Amazon Abandons Dozens Of Warehouses As It Scales Back
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September 5, 2022
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Amazon is downsizing its bloated delivery operation in the wake of COVID-driven growth, abandoning dozens of existing and planned warehouses. Consulting firm... Read More
ACCC Targets Price-Fixing In Container Shipping
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September 1, 2022
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The ACCC is investigating competition in the container shipping industry, following the hike in freight rates caused by major disruptions over the... Read More
COVID Honeymoon Over For Harvey Norman, As Profits Fall
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August 31, 2022
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The COVID honeymoon appears to be over for Harvey Norman, as poor franchise performances impact the retail giant’s bottom line. The company’s... Read More
Coles Posts $1B Profit, CEO Claims High Prices Don’t Reach Bottom Line
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August 24, 2022
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Coles has posted a rise in net profits and group sales for the 2022 financial year, although CEO Steven Cain said the... Read More
Zoom Revenue Suffers From Return-To-Office Blues
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August 23, 2022
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Zoom’s attempts to pivot from a pandemic tool to an everyday working essential have hit some major stumbling blocks. Zoom’s shares slid... Read More
Westfield Owners Post Strong Profits As Mall Traffic Returns
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August 23, 2022
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Shoppers are returning to Westfield shopping malls in droves, as owner Scentre Group posts an operating profit of over half a billion... Read More
Apple Employees Fight Return-To-Office Edict
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August 23, 2022
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Apple employees are pushing against CEO Tim Cook’s call for them to return to the office next month, arguing they have proven... Read More
COVIDSafe App Officially Scrapped
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August 10, 2022
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The $9 million COVIDSafe app has officially been decommissioned, after proving next to useless in identifying potential cases. Former PM Scott Morrison... Read More
Australian Consumer Confidence Falls To GFC Levels: Westpac
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August 9, 2022
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Australian consumer sentiment has fallen to a level on par with the lows of the COVID-19 pandemic and the Global Financial Crisis,... Read More
Nintendo Live Gaming Event Makes Return ‘Post COVID’
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July 25, 2022
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For the first time in three years, Nintendo has announced that it will be once again hosting its live video game event.... Read More