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Woolworths Holdings paid $2.1 billion to buy the David Jones department store chain in 2014.

David Jones sales sag in first half

In the 26 weeks to December 25, David Jones sales increased by 4 per cent, compared to an 11.2 per cent spike in sales growth in the previous corresponding period.

Local markets followed strong leads from the S&P500 to a 21-month high in early trade, but rapidly lost ground.

Telstra plunge keeps cap on ASX gains

Telstra's biggest plunge in more than six years weighed on investor sentiment on Thursday, but the overall market still managed to eke out a small gain.

Earnings season is in full swing.

Markets Live: Telstra's day to forget

Shares eke out a small gain despite Telstra suffering its worst session since August 2010 on a heavy day of earnings, while the Aussie dollar recovers its post-Trump losses.

Treasurer Scott Morrison

Look! ScoMo unleashes a Liberal revolution

The federal Treasurer and the Finance Minister threw several years of Coalition dogma out the window and it's been reported as if it's just another day at the office.

James Packer would not have been pleased with The Star's results.

Why James Packer should be worried about The Star's results

The financial results of The Star Entertainment Group on Thursday are a good indicator of what's in store for James Packer's rival casino operation, Crown, following the arrest of its employees in China last October. The news was not good.

Small Business