Business

Business
May 29, 2026

Fontana posts first profit gain since Hurricane Melissa
Fontana Ltd, which operates a chain of pharmacies, has returned to higher profit following the fallout from Hurricane Melissa.  Net profit for the third quarter rose 11 per cent to $114.1 million…
May 29, 2026 by Luke Douglas

Sanmerna seeks land for new factory, eyes export markets
Sanmerna Paper Products Limited unveiled a three-year time frame for the expansion of its factory as the company moves to re-enter regional export markets. "We need land space to build a bigger…
May 29, 2026

Cedric Stephens | Jamaica's traffic crisis is a national risk event
Jamaica is not just dealing with traffic congestion — we are confronting a growing national risk exposure. Every morning and evening, the country bleeds time, productivity, and money as thousands of…
Business
May 29, 2026

Introducing Argus, a robot with 20 legs and eyes built to move and see in any direction instantly 
A robot being developed at Duke University is almost ready to face the world, in any direction. Instead of trying to copy symmetrical shapes from nature by building robots that look like people, dogs…
Business
May 29, 2026

SpaceX's Starship rockets are grounded pending investigation after test flight
SpaceX Starship launches are on hold pending an investigation into last week's test flight. The Federal Aviation Administration (FAA) announced on Wednesday that the hour-long space flight…
Business
May 29, 2026

Supreme Court rejects Meta's appeal in Vermont social media addiction case
The Supreme Court on Tuesday rejected a push to avoid a lawsuit alleging that Facebook and Instagram harmed young users, a decision that comes as social media companies increasingly face legal…
May 29, 2026

Ferrari's first electric vehicle met with market scepticism
Ferrari, on Tuesday, presented its first-ever fully electric car to Italy's president and Pope Leo XIV. Yet it's still waiting for the ultimate approval from someone less high-profile: the…
Business
May 29, 2026

Australia launches record US$1.4b lawsuit against 3M over 'forever chemicals' at defence bases
Australia is suing US conglomerate 3M for more than AU$2 billion (US$1.4 billion) over so-called ‘forever chemical’ contamination from firefighting foam at defence bases, the government said on…
Business
May 28, 2026

Typical CEO pay hits US$17.7m as gap with workers widens to 200 years
The typical CEO compensation package rose nearly 6 per cent in 2025 to US$17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them…