Business

Business
December 21, 2025

Warner Bros Discovery urges shareholders to reject Paramount Bid

Warner Bros Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favour of a rival bid from Netflix it said will better serve their interests and…
AP 
A “For Sale” sign is displayed in front of a home in the USA Monday, December 15, 2025.
December 21, 2025

Home sales in USA are up for the month but down for the year

Sales of previously occupied US homes rose in November from October levels, but slowed compared to a year earlier for the first time since May, despite average long-term mortgage rates holding near…
AP 
Specialist Glenn Carell, left, and trader Robert Charmak work on the floor of the New York Stock Exchange.
December 21, 2025

Stocks rise on Wall Street as AI stocks turn higher again

Stocks gained ground on Wall Street Friday for a second straight day, wiping away losses from earlier in the week. Technology stocks were once again the main force behind the market’s broader moves,…
Dino Hinds, CEO of MFS Capital Partners Limited.
December 19, 2025

MFS Capital sheds Bar Central and Muse 360

Private equity firm MFS Capital Partners Limited has completed a strategic portfolio clean-up, disposing of two dormant subsidiaries — Muse 360 Integrated Limited and Bar Central Limited — as part of…

Jamaica Broilers Group head office.
December 19, 2025

Jamaica Broilers returns to positive capital position

Poultry producer Jamaica Broilers Group (JBG) has returned to a positive capital position following an upswing in its assets, according to its latest second quarter financials. “The group completed…
Jeffrey Hall, chairman of Blue Power Group.
December 19, 2025

Blue Power plans fourth-quarter ‘turnaround’

Blue Power Group, a leading soap maker, has announced a turnaround plan aimed at restoring growth and profitability after being hurt by Hurricane Melissa and the imposition of duties on raw materials.…
File
Paul Simpson (left), founder of Cornerstone who was then a vice-president at Proven Wealth Ltd, beside Chairman and co-founder of Proven Management Peter Bunting, along with other executives, in 2011 at the listing of Proven on the Jamaica Stock Excha
December 19, 2025

Proven and Cornerstone to partner on projects

Proven Management Limited, investment manager of Proven Group Limited, announced plans to partner with Cornerstone Group, which indirectly holds the second largest stake in Proven through its…
Business
December 19, 2025

JSE tourism-linked companies reeling from Melissa impact – NCB Capital

Tourism-related companies listed on the Jamaica Stock Exchange (JSE) have been dealt a blow from Hurricane Melissa which will impact them well into 2026, according to large brokerage firm NCB Capital…
AP
Jared Isaacman, President Donald Trump’s pick to be NASA administrator, speaks during a hearing of the Senate Commerce, Science, and Transportation on Capitol Hill on Wednesday, December 3 in Washington.
December 19, 2025

Billionaire to run NASA

The Senate on Wednesday confirmed billionaire entrepreneur Jared Isaacman to be NASA administrator, placing him atop the agency after a months-long saga where President Donald Trump revoked his…