No wagyu for you: ASIC loses landmark case against Westpac

The corporate watchdog has lost a landmark case against Westpac Banking Corporation over the bank's alleged breaches of responsible lending laws after a judge found borrowers could ditch luxury food items like wagyu steak and shiraz for more humble fare. The Federal Court on Tuesday dismissed the Australian Securities and Investments Commission's case against the bank after finding the regulator […]

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Would you still vote for Trump if he was an admitted racist? One Republican Senate candidate answers: Maybe

CNN host Chris Cuomo, in a tense interview Tuesday night, asked Republican Senate candidate Kris Kobach whether he would still support President Trump even if Trump came forward and fully admitted to being a racist. Kobach, who is running for Senate in Kansas, ended the back-and-forth on that question with this answer: Cuomo had been questioning Kobach over the Trump […]

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Negative review? Now you can just delete it

Small businesses are at the mercy of negative customer reviews. A few words can have a devastating impact on your online reputation, future sales and even your recruitment efforts. One survey suggests a third (33 per cent) of business owners have seen competitors leave fake news or negative reviews about their business or service online. Nick Bell and Andrew Whitford, […]

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‘I curse you all!’ Defendant slashes his throat – then refuses to return to court

In this June 19, 2018 file photo, Aubrey Trail, left, looks on during a hearing in Saline County Court, in Wilbur, Neb. (Photo: Eric Gregory/Lincoln Journal Star via AP File) WILBER, Neb. – A Nebraska murder trial has resumed without the presence of the defendant who slashed his neck in the courtroom. Judge Vicky Johnson noted 52-year-old Aubrey Trail’s absence to […]

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‘If you want the top job you’ve got to turn up for the interview’: Hunt challenges Johnson to more TV debates

Jeremy Hunt has challenged Boris Johnson to get involved in more televised debates – and sooner, saying “if you want the top job you’ve got to turn up for the interview”. The Tory leadership hopeful said it would make a “mockery” of the contest if the two contenders did not appear in a debate before voting begins next month. Some […]

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A Question of Moat: Should You Participate in Slack Technologies' Public Offering?

Slack Technologies, a provider of workplace collaboration software, is slated to go public on June 20 in a high-profile direct public offering of shares. The first — and most important — question any business-focused investor ought to be asking is, Does Slack have an "economic moat," that is, a sustainable competitive advantage? The vast majority of companies don't, and reviewing […]

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