Business

June 19, 2026 by Luke Douglas

Quantas Advantage sees opportunities in real estate 

Investment firm Quantas Advantage Ltd sees opportunities in real estate following its initial public offering (IPO). It also has deals in The Bahamas and the Cayman Islands in its pipeline of…
Business
June 19, 2026

Francis Wade | The leader who fixed everything - And inspired no one

You are a leader striving to motivate your staff, and it still isn’t working. Why are your efforts yielding so few results? Here’s a contrarian take based on some of Donald Trump’s supporters.
June 19, 2026

SpaceX buys AI coding start-up Cursor for US$60 billion in race for an edge over Anthropic and OpenAI

SpaceX will move forward with its US$60-billion acquisition of artificial intelligence (AI) start-up Cursor as Elon Musk's space exploration and AI company seeks a competitive edge against rivals…
Business
June 19, 2026

Investors might ignore AI giants like SpaceX, but their 401(k) pension accounts won’t

While Americans might want to ignore all the hubbub around SpaceX, Elon Musk and initial public offerings (IPOs), their 401(k) pension accounts likely can't. SpaceX is now worth US$2.1…
Business
June 19, 2026

US filings for unemployment benefits fall to 226,000 last week as lay-offs remain historically low 

The number of Americans applying for jobless aid fell modestly last week as lay-offs remained in the same historically low range of recent years. US applications for unemployment benefits in the week…
June 19, 2026

McDonald's is frying up some apple pies to honour America's 250th birthday

The company said on Tuesday it's bringing back fried apple pies for the first time in more than three decades. They'll be available at most US restaurants for a limited time, starting June…
June 19, 2026

In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data centre

The Trump administration is helping one of Elon Musk's companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a US$20 billion AI data…
Business
June 17, 2026

Summit auction rescheduled for today 

The auction of the former Knutsford Court Hotel in New Kingston has been rescheduled to June 17 after the original sale date was postponed. "The vendor is selling under powers of sale contained…
June 17, 2026 by Luke Douglas

Jamaica's premium coffee industry runs on $700m of imported beans

Jamaica increased coffee imports by two-thirds to US$4.4 million (J$700 million) in 2025, which offset a shortfall in local production of premium Blue Mountain coffee caused by successive hurricanes.