Power giant AGL sinks to $1.1b half-year loss

Energy giant AGL has reported a half-year loss of more than $1 billion, capping off a tumultuous period in which billionaire climate activist Mike Cannon-Brookes became the company’s biggest shareholder, overhauled its board and put it on a more aggressive pathway to decarbonisation. AGL, the nation’s largest greenhouse gas emitter, told investors on Thursday it had sunk to a $1.1 […]

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Disney CEO Bob Iger Says Company “Embarking On A Significant Transformation” As Parks Power Quarterly Financials, Streaming Losses Narrow

As Disney reported better-than-expected financials for the fiscal first quarter, CEO Bob Iger said the company is “embarking on a significant transformation” that will reshape the company he rejoined last November. The media giant showed improvement across a range of financial categories during the quarter ending December 31, compared with its dismal showing last November just prior to the ouster […]

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Biden reignites push for new minimum tax on billionaires: What to know

video Economic backdrop for Powell, Biden ‘is very good’: Art Laffer Former Reagan economist Art Laffer discusses the January jobs report and the Fed’s involvement in Biden’s push to tax the wealthy. President Joe Biden revived his calls for higher taxes on billionaires and proposed quadrupling the levy on corporate stock buybacks during his State of the Union address Tuesday […]

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I got fined £80 at McDonald’s while hosting my son’s eighth birthday party in their restaurant – I’m never going back | The Sun

AN AUSSIE mum has clapped back at a third-party parking company hired by McDonald’s after she and her guests received fines in the mail. Leisa Maia hosted her son's eighth birthday party at the fast food joint in Indooroopilly, Queensland on January 20. The party – which lasted for less than three hours then resulted in the mum and guests […]

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Mortgage activity rebounds, skewed toward high priced homes

video Housing market building ‘uncertainty’ around where pricing is going: Kirsten Jordan Real estate agent Kirsten Jordan discusses how falling mortgage rates are stirring housing market demand. Activity in the housing market showed a rebound in the past week as mortgages rates fell for a fifth straight week. The 30-year fixed mortgage rate inched lower to 6.18%. The Purchase Index […]

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