ABC boss warns against local quotas

ABC boss warns against local quotas

AAP ABC boss Mark Scott says plans to make the broadcaster produce more local content would force cuts elsewhere. Independent Senator Nick Xenophon has proposed an amendment to the ABC charter which would enforce local content production quotas across the country. The ABC has axed a number of local programs and will cut 400 staff after the government reduced its budget by $254 million over the n…

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Company Finances

  • Habanos hopes for 25-30% US market share AAP - 52 minutes ago

    Cuban corporation Habanos SA aspires to achieve a 25-30 per cent share of the US cigar market in the first few years after the trade embargo on the island is lifted, a move that will enable Cuban cigars to be exported to the United States freely and legally, company officials say. "Some will think that it's a rather conservative figure, but that would make us into the market leaders," said Habanos SA vice president for marketing Jorge Luis Fernandez Maique at a press conference at the inauguration of the 17th International Cigar Festival in the Cuban capital recently. He said that achieving a 25-30 per cent market share in the US would mean annual sales of between 70-90 million Habanos cigars.

  • Serious strain of bird flu found in Minnesota turkey flock Associated Press - 2 hours 41 minutes ago

    A strain of bird flu that's deadly to poultry has been found in a Minnesota commercial turkey flock but the risk to humans is low, state and federal officials announced Thursday. It's the same highly pathogenic ...

  • Final Glance: Food companies Associated Press - 4 hours ago

    Shares of some top food companies were mixed at the close of trading: ConAgra Foods Inc. rose $.34 or 1.0 percent, to $34.86. General Mills Inc. rose $.07 or .1 percent, to $53.28. Hormel Foods Corp. fell ...

  • Final Glance: Tools and Appliances companies Associated Press - 4 hours ago

    Shares of some top tools and appliances companies were mixed at the close of trading: General Electric Co. rose $.16 or .6 percent, to $25.82. Snap-On fell $.11 or .1 percent, to $147.34. Stanley Works ...

  • Final Glance: Restaurant companies Associated Press - 4 hours ago

    Shares of some top restaurant companies were mixed at the close of trading: Brinker International Inc. rose $.56 or 1.0 percent, to $58.68. Chipotle Mexican Grill Inc. rose $6.33 or 1.0 percent, to $670.49. ...

  • Final Glance: Consumer companies Associated Press - 4 hours ago

    Shares of some top consumer companies were up at the close of trading: Clorox rose $.23 or .2 percent, to $110.16. Colgate-Palmolive Co. rose $.78 or 1.1 percent, to $71.46. Kimberly-Clark Corp. rose $.09 ...

  • Final Glance: Beverages companies Associated Press - 4 hours ago

    Shares of some top beverages companies were mixed at the close of trading: Anheuser-Busch Inbev ADR rose $1.37 or 1.1 percent, to $127.69. Coca-Cola Co. fell $.10 or .2 percent, to $42.40. Dr Pepper Snapple ...

  • Final Glance: Autos companies Associated Press - 4 hours ago

    Shares of some top autos companies were mixed at the close of trading: Ford Motor Co. rose $.08 or .5 percent, to $16.11. General Motors Co. rose $.04 or .1 percent, to $37.61. Honda Motor Co. rose $.16 ...

  • FDA study finds little evidence of antibiotics in milk Associated Press - 5 hours ago
    FDA study finds little evidence of antibiotics in milk

    In an encouraging development for consumers worried about antibiotics in their milk, a new Food and Drug Administration study showed little evidence of drug contamination after surveying almost 2,000 dairy ...

  • AERT Announces 2014 Year End Results GlobeNewswire - 5 hours ago

    SPRINGDALE, Ark. -- Advanced Environmental Recycling Technologies, Inc. announced today that net sales for the year ended December 31, 2014 were $76 million, up 10.5% from $68.8 million for the year ended ...