Cruise control: GM's No. 2 exec to run self-driving car unit

SAN FRANCISCO (AP) — General Motors' No. 2 executive is moving from Motor City to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation.GM... Source: NZ Herald Business News

By | November 29th, 2018|Business|0 Comments

The Latest: WH says informal talks for Turkey, S Korea

BUENOS AIRES, Argentina (AP) — The Latest on President Donald Trump and the G-20 summit (all times local):2:45 p.m.White House spokeswoman Sarah Huckabee Sanders says President Donald Trump will speak informally with the leaders... Source: NZ Herald Business News

By | November 29th, 2018|Business|0 Comments

Icelandair abandons takeover of rival budget airline Wow

Icelandair is dropping its $18 million purchase of financially troubled Wow Air, a rival Iceland-based budget airline that touts cheap flights between the U.S. and Europe.Icelandair Group said Thursday it's unlikely terms of the... Source: NZ Herald Business News

By | November 29th, 2018|Business|0 Comments

Calling all growers: Cannabis firm Helius Therapeutics looking to sign deals with Kiwis growing marijuana

Medicinal cannabis firm Helius Therapeutics is calling on New Zealanders secretly growing unique strains of marijuana to come out of the shadows. The company, one of only three licensed cannabis producers in New Zealand, aims to... Source: NZ Herald Business News

By | November 29th, 2018|Business|0 Comments

Asian stocks gain after Fed chief hints rate rises may slow

BEIJING (AP) — Most Asian stock markets followed Wall Street higher on Thursday after Federal Reserve Chairman Jerome Powell suggested the pace of U.S. interest rate increases might slow.KEEPING SCORE: Tokyo's Nikkei 225 rose 0.4... Source: NZ Herald Business News

By | November 29th, 2018|Business|0 Comments

McConnell's year-end wish: Getting Congress to legalize hemp

LOUISVILLE, Ky. (AP) — Pressed for time and pushed to move quickly on a border wall and criminal justice reform, the Senate's top leader has his own priority in Congress' lame-duck session: passing a farm bill that includes a full... Source: NZ Herald Business News

By | November 29th, 2018|Business|0 Comments

In China, your car could be talking to the government

SHANGHAI (AP) — Global automakers are feeding real-time location information and dozens of other data points from electric vehicles to Chinese government monitoring centers, potentially adding to China's rich kit of surveillance tools... Source: NZ Herald Business News

By | November 29th, 2018|Business|0 Comments

Global automakers are feeding real-time information about electric vehicles to Chinese government monitoring centers

SHANGHAI (AP) — Global automakers are feeding real-time information about electric vehicles to Chinese government monitoring centers. Source: NZ Herald Business News

By | November 29th, 2018|Business|0 Comments

Disorderly Brexit could unleash savage recession, Bank of England

The UK could suffer the worst economic slump since at least World War II if Prime Minister Theresa May fails to get her Brexit plan past lawmakers and the country crashes out of the European Union without a deal.The stark warning... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments

Facebook to ramp up number of local news stories in feed

Facebook is cautiously expanding a feature that shows people local news and information, including missing-person alerts, road closures, crime reports and school announcements.Called "Today In," the service shows people information... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments