Business

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.…
Attendees take in a film at the Skylark Film Festival in Negril earlier in October.
23 Oct, 2026 0

Film spending slashed in half to US$4.9m

Spending on film productions in Jamaica fell by more than half in 2025 from year-earlier levels as the fallout from Hurricane Melissa disrupted filming activity, according to recently released…
23 Oct, 2026 0

Margaritaville Jamaica plans public share offering before year end

Margaritaville Jamaica plans to raise equity through a public offering within 90 days, giving investors a stake in the operator of three Margaritaville venues and a fine-dining restaurant on the…
23 Oct, 2026 0

Oran A Hall | The making of a personal finance hero

Financial heroes are resilient. Some build resilience from scarcity; others develop resilience to recover from financial disruption. It is not the quantum of money that people have that makes them…
The logo for Electronic Arts is displayed during the Electronic Entertainment Expo in Los Angeles in 2013. AP
23 Oct, 2026 0

Video game developer BioWare shuts down, next ‘Mass Effect’ cancelled amid broader lay-offs at EA

Video game publisher Electronic Arts (EA) is shutting down the popular and influential game development studio BioWare after more than three decades. The upcoming Mass Effect game, the fifth since…
AP 
President Donald Trump talks with Meta CEO Mark Zuckerberg as he speaks with reporters outside the West Wing of the White House on Tuesday, September 29, in Washington.
23 Oct, 2026 0

Meta Q3 revenue tops estimates, with Muse accounts topping 10m, says Zuckerberg

Meta Platforms said on Wednesday that its third-quarter profit jumped more than threefold, as the social media giant’s revenue climbed sharply. The parent company of Facebook and Instagram reported…