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Establishing factory in Israel 'isn't profitable,' says Tower CEO

Israeli computer chip manufacturer closes down one of its two factories in Israel while looking for brighter horizons in India, which offers tempting incentives

Sophie Shulman/CTech | 02.16.24

Israeli officials optimistic inflation to cool down ahead of CPI print

Moderate change to Consumer Price Index would would bring Israel's annual inflation rate below 3% target, allowing Bank of Israel to potentially cut interest rates

Sharon Kidon, Nir (Shoko) Cohen | 02.15.24

SolarEdge lays off 900 employees, 550 in Israel

Israeli renewable energy company cuts 16% of workforce following downtrend in revenues; company's stock hits lowest point in nearly five years

Almog Ezer/Calcalist | 01.22.24

Jews have stopped shopping at Arab businesses since October 7

Javad Ibrahim has let go half the staff of his restaurant in Abu Gosh, but he still can't cover expenses; Taxi driver Ahmed Abu-Moh was forced to stop driving a family who 'want a Jewish driver'; The upheaval of October 7 has had a dramatic effect on relations between Jews and Arabs in Israel

Hassan Shaalan | 01.21.24

לוחמי חטיבת המילואים "הראל" פשטו על מרחב אלקרמאן ברצועת עזה, השמידו אויב ותשתיות טרור

Torn: IDF reservists to be forced to choose between family and country

Reservists are being thrown from one deployment to the other, barely getting to see their families and tend to their crumbling businesses; You will never hear them complain, but their lives are silently crumbling and government plans to recoup their losses are a like a band-aid to a cancer patient

Yoav Zitun | 01.18.24

Employee advocacy matters most in times of uncertainty

Employee power: a crucial marketing asset in challenging times

Opinion: During crises and downturns, employees are crucial for marketing, building brand loyalty and forming robust networks, yielding long-term benefits through dedication and investment

Sharon Israel | 01.07.24

Moody's likely won't lower Israel's credit rating but outlook could change

International credit rating agency is expected to release a follow-up report on Israel's economy in October warning against harm to the Israeli market as a result of the judicial overhaul

Gad Lior | 09.14.23

Eyes on the prize: Companies Elon Musk might be keen on purchasing

Some groundbreaking work is being done by Israeli companies in the field of renewable energy could entice a visionary with a proven record

Guy Natan | 09.05.23

OpenAI to reach $1 billion in revenue, report says

Spike in expected revenue comes following company's decision to sell its artificial intelligence juggernaut ChatGPT, in addition to investment by Microsoft

Calcalist | 08.30.23

Dollar leaps above 3.8 shekels, sparking concerns about central bank intervention

Experts worried central bank may further hike interest rates as soon as early September as Israeli currency continues to devaluate, further hurting mortgage holders amid inflation pains

Gad Lior, Attila Somfalvi | 08.21.23

WIX updates annual growth forecast amid recovery

Israeli website development platform sees improved revenue margins and says trusts in country's high-tech sector despite ongoing economic turmoil

Sophie Shulman/Calcalist | 08.03.23

Interlinked: How to make your LinkedIn profile pop

Experts say business-based social media has much more behind it than just looking for a job, giving tips on how you can make your presence at the site influential for casual readers as well as recruiters

Maayan Manela/Calcalist | 07.31.23

Check Point founder says would not base company in Israel today

Gil Shwed, who built one of Israel's most successful high-tech companies, says that the company intends to stay in Israel and hopes the situation improves

Sophie Shulman/Calcalist | 07.26.23

Israeli cyber firm Imperva sold to French tech giant for $3.6 billion

Founded in 2002, Imperva provides cybersecurity solutions to critical apps, APIs and data; R&D center in Israel employs 500 people and is expected to grow after purchase completed

Meir Orbach | 07.25.23

Surging Airbnb stock makes founder $1.7 billion richer in one year

Joe Gebbia, who stepped down from his managerial role at Airbnb last summer, has been selling some of the stocks he held since then, increasing his wealth to $8.8 billion; Airbnb has benefited from changes in work strategies and lifestyles, as well as increase in demand for international travel since end of COVID-19 pandemic

Ynet, Agencies | 07.19.23

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