Business
24 May, 2026
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Barita posts strong quarter as investment gains surge, costs spike
Barita posts strong quarter as investment gains surge, costs spike
Barita Investments Ltd reported net profit of $1.17 billion for the quarter ended March 2026, nearly double the $628 million…
24 May, 2026
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Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system
Remember Donald Trump's response in the 2016 presidential debate,when Hillary Clinton blasted him for paying virtually no federal taxes?
"That makes me smart," Trump said.
By that…
22 May, 2026
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PIOJ warns AI adoption will cut working and middle-class jobs
The Planning Institute of Jamaica (PIOJ) said Wednesday that artificial intelligence (AI) will displace clerical and professional workers, but that research continues on the scale of displacement…
22 May, 2026
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Kaya moves into cannabis delivery market
Cannabis company NUGL Inc, which operates locally under the Kaya brand, is moving to expand into delivery services in Jamaica after a regulatory change now allows authorised cannabis retailers to…
22 May, 2026
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JMMB Bank auctioning 73 cars
JMMB Bank wants to sell 73 repossessed cars valued at $250 million, the second publicised auction in a month from the banking sector.
The inventory ranges from a $370,000 Mitsubishi to a $15 million…
22 May, 2026
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Pan Jamaica Group profits down 56% despite revenue growth
Pan Jamaica Group (PJG) posted higher revenues, but consolidated net profits fell to $924 million, down 56 per cent from a year earlier.
The conglomerate said it will accelerate portfolio…
22 May, 2026
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Cedric Stephens | The moment of truth after disaster
In my previous column, 'The link between claims delay and disaster recovery’, I examined how slow claims settlement can stall economic and social recovery after catastrophic events. Delays do not…
22 May, 2026
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Fesco profits rise amid global oil rise
Future Energy Source Company Limited (Fesco) delivered strong full-year results, reflecting higher fuel volumes, an expanded retail network, and improved margins amid volatility in global oil…
22 May, 2026
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Trump pulls back AI vetting order, citing fears of losing lead over China
US President Donald Trump called off a signing ceremony Thursday for a new order on artificial intelligence because he worried it could dull America's edge on AI technology.
Trump said he was…