kishti Sen believes Fiji can double its peak season arrivals to 1.2 million visitors by 2033 without compromising on its charm. In ANZ’s latest research “Pacific Insight,” Sen said this equates to 8.1% growth in in-bound demand each year. Sen sai…

Meta, Boeing, GE Vernova join US business delegation to Vietnam this week

March 18, 2024

HANOI (Reuters) – A large U.S. business delegation, including Meta, Boeing and wind energy firm GE Vernova, is visiting Vietnam this week in a sign of continued corporate interest in the Southeast Asian nation after Washington upgraded ties last year. About 50 companies will participate, acco…

Big Mac goes Big Tech, with a few hiccups

March 17, 2024

SAN ANTONIO, Texas (Reuters) — When McDonald’s first opened for business in the 1940s, its workers stood at physical counters, its burgers and fries were listed on paper menus, and its customers paid cash to its human cashiers. How quaint. Today technology so infuses every aspect of McDonald’…

Tesla to raise prices on Model Y electric vehicles in parts of Europe

March 17, 2024

(Reuters) — Tesla said on Saturday it would increase the price for its Model Y electric vehicles (EV) in a number of European countries on March 22 by approximately 2,000 euros ($2,177) or the equivalent in local currencies. The move, announced in a post on social media platform X, followed the aut…

Apple reaches $490 million settlement over CEO Cook’s China sales comments

March 16, 2024

(Reuters) — Apple agreed to pay $490 million to settle a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China. A preliminary settlement was filed on Friday with the U.S. District Court in Oakland, California, and require…

US export credit agency approves support for Bahrain oil project

March 15, 2024

WASHINGTON (Reuters) — The U.S. export credit agency on Thursday voted to approve a $500 million loan guarantee for an oil and gas drilling project in Bahrain, testing a U.S. climate pledge to stop backing projects that expand the use of fossil fuels. The board of directors at the Export-Import Ban…

Reckitt unit hit with $60 million verdict in Enfamil baby formula case in Illinois

March 15, 2024

(Reuters) — An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature baby who died of an intestinal disease after being fed the company’s Enfamil baby formula. The jury in an Illinois state court in St. Clair County on Wednesday found th…

US ban of TikTok would rob Biden, Democrats of 2024 election tool

March 15, 2024

WASHINGTON (Reuters) — If President Joe Biden keeps his promise to sign a bill that could ban TikTok over its ties to the Chinese government, he may rob his reelection campaign of a platform that he and fellow Democrats rely on to reach younger voters. Biden’s campaign got thousands of “…

Bank of Hawai‘i names Michael Sakazaki as senior VP

March 15, 2024

Michael Sakazaki MICHAEL Sakazaki has been promoted to senior vice president and senior market manager of Branch Banking’s West Pacific Market for Bank of Hawai‘i. He is responsible for overall management of retail banking-related activities and operations in Guam, Saipan and Palau, which include c…

Epic Games says Apple violated App Store injunction, seeks contempt order

March 14, 2024

(Reuters) — Epic Games, which makes the popular video game “Fortnite,” on Wednesday accused Apple of violating an injunction governing its lucrative App Store, and asked a U.S. judge to hold Apple in contempt and end its “sham” compliance. The companies have been battling in…

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Fiji can double visitor arrivals by 2033: economist

Meta, Boeing, GE Vernova join US business delegation to Vietnam this week

Big Mac goes Big Tech, with a few hiccups

Tesla to raise prices on Model Y electric vehicles in parts of Europe

Apple reaches $490 million settlement over CEO Cook’s China sales comments

US export credit agency approves support for Bahrain oil project

Reckitt unit hit with $60 million verdict in Enfamil baby formula case in Illinois

US ban of TikTok would rob Biden, Democrats of 2024 election tool

Bank of Hawai‘i names Michael Sakazaki as senior VP

Epic Games says Apple violated App Store injunction, seeks contempt order

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Martin pleads guilty to visa fraud; sentencing set for April 17

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A farewell chosen with grace

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