Business

Federal appeals court judges in Manhattan reacted sceptically Tuesday when a lawyer for once high-flying cryptocurrency entrepreneur Sam Bankman-Fried argued that his fraud conviction was unfair and should be overturned. The attorney, Alexandra...

Pizza Hut could soon be up for sale. Yum Brands, Pizza Hut’s parent company, said on Tuesday it’s conducting a formal review of options for the brand, which has struggled to compete in a crowded pizza market. Yum CEO Chris Turner said Pizza Hut...

Just nine months in, General Accident Insurance Company Jamaica Limited’s earnings have already surged past the full-year results for all of 2024, performance that positioned the insurer for a strong year end close; but that was before Melissa....

Google Maps is heading in a new direction with artificial intelligence sitting in the passenger’s seat. Fuelled by Google’s Gemini AI technology, the world’s most popular navigation app will become a more conversational companion as part of a...

Verisk Analytics, a global data analytics firm, estimates that insured property losses from Hurricane Melissa in Jamaica could range between US$2.2 billion and US$4.2 billion, but these figures await corroboration from local insurance and other...

Artificial intelligence company Stability AI mostly prevailed against Getty Images on Tuesday in a British court battle over intellectual property. Seattle-based Getty had accused Stability AI of infringing its copyright and trademark by scraping...

Small business operators who have suffered damage to their business or personal property from Hurricane Melissa are being urged to meet with their creditor institutions immediately in order to renegotiate their loans. Dennise Williams, second vice...

CAC 2000 Limited has reported a net loss for the third quarter ended July 2025, citing persistent logistical challenges, increased operating expenses, and delayed project invoicing. The air-conditioning and energy solutions company made a loss of $...

The Postal Corporation of Jamaica, which operates as Jamaica Post, has scaled back its outbound deliveries to currently one-quarter of the world nations, and that’s before factoring in disruptions caused by Hurricane Melissa. The slowdown has...

Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about US$48.7 billion, creating a massive consumer health goods company. Shareholders of Kimberly-Clark will own about 54 per cent of the combined company. Kenvue...

The United Nations General Assembly voted overwhelmingly Wednesday to condemn the American economic embargo of Cuba for a 33rd year. Yet the vote, as Hurricane Melissa tore through the island nation, softened Washington’s isolation on a long-...

Egg farmers may have sustained greater losses during Hurricane Melissa than during Hurricane Beryl in July last year, according to anecdotal reports reaching the Financial Gleaner. However, the status of the wider poultry sector was immediately...