יום שלישי, י״ד אב תשפ״וTuesday, July 28, 2026
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Sources in the kosher food industry are speculating that a new major supermarket deal will have a positive effect on kosher food sales. Cerberus Capital Management appears to be making a major investment into the supermarket industry by acquiring Safeway in addition to the Albertson’s chain which it already owns. Together, the two grocery chains […]
If the Boycott Israel movement has any intellectual honesty, which it doesn’t, let’s see it tackle Whirlpool subsidiary KitchenAid.
The Russian search giant Yandex has bought out Israel’s KitLocate start-up, a maker of low-power mobile geolocation technology, for “several million Euros,” TechCrunch reported Tuesday. KitLocate features low battery consumption by using proprietary algorithms that allow location-based apps to request the device’s geographic coordinates less frequently without losing too much precision. Yandex will use KitlLocate’s […]
Perhaps the Saudis are afraid that eating Zionist fruit will indoctrinate its citizens with a bit of common sense.
The romantic skyline of Jerusalem is disappearing. Is Jerusalem on its way to becoming a modern city? Or is it losing its special character?
The Priceline online ticketing and reservation company has bought Israeli-based start-up Qlika for around $3 million, according to the VentureBeat website. Qlika, based in the metropolitan Tel Aviv city of Ramat Gan, focuses on "micro-location" ad campaigns and has only six employees, all of whom have masters' degrees in physics and mathematics and who have […]
By Jewish News Syndicate (JNS)
Sexist and often violent, corrupt and even anti-Zionist Haredim in Beit Shemesh create a false image of the city.
By JTA
Oracle’s Larry Ellison remains the world’s wealthiest Jew, placing fifth on Forbes magazine’s annual world billionaires list for 2014. Meanwhile, Facebook’s Mark Zuckerberg (ranked at No. 21) was the “biggest dollar gainer” on the list, with his fortune jumping $15.2 billion, to $28.5 billion. Ellison (with a net worth of $48 billion) and casino mogul […]
Government plans to market 12,000 new apartments in Modi'in, where prices haven't stopped rising in recent years.
The two Harvard MBA students are the perfect matchmakers for quality MBA students and Israeli companies
Two rare early editions of “Mein Kampf” signed by Adolf Hitler may for more than $20,000 at an online auction on Thursday, AP reports. Nate Sanders, owner of Nate D. Sanders Auctions in Los Angeles, expects criticism for auctioning the 1925 and 1926 books up for bid. But he says that it’s a piece of […]
Custom duties on imported butter, yogurt and other dairy products will be drastically slashed in a move by Economy Minister Naftali Bennett to increase competition and lower prices. Import taxes on some dairy prices account for as much as 100 percent of the final cost, according to Bennett, who also is chairman of the Jewish […]
IKEA will open its third store in Israel on March 11, when it opens the doors to its Kiryat Ata branch near Haifa. The company paid $110 million to build the store, which will have 51 showrooms and three houses with designed rooms. "IKEA's entry to the north is the implementation of another step in […]
By JTA
Which is more disgusting – an anti-Semitic caricature of Zuckerberg or his throwing away Judaism for atheism?
The Israel Electric Corp. shuts off power to those who don’t pay – unless the debtor is the Palestinian Authority.
Camp HASC's annual Fort Lauderdale marathon is a crucial fundraising event for the special needs children camp based in upstate New York. However this year's event faced a unique challenge due to the massive blizzard that struck the area over the weekend. The entire team of 109 runners and staff members were on the verge […]
You missed the boat if you wanted to pick up a nice little penthouse in Tel Aviv. An unidentified Canadian real estate tycoon picked up a seafront penthouse, stull under construction, for a paltry $31 million, Globes reported. The apartment is on the 20th and 21st floors and the balconies cover an area of 3,000 […]
Shemen LaMeor will create jobs and reinvigorate the region’s agriculture while preserving its unique character.
Next time you drink a can of Coca Cola in Israel at a kiosk or tourist spot, take into consideration you are swallowing six times more money than you would if you had bought it at an American outlet, such as Walmart, according to a survey conducted by the Globes newspaper. Americans pay on average […]
By JTA
The websites of the casino operation owned by Jewish billionaire Sheldon Adelson went back online, a week after they were hacked by unidentified vandals who criticized his support for Israel. The hackers on Feb. 11 took over the home page of websites run by the Las Vegas Sands Corp., the world’s largest casino operator, which […]
Economics 101 teaches that “money is money because it is money,” but a bitcoin may not always be a bitcoin.
