Seán Dunne: Under the US legal system, each side will pay their own costs in Nama’s 16-month challenge against the developer. Photograph: Steve Miller/Irish Times

Twenty months after he sought refuge in the US bankruptcy courts and a faster passage away from €700 million of debts that he would have had to naviga(...)

Bankrupt property developer Sean Dunne. Photograph:  Garrett White / Collins

Property developer Sean Dunne has thrown in the towel on his attempt to walk away from about €700 million in debts through the US bankruptcy courts(...)

The people most thankful for Thanksgiving, the biggest holiday in the American calendar, this year appear to have been retailers. The National Retai(...)

 Seán Dunne. Photograph: Bryan O’Brien

Lawyers for the National Asset Management Agency (Nama) have asked a US court to postpone until next May the trial to decide whether property devel(...)

“Just because we have a two-party system doesn’t mean we have to be in perpetual conflict,” Mitch McConnell, the presumptive new Senate majority leader, said in his victory speech last night. Photographer: Luke Sharrett/Bloomberg.

In the end, there was no Republican wave. Indeed, it was barely a ripple. The Republicans won the US midterms, there’s no denying that, but the(...)

 US president Barack Obama suffered a heavy political defeat as Republicans won back the Senate from Democrats in the US midterm elections, giving the party full control of Congress for the first time in eight yearsPhotograph: Doug Mills/The New York Times

Two things were clear long before the votes were counted Tuesday night: President Barack Obama would face a Congress with more Republicans for his fin(...)

 United States Senator Mitch McConnell, Republican of Kentucky, waves to supporters with his wife Elaine Chao during his victory celebration at the Marriott East Hotel in Louisville, Kentucky yesterday. Photograph: Mark Lyons/EPA 1:30

US president Barack Obama suffered a heavy political defeat as Republicans won back the Senate from Democrats in the US midterm elections, giving the (...)

Republican candidate Joni Ernst on the campaign trail in Newton, Iowa. Her campaign ad about growing up on a pig farm clicked with voters. Photograph: Chip Somodevilla/Getty Images 1:22

Pigs and poultry. On such parochial issues can the make-up of national governments be decided, even in countries as large as the United States. They c(...)

Eagle Alpha has raised $1.2 million (€942,000) in its second fundraising round. Photograph: Julien Behal/PA Wire

Eagle Alpha, a Dublin-headquartered start-up that analyses social media for stockbrokers, hedge funds and other investors, has raised $1.2 million (...)

 A student cries during a vigil at The Grove Church, after a school shooting in the US    in Marysville, Washington. Photograph: EPA

Authorities in the US are seeking a motive today as to why a high school student in Washington state shot dead a female classmate and wounded four o(...)