Companies
JB Hi-Fi sizes up The Good Guys
HOME entertainment retailer JB Hi-Fi has revealed it is in talks about a buyout of key rival The Good Guys.
Myer chalks up sales spike
MYER has reported a strong quarterly sales update after shoppers hit the group’s department stores in force during the three months to April.
Fairfax plays down NZ retreat
Fairfax Media, publisher of The Age, has downplayed speculation that it will offload its New Zealand business in the hunt for a revenue boost.
Fonterra joins farmgate milk cut
DAIRY heavyweight Fonterra is cutting the amount it pays Australian dairy farmers for milk, blaming the oversupply weighing on prices globally.
Home where heart is for refocused NAB
Ripping off a British Band-Aid and keeping a lid on its bad debts has helped National Australia Bank post a solid first half result.
Woolworths shares slump on rating cut
WOOLWORTHS shares have tumbled after the retailer’s credit rating was cut to just two notches above “junk”.
BHP facing $57 billion lawsuit
BHP Billiton is facing a near 20-fold increase in the compensation Brazilian authorities want for last year’s deadly Samarco mine disaster.
Dick Smith’s back from the dead
A DAY after the last physical stores closed for good, Dick Smith’s website has relaunched. But are there any bargains?
ANZ cuts dividend as profit plunges
ANZ has cut its interim dividend for the first time since the financial crisis after its first-half earnings plunged.
Packed Brands? Bonds manufacturer set to ship off to the States
Pacific Brands, the household name behind Bonds underwear, Berlei bras and Sheridan sheets, could be headed overseas after its board endorsed a $1.1 billion US takeover offer.
Spilt milk as Murray chief departs
DAIRY co-operative Murray Goulburn has shocked investors after slashing its profit forecast and parting ways with its chief, sending units plunging in its listed investment vehicle.
It could change the face of manufacturing
HP WANTS to be the Netflix of manufacturing. In other words, the tech giant wants to disrupt the traditional process of how things are made.
Is this goodbye for The Good Guys?
JB HI-FI says it is in talks to purchase rival retailer The Good Guys in a move that could massively boost its store network.
Warning over baby formula ingredients
FEARS have been raised about a common ingredient in baby formula. We ask a scientific expert: should parents be worried?
‘Free range’ eggs deceived shoppers
ONE of WA’s biggest egg producers deceived shoppers in labelling its products free range, a court has found, but the company says it may appeal.
Go shopping in the virtual world
SHOPPING has become even easier thanks to eBay and Myer who have teamed up to launch the “world’s first virtual reality department store”.
Cotton On sued over ‘knock-off’ shirts
TREND researchers employed by Cotton On to trawl Pinterest for “inspiration” are at the centre of the retail giant’s latest legal stoush.
It’s official: Your free ride is over
THE free-travel perk so many Australian commuters have been using will soon be a thing of the past.
Ford GT’s secret Aussie ingredient
IT’S not quite like selling ice to eskimos, but it’s close. A little known Aussie company has taken on the global car industry with the most advanced wheels in the world.
Ian Thorpe’s bizarre new role
EVERY former Olympian faces their own unique struggle to transition into civilian life, but Thorpie’s story is truly one of a kind.
Did this Uber driver cross the line?
AN UBER driver threatened with expulsion from the ride sharing platform for “a disruptive incident” says they were just exercising their rights.
ANZ Bank slashes hundreds of jobs
ANZ Bank is cutting hundreds of Australian jobs, blaming tough economic conditions and low lending growth.
Coles kicks off new milk price war
AFTER years of driving down the price of milk, Coles says it will launch a new, more expensive home brand to help struggling dairy farmers.
Big tobacco’s plan to stop plain packaging
AN international tribunal has unveiled a secret ruling confirming it had rejected a bid by Philip Morris to sue Australia over its plain packaging laws.
Secret that could spark meltdown
YOU DON’T need a “good job” to get a mortgage if your loan documents boost your salary by $288,000. But the consequences are frightening.
How long can 7-Eleven survive?
7-ELEVEN, spooked that it could be forced to repay up to $100 million to exploited workers, is now trying to weasel its way out.
Queen laughs at sweet races prize
THE Queen could hardly believe her luck. The 90-year-old monarch scored an awesome prize when her horse won at the races.
Why prices at this bar keep changing
DOWN a shot of tequila at this bar and the second round may cost you more. Or less. It all depends. Here’s why it’s the way of the future.
Google bans ‘harmful’ ads
INTERNET giant Google said on Wednesday it would ban all ads from this one industry, calling it “deceptive” and “harmful”.
