Puerto Rico: Treasury cuts $5B disaster relief loan to $2B

SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor is demanding action from U.S. Congress after announcing that the Treasury Department has cut a nearly $5 billion disaster relief loan by more than half.Ricardo Rossello said Tuesday... Source: NZ Herald Business News

By | February 27th, 2018|Business|0 Comments

Lawmaker: Georgia GOP working to mend Delta rift over NRA

ATLANTA (AP) — A Republican lawmaker says Georgia officials are working behind the scenes to resolve a dispute pitting some GOP leaders against Delta Air Lines over the company's decision to cut ties with the National Rifle Association.Republican... Source: NZ Herald Business News

By | February 27th, 2018|Business|0 Comments

Jane Walker to replace Johnnie Walker on some scotch bottles

NEW YORK (AP) — It's not the alcohol playing tricks on your eyes: The striding figure on some bottles of Johnnie Walker scotch will be Jane Walker.Liquor maker Diageo says it plans to roll out bottles next month for a limited run.... Source: NZ Herald Business News

By | February 27th, 2018|Business|0 Comments

Cheers, protests as German court opens door to diesel car ban

A German court ruled Tuesday that cities can ban diesel cars and trucks to combat air pollution, a decision with wide-ranging and costly implications that marks a turning point for diesel vehicles in Germany.While environmentalists... Source: NZ Herald Business News

By | February 27th, 2018|Business|0 Comments

SeaWorld losses widen for the year, CEO Manby departs

ORLANDO, Fla. (AP) — SeaWorld's CEO Joel Manby is stepping down from his post as the theme park operator posted a fourth-quarter loss and continues to work on transforming its business.The company said Tuesday that John Reilly,... Source: NZ Herald Business News

By | February 27th, 2018|Business|0 Comments

Can Google Glass make a comeback?

Google has hinted that the company's much-maligned Google Glass headset could one day make a comeback as "augmented reality" technology improves.Rick Osterloh, the head of Google's hardware division, said hi-tech glasses were "very... Source: NZ Herald Business News

By | February 27th, 2018|Business|0 Comments

Chinese leader Xi Jinping demolishes illusion of Westernisation

The early decades of China's economic expansion and opening-up fostered a comforting feeling in Western circles that the world's most populous nation would "become more like us" as it bred a middle class which would espouse democratic... Source: NZ Herald Business News

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2 Singapore Airbnb hosts plead guilty to illegal rentals

SINGAPORE (AP) — Two men pleaded guilty Tuesday to using platforms including Airbnb to rent out condominium units for less than six months in Singapore, where short-term rentals are illegal.Terence Tan En Wei and Yao Songliang pleaded... Source: NZ Herald Business News

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Man who predicted the GFC tips Aussie house prices to tumble by up to half

Australian property prices could crash by up to 50 per cent in a looming global crisis tipped to be worse than the GFC and possibly even the Great Depression, according to a well known doomsayer.Harry Dent, a US demographer and... Source: NZ Herald Business News

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Cyberstalk victim says she feared tormentor would kill her

NEW YORK (AP) — Nearly two dozen times, Francesca Rossi called law enforcement to complain that an ex-boyfriend was harassing her online, posting nude images of her, sending notes to her bosses that she had a sexually transmitted... Source: NZ Herald Business News

By | February 27th, 2018|Business|0 Comments