Business

President Donald Trump showing hands at speaking engagement in 2024.
December 9, 2025

What to know about Trump’s draft proposal to curtail state AI regulations

President Donald Trump is considering pressuring states to stop regulating artificial intelligence (AI) in a draft executive order obtained by The Associated Press. Some in Congress are also weighing…

A Verizon sign is displayed on a store, September 30, 2025, in Cambridge, Massachusetts.
December 9, 2025

Verizon to cut more than 13,000 jobs

Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The job cuts began on Thursday, per a…
Specialist Michael Pistillo, left, and trader Fred Demarco work on the floor of the New York Stock Exchange. (AP)
December 9, 2025

Stocks swing to close US trading week

More swings hit Wall Street on Friday, except the US stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2.0 per cent…
Business
December 9, 2025

Regency sees sales uptick since Melissa

Regency Petroleum Company Ltd expects stronger sales in the wake of Hurricane Melissa. “People are signing up for our membership programme in droves,” according to founder and CEO Andrew Williams in a…

Shoppers walk from the Walmart store on August 14, 2025 in Manchester, New Hampshire.
December 9, 2025

Walmart raises outlook as more US shoppers hunt deals

Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasingly anxious…
Michelle Bowman, vice-chair for supervision, Federal Reserve Board of Governors.
December 9, 2025

Federal Reserve loosens reins on banks

The United States Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and…
Deanall Barnes CEO of Atlantic Hardware & Plumbing
December 9, 2025

Atlantic Hardware looking to close strong, build on nine-month gains

Atlantic Hardware & Plumbing Company Limited, AHPC, is eyeing a robust finish to 2025 after delivering a solid nine-month performance. With one quarter left in the year, Atlantic Hardware has so…
Supreme Court of Jamaica at the intersection of  King and Barry Street in downtown Kingston.
December 9, 2025 by Neville Graham

Arc Manufacturing files lawsuit against Tank-Weld over rebar pricing

Arc Manufacturing Limited has filed a lawsuit against Tank-Weld Metals Limited, accusing Jamaica’s largest steel distributor of abusing its dominant position in the rebar market through predatory…
Balram Vaswani CEO of Kaya.
December 9, 2025

Kaya takes a beating from Melissa

Kaya Limited, operator of cannabis stores in Jamaica, reported strong financial gains for the September quarter. But its next report will be coloured by Hurricane Melissa, which inflicted severe…