Wednesday, 27 Nov 2024

Business

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Matthew Hooton: National’s woes go right to the top

OPINION: It’s still best to assume that, one day, there’ll be another National Government. It’s not impossible for major parties to completely dissolve. In 1993, Canada’s 50-year-old Progressive Conservatives collapsed from 169 seats to just two. The partywas wound up in 2003. Nevertheless, MMP should save National, as it did Labour in the mid-1990s and […]

The End of Stock Market Fundamentals?

AMC’s shares are defying gravity. That could have consequences. By Andrew Ross Sorkin, Jason Karaian, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni What is anything worth? Remember GameStop? The original meme stock, which surged in January as retail traders banded together to buy it, now seems like ancient history. These days, it’s all about […]

United Airlines Wants to Bring Back Supersonic Air Travel

The airline, which plans to buy planes from Boom Supersonic, a start-up, could become the first to offer ultrafast commercial flights since the Concorde stopped flying in 2003. By Lauren Hirsch The era of supersonic commercial flights came to an end when the Concorde completed its last trip between New York and London in 2003, […]

Josie Pagani: No Roger, NZ wages haven’t really gone up

OPINION: The arguments against Fair Pay Agreements (and by implication higher wages), from the New Zealand Initiative’s Roger Partridge this week only stack up if you accept that wages in New Zealand are high enough, and also that if wages rose higher, then unemployment would go up. It’s true that wages have risen in the […]

How to Save Billions in Taxes

More on the study that says ViacomCBS used international tax networks to cut its bill. By Andrew Ross Sorkin, Jason Karaian, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni Of tax shelters and ‘Transformers’ Our Times colleague Ed Lee, who wrote about a study finding that ViacomCBS used overseas tax shelters to avoid paying billions […]

S&P 500 dips, as healthcare weighs; Dow ends higher

(Reuters) – The S&P 500 dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.FILE PHOTO: A Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, […]

S&P 500 dips, as healthcare weighs; Dow ends higher

(Reuters) – The S&P 500 dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.FILE PHOTO: A Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, […]