A federal judge on Thursday approved a US$1.5 billion settlement between artificial intelligence company Anthropic and authors who allege nearly half a million books had been illegally pirated to train chatbots. US District Judge William Alsup...
The United Nations has added nearly 70 more companies to a blacklist of firms from 11 countries that it says are complicit in violating Palestinian human rights through their business ties to Israeli settlements in the occupied West Bank. The new...
Concerned citizen John Mahfood put his money where his mouth is. He sponsored a half-page advertorial in this newspaper last Sunday to pose and answer a thought-provoking question: Can the Jamaican people survive another five years of no growth? He...
Imagine that you lead a government ministry, department or agency – referred to as MDAs. As you approach the season for submitting annual and five-year reports, you realise something is missing. The very reason you serve is being lost in the...
Although most workplaces have long called back employees into office in the post-pandemic era, options for coworking and virtual office space in Jamaica continue to grow, at least in Kingston. From The Business District Limited founded decades ago...
After four extensions of the statutory deadline to ban TikTok or force its Chinese owners to divest, president of the United States, Donald Trump, has now signed an executive order transferring the app to US ownership. The announcement follows...
Ordinary shares can be relied upon to yield very positive returns to investors over the long term, but, because stock markets are cyclical, there are periods when equities do not give positive returns to investors. In those periods, though, the...
Express Catering Limited, ECL, operator of food and beverage outlets at Sangster International Airport, reported flat revenue but more than doubled its net profit to US$3.8 million for the financial year ended May 2025, according to its newly...
Pharmaceutical distributor Indies Pharma Jamaica Limited is expected to tackle the development of its prime real estate holding at Ironshore in Montego Bay, having raised funds to refinance existing debt and for investment. The company issued a new...
JN Bank Limited met tougher regulatory capital requirements in its 2025 financial year ending March, while also posting higher pre-tax profit and fewer impairment losses, its newly released financial results show. It marks a steady recovery from...
R.A. Williams Distributors Limited made a net loss of $1.9 million for the first quarter ended July, reversing a profit of $24 million for the same period last year. The company attributed the downturn to higher expenses, including its sponsorship...
Caribbean Producers Jamaica Limited, CPJ, will have a new interim boss at month-end, and has eliminatea a management position, as the new owner eyes further expansion. Juan Baez will step in as interim CEO, while Nicholas Hospedales will step down...
Published:Thursday | September 25, 2025 | 11:29 AM
The Companies Office of Jamaica, COJ, is expanding at its current location at Grenada Way in New Kingston to better serve clients but is making plans to relocate within two years, Minister of Industry, Investment and Commerce Aubyn Hill has said....
Published:Thursday | September 25, 2025 | 12:09 AM
Soon people will be able to use satellite technology and artificial intelligence to track dangerous soot pollution in their neighbourhoods – and where it comes from – in a way not so different from monitoring approaching storms under plans by a non...
Published:Wednesday | September 24, 2025 | 12:08 AM
Spirit Airlines plans to furlough 1,800 flight attendants before the end of the year, the cash-strapped budget carrier said Monday. The company said it made the “difficult decision” to put cabin crew members on temporary leave to match staffing...
Published:Wednesday | September 24, 2025 | 12:08 AM
Oil company ExxonMobil Guyana says that along with its contractors, it has spent an estimated US$2.9 billion with Guyanese businesses since operations began in 2015. In addition, the oil and gas company said US$419 million have been spent in the...
Published:Wednesday | September 24, 2025 | 12:06 AM
Tech giant Oracle will spearhead American oversight of the algorithm and security underlying TikTok’s popular video platform under the terms of a deal laid out this week the Trump administration. All the final details still need to be nailed down...
Published:Wednesday | September 24, 2025 | 12:06 AM
Caribbean Flavours and Fragrances Limited, CFF, is on track to deliver its best financial performance in 2025, following robust earnings in the first six months of 2025. The company, a subsidiary of Derrimon Trading Limited, reported a net profit...
Published:Wednesday | September 24, 2025 | 12:06 AM
Derrimon Trading Company Limited is taking steps to deleverage, an issue that has become a priority for the group amid concerns by its auditors. CEO Ian Kelly disclosed that discussions were under way with some creditors to refinance portions of...
Published:Wednesday | September 24, 2025 | 12:06 AM
Four months after its official opening, the Morant Bay Urban Centre, MBUC, confirmed tenants are retrofitting their allotted spaces but are yet to start doing business there. The 365,000-square-foot commercial complex, which opened in May, is...
Chipmaker Nvidia will invest US$100 billion in OpenAI as part of a partnership announced Monday that will add at least 10 gigawatts of Nvidia AI data centres to ramp up the computing power for the owner of the artificial intelligence chatbot...
Prime Minister of Canada Mark Carney and President of Mexico Claudia Sheinbaum promised Thursday to strengthen trade relations in the face of US tariff threats and pushed to keep the most important free trade agreement in the Western Hemisphere...
When Cassie Ridgway held her first clothing swap in Portland, Oregon, 14 years ago, she had a few goals: keep clothes out of landfills, help people find free fashion treasures and build community. The swap attracted about 150 people, and grew from...
The Garfield Batts Hotspot Solutions Foundation, GBHSF, was launched at Mr Batts’ funeral service at the St Jude’s Anglican Church, Stony Hill on September 13. He died while driving home to Kingston through the Bog Walk Gorge when his vehicle left...
Low and stable inflation contributes to economic stability and economic growth and is good for the general economy, businesses and individuals. Low inflation fosters confidence and optimism. Businesses are better able to predict future costs and...
