Business

Business
January 9, 2026 by Neville Graham

WIPT stock climbs 11-fold in two weeks

West Indies Petroleum Terminal Ltd. (WIPT) stock climbed above $5.60 in Thursday trading, or 11 times its listing price some two weeks earlier, reflecting a rally driven more by scarcity than…
The Financial Services Commission building on Barbados Ave, New Kingston.
January 9, 2026

Cash holdings in investment schemes up 40% to $18.5 billion

Jamaica’s securities dealers are sitting on relatively high levels of cash within a market affected by uncertainty. Cash holdings in local collective investment schemes (CIS) surged 40.2 percent to…
Pedestrians walk past a ‘Help Wanted’ sign posted on the door of a restaurant in San Francisco in April 2023.
January 9, 2026

Job openings slide to 2nd-lowest level in five years

US employers posted far fewer jobs in November than the previous month, a sign that employers are not yet ramping up hiring even as growth has picked up. Businesses and government agencies posted 7.1…
A truck departs from a Port of Oakland shipping terminal on November 10, 2021 in Oakland, California. AP
January 9, 2026

California loses $160m for delaying revocation of 17,000 commercial driver’s licences for immigrants

California will lose US$160 million for delaying the revocations of 17,000 commercial driver’s licences for immigrants, federal transportation officials announced on Wednesday. Transportation…
Business
January 9, 2026

Google and chatbot maker Character to settle lawsuit alleging chatbot pushed teen to suicide

Google and artificial intelligence chatbot maker Character Technologies have agreed to settle a lawsuit from a Florida, USA mother who alleged that a chatbot pushed her teenage son to kill himself.…
President Donald Trump speaks to House Republican lawmakers during their annual policy retreat on Tuesday, January 6 in Washington, USA. AP
January 9, 2026

Trump wants to ban large investors from buying houses

President Donald Trump said on Wednesday that he wants to block large institutional investors from buying houses, saying that a ban would make it easier for younger families to buy their first homes.
Alphabet CEO Sundar Pichai speaks about Google DeepMind at a Google I/O event in Mountain View, California, USA, on Wednesday, May 10, 2023.
January 9, 2026

Gmail to become personal AI assistant

More artificial intelligence (AI) is being implanted into Gmail as Google tries to turn the world’s most popular email service into a personal assistant that can improve writing, summarise far-flung…
Business
January 9, 2026
Chen Zhi
January 9, 2026