Sunday, April 26

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Former congressman George Santos pleads guilty, faces at least 2 years in prison
World News

Former congressman George Santos pleads guilty, faces at least 2 years in prison

Former US congressman George Santos gives a statement after a court hearing where he pleaded guilty to wire fraud and aggravated identity theft. Photo: Michael M. Santiago/Getty Images/AFP By Jack Queen and Luc Cohen, Reuters Former US Representative George Santos pleaded guilty to fabricating fundraising figures, cementing the downfall of a novice politician who was expelled from Congress last year after a brief, scandal-plagued tenure. Santos, a Republican, pleaded guilty to one count of wire fraud and one count of aggravated identity theft, the latter carrying a mandatory two-year prison sentence. The charges stemmed from inflating fundraising numbers and faking donor names to qualify for financial and logistical support from the Republican party during the 2022 election cycle, when ...
Sicily yacht capsize: Kiwis on board luxury boat that sank
World News

Sicily yacht capsize: Kiwis on board luxury boat that sank

An Italian fire brigade helicopter and Coastguard boats are searching for six people missing after a yacht sank off the coast of Porticello, in Sicily, on August 19, 2024. Photo: AFP / Italian Coastguard Two New Zealanders were on board a luxury yacht that has sunk off the Sicilian capital Palermo in Italy, the Ministry of Foreign Affairs and Trade says. One person died and six people are missing. Ayla Ronald, a New Zealander working in London as a lawyer survived the capsizing, her father Lin Ronald has confirmed. MFAT has also confirmed a second New Zealander was on board. However, a spokesperson said there was no reason to believe the New Zealanders are among the missing The embassy in Rome was providing consular assistance. The missing include UK tech entrepreneur Mike Lynch and his...
Commerce Commission calls for beefed up Kiwibank and open banking in final report
Business

Commerce Commission calls for beefed up Kiwibank and open banking in final report

New research found that 37 percent of South Asian respondents use traditional banks for remittances. Photo: RNZ / 123rf The Commerce Commission has reaffirmed banking rules need to be eased, Kiwibank beefed up and open banking promoted to bring greater competition into personal banking services. The commission on Tuesday released its eagerly awaited final report into competition in the retail banking sector. Commission head John Small said stimulating competition in personal banking services requires a "multi-faceted approach to ensure that it's baked in." Small said open banking could be a game-changer, giving thousands of underserved Kiwis access to financial services and revolutionising consumer choice. The recommendations are little changed from the draft report in March and steer c...
Phil Donahue, pioneer of the daytime talk show, dies at age 88
World News

Phil Donahue, pioneer of the daytime talk show, dies at age 88

Phil Donahue, former host of "The Phil Donahue Show" has died. Photo: BRENDAN SMIALOWSKI/AFP Phil Donahue, who changed the face of US daytime television with a long-running syndicated talk show that highlighted topical and often provocative social and political issues, has died at age 88, NBC's Today show reported on Monday, citing a statement from his family. Donahue died surrounded by his family on Sunday following an illness, the Today show reported. Debuting in 1970 when daytime television offered its mostly female viewers a diet of soap operas, game shows and homemaking programs, Donahue's show tackled subject matter once considered taboo for television - including abortion, the sexual revolution and race relations. With his boyish charm, irrepressible energy and thick white hair, ...
Electricity Authority puts spotlight on power profits
Business

Electricity Authority puts spotlight on power profits

Manapouri Power Station. Of the six big energy companies, Contact, Mercury and Meridian have usually had the largest margins. Photo: 123rf New data from the Electricity Authority shows the millions of dollars that electricity gentailers are making from what some commentators say is a broken market. The new dashboard indicates that the big six energy companies have consistently made more than $70 million in margins across the weeks for which data is displayed. The week before Associate Energy Minister Shane Jones accused the companies of "profiteering" as wholesale prices soared, they had a margin of $119m. Contact, Mercury and Meridian have usually had the largest margins. The authority said this would not include costs like staffing, maintenance, debt servicing and levies. Sarah Gillie...
Rock the Country: What’s it like at a Donald Trump music festival?
World News

Rock the Country: What’s it like at a Donald Trump music festival?

