Magellan’s chief investment officer Hamish Douglass has defended the group’s approach to diversifying operations and predicts key stakes in loss-making companies will come good.

As Australia’s largest online bookseller struggles to forge a viable business model, many independent booksellers have found ways to thrive.

The Australian sharemarket is on track for its best day in weeks as tech stocks lead the way after a strong day on Wall Street overnight.

In a candid letter to investors, the venture fund Square Peg predicts more start-up failures, lower valuations and slower returns.

Anton Billis was once so close to his friend, convicted fraudster Michael Giovinazzo, he was the best man at his wedding. But their 25-year friendship is now in tatters, and is being pored over in the Victorian Supreme Court.

Good science to protect Burrup artworks are essential for a World Heritage bid, and after 15 years of contested science, high hopes greeted this new program.

US short-selling group Hindenburg scored a direct financial hit on Adani as shares in the group’s various listed companies fell by $US9 billion.

John Smith* started dating a man who worked at American Express. The relationship took a dark turn.

Air Canada says it has apologised to two passengers who were escorted off a plane by security after protesting that their seats were smeared in vomit.

Corporate consulting chief Adam Powick revealed he invested in a multimillion-dollar scheme created by a partner at the firm, in what he says was a betrayal of trust.

Westpac could pay millions of dollars in penalties if the Federal Court rules the bank did not respond to pleas from customers within the required time frame.

Junior telco and new kid on the ASX block Aussie Broadband’s pitch of ‘reliable internet’ has seemingly struck a chord with locked down consumers.

Many retailers are returning to CBD bricks and mortar, creating new experiences that entice shoppers to explore.

Regrets, he has a few: The billionaire acknowledged in a TV interview he shouldn’t have spent time with disgraced financier Jeffrey Epstein on several occasions.

The scandals gripping the big banks show no sign of letting up, and investors fear dividends could be the casualty.

Shares in the pizza giant have tumbled after a sharp drop in profit, with boss Don Meij admitting the company “did not get the balance right” after raising prices.

Was it bullying? And how did the ASX-listed energy giant’s board manage to so badly misread his personality before appointing him to the top job?

The Japan-inspired discount chain store has appointed administrators yet again as consumers close their wallets.

Shoppers are being told to hurry up with their orders for the festive season as delivery operators prepare for a huge Christmas.

Chris Dore has resigned from the News Corp masthead and will undergo surgery this week.

What’s at the top of the Sharks CEO’s sporting bucket list? Watching Liverpool live in a Champions League final.

The Australian sharemarket followed Wall Street’s subdued trading session as tech companies and miners offset gains by the energy giants.

“Unemployment” as we have come to understand it is a fairly new concept. But it is no longer fit for purpose.

Rick Smith says he and his brother came up with the idea for their company after high school football teammates were killed in a shooting.

The government will have you believe that they will improve childcare and health and education, do a better job on aged care and various other things while cutting taxes. The reality will be quite different.