Amazon CEO Jeff Bezos' net worth increased by nearly $US40 billion in 2017 - the most of any billionaire, according to Forbes. When you break it down, Bezos raked in over $US107 million per day in 2017. Mark Zuckerberg, Bernard Arnault, and Carlos Slim were the biggest earners behind Bezos in 2017
Everyone’s dream is to work for a strong, effective, omniscient leader. The unfortunate reality, though, is that virtually every leader is flawed, and some are just downright weak and ineffective. Chances are if you haven’t had a weak boss yet, at some point in your career you will. There are specific
Australia's unemployment rate rose to 5.6 per cent in February as more people looked for jobs, however a surge in full-time positions has more than offset a fall in part-time jobs. The total number of people with jobs rose by 17,500 in February, as the addition of 64,900 full-time jobs eclipsed
Tanveer Pasha, a 33-year-old taxi driver in Bengaluru, is in a dilemma. As president of the OTU (Ola, Taxiforsure, and Uber) Drivers and Owners Association, he’s keen on joining his colleagues in Mumbai and New Delhi in their March 19 strike against mobile app-based cab aggregators over dwindling earnings
When you live in one of the most expensive cities in the world, you’d naturally think that the luxury of drinking wine and smoking cigarettes would set you back a quite a bit. According to the Economist Intelligence Unit’s Worldwide Cost of Living index, released this week, the costs vary dramatically
Facebook CEO Mark Zuckerberg appeared on multiple media outlets today to address the Cambridge Analytica scandal and to answer pressing questions about the increasingly large role Facebook plays in today's world. In a particularly enlightening moment in a Re/Code interview, Zuckerberg expressed trepidation
The Australian share market has closed lower after the US central bank lifted interest rates and forecast further hikes in the years ahead. The benchmark S&P/ASX200 index dropped 0.2 per cent to 5,937.2 ...
Commonwealth Bank and AUSTRAC will enter mediation to attempt to resolve the civil case in which the bank is alleged to have breached money-laundering and terrorism-funding laws. CBA said on Thursday that the Federal Court has ordered the matter be referred to mediation, at the request of both the bank
The Australian dollar has rallied almost one US cent, after the US Federal Reserve raised its interest rate for the first time this year and paved the way for more rate hikes later this year. At 0635 AEDT ...
Twitter founder Jack Dorsey thinks bitcoin will be the world's "single currency" in ten years. Dorsey's Square has been expanding its foothold into the cryptocurrency market recently. Count the founder of Twitter as one of the many bitcoin evangelists.
President Trump is reportedly furious over a leak to The Washington Post about how he ignored his national security advisers' warnings not to congratulate Russian President Vladimir Putin on his recent election victory. The report said Trump's briefing materials had included the warning, "
People are furious, and they have good reason to be: Data from over 50 million Facebook users was used to target voters and influence the 2016 US presidential election, as well as the 2016 "Brexit" referendum, reports revealed over the weekend. There are two options: Deactivate your account
A further rise in job ads bodes well for the Reserve Bank's expectation of above-average employment growth continuing. Ahead of Thursday's official monthly employment figures, a new report showed job ads posted on the internet grew for a 16th consecutive month in trend terms, the longest continuous
The Australian share market closed higher on a day of light trading volumes ahead of a decision on interest rates by the US Federal Reserve. Bell Direct equities analyst Julia Lee said investors were cautious ahead of the US Federal Reserve Open Market Committee meeting, at which interest rates are
Stalled local production and tougher conditions in South America have hit first-half profit at agricultural chemicals supplier Nufarm, but chief executive Greg Hunt says the company will achieve growth in the full year and beyond. Earnings were down 12 per cent to $75 million in the six months to January
James Packer has quit casinos operator Crown Resorts' board in a surprise move as the billionaire takes time out to deal with mental health issues. "Mr Packer is suffering from mental health issues," Mr Packer's Consolidated Press Holdings - Crown's largest shareholder - said in
Nufarm Limited's (ASX:NUF) interim results may seem disappointing, but the share price is growing. Here’s why…
Myer's executive chairman has criticised poor decisions and competition "failures" under ex-chief executive Richard Umbers leadership after the department store slumped to $476.2 million half-year loss. Garry Hounsell, who was appointed chairman five months ago and then executive chairman
New independent senator Steve Martin has thrown his support behind the Turnbull government's company tax cut plan as debate on the legislation got underway in the upper house. Senator Martin issued a statement on Wednesday saying he supports the tax cut. The government needs support from nine of