Private sector, unions chime in on PM's speech
While downsizing of the public sector has been deemed inevitable by private sector leaders, the Government is being urged to provide the necessary retraining for workers who would be displaced, as well as opportunities to facilitate the pursuit ...

Cellphone companies disappointed with tax increase
Telecommunications service providers reacted with disappointment yesterday to Finance Minister Audley Shaw's late-night announcement that there will be a five per cent increase in the general consumption tax (GCT) on cellular telephone services.In a...

Toyota recall - Stuck accelerators lead to accidents, death
Toyota Motor Corp said Tuesday it will recall 3.8 million vehicles in the United States (US), the company's largest-ever US recall, to address problems with a removable floor mat that could cause accelerators to get stuck and lead to a crash...

Fed developing new bailout exit tools
The Federal Reserve is developing some new tools for reeling in the extraordinary support it is providing to the United States (US) economy, Fed Vice Chairman Donald Kohn said Wednesday. However, Kohn and Federal Reserve Bank of Atlanta President Dennis...