Belmiro de Azevedo, top Portuguese entrepreneur, dies at 79

LISBON, Portugal (AP) — Belmiro de Azevedo, one of Portugal's most successful businessmen who built his company Sonae into an international conglomerate, has died. He was 79.In a statement Wednesday, his company said Azevedo died... Source: NZ Herald Business News

By | November 29th, 2017|Business|0 Comments

The Latest: San Francisco could have recreational pot Jan. 5

SAN FRANCISCO (AP) — The Latest on recreational marijuana sales in San Francisco (all times local):9:45 a.m.Recreational weed could be on sale in San Francisco as soon as Jan. 5 if the mayor quickly signs legislation approved... Source: NZ Herald Business News

By | November 29th, 2017|Business|0 Comments

Arkansas judge drops murder charge in Amazon Echo case

BENTONVILLE, Ark. (AP) — An Arkansas judge has dismissed a murder charge in a case involving evidence gathered by an Amazon Echo smart speaker.Television station KHOG reports that the prosecutors' request to dismiss a first-degree... Source: NZ Herald Business News

By | November 29th, 2017|Business|0 Comments

Digital media company BuzzFeed cutting jobs in US, UK

NEW YORK (AP) — Digital media company BuzzFeed is cutting 8 percent of U.S. employees, or 100 jobs, as changes its business model in a bid to boost revenue.It's also cutting an unspecified number of U.K. jobs. The company has 1,700... Source: NZ Herald Business News

By | November 29th, 2017|Business|0 Comments

That's cheating! Video-game companies suing crooked players

RALEIGH, N.C. (AP) — A video-game maker is suing online gamers for designing or using computer code allowing them to crush competitors playing the popular "Fortnite" survival video game.Epic Games says in lawsuits in North Carolina... Source: NZ Herald Business News

By | November 29th, 2017|Business|0 Comments

Turkish-Iranian gold trader set to testify at US trial

NEW YORK (AP) — A wealthy Turkish-Iranian gold trader is set to testify at a New York trial about how he helped Iran evade U.S. economic sanctions.Prosecutors say Reza Zarrab likely will take the stand Wednesday and will be a key... Source: NZ Herald Business News

By | November 29th, 2017|Business|0 Comments

In revamped Jeep Wrangler, big changes are beneath the skin

Fiat Chrysler has revamped the venerable Jeep Wrangler for the first time in a decade.The looks haven't changed much but a lot is different beneath the skin. New engines are coming, including a diesel and a four-cylinder gas-electric... Source: NZ Herald Business News

By | November 29th, 2017|Business|0 Comments

Canada tests 'basic income' effect on poverty amid lost jobs

HAMILTON, Ontario (AP) — Former security guard Tim Button considers how a sudden increase in his income from an unusual social experiment has changed his life in this Canadian industrial city along the shore of Lake Ontario.Sipping... Source: NZ Herald Business News

By | November 29th, 2017|Business|0 Comments

Economy Hub: Good news for first home buyers as Reserve Bank moves

The Reserve Bank's surprise move to ease loan-to-value ratio restrictions will be welcomed by first-home buyers who are increasingly well placed to take advantage of a slower market.The amount of lending the banks can do to owner-occupier... Source: NZ Herald Business News

By | November 29th, 2017|Business|0 Comments

Backers, foes of Keystone XL seek clarification in ruling

LINCOLN, Neb. (AP) — The developer of the Keystone XL pipeline and the project's opponents are asking Nebraska regulators to clarify their recent decision to approve an alternative pipeline route through the state.Attorneys for... Source: NZ Herald Business News

By | November 28th, 2017|Business|0 Comments