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Wall Street suffers $4.6tr wipeout as AI stocks plunge, ASX set to slide lower
Another wipeout for stocks tied to the buildout of AI data centres overwhelmed Wall Street and more than erasing all its gains from the day before, which was its best in three months.
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Wall Street wipeout as AI stocks tumble, ASX set to slide lower
Another wipeout for stocks tied to the buildout of AI data centres overwhelmed Wall Street and more than erasing all its gains from the day before, which was its best in three months.
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Almost every sector on Australian stock market down after US tech sell-off — as it happened
The Australian share market falls sharply as investors shy away from the tech bros after an overseas sell-off overnight.
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Regional areas suffer from 'buyer's market with no buyers'
Spring is usually one of the hottest times to sell property, but a housing market slump is affecting regional areas.
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Nearly $2m to scrap Hobart stadium thermal power plant
The Tasmanian government has paid about $2 million to not build a thermal power plant at Macquarie Point, the site of the planned Hobart stadium.
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Nearly $2m compo paid to company over scrapped Macquarie Point power plan
The Tasmanian government has paid about $2 million to not build a thermal power plant at Macquarie Point, the site of the planned Hobart stadium.
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My partner’s colleagues are always off sick. Is it wrong to speak up?
It’s no secret that schools, to a great extent, run on the goodwill of staff. But this is taking it too far.
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Wall Street plunges as AI stocks tumble, ASX set to slide lower
Another wipeout for stocks tied to the buildout of AI data centres is overwhelming Wall Street and more than erasing all its gains from the day before, which was its best in three months.
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Is this even legal? Ten’s staff scratching their heads over ‘buyout’ offer
Network Ten insists its cost-cutting drive is not a redundancy round. But it sounds a lot like one.
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In layman's terms, this is what is happening at David Jones
Can you be in administration and have receivers? Yes, and it is happening at David Jones, which is seeking to restructure but will likely face challenges.
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In layman’s terms, this is what is happening at David Jones
Can you be in administration and have receivers? Yes, and it is happening at David Jones, which is seeking to restructure but will likely face challenges.
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David Jones suppliers report months of unpaid invoices, unanswered phone calls
David Jones' suppliers tell the ABC they could see "the writing on the wall" as payment times got longer and telephone calls went unanswered.
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David Jones suppliers left with unpaid invoices
David Jones' suppliers tell the ABC they could see "the writing on the wall" as payment times got longer and telephone calls went unanswered.
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Cutting government spending may slow prices, but it could bring on something worse
Both the Reserve Bank and government are copping blame for things out of their control. But bending to pressure might put us in a worse position.
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Can’t get into Qantas’ exclusive Chairman’s Lounge? There soon may be another option
Sydney’s T2 domestic terminal will soon offer lounge access to departing passengers regardless of airline, ticket class or frequent flyer status.
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Business says inquiry into sector's struggles ignores key issue of tax
A Productivity Commission inquiry into how to make businesses more dynamic releases its interim findings after being directed not to consider tax or industrial relations.
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Billionaire Paul Little pitches $8m South Yarra site near Melbourne High
Billionaire Paul Little is having another stab at selling a development site overlooking prestigious Melbourne High School’s hockey pitch.
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Third wave of 'hoax' bomb threats targets 27 passenger flights across Europe
Bomb threats have affected at least 27 flights in Europe on Thursday , including in France, Bulgaria, Italy, Austria, Belgium and the Czech Republic.
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Third wave of ‘hoax’ bomb threats targets 27 passenger flights across Europe
Bomb threats have affected at least 27 flights in Europe on Thursday , including in France, Bulgaria, Italy, Austria, Belgium and the Czech Republic.
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Third wave of 'hoax' bomb threats hit 27 passenger flights across Europe
Bomb threats have affected at least 27 flights in Europe on Thursday , including in France, Bulgaria, Italy, Austria, Belgium and the Czech Republic.
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New wave of 'hoax' bomb threats hits passenger flights across Europe
Bomb threats have affected at least 25 flights in Europe today, including in France, Bulgaria, Italy, Austria, Belgium and the Czech Republic.
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New wave of bomb threats hits passenger flights across Europe
Bomb threats have affected at least 19 flights in Europe today, including in France, Bulgaria, Italy, Austria, Belgium and the Czech Republic.
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Breaking: New wave of bomb threats hits passenger flights across Europe
Bomb threats have affected at least 15 flights in Europe today, including in France, Bulgaria, Italy, Austria, Belgium and the Czech Republic.
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Breaking: More bomb threats divert planes across Europe
Bomb threats have affected at least seven flights in Europe today, including three in Bulgaria, one in Italy and one flying over France.
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Breaking: Bomb threats divert planes across Europe
Bomb threats have affected at least six flights in Europe today, including three in Bulgaria, one in Italy and one flying over France.
