Australian casino group Star faces cash crunch as shares tumble 28%

Money laundering penalties and cost of living crisis take toll on gambling operations

Topics

A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy

Bond yields have surged since the Fed began cutting interest rates.
Inc. - 3h
Bitcoin Is Luring More Companies and Their Cash

It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.
The New York Times - 1d
Here are the top risks the world faces in 2025, according to Eurasia Group

The Eurasia Group, a geopolitical risk and consulting firm, named a lack of international leadership as the world's biggest risk for 2025.
CBS News - 2d
Investment banks prepare for crunch year in 2025

Boutiques counting on M&A rebound to support elevated valuations and star hires
Financial Times - 3d
Seahawks' Smith cashes in on $6M bonus in win

While Geno Smith said he cared most about the win in Sunday's finale, he also hit three contract escalators in the game worth $6 million.
ESPN - 3d
Macau 2024 casino revenues top official estimate but below pre-pandemic levels

Yahoo News - Jan. 1
Russian and Iranian groups face sanctions over election disinformation

The U.S. has imposed sanctions on two groups linked to Russian and Iranian disinformation campaigns targeting this year's election.
CBS News - Dec. 31

Joe Biden hails Jimmy Carter’s character in eulogy at memorial service celebrating former president’s long life – latest updates

President speaks as thousands gather for former president’s funeral service at Washington national cathedral before he is laid to rest in Georgia. Members of the military have carried Jimmy ...
The Guardian - 13m
California fires live updates: death toll likely to rise, says LA county sheriff, as blazes caused by ‘perfect storm’ rage on

Nearly 180,000 people under evacuation orders across LA county as emergency crews battle on against flames; Pacific Palisades fire described as ‘apocalyptic’. Full report: wildfires continue to ...
The Guardian - 15m
5.8-magnitude earthquake shakes El Salvador; no initial reports of damage

A strong earthquake drove frightened residents of El Salvador’s capital into the streets, but there was no immediate report of damage or deaths
ABC News - 27m
Elon Musk says all human data for AI training ‘exhausted’

Tech boss suggests move to self-learning synthetic data though some warn this could cause ‘model collapse’. Business live – latest updates Artificial intelligence companies have run out of ...
The Guardian - 43m
Mozambique tense as opposition leader returns from exile

Yahoo News - 45m