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Source: New Zealand Infotech Weekly

Wellington :: New Zealand | updated 2014-07-31 20:58:24 -0700 | business-news

Lianne Dalziel The public will be consulted about possible asset sales as the Christchurch City Council warns rate rises will not be enough to plug a funding hole of up to $883m by 2019. The scale of the financial black...
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Source: Scoop

California City :: CA :: USA | updated 2014-07-31 18:42:29 -0700 | business-news

Hellaby Holdings, the diversified investment company, will take a $26.9 million impairment against its 2014 earnings to write off goodwill on its shoe stores Hannahs and Number One Shoes, after two years of poor performance. Footwear has been a laggard...
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Source: Las Vegas Review-Journal / Sun

Las Vegas :: NV :: USA | updated 2014-07-31 16:47:06 -0700 | business-news

Colorful balloons proclaiming It's your Day! decorated a room permeated by the smell of bacon-wrapped chicken and grilled vegetables. Seven of 48 juveniles at the Red Rock Academy, a state detention facility in Clark County, were about to graduate Wednesday...
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Source: Daily Mail & Guardian

Pretoria :: South Africa | updated 2014-07-31 16:46:58 -0700 | business-news

Bean There at 44 Stanley in Jo'burg uses SnapScan. (Madelene Cronje, M&G) There's a revolution under way, and this one's not being agitated by the working class, although they certainly have their part to play. It is being waged by...
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Source: Daily Mail & Guardian

Johannesburg :: South Africa | updated 2014-07-31 16:46:54 -0700 | business-news

The state has created 3.7-million housing 'opportunities' since 1994. (Madelene Cronje, M&G) The government has set itself the ambitious target of trying to eradicate the state's 2.3-million housing backlog in the coming years, after which it may end the provision...
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Source: Scoop

Toronto :: Canada | updated 2014-07-31 16:42:58 -0700 | business-news

We are delighted to welcome Nicole, Senior Editor of The Automatic Earth website to our team said party co-leader Deirdre Kent. Nicole, a Canadian has recently arrived to live in Motueka and is in demand as an international speaker on...
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Source: Baltimore Sun

New Bedford :: MA :: USA | updated 2014-07-31 16:40:50 -0700 | business-news

The development firm, which is working with Henson Development Co. on the Point Street Apartments, outlined plans before the city's design review panel for the 290,000-square-foot building, which would be located on what is currently a surface parking lot just...
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Source: New Zealand Infotech Weekly

Christchurch :: New Zealand | updated 2014-07-31 16:47:32 -0700 | business-news

Increased retail competition in west Auckland and the rise of online shopping has prompted listed property fund Argosy Property to sell its Waitakere Mega Centre in Auckland. The centre sold for its current book value of $45.75 million to a...
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Source: The Daily Herald

Chicago :: IL :: USA | updated 2014-07-31 16:03:15 -0700 | business-news

Joe Onzick, the county's finance director, told the committee revenues flowing into most county departments are declining, but sales and income taxes are ticking upward. The overall 2015 forecast sees county income rising by 1.6 percent and expenditures rising 4.2...
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Source: The Daily Herald

Chicago :: IL :: USA | updated 2014-07-31 16:03:11 -0700 | business-news

The agency is working on specifics and will try to maintain hours as much as they can at popular sites, like those involving Abraham Lincoln, Martin said. The agency's budget for historic site operations was cut by $1.1 million for...
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Source: Miami Herald

Juneau :: AK :: USA | updated 2014-07-31 12:30:14 -0700 | business-news

The University of Alaska Southeast campus in Juneau will eliminate four positions as it deals with a $2 million deficit this year. The Juneau Empire reports (http://is.gd/sAAen9) state funding for the university system was cut by more than $8 million...
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Source: Miami Herald

Atlanta :: GA :: USA | updated 2014-07-31 12:30:10 -0700 | business-news

Coca-Cola is reversing course after fans of Vitaminwater complained about the drink's new sweetener. The Atlanta-based company promised Thursday the drink would go back to its previous taste after fans flooded Vitaminwater's Facebook page with negative comments.
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Source: BNET

Kiev :: Ukraine | updated 2014-07-31 15:22:35 -0700 | business-news

A looming debt default in Argentina, ongoing geopolitical hotspots and caution ahead of Friday's jobs report are all also playing a role. Some of the corporate earnings news has also been mixed, with Exxon Mobil ( XOM ) reporting soft...
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Source: Xtra News

Brasília :: Brazil | updated 2014-07-31 14:53:39 -0700 | business-news

Brazil's telecommunications regulator, Anatel, on Thursday approved combining three companies owned by Carlos Slim's America Movil, on the condition that its cellphone division Claro register as a publicly held company with the country's securities watchdog, CVM.
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Source: Scoop

Sydney :: Australia | updated 2014-07-31 15:30:14 -0700 | business-news

The New Zealand dollar weakened as US labour market data strengthened the greenback, bolstering optimism of an upbeat US non-farm payrolls report today which may reinforce the case for the Federal Reserve to hike rates sooner than pexpected. The kiwi...
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