Tuesday, 26 Nov 2024

Business

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Lost labour: The inequities in NZ’s immigration policy

If you’ve got a spare $10 million, gaining NZ residency is a cinch. For others, though, there’s a frustrating wait for visa applications to be processed, and changing rules for employers to navigate. By Janet Wilson. If anything symbolises the inequities in New Zealand’s immigration policy, it was the revelation that Larry Page, the co-founder […]

Anthony M. Scotto, Former Union Power on the Docks, Dies at 87

Anthony M. Scotto, a former leader of the longshoremen’s union whose polished manners and soft-spoken approach made him seem out of place in the turbulent, often corrupt world of the waterfront until he himself went to prison for labor racketeering, has died. He was 87. His death was announced on Sunday on Instagram by his […]

The tricky task of replacing Tim Cook at Apple’s core

As Tim Cook reaches a decade at the helm of the iPhone maker, the world’s most valuable company has a tough choice over its next leader. When Steve Jobs stepped down as Apple chief executive in August 2011, many wondered if the company’s age of innovation he had led might be over. Few, though, were […]

When the property market turns 'crazy'

(BLOOMBERG) – Soaring prices. Competition. Desperation. The dramatic conditions for US home buyers during the past year are now spilling into the market for rentals. Landlords from Tampa, Florida, to Memphis, Tennessee, and Riverside, California, are jacking up rents at record speeds. For each listing, multiple people apply. Some renters are forced to check into […]

Apple delays its return to office until January.

Apple again delayed its return-to-office date until January because of the continuing spread of the coronavirus in the United States. Deirdre O’Brien, Apple’s head of human resources, told employees in an email late Thursday that the company’s offices and retail stores remained open, but that employees would not be required to return until January at […]

Liz Shuler Is Named President of the A.F.L.-C.I.O.

The A.F.L.-C.I.O. has chosen Liz Shuler, its acting president since the death of Richard Trumka this month, to lead the federation until it holds elections next June. Ms. Shuler had served as secretary-treasurer, the A.F.L.-C.I.O.’s second-ranking official, since 2009. The decision to name Ms. Shuler president came at a meeting of the A.F.L.-C.I.O. executive council […]

Wall St supported by tech, but heads for weekly losses

(Reuters) – The Nasdaq led gains among Wall Street indexes on Friday, driven by strength in tech stocks, although concerns over a slowing economic recovery and the possible tapering of stimulus saw the Dow and the S&P 500 set for their worst week since mid-June.Signage hangs over the trading floor at the New York Stock […]

That $56,000 Drug? Blame Medicare.

In the endless struggle to rein in high drug prices, one glaring failure has been grabbing the headlines: the exorbitant cost of drugs that need to be administered by physicians. Such drugs were once a rarity. But they are now more than one-fifth of all Medicare drug spending and growing rapidly, thanks in part to […]

Morrisons hit with fresh £7bn takeover bid by US private equity firm

A £7bn bid for the supermarket chain Morrisons by US private equity firm Clayton Dubilier & Rice has been backed by the supermarket’s board, edging the company towards a takeover of the Bradford-based grocer. The offer by CD&R tops a rival bid by a private equity-backed consortium of £6.7bn, and is the latest development in […]