Verizon cutting 13,000 jobs to ‘reorient’ company
Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the US telecommunications giant says it must “reorient” its entire company. The jobs cuts began…
US posts solid jobs data in September, unemployment up
US employment growth accelerated in September, but the labour market remained sluggish and failed to keep pace with new job-seekers as employers dealt with fallout from import tariffs and integrated…
Fire disrupts negotiations at COP30 climate summit
A fire that forced an evacuation of the COP30 climate summit venue in the Brazilian city of Belem is under control, officials say, although it is unclear whether delegates will…
Coalition supports environmental reforms with changes
The coalition will support Labor’s long-awaited environmental reforms if a series of amendments are accepted. Opposition Leader Sussan Ley said the coalition was seeking “sensible” changes to the 1500-page bill,…
Whyalla rescue, Santos gift. A multi-billion-fossil-subsidy-fest in the pipeline?
State and Federal Governments are proposing to add $2.4 billion to the Whyalla Steelworks financial disaster, while the man responsible rides into the sunset. Kim Wingerei with the story. The…
Market darling brought to earth by sell-offs and exit
Just weeks ago defence technology innovator DroneShield was riding an artificial intelligence boom on the local share market after releasing new software. Fast-forward to November and the Australian-based firm has…
IMF urges Australia to slash spending and reform taxes
The Reserve Bank of Australia and Albanese government have received the tick of approval from the International Monetary Fund, but it says bold tax reform is still needed. In its…
‘Racial profiling’ in Indigenous teen’s gunpoint arrest
The family of an Aboriginal teenager who was mistakenly pulled from a bus and arrested in the nation’s capital have labelled the incident a clear example of racial profiling and…
Global acts and independent artists recognised at ARIAs
Well-known music veterans and emerging independent stars were among the big winners at Australian music’s night of nights. Melbourne-based global hard rockers Amyl and The Sniffers reaped four ARIAs at…
Australia U-turns and hands climate summit to Turkey
Australia will not host the UN’s annual climate summit in 2026, instead yielding to a rival bid from Turkey. Three years of campaigning to bring the COP31 climate talks to…