Cathmaps+ emailed us this announcement via their PR firm: Following the release we sent to you last week about Cathmaps+, the Israeli company that created the world’s first mobile app to help cardiac patients manage elevated risk, we wanted to updated you that in celebration of its launch last week in the United States and […]
By Jewish News Syndicate (JNS)
Israel’s Rafael Advanced Defense Systems unveiled its latest missile defense system, called Iron Beam, which uses lasers to destroy incoming rockets and mortars. “It’s exactly like what you see in ‘Star Wars,’” Rafael spokesman Amit Zimmer said at the Singapore Airshow, the Associated Press reported. “You see the lasers go up so quickly like a […]
By JTA
A Japanese e-commerce firm said it will buy the Israeli-founded Viber chat startup for $900 million. Rakuten Inc announced its planned purchase of Viber Media Inc. on Friday. Viber, run by the Israeli entrepreneur Talmon Marco, will add 300 million users to Rakuten’s existing 200 million users, Rakuten’s CEO, Hiroshi Mikitani, told reporters in Tokyo. […]
If the deal goes through it would be for between $2.4 and $2.7 billion.
Boycotting a boycotter could boomerang, despite all of the good intentions off those behind the idea.
Canada’s Employment minister Jason Kenney has countered the BDS ‘Boycott SodaStream” campaign by buying one of the company’s soda-making machines and crediting Oxfam for the idea. Oxfam has dumped Scarlett Johansson as an ambassador because she signed up to promote SodaStream whose 20 factories around the world include one in the industrial area of Maaleh […]
If one could trade stock in left-wing groups linking SodaStream’s stock drop to BDS, then Mondoweiss is a short sale.
Norway has reinstated its 2010 boycott of two Israeli companies because their operations included activities in Judea and Samaria, The Wall Street Journal reported Thursday. The Finance Ministry of Norway also said it secluded an Indian copper and metal producer due to "an unacceptable risk of serious environmental damage and serious violations of human rights." […]
The U.S. Food and Drug Administration (FDA) has reported positive results in its Phase 2a trial of an oral insulin capsule produced by Israeli-based Oramed. The drug is for the treatment of Type 2 diabetes. The Phase 2b study will be carried out later this year, and Oramed also plans a Phase 2a study for […]
It's a boom: some 100,000 housing units will replace military camps in the high-value center of Israel.
Lockheed Martin and EMC Corp. announced on Sunday an agreement to invest in cyber security and other technology projects based in the new Advanced Technologies Park at Ben Gurion University . The official launch ceremony for the agreement will take place tomorrow in Tel Aviv on Monday at the CyberTech 2014 International Exhibition and Conference. […]
Intel is celebrating its 40th year in Israel with a report that it has exported one billion silicon processors worth $35 billion . Last year, $3.5 billion worth of Intel products were exported from Israel, said the chip-making giant, which has received from the government billions of dollars in grants and enticements to locate and […]
Yahoo President and CEO Marissa Mayer told Prime Minister Binyamin Netanyahu in Davos Wednesday that she expects to visit Israel in July. Meeting at the 014 World Economic Forum Annual Meeting, the Prime Minister told her that whereas major powers were once measured in terms of territory, today they are measured by the number of […]
Former CNN host Larry King and the Haifa-based Technion Institute are establishing the Israel Silicon Valley Chambers of Commerce to promote Israeli high tech and encourage multinational companies to open R&D centers in Israel. King will help finance the project with a $600,000 investment. The new chambers of commerce will be launched next month in […]
Prime Minister Binyamin Netanyahu will travel Wednesday to the 2014 World Economic Forum in Davos, where he will deliver an address under the heading "Israel – Innovation Nation,” with an emphasis on the cyber industry. He also will attend the IT session, in the presence of Cisco CEO John Chambers, and a cyber session that […]
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 ion the Makhteshim phosphates and chemical giant own the other half of Aromor, which manufactures and markets specialty ingredients that are used in fragrances and flavors. “We expect Aromor, with […]
Teva Pharmaceutical announced on Thursday that its new CEO will be Erez Vigodman, who until now has been the CEO for the huge phosphate and chemical producer Makhteshim Agan Industries. Vigodman replaces Dr. Jeremy Levin, who moved to Israel two years to take over the world’s largest generic drug company, which has been faltering since […]
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 than 3.46 shekels, compared with 3.50 shekels a week ago and 3.75 a year ago. A shekel now is worth 29 cents, compared with 25 cents a year ago. That means […]
Finance Minister Yair Lapid called a press conference to announce great news for consumers – soft white cheese and whipped cream now will be under price control. Lapid’s move is a belated populist reply to the :”cottage cheese” protests of three summers ago, but Monday’s publicity stunt did not make an immediate positive impression on […]
By Shalom Bear
In their eagerness to catch a few cheating taxi drivers, did the Tax Authority destroy the reputation of a promising Israeli start-up?
