Business

Business
May 8, 2026 by Neville Graham

Jamaican Teas growing faster than it can build

Jamaican Teas Ltd has nearly exhausted the capacity of its rural St Andrew headquarters less than two years after relocating to a facility almost twice the combined size of its previous operations.
May 8, 2026

Mayberry loss widens to $2.2 billion in first quarter

Securities dealer Mayberry Group Ltd posted a net loss of $2.2 billion for the first quarter ended March 2026, about one-third worse than a year earlier, as continued equity market volatility hammered…
May 8, 2026

The positive side of natural disasters

From our own recent experiences in Jamaica, we know how devastating natural disasters, particularly hurricanes, can be for the economy, infrastructure and people, especially those on the social and…
May 8, 2026

The jury is out on tax breaks for the insurance industry: Global lessons for Jamaica

Elective politics has never been one of my career options. My proximity to it began when a friend persuaded me to donate some of my monthly salary to his political party via a bank order. After a…
Business
Updated 17 hours ago

Some iPhone owners could get up to $95 payment after Apple agrees to settle case for $250 million

Owners of some iPhones are in line to get cash payments of up to US$95 from Apple after the company on Tuesday reached a US$250 million settlement in a class-action lawsuit for false advertising of…
Business
Updated 17 hours ago

Lower-income Americans hit hardest by gas price spike, widening inequalities, study finds

Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the economy's economic…
Business
Updated 17 hours ago

US government sues New York Times, claiming white male editor was passed over on racial and gender grounds

A federal civil rights agency filed a discrimination lawsuit Tuesday against The New York Times, claiming that the new organisation passed over a white male employee for a promotion in favour of a…
Business
Updated 17 hours ago

Mark Zuckerberg ‘personally authorised’ Meta’s copyright infringement, publishers allege

Five publishing houses and author Scott Turow sued Meta and Chief Executive Mark Zuckerberg on Tuesday, alleging the company illegally used millions of copyrighted works to train its AI language…
Business
Updated 17 hours ago

These numbers show the global impact of Iran’s grip on the Strait of Hormuz

Iran's grip on the Strait of Hormuz has jolted the world economy, causing a spike in fuel prices that has rippled through other sectors with effects far beyond the Middle East.