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The chief of market darling Nikola stands down amid 'intricate fraud' claims

The chief of market darling Nikola stands down amid 'intricate fraud' claims

Less than two weeks after signing a $US2 billion deal with GM, the founder of electric truck startup Nikola stepped down amid a claim that he had repeatedly lied about the company's technology.

  • by Jack Ewing and Neal E. Boudette

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HSBC in the firing line as US-China spat escalates
Opinion
Global economy

HSBC in the firing line as US-China spat escalates

Europe's biggest bank faces a situation that the market has priced as worse for HSBC than a potential collapse of the global financial system.

  • by Christopher Williams
'Never been here before': Harvey Norman profits up 185 per cent as retailer captures more COVID spending
Retail

'Never been here before': Harvey Norman profits up 185 per cent as retailer captures more COVID spending

Harvey Norman founder Gerry Harvey is feeling increasingly optimistic Australia's retail environment will recover in time for the key Christmas trading period.

  • by Dominic Powell
TikTok affair exposes ugly intersection between US politics and capitalism
Opinion
Trade wars

TikTok affair exposes ugly intersection between US politics and capitalism

The outcome of Donald Trump's planned ban on Chinese social media apps has shown how America's increasingly torrid domestic politics is distorting its decision-making.

  • by Stephen Bartholomeusz
Private health operators flag 'important role' in COVID recovery
Coronavirus pandemic

Private health operators flag 'important role' in COVID recovery

Private health insurers and operators say they'll have an elevated role to play as the nation faces post-COVID hospital wait times.

  • by Emma Koehn
The man who put Pepsi on the map dies at 99
Vale

The man who put Pepsi on the map dies at 99

Donald Kendall famously served Pepsi to Soviet leader Nikita Khrushchev in Moscow and was the driving force in making the beverage a threat to Coca-Cola.

  • by Laurence Arnold
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‘Of course he is polarising’: The relentless rise of Hamish ‘the Hammer’ McLennan
Media & marketing

‘Of course he is polarising’: The relentless rise of Hamish ‘the Hammer’ McLennan

Hamish McLennan was Australia's advertising golden boy and rose quickly to the top of the Australian media industry. But his biggest challenge still lies in front of him.

  • by Zoe Samios
Air New Zealand boss says no trans-Tasman flights until March
Exclusive
Aviation

Air New Zealand boss says no trans-Tasman flights until March

'I never got to experience Air New Zealand in anything but a crisis,' says Foran in his first major interview with an Australian publication.

  • by Patrick Hatch
Trump says deal between Oracle and TikTok has his ‘blessing’
Web culture

Trump says deal between Oracle and TikTok has his ‘blessing’

US President Donald Trump has given his "blessing" to an investment by software maker Oracle in Chinese-owned social media app TikTok.

  • by Ana Swanson and David McCabe
Getswift says 'tremendous' US opportunity the reason for ASX exit
Sharemarket

Getswift says 'tremendous' US opportunity the reason for ASX exit

Getswift has defended its decision to leave the ASX and re-list in North America amid its legal battle with the corporate regulator.

  • by Colin Kruger
Link drawn into icare drama as new CEO takes reins
Opinion
icare investigation

Link drawn into icare drama as new CEO takes reins

A whistleblower claims former icare chief executive and new Link CEO Vivek Bhatia belittled and intimidated him when he raised compliance concerns.

  • by Adele Ferguson