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Silver Airways files for Chapter 11 bankruptcy protection
Posted inBreaking News Business News Caribbean News

Silver Airways files for Chapter 11 bankruptcy protection

CHARLOTTE AMALIE — Silver Airways announced Monday its decision to file for Chapter 11 bankruptcy protection, a move aimed at securing additional capital and implementing financial restructuring. The regional airline…
Posted by John McCarthy December 31, 2024
Trump names envoy to Panama after urging US reassert control over canal
Posted inBreaking News Business News Caribbean News

Trump names envoy to Panama after urging US reassert control over canal

PANAMA CITY — U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control…
Posted by John McCarthy December 27, 2024
Trump advisers Elon Musk and Vivek Ramaswamy expose rift with MAGA loyalists over immigrant tech workers
Posted inBreaking News Business News National News

Trump advisers Elon Musk and Vivek Ramaswamy expose rift with MAGA loyalists over immigrant tech workers

WASHINGTON — A multiday firestorm has erupted over comments made by two incoming advisers to President-elect Donald Trump about H-1B temporary worker visas, a carve-out for high-skilled workers who some…
Posted by John McCarthy December 27, 2024
Carnival forecasts robust 2025 bookings as cruise demand booms
Posted inBreaking News Business News Caribbean News

Carnival forecasts robust 2025 bookings as cruise demand booms

MIAMI — Cruise operator Carnival Corporation forecast strong bookings for 2025 ahead of the busy summer travel season, riding the wave of strong spending on experiences even as prices increase, sending…
Posted by John McCarthy December 22, 2024
JetBlue Airways extends suspension on flights into Haiti until late April
Posted inBreaking News Business News Caribbean News

JetBlue Airways extends suspension on flights into Haiti until late April

PORT-AU-PRINCE – JetBlue Airways, the only U.S. carrier that connects Haiti directly with South Florida and New York, has extended suspension of its daily flights between the United States and…
Posted by John McCarthy December 21, 2024
Cuba predicts 1% growth in 2025 after dismal year, economy minister says
Posted inBreaking News Business News Caribbean News

Cuba predicts 1% growth in 2025 after dismal year, economy minister says

HAVANA — Cuban Economy Minister Joaquín Alonso Vázquez on Monday forecast the Caribbean island's economy would grow only 1% in 2025 after a dismal year marked by one of the…
Posted by John McCarthy December 20, 2024
Congress stumbles towards shutdown as Trump demands action on debt ceiling
Posted inBreaking News Business News National News

Congress stumbles towards shutdown as Trump demands action on debt ceiling

WASHINGTON – Lawmakers had less than two days today to avert a partial government shutdown after President-elect Donald Trump rejected a bipartisan deal and demanded lawmakers address the nation's debt ceiling before he takes…
Posted by John McCarthy December 19, 2024
Caribbean, Latin America economies expected to grow 2.4% in 2025
Posted inBreaking News Business News Caribbean News

Caribbean, Latin America economies expected to grow 2.4% in 2025

SANTIAGO — Economies in the Caribbean and Latin America are expected to grow by 2.4% in 2025, driven by domestic consumption but tempered by a risk of worsening global geopolitical…
Posted by John McCarthy December 18, 2024
Government House says $15 million in tax refunds on the way
Posted inBreaking News Business News Entertainment News

Government House says $15 million in tax refunds on the way

CHRISTIANSTED — Government House spokesman Richard Motta hosted the weekly press briefing on Monday, providing several important updates. Shamari Haynes, Deputy Commissioner at the Virgin Islands Department of Tourism, and…
Posted by John McCarthy December 17, 2024
Trump announces $100 billion SoftBank investment in the US
Posted inBreaking News Business News National News

Trump announces $100 billion SoftBank investment in the US

PALM BEACH, Florida (AP) — President-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home today to announce that the Japanese company is planning to invest $100 billion in U.S.…
Posted by John McCarthy December 16, 2024

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