Business
Market movers
Opinion
Electric vehicles
Tesla’s profits are being sunk by a tide of electric cars
First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with excess capacity and production.
- by Stephen Bartholomeusz
Currency
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Companies
Opinion
Company mergers
BHP’s clever plan for dealing with Anglo’s poison pills
BHP has approached the embattled Anglo American mining house with an all-scrip offer that would see the group’s most troublesome assets spun off.
- by Stephen Bartholomeusz
McKinsey faces US criminal investigation over its opioids work
McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fuelling America’s opioid epidemic.
- by Mike Spector, Nate Raymond and Chris Prentice
BHP eyes takeover of $52b rival Anglo American
- by Crystal Tse, Dinesh Nair and Thomas Biesheuvel
Opinion & Perspectives
BHP’s clever plan for dealing with Anglo’s poison pills
BHP has approached the embattled Anglo American mining house with an all-scrip offer that would see the group’s most troublesome assets spun off.
Stephen Bartholomeusz
Senior business columnist
Why Goyder survived even though his climate plan was panned
For large investors such as pension and superannuation funds, a vote against what climate activists and experts and some shareholders believe is a vague and feeble plan to reduce emissions in line with the Paris Agreement is a no-brainer.
Elizabeth Knight
Business columnist
Chaos, paranoia and overreaction: Robbie Cooke’s tortured Star turn
Former CEO Robbie Cooke thought he had all the experience needed to rescue Star Entertainment, but his career gamble has led to a spectacular bust.
Colin Kruger
Senior Business Reporter
Banking & finance
Opinion
Payments
The Armaguard saga shows we’re a long way from ditching cash entirely
- by Clancy Yeates
Entrepreneurship
The iron men with a $3 billion plan to save the planet
Two former Fortescue executives want to reduce the enormous carbon footprint of iron ore, Australia’s most lucrative export industry. It’ll cost at least $3 billion.
- by Anne Hyland
This Australian billion-dollar luxury fashion retailer has taken the world by storm. But read the fine print
Cettire has dazzled both well-heeled shoppers and investors with its bargains and extraordinary growth, but it has also become the most polarising success story on the ASX.
- by Colin Kruger
Media
Legal fight over Trump Media’s ownership adds to its woes
- by Matthew Goldstein and David Yaffe-Bellany