One judge wondered how meat could be considered kosher, if the employees of the kosher slaughtering firm "just passed on the cows."
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 Page, whose mother was Jewish, who was raised without religion and who intermarried. The biggest jump in bank accounts was that of gambling casino mogul Sheldon Adelson, whose net worth jumped […]
Google will have to pay 7 percent on revenue from Israeli Internet content that is copyrighted if the Knesset approves a bill submitted by Labor Knesset Member Erel Margalit and now under discussion in the Knesset Finance Committee. The proposed legislation calls for the royalties to be deposited in an account managed by the Finance […]
Noble told analysts that drilling will not begin before the end of next year.
A Tel Aviv court Tuesday has rejected arguments from embattled billionaire Nochi Dankner and has given its stamp of approval to allow a consortium, led by a South American Haredi businessman, to take control of the mammoth IDF holding company. Dankner’s lawyers said they are considering whether to appeal the decision that accepted a creditors’ […]
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 affiliate NRC Operating Company for $52 million. It is Frutarom’s third buy-out of a foreign company in a month and counters the trend of American companies purchasing Israel high-rech startups. Frutarom […]
The Obama administration is close to announcing that former Israel Bank Governor Stanley Fischer will take over the number two position at the Federal Reserve Bank under recently confirmed director Janet Yellen. Fischer was hoping to be named head of the Fed, but at 70, his age was a barrier. Fischer is widely respected in […]
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.
By JTA
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 agreed to acquire Given Imaging from shareholders of IDB Holding Corp. Ltd. for about $860 million, it was reported Sunday. Given Imaging is the inventor of the PillCam, a swallowed […]
By Shalom Bear
At an International economic forum in Jakarta, the foreign ministers only wanted to hear how Israel can help their respective countries.
By Jewish News Syndicate (JNS)
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 of 1,341.89 points set on April 21, 2011, Globes reported. Similar to Wall Street’s Dow Jones Industrial Average, the Tel Aviv 25 index consists of the largest 25 companies within Israel’s stock market. The […]
Jeremy Levin, who moved to Israel last year to take over the helm at Teva Pharmaceuticals only to be fired last month, say he loves Israel and is staying here, at least for the time being. Unlike Stanley Fischer, who made aliya to take over the post of Governor of the Bank of Israel and […]
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 Apple nor PrimeSense confirmed or denied the report. "We are focused on building a prosperous company while bringing 3D sensing and natural interaction to the mass market in a variety […]
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 employees and close the stores. "After a lengthy hearing and with all due regret, it seems that the company has reached the end of the road, and nobody can disagree," said […]
By Jewish News Syndicate (JNS)
Sodastream, the popular Israeli carbonated drinks company, has announced that it will kick off its 2014 advertising campaign with a $4 million Super Bowl ad for the second year in a row. “The Super Bowl is a proven venue for SodaStream to deliver our beverage revolution message to over 100 million viewers, empowering consumers to […]
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 (HIMII), bringing the total U.S. Government commitment to $100 million for the initiative. Germany has committed over $10 million to HIMII projects in the PA. According to the State dept., HIMII projects […]
By JTA
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 hours of an investigative report published in the Sunday edition of the Daily Mail. The report went up on the newspaper’s website late Saturday night. “We are very sorry these […]
By JTA
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 to purchase Israeli companies and integrate itself into the Israeli economy and its domestic security market, the Israeli daily newspaper Maariv reported Sunday. Lockheed Martin Executive Vice President Patrick Dewar […]
Jeremy Levin, who moved to Israel from the United States 18 months ago to take the helm of Teva Pharmaceuticals, quit his post on Wednesday, sending the company’s stock down more than 7 percent in trading on NASDAQ in early trading. "Since Levin's arrival, the board of directors and management saw eye-to-eye in drawing up […]
The Charles and Lynn Schusterman Philanthropic Network (SPN) has launched #MakeItHappen, a new micro-grants initiative that invites individuals to submit ideas for creating Jewish experiences in their communities. Between October and December 2013, SPN will select up to 50 ideas from around the world to receive micro grants of up to $1,000. Five ideas could […]
PM Netanyahu and Finance Minister Lapid announced that acting Bank of Israel Governor Karnit Flug will be appointed as the next governor. Flug will be the Bank of Israel's first female governor. Flug was not Netanyahu's first choice to replace Stanley Fischer, but his other choices were either disqualified, or backed out before they become […]
Glatt kosher hotdog manufacturer Abeles & Heymann is donating $10,000 in hotdogs to the Masbia soup kitchen.
