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Testimonials

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Sandro Rosell
FC Barcelona President
Thursday, July 20, 2017

Business

On Thursday, May 25, just two days before Sumner Redstone’s 94th birthday, the media mogul received an early gift.

Redstone and his family’s company, media giant Viacom, made a deal with Altice, to remain on its cable system that runs in 2.41 million households, according to a statement by both companies. 

The Post reports, “The news removed a major overhang on Viacom’s shares, given fears that the media conglomerate’s brands — including MTV, Nickelodeon and Comedy Central — could be dropped as its deal comes up for renewal next year.”

Thursday afternoon, after the deal was announced, within 10 minutes Viacom’s Class B shares climbed 4.5 percent.

Viacom agreed to use Altice USA’s audience data company Audience Partners to assist in

When Mor Cohen began her undergraduate studies at the Bezalel Academy of Arts and Design in Jerusalem, marketing do-it-yourself (DIY) jewelry sets was the furthest thing from her mind. Though she had always maintained an interest in personal fashion, she had set her professional sights on industrial design and planned to return to the Tel Aviv area after graduation to start a career.

Didn’t quite work out that way. As she neared the end of her degree program, she developed an interest in the

The billionaire founder and CEO of the hedge fund Pershing Square Bill Ackman is hoping for a turn around after two years of major losses. 

At an afternoon session in Las Vegas at the Skybridge Alternatives Conference, Ackman said, “I got something to prove.” He noted that when the fund was down 30 percent, humility kicked it. 

Ackman also talked about the bigger issues in the industry, beyond the problems of his own fund.

Ackman said, “The hedge fund industry is a little bit like the mall

JPMorgan Chase lists the “State of Palestine, Occupied” as a fraud-free country, while it deems Israel a scam-ridden state.

The Jerusalem Post reported Thursday that JPMorgan Chase allows debit card users to select “Palestine” as a visiting destination, so their cards will continue to work without problems, but does not list Israel.

The bank claims that Israel is unlisted due to a perceived high rate of fraud in the country.

A banker for JPMorgan Chase told the Post that he tried this week

When Uri Levin, the newly installed President & Chief Executive Officer of Israel Discount Bank New York (IDB Bank or IDB), describes his financial institution, he can’t suppress a smile. “IDB has such a unique culture of being personal, which is apparent both with our clients and also, internally, with our colleagues. We are large enough to give our clients whatever they need and small enough to offer them real personal service. IDB Bank is a full-service American bank with an Israeli