
CBA's historic single-day fall | Xero's US bet backfires | CNN's new weather play
CommBank’s shares have seen their biggest single-day fall in history earlier this week after wiping $30 billion from its market value.
Xero's revenue jumped 31%...but profits fell 27% after its multi-billion dollar US acquisition has hurt the bottom line.
CNN has launched a stand-alone weather app…three years after its last digital product collapsed in just 29 days.
_
Download the free app (App Store): http://bit.ly/FluxAppStore
Download the free app (Google Play): http://bit.ly/FluxappGooglePlay
Daily newsletter: https://bit.ly/fluxnewsletter
Flux on Instagram…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.