Target has proposed to pay $10 million to settle a class-action lawsuit over its massive 2013 data breach, according to court documents filed in the US District Court in Minnesota on Wednesday.The settlement, if approved by a judge,…
John Drinnan: Advertisers left to rein in TV
MediaWorks will be weighing up ratings for outrageous TV against advertiser concerns about the Joe Irvine humiliation.Some advertisers are getting nervous that they have become the arbiters of what is acceptable on New Zealand television.Advertisers…
Amazon to test delivery drones in US
US aviation officials announced Thursday they will allow online giant Amazon to carry out testing for its drone program which could be used for quick deliveries.The Federal Aviation Administration statement said it issued “an experimental…
Brian Fallow: Low inflation defies models
Remember inflation?The Reserve Bank estimates the annual inflation rate right now is zero. Zip, zilch, nada, none.That is consumer price inflation, of course. House price inflation is a different story.But the bank’s price stability…
Labels to say how many calories in that Johnnie Walker shot
NEW YORK (AP) ” Want to know how many calories are in your shot of Johnnie Walker or your pint of Guinness? You’re about to find out.Diageo, the global alcohol giant behind those brands, along with Smirnoff, Bailey’s, Bushmills…
Stock Takes: Beingmate buy raises questions
It remains to be seen how, if at all, Fonterra will communicate the performance of its Chinese infant formula investment to farmers and unit holders in its NZX-listed shareholders’ fund.The dairy giant confirmed this week that it…
Business Highlights
___Why Fed won’t have a big impact on your loans anytime soonNEW YORK (AP) ” Nobody knows when exactly, but the day will eventually come when the Federal Reserve nudges its benchmark lending rate from next to zero to something…
Amazon gets FAA certificate to experiment with drones
NEW YORK (AP) ” The Federal Aviation Administration says it has issued online retailer Amazon a certificate to experiment with unmanned aircraft for research, development and crew training.The FAA said Thursday that under the provisions…
Murdoch picks up APN shares
Rupert Murdoch’s News Corp has picked up a 14.99 per cent stake in ASX-listed media company APN after Ireland’s INM and INM’s biggest shareholder, Denis O’Brien, sold a collective 30.8 per cent stake in the company, which publishes…
Tips for women wanting to start a business
Sometimes to start a business, you just have to take that first step.Recently, I had the pleasure of serving on a panel regarding women entrepreneurs for the Social Enterprise Symposium moderated by Christine Beckman, academic director…