Thu | Apr 25, 2019

Business

A Boeing 737 MAX 8 airplane.

Boeing estimates that it will spend US$1 billion to fix the 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, which remains grounded after two crashes that killed 346 people. The estimate was...
Johann Heaven, CEO of Proven Wealth Limited

Proven Wealth Limited has launched a platform that allows Jamaican investors more options to live-trade US stocks at cheaper prices, becoming the second local broker known to offer such services. “Customers are demanding this,” said Johann Heaven...
NCB Assistant General Manager Stuart Reid.

National Commercial Bank (NCB) has developed a new online portal for mortgages that is meant to move loans through the door more speedily. It is part of the bank’s digital initiative, the Agile lab, which has now grown to 10 services since its 2017...

United States auto safety regulators have expanded an investigation into malfunctioning airbag controls to include 12.3 million vehicles because the bags may not inflate in a crash. The problem could be responsible for as many as eight deaths....

OP-ED CONTRIBUTION: LEGAL AFFAIRS Companies considering a merger with or acquisition of a competitor in their market should consider whether that transaction may run afoul of the competition legislation. Such a transaction could potentially...

The Court of Appeal has refused to grant permission to businessman Winston Finzi to challenge a lower court’s judgment in favour of the Jamaica Redevelopment Foundation (JRF) which sold his property in St James after he defaulted on a settlement...

ADVISORY COLUMN: PRODUCTIVITY How can a manager be promoted, only for others to discover that he lacks certain basic, foundation skills? Someone somewhere dropped an easy ball that could have been corrected if the company had the right perspective...

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER An initial public offering, or IPO, is the offering of shares in a company to the general public for the first time. IPOs may be made by start-up companies or companies that have been in business for a...

ADVISORY COLUMN: INSURANCE HELPLINE QUESTION: I was involved in an accident near Black River in February. A truck drove into the left side of my car. It was travelling on a minor road. I was on the main road. The driver admitted to me that he...

One initial public offering of shares, two stocks zooming higher. Investors on Thursday pounced on their first chance to buy shares of Zoom Video Communications, the video-conferencing company that had its initial public offering of stock. Its...
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