Allbirds faces tough turnaround as sales slide and cash reserves drop
“At the same time, we are taking definitive steps to further reduce costs, enhance liquidity, and pursue value-creating…
$20b milestone: Kiwi tech firms enjoy another boom year, but local jobs fall sharply – Tin200 report
“The decline in the NZ dollar against the US dollar is helping offset some of the disruption in…
Downer New Zealand makes $2.5b revenue, profit up 247% after expenses fall
All up, expenses were down from $2.6b to $2.4b. In May, Hawkins was ranked the country’s busiest builder.…
Perplexity’s Investor Demand Shows Just How Wild the AI Bubble Has Become
In the new AI gold rush, startups aren’t raising money every year; they’re raising massive rounds every month.…
New Zealand’s Wegovy and Ozempic alternative Calocurb says it’ll double its business with new US deal
The CRI approached supplement industry veteran Sarah Kennedy, who in 2021 formed Calocurb to commercialise the product. Kennedy’s…
These states won’t tax retirement income
Some retirees will find themselves living in much more tax-friendly states than others. Stefon Walters | The Motley…
Apple’s NZ operation returns to growth in a recession-hit market
Apple does have boots on the ground in Auckland, but with a focus on firmware and engineering roles…
Auckland restaurant Sidart owes former owner almost $1m after going into liquidation
“To our amazing guests, thank you for your continued patronage, your smiles, and the many conversations that turned…
Washington’s exports rise despite sluggish economic growth and slow employment rates
SEATTLE — State lawmakers have been working to understand the state’s economic forecast after a less-than-optimal report. While…
Macpac revenue and profit fall as New Zealand demand softens
The business has 39 stores in New Zealand, 26 in the North Island and 13 in the South…
Inland Revenue cracks down on overdue tax bills: IRD makes phone calls to claim GST, employer tax
The IRD said it was focusing on overdue goods and services tax (GST) and employer tax. “Where GST…
$20m+ Auckland property failure: Creditors of six companies named
The other companies, owned by the same shareholders and directors, are also in liquidation, taking the full tally…