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In a world of cutthroat businesses, Eric Elkaim still believes the “more you give, the more you receive.”
Starting a company can sometimes be likened to a game of chance. Coming up with the right idea at the right time, when the market is neither saturated nor in financial free-fall, isn’t always under the business owner’s control, no matter how crack the team.
Starting a company can sometimes be likened to a game of chance. Coming up with the right idea at the right time, when the market is neither saturated nor in financial free-fall, isn’t always under the business owner’s control, no matter how crack the team.
As Yigal Zemah, CEO of Berggruen Residential, stands on the seventh floor of the new Meier-on-Rothschild skyscraper set in the epicenter of Tel Aviv at 36 Rothschild Blvd., a wide smile crosses his face.
In person, Larry Miller, president of Sit ’n Sleep, is less “Crazy Eddie” (fast-talking, exuberant salesman) and more “Uncle Larry” (the gregarious, warmhearted, favorite family relative).
After some 40 years in the business world, Gordon Steen never thought his morning would start outdoors with hyenas, elephants and monkeys.
Yosef Abramowitz is running out of time. With only minutes to go until he has to speak to a group of donors at the Jewish National Fund (JNF), Abramowitz looks like he just finished a workout. He’s wearing sneakers, shorts and a white T-shirt featuring an outline of David Ben-Gurion’s head superimposed on the picture of a sun.
You don’t have to build dams to get hydroelectricity from water flowing through municipal pipes, says Dr. Daniel Farb, the Los Angeles immigrant who previously shook up the Israeli clean-tech power scene with his Leviathan Energy company’s award-winning Wind Tulip.
Here’s a dirty little secret in the job-recruiting business: All those Web sites that help employers and potential employees match up don’t really work that well. Despite all the bells and whistles, the automatic résumé builders and the ability to search on keywords for specific skills and expertise, the best way to find the right candidate hasn’t changed much in the last 100 years. Word of mouth is still king, especially when a cash reward is offered.
The corporate offices of Rami Levy, Israel's nouveau riche supermarket mogul, sit atop one of his grocery stores in southern Jerusalem. It’s not a busy neighborhood, nor is it easily accessible by public transit. But once the building comes into view, there's no mistaking that it's his.
Audrey Koz was a pharmacist, but her best medicine was the love she baked into her chocolate chip cookies.
America is not a kibbutz, Mitt Romney said in a bid to underscore his commitment to individual liberties.
Mickey Haslavsky of Holon is only 18, but he’s already on his second startup.
Ronald Lauder is expected to acquire complete control of an Israeli news Web site and has plans to establish a new English-language Web site about Israel.
The sale of Caterpillar tractors to Israel was a factor, but not the determining one, in the delisting of the company from an influential index that prioritizes good governance and human rights.The move, however, is poised to further complicate the difficult ongoing conversation about Israel taking place between American Jewish gruops and the Presbyterian Church (USA).
Make hummus, not war. That is the optimistic hope of filmmaker Avital Levy, whose work in progress, “Hummus Wars,” chronicles the ongoing rivalry between Israel and Lebanon for bragging rights over the popular Middle Eastern dip.
Entrepreneurs, investors, executives and tech enthusiasts from around the world converged on the two-day Israel Conference at the Luxe Hotel on Sunset Boulevard for the same reasons: to learn more about Israeli businesses, to network and to discover the next big trend.
Google will donate office space to the new applied science graduate school of Cornell University and the Technion-Israel Institute of Technology.
A Japanese bank has halted transactions by the Iranian government in response to a U.S. court ordering a $2.6 billion asset freeze over the 1983 bombing of the U.S. Marines barracks in Beirut.
If the Talmud were written today, would it look like Facebook? First, the rabbis of the Mishnaic period post a Jewish legal rule.
The American Jewish Joint Distribution Committee named Darrell Friedman as interim CEO following the abrupt resignation of longtime CEO Steven Schwager.
EMC Corp. acquired the Israeli storage systems start-up company XtremIO for more than $430 million.
Bark if you love DogTV. The new made-in-Israel U.S. cable channel is scientifically programmed to keep pooches stimulated, happy and comforted when they’re home alone.
Most are accustomed to calling Israel a “start-up nation,” following the 2009 book by Dan Senor and Saul Singer titled as such. Jonathan Medved, however, is focused on the possibility of a “scale-up” nation.
The owner and three senior employees of a haredi Orthodox website based in Israel were arrested on suspicion of extortion.
Capitalism in pursuit of social justice. The notion is becoming more common in Israel as a new generation of entrepreneurs and innovators in the fields of high-tech, industry and real estate is delving into philanthropy.
On the day after his op-ed piece appeared in The New York Times of March 14, 2012, Greg Smith, a midlevel executive in the London office of Goldman Sachs had generated 19 million entries on Google. By three days later, that number had risen to 134 million.
