Spotlight set to buy Harris Scarfe | Lindt growing... for now | WeWork investor SoftBank trying to avoid disasters

03/04/20 • 5 min

Spotlight, the company known for selling everything from quilts to string, is likely to buy failed Aussie department store Harris Scarfe.
Lindt, the Swiss chocolate maker, has increased profits by over 5% despite its competitors experiencing sluggish growth lately.
Following the failed IPO of WeWork last year, the world’s largest investor in tech startups, SoftBank, has held a special event to help the companies it has invested in prepare for a successful IPO.
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See omnystudio.com/listener for privacy information.

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RBA cuts rates (to boost toilet paper spending) | Apple throttling iPhones | Twitter CEO to go?

The Reserve Bank of Australia has cut interest rates to a new low of 0.5% to deal with the impact of the coronavirus on the Australian economy.
Apple will pay up to $500 million to settle a lawsuit because it slowed down iPhones to entice customers to buy new, better performing iPhones.
An investment company has bought 5% of Twitter and wants use its new ownership to replace its founder and CEO Jack Dorsey.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.

See omnystudio.com/listener for privacy information.

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Myer ditched by women | Flight Centre v Fyre Festival | Google's Waymo and its $2.2b raise

Myer has had a 36% drop in profit, following a significant reduction in sales in its key womenswear product range.
Flight Centre has settled a legal challenge from the liquidator of the notorious Fyre Festival.
Waymo, Google’s self-driving car division, has just announced a huge $2.25 billion fundraise this week.
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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.

See omnystudio.com/listener for privacy information.