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    Companies

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    Afterpay and Tesla - the stocks that divide the market

    Afterpay and Tesla - the stocks that divide the market

    Now worth almost $18 billion in market capitalisation, Afterpay has become impossible to ignore. Share price momentum is a powerful force, as is being ascribed disrupter status.

    • by Elizabeth Knight

    Latest

    CBA confirms future of startup Beem It under review
    Payments

    CBA confirms future of startup Beem It under review

    The CBA says the future of the payments startup it has heavily backed, is under review as it considers options that triggered the sacking of Beem It's CEO.

    • by Colin Kruger
    Novartis pays close to $1 billion to settle suit over doctors' bribes
    Pharmaceuticals

    Novartis pays close to $1 billion to settle suit over doctors' bribes

    The pharma giant has agreed to pay the US government and various states to end a lawsuit over a sham speaker program that distributed cash, lavish meals and golf trips to induce doctors to prescribe its heart and diabetes drugs..

    • by Larry Neumeister
    Robyn Denholm warns Australia risks being left behind on EVs as Tesla value hits $300b
    Electric cars

    Robyn Denholm warns Australia risks being left behind on EVs as Tesla value hits $300b

    Australia risks squandering the chance of becoming a renewable energy "superpower" says Tesla chair as the company topples Toyota as the world's most valuable car brand.

    • by Cara Waters
    Kathmandu pessimistic about recovery, despite sales surge after lockdowns
    Retail

    Kathmandu pessimistic about recovery, despite sales surge after lockdowns

    The outdoors retailer has warned its full-year profit will fall about 30 per cent and expressed "significant" concerns for Australia's economy as government stimulus wears off and further virus outbreaks loom.

    • by Dominic Powell
    Jeff Bezos and Amazon under pressure to deliver more than hot air
    Analysis
    Environmental protection

    Jeff Bezos and Amazon under pressure to deliver more than hot air

    the world's richest man and his trillion-dollar company are trying to show they are serious about the environment. They might be less willing to make changes that threaten to slow Amazon's growth machine.

    • by Olivia Rudgard and Hasan Chowdhury
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    Facebook and Google's power under the microscope
    Media & marketing

    Facebook and Google's power under the microscope

    UK watchdog has called for sweeping new powers to roll back the dominance of Google and Facebook in the online-advertising market, a move designed to push global regulators to be more aggressive against the tech giants.

    • by Jonathan Browning and Aoife White
    Police raid Wirecard HQ as administrator kicks off asset sales
    Fintech

    Police raid Wirecard HQ as administrator kicks off asset sales

    Police and public prosecutors have raided Wirecard's headquarters in Munich and four properties in Germany and Austria as they widen their investigation.

    • by Arno Schuetze and Alexander Hübner
    We can't stop all the hate but we try
    Opinion
    Facebook

    We can't stop all the hate but we try

    With so much content posted on Facebook every day, rooting out the hate is like looking for a needle in a haystack.

    • by Nick Clegg
    Shareholders helping to shift the dial towards principled profit
    Opinion
    Governance

    Shareholders helping to shift the dial towards principled profit

    Shareholders, traditionally focused only by maximising profit, are now agitating for corporate social change. Governments need to read the room and get on board.

    • by John Hewson
    Incitec Pivot CEO steps up push for cheaper gas amid oil market rout
    Energy

    Incitec Pivot CEO steps up push for cheaper gas amid oil market rout

    Australia's top industrial gas user says weakening global oil prices should raise the pressure on east-coast gas giants to offer much cheaper contracts.

    • by Nick Toscano