Business PM - Crown, Echo cleared

Tuesday November 19, 2013
Afternoon Edition 
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Crown, Echo cleared
Colin Kruger 4:21PM | The competition watchdog has dropped its investigation into allegations of cartel behaviour between James Packer' Crown and rival Echo.

Icahn warning spooks investors
Sally Rose 5:26PM | The sharemarket has closed for a second straight day, with banks leading the losses as investors fretted about a late sell-off on Wall Street.

Macquarie ups mortgage commissions
Clancy Yeates 5:04PM | Macquarie is ramping up its aggressive push into home lending, joining the rush of banks to increase commissions paid to mortgage brokers.

Business News Wire

4:22PM Activist aims for BHP's board
3:55PM Government raises $365m from Air NZ sale
3:43PM Flood risks worst in Sydney, warns insurer
3:10PM Qantas steps up campaign against Virgin
3:03PM iiNet boss says he needs a break
Comment & Analysis
Qantas chief Alan Joyce can't say that the relentless airline price and capacity war in which it has engaged with Virgin will push the airline into a loss in the 2014 year, but nor can he say that it won't.
Elizabeth Knight
Watch out William Shakespeare, Mark McIvor is here to seize the poetical crown.
Carolyn Cummins
As more and more young people face being locked out of the housing market by soaring prices, it's time to acknowledge the obvious.!
Clancy Yeates
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Markets
Around the Markets at 5:33PM EST, 19 Nov 2013
Dow Jones 15976.02 + 14.32 + 0.09%
Nasdaq 3949.066 + 0.00 + 0.00%
Hang Seng 23677.77 + 17.71 + 0.07%
NZ 50 4862.508 – 29.53 – 0.60%
CAC 4320.68 + 0.00 + 0.00%

End of day figures for Dow Jones and Nasdaq
All others figures are intraday (20 min delay)

Quotes & Charts
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World Business

Small Business

Money

Business Videos
China's new leadership promises opening up of economy, and what's good for China's economy is great for ours. Michael Pascoe comments.

Blogs

Commonwealth Bank's submission to a Senate inquiry makes for interesting reading.
Adele Ferguson at

Executive Style

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