Yesterday
US sues to break up Ticketmaster’s ‘suffocating’ monopoly
The antitrust lawsuit launched by the Justice Department alleges the group has used its dominance to exploit fans and performing artists and threatening its rivals.
- Leah Nylen and Emily Birnbaum
- Exclusive
- Start-ups
‘If you don’t like it, get a job at a bank’: Canva boss
The design software giant’s all-singing, all-dancing debut event in Los Angeles came with a host of new features – and rumblings of a cost to its tired staff.
- Nick Bonyhady
- Exclusive
- Start-ups
Canva, in the US, lifts the lid on its plan to win over Wall Street
It has hit $US2.3 billion revenue, but growth among individual users is slowing, so Canva is relying on big customers to keep its financials in IPO-shape.
- Nick Bonyhady
This Month
- Analysis
- Government Observed
The real reason for spending $1b on PsiQuantum
Defence planners have long worried how vulnerable military information systems are to GPS being taken out by an adversary.
- Tom Burton
Trump taps Texas oil tycoons in bid to close the cash gap with Biden
The former president, whose campaigning has been restricted by his criminal trial in New York, has attended fundraisers in Houston and Dallas.
- Myles McCormick and Alex Rogers
Haley backs Trump over ‘catastrophe’ Biden
Endorsement from Nikki Haley could help Donald Trump win over college-educated and women voters who were drawn to the former UN diplomat.
- Stephanie Lai
Norway, Ireland, Spain recognise Palestinian state in ‘historic’ move
Israel’s foreign minister branded the three countries’ decision a “distorted step”, which shows “terrorism pays” and immediately recalled its ambassadors.
- Joseph Wilson
- Exclusive
- Legal industry
Hedge fund betting on class actions banks on $135m profit a year
The fund behind largest litigation deal in history expects to make about $135 million a year from the deal, illustrating the huge profits up for grabs for investors.
- Ronald Mizen
- Analysis
- Israeli-Palestinian conflict
Why ICC arrest warrants are rare good news for Netanyahu
Israel’s prime minister, a renowned political phoenix, may have been given a political lifeline and a boost of public support, though this may be short-lived.
- Isabel Kershner
- Opinion
- Iran
President’s death shows an Iran with few cards left to play
The death of president Ebrahim Raisi opens the way for a dynastic succession to Iran’s supreme leadership. The regime’s chief goal now is protecting the status quo.
- Patrick Gibbons
- Opinion
- Global economy
Why China is reluctant to help consumers spend more
China’s rulers see cautionary tales in consumer-driven American capitalism. They aspire to build a manufacturing superpower rather than a rich consumer society.
- Yanmei Xie
How one of the world’s oldest hedge funds went bankrupt
Weiss Multi-Strategy Advisers, one of New York’s oldest hedge funds, went bankrupt while outperforming the market. The reason: high salaries and bonuses.
- Hema Parmar
Supersized profits: how McDonald’s beat the health-food movement
The 2004 movie ‘Super Size Me’ lead to a backlash against McDonald’s. Twenty years on, the stock is up almost 1000 per cent.
- Brian Gallagher
- Analysis
- Iran sanctions
How sanctions played havoc with Iran’s ageing helicopters
The US-made Bell 212 carrying the country’s president and foreign minister was almost 30 years old when it crashed into a mountainside.
- John Paul Rathbone, Sylvia Pfeifer and Philip Georgiadis
‘Hitler’s language’: Biden calls Trump ‘unhinged’ for ‘reich’ post
The US president has seized on a video posted to the Republican’s social media account that referred to a “unified reich” if Donald Trump won a second term.
- Jordan Fabian and Jennifer Jacobs
- Opinion
- US election
Seven theories of why Biden is losing
The US president is running like he’s winning, which he isn’t. From his age to economic management, voters are turning off the Democrats’ nominee.
- Ezra Klein
Zip’s Larry Diamond returning to Sydney, says US mission accomplished
Diamond says he heeded warnings from James Gorman, setting Zip onto a profitable path in the US, where he expects BNPL to keep winning share off credit cards.
- James Eyers
- Opinion
- Israeli-Palestinian conflict
Arrest warrants huge blow for Israel and massive gamble by ICC
The question of how the US president responds to this, along with Congress, now becomes critical.
- Updated
- Gideon Rachman
Foreign Minister another hardliner close to Revolutionary Guard
Hossein Amirabdollahian represented the hardline shift in Iran after the collapse of Tehran’s nuclear deal with world powers when Donald Trump unilaterally withdrew.
- Jon Gambrell
Joe Biden’s pollution rules throw up barrier to US natural gas projects
New air quality standards will require the Federal Energy Regulatory Commission to more closely examine the impact of LNG projects on the surrounding air quality.
- Myles McCormick
