Vaping company Juul Labs on Friday received federal permission to sell an updated version of its e-cigarette, which includes an optional age-verification system designed to prevent underage use. The decision from the Food…
Category: Business & Economy
Judge says Pentagon’s measures against Anthropic were ‘illegal and baseless’
A federal judge has ruled in favour of artificial intelligence company (AI) Anthropic in its legal battle against the Pentagon after the government labelled the company as a supply chain risk earlier this…
MFS targets top-line growth after acquiring stationery supplier
MFS Capital Partners Limited expects its latest acquisition to do more than diversify earnings. The Junior Market company said the purchase of Century Business Machines Limited (CBM) will add a new stream of…
Derrimon suit progresses over New York roof collapse
Trading conglome-rate Derrimon Trading Company Limited said it wants to recover the full cost of its New York investment, along with lost opportunity over the period, but stopped short of revealing a figure….
Strong AI chip demand fuels Nvidia’s Q2 results well beyond Wall Street’s expectations
Nvidia’s latest quarterly results once again blew past Wall Street’s expectations as revenue for the computer chip company’s high-end artificial intelligence chips soared, the latest sign that AI infrastructure spending remains strong. The…
Energy ministry seeks independent review of JPS islandwide shutdown
Jamaica’s Energy ministry has commissioned an independent review of the June 5 islandwide power blackout, signalling it will not rely solely on the utility’s own account of the event. “We really want to…
Atlantic growing amid rebuilding
Atlantic Hardware & Plumbing Company Ltd (AHPC) expects to deliver double-digit growth this year as post-Hurricane Melissa rebuilding demand and a new agro-distribution business combine to push the Junior Market-listed company to record…
How bitcoin, gold went from a slump to an MVP week
Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington. Bitcoin had dropped from…
Zillow, Redfin resolve litigation over deal FTC claims suppresses rental listings competition
The US Federal Trade Commission (FTC) has reached a settlement with Zillow and Redfin to resolve the regulator’s claim that the companies made an illegal deal to suppress competition in online rental advertising.
