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Australian Consumer Watchdog Sues Amazon for Alleged Unfair Conduct
The ACCC alleges the tech giant included ‘five unfair contract terms’ in its Prime subscriptions with around 1 million customers.
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Merrill Lynch Fined $7.5 Million for Suspicious Transaction Reporting Failures
Suspicious Activity Reports are designed to prevent instances of money laundering, fraud, or terrorist financing.
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Onsemi Acquires Synaptics in $7 Billion All-Stock Deal
Semiconductor supplier company Onsemi acquired chipmaker Synaptics to use its edge AI chips to further expand into physical artificial intelligence.
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Rocket Lab to Buy Iridium in $8 Billion Space Communication Industry Deal
The deal comes as satellite connectivity companies race to expand their networks and compete with Starlink.
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Stock Market Boom Pushes Investor Borrowing Binge to Record $1.4 Trillion
Despite record margin debt, investors are still resting on a massive cash stockpile.
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Comcast Plans to Split, Keeping Telecommunications While Spinning off NBCUniversal
Shareholders will receive stakes in both companies.
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How to Use the Bucket Strategy Like a Pro
A bucket strategy can help retirees manage market risk and cash flow.
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A Smart Guide to Borrowing
When cash is tight, choosing the right way to borrow can save you thousands in interest and fees.
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Australia Will Struggle to Develop All 31 of Its Critical Mineral Reserves, Inquiry Told
Critical Minerals Consortium co-founder David Whittle said it was better for the country to focus on minerals with high global value.
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Australia’s Green Transition Bumps up Against a New Hurdle: Water
A new chapter in Australia’s water debate has just opened up: critical minerals.
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Australia ‘Doubles Down’ on Under-16 Social Media Ban, Doubles Fines to $99 Million
Australia’s eSafety Commissioner will have expanded powers to investigate Big Tech companies.
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Economist Warns Queensland LNP Increasing Spending Faster Than NSW, Victoria
Premier David Crisafulli is promising a surplus by the end of the decade, but an economist is concerned about the state’s big spending pledges.
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Treasurer Pledges to Fix ‘Widow’s Tax’ on Investment Properties
If a couple divorces or one partner died, the grandfathering arrangement could be removed.
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After Opposing California Billionaires’ Tax, Newsom Calls for Federal Billionaires’ Tax
Under conventional definitions, ’the notion that billionaires pay lower tax rates than ordinary workers simply does not hold up,' an economist said.
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Chinese Battery Firm Loses Ohio Incentives for Failing to Meet Job, Investment Targets
Ohio officials have revoked tax incentives for Semcorp, a Chinese battery manufacturer, after it failed to meet its commitments.
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Appeals Court Declines to Lift Biden-Era Soot Limits for Coal-Fired Power Plants
A federal appeals court upheld the soot rules on coal plants in a blow to the Trump administration’s EPA’s deregulatory agenda.
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Hyundai Recalls 96,310 Vehicles in US
In May, NHTSA announced Hyundai was recalling 421,078 vehicles that could have faulty forward collision avoidance systems.
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Xi’s Summit Promise of Openness Is Giving Way to Greater Control
Only weeks after the summit with the United States, Beijing is tightening trade and market access—but he’s not the only one doing so.
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Novak Djokovic Joins Private Equity Firm General Atlantic as Global Strategic Adviser
The 24-time Grand Slam champion will help General Atlantic expand into the health and wellness sector.
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