UK expects Brexit deal with EU by 21 November

Brexit Secretary Dominic Raab has said he expects a deal on the UK's divorce from the European Union to be finalised by November 21. The pound rose.In a letter sent October 24, and published on Wednesday, Raab said "a great deal... Source: NZ Herald Business News

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

Marijuana shortages plague Canada as demand surges after legalisation

The name of the store is High North, but it might as well be named High and Dry because for all but about four hours of the first two weeks since marijuana was legalised in Canada, there was no pot to sell.Trevor Tobin, one of the... Source: NZ Herald Business News

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

L.L. Bean looks to northern neighbor to boost sales

FREEPORT, Maine (AP) — U.S. retailer L.L. Bean is looking to sell more parkas, sweaters, flannel and mittens in Canada as part of its strategy for a return to sales growth.The 106-year-old retailer's iconic boot and other products... Source: NZ Herald Business News

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

Law enforcement faces dilemma in assessing online threats

BOISE, Idaho (AP) — Their anger is all over social media for the whole world to see, with rants about minorities, relationships gone bad or paranoid delusions about perceived slights.The perpetrators of mass shootings often provide... Source: NZ Herald Business News

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

GM offers buyouts to 18K salaried workers in North America

DETROIT (AP) — General Motors will attempt to cut costs by offering buyouts to about 18,000 white-collar workers in North America.The company made the offer Wednesday to salaried workers with 12 or more years of service.The announcement... Source: NZ Herald Business News

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

Samsung reports 3rd-quarter profit surge on demand for chips

SEOUL, South Korea (AP) — Samsung Electronics Co. has posted record operating profit for the last quarter with robust demand for its mainstay memory chips compensating for a slowdown in its smartphone business.The South Korean technology... Source: NZ Herald Business News

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

Huge fine for Carter Holt Harvey after worker caught in press machine, seriously injured

Carter Holt Harvey has been fined $371,000 - plus costs and reparations - after a worker was seriously injured by a press machine.Steven Vincent's chest and shoulder were crushed, and he suffered multiple fractures, cuts and lung... Source: NZ Herald Business News

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

Pacific rim trade pact goes ahead after Australia ratifies

BANGKOK (AP) — The Pacific rim trade pact abandoned by President Donald Trump will take effect at the year's end after Australia became the sixth nation to ratify it.Australia announced Wednesday that it had completed procedures... Source: NZ Herald Business News

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Why is it so hard to text 911?

NEW YORK (AP) — People can livestream their every move on Facebook and chatter endlessly in group chats. But in most parts of the U.S., they still can't reach 911 by texting — an especially important service during mass shootings... Source: NZ Herald Business News

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

High hopes & hype for experimental depression drug ketamine

CHICAGO (AP) — An anesthetic also used as the club drug, Special K, is finding new life as unapproved treatment for severe depression.Clinics have opened around the U.S. promising nearly instant relief with ketamine.Many experts... Source: NZ Herald Business News

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