Shein lost $99 million. Its recovery plan will cost you dearly
The fashion giant reported a transition to a $99 million loss and a sharp drop in profitability in its IPO prospectus, driven by customs levies and growing competition.
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What types of damages can you recover in a personal injury lawsuit?
Fugitive from Panama and architect of "Fraud of the Century" extradited
Double Lotto NIS 10M winner: "Waiting to share the news with my combat soldier son"
New scam flooding phones: Fake Electric Company refund links
A wave of sophisticated phishing messages has been flooding mobile phones in recent hours, promising a false cash refund from the Electric Company in exchange for entering an external link.
OpenAI cybersecurity models escape test environment, hack separate company systems
"Advanced cyber capabilities must be developed alongside stronger safeguards and defensive tools," warned OpenAI following the incident.
Israel drops below OECD average in proportion of academics
A new periodic review by the Chief Economist’s Headquarters at the Ministry of Finance reveals: In just two decades, the country lost its position at the top of higher education rankings.
Crime organizations targeting government tenders, emergency meeting reveals
Government ministries, Israel Police and state-owned companies met on Tuesday to address alleged attempts by organized crime groups to infiltrate public tenders and national infrastructure projects.
Suspected money laundering network used real estate vouchers to move NIS 500 million
Three central suspects were arrested after a covert investigation allegedly uncovered a financial crime network involving fictitious companies, false invoices and real estate payment vouchers.
Israel Aerospace Industries names former IDF Brig-Gen. as new CEO, pending gov't approval
Brig.-Gen. (Ret.) Guy Barlev has served as IAI's executive vice-president since 2020 and has been in charge of the company's Systems Missiles & Space Group division.
NIS 5.6 million donated in single day to fire–ravaged Gilad Farm
Following the devastating fire in Gilad Farm that consumed homes and businesses, a crowdfunding campaign was launched and has raised over NIS 5.6 million so far.
The labor market has not yet recovered from the war
The labor market continues to recover, but the road to the pre–war routine is still long: There were 169,000 job seekers in June.
Cottage cheese crisis expands to white cheese
A malfunction in Tnuva's warehouse has been paralyzing supply for months. German experts are refusing to arrive due to the security situation, and the public is emptying supermarket shelves.
Hospitals, clinics and family health centers: Nursing staff declare labor dispute
The Israeli Nurses Union has declared a labor dispute. The background: Claims of a low caregiver–to–patient ratio, cutbacks preventing manpower recruitment, and a severe shortage of hospital beds.
