Calcalist

Documents obtained by the Ometz organization have revealed an unprecedented scale of nepotism within the Israel Police. Brigadier General Ronen Ovadia holds the record, with 22 relatives serving in the force.

An anarchy of hundreds of organizations providing PTSD treatment has emerged in Israel since October 7. Experts warn that the lack of uniform standards and professional oversight poses significant risks to patients.

The US government debt has reached $40.05 trillion, doubling over the past decade. The US Treasury Department announced the milestone 4.5 years after the debt crossed the $30 trillion threshold.

OpenAI CFO Sarah Friar told employees that the AI giant plans to go public by 2027, though this timeline could accelerate based on business growth. She emphasized that the potential earlier IPO of competitor Anthropic is not a cause for concern.

Creditors have taken control of MBS Group, a major supplier of production equipment for Hollywood studios, following its insolvency. The collapse highlights the ongoing impact of budget cuts across the entertainment industry.

Amid escalating Ukrainian drone attacks on Russian soil, cash withdrawals from banks have reached record highs. Citizens fear the Kremlin may nationalize deposits to fund the war, leading to liquidity issues across the financial sector.

The Israeli company Altel has reached the final stage of a tender for the operation and maintenance of Dubai's new Blue Line metro. The project, valued at over $2 billion, is scheduled to launch in 2029.

The board of directors of Dorad unanimously approved a dividend distribution of 250 million shekels. The Luzon Group, led by Amos Luzon, is set to receive 85 million shekels amid a deal to sell a portion of its shares to the Mor investment house.

UVision CFO Roni Barak has left his position amid the company's IPO preparations. He will be replaced by Eyal Rubin, the current CFO of Nasus Pharma.

A slowdown in data center growth, the impact of a strong shekel, and Meta's departure from the Azrieli Sarona tower weighed on Azrieli Group's second-quarter results.

Bank Jerusalem and Migdal have signed a joint financing agreement to establish a 400 million shekel credit line. The funds are intended for providing "jumbo loans" secured by residential real estate.

An experimental personalized cancer vaccine for melanoma from Merck and Moderna has shown positive preliminary results in its first late-stage trial. The combination therapy significantly extended the time patients lived without recurrence.

An experimental personalized cancer vaccine from Merck and Moderna has shown positive preliminary results in a Phase 3 trial. The combination therapy significantly reduced the risk of melanoma recurrence.

Amazon plans to expand its Prime Air drone delivery service to approximately 500 U.S. cities by the end of the year. This move signals a significant boost for the project initiated 13 years ago.

US President Donald Trump rebuked Secretary of Defense Pete Hegseth over a shortage of interceptors. This incident highlights the critical importance of logistics in maintaining operational readiness.

While the debate on AI often focuses on job displacement, a quieter issue is emerging: if artificial intelligence performs the tasks traditionally used for training, how will beginners gain the expertise needed to become future seniors?

As the Tishrei holidays approach, food chains are facing a severe labor shortage, with an estimated deficit of 3,000 cashiers. Despite efforts to increase wages and install self-service kiosks, the lack of personnel remains a systemic crisis.

The Israeli real estate market is hindered not only by macro factors but by outdated legal practices. Attorney Doron Levita argues for a shift toward flexible, adaptive contractual models.

Moshav Tsofar in the Arava has become an unexpected culinary destination. At the 'Arava' distillery, dates rejected for marketing are transformed into unique, high-quality spirits, including refined arak, gin, and brandy.

Acro ended the second quarter with 42 apartments sold, up from 34 in the previous quarter. The company reported a net profit of 20 million shekels, recovering from a 6 million shekel loss in the first quarter.

Arkia is launching a route to Marrakech, with Minister of Transport Miri Regev and senior ministry officials on board. The timing of the trip has sparked controversy due to the ongoing chaos at Ben Gurion Airport.

Amos Luzon is selling 20% of Luzon Energy shares, representing his stake in the Dorad power plant, to an institutional entity for 233 million shekels. The deal values the station at 4.4 billion shekels.

Shares of Unitree Robotics jumped by approximately 550% during their debut on the Shanghai STAR Market. The company raised $905 million in its IPO at a $9 billion valuation, with its market cap reaching nearly $65 billion.

Real estate company Oranim is entering the stock exchange to raise approximately 600 million shekels through a bond issuance for its "Oranim al HaYam" project in Rishon LeZion.

The Israeli airline Israir presented its results for the second quarter of 2026, reporting a loss of 35.5 million dollars. The results were impacted by flight cancellations during Operation "Roar of the Lion," rising fuel prices, and currency fluctuations.

Insurance giant Munich RE is acquiring the Israeli insurtech unicorn At Bay, which specializes in cyber insurance. The deal is estimated to be worth hundreds of millions of dollars.

The local foreign exchange market remains calm following the shekel's recent retreat. Bank of Israel Governor Amir Yaron stated that an interest rate cut at the September 1 meeting is not guaranteed.

Amit Gal, head of the Capital Market Authority, has questioned the involvement of the Meitav investment house in the company Orion. This move has sparked a debate over the limits of institutional activism and the balance between protecting savers and market structure.

Retail chain Yohananof is planning to spin off its real estate assets into a separate subsidiary. This strategic move aims to create business focus and prepare for a future IPO, ultimately maximizing the group's asset value.

In the documentary series "Money of Their Own" on Kan 11, successful Israeli entrepreneurs and executives discuss the barriers they faced on their path to the top.

Since the beginning of the month, the shekel has strengthened against the dollar by 3%, trading again below 3 shekels. Experts attribute this trend not to the weakness of the US dollar, but to the fundamental forces of the Israeli economy.

Approximately 82,000 young ultra-Orthodox men have been declared draft dodgers or are in the final stages of that process. They account for 81% of all individuals currently evading military service.

A trial against Meta has begun in a California federal court, with 29 states accusing the company of designing addictive social media platforms and violating children's privacy laws.

The National Public Transport Authority is launching a crackdown on the use of contract drivers. Operators will face fines of 10,000 shekels for every trip performed by drivers not directly employed by the company.

Electra has won the tender for the construction and operation of the fast lane on Highway 5. The project is estimated at 2 billion shekels and is expected to be operational by 2031.

The Likud primaries have resulted in 17 ministers and Knesset members leaving the legislature. All departing MKs will receive a substantial adjustment grant, reaching up to 312,000 shekels depending on their tenure.

OpenAI has launched a version of ChatGPT tailored for minors, featuring parental controls and enhanced security measures to mitigate risks associated with AI-driven chatbots.

The second quarter of 2025 marked the first full quarter in which Big Shopping Centers benefited from the Glilot complex. Net operating income (NOI) from Israeli assets jumped by 25%.

Disney has filed a federal lawsuit against the Trump administration's FCC, alleging a campaign of retaliation against ABC stations and a violation of First Amendment rights.

The Haifa District Court has canceled the Kiryat Yam Municipality's demand for 1.245 billion shekels in development levies from Rafael, ruling that the underlying calculations were flawed.