Tens of thousands of Arabs worked in Gush Katif and Israel before the Intifada in the late ‘80s. Today, literally today, a Gaza man said he is so poor he is ready to sell his daughter. Can the West connect the dots?
By Jewish News Syndicate (JNS)
B’nai B’rith International expressed cautious optimism that a newly reached plan between Senate Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY) to fund the government through Jan. 15 and lift the debt limit through Feb. 7 would pass in House and Senate votes. The plan would effectively end the two-week partial government shutdown. “We urge […]
By Jewish News Syndicate (JNS)
The national director of the Jewish War Veterans of the USA as well as The Military Coalition, a coalition of 33 leading veterans and military organizations, said that the White House and Congress are financially neglecting veterans and members of the military through the ongoing government shutdown. Retired Army Col. Herb Rosenbleeth spoke during a […]
Amazon amounted Tuesday it is opening a Tel Aviv office to support cloud service through Amazon Web Services in Europe, the Middle East and Africa (EMEA). Amazon Web Services was launched in 2006, and Amazon stated, "Israeli companies use Amazon Web Services to foster innovation, shorten time to market, and expand their global businesses. The decision […]
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 chairman Yair Lapid told the Knesset in its first day of the winter session Monday. He charged the Opposition with damaging the economy by placing obstacles to the natural gas hook-up, […]
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.
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 majority of the prizes awarded this month, the Royal Swedish Academy of Sciences on Monday honored Eugene Fama, Lars Peter Hansen and Robert Shiller for their "for their empirical analysis […]
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 in 2010, will turn into Facebook's first office in the country. Onavo's primary application is for market intelligence, monitoring the performance of mobile apps for the purpose of charting that performance […]
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 Elbit Systems along with Rockwell-Collins. American defense officials said it ditched the second helmet after Elbit-Rockwell made improvements in the helmet, including a better night vision camera, saving the Pentagon millions […]
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 one of the “steps to accelerate the reduction of costs and to optimize its structure.” Most of the layoffs will be outside Israel, said Teva CEO Jeremy Levin, who moved to […]
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 hoping for approval from the U.S. Food and Drug Administration (FDA) after its Phase III clinical trial of a combination drug for the treatment of hypertension and pain relief. […]
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 same period this year, Globes reported on Monday. September’s deficit was only $250 million. The deficit for the past 12 months represents 3.2 percent of the Gross Domestic Product (GDP), slightly […]
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.
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 for an undisclosed sum of money. Ray-Q provides electrical interconnect solutions to military, aerospace and other industries. Financial details of the deal were not disclosed. Buffett made a splash in the […]
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 2104 was to be transferred to Israel on October 1, but this is not the first time budget crises in the United States have delayed aid to Israel. “We are not […]
By Shalom Bear
The experimental plant can generate 100,000 gallons of gas a year.
By JTA
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 daily Globes reported. The probe will focus on whether Google’s purchase of Waze, a free downloadable navigation application with more than 50 million subscribers, should have obtained permission from the […]
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?
