Business
29 May, 2026
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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…
29 May, 2026
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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…
29 May, 2026
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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…
29 May, 2026
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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…
28 May, 2026
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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…
26 May, 2026
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ThisBank to raise US$6.9m in US debt offering
ThisBank Ltd, the UK-based digital lender formerly known as JN Bank UK, raised some US$6.9 million in a debt offering, according to a notice filed with the US Securities and Exchange Commission…
26 May, 2026
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JPS profit halves as Hurricane Melissa recovery costs bite
Jamaica Public Service Company (JPS) posted a 50 per cent dip in its first-quarter profit as the power utility absorbed the lingering financial toll of Hurricane Melissa.
The Category 5 storm, which…
26 May, 2026
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Holborn Road landmark up for auction
Plans are afoot to auction an incomplete New Kingston building at 8 Holborn Road whose construction was halted at one point by the authorities.
The property — described in the auction notice as…
26 May, 2026
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Manufacturing stocks surge 16% in Q1 as JSE rally lifts sector index
The manufacturing and distribution stocks on the Jamaica Stock Exchange (JSE) doubled the performance of the overall market or their strongest quarterly performance in recent memory.
The outlook…