The Us Senate

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President Obama described Janet Yellen as one of the country’s “foremost economists and policymakers” as he named her as his nominee to become the nex(...)

President Barack Obama will nominate Janet Yellen as chairwoman of the Federal Reserve later today, administration officials said last night, ending an unusually public search to fill one of the most important economic policy-making jobs in the world. Photograph: Mary F Calvert/The New York Times

US president Barack Obama will nominate Fed number two Janet Yellen today to run the world’s most influential central bank, providing some relief to m(...)

Elan chief executive Kelly Martin, a former  Merrill Lynch banker, took the helm in 2003, drastically paring down the company and opting to focus on the development of multiple sclerosis drug Tysabri.  Photograph: Alan Betson

The sale of Elan to Perrigo marks the end of a rollercoaster ride for the Irish drugmaker, which has fended off three takeover bids by private equity (...)

Members of the US Senate’s bipartisan “Gang of Eight” who crafted the immigration reform bill as they left the floor of the senate in Washington.

An immigration Bill passed by the US Senate on Thursday brings undocumented Irish in the US a step closer to being allowed to “emerge from the shadows(...)

A woman shelters herself from the hot sun at a 24-hour vigil calling on Congress to pass  immigration reform. Photograph: Lucy Nicholson/Reuters

The approval of an immigration reform bill by the US Senate was “another step closer” to allowing the undocumented Irish to “emerge from the shadows”,(...)

Former taoiseach Liam Cosgrave’s most vivid recollection of US president John F Kennedy’s 1963 visit to Ireland is of the excitement that gripped the country. “I remember driving up Dame Street and people were hanging out of windows to see him coming along as he was going up to the Castle.” Photograph: Cyril Byrne

Ireland’s venerable elder statesman, 93-year-old Liam Cosgrave, has a precise memory of the day US president John F Kennedy addressed a joint sitting (...)

Build quality: robots weld cars at Nissan’s plant in Sunderland. Photograph: James Sebright/Getty

We were all somewhat stunned when, back in 2009, rumours started to swirl that Toyota was going to be subject to a major recall of vehicles in the US.(...)

Police officers search the campus of Santa Monica College following yesterday’s  shootings. Photograph: Jonathan Alcorn/Reuters

A gunman dressed in black killed four people in a string of shootings through the seaside California town of Santa Monica last night before he was sho(...)

Apple’s plant in  in Hollyhill, Cork. “US companies spend over €13 billion in the Irish economy and contribute over 70 per cent of all corporation tax paid to the exchequer.” Photograph: Reuters/Michael MacSweeney

Since the middle of 2012 there has been a consistent flow of stories in international media that has focused on the global tax structures of certain m(...)

Minister for Finance Michael Noonan said he wanted to make it clear “the tax rates being quoted publicly this week are emphatically not the rate of tax paid by such companies or by any company on its Irish activities.

Wrong and misleading rates for taxes paid by the Apple corporation on its Irish activities were quoted at the US Senate investigations committe(...)

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