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outperformed general market, rising 14% year-to-date. Its shares demonstrated strength despite the soft fourth-quarter report, which came in below analysts' expectations and brought $1.7 billion of non-cash goodwill impairment tied to legacy smelting
More than 150 new manufacturing jobs will be created in Geelong as part of a government investment fund designed to soften the blow of recent employment losses and transform the region. Premier Denis Napthine announced on Tuesday that Carbon
Netflix reaches deal with Comcast Netflix has reached a deal with Comcast to ensure that its TV shows and movies are streamed smoothly to households, the first deal the online video streaming service has reached with an Internet service provider.
Investigators have arrested and preliminarily charged three individuals in the murder of Joseph Nelson whose body was found in coal handling equipment at Alcoa's Warrick Generating Station on February 17, 2014. The weeklong investigation which
The company hired to clean up and renovate Veterans Field which then brought new contaminants onto the site has been fired, and borough officials say they're going after its insurance company to pay for removing the latest toxins. Waterside [
Australian Prime Minister Tony Abbott meets with Victorian Premier Denis Napthine to discuss Victoria's industrial job losses. Photo: Joe Armao The Victorian economy has been dealt yet another blow with Telstra slashing more than 300 jobs in
Tattoo of a dragon on the left calf of the an unidentified man found at the Alcoa plant in Warrick County Monday morning. The Warrick County Sheriff's Office says they are now conducting a homicide investigation into the death of 35-year-old Joseph
Judging by the headlines, manufacturing in the local area is dying a dramatic and sudden death, with the looming demise of the local car industry, and now almost 1000 job losses at Alcoa...Alcoa's troubles have been a long time in the making, with
Prime Minister Tony Abbott and Industry Minister Ian Macfarlane were due to fly to Melbourne on Wednesday to meet Victorian Premier Denis Napthine after the latest manufacturing job losses. Mr Napthine has previously flagged a wish-list of
It is an exodus on a scale not seen before in Victoria's second city: Ford, Qantas, Alcoa and perhaps Shell will all soon be gone. Ford's pull-out will see 510 manufacturing jobs go in late 2016 (although hundreds of design jobs with Ford will stay).