Coal isn't coming back, not even with Trump's help
President Donald Trump just made good on his campaign vow to leave the Paris climate accord. Now, the hard part: making coal great again.
Latest Business News
Musk, Iger quit as Trump advisers amid CEO climate fury
Two high-profile executives quit Donald Trump's advisory council and Goldman Sachs' Lloyd Blankfein took to Twitter for the first time ever to express disapproval at his decision to ditch the Paris climate accord.
Markets Live: Wall St rally fires up ASX
Shares have bounced higher at the open, with gains across most sectors bar utilities, as Wall Street's record-busting mood catches on.
Accountant accused of stealing millions from Hogan arrested
A British accountant allegedly behind a massive tax evasion scam that resulted in entertainer Paul Hogan being investigated and concert promoter Glenn Wheatley being jailed is believed to have been arrested in Italy.
Walmart asks staff to deliver packages on their way home
The idea is to cut costs on the expensive 'last-mile of deliveries', when packages are driven to customers' homes.
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Scaremongering season
The old rule applies: if an economist makes a dire prediction of doom and gloom, he or she gets plenty of media attention. Michael Pascoe comments.
Fed to ease stress of bank tests
The Federal Reserve plans to give lenders an advance look at how they might fare in the annual tests it conducts on them.
Oil turns on rising US output
Futures fell after gaining as much as 1.7 per cent in New York, amid a rethink on the outlook for US crude inventories.
Elon Musk says he is departing presidential councils
SpaceX and Tesla founder Elon Musk said he plans to quit two presidential councils after President Donald Trump announced the United States would pull out of the Paris Climate Accord.
8@eight: Solid start in store for ASX
The leads from Wall Street suggest we close out the week on a more positive note, with the S&P; 500 and NASDAQ 100 pushing to new all-time highs and the Dow looking like it needs a good payrolls report tonight to join this camp.
MH128 fracas: Airlines decide who is safe to fly
It will largely be up to airlines to decide if the man allegedly at the centre of the Malaysia Airlines bomb scare can board an aircraft again.
Dow rallies without Goldman
Carried by industrial, consumer and tech companies, the Dow Jones Industrial Average circled back to record territory.
What if Trump pulls US out of Paris climate agreement
Some of the key point you need to know about Paris and a withdrawal of the US by President Trump
'High 60s': Aussie dollar bears stir
Australia's shrinking yield advantage over the US has stirred the Aussie dollar bears, but the currency is deemed unlikely to plunge hard.
Morrison sounds warning over growth as GDP forecasts turn negative
The Treasurer has begun preparing the ground for weak or negative economic growth in the March quarter.
US economy regains upward momentum
US factory activity ticked up in May after slowing for two straight months and private employers stepped up hiring.
Australia's richest female CEO hints worst is over for Fone Zone
Maxine Horne gave Aussie investors another master class in how to play the stock market this week.
Iron ore slides below $US56 mark
After a miserable May, iron ore opened the new month on the back foot.
Jobless rate remains high as more women look for work
Unemployed draftsman Michael Dempsey wants a piece of the multibillion-dollar infrastructure boom that's happening around him, and he's making himself impossible to ignore.
Former senior executive took drugs at work functions: Westpac
Wesley William Hall is suing Westpac for unfair dismissal and is seeking $600,000 in compensation.
No Australia, McDonald's would not like tax with that
McDonald's is considering whether it will need to restructure its operations to avoid getting hit by Diverted Profits Tax.
'I don't remember doing it': Passengers tell how they tackled would-be bomber
Passengers on board the Malaysia Airlines flight turned back to Melbourne after a man made a bomb threat have spoken of their ordeal and the long wait for police to storm the plane.
'People don't hesitate - and that's a good thing'
The 15 years since 9/11 have seen more passengers offering their help during in-flight emergencies.
Wesfarmers drags but ASX wobbles higher
Shares see-sawed before finishing in the black, after soft Chinese manufacturing data clashed with solid local retail sales growth.
Corruption case should serve as warning of 'China's realities'
Once one of China's most powerful steel executive will serve 15 years in prison after corruption and bribery conviction.
Dispute with ATO isn't about 'tax avoidance' says BHP
BHP defends its Singapore marketing hub where it is accused of routing profits and says it is confident of its position in a $1 billion dispute with the Australian Taxation Office.
Geelong resident has watched 100 years of history being made
I have known a few centenarians over the years, but what was Australia like 100 years ago?
Private eye's antics raise eyebrows at insurance fraud conference
Private eye's tactics raise eyebrows at insurance fraud conference.
Altair boss stands by decision to return cash
Altair Asset Management's Philip Parker has mounted a strident defence of his decision to liquidate his funds and return cash to investors.
Ex-NAB planner banned after stealing $2.3m, another fights ban
A former NAB financial planner has been permanently banned from the industry after pleading guilty to misappropriating $2.3 million in client funds. Another is fighting a ban in Melbourne.
Small Business
Greens introducing small business payments legislation
The Greens are moving to position themselves as the party of choice for small business.
Companies need to manage the work-at-home revolution
Those that excel at managing virtual workforces will have an advantage over clock-watchers.