Mobile connectivity and social media have created a hungry monster that businesses are trying hard to feed. Today’s consumers demand an always-on experience, and they want to be served immediately, or else they find an alternative. It’s no wonder...
The Trump administration rolled back ambitious Obama-era vehicle mileage standards Tuesday, raising the ceiling on damaging fossil fuel emissions for years to come and gutting one of the United States’ biggest efforts against climate change. The...
New information released by the National Housing Trust on the gender, income and age of homeowners shows that Jamaicans aged 30 years and below continue to secure the most mortgages from the state-run housing agency. The data which covered the...
Likkle Tea, the Kingston-based speciality tea small business run by young marketer and entrepreneur Patrique Goodall, was in expansion mode, having invested in machinery last year, introduced new products to the local and export markets, and on...
Several alcohol distilleries in Nevada unable to make liquor under current coronavirus shutdowns are turning their attention to another product to help soothe customers. They’re combining their key ingredient – ethanol, which kills germs – with...
ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: In 2006, I got a credit card from a bank. I was a security guard at the time and I was invited to take one. I used to pay well on my card until I couldn’t buy food or pay my rent. I managed...
ADVISORY COLUMN: SMALL BUSINESS Last week, The Gleaner published a news story titled ‘Shear pain for barbers, hairdressers: coronavirus fallout worsens as 10-person limit takes effect’, which detailed the severe financial impact of COVID-19 on...
Shares of cruise lines have taken on more water after the industry’s major players were shut out from government assistance as part of the major economic-recovery bill signed in law by US President Donald Trump on Friday. The US$2.2 trillion bill...
Manufacturers of alcoholic drinks are taking a beating from the closure of bars, many hotels, and the lockdown on entertainment events – traditionally big sources of sales for them – as the coronavirus contagion sweeps across the world. Rum and...
Hackers unleashed a ransomware attack on Indies Pharma Jamaica Limited last year in an attempt to extort funds from the company. The pharmaceutical distributor, in response, rebuilt its database and upgraded its IT security and procedures. “We...
Pulse Investments Limited has waived April’s rent payments for its 46 commercial tenants who are feeling the effects of the economic slowdown caused by the coronavirus, COVID-19. The waiver, in addition to the temporary closure of Pulse Rooms in...
QUESTION: One of my vehicles was recently involved in an accident. It crashed into a light pole. Three employees were on board - the driver and two assistants. Two of them suffered broken legs and the third was badly shaken up. I suspect that he...
The Jamaica Stock Exchange (JSE) Combined Index ended the week up on Friday with an advance/decline ratio of 49/25 The index advanced 9,372.72 points or 2.72 per cent to close at 354,007.88. The JSE Main Market Index gained 9,599.14 points or 2.74...
With job postings still scarce, job security dissipating, and wages seemingly stagnant at best, many people are trying to establish some security by creating multiple streams of income. Many would like to try their hand at currency trading, but...
T he Bank of Jamaica, BOJ, is taking pre-emptive measures to maintain liquidity in the Jamaican market, and keep the system humming, amid expectations that the economy will contract by about three per cent over the next year. So far, the central...
HOPING TO escape all the coronavirus-caused economic uncertainty by winning a giant lottery jackpot? Think again. Those jackpots are going to shrink as the pandemic tamps down lottery sales. The group that oversees the Powerball game announced...
F ORD, FIAT Chrysler, Honda, and Toyota took steps Thursday to restart North American factories that have been closed to protect workers from the coronavirus pandemic. The plants would reopen in early or mid-April, restoring the largest source of...
THEY BOTH work full-time jobs, but Zeelah and Marvine Davis are deeply committed to their baby – a business making and selling genuine leather products. Zeelah, an information technology systems infrastructure manager with a major distribution...
GUEST HOUSE operator Shelly-Ann Johnson is looking to stranded visitors to fill rooms that are being emptied by travel restrictions to stem the spread of the coronavirus. “We want to be a beacon of hope for travellers currently in the island,”...
RATINGS AGENCY Moody’s downgraded the corporate rating of hotel operator Playa Resorts, and revised its outlook from stable to negative. Playa, which is part-owned by Sagicor Group Jamaica, operates hotels in Jamaica, Mexico, and the Dominican...
THE SUPREME Court has ruled that the lawsuit brought by a Panamanian company to recover commercial debt can proceed in the local court, having rejected a challenge to the case that spun on the omission of a suffix from the claimant’s name....
SEVERAL EUROPEAN nations are evaluating powerful but potentially intrusive tools for fighting the coronavirus pandemic, a move that could put public health at odds with individual privacy. The tools in question are apps that would use real-time...
The Jamaica Stock Exchange (JSE) Combined Index halted its downward trend down on Thursday with an advance/decline ratio of 35/39. The index gained 7,128.82 points or 2.11per cent to close at 344,635.16. Meanwhile, the JSE Main Market Index gained...
