Int’l Flavors to Buy Kibbutz Suppliers for $88 Million
The U.S.-based International Flavors & Fragrances (IFF) firm is buying Aromor Flavors, half-owned by Kibbutz Givat Oz, which is located southeast of Haifa.
Former executives...
Teva Names New CEO Three Months after Firing Jeremy Levin
Teva Pharmaceutical announced on Thursday that its new CEO will be Erez Vigodman, who until now has been the CEO for the huge phosphate...
Sinking Shekel-Dollar Rate Good News for Israelis Visiting the US
How low can you get? The shekel-dollar rate sank to a 28-month low Tuesday, and a dollar now is worth only a tad more...
Lapid Puts Cheeses under Price Control; Consumers Say ‘So What?’
Finance Minister Yair Lapid called a press conference to announce great news for consumers – soft white cheese and whipped cream now will be...
Israeli Tax Authority Kills the Next Great Startup
In their eagerness to catch a few cheating taxi drivers, did the Tax Authority destroy the reputation of a promising Israeli start-up?
Authority, Shmothority, Is Hebrew National Meat Kosher?
One judge wondered how meat could be considered kosher, if the employees of the kosher slaughtering firm "just passed on the cows."
Three of Top Ten Net Worth Gainers Are Jewish
Jews make up three of the 10 biggest gainers in net worth in 2013, as listed by Forbes. Among the Jews are Google co-founder Larry...
Knesset Bill Aims at Google to Pay Royalties on Israeli Content
Google will have to pay 7 percent on revenue from Israeli Internet content that is copyrighted if the Knesset approves a bill submitted by...
Off-Shore Oil Field May Contain 3 Billion Barrels of Oil
Noble told analysts that drilling will not begin before the end of next year.
Court Approves Haredi-Led Consortium to Take Over IDB Conglomerate
A Tel Aviv court Tuesday has rejected arguments from embattled billionaire Nochi Dankner and has given its stamp of approval to allow a consortium,...
Should Israel Help Save America’s Jewish Community?
Israel has invested more than $125 million trying to bring young Jews to visit, with meager results.
New Cannabis Regulations Pick National ‘Pusher’ sans Bidding
Only the pharmacies will be decided according to an official bid – everybody else basically gets a license to print money.
Israel’s Frutarom buys US Flavors Company Hagelin for $52 Million
Israel’s Frutarom flavor technology company’s appetite continues to grow with the announcement Thursday of the purchase of the American flavor company Hagelin and its...
Obama Plans to Name Stanley Fischer as Vice Chairman of the Fed
The Obama administration is close to announcing that former Israel Bank Governor Stanley Fischer will take over the number two position at the Federal...
Wealthy Argentine Chabadnik Set to Take over Israel’s Giant IDB
We don’t pretend to know how and why God works, but it can be speculated that the financial disaster of Israel’s giant IDB was the way for a Chabad Jew to enter Israel’s secular Big Business elite.
Israeli Developer of Swallowable Camera Bought for $860 Million
An Irish company will purchase Given Imaging Ltd., an Israeli firm that developed a swallowable camera to diagnose problems in the digestive tract.
Covidien Plc...
Bennett: Israel to Aid Large Islamic Country in Agriculture
At an International economic forum in Jakarta, the foreign ministers only wanted to hear how Israel can help their respective countries.
Tel Aviv Stock Exchange Top Index Hits All-Time High
The Tel Aviv Stock Exchange’s flagship index the Tel Aviv 25 hit an all-time record high Wednesday, closing at 1,344 points and passing the previous closing level...
Wages of Hate: Gaza Drowning in Its Own Excrement
Normal people wouldn't celebrate this kind of misery, but the Hamas is not staffed by normal people.
Ex-Teva CEO Jeremy Levin Says He Is Staying in Israel – for Now
Jeremy Levin, who moved to Israel last year to take over the helm at Teva Pharmaceuticals only to be fired last month, say he...
Report: Apple Pays $345 Million for Israeli Chip Manufacturer
Apple has taken another bite into Israel and is buying the home-grown Prime Minister Sense chip manufacturer for $345, according to the Calcalist newspaper.
Neither...
Office Depot’s Israel Branch at End of the Road, Closes All Stores
The Israeli branch of Office Depot has run out of bankruptcy-saving proposals, and a court on Monday authorized liquidators to lay off all 780...
Sheldon Adelson Fighting Scourge of Online Gambling
He says it's “a societal train wreck waiting to happen.” Unlike casino gambling, of course.
Soros Pledges 1 Dime to every Suffering Syrian
UN Secretary General Ban Ki-moon says the minimum required to deal with the suffering in Syria is $4.4 billion.
Sodastream to Air $4 Million Super Bowl Ad
Sodastream, the popular Israeli carbonated drinks company, has announced that it will kick off its 2014 advertising campaign with a $4 million Super Bowl...
US Gives $75 Million to PA High Impact Micro-Infrastructure Initiative
In Bethlehem on November 6, 2013, Secretary Kerry announced an additional $75 million in support of the Palestinian Authority’s High Impact Micro-Infrastructure Initiative...
eBay Apologizes for Nazi Memorabilia
The online auction website eBay apologized for allowing Nazi memorabilia to be sold under its auspices.
The site removed about 30 items for sale within...
Report: Lockheed Martin to Open Subsidiary in Israel
Lockheed Martin reportedly plans to open a subsidiary in Israel that will employ hundreds of workers.
The American aerospace and defense contractor also is looking...
Arabs Steal Olives, Destroy Israeli Owned Trees
About 40 trees have been damaged.
American CEO of Teva Quits; Stock Plunges
Jeremy Levin, who moved to Israel from the United States 18 months ago to take the helm of Teva Pharmaceuticals, quit his post on...