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Facebook, Google, Microsoft, Twitter, and ADL Announce Lab to Engineer New Solutions to Stop Cyberhate

Facebook, Google, Microsoft, Twitte…

New York, NY -  Face...

ADL to Challenge Justice Department Religious Liberty Guidance Calls it a “Roadmap for Discrimination”

ADL to Challenge Justice Department…

New York, NY- - The Anti-...

JWV Welcomes Greater Accountability for VA Employees

JWV Welcomes Greater Accountability…

The Department of Veteran...

Alice and Nahum Lainer Family Foundation Donates Transformative Endowment Gift to Sinai Akiba Academy

Alice and Nahum Lainer Family Found…

Los Angeles, California -...

Swiss Town Returns Painting Looted during World War II

Swiss Town Returns Painting Looted …

Following a lengthy legal...

PM Netanyahu welcomes US President Trump’s decision regarding Iran

PM Netanyahu welcomes US President …

​PM Netanyahu: President ...

Alona Barkat: Israeli inspiration taking the soccer world by storm

Alona Barkat: Israeli inspiration t…

​Alona Barkat, an Israeli...

Israel Innovation Authority will launch the second biotech incubator

Israel Innovation Authority will la…

In light of the success o...

Israel and Senegal announce end to crisis

Israel and Senegal announce end to …

​Israel will immediately ...

Statements by PM Netanyahu and US President Donald Trump

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Business

Obama Urges Renewal of US Export-Import Bank

VOA News, U.S. President Barack Obama says more small businesses than ever are selling their products aboard, but that could all change unless Congress takes action.The president said Saturday in his weekly address that unless Congress renews the charter of the U.S. Export-Import Bank, nearly 300,000 businesses could lose their international markets. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products. He said lawmakers have reauthorized the charter 16 times because the bank works and pays for itself.Some Republicans lawmakers who supported the bank in the past, now want to put it out of business.…
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US Economy Advanced Faster at End of 2013

VOA NewsThe U.S. economy grew slightly faster than first thought to end last year.The Commerce Department reported Thursday the American economy, the world's largest, advanced 2.6 percent in the October-to-December period, up from an earlier estimate of 2.4 percent. The agency said consumer spending, which accounts for 70 percent of the U.S. economy, rose at its fastest pace in three years.But fourth quarter growth was slower than the 4.1 percent growth in the July-September quarter. Analysts say the economy likely slowed even further in the first three months this year, perhaps to two percent.The U.S. economy has been buffeted by…
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US Economic Growth Slower Than First Thought

VOA News, The U.S. economy grew more slowly than first thought in the last few months of 2013.Friday's report from the Commerce Department says the world's largest economy expanded at an annual rate of 2.4 percent in October, November and December.That is eight-tenths of a percent slower than a preliminary estimate published one month ago. Officials routinely revise the figures on gross domestic product expansion as more complete data becomes available.Government experts say the latest figures show disappointing retail sales and a less favorable picture of trade and inventories than initially thought.Federal Reserve Chair Janet Yellen said Thursday that foul winter…
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Analysts: Rich, Poor Far Apart in US

VOA News, Carolyn PresuttiVOA News, WASHINGTON — Many analysts agree there is a wide economic divide in the United States between the destitute and the wealthy. And they say it's not getting any better. But there are differing opinions about what led the country to this divide, and whether President Obama can do anything to close the gap, as he suggested in his State of the Union address Tuesday.Ameyah doesn’t understand why her mother has to pay bills.But Tiffany Beroid can think of little else as she struggles to make ends meet. She works part-time, making minimum wage at Walmart.…
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Free movement of people: five actions to benefit citizens, growth and employment in the EU

The joint responsibility of Member States and the EU institutions to uphold EU citizens' rights to live and work in another EU country is underlined in a policy paper just adopted by the European Commission. To support Member States' efforts to do so, the Commission's paper outlines five concrete actions to strengthen the right to free movement, while helping Member States to reap the positive benefits it brings. The policy paper clarifies EU citizens' rights to free movement and access to social benefits, and addresses the concerns raised by some Member States in relation to the challenges that migration flows…
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Tackling Tax Avoidance: Commission tightens key EU corporate tax rules

Today the Commission proposed amendments to key EU corporate tax legislation, in order to significantly reduce tax avoidance in Europe. The proposal will close loopholes in the Parent-Subsidiary Directive, which some companies have been using to escape taxation. In particular, companies will no longer be able to exploit differences in the way intra-group payments are taxed across the EU to avoid paying any tax at all. The result will be that the Parent-Subsidiary Directive can continue to ensure a level-playing field for honest businesses in the Single Market without opening opportunities for aggressive tax planning. Today's proposal was foreseen in…
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Blackberry Abandons Plan to Sell Company

VOA, BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive officer and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said on Monday. Shares of BlackBerry dropped 16.3 percent to $6.50 in premarket trading. The company said it would raise the money with a private placement of convertible debentures. John Chen will be appointed executive chairman and will be interim CEO while the company looks for a new leader. He is the former CEO of Sybase, a database software company that SAP AG acquired in 2010. Chen…
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Dr. Karnit Flug appointed Bank of Israel Governor

​Prime Minister Netanyahu and Finance Minister Lapid have decided to appoint Dr. Karnit Flug as Governor of the Bank of Israel Prime Minister Benjamin Netanyahu and Finance Minister Yair Lapid decided to appoint Dr. Karnit Flug as Governor of the Bank of Israel. Prime Minister Netanyahu and Finance Minister Lapid said, "We have been impressed by Dr. Flug's performance as Acting Governor in recent months and we are certain that she will continue to assist us in moving the Israeli economy to additional achievements in the face of the global economic upheaval."
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Big Bank to be Penalized Big Dollars

The largest bank in the United States has tentatively agreed to pay $13 billion in fines, penalties and consumer relief to settle several investigations into bad mortgage loans it allegedly made.JP Morgan Chase and the U.S. Justice Department still have to finalize the deal, which also requires the bank to cooperate with a continuing criminal probe into the bank's mortgage-backed securities in the run-up to the 2008 financial meltdown.The settlement would represent the largest penalty ever paid by a single company. The $13 billion total would include $4 billion in aid for struggling homeowners, such as loan modifications.A number of…
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