-
Daughter gave up career, worked unpaid for years and was told the family waterfront home would be hers, court hears. After her father’s death, she ended up in a bitter inheritance battle
A Sydney woman who gave up her teaching career, scaled back her gymnastics business and worked unpaid in her family’s newsagency to care for her terminally ill parents has lost a court battle over the multi-million-dollar Gymea Bay waterfront property she believed had been promised to her. Jessie Sellar, 39, sought a 50 per cent…
-
Fusion power startups find new partners in the defense world
Fusion power startups, which have traditionally relied on climate tech investment to fund their pursuit of grid electricity, are increasingly forging partnerships with the defence industry as venture funding for climate technology has slowed. This marks a return to the sector’s origins, as fusion research began decades ago with physicists seeking peaceful applications of thermonuclear…
-
Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK
Central banks in the US, UK and Japan are all facing pressure to raise interest rates this week as inflation surges, driven partly by an intensifying US-Iran conflict pushing oil prices above $100 a barrel. The decisions matter because they will test whether Kevin Warsh, Donald Trump’s handpicked new Federal Reserve chair, can resist presidential…
-
Your car is selling your data
Cars have become a major source of personal data collection, with automakers gathering information such as driving speed, night-time driving habits and location and often selling it to data brokers without customers realising. This came to light most prominently with General Motors, which was hit with an unprecedented five-year ban by the US Federal Trade…
-
Why is the Trump administration calling bike lanes ‘DEI’? | Dave Schilling
In this satirical opinion piece for the Guardian, writer Dave Schilling mocks the Trump administration’s move to label bike lanes as “DEI” (diversity, equity and inclusion) initiatives, arguing the accusation makes little logical sense given how ordinary and unglamorous cycling actually is. Using his own inability to ride a bike as a comic framing device,…
-
‘Trump accounts’ promise to mint child millionaires. Experts have their doubts
Donald Trump has been heavily promoting “Trump accounts”, a federal scheme launched in July that gives newborns a $1,000 government-funded investment deposit, casting it as a way to give American children a financial head start. Economists say his claims about the programme’s benefits are overstated and warn it may actually widen, rather than narrow, the…
-
Many professionals take continuing education. Let’s add etiquette classes | Gene Marks
In this opinion piece, accountant and columnist Gene Marks argues that professional continuing education requirements, which he must fulfil as a certified public accountant, should be expanded to include formal etiquette training alongside the usual technical and ethics courses. He was prompted by a report on a venture capital firm running an “etiquette finishing school”…
-
AI will transform capitalism – but how?
This Guardian opinion piece argues that artificial intelligence is poised to reshape capitalism itself, not just individual jobs, and frames the current US-China AI rivalry as a contest between two competing but equally hierarchical models of “info-capitalism.” The author traces the idea of self-directed machines liberating society from labour and hierarchy back to Aristotle and…
-
George Osborne calls for UK to rejoin EU customs union and boost trade
George Osborne, the former Conservative chancellor, has said the UK economy has “fallen off a cliff” since Brexit and urged the country to rejoin the EU’s customs union as the quickest way to boost growth. Speaking a decade after the 2016 referendum he campaigned against, Osborne argued that leaving the customs union caused significant damage…
-
Chimney sweeps turf war turns dirty as firm sets up website mocking rival as ‘backstabber of the year’
Rival chimney sweep firms in Greater Manchester became embroiled in a dispute after Mr Soot founder David Sudworth accused competitor Sparkling Flues of setting up websites branding him the “backstabber of the year.” The row erupted after Sudworth expanded his Wigan-based business into Manchester, an area already served by Sparkling Flues, which is owned by…