Business


U.S. Trade Deficit Narrows in March

The U.S. trade deficit narrowed in March to the lowest level since October as both exports and imports fell. But the politically sensitive trade gap with China rose. The Commerce…

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Services Firms Grow Faster in April

U.S. services companies expanded at a faster pace in April, good news for the overall American economy. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday…

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OPINION: Corporate Scandal vs. Government Scandal

Recent U.S. presidential administrations are cultivating quite the reputation for scandal, with Donald Trump’s perceived conflicts of interest, Barack Obama’s seemingly unbounded surveillance program or George W. Bush’s controversial justification…

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Israeli Coffee Chain Gives Discount for Good Manners

A popular Israeli coffee chain is offering its customers a discount for being polite. Customers who say “please” and “thank you” when ordering a regular-sized cup of coffee will pay…

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The Risks of Businesses Learning How Consumers Think

In recent decades, psychologists and economists have produced a flood of new findings about how human beings think and act. Those findings offer compelling lessons about how to change people’s…

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Investors Applaud French Vote With Stock Rally

Vive le rally. U.S. stocks joined a worldwide surge higher Monday after the first round of France’s presidential election raised expectations that the European Union will hold together. A candidate…

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Teva Receives Warning Letter from FDA

Teva has received a warning letter from the FDA [U.S. Federal Drug Administration] – its second in six months – raising concerns over its compliance with the agency’s “good manufacturing practices.”…

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Business Briefs – April 19, 2017

Fed Survey Finds Moderate Economic Growth In Spring WASHINGTON (AP) – The Federal Reserve says the U.S. economy kept expanding in the early spring, with tight labor markets and many…

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Mall Sales Rise Pre-Pesach, Figures Show

Sales at fashion stores in Israeli malls were up 3.5 percent during the days leading up to Pesach over the same period a year earlier, according to analysts. The figures…

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Teva to Seek $2B for Sale of Division

Teva Pharmaceuticals is seeking a buyer for its women’s health division, a weekend report in Bloomberg News said. According to the report, Teva will seek about $2 billion for the…

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UPS Adds Saturday Delivery as E-Commerce Fuels Demand

United Parcel Service (UPS) Inc. will add Saturday ground deliveries, making one of the biggest shipping-time changes in its 109-year history in response to rising demand from online shoppers. Homes…

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PM Netanyahu Seeks to Boost Commercial Ties With China

Israel wants to boost cooperation with China in technology, Israeli Prime Minister Benjamin Netanyahu told China’s premier Monday, as he led a large business delegation on a visit to Beijing…

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Israeli Bus Makers to Go Electric

Two Israeli bus makers have won a tender to produce electric buses for the local market. The companies will work with Chinese bus manufacturers to produce the buses based on…

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