Business
June 19, 2026
US filings for unemployment benefits fall to 226,000 last week as lay-offs remain historically low
The number of Americans applying for jobless aid fell modestly last week as lay-offs remained in the same historically low range of recent years.
US applications for unemployment benefits in the week…
June 19, 2026
McDonald's is frying up some apple pies to honour America's 250th birthday
The company said on Tuesday it's bringing back fried apple pies for the first time in more than three decades. They'll be available at most US restaurants for a limited time, starting June…
June 19, 2026
In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data centre
The Trump administration is helping one of Elon Musk's companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a US$20 billion AI data…
June 17, 2026
Summit auction rescheduled for today
The auction of the former Knutsford Court Hotel in New Kingston has been rescheduled to June 17 after the original sale date was postponed.
"The vendor is selling under powers of sale contained…
June 17, 2026
by Luke Douglas
Jamaica's premium coffee industry runs on $700m of imported beans
Jamaica increased coffee imports by two-thirds to US$4.4 million (J$700 million) in 2025, which offset a shortfall in local production of premium Blue Mountain coffee caused by successive hurricanes.
June 17, 2026
Fox Corp. to Buy Roku in US$22 Billion Streaming Deal
Fox Corp. has agreed to buy streaming pioneer Roku in a cash-and-stock deal valued at roughly US$22 billion, including debt.
Roku will continue to be run as an open, partner-friendly platform, the…
June 18, 2026
UCC seeks US$15m to launch Trelawny 'smart city’, invites six universities as partners
The University of the Commonwealth Caribbean (UCC) aims to raise US$15 million to complete land acquisition for EcoVista, a 283-acre development in Trelawny.
The plan involves building a…
June 17, 2026
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 Summit
For eight years, the United States has waged economic war on China, slapping big taxes on Chinese products before they enter America. But the campaign hasn't dented China's industrial…
June 17, 2026
Japan's tech business SoftBank rolls out OpenAI 'patches' against cyberattacks
Japanese technology giant SoftBank Group Corp is launching a service using OpenAI technology to protect against the looming threat of cyberattacks, both companies said on Tuesday.