Chiquita Brands faces new death squad charges in Colombia

BOGOTA, Colombia (AP) — Colombian prosecutors have charged 13 Chiquita Brands International employees with aiding a right-wing death squad that murdered hundreds of people at the turn of the century.In a statement issued on Friday,... Source: NZ Herald Business News

By | August 31st, 2018|Business|0 Comments

The Vanderbilts, Hartfords, Pultizers and Goulds: How these famous families lost it all

As the old saying goes, wealth is made — and lost — in just three generations.And that theory certainly holds true if these very famous examples are anything to go by.Here's the incredible, true story of four prominent American... Source: NZ Herald Business News

By | August 31st, 2018|Business|0 Comments

Oregon's only heart transplant program shuts down

PORTLAND, Ore. (AP) — The only Oregon hospital to offer heart transplants abruptly shut down its program Friday, leaving nearly two dozen patients on its waitlist to seek out-of-state treatment and hundreds of others in limbo for... Source: NZ Herald Business News

By | August 31st, 2018|Business|0 Comments

Jason Murphy: The end of the smashed avo lie? Why under 35s are screwed

House prices are astronomically high in New Zealand and many young families are struggling to get on the housing ladder - as seen in the flood of applications for KiwiBuild's 'affordable' homes, which are still at least half a million... Source: NZ Herald Business News

By | August 31st, 2018|Business|0 Comments

United Airlines is raising baggage fees, matching JetBlue

United Airlines is raising checked-bag fees for many passengers, matching a move earlier this week by JetBlue Airways.United raised fees for checking a first bag from $25 to $30 and a second bag from $35 to $40 for tickets issued... Source: NZ Herald Business News

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Arizona canyon famed for waterfalls to reopen after flooding

FLAGSTAFF, Ariz. (AP) — An Arizona canyon that's world famous for its blue-green waterfalls is reopening Saturday, weeks after flooding closed it to tourism.The Havasupai reservation deep in a gorge off the Grand Canyon has been... Source: NZ Herald Business News

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Researcher admits plot to steal GSK secrets to sell in China

PHILADELPHIA (AP) — A cancer researcher has pleaded guilty to conspiring to steal biopharmaceutical trade secrets from GlaxoSmithKline in what prosecutors said was a scheme to set up companies in China to market them.Yu Xue entered... Source: NZ Herald Business News

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New York couple wins Green Mountain Power home giveaway

RUTLAND, Vt. (AP) — A New York couple has won Green Mountain Power's home giveaway in Vermont.Martin Schreiner and Lucas Hugh beat more than 160 other applicants with their 500-word essay on why they wanted to live in an energy-efficient... Source: NZ Herald Business News

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Court hears Caymans used to 'disguise commercial reality' in Eric Watson case

Eric Watson's offshore structuring has come under the microscope, with an expert witness claiming several Cayman Islands companies were set up to "disguise the commercial reality".John Hagen, an Auckland chartered accountant, today... Source: NZ Herald Business News

By | August 31st, 2018|Business|0 Comments

UN study warns: Capitalism is dying

Capitalism as we know it is coming to an end because it fails to look after people's long-term needs and focuses on short-term profit, researchers have warned the UN. Constant economic growth has been fueled for decades by an abundance... Source: NZ Herald Business News

By | August 31st, 2018|Business|0 Comments