‘Selling a promise’: what Silicon Valley learned from the fall of Theranos – The Guardian
The company’s collapse has changed the startup environment, but some say the industry still hasn’t faced a ‘true reckoning’
Business
Business
Officials call for no gatherings over Labor Day weekend as Hawaii goes through ‘most severe part’ of COVID pandemic – KHON2
Case numbers continue to rise, hospitals remain stretched thin, the morgue is near capacity and 25 residents died in the last…
Business
Scepticism grows in El Salvador over pioneering Bitcoin gamble – The Guardian
Country will be first to adopt cryptocurrency as legal tender next month – but economists are sounding warnings over risks
New Zealand woman dies after receiving Pfizer vaccine – BBC News
Officials say she also had other medical issues which could have contributed to her death.
IR extends hassle-free, tax-free option for reimbursing home working expenses – Stuff.co.nz
Scheme lets employers pay staff total of up to $20 a week for general and telco expenses.
Air New Zealand to retire all Boeing 777s – its largest jet – Stuff.co.nz
The airline will gradually move to more fuel-efficient Dreamliners for all its longhaul flying.
Ford Falcon GTHO Phase IV sets new price record for an Australian-made road car – Drive
One of Australia’s rarest cars – a 1972 Ford XA Falcon GTHO Phase IV – has reportedly sold for $1.75 million, overtaking the…
Countdown fast forwards opening of new $100m distribution centre in Palmerston North to cater to surging North Island demand – Stuff.co.nz
Spikes in food demand in the North Island have persuaded Countdown to open huge distribution centre ahead of time.
Crown Resorts falls to $261m loss after pandemic shuts casinos – Sydney Morning Herald
The beleaguered gaming giant unveils a heavy loss and will not pay a dividend after being forced to close or restrict operations…
Countdown opens new 3.8ha $100m Palmerston North distribution centre 3 weeks early – New Zealand Herald
Chain sent just under 3.5 million cartons of food/groceries to stores in last week.