Moody's downgrades Israel's rating, forecast due to war
The agency announced Israel's credit rating will now stand at A2, down from A1, with a negative outlook. This means that the credit rating may continue to decline.
Economy
Japan's Itochu to end cooperation with Israel's Elbit over Gaza war
Itochu Aviation, Elbit Systems and Nippon Aircraft Supply (NAS) signed the strategic cooperation memorandum of understanding (MoU) in March 2023.
Chinese retailer Shein under fire for 'making profit' off campaign to release captives
Shein's online platforms have been selling the popular solidarity tags with the inscription "Bring Them Home Now," despite not being sanctioned to do so. "It's no different from buying a fake Adidas shirt or Nike shoes. In my eyes it is more serious for Israelis, although in both cases it is a violation of the law," says lawyer who has been helping the captives' families in their campaign.
No more earmarks? Gov't plans to eliminate controversial spending with semantics
Exclusively obtained plan shows how government would essentially fold the special mechanism – usually used for pork barrel spending to keep Coalition parties in line – into the official state budget bill starting in 2025.
Why are Haredi women majoring in computer science? Report shows new trends
The Israel Democracy Institute's yearbook on the Haredi sector, which has been published for eight years and reviews the changes that have taken place in recent decades in various fields in ultra-Orthodox society, sheds light on just how far along Haredi women have come in joining the workforce.
Hundreds in OpenAI say they will leave unless board resigns in wake of Altman's departure
Altman was a founding co-chair of the startup that kicked off the generative AI craze a year ago by releasing ChatGPT, a chatbot that became one of the world's fastest-growing software applications.
Going to the airport? You will be shocked by the cost of your meal
Price difference can be substantial, starting at 3.3% and reaching over 30% for items not subject to airport deals.
Court overturns Eli Lilly's $176.5M loss in Teva patent case
US District Judge Allison Burroughs said in a post-trial ruling that the Teva patents covering the use of antibodies to inhibit headache-causing peptides were invalid.
PM hails historic trade corridor linking India, Middle East, EU
The initiative will link railways, ports, electricity and data networks and hydrogen pipelines from India through Mideast and Israel to Europe.
US envoy, Boeing officials honor El Al at 75th anniversary
Chargé d’affaires ad interim at the US Embassy Stephanie L. Hallett was joined by the executive vice president of The Boeing Company, El Al's controlling shareholder, and the CEO of the Israeli carrier.