Business

Business
December 9, 2025

Little known as advances reported in TikTok battle

The Trump administration announced that it has reached a framework deal with China for the ownership of the popular social video platform TikTok. US Treasury Secretary Scott Bessent said in a press…
Lawrence Nicholson
December 9, 2025

Lawrence Nicholson | The similarities of family business and political parties

There is the tendency to see the world through the lens of what occupies our thoughts, such as our areas of research or expertise. This is a component of a phenomenon referred to as cognitive bias.…
Brazil’s President Luiz Inácio Lula da Silva.
December 9, 2025

Brazil slaps Trump’s ‘illogical’ tariffs

Brazil’s President Luiz Inácio Lula da Silva on Sunday pushed back against a 50-per cent tariff on Brazilian imported goods to the United States, arguing that it was “political” and “illogical”. Lula…
Kevin Richards, CEO of Kingston Properties Limited.
December 9, 2025 by Neville Graham

Kingston Properties burned by US foreclosure

Kingston Properties Limited, KPREIT, has been forced to write off a US$1.38-million investment following the foreclosure on a United States-based real estate asset, marking a rare setback for the real…
Jeffrey Hall, chairman of Lumber Depot Limited.
December 9, 2025

Lumber to expand operating base as business grows

Lumber Depot Limited is exploring expansion as the retailer grapples with inadequate operating space at its base in Kingston. “We have approached a range of properties that would serve our expansion…
Paul Scott, chairman of General Accident Insurance Company Jamaica Limited.
December 9, 2025

GENAC to enter new Caribbean markets, rebalance property and motor portfolios

General Accident Insurance Company Jamaica Limited, GENAC, is in the process of expanding further into the Caribbean, and is also looking to grow its share of the motor insurance market while…
A student types a prompt into ChatGPT on a Chromebook during class on August 27, 2025.
December 9, 2025

Rise of AI tools forcing schools to reconsider what counts as cheating

Student use of artificial intelligence has become so prevalent, high school and college educators say, that to assign writing outside of the classroom is like asking students to cheat. “The cheating…
In this November 6, 2023 photo, OpenAI CEO Sam Altman, left, appears on stage with Microsoft CEO Satya Nadella at OpenAI’s first developer conference, in San Francisco.
December 9, 2025

OpenAI, Microsoft reach new agreement to change corporate structure

OpenAI has reached a new tentative agreement with Microsoft and said its non-profit, which technically controls its business, will now be given a US$100 billion equity stake in its for-profit…
Mohamed El-Erian
December 9, 2025

Mohamed El-Erian | Powell’s last chance to protect the Fed

As Jerome Powell approaches the end of his term as chair of the US Federal Reserve in May 2026, the central bank’s standing is lower – and its vulnerability greater – than it has been in decades. This…