May 20, 2014
US consumer prices rise by most in 10 months
Higher food and gas costs pushed up US consumer prices in April by the most in 10 months, evidence that inflation is ticking up from very low levels. The consumer price index rose 0.3 per cent last month after a 0.2 per cent gain in March, the…
May 20, 2014
Google resumes Glass sales in the US
Google is once again selling its Internet-connected eyewear to anyone in the US as the company fine-tunes a device that has sparked intrigue and disdain for its potential to change the way people interact with technology. The latest release of…
May 20, 2014
Digicel says mobile 4G now 92% population coverage
Telecommunication company, Digicel Jamaica, on Tuesday announced that it has recently completed “a massive expansion project” on its 4G mobile network, increasing its footprint to 92 per cent population coverage across Jamaica. According to the…
March 8, 2014
US Economy Added 175,000 Jobs in February
U.S. employers added 175,000 jobs in February, picking up the pace of hiring after two months of sluggish job growth. A senior economist at the country's biggest bank, James Glassman at JPMorgan Chase, tells VOA the advance in the labor market last…
March 8, 2014
Facebook’s WhatsApp purchase challenged
Facebook's purchase of mobile messaging service WhatsApp has been opposed by privacy groups. Mark Zuckerberg's firm is planning to buy the company for around £11bn. Opponents want US regulators to stop the deal until Facebook provides more…
March 8, 2014
Boeing checks 787 Dreamliners for wing cracks
Boeing is checking Dreamliner planes being produced in the US for potential "hairline cracks" in their wings. The move came after Japanese supplier Mitsubishi Heavy Industries warned Boeing that a change in its manufacturing process may cause…
March 8, 2014
Trini hotels score big with Carnival
Major hotels and guest houses in and around Port of Spain, Trinidad were booked solid for the Carnival season. The staff at the Hyatt Regency hotel, Capital Plaza, Carlton Savannah and several smaller guest houses said they had no room to spare.……
March 7, 2014
LIAT Airlines cutting unprofitable routes
The regional airline, LIAT, says it will take “decisive action” to deal with unprofitable routes as the Antigua-based airline seeks to make its operations financially variable. “We have been trying, before going the harsh route, to persuade people…
March 1, 2014
US Economic Growth Slower Than First Thought
The U.S. economy grew more slowly than first thought in the last few months of 2013. Friday's report from the Commerce Department says the world's largest economy expanded at an annual rate of 2.4 percent in October, November and December. That is…
March 1, 2014
Fitch moves Jamaica’s credit rating up a few notches
International credit rating agency, Fitch, has upgraded Jamaica's credit rating after the country completed its debt exchange Thursday. The agency lifted Jamaica's long-term foreign currency issuer default ratings to triple-C, seven notches into…