Top business stories from nzherald.co.nz for Thu, May 07:
Unemployment up to 5pc - less than feared
The unemployment rate rose to 5 per cent in the March quarter, from a revised 4.7 per cent in the previous three months, as the economy shed jobs amidst worldwide recession.
NZ businesswomen aim to go global
Some of New Zealand's most high-profile businesswomen are backing a new organisation to be launched in July.
Telecom delays XT launch after Vodafone settlement
Vodafone and Telecom have reached a settlement in their mobile broadband stoush after their first day in court.
Madoff secretary spills the beans
NEW YORK - Bernard Madoff's longtime secretary says the disgraced financier is not cooperating with authorities in order to protect others, and that he was a flirtatious boss who frequented massage parlors.