Business


Trump Signs Another Order to Reduce Regulation

President Donald Trump has signed a new executive order taking aim at government regulations. Trump said the order will direct each federal agency to establish a regulatory-reform task force. The…

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Cofix Owner: I Had No Choice But to Raise Prices

After his “bombshell” announcement Thursday that he was raising prices by 20 percent, Cofix chairman Avi Katz made the round of the weekend newspapers in Israel to explain why he…

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Diamond Dealers Looking for Millennials

Although the global diamond industry has rebounded from a slump in 2016, dealers remain anxious about the future, as the generation born late in the last century, also known as…

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Senate Confirms McMahon to Lead SBA

In a rare display of bipartisanship, the Senate on Tuesday confirmed former wrestling executive Linda McMahon to lead the Small Business Administration as part of President Donald Trump’s cabinet. The…

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U.N. Blacklist Report on Israeli Companies Postponed

A United Nations report on establishing a database of companies with business interests in Jewish communities in Yehudah and Shomron is set to be delayed until later this year, according…

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Resignation of Teva CEO Not Helping Share Prices

The resignation of Teva Pharmaceuticals chairman Erez Vigodman overnight Monday has not helped the company’s stock. In after-hours trading late Monday, the announcement was greeted with further declines in the…

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Business Briefs – January 31, 2017

Apple Snaps Out of iPhone Slump, But What’s Next? SAN FRANCISCO (AP) — Apple has snapped out of the first sales slump in the iPhone’s decade-long history, but the upturn…

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Trump Signs Order Targeting Business Regulations

President Donald Trump signed an order on Monday that will seek to dramatically reduce federal regulations, but the policy will not apply to most of the financial reform rules introduced…

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Israir Opens New Call Center in Sderot

Israeli airline Israir is opening a new call center in the southern city of Sderot, a frequent target of rockets fired by Gaza Arab terrorists. Workers at the call center…

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Kahlon Hails Drop in Debt-to-GDP Ratio

“An achievement for the Israeli economy, the Israeli people, and especially for future generations,” declared Minister of Finance Moshe Kahlon on Sunday, of the drop in Israel’s debt-to-GDP ratio to…

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Kahlon Promises Foreign Billions for High Tech

Israel’s sluggish high-tech industry can look forward to billions of dollars of investments from foreign companies in the near future, predicted Minister of Finance Moshe Kahlon, Globes reported on Sunday.…

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