Greg Smith was a principled and competitive student, the kind of person whose strong sense of right and wrong probably pushed him to resign from Goldman Sachs in a scathing letter to an international newspaper, his former teacher and coach said.
Grandpa’s fixed pension, that sweet and steady stream of income that started on the day he retired, is nearing extinction. Most Americans today will retire not on company checks, but on personal savings and Social Security. With interest rates low, the stock market jumpy and Congress pinching pennies, it is no surprise that 87 percent of Americans, according to one recent survey, worry about running out of money.
"We call these tchotchkes," Keith Wasserman says, examining a snow globe. The 27-year-old founder and president of Gelt Inc. talks into a video camera as he walks around the furnished unit in a Bakersfield apartment complex, which the company purchased in 2009.
After Ben Cohen and business partner Jerry Greenfield completed a course on ice cream making, they established their first ice cream shop in 1978 and went on to build Ben & Jerry's Ice Cream -- a $300 million empire and one of the largest ice cream businesses in America.
No one taught Rabbi Ahud Sela how to read a budget when he was in the seminary. Talmud and pastoral counseling took precedence over the basics of planned giving.
Mega-millionaire Stanley A. Dashew, 95, has some words of wisdom for anyone trying to make it in today's tough economy: You can do it. It's no secret, he says. In fact, it's the title of the book, "You Can Do It!: Inspiration & Lessons From an Inventor, Entrepreneur, & Sailor," written with Josef S. Klus.
The way one handles one's money is a sensitive barometer of the moral mettle of a person and hence the very first question we are asked.
The trouble with kids these days is that they think luck counts more than they should. That’s the diagnosis of America’s young people offered by a New York Times opinion piece this past weekend. Generation Y has moved back home and given up on gung-ho because in these recessionary times, they’re putting too little weight on the importance of effort and too much weight on the riskiness of risk.
eBay is expanding its activity in Israel. The Internet consumer company said it will unite its two activity centers in Netanya and Tel Aviv into a development center, and will expand the center by recruiting computer engineers, industrial and management engineers, and information system engineers, Ynet reported Monday.
Delta Airlines removed the phrase "Occupied Palestinian Territories" from its list of Middle East destinations. The destination "Palestinian Territories" remained Wednesday after the airline reportedly received e-mailed and tweeted complaints.
At the very end of December, 2011, when the Sears Holding Company announced that up to 120 of its stores (both Sears Roebuck and Kmart) would be closing due to disappointing sales, the contrast with the spectacular career of Julius Rosenwald (1862-1932) could scarcely have been greater.
Rebecca Rothstein, a managing director at Morgan Stanley Smith Barney in Beverly Hills, focuses on helping high net worth and ultra-high net worth investors with estate, tax and financial planning. But she hasn’t always been a Barron’s top 100 financial advisor. A high-school dropout who went on to get her GED and an associate’s degree in design and merchandising, Rothstein started out as a buyer for the Robinson’s department store chain but left the job because it required too much time on the road away from her four young sons.
Jews have had a long and halcyon history with Chinese food. In many cities it’s tradition for Jews to spend Christmas at the movies, later eating at their favorite Chinese restaurant. So it’s no small feat that Los Angeles now has its first Jewnese food truck, and a kosher one at that.
The Hadassah Medical Center has not been able to pay its suppliers, an Israeli business daily has reported.
New York Times columnist Thomas Friedman said that he should have used a more "precise term" when he wrote that congressional ovations for Israeli Prime Minister Benjamin Netanyahu were "bought and paid for by the Israel lobby."
Israeli officials are stepping up their criticism of The New York Times, slamming columnist Thomas Friedman and arguing that the newspaper is an unfit venue for an Op-Ed from Prime Minister Benjamin Netanyahu.
Westfield, the world’s largest shopping mall empire founded by Holocaust survivor Frank Lowy, will welcome in Chanukah on three continents.
The Anti-Defamation League and a Reform movement group have expressed concern with a decision by Lowe’s to pull its ads from a show that depicted Muslims in a positive light.
Kosher Club, a warehouse-stye kosher market on Pico Boulevard, near La Brea Avenue, will close its doors on Friday, a victim of the competitive kosher retail industry in Los Angeles.
A good flight crew requires a certain amount of charm to keep passengers calm during turbulence, emergencies or pretzel shortages.
El Al Airlines said it is laying off 200 workers after a steep increase in fuel costs hit its bottom line.
The Anti-Defamation League criticized the New York ad campaign of Wodka vodka for reinforcing anti-Semitic stereotypes.
Warren E. Buffett is the second-richest person in the United States (after Microsoft’s Bill Gates), so when he purchased an Israeli-based stock not long ago, investors throughout the world sat up and took notice. What made it more newsworthy is that it was Buffett’s first major foray into overseas investing. Up to that point, he said he could always find good stocks here at home.