" I wouldn't go back. Hands down, it's the worst job I have ever had." Photo: Supplied By Chris Schulz He'd seen the pick-up trucks in the parking lot and the huge American flags hanging from cranes. He'd walked past the beer-drinking rednecks munching on chicken wings and turkey legs wearing MAGA hats that read: "Make America rock again." And he'd heard the constant chants of "USA! USA!" and "F*** Joe Biden" coming from the main stage, along with a pre-recorded video message from Donald Trump playing on repeat. "This is not a subtle environment," he said. "It's a unique experience. It's... just crazy." But it wasn't until he saw the noose that Patrick* fully realised that he was smack bang in the middle of a different kind of music festival than those he is usually employed to work at...
Power companies withdraw deals due to price squeeze
Business

Power companies withdraw deals due to price squeeze

Some retailers are not seeking to take on new customers due to adverse market conditions. Photo: 123RF High wholesale power prices are already reducing the deals that households can get on their electricity, a price comparison website says. Powerswitch said it had been advised both Comtricity and Raw Energy had stopped trading. In addition, it had been asked to remove offers from Octopus, Nova, Electric Kiwi and Flick Electric from the site. Independent retailers had been under pressure in recent months as wholesale power prices soared. In July, Electric Kiwi said it had to close to new customers because it could not afford to take them on. On 20 August last year, wholesale prices were as low as $77.53/MWh - on Monday they were more than $300. "These retailers' offers are temporarily no...
Sicily yacht capsize: Kiwi on board luxury boat that sank
World News

Sicily yacht capsize: Kiwi on board luxury boat that sank

File photo. A search is underway off the coast of Sicily. Photo: AFP/ / HEMIS.FR A New Zealander was on board a luxury super yacht when it capsized and sank off the coast of Sicily overnight. One man has died and six people are missing. The Ministry of Foreign Affairs confirmed a New Zealander was involved, but couldn't confirm if they were among the dead or missing. They say they're working with local authorities to get further details. The Italian coast guard says the 56-metre-long yacht sank after being hit by an unexpectedly violent storm just before sunrise. Captain Carsten Boerner rescued the 15 survivors from a life raft. The six missing people are understood to be British and American. British tech entrepreneur Mike Lynch, who is known as the British Bill Gates, is among the mis...
Like old hardcover books? They may be dangerous for you, says new study
Health

Like old hardcover books? They may be dangerous for you, says new study

If you come across brightly coloured, cloth-bound books from the Victorian era, handle them carefully, or avoid them altogether. These books could be hiding toxic dyes that pose health risks to readers, collectors, or librarians, according to research on Sunday.  Researchers at Lipscomb University in the US assessed the dangerous dyes in a university collection and found some volumes may be unsafe to handle. Users risk exposure if pigments from these cloth covers rub off onto their hands or become airborne, they said. “These old books with toxic dyes may be in universities, public libraries, and private collections,” said Abigail Hoermann, an undergraduate chemistry student at Lipscomb University. The research began when Lipscomb librarians approached the chemistry department to test 19...
Job ads up, but competition still ‘fierce’ – Seek
Business

Job ads up, but competition still ‘fierce’ – Seek

Photo: 123rf The number of job ads has ticked up for the first time in a year. The Seek Employment report for July indicates the number of ads increased 3 percent from June, but were still down 29 percent year-on-year. Applications per job ad were little changed from June's reading. Read more: Seek country manager Rob Clark said what had not changed was fierce competition among candidates - that showed "no sign of abating". "While it is pleasing to see an increase in job ad volumes, this comes after five months of consecutive declines, including an 8 percent fall in June," he said. Retail and consumer ads rose 24 percent, followed by hospitality and tourism up 20 percent, with government and defence up 22 percent. Consulting and strategy was the only sector to record a monthly fall in j...