Business
23 Oct, 2026
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Tesla’s Q3 profit drops as it prepares for possible merger with SpaceX
Tesla reported a decline in profit for the latest quarter, but a measure of cash its business generated surged, leaving investors with a mixed picture as it prepares for a possible merger with Elon…
23 Oct, 2026
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When it comes to Trump’s economy, these numbers matter before mid-terms
President Donald Trump is trying to convince voters before the November 3 mid-term elections that the US economy is rocketing upwards. But voters say inflation remains a challenge because the Iran war…
22 Oct, 2026
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SpaceX’s profit helps lift AI stocks and Wall Street
The US stock market is rising Wednesday following strong profit reports from SpaceX, Capital One Financial, and other big companies. The S&P 500 added 0.4 per cent and pulled within 1 per cent of…
21 Oct, 2026
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Court orders buyout of sister’s one-quarter stake in Ramson $2.1bn family business
Jamaica’s Supreme Court has ordered Chas E. Ramson Ltd, or its directors, to buy out Sally Fulton, the sister of its chairman, after finding the directors exercised their powers in a way that…
21 Oct, 2026
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Tap mass culture to unlock wider mobile money adoption
Incentivising consumers to use digital currency in a few cash-heavy sectors, including transportation, lottery sales, liquor purchases, or linking to the National Identification System (NIDS), could…
21 Oct, 2026
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Kremi ice cream’s profit surges 16-fold amid hot El Niño weather, efficiency gains
Caribbean Cream Ltd, the maker of Kremi ice cream, reported a 16-fold rebound in quarterly profit as it benefited from lower production costs amid sweltering summer heat. The company posted net profit…
21 Oct, 2026
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United Oil completes rig and logistics study
United Oil & Gas said on Tuesday that it completed a rig and logistics study outlining the requirements for potential drilling offshore Jamaica. “The completion of this study is an important step…
21 Oct, 2026
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Cedric E. Stephens | Why are so many Jamaicans uninsured? Can anything be done about it?
Last week, we examined one of the most important lessons from Hurricane Melissa. The storm damaged homes, businesses, infrastructure and livelihoods on a scale never seen in Jamaica. According to a…
21 Oct, 2026
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Musk pledges to give a share of his SpaceX company to ‘every kid in America’
Elon Musk on Monday pledged to give one share of his company SpaceX to “every kid in America” next year. The offer arrived a day after artificial intelligence company (AI) Anthropic announced in a…