Business & Markets
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Government Spent £800 Million on Net Zero Home Refits
A former chief scientific adviser has estimated that costs could reach between £3 and £4 trillion to move to a zero-carbon economy.
Budget 2024: Opposition Promises to Cut Migrant Intake by 25 Percent for Two Years
Opposition Leader Peter Dutton played to the Coalition’s strengths in his reply to Tuesday’s Budget, emphasising issues such as crime and immigration.
Australian Parliament Passes National Digital ID Law
Eighty-seven members voted for, and 56 against the Digital ID Bill 2024.
Former LA Dodgers Owner Frank McCourt Joins Growing List of Potential TikTok Buyers
If successful, Mr. McCourt aims to migrate the platform to a new ‘digital open-source protocol.’
Climate Council Expects Cleaner Cars, Affordable Petrol Bills Under New Standards
Earlier, Tesla and Polestar withdrew from the Federal Chamber of Automotive Industries as the lobby group said the NVES will drive up car prices.
Budget 2024: $84.5 Million Pledged for Car Emissions Cop
The regulator will establish a credit-trading platform that automakers could use to avoid financial penalties.
Walmart to Slash Hundreds of Coporate Jobs, Ask Employees to Relocate
Most of the company’s remote workers are being asked to return to the office.
‘Depressing’: Economist on Why Australians Should Not Expect the Housing Situation to Change
A senior economist says the 2024 budget will do little, if anything, to address housing issues in Australia.
American Eagle Outfitters Latest to Leave San Francisco Mall
The retailer will close its store at San Francisco Centre, which has been plagued by crime and safety issues.
Rivian to Lay Off More California Workers as EV Market Stalls
The electric-truck maker will let go 92 employees in Orange County, mostly at its Irvine headquarters. The move comes on top of February layoffs.
