Tesla fired hundreds of employees in past week
Electric car maker Tesla has fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday.
Electric car maker Tesla has fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday.
Chipmaker and Apple supplier Qualcomm has filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, its biggest shot at Apple so far in a sprawling and bitter legal fight.
President Donald Trump seems to have another obsession: The stock market. He seems to view the market as giving him a standing ovation.
This AGM season several large companies will have to face increasingly awkward questions from investors looking well beyond the numbers.
Got some bitcoin burning a hole in your digital wallet? And paradise on the mind? You could use it to buy a second passport.
QIC's freshly revamped $1.2 billion Eastland in Ringwood has beaten rival behemoth Chadstone to open the first Victorian hotel on top of a shopping centre.
US stocks ended their week higher, following upbeat economic data and gains in technology shares.
Dozens of complaints have been submitted to Fairfax Media by readers in response to our story on a Brisbane couple who received a gas bill of more almost $5000 for their Melbourne investment property.
"Ford, Toyota, Holden ... It's all gone now ... the whole thing."
Memo to TV producers, Australia has enough material for its own version of Yes Minister. The Turnbull government and Treasury's botched recruitment drive to pick a new head to run the corporate regulator would provide rich material for the first episode.
Uber submitted a court appeal on Friday to overturn a decision by London's transport regulator that stripped the taxi app of its operating licence in one of its most important markets.
Borrowers can expect to see mortgage rates of about 6.5 per cent when the the Reserve Bank shifts its policy to neutral.
Samsung Electronics CEO Kwon Oh-hyun announces shock resignation as the company's profits surge.
While the country may be seeing the end of the car manufacturing industry this month, it is not all doom and gloom if you are making products in Australia as business is booming for Rode microphones.
Consumer discretionary and utility companies led a broad-based advance on the Australian sharemarket.
Australian shares rallied to their best week since March, in a broad-based advance led by consumer discretionary and utility companies.
The market told the story - Hunt's health insurance reform is for health insurers, not our health.
Resources groups say the Great Australian Bight has plenty of potential and Chevron's decision to dump its $500 million exploration plans is a reminder that much-needed investment cannot be taken for granted.
An organisation that advises several union pension funds invested in Rupert Murdoch's 21st Century Fox has called for the company to overhaul its board and conduct a comprehensive review of its workplace culture after the sexual harasment scandals at Fox News.
ACCC has launched an investigation into the proposal to merge Foxtel and Fox Sports Australia into a single company majority owned by News Corp.
Australian money is pouring into Bitcoin, which hit another record high on Friday, swelling the market capitalisation to $US160 billion.
The Reserve Bank has warned about areas where it sees "potential risk" in the property investment market.
Small-scale solar systems have cut wholesale electricity costs by up to half in the past 12 months, a study has shown.
Three former Masters stores have sold for $70 million just as retail giant Woolworths announced it had finally extricated itself from its ill-fated and costly foray into the home hardware business.
For all the cry-babies' lobbying, put on a good project and they will come.
A growing contingent of Sydney investors and developers are turning to regional NSW markets in the pursuit of higher yields and prospective growth opportunities.
The global shift from fossil fuels to renewable energy will continue regardless of political action such as the US withdrawing from the Paris climate agreement or outbursts from ex-Australian prime ministers, a senior ratings analyst says.
Amazon founder Jeff Bezos is once again mounting a challenge for the top spot. But if Gates weren't so philanthropic, it wouldn't even be close.
The alarm's snooze button is your best friend, and you're tired every day, all day? One more hour of sleep could make all the difference.
Lawyers often bear the brunt of backlash for merely doing their job, standing up for some who are loathed by society.
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