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Amazon Opens Cloud Center in Israel

Amazon amounted Tuesday it is opening a Tel Aviv office to support cloud service through Amazon Web Services in Europe, the Middle East and...

Gas to Pump $60 Billion into Economy in 20 Years, Says Lapid

Israel’s new offshore gas industry will generate $60 billion in revenues in Israel over the next 20 years, Finance Minister and Yesh Atid party...

Former Chief of Staff’s Oil Well a Colossal Flop

Not all that glitters is gold and not all that smells like oil is money. Israel has become an oil and gas producer, but one oil well, run by a firm whose CEO is ex-Chief of Staff Ashkenazi, is a bust.

Three Americans Win Nobel Awards in Economics

Non-Jews finally have taken home some Nobel awards, although not officially Nobel Prizes. After an almost embarrassingly large number of Jews  who won a vast...

Facebook Buys Israeli Firm for $100-$200 Million

The website "TechCrunch" reports that Facebook has just purchased the Israeli mobile analytics and market intelligence company, Onavo, for somewhere between $100-$200 million. Onavo, formed...

Elbit-Rockwell Helmet with Night Vision Camera Sways Pentagon

The Pentagon is suspending work on a second helmet for the F-35 jet in favor of exclusive use of the helmet developed by Israel’s...

Teva to Fire 5,000 Workers Worldwide

Israel’s giant generic Teva Pharmaceuticals firm will fire  by the end of next year 5,000 employees around the world, including hundreds in Israel, as...

Another Israel Pharmaceutical Firm Goes to NASDAQ

Kitov Pharmaceuticals accounted it plans to apply for listing on the NASDAQ exchange, joining Israel-based Teva and Kamada that are traded on Wall Street. Kitov...

Is Obama Listening? Israel’s Debt Shrinks by 30 Percent

The Israeli government’s deficit shrank by 30 percent, from $5.7 billion in the first nine months of 2013  to only $4 billion in the...

Israel Strikes More Oil in Area Discovered on Basis of Torah Verse

Moses made the right turn after all. In his song at the end of the Torah he spoke of ‘precious things of “Givat HaOlam.” The hidden meaning of “precious things” seems to be oil. Not olive oil, but black gold.

Buffett Buys Up Israeli Military-Aerospace Supplier

Warren Buffett has lived up to his love for Israel’s companies and his Berkshire Hathaway company has announced the acquisition of Lod-based Ray-Q Interconnect...

US Shutdown Suspends Military Aid to Israel

The Obama administration’s $3.2 billion annual military aid has been suspended due to the U.S. government shutdown over the debt ceiling. The sum for...

Israeli Company Converts Natural Gas to Car and Jet Fuel

The experimental plant can generate 100,000 gallons of gas a year.

Israel, US, UK Antitrust Panels to review Google-Waze Merger

Israel’s antitrust regulatory commission is investigating whether the Google-Waze merger constitutes a monopoly. The Israel Antitrust Authority opened its investigation on Wednesday, the Israeli business...

Legalizing Marijuana Would End Black Market, Says Israeli Study

Israel, like Canada and many states in the US, has one big reason to legalize marijuana: Money. Canada launches legal medical marijuana. Colorado and Washington have legalized it. Is Israel next?

Low-Cost Café Offers Coffee for $1.40 a cup

Hey, buddy! Can you spare 14 dimes for a cup of coffee? That is the price for a cut of caffeine at a new low-cost...

The Dreadful Costs of Shutting Down

American Jews will suffer with the rest of the country, especially if they were just retired, or were planning a camping trip.

Another Reason to Make Aliyah :Israel’s Jobless Rate Drops

The unemployment rate in Israel fell to a 20-year low in August, and unlike in the United States, participation in the job market is...

Strong Shekel, Weak Oil Drive Down Price at the Pump

Israeli motorists will enjoy a relatively large drop in the price of gasoline in October following a sharp drop in the price of crude...

Israel Declares War on Cash to Help Get Rid of Tax Evasion

A new Israeli government committee has 90 days to present to Prime Minister Binyamin Netanyahu ideas on how to implement a more cashless society,...

Larry Summers Withdraws From Consideration to Head Fed

Was it all the negative articles in which the other front-runner for Federal Reserve Chair, Janet L. Yellen, was compared to Lawrence Summers and...

Police Raid Israeli Diamond Billionaire’s Geneva home

Swiss police staged a mysterious raid on the Geneva home Israeli diamond billionaire Benny Steinmetz, according to an anonymous source close to the incident...

BOI Governor Might be Named after Yom Kippur

Following the fiascoes where Netanyahu's preferred choices for Bank of Israel governors couldn't be appointedt, the Turkel Committee vetted and approved three new candidates for the job.

Easing of Fears of Attack in Syria Sinks Shekel-Dollar Rate

The shekel-dollar rate sank to a two-year low Wednesday, reaching to as low as under 3.56 shekels to the dollar, after President Barack Obama...

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