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'Sorry, not sorry': United Airlines fallout shows why businesses need to apologise

15 April 2017 | The Age

When cartoonists, satirists, comedians and politicians around the world wade in on a corporate blunder, it's time to raise the white flag.

And so it was for United Airlines which found itself embroiled in a global maelstrom after a video went viral showing a paying customer – a doctor – being brutally dragged off a plane, bloodied and concussed, because the airline had overbooked.


Uber hails $6.5 billion in revenue in 2016, still makes large loss

15 April 2017 | AFR

Ride-hailing service Uber generated $US6.5 billion ($8.5 billion) in revenue last year and its gross bookings doubled to $US20 billion, the company said on Friday.

Its adjusted net loss was $US2.8 billion, excluding the operation in China it sold last year, Uber said.




The single tweet that revealed Trump's foreign policy

13 April 2017 | The Age

As a general rule, it's probably wise to ignore what Donald Trump tweets. The more he's firing off missives about Snoop Dogg or The Celebrity Apprentice, the more likely it is he's doing something actually significant offline. Like, say, trying to abolish the Education Department or gut the Environmental Protection Agency. But I couldn't help break that rule this week when he indicated he'd be prepared to attack North Korea. Maybe. I mean, who really knows? Anyway, here's the tweet: "North Korea is looking for trouble. If China decides to help, that would be great. If not, we will solve the problem without them! USA"


Kikki.k exposed to higher labour costs after revelation it pays no penalty rates

13 April 2017 | AFR

Retailer Kikki.k, which has faced criticism as the first employer to factor in cuts to Sunday and public holiday rates in its new workplace deal, never paid staff penalty rates in the first place, it can be revealed.


Melania Trump and Daily Mail Settle Her Libel Suits

12 April 2017 | New York Times

LONDON — The Daily Mail apologized to Melania Trump on Wednesday and agreed to pay damages to settle two lawsuits she had filed over an article last year asserting that the professional modeling agency she worked for in the 1990s had also been an escort service.


Financial planner accountants have one last chance to redeem reputation

12 April 2017 | ABC

Five years ago the accounting profession was presented with an opportunity to show the world it was a cut above the rest on ethics and the wellbeing of its customers.

It blew it.

What we learnt was that when it came to the temptation of easy money, accountants were no different to anyone else.

Let me explain.


Malcolm Turnbull shuts down MP debate on super for housing deposits

12 April 2017 | The Age

Prime Minister Malcolm Turnbull has moved to shut down the unruly public debate over letting first-home buyers raid their superannuation, saying the issue had gone "round and round" and referring to his earlier criticism of the plan as a "thoroughly bad idea". 




Get ready for the next financial crisis

12 April 2017 | AFR

Ever since the dust settled on the global financial crisis there's been no shortage of experts trying to predict when the next big crisis will happen and what will cause it.

To date there hasn't been one but maybe it's not too far away.

 


Donald Trump says 'going to go it alone' if China won't help on N. Korea nukes

12 April 2017 | AFR

US President Donald Trump says the US is prepared to tackle the crisis surrounding North Korea without China if necessary.

The president made the comments on Wednesday (Thursday AEDT) at a joint news conference with visiting NATO Secretary General Jens Stoltenberg. Trump met Chinese President Xi Jinping last week and spoke to him by phone on Wednesday night.





One-third of Australians are being underpaid superannuation

11 April 2017 | Guardian Australia

One-third of eligible workers in Australia are being underpaid superannuation by their employers, or not being paid super at all.

The average underpayment is worth $2,025 a person each year, and more than 2.7 million workers are affected.


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