The future of the iconic Auckland Showgrounds hangs in the balance after the events-and-exhibitions industry got wind of an alleged confidential deal between the showgrounds’ owners, The Cornwall Park Trust, and an Auckland film studio. Jane Phare reports. No more Royal Easter Show, no more crowds at the Food Show, the Gift Fairs, the Baby Show, Armageddon, Big Boys’ Toys, […]

Fletcher Building’s residential development division has struck a deal to buy 6.2ha of Auckland Thoroughbred Racing’s Ellerslie land and sought Government fast-track consent for hundreds of homes there. A joint statement today from Auckland Thoroughbred Racing chief executive Paul Wilcox and Fletcher Living chief executive Steve Evans announced the agreement but no price was put on the possible sale – […]

NEW YORK (Reuters) – The U.S. Treasury yield curve is flashing a warning sign to Wall Street, where many are worried that a recession could be in store after bond investors pushed up short-term rates to the point where yields on the two-year Treasury were actually higher than the 10-year Treasury.People walk by the New York Stock Exchange (NYSE) in […]

Originally published by The Spinoff Just five years after launching, online investment platform Sharesies has half a million New Zealand users with $2b invested. Simon Pound spoke with co-founder Brooke Roberts for returning podcast series Business is Boring. For a long time investing felt inaccessible to a lot of New Zealanders – the sharemarket was seen as an exclusive space […]

The Environmental Protection Agency on Friday objected to the state’s proposed operating permit renewal for the Suncor oil refinery in Commerce City and expressed concerns about how pollution from the facility impacts its low-income and mostly minority neighbors. The Colorado Department of Public Health and Environment, which submitted the 373-page permit for Suncor, has 90 days to respond to the […]

Slideshow ( 2 images )WASHINGTON (Reuters) – The Biden administration will announce on Wednesday new steps to crack down on real estate appraisers who assign lower home price estimates to Black and Latino homeowners, senior officials said. Mortgage finance agency Freddie Mac found in 2021 that Black and Latino people were more likely to have their homes valued under the […]

TOKYO (Reuters) -Japan’s Renesas Electronics Corp, Murata Manufacturing Co Ltd, Sony Group Corp and other precision parts makers halted some operations on Thursday after an earthquake jolted the country’s northeast, the latest blow to the global supply chain.FILE PHOTO: A Renesas Electronics Corp’s chip is pictured at the company’s office in Tokyo, March 21, 2013. REUTERS/Yuya ShinoEven as Japan’s dominance […]

Five Starbucks in Colorado have joined the effort growing across the country to unionize the omnipresent coffee stores with the readily recognizable green signs featuring a two-tailed mermaid. Two stores in Denver, two in Colorado Springs and one in Superior have filed petitions with the National Labor Relations Board to be represented by Workers United, an affiliate of the Service […]

Metro-area companies are preparing to welcome an influx of employees back to their offices as COVID-19 cases dwindle statewide, but it’s still too early to define the business sector’s “new normal.” Industry giants, including Bank of America, Google, Centura Health and Lockheed Martin, are experimenting with different approaches to reestablish their office cultures. But many Colorado workers are insisting on […]

MILAN (Reuters) -Telecom Italia shares rose on Monday after Italy’s biggest phone group said it would pursue a domestic broadband deal, while also engaging in talks with KKR over the U.S. fund’s 10.8 billion euro ($12 billion) takeover approach.FILE PHOTO: The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara NardiAfter a near six-hour board […]