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"
Sanctions at ILA Haifa: Public reception has been suspended
A year after Haifa's Sail Tower was struck by an Iranian missile and staff relocated, the Finance Ministry cancelled their half-hour adaptation period.
Australian unicorn Airwallex plans expansion of Israel operations following $11 billion valuation
“Here in Israel, we remain committed to scaling our operations and increasing our investment in the Tel Aviv center," said Or Liban, head of the company’s Tel Aviv center.
Working from home? You are at high risk of layoffs
While everyone is afraid that AI will take their jobs, new data from Gallup points precisely to another group that stands out among those laid off: Employees who worked fully remotely.
Air Seychelles reopens Tel Aviv-Mahé route for Israeli travelers, flights to resume August 20
The airline’s Airbus A320 flights will offer economy and business class, including meals and a 30kg. baggage allowance.
Kramer opens the summer
Shlomo Kramer, CEO and founder of Cato Networks, celebrated the company's growth, which reached a valuation of $4.8 billion, at an elaborately produced summer party at Hangar 11.
Gerrer Hasid accused of massive fraud extradited to the US
After years of delays and legal proceedings in Israel, Michael Fein landed in New York and will stand trial in Missouri on suspicion of forging data and inflating budgets to obtain giant loans.
The Association for Civil Rights petitions against the tax benefits law for settlements
The petitioners claim that the criteria were artificially tailored while silencing the positions of the Tax Authority and the Budget Department, which opposed the move.
Employee fired after 7 years for taking home two board games
The court ordered the reinstatement of an employee who was fired under the claim that he stole two board games from the company, which he found in the restroom and the kitchenette.
The Asian restaurant group that is expanding when everyone else is closing
At the height of one of the most complex periods the restaurant world has ever known, Chen and Avichai Menachem never stop investing.
A company sued an employee claiming industrial espionage and fictitious sick days
The employee claimed that his wages were withheld and that he was fired via a WhatsApp message.
