By Shlomi Ella On Sunday, June 18th, 2017

Israeli Cabinet Approve Bill to Destroy Binary Options Industry

In 2016 Israel Securities Authority banned trading in binary options for Israeli customers. On Sunday the cabinet approved a new bill extending the ban to overseas customers by online trading firms based in Israel. More...

By Shai Genish On Wednesday, March 15th, 2017

Corruption Scandal: 13 Suspects Arrested in Israel Aerospace Industries (IAI)

  Police arrested 13 suspects on Wednesday as part of a months-long undercover investigation into corruption in Israel Aerospace Industries (IAI). According to police, the suspects include several Israel Aerospace More...

Marc Mezvinsky closes Hedge fund
By Jewish Business News On Wednesday, February 8th, 2017
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Clinton Son in Law Marc Mezvinsky Closes Hedge Fund

Marc Mezvinsky,, the son in law to both Bill and Hillary Clinton, has closed his hedge fund. Have you ever heard of Marc Mezvinsky? That’s OK, neither did we. To us he’s just the Jewish guy who happened More...

Nordstrom removes Ivanka Trump Collection
By Jewish Business News Correspondent On Friday, February 3rd, 2017

Ivanka Trump Dumped by Nordtroms

The Ivanka Trump Collection has been dropped bu Nordtrom department stores. The luxury retail outlet will no longer carry the brand named for America’s First Daughter. The Collection was removed from the More...

American Apparel lay offs
By Gil Tanenbaum On Thursday, January 19th, 2017

End of an Era: American Apparel Lays Off Just About Everyone

Say goodbye to American Apparel. The company which was founded by Dov Charney is laying off just about everyone. The clothing brand was one of the few to actually employ Americans, having a factory in Los Angeles. More...

By Shai Genish On Tuesday, January 10th, 2017

End of a Saga: American Apparel Sold in Auction to Gildan for $88 Million Bid, Report

American Apparel  will be sold to Canadian manufacturer of branded clothing,  Gildan Activewear, for $88 Million. Gildan was the high bidder Monday in a bankruptcy auction ordered by the court, Reuters reported More...

By Shai Genish On Thursday, December 29th, 2016

GAP Closing Down in Israel

  Israeli largest retail franchise group Trimera Brands has announced that it plans to close down the GAP retail chain in Israel during 2017. The group owned by Joey Schwebel (about 50%) with retail operations More...

By Shai Genish On Wednesday, December 21st, 2016

Sir Philip Green Would Face a £1 Billion Bill for the BHS Pension Scandal

The Pensions watchdog should get ‘nuclear deterrent’ powers that would let it fine billionaire Topshop owner Sir Philip Green £1 billion, MPs say, according to British media. A cross-party Commons More...

American Apparel lay offs
By Gil Tanenbaum On Tuesday, November 15th, 2016

American Apparel Files for Bankruptcy — Again!

  American Apparel, the clothing company founded by Dov Charney, is in bankruptcy for a second time in less than a year. The company filed for chapter 11 bankruptcy protection on Monday. The company reported More...

American Apparel lay offs
By Gil Tanenbaum On Thursday, November 3rd, 2016

Dov Charney’s American Apparel Sinking Fast

American Apparel, the clothing company founded by Dov Charney, may be headed into bankruptcy — again. This just nine months after getting out of bankruptcy. Its stock is selling at all of $0.11 as of More...


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