Trump wins on border security with emergency declaration and funding by Congress

Sen. John Kennedy on whether President Trump has the legal right to declare a national emergency over the border Legal battles brewing over President Trump bid to secure border funding. President Trump won a strategic victory Friday when he signed legislation to avoid another government shutdown and provide a down payment on border security funding – and then declared a […]

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ATO wins battle to force electricity company to pay tax

Electricity poles and wires company Spark Infrastructure has taken a $270 million bath, writing down its South Australian electricity distribution assets and cutting dividends after a court decision that will force it to pay more tax. Spark has lost its tax battle with the Australian Tax Office over its subsidiaries, setting a potential precedent for similar industry-wide asset write-downs. Spark […]

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Tesla Stock Wins Another Buy Rating

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope… In late-breaking news, two Wall Street analysts initiated coverage on Tesla (NASDAQ: TSLA) stock last night. Only one of […]

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Jennifer Duke wins the long Shares Race after leading all year

In a challenging year for Australian sharemarket investors, business reporter Jennifer Duke wins the year-long race with her original $100,000 portfolio growing to $111,821, including dividends. Her best pick and the best-forming pick of all is Nearmap, the geospatial map technology company, with Duke’s original $10,000 worth $21,020. Her two best supporting picks are both telcos – TPG Telecom and Vocus – […]

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Charlotte Prodger wins Turner art prize for smartphone video

British artist Charlotte Prodger has won the prestigious Turner Prize for art with a video shot on an iPhone. Prodger was announced Tuesday as winner of the 25,000 pound ($32,000) prize, which often sparks debate about the value of modern art. Continue Reading Below The 44-year-old artist was nominated for two videos, including a meditation on identity and the Scottish […]

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Republican Rick Scott wins Florida US Senate seat after manual recount

Florida’s constitution was violated: Rep. Gaetz Rep. Matt Gaetz (R-Fla.) on the vote counting controversy in Florida. Nov 18 (Reuters) – Florida's outgoing governor, Republican Rick Scott, was declared the winner of the state's hard-fought U.S. Senate race on Sunday, following a recount of ballots in the tight contest against three-term Democratic incumbent Bill Nelson. Continue Reading Below In the recount […]

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May wins Cabinet backing for Brexit deal but pitfalls remain

Britain’s Prime Minister Theresa May delivers a speech outside 10 Downing Street in London, Wednesday, Nov. 14, 2018. British Prime Minister Theresa May says Cabinet agrees draft Brexit deal with European Union after ‘impassioned’ debate. (AP Photo/Matt Dunham) In a hard-won victory, British Prime Minister Theresa May on Wednesday persuaded her Cabinet to back a draft divorce agreement with the […]

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