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🗞️ Long live the king
Beluga whale Hvaldimir, an alleged Russian spy, found dead.
Pick & Scroll News
September 11, 2024
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Good morning. Legendary actor James Earl Jones, best known as the voice of Darth Vader in Star Wars and Mufasa in Lion King, passed away aged 93 yesterday.
Jones, who famously battled a severe lisp growing up, is one of only 27 people to have received an EGOT (Emmy, Grammy, Oscar and Tony).
If you want some nostalgia (or an early tear), watch Jones voice the famous Mufasa here.
All the headlines and more below...
AUSTRALIAN NEWS
Australia plans social media minimum age limit
Australia plans to impose age limits on social media access for children under 14, requiring parental consent for teenagers. LINK
Thousands of nurses and midwives across NSW went on strike demanding a 15% pay rise over one year. LINK
Australia's potato standards which prioritise appearance are contributing to food waste and higher prices. LINK
NDIS funding cuts are forcing children with level 3 autism out of specialised programs. LINK
Australian insolvencies have surged at the start of FY25, led by the construction sector, though the growth rate in construction insolvencies has slowed. LINK
APRA is proposing to phase out certain hybrid securities issued by Australian banks by 2027. LINK
Australian business conditions hit their lowest point in 2.5 years in August, with job outlooks worsening. LINK
GLOBAL NEWS
Teenager brains aged rapidly during pandemic
Teenager brains aged faster than expected during the pandemic, particularly in girls, due to the stress of social isolation. LINK
Losses from cryptocurrency scams grew by 45% in 2023, totalling over $5.6B. LINK
Argentina's inflation in August is expected to hit a 31-month low of 3.9%, driven by rising transportation and service costs. LINK
Global hiring intentions for Q4 2024 are expected to remain steady, with over 40% of employers surveyed planning to increase hiring. LINK
Global private equity is facing a $6T squeeze as frustrated investors deal with a lack of asset sales and new deals, despite firms holding large reserves of capital. LINK
COMPANY NEWS
Apple cuts the price of new iPhones
Apple has cut the price of its iPhone 16 models while freezing prices for other products like the Apple Watch Series 10. LINK
Wise has been granted an Australian financial services licence, allowing the international payments app to expand its offerings. LINK
Qantas is expanding its international routes, with plans to reintroduce A380s and launch new flights on routes previously serviced by Virgin and Air Vanuatu. LINK
CBA and Macquarie shares hit record highs as investors shift towards bank stocks, driven by a collapse in commodity prices due to China's property crisis. LINK
Hewlett Packard announced a $1.35B convertible stock offering to fund its acquisition of Juniper Networks, aimed at enhancing its AI capabilities. LINK
Huawei has unveiled the world's first tri-foldable smartphone, the Mate XT just hours after Apple's newly launched iPhone. LINK
A class-action lawsuit claims Trojan condoms contain harmful "forever chemicals" linked to cancer. LINK
Oracle reported better-than-expected quarterly earnings, driven by growing demand for its cloud services, particularly in AI applications. LINK
Mineral Resources is investigating 2 rollovers involving jumbo iron ore road trains at its Onslow Iron operations. LINK
Nomura expects revenue from its trading division to grow by up to 30% over the next 3 years, driven by a surge in government bond and equity trading. LINK
Google is facing another antitrust trial in the US accusing the company of using its size to dominate the online advertising market and using secret technologies to rig the market. LINK
THE ODD PICK
Hvaldimir, beloved beluga whale and alleged Russian spy, found dead
CHART OF THE DAY
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TRIVIA
How much taller?
It's September 11 today, marking 23 years since the 9/11 attacks. The twin towers were two of the tallest buildings in America at 542 metres.
Can you put the below buildings in order of height?
Empire State Building
The Shard
Eiffel Tower
Burj Khalifa
Q1 (Australia's tallest building)
Answers below
OUR SOCIALS
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ANSWERS
1. Burj Khalifa (Dubai) - 829.8 metres
2. Empire State Building (New York) - 443.2 metres
3. Eiffel Tower (Paris) - 330 metres
4. Q1 (Australia's tallest building on the Gold Coast) - 322.5 metres
5. The Shard (London) - 310 metres
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