{"id":186169,"date":"2025-12-11T06:12:20","date_gmt":"2025-12-11T06:12:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/186169\/"},"modified":"2025-12-11T06:12:20","modified_gmt":"2025-12-11T06:12:20","slug":"obrien-blocks-daa-jacobs-deal-and-how-to-invest-your-savings-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/186169\/","title":{"rendered":"O\u2019Brien blocks DAA-Jacobs deal and how to invest your savings \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">A proposed near \u20ac1 million severance deal for airport operator DAA chief executive <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/10\/severance-deal-of-near-1m-for-daa-chief-executive-kenny-jacobs-off-the-table\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/10\/severance-deal-of-near-1m-for-daa-chief-executive-kenny-jacobs-off-the-table\/\">Kenny Jacobs<\/a> is off the table after Minister for Transport Darragh O\u2019Brien blocked the money, raising yet more questions about the months-long standoff at the top of the State airports group. Arthur Beesley has the story. <\/p>\n<p class=\"c-paragraph paywall \">Elon Musk and social media giant X have been granted permission by the High Court to <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/09\/elon-musk-and-x-granted-high-court-permission-to-challenge-coimisiun-na-mean-investigation\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/09\/elon-musk-and-x-granted-high-court-permission-to-challenge-coimisiun-na-mean-investigation\/\">challenge <\/a>an investigation by Irish media regulator Coimisi\u00fan na Me\u00e1n into whether X, formerly Twitter, contravened the EU\u2019s Digital Services Act. Paul Neilan was in court.<\/p>\n<p class=\"c-paragraph paywall \">Ireland is a nation of savers, but very few of us seem to want to invest our money in the hope of higher returns in the future. In Money Matters, Joanne Hunt <a href=\"https:\/\/www.irishtimes.com\/your-money\/2025\/12\/10\/were-a-nation-of-savers-but-why-dont-we-invest-our-hard-earned-cash\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/your-money\/2025\/12\/10\/were-a-nation-of-savers-but-why-dont-we-invest-our-hard-earned-cash\/\">outlines<\/a> some of the options that can make the markets less intimidating. <\/p>\n<p class=\"c-paragraph paywall \">After a number of so-called <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/10\/pearse-doherty-is-more-right-about-revolut-and-crypto-than-he-realises\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/10\/pearse-doherty-is-more-right-about-revolut-and-crypto-than-he-realises\/\">neobanks<\/a> apparently declined invitations to appear before an Oireachtas committee this week, John McManus looks at the deeper issues at play and why the likes of Revolut make the ability to invest in crypto a key part of their app.<\/p>\n<p class=\"c-paragraph paywall \">Lawyers, landlords and business people paid more than \u20ac10 million to the Revenue in the three months to September 30th for failing to pay tax, new figures show. As Barry O\u2019Halloran reports, the agency published its latest <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/09\/lawyers-landlords-and-business-people-hit-for-10m-over-failing-to-pay-tax\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/09\/lawyers-landlords-and-business-people-hit-for-10m-over-failing-to-pay-tax\/\">defaulters<\/a>\u2019 list on Tuesday, naming 30 people and businesses who paid more than \u20ac50,000 in tax, penalties and interest over the third quarter of the year.<\/p>\n<p class=\"c-paragraph paywall \">Barry also reports that <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/09\/lawyers-landlords-and-business-people-hit-for-10m-over-failing-to-pay-tax\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/09\/lawyers-landlords-and-business-people-hit-for-10m-over-failing-to-pay-tax\/\">pilots <\/a>at freight airline ASL Holdings will strike next week in a dispute over trade union recognition and pay. Swords, Co Dublin-based ASL delivers parcels for Amazon, DHL and FedEx, among others.<\/p>\n<p class=\"c-paragraph paywall \">About 60 staff at Meta contractor Covalen will take industrial action on Wednesday in a <a href=\"https:\/\/www.irishtimes.com\/business\/work\/2025\/12\/09\/workers-set-to-strike-at-meta-contractor-covalen-in-dispute-over-pay-and-union-recognition\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/work\/2025\/12\/09\/workers-set-to-strike-at-meta-contractor-covalen-in-dispute-over-pay-and-union-recognition\/\">dispute <\/a>over grading, pay and union recognition. As Emmet Malone reports, the workers involved say they are classed as community operations analysts when they in fact work as paralegals. Their work, they say, includes dealing with court orders, supporting the company\u2019s legal team and conducting investigations.<\/p>\n<p class=\"c-paragraph paywall \">Pretax profits at the main Irish-based unit of enterprise software firm Salesforce last year <a href=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/09\/pretax-profits-at-salesforces-irish-unit-rises-to-673m\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2025\/12\/09\/pretax-profits-at-salesforces-irish-unit-rises-to-673m\/\">increased<\/a> more than 14-fold to $783.58 million (\u20ac673.5 million). Gordon Deegan has the story.<\/p>\n<p class=\"c-paragraph paywall \">If you\u2019d like to read more about the issues that affect your finances, try signing up to <a href=\"https:\/\/theirishtimes.lt.emlnk1.com\/Prod\/link-tracker?redirectUrl=aHR0cHMlM0ElMkYlMkZ3d3cuaXJpc2h0aW1lcy5jb20lMkZuZXdzbGV0dGVycyUzRnV0bV9zb3VyY2UlM0ROZXdzbGV0dGVyJTI2dXRtX21lZGl1bSUzRGVtYWlsJTI2dXRtX2NvbnRlbnQlM0RSU1MlMjUzQUlURU0lMjUzQVRJVExFJTI2dXRtX2NhbXBhaWduJTNEYnVzaW5lc3NfdG9kYXlfZGlnZXN0&amp;sig=4kSj6MVtJhDySXD8zno7jMoXwZGc1dpLM3xhR9Fc9b5k&amp;iat=1673852841&amp;a=%7C%7C89275494%7C%7C&amp;account=theirishtimes%2Eactivehosted%2Ecom&amp;email=Dc0R66saiYNu2sbROXCOD2QOP8ZXmRzMvz3Yw%2BcA7gI%3D&amp;s=0d5371d23ecde798f8f0f88cc635413b&amp;i=21237A21683A12A963031\" rel=\"nofollow noopener\" target=\"_blank\">On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"A proposed near \u20ac1 million severance deal for airport operator DAA chief executive Kenny Jacobs is off the&hellip;\n","protected":false},"author":2,"featured_media":135568,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,8319,61,60],"class_list":["post-186169","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-business-today","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/186169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=186169"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/186169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/135568"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=186169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=186169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=186169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}