Posts tagged "adam schwab"

Twitter has accepted Elon Musk's $54.20 per share takeover bid. Why? "Because no one else who’s not an egotistical billionaire was going to pay anything like that for the business," writes Adam Schwab.

"In Australia, a supposedly conservative government created JobKeeper to ostensibly help low paid workers — in reality it was a direct transfer of wealth to business owners," writes Adam Schwab.

E-commerce operator Shein raised US$1 billion at a staggering US$100 billion valuation this week, which is astonishing for a fast fashion online business based out of China.

Peloton’s recent execution has certainly not been flawless, however the underlying business remains incredibly popular.

Crashes tend to play out slowly because speculators suffer from a terrible dose of cognitive bias. It takes a while for reality to sink in.

Last August, Afterpay's founders announced the sale of their global buy now, pay later business for $39 billion. But the company is now worth about $22 billion, almost half its original price.

The shock dismissal of James Hardie boss Jack Truong is the latest in a series of previously unthinkable public terminations of CEOs over their behaviour.

Buckle up for the 16th consecutive awards, which pay tribute to the business world’s scoundrels, fools and even the occasional superstar.

While the late John Elliott has been remembered as a larger-than-life business titan, Adam Schwab says his empire was studded with mishaps and misdeeds.

Being an entrepreneur can be isolating. Take notes from how these business owners manage their mental health and apply what works for you.

Delta’s fast incubation period and high transmissibility has killed the dream of COVID-zero and herd immunity, but the larger battle of when Australia will start ‘living with COVID’ continues to rage.

The attitude of almost every Australian politician in maintaining a devotion to COVID-zero is a classic example of a failure to understand the principle of sunk costs.