Business

CBD

Cowin loses $600m of dough at Domino's Pizza

Illustration: John Shakespeare

Jack Cowin's extra large slice of Domino's Pizza got cold pretty quickly after peaking at a value of $1.336 billion in August last year. It has now chomped through $600 million of his wealth since the peak.

The new strategy from Bellamy's Australia boss

Illustration: John Shakespeare

It says plenty about the mess at organic formula vendor, Bellamy's Australia, that almost half the cash raised from its $60.4 million entitlement offer will be used to pay off its partner Fonterra.

So many lawsuits, so little money

Illustration John Shakespeare

Andrew Grech's troubled law firm Slater and Gordon announced on Thursday it is facing yet another lawsuit from disgruntled investors.

The $US600 million happy ending for Ansell boss

Illustration John Shakespeare

Ansell has finally parted ways with its condoms business for the princely sum of $US600 million after the boss, Magnus Nicolin, decided that condoms are not a good fit with the rest of its business.

No 'gun to their heads': Fahour defends his pay

Outgoing Ahmed Fahour is being speculated as Amazon's new Aussie boss.

While his Australia Post underlings faced a grilling in Canberra by the Senate estimates committee, the departing boss, Ahmed Fahour, was fronting a far friendlier business audience in Sydney to defend his pay packet and legacy.

Tinkler banned from managing companies

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The corporate watchdog said the bankrupt former billionaire and two of his associates failed in their duties as directors of companies that included his thoroughbred racing empire and A-League football club, the Newcastle Jets.

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