Business
28 Oct, 2025
0
Amazon cutting 14,000 corporate jobs as spending on AI accelerates
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June, CEO Andy Jassy, who has aggressively sought…
28 Oct, 2025
0
Russian company Lukoil to sell international assets in response to new sanctions
Russian oil company Lukoil says it is selling its international assets in response to sanctions imposed by the United States that aim to push Russia to agree to a ceasefire in its war against Ukraine.…
28 Oct, 2025
0
India conducts cloud-seeding trial to clear New Delhi’s smog
Indian authorities in late October carried out a cloud-seeding experiment over smog-choked New Delhi in an attempt to induce rainfall and clear the city’s toxic air, which has sparked anger among…
28 Oct, 2025
0
Jun Du | Supply chain economics beats tariff politics
When a photographer recently captured US Treasury Secretary Scott Bessent reading a text message at the United Nations General Assembly, the image inadvertently revealed the scale of America’s…
27 Oct, 2025
0
Sports betting a booming business
The stunning indictment that led to the arrest of more than 30 people, including Miami Heat guard Terry Rozier and other NBA figures, on charges of illegal sports betting has drawn new scrutiny of the…
27 Oct, 2025
0
Big storms deepen poverty, food insecurity for Jamaicans, says World Bank
Poverty and inequality fell in Jamaica, but weather events – particularly hurricanes – are driving cycles of food insecurity and economic hardship, according to the World Bank’s Poverty and Equity…
27 Oct, 2025
0
Save your receipts, CAC urges consumers
Unearthing cases of price gouging depends on alert consumers who make complaints to the Consumer Affairs Commission, CAC, the government watchdog. Amid the approach of Hurricane Melissa, which…
27 Oct, 2025
0
Lumber Depot confirms new property purchase
Lumber Depot Limited has confirmed plans to acquire property on Gordon Town Road, adjacent to its existing full-service hardware store in Papine. The company expects to complete the property…
27 Oct, 2025
0
Jamaica Post shrinks global parcel network to 44 countries
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…