Business
February 20, 2026
Hurricane Melissa costs Liberty Latin America US$76 million in Jamaica
Hurricane Melissa tore through Jamaica in late October 2025, flattening homes and severing telephone lines. For Liberty Latin America, the Category 5 storm left a combined cost of US$76 million —…
February 20, 2026
Stanley Motta faces vacant floors but profit triples on property gains
Stanley Motta Limited, the Kingston-based commercial landlord, said a prospective tenant that had signed a letter of intent declined to proceed, leaving three floors in its recently completed…
February 20, 2026
Salada earnings cut by a third due to Hurricane Melissa
Salada Foods Ltd reported first-quarter revenues and profit sliding amid storm-battered logistics and weaker domestic demand — an early signal of how deeply Hurricane Melissa has cut into Jamaica’s…
February 20, 2026
Proven posts quarterly loss, eyes real estate gains ahead
Financial conglomerate Proven Group Limited (PGL) recorded a US$895,000 loss for shareholders in the December quarter, compared with a US$1.1-million profit a year earlier, as Hurricane Melissa…
February 20, 2026
Honey Bun profit falls four-fifths despite higher sales
Honey Bun Ltd delivered higher first-quarter sales to December, but its $13-million profit marked an 83 per cent dip from year-earlier levels. Costs rose with the commissioning and early ramp up of…
February 20, 2026
JMMB Group quarterly profit slips, nine-month earnings surge
JMMB Group Limited posted net profit of $985.5 million for its third quarter ended December 2025, down from $1.14 billion a year earlier due to impairments and Hurricane Melissa disruptions. Group CEO…
February 20, 2026
PBS posts profit drop after US$6-million Costa Rica charges
Productive Business Solutions Ltd (PBS), a regional technology distributor listed on the Jamaica Stock Exchange, reported a 36 per cent decline in full-year profit after absorbing more than US$6…
February 20, 2026
DoorDash revenue up one-third in fourth quarter
DoorDash said on Wednesday its revenue rose 38 per cent in the fourth quarter as it gained new US customers and added new services like restaurant reservations. Investors cheered that growth, sending…
February 19, 2026
Warner Bros still evaluating offers from Paramount and Netflix
Warner Bros Discovery is briefly reopening takeover talks with Skydance owned Paramount to hear the company’s “best and final” offer, while the Hollywood giant continues to back the studio and…