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Bomb threat diverts Aer Lingus plane flying from Dublin to Rome
An Airbus A320 plane flying from Dublin to Rome has been diverted to an air base at Évreux, France, following a bomb threat.
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WA farmers say reported canola crop failures could cost millions
Farmers across Australia's largest canola-producing region consider legal action over reported failures of multiple strains of canola.
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Famers eye legal action after reports of million-dollar canola crop failures
Farmers across Australia's largest canola-producing region consider legal action over reported failures of multiple strains of canola.
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Smart glasses present 'elevated risk' to patients, says NT Health
The Northern Territory health department has issued a ban to its staff around the use of smart glasses, as part of an internal department review into its privacy policies triggered by a recent breach.
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NT Health bans staff from wearing smart glasses, citing 'elevated risk'
The Northern Territory health department has issued a ban to its staff around the use of smart glasses, as part of an internal department review into its privacy policies triggered by a recent breach.
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Donald Trump has become a big problem for Fox News
As results began to pour in on a bruising midterm election night for the Republicans, Trump picked an unlikely scapegoat.
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ASX surges in $80b midterms relief rally as oil slumps; NAB dives, NextDC soars
The Australian sharemarket soared the most since April as the Democrats’ sweeping US election victory fuelled optimism the Iran war could end soon, sending oil prices plunging.
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Trust in the Reserve Bank is under strain, RBA deputy governor concedes
Trust in the RBA is under strain "just as we need it most," RBA deputy governor warns.
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Deputy governor concedes RBA is losing Australians' trust to manage inflation
Trust in the RBA is under strain "just as we need it most", RBA deputy governor warns.
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Former mining town's preschool again at risk of lead exposure
The Captains Flat community has concerns about how ongoing lead exposure risks are being managed in their hometown, after elevated lead levels were detected at their preschool.
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Kuniko strikes again as NSW gold-silver system grows
Kuniko has struck gold-silver mineralisation in all 11 drill holes across two campaigns at its NSW Commonwealth-Silica Hill project ahead of a December resource update.
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ClearVue wins A$700,000 US Govt grant for solar glass tech
ClearVue and US partner Silfab Solar have won a US$500,000 grant from the US Dept of Energy to develop high-efficiency solar spandrel technology for the US market.
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‘Came to say goodbye’: Shelves stripped bare as luxury brands desert David Jones
David Jones’ owners have appointed administrators, which is expected to trigger an extensive restructure of the company and thousands of job losses.
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‘Came in to say goodbye’: Shelves stripped bare as luxury brands desert David Jones
David Jones’ owners have appointed administrators, which is expected to trigger an extensive restructure of the company and thousands of job losses.
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Stock already being cleared as David Jones goes into administration
David Jones customers have rushed to spend gift cards hours after news broke the retailer's future was in serious jeopardy.
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'Sombre' mood inside David Jones stores as shoppers redeem gift cards
David Jones customers have rushed to spend gift cards hours after news broke the retailer's future was in serious jeopardy.
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The billionaire who’s a winner from David Jones’ collapse
The collapse of David Jones is expected to give its rival Myer a boost, as reflected in the surging Myer share price.
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Right Resources puts 3km NSW tungsten trend in spotlight
Right Resources has uncovered multiple tungsten targets at its Moonlight prospect in NSW, with rock chips returning high grades of up to 0.61 per cent tungsten trioxide and anomalous gold.
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Woodside to axe 500 jobs, sparking fears for WA workers
Gas giant Woodside Energy announces it will slash at least 500 jobs from its global workforce as part of plans to cut costs by $550 million a year from 2028.
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Australia's biggest oil and gas company to axe 500 jobs
Gas giant Woodside announces it will axe at least 500 jobs from its global workforce as part of plans to cut costs by $550 million a year from 2028.
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Big batteries ready to power one-third of ACT for hours if needed
The ACT government expects the project to eventually be cost-positive, generating revenue for the territory.
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Aftermarket raid: Embattled data centre company NextDC’s shares soar
Major delays to NextDC’s flagship Melbourne facility left it vulnerable to an “opportunistic” raid by two rivals seeking to buy up to 10 per cent of the company.
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This unspoken tradition is stalling our economy. But is it really so bad?
This months-long pause isn’t carved into any legislation, but is an unofficial countrywide practice.
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Aureka lands production licence for historic Vic gold mine
Aureka Ltd has landed a production licence for its Comstock gold project in Victoria, paving the way for a mining restart and a second ore source for its Wedderburn mill.
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Down $60b, and counting: The midterms’ biggest loser isn’t Trump. It’s Elon Musk
The world’s richest man invested heavily to back Republican candidates, much of it in Texas. He wasted his money and now faces obstacles to his artificial intelligence ambitions.
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