Johnson & Johnson was ordered by a Los Angeles jury to pay $US417 million ($525 million) to a 62-year-old woman who blamed her ovarian cancer on the company's talc, in the first California trial over the product.
The paucity of independent monitoring of waste water from coal mines in NSW is leaving communities exposed to decades of pollution, long after mining operations have ceased, Ian Wright, a leading water ecologist, said.
Taxpayers are set to gain billions of dollars in revenue over the coming decade after multinational oil giant Chevron abandoned an appeal against the federal government over the way it structures its tax.
Australia's biggest wine company Treasury Wine Estates will boost shareholder returns and undertake a $300 million share buyback, as it rewards staff with a one-off bonus payment to recognise their contribution.
Telstra shares dropped to their lowest price in five years on Thursday after the company announced a "material" reduction in its long-term dividend policy - a move that will affect about 1 million investors.