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Ampal-American Israel Corp decided to write off its entire 12.5 per cent investment in East Mediterranean Gas, the company that sold Egyptian natural gas to Israel before Egypt called off the exports. Ampal is controlled by Israeli tycoon Yossi Maiman, who put his yacht up for sale this week, as a belt tightening measure.
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Oplon Pure Science, a Rehovot-based developer of anti-bacterial polymer sheets for packaging, has signed an $8 million contract with the Pepsi Corporation to supply...
Jewish Canadian-Egyptian businessman Raphael Bigio is seeking a full U.S. appeals court to rehear his lawsuit against Coca-Cola for using his family’s property in...
Several French anti-racist organizations are suing Google for allegedly pushing "unsolicited and systematic associations between famous people and their Jewishness" – real or presumed...
A major faux pas involving non-kosher hen's meat is rocking the Presidential Residence in Jerusalem. According to Ma'ariv, the event's caterer purchase a large quantity of meat on Thursday morning to replace meat that had been spoiled. The new meat came from a non-kosher butcher shop in the Arab village of Abu Gosh, which stays open on Shabbat and sells sea food.
Egypt's Pharaohs will be boycotting Adidas after company sponsored the Jerusalem Marathon. The team will have to absorb loss of 1.7 million euros a year as a result.
This is too funny not to be true. Egypt's national soccer team is "forced" to break the Arab Youth and Sports Ministers’ decision to boycott Adidas, after the sportswear company sponsored the Jerusalem marathon… because the national team do not have an alternative kit to wear. "We have no choice but to wear Adidas in the UAE camp as we don’t have any other outfits," said the team's Executive Director.
JP Morgan acquired a $100 million stake in Conduit from investor Yozma fund at a $1.4 billion valuation. Conduit’s cash cow is its toolbar, which the company says has been used by more than 200,000 sites, including MLB.com and Miniclip, to reach 250 million users.
US medical device company Covidien has acquired Israeli respiratory systems maker superDimension for approximately $300 million, winning a bidding war to purchase the company for its bronchial tube endoscopes which reduce the invasiveness of surgery.
I love coffee, but I cannot drink it. This has been the case since my doctor issued the verdict last month - no coffee and no milk. I was quite disappointed to hear that as I love coffee, but I was determined to follow expert medical advice. That conviction, however, did not last more than one week into a new semester with a full course load.
David Silverman, president of American Atheists, responds angrily: “The Jews have stopped the billboard. It’s really ugly bigotry. As a former Jew, it’s repugnant to see Jews act like this.”
Ginia Bellafante writes in the NY Times about the Park Slope coop wars we told you about a week ago (In-Fighting at Brooklyn Food Co-op over Israel Boycott). She points out the obvious: "Calling for a boycott of Israeli-made foods at the Park Slope Food Co-op turns out to be a lot like calling for a boycott of Speedos in Minsk. And, predictably, the use of a healthy food-related organization for political reasons has enraged the Hummus Party. I kid you not.
This week, Allianz Insurance is slated to sponsor the PGA pro golf tournament in Boca Raton. Allianz, a major German company, is charged with failure to pay billions of dollars in Holocaust-related life insurance claims. The company has enraged survivors by refusing to pay on policies while at the same time spending money to advertise their business in events like the PGA.
According to data provided by Israel's national water company, 75% of Israeli households will be using desalinated water by 2013
The OU Job Board will hold its first Job Fair in South Florida on Tuesday, February 7 from 11 a.m.-3 p.m. at the Young Israel of Hollywood, 3291 Stirling Road.