PORTLAND, Ore. (AP) ” Portland and Multnomah County leaders on Tuesday urged the governors of Oregon and Washington to push Congress for a permanent ban on oil-by-rail in the wake of a fiery train derailment along the Columbia River.The…
BurgerFuel may cancel US expansion if backer pulls out, posts loss
BurgerFuel Worldwide, the NZAX-listed fast food chain franchisor, says it may ditch its plans to enter the US market and is uncertain of its support from backer Franchise Brands. Entry into the world’s biggest economy has been much…
Kiwis keen to boost savings contributions
Almost half of the people questioned in a survey would increase their contributions to KiwiSaver by 1 per cent – backing moves by the government’s money help service to make the savings scheme more flexible.ANZ bank questioned 2000…
Blastoff – NZ signs space deal with US
New Zealand has signed an agreement with the United States imposing rules for Outer Space and use of rocket equipment as Auckland-based company Rocket Lab gears up for a launch.The agreement covered safeguards associated with the…
Goldman Sachs 'paid for prostitutes in a bid to win Libyan investment'
Goldman Sachs hoodwinked Libyan officials in Colonel Gaddafi’s ruthless regime into investing more than £800million (NZ$1613 million) by plying them with prostitutes, lavish parties and luxury trips, a UK court has heard.Brokers…
Juha Saarinen: Apple ties up software loose ends
The Worldwide Developer Conference was all about coding and software for Apple, with no mention of new hardware like the iPhone 7 being made.There’s a good reason for that: Apple needed to tighten up its four software platforms:…
John Key potentially backs debt-to-income restrictions
Prime Minister John Key says he “potentially” supports income-related restrictions on mortgage lending.Mr Key said increasing supply was still the main issue to dampen the “overheated” Auckland property market, but the Reserve Bank…
Is your money in intensive care?
Around 735,000 Kiwis are thought to be in “intensive care” when it comes to their finances, according to the Commission for Financial Capability .But how do you really know if your money is in trouble?The commission has come…
Auckland bar worker paid $4 an hour
A migrant worker was paid $4 an hour while working in bars and liquor stores in South Auckland owned by two companies.A Ministry of Business, Innovation and Employment labour inspector conducted an investigation into the employment…
Apple and Google can't stand app store chaos
Apple and Google own the platforms that define 29 per cent of the time we spend staring at our screens, the the share of our attention spent on mobile devices. Yet it’s developers, most of them independent, who control our experience…