Australia Breaking News

Rio Tinto has halted all mining operations at its Kennecott site in Utah following the death of a contract employee on Thursday.

The fatal incident occurred at the Bingham Canyon Mine, prompting an immediate suspension of both surface and underground activities to allow for a full investigation.

Qantas has reached an agreement to pay $105 million to settle a class action regarding flight credits issued during the Covid pandemic.

The settlement resolves a legal challenge commenced in August 2023 involving flights scheduled to depart between January 2020 and November 2022 that were cancelled by the carrier.

President Donald Trump and Iran's new supreme leader both struck defiant tones on the 13th day of the war, offering little relief to energy markets despite fresh US efforts to curb oil prices. Bloomberg's Derek Wallbank breaks down the latest developments.

Collins Foods has entered a binding Heads of Agreement to settle a class action regarding 10-minute rest breaks for up to $9 million.

The legal proceedings, which commenced in December 2023, involved claims from employees against the company and several other respondents regarding workplace entitlements.

Califia Farms CEO Dave Ritterbush discusses product innovation, inflation, and what comes next for the company. He talks with Romaine Bostick and Katie Greifeld on "The Close."

1789 Capital Partner Paul Abrahimzadeh discusses the 2026 IPO pipeline showing reasons for optimism despite broader market volatility. He talks with Romaine Bostick and Katie Greifeld on "The Close."

Man Group Chief Market Strategist Kristina Hooper is worried about how high energy costs are impacting consumers. She says oil at $120 or $130 could trigger a recession in the US. She speaks on Bloomberg The Close. Brent crude settled above $100 a barrel Thursday for the first time since August 2022.

Gil Luria, D.A. Davidson technology research head, says Adobe investors will be in limbo until a successor to departing CEO Shantanu Narayen can be found. Speaking on "Bloomberg The Close," Luria also says the next CEO has a tough task ahead.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Binky Chadha, chief US equity and global strategist at Deutsche Bank Securities, discusses the recent market turmoil triggered by geopolitical tensions and rising oil prices on "Bloomberg The Close."

NASA says it's planning to launch the Artemis II Space Launch System rocket as soon as April 1. The massive rocket would take four astronauts around the moon. Lori Glaze, NASA's acting associate administrator of exploration systems development, spoke to reporters on Thursday.

Sunday, the maker of a robot for housework, has raised $165 million Series B at a $1.15 billion valuation. CEO Tony Zhao discusses the company's plans to begin beta testing its robots in homes later this year. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."