Lloyd Morrison dies of cancer

10:57am Businessman and Wellington Phoenix co-owner Lloyd Morrison has died of leukaemia.

Waikato land targeted

A 2739 square kilometre block of land on Hamilton's southern doorstep could be offered for commercial gas exploration.

Power price hikes

Mighty River Power, the state owned electricity retailer expected to be the first to be floated by the Government, has announced a 5.8 per cent increase in power prices for households from the start of April.

Groupon user growth slows

Groupon reported a loss on Wednesday as user growth slowed from the breakneck pace of past quarters, potentially signaling consumer fatigue with daily deals and wiping 13 per cent off its shares.