Business

Business
19 Jun, 2026 0

Investors might ignore AI giants like SpaceX, but their 401(k) pension accounts won’t

While Americans might want to ignore all the hubbub around SpaceX, Elon Musk and initial public offerings (IPOs), their 401(k) pension accounts likely can't. SpaceX is now worth US$2.1…
Business
19 Jun, 2026 0

US filings for unemployment benefits fall to 226,000 last week as lay-offs remain historically low 

The number of Americans applying for jobless aid fell modestly last week as lay-offs remained in the same historically low range of recent years. US applications for unemployment benefits in the week…
19 Jun, 2026 0

McDonald's is frying up some apple pies to honour America's 250th birthday

The company said on Tuesday it's bringing back fried apple pies for the first time in more than three decades. They'll be available at most US restaurants for a limited time, starting June…
17 Jun, 2026 0

In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data centre

The Trump administration is helping one of Elon Musk's companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a US$20 billion AI data…
Business
16 Jun, 2026 0

Summit auction rescheduled for today 

The auction of the former Knutsford Court Hotel in New Kingston has been rescheduled to June 17 after the original sale date was postponed. "The vendor is selling under powers of sale contained…
16 Jun, 2026 0

Jamaica's premium coffee industry runs on $700m of imported beans

Jamaica increased coffee imports by two-thirds to US$4.4 million (J$700 million) in 2025, which offset a shortfall in local production of premium Blue Mountain coffee caused by successive hurricanes.
Business
16 Jun, 2026 0

Fox Corp. to Buy Roku in US$22 Billion Streaming Deal

Fox Corp. has agreed to buy streaming pioneer Roku in a cash-and-stock deal valued at roughly US$22 billion, including debt. Roku will continue to be run as an open, partner-friendly platform, the…
16 Jun, 2026 0

UCC seeks US$15m to launch Trelawny 'smart city’, invites six universities as partners

The University of the Commonwealth Caribbean (UCC) aims to raise US$15 million to complete land acquisition for EcoVista, a 283-acre development in Trelawny. The plan involves building a…
16 Jun, 2026 0

China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 Summit

For eight years, the United States has waged economic war on China, slapping big taxes on Chinese products before they enter America. But the campaign hasn't dented China's industrial…