A range of U.S. businesses store intellectual property in Ireland due to a favorable business environment built on low corporate taxes. Examples are common in the technology and pharmaceutical industries. In recent years, a global push to establish minimum corporate tax rates led Ireland to revise its codes. But loopholes remain, urging officials in the U.S. to re-examine this long-standing relationship.
Universal Orlando Resort opened Epic Universe in May, its biggest theme park investment to date. The new park cost Comcast a reported $7 billion to build, and doubles Universal Orlando's footprint in Central Florida. Across town, Walt Disney World is also undertaking a massive expansion and facelift after the company announced a historic $60 billion investment in its experiences segment in 2023. This all happening as a possible tourism slowdown could upset the summer travel season.
Nintendo just unveiled the Switch 2, its first new game console in 8 years. While Nintendo’s systems have often introduced bold new features — like the Wii’s motion controls or DS’ touch screen — the Switch 2 may be Nintendo’s biggest bet yet: that consumers want more of the same. When the original Switch was released in 2017, it brought the company back from the brink. The innovative device met the quality gamers expected from a home console on the go and sold 15 million units in its first year, exceeding the 13 million over the entire lifespan of its predecessor, the Wii U. Now Nintendo hopes to repeat its success and says they expect to sell another 15 million units in the first year of the Switch 2, but a higher price point and looming tariffs could crush the game maker’s ambitions. CNBC’s Steve Kovach interviews the Nintendo of America President Doug Bowser and explores what’s next for the gaming giant.
In 2011, Apple unveiled Siri as a revolutionary voice assistant, one that would change how we interact with technology. But nearly 15 years later, Siri sometimes still struggles with basic tasks. At WWDC in 2024, Apple unveiled Apple Intelligence, designed to make everyday tasks easier for iPhone and Apple device users, but the rollout of some features stumbled and now experts are saying that Apple has fallen behind in the generative AI race. While Microsoft and Google built advanced large language models and cloud infrastructure, Apple has taken a slower, privacy-first approach. CNBC explores why Siri lags behind products like OpenAI’s ChatGPT, why Apple’s AI rollout hit some speed bumps, and whether the company can still catch up just as it prepares to unveil new features at WWDC 2025.
Airbus and Boeing have been competing head to head for decades as the world’s largest commercial airplane makers. The European-based Airbus entered the market 56 years after its rival. And today, more than three-quarters of the world’s commercial aircraft is made up of Airbus and Boeing planes.
The Boeing 737 family and Airbus 320 family are the companies best-selling aircraft and have been a crucial segment of competition. Over the last few years, Airbus has pulled ahead of Boeing when it comes to net profits, orders, deliveries and backlog. Experts say its A321neo narrow-body aircraft is propelling the company ahead of Boeing, which has been dealing with crisis after crisis the last several years. CNBC explores how Airbus came to be the biggest commercial plane manufacturer and whether it can stay on top.
CNBC explores how Airbus came to be the biggest commercial plane manufacturer and whether it can stay on top.
Can a marriage thrive when both partners work in the same sector and organisation? For Joshua Khoo and Chloe Khaw, it began as a shared passion in social work at university - but they quickly discovered the hiccups of both of them working as frontline social workers while married.
But the sector offers many career opportunities, and Chloe made the switch to a backend role in human resources. These days, Joshua works as a counsellor at Care Corner Singapore while Chloe champions the well-being of staff in the same agency - and both juggle work with being parents to a 2-year-old.
How do they navigate the fine line between their professional and personal lives, finding a balance that strengthens their marriage?
Can a marriage thrive when both partners work in the same sector and organisation? For Joshua Khoo and Chloe Khaw, it began as a shared passion in social work at university - but they quickly discovered the hiccups of both of them working as frontline social workers while married.
But the sector offers many career opportunities, and Chloe made the switch to a backend role in human resources. These days, Joshua works as a counsellor at Care Corner Singapore while Chloe champions the well-being of staff in the same agency - and both juggle work with being parents to a 2-year-old.
How do they navigate the fine line between their professional and personal lives, finding a balance that strengthens their marriage?