GM to Invest $1 billion in Russia Within 5 Years

General Motors Co plans to invest $1 billion over the next five years to expand car and component production in Russia, one of the fastest-growing auto markets in the...

New iPad mini To be Launched in October – One Month After the New...

Apple will launch the new 'iPad mini' in October and not at the same time as the new iPhone 5 according to several sources close to the tech giant. The...

Judge Releases Billions in Madoff Money

NEW YORK - A federal bankruptcy court judge cleared the way for billions of dollars to be distributed to victims of Bernard Madoff, the mastermind behind the biggest Ponzi...

Facebook’s First Big investor, Peter Thiel, Cashes Out

NEW YORK (CNNMoney) -- Peter Thiel, Facebook's first big investor, has sold off most of his stake, turning his initial $500,000 investment into more than $1 billion in cash. Thiel...

EL AL Airlines Announces 2Q 2012 Financial Results

NEW YORK — August 21, 2012 — EL AL, Israel’s national airline, announced the financial results for the second quarter (April - June) of 2012.  Despite the challenges of...

U.S. and Israel on Iran: Widening Gap or “Different Clocks”?

While Israeli Ambassador to the U.S. Michael Oren downplayed the reportedly widening gap between Washington and Jerusalem’s positions regarding the necessity and timing of possible military action against Iran’s...

For GM, Bankruptcy Talk Is Its Own Fault

All my life, long before I became a journalist, my mom warned me that there’s no free lunch, and to be careful in asking for favors. “You don’t want...

Facebook Shares Hit New Low As A Lockup Period Ends

The Facebook slide on Wall Street continued on Friday, as the company’s shares reached new lows a day after early investors became eligible to sell their shares on the...

US Banks Told to Make Plans for Preventing Collapse

U.S. regulators directed five of the country's biggest banks, including Bank of America and Goldman Sachs, to develop plans for staving off collapse if they faced serious problems, emphasizing...

Visionary Businessman and Philanthropist Sami Rohr Dies at Age 86

International businessman and philanthropist Sami Rohr, whose communal heart, visionary mind and financial acumen funded Jewish community centers around the globe and laid the groundwork for a rebirth of...

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IDF Officer Wounded by Palestinian Sniper: I Was Saved by a Miracle

IDF Lieutenant Bar Vaknin of the elite Givati Brigade declared on Sunday that he was saved by a miracle after being shot in the...

Groups Demand U of Michigan Sanction Educators Advocating BDS

Nearly 60 organizations called on University of Michigan president Mark Schlissel to sanction professors at the public research university who engage in the BDS movement. They...

Israeli Report Shows How Syrian Fire Took Down Russian Plane

Following an urgent meeting between Israeli and Russian military officials after the downing of a Russian spy plane over Syria, a 40-page report reveals...

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