Latest from Companies

SkyCity to pay $73m for anti-money laundering breaches

A settlement deal with the regulator is still to be approved by the federal court.

Tesla must climb ‘Mt Everest’ to win shareholder vote, chair warns

Financial Times: Chair says the idea that she is too close to Elon Musk is ‘crap’.

'Fresh energy' needed: Warehouse CEO steps down

The discount retail chain has struggled in recent years.

Fonterra makes its ‘boldest call yet’

Ari Dekker on the co-op’s move to put its consumer business up for sale.

Boeing supplier laying off staff after production of troubled 737s slows

The key Boeing supplier makes the fuselages for its popular 737 Max aircraft.

Reddit shares surge as it strikes content deal with OpenAI

Financial Times: The agreement gives OpenAI access to content on Reddit.

$1b listed retail landlord Investore Property halves losses, outlook ‘soft’

The company developed a new $26.1 million Woolworths at Kaiapoi in the past year.

Rising costs prompts Contact to rethink Wairākei development

"Assessed total project costs have come in substantially higher than previously expected."

Massive $458m property deal planned: Vero Centre to be sold

Overseas Investment Office approval needed, buyer's identity remains unknown.

Slower pace of US inflation sends Wall Street stocks to record highs

Financial Times: Investors increase bets on Fed interest rate cuts this year.

'Bonkers' or brave? Restoring wonky buildings at $200m Ayrburn

'Some of these farmers must have thought we were bonkers when we turned up.'

Auckland, Northland's 43 best buildings: Architecture awards announced

State-owned apartments, an innovation hub and an early learning centre also won awards.

GameStop and AMC shares surge for second day in ‘meme stock’ revival

Financial Times: Re-emergence of popular day trader sparks “meme stock” rally.

Fitness film set at Les Mills gets WorkSafe attention

"An inspector carried out an assessment and issued a prohibition notice preventing work."

Accountant shortage prompts US plan for quicker path to qualification

Financial Times: Pressure to cut educational requirement has grown as new recruits dry up.

Ocean Flyer's commercial seaglider project signs multimillion dollar financing deal

The bold Hawke's Bay initiative gets international support.