BusinessAustralian Associated PressWall Street slips on weak economic data
The S&P; 500 and the Nasdaq have finished in the red as worries that aggressive moves to curb decades-high inflation might tip the US economy into recession dampen investors' appetite for risk.All three major US stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive.
BusinessAustralian Associated PressCrown shareholders back Blackstone buyout
Crown Resorts shareholders have overwhelmingly backed a $8.9 billion takeover by US private equity giant Blackstone.
BusinessAustralian Associated PressAMP won't commit to regular dividends yet
AMP isn't yet in a position to resume regular payouts to shareholders, but will share with them most of the proceeds of its asset management business, its new chief executive says.The wealth manager over the past year or so has sold off the business formerly known as AMP Capital in pieces to Dexus, Macquarie and DigitalBridge for a total of roughly $2 billion.
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