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Key Stories

Investors flee US discretionary stocks

US stocks dropped on Friday, pulled lower by a selloff in consumer discretionary stocks as bellwether names Amazon.com and Ford Motor fell in the wake of their quarterly earnings.

Life insurers on edge over major reforms

Duncan Hughes

A confidential report into the nation's $13 billion life insurance industry has identified a dozen trouble spots and backed calls for sweeping reforms.

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Comment & Analysis

In Depth

Crown eyes Las Vegas deal

Jessica Gardner and James Chessell

Crown poised to enter the race for a $2 billion loss-making hotel and casino.

Trading Room

Motley Fool

Warren Buffett’s not done just yet

Scott Phillips

In a couple of weeks, I’ll be joining investors from all around the world who are making a pilgrimage to the US mid-western city of Omaha, Nebraska.

Business News Wire

Markets

Winning run ends for US stocks

US stocks declined, halting the S&P; 500 Index's longest winning streak since September, after disappointing earnings reports and an unexpected drop in home sales.

Market hits post-GFC high

Jared Lynch

The sharemarket has hit post-financial-crisis highs after a surprisingly low inflation report and a rally in the big banks' stocks continued.

Search Quotes & Charts

The Economy

Tourism investment on the rise

Jamie Freed

The investment pipeline for Australian tourism grew by $5.2 billion to $49.4 billion in 2013, but most of the gains were from the weaker Australian dollar.

Retail

Banking & Finance

Genworth's parent to hold stake after float

Joyce Moullakis

US-based Genworth Financial says it has ''no current plans'' to further sell down its stake in float debutante Genworth Mortgage Insurance Australia after the expiry of an escrow period.

Mining & Resources

BHP says Roy Hill won't end iron ore in WA

Julie-Anne Sprague

BHP Billiton iron ore president Jimmy Wilson says greenfield mine developments are still possible in Western Australia this decade, even though the sector has crimped capital spending to shift focus on boosting production from existing assets.

Padbury reveals Roland Bleyer as the $6.4b man behind Oakajee deal

Amanda Saunders

After leaving investors in the dark for almost two weeks, iron ore tiddler Padbury Mining has confirmed Roland Bleyer and his ''private equity'' network of companies are the mystery funders behind its $6.4 billion deal to finance the stalled Oakajee port and rail project.

World Business

Apple expands share buyback by $32b

Apple Inc has approved another $US30 billion ($32 billion) in share buybacks till the end of 2015 and authorised a rarely seen seven-for-one stock split.

China

China's activity ticks up, but still below par

China's manufacturing downturn eased slightly in April as declines in new orders and output slowed, a preliminary survey showed on Wednesday, though factory activity showed an overall contraction for the fourth straight month.

Property Focus

Executive Style

Bring on the winter blues

Jeremy Loadman

Blues of varying hues are big news for gents of a fashionable bent this winter.

Money

Higher cap is good news

Alexandra Cain

The concessional superannuation contribution cap has just been lifted. Should it be raised further?

Small Business

Business Video

Business Week: tax anyone?

The joys of being a multi-national and paying minimal tax. Michael Pascoe comments.

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