Latest Business

Throughout 2009, WorldCity, a media company focused on the impact of globalization on local communities, conducted research on the multinational corporations located in South Florida to better understand their role in the local community and their impact on Latin America, the Caribbean and the rest of the world. WorldCity is releasing the full report at the Who’s Here Celebration on Thursday, May 13 at 5 p.m. at the Westin Colonnade, 180 Aragon Avenue in Coral Gables, Florida. The event is by-invitation-only and is open to the news media.
“The Word is Love: Jamaica’s Michael Manley” is the first comprehensive documentary on the Life of Jamaica’s fourth Prime Minister Michael Manley, from his birth to his struggles to lead Jamaica out of its colonial past to his death and legacy.
The Western Union Company (NYSE: WU), a leader in global payment services, today announced it has opened the 500,000th Agent location through which it provides its expanding portfolio of financial services.  The network spans more than 200 countries and territories, and is a centerpiece of Western Union’s strategy to provide mainstream financial services – either cash, card or digitally-based – to underserved consumers and businesses globally. To commemorate the occasion, Western Union announced a $500,000 commitment to fund economic development and entrepreneurship programs in New York City, China, India, Mexico and the Philippines over a five-year period.
Miami-Dade County Mayor Carlos A. Gimenez announced today that pending approval by the Board of County Commissioners, the PortMiami Deep Dredge project will move forward under an agreement reached between the County and three petitioners who raised concerns about the project: the Tropical Audubon Society, Biscayne Bay Waterkeepers, Inc. and a County resident, Dan Kipnis.
Effective January 12, 2010, the Bank of Jamaica (BOJ) has discontinued offering its Certificate of Deposit (CD) for tenors of 60-days, 90-days, 120-days and 180-days, until further notice. As such, only the 30-day CD is currently being offered.