Business

Get ready for a Melbourne Cup-day rate rise was the consensus opinion from an economics panel at the Forbes Business summit in Sydney. 

John Paul DeJoria went from living out of a car to becoming a shampoo and tequila billionaire. Some forty years after he struck it rich, he shares investing wisdom he’s gained along the way.

White-collar defendants often get far less than the maximum sentence—but legal experts told Forbes they expect Sam Bankman-Fried to face decades in prison.

Make Ron Shaich angry and he might build a business to compete against you, or a political party to defeat you. He speaks with Forbes about lessons in business and life.

The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday.

WeWork, a company once valued at $47 billion, now sells for around $1.12 per share at a market capitalization of $59 million.

Tim Gurner admits he deserved the intense backlash he received after suggesting Australia’s unemployment rate should increase 40 – 50%.

Red Bull co-founder Dietrich Mateschitz passed away last year after a long-term bout with cancer.

These multinational corporations offer flexible work schedules, generous parental leave benefits, career advancement opportunities and more.

A new employee stock plan revealed the company is worth $19 billion, 55% less than the $44 billion Musk paid for it last year.