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 tale-away chain that plans to take Israel by storm with 300 branches in three years. The “Cofix" chain opened its first café in Tel Aviv Monday, charging at least half […]
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 increasing, according to the latest data from the Central Bureau of Statistics The jobless rate in August was 6.1 percent, compared with a 7.3 percent in the United States. The rate […]
Israeli motorists will enjoy a relatively large drop in the price of gasoline in October following a sharp drop in the price of crude oil and a stronger shekel the past month. The end-of-the month adjustment Monday night is expected to knock approximately 45 agorot (13 cents) off every liter of regular unleaded fuel. The […]
A new Israeli government committee has 90 days to present to Prime Minister Binyamin Netanyahu ideas on how to implement a more cashless society, with free electronic charge cards to replace cash transactions in a war against the “underground” economy.” The cash cards, unlike credit cards, will be available to poor people on welfare or […]
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 Summers was found wanting? Was it that, plus the snarky articles pointing out that despite what some saw as Yellen's superior credentials, that Obama was intent on naming Summers to replace […]
Swiss police staged a mysterious raid on the Geneva home Israeli diamond billionaire Benny Steinmetz, according to an anonymous source close to the incident and who was quoted by Bloomberg News. Geneva’s public prosecutor reportedly ordered the raid on the basis of a request by the Guinea government, but no one is making any comments […]
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.
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 called off a Senate vote on giving him permission to attack Syria. One shekel now is worth slightly more than 28 cents, good news for Israelis wanting dollars but terrible for […]
By Kosher Today
Israel’s national snack food is Bamba, made by Osem, in which Nestle has a major stake. Strauss Foods is partly owned by Pepsi. Now China wants to buy Israel Tnuva. Will McDonald’s buy out falafel stands?
Israeli start-up Outbrain, which provides a digital content management and storage solution, sis going to Wall Street to raise $100-200 million in a public stock offering. The company’s decision to go public rather than sell out to foreign companies puts it in company with Wix, Matomy Media and Fifty One Inc., now called Borderfree, all […]
Israel may have struck it rich twice – once with indications of oil off the southern coast and twice with the prospect of Hamas and Abbas fighting it out over probable claims to the Israeli discovery.
Israel’s reputation as an incubator for Start-Ups has attracted non-Jewish Americans who have settled into successful careers, The Christian Science Monitor reported. The new immigrants have a downside because some of the non-Jewish entrepreneurs have married Israeli girls. Although their children are Jewish according to Jewish law, the chances of their growing up in a […]
El Al has signed an agreement with GetTaxi to offer passengers discounts for GetTaxi's cab hailing service in New York, Tel Aviv and other cities where it operates, the Globes business newspaper reported. The discount from JFK to Manhattan will take $25 off the usual fare of $60-85. The discount program also is available in […]
By Anav Silverman, Tazpit News Agency
Apples area mainstay of Rosh HaShanah, when Jews dip them in honey and bless it as sign of a sweet year, which this year should be very sweet if 15,000 tons apples can do the trick.
“You can’t fool all of the people all of the time.” Lapid soared to political stardom on his “middle class” soap box, which turned out to be full of hogwash. His wealth now is estimated at $6 million.
The Israel Diamond Exchange hosted a four-day event this week, exhibiting $2 billion worth of diamonds and executing sales in the hundreds of millions of dollars. More than 40 lots of diamonds and precious stones were sold for more than $1 million, and one auction sale fetched $168,000 for a pair of pear-shaped emeralds from […]
Turkish Prime Minister Recep Tayyip Erdogan’s anti-Israel rhetoric is interfering with Turkish-Israeli cooperation that could turn Turkey into a regional energy base to ship Israeli natural gas to Europe. “Their inability to complete a pipeline deal would hurt Turkish ambitions to become a regional transit center and mean continued dependence on Russia and Iran for […]
By Aryeh Savir, Tazpit News Agency
Let’s see what the Boycott Israel movement will say if Israel succeeds in developing new technology to reduce famine by enabling crops to grow in droughts. Maybe it will blame Israel for lower food prices.
One dollar bought slightly more than 3.57 shekels Monday morning as the shekel lost some of its recent strength, possibly because of the violence in Egypt, according to the Atrade foreign exchange service. The shekel also weakened against the Euro. The Israeli currency, which most analysts believe will strengthen over the long-term, was trading at […]
July 24, 2026 
