Treasury reports NZ$1.176 bln Budget surplus for 11 mths to May; Corporate taxes above forecast; GST below forecast; Spending less than expected

Tweet By Bernard Hickey Treasury has reported a much bigger than expected Budget surplus for the 11 months to May, increasing the chances the Government may meet its four year old surplus target after all. Treasury reported there was an Operating Balance Excluding Gains and Losses (OBEGAL) surplus of NZ$1.176 billion in the 11 months to the end of May, …

CVS leaving US Chamber of Commerce in tobacco tiff

NEW YORK (AP) ” CVS Health is leaving the U.S. Chamber of Commerce, saying the trade group’s position on tobacco products is incompatible with CVS’ focus on health.The Chamber of Commerce said its position on tobacco products is…