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American Eagle’s Schottenstein Negotiating to Buy Maccabi Tel Aviv Basketball

The team has failed to make it to the EuroLeague quarter finals (it was eliminated after the Regular season), which could leave it with a deficit of about $5 million for the year.

Russian Tourism to Israel Up 54%

In 2016 Israel was visited by more than 2.9 million travelers from all over the world.

Liberman Declares ‘Palestinian National Fund’ a Terrorist Organization

The fund is headed by Ramzi Elias Yousef Khouri, a senior PLO official who is close to senior Palestinian Authority leaders.

BMW Team in Israel to Check Out Smart Car R & D, Startups

A number of auto firms from the US, Europe and Asia are already involved in Israel's "smart car revolution."

Trump Cuts State Dept. Budget by 28%, Israel’s Share Intact

Trump originally wanted a 37% reduction in the State Department's budget, but gave in to pressure from Secretary of State Rex Tillerson.

Netanyahu, 5 Ministers Set to Travel to China for State Visit

A series of economic agreements are to be signed during the visit that will boost Israeli industry.

Report: Hezbollah in Severe Financial Crisis

The crisis is the result of the reduction in Iranian financial aid to the group, at the height of its ambitious involvement in numerous regional conflicts, from Syria to Iraq, Yemen, and Bahrain.

PM Netanyahu Discusses Economic Cooperation in Africa with Italian FM

Italian Foreign Minister Alfano emphasized his obligation to defend the Italian Jewish community against incidents of anti-Semitism.

Trump Releases 2005 Tax Return

Pres. Trump reported income of $153 million and a business loss of $103 million on his 2005 tax return.

In NYC, Winter Storm Stella Brought A Mess But No Disaster

Although winter storm Stella packed a wallop in the north and south, New York City was largely spared its wrath.

Isidor Kaufmann’s ‘A Young Jewish Bride’ Auctioned

The subject of a Jewish woman is rare in Kaufmann's work, making this particular painting very unique.

Netanyahu Congratulates Mobil-Eye on Largest Deal in Israeli History

Intel Corporation is purchasing Mobileye, an Israeli technology company that develops vision-based advanced driver assistance systems.

BDS Leader Barred From Entering Israel

Palestine Solidarity Campaign is the "leading delegitimizing organization in the UK and one of the largest in all of Europe."

Jerusalem Arab Charged With Plotting Bar Explosion

In the alley behind the pub he opened gas taps to the pipelines regulating gas flow from the balloons, then threw a lit cigarette and ran.
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Biggest Deal in Israeli Hi-Tech History: Intel Buys Mobileye for $15 Billion

In January 2017, Mobileye, BMW and Intel announced they were developing a test fleet of autonomous vehicles that would be on the road in the second half of 2017.

Elbit’ Heli-ClearVision Suite Offered on Leonardo’s Helicopters

The Heli-ClearVision suite offered on Leonardo commercial helicopters enables pilots to perform missions under adverse weather and bad visibility conditions.

Israel Wants Cannabis Export, Licenses 40 Farms

A year ago, Health Minister Jacob Litzmann (UTJ) objected on moral grounds to exporting cannabis, but he appears to have changed his mind and voted to approve the new proposed legislation.

Education Secretary Praises Agudath Israel on Fight for Private Schools’ Public Funding

Agudath Israel of America endorsed President Trump's choice for Education Secretary, and urged its members to lobby the Senate in favor of her confirmation.

Swiss Government to De-Fund BDS in Israel, Palestinian Authority

Swiss lawmakers send about one million Swiss francs each year to an anti-Israel umbrella organization in Ramallah.

Israel Considers Options to Buy US Warplanes, Helicopters

Pence and Liberman agreed during their meeting on the need to "counter threats posed by Iran and its proxies as well as terrorist organizations."

Tel Aviv Train Service Resumes Thursday

The daily commute in Tel Aviv has been a complex affair due to construction for the city's new Light Rail.

Best Ever February for Foreign Tourism in Israel

25% Increase in the first two months of 2017 compared with Jan-Feb 2016.

Utilight to Launch Manufacturing Plant on Gaza Border

The company will invest close to $5.5 million in the new venture, with a $1.01 million investment from Economy Ministry Investment Authority.

Report: F-35A Fighter Jets Can’t Fly Safely in Thunderstorms, Lightning

Two Australian F-35A stealth fighter jets are unable to fly safely in thunder and lightning, according to the Royal Australian Air Force.

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