20:27 A mass shooting has broken out at a nightclub in Fort Myers, Florida - with reports two people are dead and 10 wounded.

15:39 John Key has announced an ambitious conservation target this afternoon - setting up Predator Free NZ to make NZ predator-free by 2050.

15:21 Immigration NZ's adding more security to check travellers coming in and out of the country. Their details will now be run through Interpol.

15:19 Napier City Council is warning residents to be on high alert for a pair of pitbulls roaming the suburb of Bluff Hill.

15:18 Child Youth and Family is apologising over its involvement with two Nelson children who have been living in cesspit-like conditions.

Mon, 16 Jul 2012

JP Morgans 'whale' trade may now cost it US$7.5 billion

interst.co.nz boss Bernard Hickey tells RadioLIVE's Marcus Lush JP Morgans 'whale' trade may now cost it US$7.5 billion, not the US$2 billion initially estimated. Now American states are looking at a class action lawsuit against the banks that Fixed LIBOR. Also Moody's has cut Italy's rating to two notches above junk and NZ may have hit peak power, which is something buyers of SOEs should think about.

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