Bad day at the office: Elon Musk just lost $1 billion
It's been a day to forget for the billionaire entrepreneur as his space rocket exploded and shares in his companies tanked.
Latest Business News
More bang for the buck: how the US dollar still rules the world
America's currency has never been stronger according to a new report, with the euro's global reach tumbling.
TPG set to become mobile operator in Singapore
Cut-price Australian telco TPG has just announced plans to buy spectrum in Singapore, the first step in becoming an international mobile network operator.
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- 01:31
G20 struggles to find workable solutions
China and the rest of the world will find themselves at very different points in development during the G20 summit in Hangzhou.
Markets Live: ASX drops below 5400
Gone are the flat days of August: the ASX is on track for a sixth loss in seven sessions, as investors fret about a possible US rate hike.
How much luck do you need to get rich?
Even the rich would be better off recognising how luck can lead to success. But by how much?
'It's time we had this conversation': the asset Australia ignores at its peril
"We could be so much more powerful."
Westfield isn’t like the shopping malls of the ’90s
In a rush of nostalgia, four girls of the ’90s stroll through the shiny new Westfield mall.
Your fridge is watching you
Your fridge is getting so smart, security-software experts think you probably shouldn't trust it.
Consumer sentiment worries retailers as Christmas looms
It's been blamed on the super-sized election, property prices and even the Indian summer but with just 112 days until Christmas, shopper sentiment is worrying on some of Australia's top retailers.
'Probably a fairy tale': Apple's alleged 0.005% tax rate
The finding that Ireland must collect as much as $19 billion in back taxes from Apple contained a second stunning number: 0.005 per cent.
Wal-Mart, largest US employer, to lay off 7000 workers
Wal-Mart, the largest non-government employer in the US, said it is laying off 7000 workers, mostly in back-office jobs.
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- 00:52
Cook calls EU ruling 'political crap'
Apple CEO Tim Cook also said his company was targeted by EU regulators.
EpiPen price increases could mean more riches for executives
Under a one-time stock grant created in 2014, top executives stand to reap riches at least partly on the back of price increases on the EpiPen, filings show.
14 ways to perform your best under pressure
Think you perform well under pressure? You probably don't do it as well as you could.
Investment outlook the worst since 2010-11
New investment intentions figures point to a shocking year ahead with mining investment down 22 per cent, manufacturing investment flat, and other investment down 16 per cent.
Stocks could be jolted by US jobs data
If you're fed up with US stocks doing nothing for weeks, your level of apprehension may be rising.
Capex numbers show RBA rate cutting may be paying off
The great thing about the Australian Bureau of Statistics' private fixed capital survey is that it records more than the past.
Wilsons Security to walk away from Nauru, Manus
In the wake of the Spanish-controlled Broadspectrum decision to not undertake further Border Protection Services work, one of its contractors, Wilsons Security Group, has decided to follow suit.
8@eight: ASX to open lower as US data disappoints
Local shares are set to open in the red after the latest US data came in below expectations.
Orange juice surges as storm approaches
Orange-juice futures rose to a five-week high as Tropical Storm Hermine headed toward Florida.
'A disturbing picture of youth employment'
A survey of hundreds of young Australians has found high levels of distress at the way they are treated in the workplace, and uncovered rampant claims of underpayment and exploitation.
Tim Cook slams EU ruling as 'total political crap'
"No one did anything wrong here and we need to stand together," the Apple CEO said.
Is ASIC's Greg Medcraft contemplating life after a registry divorce?
What was the driver behind ASIC's latest initiative labelled 'new divorce and separation resources to support your financial decisions'.
Bunnings' price promise will not apply to Master fire-sale
Bunnings will not undercut Masters' fire-sale prices as the inventory liquidation ramps up.
Old-fashioned apprenticeships can work in new industries
The government must encourage new industries like Google to take on apprentices.
Commodity woes weigh on ASX
The sharemarket began the month on a sour note after a slump in commodity prices weighed on Australia's big mining and energy stocks.
Clock ticking as media reforms reintroduced to Parliament
New laws that would allow media moguls to buy as many newspapers, television stations and radio stations as they like have been reintroduced to Parliament.
DJ's food plans a risk for Coles and Woolies: Moody's
David Jones' appetite for Australia's up-market food sector will lure big-spending foodies away from Coles and Woolworths and take a bite of ouf the chains' future earnings.
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- 02:13
Old laws redundant: Mitch Fifield
New media laws will scrap the reach rule and two-out-of-three rule, taking the media landscape out of the analogue era, according to the Communications Minister.
Small Business
How this company is turning over $200 million in its third year
A travel site that reached $200m turnover in three years works hard on this one thing.
You can forget about crying babies on flights
This inventor has the solution to the problem all travellers hate.