Investing

Get ready for a Melbourne Cup-day rate rise was the consensus opinion from an economics panel at the Forbes Business summit in Sydney. 

John Paul DeJoria went from living out of a car to becoming a shampoo and tequila billionaire. Some forty years after he struck it rich, he shares investing wisdom he’s gained along the way.

Make Ron Shaich angry and he might build a business to compete against you, or a political party to defeat you. He speaks with Forbes about lessons in business and life.

The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday.

WeWork, a company once valued at $47 billion, now sells for around $1.12 per share at a market capitalization of $59 million.

Tim Gurner admits he deserved the intense backlash he received after suggesting Australia’s unemployment rate should increase 40 – 50%.

A new employee stock plan revealed the company is worth $19 billion, 55% less than the $44 billion Musk paid for it last year.

Subscriptions will be available for any user over 18, while Meta explores providing younger users with a “useful and responsible ad experience.”

Sundar Pichai—testifying during Google’s antitrust trial—said deals with Apple and others were meant to make the user experience “seamless and easy.”

The theme of Indigenous business month for 2023 is ‘To gather, together’ which serves as a powerful reminder that we work best when we unite and collaborate.