Downloading a gun design to your computer, building it with a three-dimensional printer that uses plastics and other materials, and firing it minutes later. No background checks, no questions asked. Sound far-fetched? It's not. (Dec. 21)
Microsoft has reported a 27.8 per cent increase in quarterly profit, lifted by robust demand for its cloud computing services. Under Chief Executive Satya Nadella, who took the helm in 2014, Microsoft has sharpened its focus on the fast-growing cloud computing unit to counter a prolonged slowdown in
Energy Minister Josh Frydenberg has conceded the federal government cannot guarantee gas prices will halve under its short-term solution to supply shortages. Prime Minister Malcolm Turnbull has faced questions about the claim, made as he announced export controls to protect domestic supplies. Mr Turnbull
Stocks to watch on the Australian stock exchange: ORG - ORIGIN ENERGY Origin Energy is expected to release a quarterly production report. RMD - RESMED ResMed is slated to post third-quarter results.
NEW YORK: The Nasdaq Composite has ended at a record high, boosted by results-related gains in Comcast, PayPal and Intuit, while the S&P 500 and the Dow are little changed. The tech-heavy index is likely ...
The Australian market looks set to open flat, following the lead of Wall Street's Dow Jones and S&P500. At 0700 AEST on Friday, the share price futures index was down four points, or 0.07 per cent, at ...
United Airlines has a reached a settlement for an undisclosed sum with the passenger who was dragged from a Chicago flight earlier this month in an incident that sparked international outrage, an attorney for the passenger says. Dr David Dao, a 69-year-old Vietnamese-American doctor, was hospitalised
The Australian dollar is down against its US counterpart, hitting a four-month low after US president Donald Trump again targeted the imports issue, before retracing some lost ground. At 0635 AEST on Friday, ...
The federal government predicts a jobs boom associated with Sydney's second airport at Badgerys Creek will result in a new city in the west. Federal Assistant Cities Minister Angus Taylor is expected to tell a summit at Parramatta that a "city deal" between the Commonwealth, NSW and eight
After months of seemingly talking about nothing else but housing affordability, Treasurer Scott Morrison has changed the focus of his pre-budget discussion to government debt. Mr Morrison used his final speech before the May 9 budget on Thursday to explain how "good" and "bad" debt
Facebook has announced new measures it is taking to combat what it calls "information operations" that go well beyond the phenomenon known as fake news. In a report and summary of proposals to be published on its website, Facebook describes well-funded and subtle efforts by nations and other
President Donald Trump decided against terminating the NAFTA treaty after the leaders of Mexico and Canada called him and asked him to work on a new trade between the three countries. "Rather than terminating NAFTA, which would be a pretty big shock to the system, we will renegotiate," Trump
Canadian Prime Minister Justin Trudeau has urged US President Donald Trump not to withdraw from NAFTA in a call, saying such a move would be counter-productive, a Canadian source familiar with the matter ...
US president Donald Trump's plan to slash business and household taxes could shift the US economy into higher gear, but it may have one effect the White House would not welcome - interest rates ratcheted higher than expected by a wary central bank. The Trump administration says hundreds of billions
US President Donald Trump has announced slashing the corporate tax rate from 35 per cent to 15 per cent, while cutting the number of tax brackets for individuals from seven to three. The treasury secretary said other key elements of Trump's plan were proposals to repeal the estate tax and institute
The federal government has signalled a dramatic shift in thinking on debt and paved the way for a surge in infrastructure spending, economists say. Treasurer Scott Morrison says his forthcoming federal budget will make a clear distinction between the good debt used to pay for income-generating infrastructure
The loss-making commercial television broadcaster is looking to secure support for a new financing package from its major investors, who collectively own about 30 per cent of the company. Ten on Thursday posted a first-half loss of $232.2 million after booking a $214.5 million writedown to the value
The strongest annual rise in export prices in eight years is potentially a bonus for Treasurer Scott Morrison as he puts together his May federal budget. Figures released on Thursday showed exports of Australia's key commodities have given another lift to the terms of trade or national income.
Treasurer Scott Morrison will push ahead with the unlegislated tranche of his 10-year business tax plan when parliament returns for the budget in less than two weeks. The treasurer's pledge comes as the Trump administration announced it would slash the US corporate tax rate from 35 per cent to 15
A holiday park, a permanent outdoor music venue and two new major events could help western Sydney climb into the top three most-visited regions in NSW. Train, light rail and road links are planned as part of a $73 billion infrastructure funding commitment, Western Sydney Minister Stuart Ayres told
Queensland farmers and small business owners affected by Cyclone Debbie will receive almost $15 million in disaster funding from the federal and state governments. Prime Minister Malcolm Turnbull and Queensland Premier Annastacia Palaszczuk made the announcement about the Category C entitlements on
The share market has posted a modest gain as strength in the heavyweight financial sector offset a slump in energy stocks as the federal government flagged potential restrictions on gas exports. The benchmark ...
Sales growth at Coles continues to slow as the supermarket giant competes with Woolworths' aggressive price cuts and Aldi's expansion. Food and liquor sales at Coles and its associated bottle shops rose 1.2 per cent to $7.6 billion in the 12 weeks to March 26, while comparable sales, which accounts
Vitamins supplier Blackmores says its sales have been improving over the first nine months of the financial year, but are down from a year ago as changed buying patterns in China affected sales in Australia. Blackmores generated sales of $496 million in the nine months to March 31, down 6.7 per cent
Perennially third-ranked commercial TV network Ten's future is in question as the embattled broadcaster faces its biggest test after years of challenges. * March, 2005 - Ten's share price hits a record ...
The share market has closed modestly higher, its fifth straight gain, with the financial sector leading the way. The benchmark S&P/ASX200 index rose 9.5 points, or 0.16 per cent, to 5,921.5 points, while ...