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Ten needed a new $250 million loan, but its billionaire shareholders moved away from backing it.

Is Ten putting up the white flag part of a bigger plan?

Conspiracy theorists could be forgiven for wondering why only six weeks ago Ten's management seemed pretty comfortable they had the continued support of its billionaire backers. It certainly appears that at least two of these billionaires had a change of heart.

Active investing has delivered an annualised return of 7.4 per cent.

Eight ASX stocks activists should target

There is $27 billion worth of extra value waiting to be unlocked from eight ASX-listed stocks, says Credit Suisse, and activist investors are the ones with the keys.

David Bonderman.has resigned as an Uber board member.

Bonderman resigns from Uber board after sexist remark

San Francisco: David Bonderman, an Uber board member and partner at private equity firm TPG, is resigning from the board of the ride-hailing company after he made a disparaging remark about women at an Uber meeting Tuesday, according to two people with knowledge of the matter, who asked to remain anonymous because the decision is confidential.

All the deterioration in June's consumer sentiment came from female respondents, while males and those aged 18 to 24 ...

Consumer pessimism takes hold as women grow weary

A measure of Australian consumer sentiment fell for a third straight month as disappointing news clouded the outlook for the economy, a survey showed on Wednesday. Interestingly, all the deterioration in June came from female respondents,

Rupert Murdoch's media empire has settled hundreds of hacking claims since the allegations first emerged six years ago. ...

'Enough is enough,' News slams phone-hacking trial

The Murdoch empire's British publishing unit has asked a judge to put an end to disclosure requests made by lawyers representing phone-hacking victims as regulators prepare to rule on its controversial bid for pay TV provider Sky.

The RBA's word count.

RBA chief Philip Lowe proves he's chatty not nutty

When Philip Lowe, in his first statement as Reserve Bank governor, said the bank wasn't full of "inflation nutters," he added some rare colour to the often dry world of central bank speak. Nine months on, he has continued to show he's a good talker.

Dr Gary Weiss' Ariadne is looking for four seats on the Ardent board.

Ariadne call for EGM to disrupt Ardent board

Corporate raider, Ariadne run by Dr Gary Weiss, has called for an extraordinary general meeting in a bid to gain shareholder approval to appoint four directors to the Ardent Leisure board, and consequently gaining control.

Illustration: John Shakespeare

The new strategy from Bellamy's Australia boss

It says plenty about the mess at organic formula vendor, Bellamy's Australia, that almost half the cash raised from its $60.4 million entitlement offer will be used to pay off its partner Fonterra.

Small Business

'We never got close to making the GST threshold'

Running a bed and breakfast didn't turn out to be as lucrative for this reader.

The Goods and Services Tax has been a part of the Australian business landscape for almost 17 years now. There have been some changes over that time, such as the increase in the income threshold requiring compulsory GST registration up to $75,000, but in many ways the GST system is largely unchanged.