Opening Bell: 80 new Dublin jobs, Obama book deal & YouTube TV

Get up to speed with today's breaking business news...

The Dáil debates a motion today aiming to deal with the 1,600 insurance claims that have been in limbo since the collapse of Setanta Insurance three years ago.

The Fianna Fáil motion will call on the Central Bank to conduct an awareness campaign to better inform consumers about the regulation of firms.

The party says at least 23 motor insurance companies are operating here whilst being regulated elsewhere in Europe – Setanta had been regulated in Malta.

The Government is set to abstain from a vote on the motion tomorrow, meaning that it is likely to pass.


Deadline Couriers is set to create 80 new jobs in Dublin.

The transport and delivery company will roll out the positions over the next two years, bringing its workforce to 120 by 2019.

The company is looking for admin and sales support staff, as well as delivery drivers as it expands its business.


The Obamas have signed a book deal with Penguin Random House, following a heated bidding war among multiple publishers.

While terms of the agreement were not disclosed, The New York Times has suggested that it stretches well into eight figures, dwarfing the advances the likes of Bill Clinton and George W. Bush received for their memoirs.

Titles are expected from both former US President Barack Obama and his first lady Michelle Obama, with Penguin Random House promising to make "each of their books global publishing events of unprecedented scope and significance."

Opening bids for Mr. Obama's book alone are said to have been in the $18 – $20 million range.


YouTube has unveiled details of its much-anticipated live television streaming service.

YouTube TV will be launched in the US in the “next few months”, offering 40 channels that includes the four major American networks as well as the likes of the Disney Channel, ESPN and FX.

It can be accessed on any device that can be streamed to a TV with a Google Chromecast.

It will also allow users to store an unlimited number of programmes on a cloud-based recorder for up to six accounts.

YouTube's chief executive called it "an effort to evolve television" and said that it will be primarily targeted at millennials.

Currently there are no plans for an international launch.