Category: Business & Economy

Kaya Limited, operator of cannabis stores in Jamaica, reported strong financial gains for the September quarter. But its next report will be coloured by Hurricane Melissa, which inflicted severe damage across the company’s…

More swings hit Wall Street on Friday, except the US stock market finished higher this time. After bobbing up and down through the morning, the S…

Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The job cuts began on Thursday, per a…

China is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport. In 2020, nearly all new trucks in China ran on…

Stablecoins are on the rise in global finance, promising to facilitate faster and cheaper payments and lead a wave of financial innovation. But what if that wave erodes governments’ control over money and…

The United States Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor. In…

Wisynco Group Limited is currently betting on beer to help drive top line growth. At the heart of the push is Legend Beer, the company’s flagship brew, which Chairman William Mahfood says is…

The market was already primed to expect bad outcomes from the cleanup under way in Jamaica Broilers’ US operations, but when the report finally dropped the scope of the fallout, still rattled investor…

Hurricane Melissa provided a glut of things for me to write about. In today’s article, I will try to link discrete topics to the monster hurricane where the economic impacts may turn out…

Large distributors say they are open for business and have adequate supplies of goods at this time but are experiencing some challenges in getting products to the areas of Jamaica hardest hit by…