Telecom provider Flow Jamaica generated US$101 million in revenue during the second quarter of 2026, down from US$104 million a year earlier, as the Liberty Latin America subsidiary continues to rebuild its network…
Category: Business & Economy
Trump media company announces a massive loss and new turnaround effort
The president’s media company posted a massive loss in the second quarter and announced plans to ditch new business lines and refocus as a forum for users to post their views. Trump Media…
US stocks slip below their records as oil prices rise 5%
The US stock market slipped below its all-time high while oil prices rose on uncertainty about when the Strait of Hormuz could reopen and get the global flow of crude going again. The…
Ocho Rios cinema picks up patrons after MoBay closure
Cove Entertainment, which operates a 120-seat theatre at the Island Village Shopping Centre in Ocho Rios, said its attendance has grown since Palace Amusement permanently closed its Montego Bay multiplex. “We have been…
Extraordinary wealth in a small economy – a confession
Every extraordinary fortune tells a story, especially in a small economy where wealth is easier to see than to understand. The question then is whether we have the collective courage to read it….
Jamalco unplugs from grid, power turbine set to save up to US$28m a year
Century Aluminum Company brought a new power-generation turbine online at its Jamalco alumina refinery in Clarendon at the beginning of August, enabling the plant to generate all its own electricity, independent of the…
Women run the workforce, while men lead at the board level, VM Group data shows
Women account for nearly three-quarters of the workforce at VM Group – among the island’s oldest financial entities – but that ratio flips at the board level, according to the company’s 2025 annual…
Rising temperatures could keep more flights from taking off on time
Airline passengers know to expect possible flight delays when weather forecasts call for thunderstorms, heavy snow or strong wind. The omens are less obvious on a hot summer day with clear skies. Yet,…
SpaceX shares rise even as company insiders get a chance to sell for the first time
Stock in Elon Musk’s space company rose Thursday even after many SpaceX insiders were freed up to sell for the first time. Investors in SpaceX have pushed the shares down sharply in recent…
CDB funds feasibility study on CARICOM regional stock exchange
The Caribbean Development Bank (CDB) has approved a US$100,000 grant to study whether a single regional stock exchange could deepen capital-market integration across the Caribbean, an initiative that would reshape how businesses raise…