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High Court Rules Uber Owes $81 Million In NSW Payroll Tax

Australia's High Court has ruled that Uber must pay about $81 million in NSW payroll tax, finding that fares paid to drivers count as wages under relevant contracts.

Mystery Oz Lotto Player Wins Entire $60 Million Jackpot as Officials Search for Ticket Holder in Blacktown
Business Council Warns Labor's Budget Savings Package Will Stifle Australian Investment
Australia Urged To Follow France And Introduce Fast-Fashion Tax For Temu And Shein

Zebra Technologies Stock Drops 10% As Memory Costs Squeeze Margins And Outlook Disappoints Despite Beat
Zebra Technologies shares dropped 10% after the company reported stronger-than-expected third-quarter results, while shrinking margins, rising memory costs and cautious fourth-quarter guidance weighed on investors.
Business Council Warns Labor's Budget Savings Package Will Stifle Australian Investment
The Business Council of Australia says proposed budget savings measures could increase corporate tax and compliance costs, discouraging private investment while complicating efforts to lift productivity and repair the budget.
GameStop Stock Edges Higher As StoneX Starts Coverage With Buy Rating And $33 Target On Cohen's Turnaround
GameStop shares edged higher after StoneX initiated coverage with a buy rating and US$33 price target, while investors continued to assess the company's eBay bid and turnaround strategy.
Amazon Stock Rebounds Nearly 3% After Post-Earnings Selloff As Investors Weigh AWS Surge Against AI Spending
Amazon shares rose nearly 3% after last week's post-earnings sell-off, as investors balanced rapid AWS growth against massive AI-related spending and weaker free cash flow.

Spectrum Down? Reports Spike In Bakersfield As Customers Nationwide Flag Internet, TV And Wi-Fi Problems

Spectrum customers in Bakersfield and several other states reported internet and television disruptions Tuesday, while outage trackers cautioned that user submissions do not measure the total impact.

Apple Says It's 'Hard To Predict' When IPhone Duo Shortages Will Ease As Delivery Dates Slip Into 2027

Apple says it cannot predict when supply of its $1,999 iPhone Duo will meet demand after the foldable phone sold out within hours and delivery estimates moved to late January 2027.

Economy in Focus

Tripadvisor Stock Jumps 4% After Closing $700 Million Sale Of TheFork To American Express Ahead Of Earnings
Tripadvisor shares rose about 4% after the company completed its $700 million sale of TheFork to American Express, with quarterly results due later in the week.
Hyatt Shares Rise Nearly 3% As Travel Stocks Rally, Building On Strong Third Quarter With 7.2% RevPAR Growth
Tesla Stock Jumps 2% Back Above $400 As Tech Rebounds, With Cybercab Rollout And Election Day In Focus

More News

IHG Shares Climb Nearly 3% Toward 52-Week High As Hotel Stocks Rally On Falling Oil And Accelerating RevPAR
InterContinental Hotels Group shares rose nearly 3% as hotel and travel stocks rallied on lower oil prices, with investors also watching stronger RevPAR growth and development activity.
Nvidia Stock Bounces 2% As Chip Rebound Follows Brutal Friday Rout, Even As Melius Slashes Price Target
Nvidia shares rose nearly 2% after a steep chip-sector sell-off, but concerns over Big Tech's AI spending and a lower analyst price target kept pressure on the stock.

Raspberry Pi 5 16GB Price Jumps $80 To $385, More Than Triple Its Launch Cost, As AI Memory Crunch Deepens

Raspberry Pi has raised the price of its 16GB Raspberry Pi 5 to $385, citing shortages of high-density memory chips linked to surging AI demand.

World

(VIDEO) Bahamas-Bound Learjet Plunges Into Florida Road In Fiery Crash, Killing 9 After Pilot's 'Mayday' Call

A Learjet 60 flying from Texas to the Bahamas crashed near Greenacres, Florida, killing all nine aboard and prompting an investigation into weather, aircraft systems and pilot actions.