Top Stories

How Binance is scrambling to cover losses in the biggest heist in crypto history

‘We will weather this storm,’ company says as it taps reserve funds and its founder gets into a confrontation on X with Elon Musk, write Angus Berwick, Patricia Kowsmann, and Alexander Osipovich, The Wall Street Journal.

Three bidders have emerged to rescue insolvent Horse Sport Ireland

The examiner to Horse Sport Ireland hopes to select a preferred bidder next week. Joe Walsh is also engaging in a "positive" way with the Department of Agriculture in relation to a vital contract.

The four academics who dreamed up California’s billionaire tax

Proposition 40 is the furthest the group of ‘nerdy academics’ has come with a wealth tax, writes Juliet Chung, The Wall Street Journal.

The last ghosts of FTX are being purged in Kells

An accountant in Co Meath has been made a director of the collapsed crypto giant’s lone Irish presence. The subsidiary is due to be wound down as FTX’s notorious tale comes to an end.

McKillen Jr hits back at his foes’ allegations: “No real interest in finding accommodation”

Paddy McKillen Jr, the hospitality entrepreneur, is trying to secure a personal insolvency arrangement despite the opposition of two lenders. He has now filed affidavits denying he has "hidden anything" from anyone.

No discrimination, rather “a concerted effort” to reverse the appointment of the Port of Cork’s CEO

Thomas Hunter McGowan, a candidate for the position ultimately won by Ann Doherty in 2024, has lost his WRC case against the State-owned company for gender discrimination.

How Bolsonaro fled Brazil: decoys, a private jet and a friend in the White House

After losing Brazil’s election, Flávio Bolsonaro fled to Miami in an elaborate operation aided by Trump’s inner circle and Argentina’s president, write Vera Bergengruen, Samantha Pearson, Ryan Dubé and Philip Wegmann, The Wall Street Journal.

Executive exodus at Irish-Chinese helicopter lessor GDHF

On Tuesday, the CEO and CFO of GD Helicopter Finance, a Chinese-owned and Irish-headquartered aviation lessor, announced their departures from the business.

Top Voices

Dan O’Brien: How do Irish incomes compare?

In just 20 years, Ireland has caught up remarkably fast on its neighbours while avoiding the rise of income inequality, especially between generations. While policy issues exist for the future, they are less acute than elsewhere in Europe.

Google

Alphabet still has the ingredients to win in an AI pullback

The tech giant is no longer loved by investors, despite its many advantages, writes Asa Fitch, The Wall Street Journal.

Peter Kinsella: What now for the oil market?

Oil prices are likely to remain elevated even if a peace deal is reached in the Middle East, with damaged refining capacity and the need to rebuild depleted inventories prolonging the supply-demand squeeze.

Willie O’Reilly: Changing how the TV licence fee is collected would help fix RTÉ’s broken funding model

Today, An Post charges around €15m to ineffectively collect what it can. Instead, collecting the licence fee through the standard electricity bill could ensure all households contributed – and lower the fees significantly.

Anthropic’s “adjusted” profit exposes Wall Street’s earnings game

AI developer’s losses were flip side of big gains for Amazon and Alphabet, writes Jonathan Weil, The Wall Street Journal.

Ronan Lyons: Demand, not supply, underneath the changing market conditions

With house price inflation slowing and a significant rise in second-hand homes available for sale, it is tempting to conclude that supply is finally recovering. But weakening demand is playing a significant role in the cooling market.

The secrets behind an Irish retail giant’s longevity: Rewinding the week that was

We rightly celebrate the FDI and start-ups, but often overlook indigenous firms built over generations. As it celebrates 150 years, Musgrave, the group behind SuperValu and Centra, is a case in point.

“I said to Haughey: ‘How do you get away with it?’”

Dick Spring, the former tánaiste and Labour Party leader, spoke memorably about his encounters with Charles Haughey at the launch of Vincent Browne's new book on Ireland's most controversial taoiseach.