EnergyAustralia fined for sales tactics

EnergyAustralia fined for sales tactics

AAP EnergyAustralia has been fined $1 million for the second time in a year over its aggressive salespeople. The Federal Court handed out a penalty of $1 million to the energy retailer for illegal false and misleading conduct carried out by phone salespeople. EnergyAustralia's telemarketers Bright Choice Australia illegally signed up consumers they phoned to contracts, after obtaining their deta…

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  • Robot Astronaut Kirobo Awarded Two GUINNESS WORLD RECORDS™ Titles Business Wire - 2 hours 22 minutes ago

    TOKYO--(BUSINESSWIRE)-- Dentsu Inc. (TOKYO: 4324) (ISIN: JP3551520004) (President & CEO: Tadashi Ishii; Head Office: Tokyo; Capital: 74,609.81 million yen) announced today that Kirobo, the robot astronaut ...

  • Lab beef a reality in 10 years: scientist AAP - 3 hours ago
    Lab beef a reality in 10 years: scientist

    Laboratory beef could surpass the real thing within 10 years to solve environmental and animal welfare problems, while remaining just as tasty, a Dutch scientist says. Mark Post, Professor of Physiology at Maastricht University in the Netherlands, 18 months ago oversaw the creation of the first "cultured beef" burger made of stem cells from cow muscle tissue. "They recognise the same problems, probably better than anybody else, and they see there could be alternatives," Professor Post told reporters in Darwin on Friday, where he was a guest speaker at the Northern Territory Cattlemen's Association annual conference. Initially, it will be considered a luxury product, with an appeal to those with environmental and animal welfare concerns.

  • Haier Electronics: New Positioning of Businesses and Rural E-commerce Market are the New Growth Drivers … ACN Newswire - 6 hours ago

    HONG KONG, Mar 27, 2015 - (ACN Newswire) - The overall home appliance market was weak amid slowing macro economy growth and the downturn in the property market in 2014. Haier Electronics made great progress in white goods business and integrated channel services business, the gross profit margin and the operation profit of each business segment increased significantly. The reason laid behind the scene is the new positioning of Haier Electronics' white goods business and integrated channel services business, laying a solid foundation of the steady long-term growth of the company. Mr. Zhou Yun Jie, the Chairman of Haier Electronics, said "Our success is relied on our new positioning in Internet+ era.

  • Govt moves ahead with food label changes AAP - 6 hours ago
    Govt moves ahead with food label changes

    Country of origin labels for processed foods will be mandatory under a plan to be put to federal cabinet. Industry Minister Ian Macfarlane has overcome resistance in cabinet to bring in the labels, which consumer groups say are essential. "While it will be a difficult and complicated process and there will be costs all around, consumers do have the right to know where their goods are processed and where the makeup of those goods come from," Mr Macfarlane told ABC radio on Friday.

  • Final Glance: Food companies Associated Press - 8 hours ago

    Shares of some top food companies were mixed at the close of trading: ConAgra Foods Inc. fell $.19 or .5 percent, to $34.75. General Mills Inc. rose $.20 or .4 percent, to $53.94. Hormel Foods Corp. unchanged ...

  • Final Glance: Tools and Appliances companies Associated Press - 8 hours ago

    Shares of some top tools and appliances companies were mixed at the close of trading: General Electric Co. fell $.11 or .4 percent, to $24.80. Snap-On rose $.63 or .4 percent, to $142.20. Stanley Works ...

  • Final Glance: Consumer companies Associated Press - 8 hours ago

    Shares of some top consumer companies were down at the close of trading: Clorox fell $.40 or .4 percent, to $109.64. Colgate-Palmolive Co. fell $.15 or .2 percent, to $68.74. Kimberly-Clark Corp. fell ...

  • Final Glance: Beverages companies Associated Press - 8 hours ago

    Shares of some top beverages companies were mixed at the close of trading: Anheuser-Busch Inbev ADR fell $.75 or .6 percent, to $121.11. Coca-Cola Co. fell $.10 or .2 percent, to $40.35. Dr Pepper Snapple ...

  • Diet sodas fall in US; Pepsi takes back No. 2 spot Associated Press - 8 hours ago
    Diet sodas fall in US; Pepsi takes back No. 2 spot

    Americans bought less soda for the 10th straight year in 2014, with diet sodas shrinking more than their sugary counterparts, according to a report released Thursday. An annual report by the industry tracker ...

  • Lululemon and Red Hat are big market movers Associated Press - 9 hours ago

    Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Red Hat Inc., up $6.91 to $75.36 The company behind the Linux open-source operating ...