Business


Fontana CEO Anne Chang, in white, with stakeholders at the opening of Ora by Fontana at Sovereign Centre in St Andrew in 2025.
25 Oct, 2026 0

Fontana aims for chunk of $1.4bn makeup market, bets beauty is recession-proof

Óra by Fontana, the beauty division of the pharmacy chain, continues to expand its line-up across price tiers to capture a greater share of Jamaica’s $1.4 billion makeup import market. CEO Anne Chang…
Keody Thompson, realtor at Jamaica Sotheby’s International Realty
25 Oct, 2026 0

Seaside villa earnings shrink a year after Melissa

Short-term rental earnings at villas and seaside properties along Jamaica’s north coast fell over the past year, even as earnings rose in most other markets. Average annual earnings at coastal villas…
A bus owned and operated by Knutsford Express Ltd.
25 Oct, 2026 0

Knutsford Express profit dips amid oil price spike

The cross-country bus company, Knutsford Express Services Ltd (KEX), said its first-quarter profit fell 19 per cent due to a double-digit rise in fuel costs. Net profit for the quarter ending August…
Francis Wade
25 Oct, 2026 0

Francis Wade | Strategy formulation: The board said, “Use AI.” Now, prove it!

Your board has put you under pressure. It insists that you use artificial intelligence (AI) to improve the organisation’s strategic plans. Now, it wants proof. Strategy VP Nancy is reeling. Before…
New Mexico Attorney General Raúl Torrez discusses a judgment in the state’s Facebook case during a news conference in Albuquerque, New Mexico, on Wednesday, October 21. AP
25 Oct, 2026 0

Meta ordered to pay New Mexico $25 billion for deceiving users about privacy on Facebook

A judge on Wednesday ordered Meta to pay New Mexico US$25 billion after a jury found the company liable for deceiving users about privacy on Facebook, marking the biggest fine ever against the tech…
FILE - People attend a showcase event of the company’s AI assistant, Copilot, ahead of the annual Build developer conference at Microsoft headquarters, Monday, May 20, 2024, in Redmond, Wash. (AP Photo/Lindsey Wasson, File)
25 Oct, 2026 0

Barclays, latest to redirect spending towards AI as it trims workforce

The cost of building out the infrastructure needed to satisfy booming demand for artificial intelligence (AI) is changing the way major companies allocate resources. That can mean an end to some jobs…
The Boeing 737 MAX 10 performs a demonstration flight during the Paris Air Show in Le Bourget, north of Paris, France, in June 2023.
25 Oct, 2026 0

FAA clears the way for airlines to put Boeing’s long-delayed 737 Max 10 into service

Nearly a decade after Boeing unveiled its largest 737 Max jet, the company has cleared a major hurdle in its effort to bring the plane to airlines. The Federal Aviation Administration (FAA) approved…
Ricardo Hutchinson, chairman of Portland JSX Limited.
23 Oct, 2026 0

Portland JSX posts largest loss at US$9.4m as fund future remains unclear

Portland JSX Ltd (PJX), the private equity fund that mirrors a larger fund controlled by businessman Michael Lee-Chin, recorded its largest annual loss since inception. Its performance reflected…
Prime Minister Dr Andrew Holness (second left) takes the tour with (from left) Phillip Paulwell, member of parliament for Kingston East and Port Royal; Richard Lake, director of Sherbourne Limited; and Lisa Hanna, wife of Richard Lake, after cutting the ri
23 Oct, 2026 0

25% of units remain at K2 waterfront apartments, no problem selling units

Three-quarters of the apartments at Kingston2 (K2), the $2.1-billion residential development overlooking the downtown Kingston waterfront, have been sold, according to the project’s developers.…