Business

SEC sues Elon Musk over Twitter acquisition The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in 2022. Sourse: abcnews.go.com Rate this item:1.002.003.004.005.00Submit…

While the current work-life balance legislation does not amount to a legal right to remote work, claims of the ‘death of remote work’ are premature, according to an employment law solicitor. With an increasing number of companies trying to bring…

Pre-tax profits at Circle K Ireland Energy last year almost halved to €6.9 million. New accounts for Circle K Energy Ireland Ltd show that pre-tax profits reduced by 46 per cent as revenues declined by 27 per cent from €1.72…

A new survey focused on business planning has revealed that nearly half of Irish businesses plan to significantly increase capital investment in 2025 as they navigate heightened volatility. The survey from Azets Ireland, a professional services firm specialising in supporting…

Insurers could lose $30 billion from LA wildfires: Report Analysts at Wells Fargo and Goldman Sachs said the total cost, including non-insured damages, could top $40 billion. Sourse: abcnews.go.com Rate this item:1.002.003.004.005.00Submit Rating No votes yet. Please wait…

Irish and Spanish-based hotels, resorts, and property group FBD Hotels and Resorts (FBDH&R) has reached an agreement to acquire the Grand Hotel in Malahide, Co Dublin, for a sum of approximately €55 million. The Grand Hotel, which employs over 200…

Irish med tech company Aerogen is set to create 725 new jobs in Galway and Shannon over the next 10 years, as part of a €300 million investment. The Aerogen Group is headquartered in Dangan in Galway and the new…

The average interest rate on new Irish mortgages fell to 3.97 per cent in November, the lowest since May 2023. The latest figures released by the Central Bank came as PTSB announced it would cut its fixed mortgage rates, with…

Minister for enterprise and employment, Peter Burke, has said he is concerned for Meta staff following an announcement that it is planning to cut about five per cent of staff it considers to be its lowest performers. Burke said his…

Meta is planning to cut about five per cent of staff it considers to be its lowest performers, it has been reported. Bloomberg reported that an internal memo sent to staff by chief executive Mark Zuckerberg said he had “decided…