China called on the United States government on Tuesday to “stop the unreasonable crackdown” on Huawei after the United States stepped up pressure on the tech giant by indicting it on charges of stealing technology and violating...
Drug maker Pfizer lost US$394 million in the fourth quarter as it booked billions in charges for lay-offs and losses related to the acquisition of a trouble-plagued business that makes sterile injectable medicines. While Pfizer edged past Wall...
So you didn’t do a very good job with your bookkeeping last year. Not to worry, nothing like a new year to kick things off right. It’s a fresh start and the perfect time to reflect on the past, set goals and figure out how to meet them...
Energy company New Fortress Energy LLC, whose liquefied natural gas holdings are largely deployed in Jamaica to date, plans to raise US$300 million from its initial public offering of shares covering 12 per cent of the company. The American gas...
The $28 billion of profit made by NCB Financial Group last year is the most earnings ever reported by a listed company, and an all-time record for the banking conglomerate, and both shareholders and bank staff and managers are seeing rewards....
Gaming company Supreme Ventures Limited (SVL) is a big operation with multiple business lines and revenues on track to hit $60 billion, on which it forks out more than $6 billion in taxes and fees on an annual basis. However, it is its newest...
On Tuesday, Richard Byles, the chairman of real estate company 138 Student Living Jamaica Limited, assured shareholders that it was a good time to buy more shares, jokingly referring to the depressed price of the stock. The company, which offers...
Alcar Construction and Haulage Limited has set up a US$300,000 asphalt plant, hoping to supply paving material for the planned Southern Coastal Highway. Alcar is positioning for subcontracting work on the road project that is headed by China...
The federal government shutdown will cause slight permanent harm to the economy — about US$3 billion — according to a report Monday by the United States’ Congressional Budget Office (CBO). The report says that the five-week...
Last Wednesday Juan Guaidó, the President of Venezuela’s National Assembly, took an informal oath of office and declared himself the country’s interim president. In a choreographed response the United States and a number of other...
Mecheck Willis was seriously injured in a motor vehicle accident in 2001. The driver of the other vehicle was 16-year-old Devar McFarlane. The latter reportedly lost control of his vehicle and crashed into the car that Willis was driving. McFarlane...
What can be done about the apparent high level of dissonance between local brands and their respective customers? Most executives and customers at companies like JPS, Digicel and NCB want a close, trusted relationship, but why do managers complain...
QUESTION: I am 31 years old and in need of a real solution for my current financial situation. I owe over a million in students’ loans, loans from friends, relatives and other institutions. I get paid about $85,000 after tax, but, at the end...
Facebook allowed children to rack up huge bills on digital games while the company rejected recommendations for addressing what it dubbed ‘friendly fraud’, according to newly released court documents. The internal Facebook memos and...
Persons no longer have to rely only on newspaper columns or a radio show to have a voice and to publicise an opinion. Blogs, websites and social media pages have given the ordinary citizen a platform. However, there are dangers in using these...
