John Key, the Prime Minister of New Zealand, has said that KiwiRail might continue to rely on government subsidies as it is not likely to make a profit on its own.

The company promoting the Ruataniwha water storage scheme has indicated that the scheme has received the backing of local farmers that will allow the successful implementation of the project proposed for Central Hawke's Bay.

Amazon said it will extend its same-day delivery service to all Boston areas. Although the company did not say what made it change the policy but most probably the move came after last week's reports by Bloomberg that revealed, the company excluded a primarily black neighborhood in spite of being in the heart of the city, from its service area.

Sunverge Energy, the well known solar renewable energy group launched CenterStar Energy Services LLC, which satisfies a significant requirement for the company that is counted among the leading companies in the fast growing industry.

On Tuesday, AT&T posted its first quarter earnings results that showed it lost 215,000 branded postpaid phone subscribers in the first three months of the year. AT&T has taken up a strategy to target high-end customers but it seems that did not work out well for the wireless company. However, the company revealed a prominent increase in margins for wireless consumers.

The Dallas, Texas based company said three million customers have signed in the company's unlimited mobile data plan that is accessible exclusively to the DirecTV subscribers.

The Prime Minister of New Zealand, John Key has said that the government is planning to introduce a land tax on offshore owners of homes in the country.