Jamaica Urban Transit Company (JUTC) cuts staff - 340 to be made redundant
Some 340 workers of the state-owned Jamaica Urban Transit Company (JUTC) will be made redundant, starting next week.Representatives of the cash-strapped bus company and the University and Allied Workers Union (UAWU) yesterday signed an agreement...
US economy stalls in 4th quarter - Recession fears climb
The economy of the United States nearly stalled in the fourth quarter with a growth rate of just 0.6 per cent, capping its worst year since 2002. The U.S. Commerce Department's report on the gross domestic product, released Wednesday, showed an economy that had deteriorated...
Olint wants Hylton barred from case
The legal battle betwee investment scheme, Olint Corporation Ltd., and the National Commercial Bank (NCB), took a new turn yesterday when Olint applied for former chairman of the Financial Services Commission (FSC), Michael Hylton, to be barred from representing the bank....
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