California pursues new pimping charges against Backpage.com

SACRAMENTO, Calif. (AP) ” California’s attorney general said Friday that she was pursuing new pimping charges against the operators of Backpage.com, a website that advertises escort services, just two weeks after a judge tossed an…

Door locked on investors keen to leave UK property funds, Italy's banking crisis worsens, Blair slammed over Iraq war, Fed divisions revealed; UST 10yr yield at 1.39%; oil up slightly, gold up; NZ$1 = 71.3 US¢, TWI-5 = 74.9

Tweet Here’s my summary of the key events overnight that affect New Zealand, with news the Brexit fallout is getting real. Three more fund managers have stopped investors from leaving their UK property funds, bringing the number of funds unable to meet withdrawal requests up to six. More than half of the £25bn of funds committed to commercial property by retail investors have …

Mortgage fraud complaints soar

Mortgage fraud complaints soared during the past year.Figures released to the Labour Party and shared with the Herald show the Serious Fraud Office (SFO) received five complaints about alleged mortgage scams in the year to March.That’s…

Tesla vehicle deliveries slip in Q2

WASHINGTON (AP) ” Tesla Motors shipped fewer autos to customers in the past three months, making it unlikely to meet prior expectations for delivering 80,000 to 90,000 vehicles this year.The California-based maker of electric autos…

United Airlines flies back into NZ with a Dreamliner

United Airlines has returned to New Zealand after an absence of 13 years, adding to a growing list of new air services to this country during the past year.The United flight, UA917 from San Francisco, touched down at Auckland Airport…

Enterprise founder Jack Taylor dies at 94

ST. LOUIS (AP) ” Jack C. Taylor, who started a leasing company with seven cars and built it into Enterprise Rent-A-Car, died Saturday. He was 94.Enterprise said in a statement Taylor died in St. Louis after a brief illness.In…