Uber Freight faces long road ahead

The American trucking dream conjures up certain romantic, analogue notions: long days on the highway, enormous portion sizes at roadside restaurants, and a generous helping of country and western music.It is hardly an image that…

Kiwi businesses could be hit by new EU privacy laws

Many Kiwi businesses could be caught out by far-reaching new privacy laws about to take effect in by Europe, a computer science expert fears.In five days, the European Union’s General Data Protection Regulation (GDPR) law comes…

Two banks announce special term deposit offers, both for terms less than one year, and both with rates that compare well with an 18 month term

Tweet Competition for term deposits has just hotted up. Two banks have just announced attractive special rates rates for seven and eight month terms respectively. ANZ has added +25 bps to their eight month rate offer, taking it to 3.55%. And SBS Bank has gone one better (or actually +10 bps better), announcing a 3.65% seven month rate. These are …

Comment: Even Warren Buffett learned the hard way

Much of Wall Street these days worships at the altar of “shareholder value.” Sounds like a benign term, doesn’t it? But in reality, “shareholder value” is a euphemism for “get the price of your stock up and keep it going up” regardless…