Business

Frank James, Group CEO of GraceKennedy Ltd.
December 26, 2025

GraceKennedy to acquire makers of Tastee cheese

GraceKennedy Ltd (GK), the Jamaica-based food and finance conglomerate, has taken full control of Dairy Industries Jamaica Limited (DIJL), the maker of the iconic Tastee Cheese brand. GK will acquire…
Daniel Chong, CEO of Honey Bun 1982 Limited.
December 26, 2025

Baked-in costs at Honey Bun’s new facility burns cash

Honey Bun Ltd closed its September 2025 year with higher sales but a markedly thinner bottom line, as the commissioning of its new Angels, St Catherine bakery drew heavily on cash, borrowings, and…
AP Sony Corp President Kenichiro Yoshida speaks as characters from ‘Peanuts’ are shown at a press conference at the company’s headquarters in 2018 in Tokyo.
December 26, 2025

Sony buys majority stake in ‘Peanuts’ comic for US$457m from Canada’s WildBrain

Happiness is taking control of a beloved comic strip. Sony is buying a 41 per cent stake in the Charles M. Schulz comic Peanuts and its character,s including Snoopy and Charlie Brown from Canada’s…
AP Walmart is displayed on the facade of the Nasdaq MarketSite, in New York, on Tuesday, December 9, 2025.
December 26, 2025

US consumers’ confidence weakened

Consumers’ confidence in the US economy was shaken in December as Americans grew anxious about high prices and the impact of President Donald Trump’s sweeping tariffs. The Conference Board said on…
Containers with Yang Ming Marine Transport Corporation, a Taiwanese container shipping company, are stacked up at the Port of Los Angeles, with the Long Beach International Gateway Bridge seen in the background, on Wednesday, April 9 in Los Angeles. AP
December 26, 2025

US economy grows strong in third-quarter but uncertainty remains

The US economy grew at a surprisingly strong 4.3 per cent annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ongoing…
AP A motorist fills up the tank of a vehicle at a gasolene station Sunday on November 30.
December 26, 2025

Lower gas for Americans this Christmas

This holiday season, many US drivers are getting the gift of lower gas prices. According to data from motor club AAA, December has been the cheapest month for prices at the pump this year. The…
AP Anthony Matesic working on the floor at the New York Stock Exchange on Wednesday, December 10.
December 26, 2025

US stocks rose in 2025 after overcoming turbulence from tariffs, Trump’s Fed fight

It was a scary good year for investors. It was scary because the US stock market plunged to several historic drops on worries about everything, from President Donald Trump’s tariffs to interest…
The entrance to the Labor Department is seen near the Capitol in Washington, USA. AP
December 26, 2025

Inflation cools in November

At a time when Americans are frustrated and angry over the high cost of living, the government released a report on Thursday showing that inflation had cooled unexpectedly in November. But economists…
Graduates line up before the start of a community college commencement in East Rutherford, New Jersey USA (AP Photo)
December 26, 2025

Millions of US student loan borrowers in default

The Trump administration said on Tuesday that it will begin garnishing the wages of student loan borrowers who are in default early next year. The department said it will send notices to…