Bloomberg qualifies for Las Vegas debate as Sanders rises in polls

Bloomberg qualifies for Nevada debate This will be the first time the constituents will hear from former New York City Michael Bloomberg in a debate setting. Michael Bloomberg’s free-spending campaign has secured him a spot on the Las Vegas debate stage on Wednesday, the first time the billionaire will appear onstage alongside his Democratic presidential […]

Fed Doesn’t Want Another Repo Crisis, But Treasury Isn’t Helping

The Federal Reserve has doled out tens of billions to calm the short-term lending markets after they went haywire in September. But initiatives by the U.S. Treasury Department — to ensure it always has enough cash to pay its bills as the deficit soars to a trillion dollars — could make it harder for the […]

Apple Shares Drop After Virus Warning Rattles Tech Investors

Apple Inc.’s shares fell 4.1% in pre-market trading after the company said the fallout from the coronavirus will cause it to miss its sales targets this quarter, sending shockwaves across tech stocks globally. Shares of Apple’s European suppliers fell in early trading, echoing an earlier decline in their Asian counterparts. Europe’s benchmark Stoxx Tech Index […]

Miners dig in against Victoria’s gold royalty hike

Australia's powerful mining industry is pressuring Victoria to reverse its introduction of a gold royalty, warning the impost will stunt the growth of the fast-growing sector in the state and deter future exploration and mine developments. The Minerals Council of Australia's renewed push, contained in a submission ahead of the Andrews government's May budget, comes […]

Apple’s Outlook Cut Revives Questions About China Over-Reliance

For the second time in as many years, Apple Inc. has had to temper its sales outlook because of unexpected shifts in China, the country that’s served as the engine of its growth and success. First a trade war with the U.S. and now the outbreak of a novel coronavirus have called into question China’s […]

Sleepless at Seven: What’s keeping boss James Warburton awake at night

So what keeps Seven West Media boss James Warburton up at night other than a shrinking advertising market and the prospect of a big fall in full-year profit? I’d venture several things. First would be the coronavirus and its potential to compromise the Tokyo Olympics in July if headline athletes boycott the event – because […]

Dallas Paper Chucks Candidate Endorsements, Wants Voters To Think For A Change

In a major break with tradition, The Dallas Morning News will not endorse a presidential candidate this year. Instead, the newspaper will explore and support “ideas” and offer a “vision for the country,” it explained in an editorial message to readers. Its rationale is that the more thoughtful, voter-empowering approach will quell the rise of political […]

WA cannabis hopefuls pass the hat around to grow operations

The first two months of 2020 have seen a flurry of activity as West Australian-based medical cannabis companies hunt for cash to grow their businesses to meet booming patient demand. February will see two the public listing of two Perth medical cannabis companies, while a third startup has gone down the crowdfunding route to fund […]

Denny Hamlin wins Daytona 500, joining an elite group with his 3rd victory

DAYTONA BEACH, Fla. — New year, another Denny Hamlin win in the Daytona 500. And Joe Gibbs still has the team to beat in NASCAR. Hamlin won his third Daytona 500 on Monday, becoming the first driver since Sterling Marlin in 1995 to win “The Great American Race” in consecutive seasons. His win last year […]