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Stuff Savor is buying Amano (pictured here), Ortolana and The Store, as part of its focus on growing its hospitality business. Savor Group is buying three central Auckland eateries as it doubles down on hospitality after selling its unprofitable Moa Brewing business. The NZX-listed company has agreed to buy Britomart venues Amano, Ortolana and The Store from Hipgroup for $11 million in cash and shares. Savor is focusing on bars and restaurants after deciding last month to cut its losses and sell its original investment, Moa Brewing Company, which had failed to turn a profit since the company listed in 2012. The new hospitality businesses will immediately add about $3m to annual operating earnings, and savings are expected by merging the operations, the company said. ....
So today I have had: a txt alert 10 min after the local Tsunami Sirens started in my Community, about a half hour after the last quake that put my region in harms way. Excellent work a txt alert once it was deemed safe to return home, gratefully received. a PM begin a PRESS Conference (not a Covid briefing) of all the days happenings detailing some of todays important issues an announcement of the carefully thought out by experts decision to complete the full 7 days lockdown as advertised (some people criticised the shortness of the previous 3 day lockdown) Some people just love a good cheese with their half empty WHINE. ....
More evidence that UBIs work The report is back on another Universal Basic Income trial, this time in the USA. And as with the others, it shows that this policy works: After getting $500 per month for two years without rules on how to spend it, 125 people in California paid off debt, got full-time jobs and reported lower rates of anxiety and depression, according to a study released Wednesday.[…] When the program started in February 2019, 28% of the people slated to get the free money had full-time jobs. One year later, 40% of those people had full-time jobs. A control group of people who did not get the money saw a 5 percentage point increase in full-time employment over that same time period. ....
Open mike 06/03/2021 thestandard.org.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestandard.org.nz Daily Mail and Mail on Sunday newspapers.