Business

Whether people want them or not, automakers are rolling out new electric vehicle models as the industry responds to stricter pollution regulations and calls to reduce emissions to fight climate change. The latest offering comes from General Motors...

Bourbon tourism in Kentucky slowed to a trickle last year as the coronavirus pandemic led to the first drop-off in visitors in more than two decades. Total attendance at Kentucky Bourbon Trail distilleries plummeted in 2020 amid pandemic-related...

Pulse Investments Limited, founded by its executive chairman, Kingsley Cooper, is in the process of acquiring the nine-acre Villa Ronai property in Stony Hill, St Andrew, which is also owned by Cooper and is the site being used for development of...

The Guyanese government has budgeted GUY$2.5 billion (US$12 million) to further upgrade and modernise the Cheddi Jagan International Airport. Senior Minister in the Office of the President with responsibility for Finance, Dr Ashni Singh, said two...

Freezing weather in Texas led to a chain of events that left almost 5 million customers in northern Mexico without power Monday as a shortage of natural gas disrupted electricity production. Mexico’s government-owned utility, the Federal...

In recent years, artificial intelligence has been attracting more attention, money, and talent than ever in its short history. But much of the sudden hype is the result of myths and misconceptions being peddled by people outside of the field. For...

Bar Central Limited has fallen victim to the market downturn in the entertainment and hospitality sectors. Majority owner SSL Venture Capital Jamaica, which trades as SSL Ventures, made the call to lock down the business effective December 31,...

A federal appeals court ordered work to stop at a major oil project on Alaska’s North Slope, siding with conservation and Indigenous groups. The decision Saturday by the 9th US Circuit Court of Appeals will stop on-the-ground work for the winter at...

Starting mid-year, American company Marriott Hotel will open four all-inclusive resorts in Jamaica under the Autograph Collection brand, in a deal with Sunwing Travel Group that incorporates 1,127 rooms. Their partnership will see the Royalton...

A window is set to open for Virgin Galactic to make another attempt at a rocket-powered flight from New Mexico to the fringe of space, but the company announced Friday it would be holding off on a new effort. Virgin Galactic said in a social media...

In a stark sign of the economic inequality that has marked the pandemic recession and recovery, Americans as a whole are now earning the same amount in wages and salaries that they did before the virus struck – even with nearly nine million fewer...

When the economies of the Caribbean and Central America finally exit the pandemic, most will be in crisis. As a recent IMF review of The Bahamas put it, recovery to pre-pandemic levels “will likely take years” and the “downside risks loom large”....