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New Israir Owners Cancel Shabbat Flights

"We want to reach a situation in which there's a weekly day of rest for the pilots as well."

El Al Sells 12 Pratt & Whitney Engines to Foreign Company

The airline recently replaced its Boeing 747-600 and 767-300 model airliners, and is continuing to sell off their parts.

Israel’s First Department Store Chain to Open on Amazon

The chain hopes to move 10 percent of its sales turnover – approximately NIS 100 million per year – to the online division within the next three years.

IAI Chief Executive Joseph Weiss Banned From Entering US

IAI's Joseph Weiss admitted the story, which apparently began two years ago, is odd. He also claimed not to know why he is banned.

IAI Inks $200M Deal in Asia

This order is a followup to a previous similar contract by the same customer, IAI said.

Israeli GetTaxi Launches New York Limo Service

Israelis and taxis in New York -- not exactly news, except that this story is not about Israelis driving taxis, but offering a hi-tech...

Week’s Average: Likud-Beteynu Holding at 37.5 seats

Knesset Jeremy Weekly Average #8 (week of Nov 25-Dec 1) of 7 polls (Channel 10, Globes, Knesset Channel, Channel 2, Yisrael Hayom, Yediot Ahronont,...

Farmers: Tomato Prices Doubled Due to Gaza War

The Farmers Union says that the recent doubling of tomato prices is due to rocket attacks from Gaza leading up to and during Operation Pillar of Defense.

Ha’aretz Editor: “I Hate Israeli Settlers”

In an interview published on November 7 by Israel’s Globes online business magazine, Ha’aretz editorial board member Gideon Levy spoke frankly and openly about his “hatred” of Jews making their lives in Judea and Samaria.

Israel’s Elbit Wins $17.5 Million Boeing Contract

Defense electronics manufacturer and integrator Elbit Systems of America, established and based in Haifa, has announced that it has won a $17.5 million contract to redesign and upgrade the Apache Longbow (AH-64D Block III) mission processor for the Boeing Company.

Even Without Shai Agassi, Better Place Offers a Great Deal

On Monday, electric car company Better Place announced that Shai Agassi, up to now the face and driving force behind Better Place, was stepping back from his CEO rôle and would continue on as a member of the board and major shareholder. Evan Thornley, Better Place’s CEO in Australia, is stepping up to the global rôle. The news seemed to come out of the blue.

Israel Newspaper Staffs Go On Strike

Israeli newspaper staff have gone on strike today due to the staffing cuts that are expected to hit many of the papers. Maariv employees are burning tires in the street.

Prime Minister Shifts Own Financial Portfolio on Eve of Possible Iran Strike

The committee for permits in the state comptroller’s office has allowed Prime Minister Benjamin Netanyahu on August 15 – at his own request – to make changes in his investment portfolio, both overseas and locally. The request comes in the wake of threats by the PM to attack Iran’s nuclear facilities in the near future. But it appears that Netanyahu's financial move was done in full transparency and in complete adherence with legal procedure.

EU Now Includes City in Pre-1967 Israeli Territory in ‘Forbidden Zone’

An EU directive will impose customs duty on products made in the cities of Modiin and Maccabim-Reut, built on what was no-man's land between 1949 and 1967.

Is Sheldon Adelson Destroying Israel’s Newspapers?

Sheldon Adelson is shopping for a new printing house for his paper, while other Israel newspapers are laying off dozens in the wake of Yisrael Hayom's market takeover.

Yoram Ettinger: Israel’s Economic Culture Praised Despite Global Financial Gloom

While the global economy deteriorates and its ripple effects erode Israel’s economic indicators (e.g., unemployment increased to 7%), there is cause for optimism in the Holy Land.

New Israeli Haredi Consumer Is Savvy, Wielding Purchasing Power of $2.6 Billion

Haredi consumers are not, by and large, part of Israel's social protest movement, but their shopping savvy, it turns out, is evolving constantly.

Yoram Ettinger: Cisco and Facebook Expand Israel Operations

Cisco and Facebook demonstrate confidence in the long-term viability of Israel’s economy.

Tomato Shortage Leads to Price Surge in Israel

A tomato shortage has led to a surge in prices for the juicy Israeli staples, with prices estimated to reach NIS 16 per kilo...

Israeli Anti-Nausea Pill for Cancer Patients Passes Clinical Trial

Israel’s RedHill Biopharma announced success last week in a major clinical trial of a new drug to prevent nausea in cancer patients.

Yoram Ettinger: For Long-Term Confidence in Israel’s Economy

Israel’s economic growth during the last five years (21%) is higher than all OECD countries, besides Turkey. Israel’s economy grew 270% over the last 20 years, while Israel’s population grew 145%. Israel’s unemployment is its lowest ever – 5.4%.

Twitter Launches Hebrew Menus

Twitter users who share short thoughts and follow their favorite Israelis in the Hebrew language can now enjoy a full range of services, thanks to Twitter’s new Hebrew menus.

Israel Study: Maternal Stress a Plus for Fetus

Children of mothers who experienced stress during pregnancy may have increased abilities to cope with mental and physical distress in maturity, according to a study out of the Faculty of Medicine at the Technion and Ha’Emek Hospital in Afula reported by Globes.

New, Severe Traffic Enforcement in Israel

New measures to enforce driving rules announced by the Israel Police Traffic Division, the Knesset, and the State Prosecutor’s office this week will mean severe punishments for driving infractions, and a significantly increased likelihood of being caught committing them.

Israel Home Prices Down For First Time in Almost 3 Years

Home prices have fallen in the third quarter of 2011, for the first time in 30 months, according to an article in Israel's Globes...

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