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business

YULA grad pioneers new way to move money to Israel

Joseph Sokol is used to reactions of disbelief when he sits down with technology industry bigwigs to pitch his startup, OlehPay, a payments website that enables users to inexpensively transfer dollars to Israeli bank accounts in the form of shekels.

Is Israel pulling down the shutters for business?

High-tech entrepreneur Eyal Waldman decided he had had enough of Israeli investors when they told him to choose between his titles of chairman and chief executive at the company he co-founded, Mellanox Technologies.

Comverse in Israel has new round of layoffs

Comverse let go of dozens of workers in Israel in a new round of layoffs. The layoffs this week were announced a month ago. Hundreds of workers had been let go previously by Comverse, according to Ynet.

Don’t launch a startup till you play this game

Starting a company can sometimes be likened to a game of chance. Coming up with the right idea at the right time, when the market is neither saturated nor in financial free-fall, isn’t always under the business owner’s control, no matter how crack the team.

Scraping the sky in upscale Tel Aviv

As Yigal Zemah, CEO of Berggruen Residential, stands on the seventh floor of the new Meier-on-Rothschild skyscraper set in the epicenter of Tel Aviv at 36 Rothschild Blvd., a wide smile crosses his face.

Rami Levy: Israel’s new grocery store king

The corporate offices of Rami Levy, Israel\’s nouveau riche supermarket mogul, sit atop one of his grocery stores in southern Jerusalem. It’s not a busy neighborhood, nor is it easily accessible by public transit. But once the building comes into view, there\’s no mistaking that it\’s his.

Israel cited in Caterpillar’s delisting from influential investment index

The sale of Caterpillar tractors to Israel was a factor, but not the determining one, in the delisting of the company from an influential index that prioritizes good governance and human rights.The move, however, is poised to further complicate the difficult ongoing conversation about Israel taking place between American Jewish gruops and the Presbyterian Church (USA).

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More news and opinions than at a Shabbat dinner, right in your inbox.

More news and opinions than at a Shabbat dinner, right in your inbox.