Gabe Designers & Contractors says it will oversee the construction of a US$27-million (J$2.4b) residential development overlooking Negril on behalf of Hanover West Development, a local developer with British...
Chrysler aims to be the first US automaker to produce a factory-built pickup truck that is powered mainly by natural gas.The privately held company said Tuesday that its new Ram 2500 Heavy Duty CNG truck will be sold to commercial customers that operate...
Are you among the many persons who see multitasking as an essential strategy for coping with the seemingly endless demands at work? If so, you're not alone. As the demands increase for fewer people to produce more, in less time and with fewer resources...
Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was convicted yesterday on all but one of the 14 counts he faced for allegedly bilking investors out of more than US$7 billion in massive Ponzi scheme he operated for 20 years.
February 27 - March 2, 2012 - The weakness in Caribbean stocks continued for another week as 27,616,978 shares valued at US$6,165,778 crossed the floors of the six stock exchanges across Caricom...
Victims of a pyramid scheme run by a Canadian former financial adviser have reached a US$17.1 million (CA$17 million) out-of-court settlement of their class-action lawsuit with the Royal Bank of Canada (RBC).The case involves Earl Jones, who pleaded...
Verizon Wireless on Tuesday announced a version of its wireless broadband service that's designed for use in rural and remote homes that can't get DSL or cable.The service, called HomeFusion, could also appeal to some households where DSL is the only...
The Private Sector Working Group (PSWG) proposal to reduce corporate income tax will fail to increase tax compliance, says deputy general manager of the Jamaica Stock Exchange (JSE), Robin Levy.Most tax dodgers evade tax...
Tax Administration Jamaica (TAJ) said the special offer to taxpayers with overdue payments to visit its offices and make a proposal to clear the principal amounts owed, is on until March 31.
Microsoft has announced the appointment of Marcelle Smart, former business systems manager at GraceKennedy, as country manager for its operations in Jamaica.
Businesses involved in the export of fresh produce and processed food are being encouraged to take the necessary steps to comply with the United States Food Safety Modernisation Act.The Food Safety Modernisation Act is an amendment of the Federal Food...
The Grenada government says it welcomes the announcement by Virgin Atlantic that it will absorb an increase in the British government's Air Passenger Duty (APD) paid by passengers leaving the United Kingdom (UK) for the Caribbean."We are indeed pleased...
A former prime minister of Iceland on Monday rejected charges he failed to adequately protect his country's economy from financial shocks, as he took the stand in the first criminal trial of a world leader to result from the 2008 financial crisis.Geir...
The FBI is investigating whether a Russian billboard company once owned by media giant News Corp bribed local officials to get sign placements approved, part of a growing probe of Rupert Murdoch's company that stems from a scandal in the United...
A federal jury has continued deliberations in the fraud trial of jailed Texas tycoon R. Allen Stanford on charges he bilked US$7 billion from investors in a massive Ponzi scheme.
A 2008 audit of the state inspection of meats and vegetable imports into Jamaica had raised serious concerns about the health risks to Jamaicans.Three facilities were audited in the 2008 visit and all received failing...
On the back of record remittances in 2011 that narrowly edged out pre-recession highs, companies in the money services sector say they are expecting the pace of inflows to improve even further this year and are edging their bets through network expansion and new partnerships.
What's not to like about Dow 13,000? While most investors cheered when the blue-chip index closed above that level last Tuesday for the first time since May 2008, some were wringing their hands.
