No bonus for Porsche employees as car maker struggles
Employees at Porsche will not receive a bonus for the 2025 financial year because of the German luxury car maker’s poor results. A spokesman for the Stuttgart-based manufacturer confirmed on…
Lululemon sinks as CEO hire fails to impress investors
Lululemon Athletica shares in the United States have tumbled to their lowest level since March 2020 as the struggling athletic apparel maker’s decision to tap a CEO from turnaround-embattled Nike…
Warner Bros shareholders approve Paramount merger
A Warner-Paramount mega merger has received shareholders’ stamp of approval, propelling a deal that could vastly reshape Hollywood and the wider media landscape closer to the finish line. Per a…
PM cool on gas tax as companies prepare for grilling
The prime minister has given the strongest indication yet his government will not impose a new tax on the nation’s gas giants in the May budget. As calls grow for…
Heat on premiers to back reforms as NDIS stoush brews
Disabled Australians could be left without the support they need if state governments are too slow to build new programs outside the NDIS, the scheme’s former chief economist warns. David…
Ben Roberts-Smith ‘never planned’ to flee overseas
Ben Roberts-Smith was eyeing business opportunities overseas before his arrest, but his partner says the war veteran always intended to return home if criminal charges were laid. The former SAS…
Rinehart could be ordered to give documents to rivals
Billionaire Gina Rinehart is likely to be forced to hand over years of financial records to two rival mining dynasties pursuing hundreds of millions of dollars in unpaid iron ore…
Oil and gas giant feels the heat from climate activists
Climate activists have repeatedly disrupted a gathering of shareholders of Australia’s biggest oil and gas company, with one breaching barricades to jump onto the stage. The four Disrupt Burrup Hub…
NDIS rorts are rife. Will Butler’s reforms fix it?
The NDIS reforms announced by Health Minister Mark Butler promise to address the scheme’s excesses, but will it fix a broken system, Sarah Russell asks? History shows us that rorting…
Rising star to be grilled over bath with film producer
The star of Rebel Wilson’s directorial debut will testify about how she described an experience she had with one of the film’s producers, as her blockbuster defamation trial continues. Charlotte…