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Energy Mad co-founder Tom Mackenzie launches Kickstarter campaign for 'Levicle'
By Fiona Rotherham Oct. 19 (BusinessDesk) - Energy Mad co-founder Tom Mackenzie has launched a $25,000 Kickstarter crowdfunding campaign to launch his invention, the Levicle, which is a cross between a scooter and a bike and resembles a penny-farthing. The Auckland-based en...

While you were sleeping: Morgan Stanley sinks
By Margreet Dietz Oct. 20 (BusinessDesk) - Disappointing results from Morgan Stanley and a slide in oil dragging shares of Chevron and Exxon Mobil lower weighed on Wall Street. In New York trading at about 1.30pm, the Dow Jones industrial average fell 0.16 percent, while th...

NZ Food & Grocery Council, Taxpayers' Union cheer obesity package that targets education, health checks
By Jonathan Underhill Oct. 19 (BusinessDesk) - The NZ Food and Grocery Council and the Taxpayers' Union have welcomed the government's announcement of 22 initiatives aimed at tackling obesity in young people, which focusses on education, health checks and physical activity, ra...