LATEST : Business

S&P paying $1.38B to settle charges over crisis-era ratings

Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis

Gas prices to be increased by $2.51 tomorrow

The ex-refinery price of most fuels supplied by the state-owned oil refinery Petrojam will be increased tomorrow

S&P paying $1.38B to settle charges over crisis-era ratings

Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis

Pepsi Cola Jamaica to reduce prices

Pepsi Cola Jamaica will be lowering the prices of some of its beverages in an effort to increase demand and market share, the company said.

Mayberry sells Access shares

In a statement today, Mayberry said after an initial investment of J$38 million in 2006, it will earn approximately J$955 million or US $8.34 million from the transaction.

BUSINESS: Currency rates update December 10: $114.03 to US$1

The Jamaican dollar crossed the $114 mark in trading today

DPP blasts cybercrime legislative blockers

Director of Public Prosecutions, Paula Llewellyn has blasted some attorneys in Parliament who she says are standing in the way of legislative changes

Zacca will not seek re-election as PSOJ president

Zacca has served as PSOJ president for a total of five years. His first stint was from 2006-2009 and his second, from 2012 to present.

HALF-TIME: JC, Charlie Smith High locked at nil all in Manning Cup final

Both teams created great goal-scoring opportunities in the first half, but were unable to find the back of the net.

PSOJ condemns Shaw's comments about Byles

The PSOJ has condemned recent comments made by Opposition Spokesman on Finance, Audley Shaw

SEC acts against companies exploiting prevention, treatment of Ebola

The US Securities and Exchange Commission (SEC) today suspended trading in four companies that claim to be developing products or services in response to the Ebola outbreak