Online retailer Nasty Gal files for bankruptcy hours after founder’s talk on business success in Melbourne – StartupSmart

US online retailer Nasty Gal said it will file for bankruptcy protection just hours after founder and high profile entrepreneur Sophia Amoruso addressed a packed auditorium in Melbourne to share the secrets to her businesss success. On Thursday Recode reported the $US100 million ($131 million) retailer was preparing to file for Chapter 11 bankruptcy, the…

Former Linc Energy executives face charges – The Sydney Morning Herald

Green groups are calling for more underground coal gasification projects to be stopped after the Queensland government charged five Linc Energy executives. The five executives will face court in Dalby later this month over the failed company’s operation of an underground coal gasification site in the Darling Downs. Former Linc chief executive Peter Bond was…