SA Government pulls plug on electric vehicle rebate as tax swells state’s coffers

SA Government pulls plug on electric vehicle rebate as tax swells state’s coffers

South Australians will lose a $3000 electric vehicle incentive as the state government banks growing budget surpluses over the next four years. Rising tax takes will boost the state’s bottom line even as debt continues to grow, the government’s mid-year budget review revealed on Thursday. WATCH VIDEO ABOVE: Thousands of Aussies to lose $3000 cash … Read more

Chick-fil-A stronger than ever amid more competition

Chick-fil-A stronger than ever amid more competition

A Chick-fil-A meal is displayed at a Chick-fil-A restaurant in Novato, California, on June 1, 2023. Justin Sullivan | Getty Images Every restaurant chain from McDonald’s to Popeyes wants to take down Chick-fil-A, but its hold over customers is tighter than ever. Since its founding in 1967, Chick-fil-A has grown to become the third-largest restaurant … Read more

Nike (NKE) earnings Q2 2024

Nike (NKE) earnings Q2 2024

A customer enters a Nike store along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois.  Scott Olson | Getty Images Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it warned about a “softer” revenue outlook for the second half of the … Read more

Cigna shares jump on abandoned Humana buyout, buyback plans

Cigna shares jump on abandoned Humana buyout, buyback plans

Sopa Images | Lightrocket | Getty Images Shares of Cigna jumped Monday following reports that the health-care giant has scrapped its plans to buy rival Humana due to disagreements on price, putting an early end to what would have been one of the largest deals of the decade. Cigna late Sunday also announced plans to … Read more

The move to a cashless society isn’t just a possibility, it’s well underway, expert says

The move to a cashless society isn’t just a possibility, it’s well underway, expert says

This article was first published in The Conversation. When was the last time you used cash? For many Australians using cash or even swiping a card has become a rare event. The move towards a cashless society started 50 years ago with the introduction of the Bankcard and was driven by technological advancements. But it … Read more

Apple stops selling some Apple Watches on web site over patent dispute

Apple stops selling some Apple Watches on web site over patent dispute

An Apple Watch Ultra 2 device is displayed for sale at The Grove Apple retail store on release day in Los Angeles, California, on September 22, 2023.  Patrick T. Fallon | AFP | Getty Images Apple has stopped selling the Apple Watch Series 9 and Apple Watch Ultra 2 smartwatches on its U.S. website, CNBC … Read more

Thanksgiving air travel set for records in test for airlines

Thanksgiving air travel set for records in test for airlines

Travelers wait in line to check in for their flights at a Delta Airlines ticket counter at Orlando International Airport during the busy Christmas holiday season on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Agency | Getty Images Airlines expect record travel demand this Thanksgiving. Executives say they’re prepared for the hordes. … Read more

Tributes for 49-year-old mother Thuy Le who died following workplace accident inside Erskine Park Bakery in NSW

Tributes for 49-year-old mother Thuy Le who died following workplace accident inside Erskine Park Bakery in NSW

A mother-of-two has died following a workplace accident inside a NSW bakery which she owned with her husband. Thuy Le, 49, was found unconscious inside the Erskine Park Bakery on the corner of Swallow Dr and Peppertree Dr at about 9am on Saturday. She was treated by paramedics before being taken to Nepean Hospital where … Read more

Boeing hands over first 787 Dreamliner to China since 2019

Boeing hands over first 787 Dreamliner to China since 2019

The Boeing 787 Dreamliner sits on the tarmac at Boeing Field in Seattle, Washington. Robert Sorbo | Reuters Boeing on Thursday handed over a 787 Dreamliner directly to a Chinese airline for the first time since November 2019, a milestone that could open up the possibility of deliveries of the manufacturer’s cash cow, the 737 … Read more

James Gorman talks Disney succession, proxy fight

James Gorman talks Disney succession, proxy fight

Morgan Stanley CEO James Gorman said Thursday that he’s gearing up to join a succession planning committee at Disney, which will advise the board on choosing CEO Bob Iger’s successor. Gorman is set to step down as Morgan Stanley CEO Jan. 1. He will join Disney’s board in February. Disney announced last month that Gorman … Read more