New record: CommBank's $9B profit | InSinkErator sells for $3B | Coinbase's slippery slope

Published: Aug. 10, 2022, 7 p.m.

CommBank is celebrating big time after announcing a $9.6 billion annual profit, which is its biggest cash profit in over 5 years.

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Whirlpool, the home appliances behemoth, has agreed to buy the company behind the InSinkErator for $3 billion.

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Coinbase, the crypto trading platform, has released some pretty grim earnings results - losing over $1 billion in the second quarter of this year.

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