DIRS.INFO The most relevant business & tech news

☆ Here comes the biggest week of earnings. Plus an AI ode to the Dow
▼ + stars: | 2023-01-28 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

While only six companies in the Dow Jones Industrial Average are reporting next week, about 20% of the S & P 500 reports, making it the biggest week of earnings this season. The Dow and the S & P 500 gained 2.2% and 2.9% this week, respectively, while the Nasdaq Composite rose 4.7%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Jerusalem Attack: Shooting at Synagogue Kills Seven People
▼ + stars: | 2023-01-27 | by ( Dov Lieber | Aaron Boxerman | ) www.wsj.com time to read: 1 min

Victims at the scene of a shooting attack on Friday that authorities said was carried out by a Palestinian resident of East Jerusalem. JERUSALEM—At least seven people were killed and five were injured Friday night when a Palestinian gunman opened fire in a Jerusalem synagogue, in what authorities said was a terrorist attack. The shooter was killed at the scene in a Jewish neighborhood of East Jerusalem, Neve Ya’akov, and a large police force responded, Israeli authorities said.

☆ Israel’s Tech Sector Says Judicial Overhaul Could Hurt Economy
▼ + stars: | 2023-01-27 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

Tech-company workers in Tel Aviv block a road in protest of the government’s plans to change the judicial system. TEL AVIV—Israel’s technology sector is pushing back against the new government’s planned judicial overhaul, saying the proposed changes are spooking investors worried about economic stability, the independence of the courts and a right-wing legislative agenda. This week, a large Israeli software company said it would move its money out of Israel and the general partner of two venture-capital firms said future money raised could be kept abroad.

☆ Israel’s Judicial Reforms Could Strengthen Religion’s Role in Public Life
▼ + stars: | 2023-01-23 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

Protesters take to the street to oppose the Israeli government’s judicial-reform plan, which could allow the passing of laws permitting discrimination against LGBT people. TEL AVIV—For three weekends now, tens of thousands of Israelis have taken to the streets of Tel Aviv and other cities to protest Prime Minister Benjamin Netanyahu’s plans to weaken the Supreme Court, which would allow his conservative government to strengthen the role of religion in public life. Banners across the city center on Saturday called for the end of Mr. Netanyahu’s carefully assembled coalition, the most right-wing and religious government in Israel’s history, over the planned overhaul. Some 100,000 people turned out, making it one of the biggest protests in years.

☆ Israel’s Netanyahu Fires Key Ally in Challenge for New Government
▼ + stars: | 2023-01-22 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

The leader of Shas party, Aryeh Deri, has been dismissed from his cabinet positions. TEL AVIV—Israeli Prime Minister Benjamin Netanyahu fired a crucial ally from his cabinet after the country’s supreme court annulled the appointment, leaving the stability of the newly sworn-in coalition in question. Israel’s Supreme Court ruled last week that the ministerial appointment of Shas party leader Aryeh Deri was “extremely unreasonable” in light of his conviction last year for tax evasion. The court also noted his subsequent promise to quit political life as part of a plea deal and his conviction two decades ago on bribery, fraud and breach-of-trust charges while in office, for which he served nearly two years in prison.

☆ Israel’s Ben-Gvir Orders Police to Remove Palestinian Flags From Public Spaces
▼ + stars: | 2023-01-10 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

‘We will fight against terrorism and the encouragement of terrorism with all our might,’ said Israel’s National Security Minister Itamar Ben-Gvir. TEL AVIV—Israel’s National Security Minister Itamar Ben-Gvir has ordered the police to remove Palestinian flags from public spaces, the latest in a series of measures by the country’s new government that threatens to escalate tensions with Palestinians. Palestinian flags aren’t illegal in Israel, but Israeli security forces have the right to remove them from public spaces if deemed a danger to public order. Mr. Ben-Gvir’s directive against a rallying symbol for many Palestinians comes during a period of deadly violence in the occupied West Bank.

☆ Israel’s Ben-Gvir Orders Police to Remove Palestinian Flags From Public Space
▼ + stars: | 2023-01-09 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

‘We will fight against terrorism and the encouragement of terrorism with all our might,’ said Israel’s National Security Minister Itamar Ben-Gvir. TEL AVIV—Israel’s National Security Minister Itamar Ben-Gvir has ordered the police to remove Palestinian flags from public spaces, the latest in a series of harsh measures by the country’s new right-wing government targeting the Palestinians that threaten to escalate tensions. Palestinian flags aren’t illegal in Israel, but Israeli security forces have the right to remove them from public spaces if deemed a danger to public order. Mr. Ben-Gvir’s directive against a rallying symbol for many Palestinians indicates the ruling coalition’s hard-line leanings as it deals with a period of deadly violence between the two sides.

☆ Israel’s Powerful New Finance Minister Aims to Entrench Israeli Rule in West Bank
▼ + stars: | 2023-01-04 | by ( Dov Lieber | Aaron Boxerman | ) www.wsj.com time to read: 1 min

JERUSALEM—Israel’s new finance minister, the leader of the country’s far-right Religious Zionism party and an advocate of outright annexation of at least parts of the West Bank, said he plans to spend billions of dollars building infrastructure and investing in Jewish settlements in the territory. “We will lead the development, formalization and strengthening of our grip in these areas of our homeland, Judea and Samaria,” said Bezalel Smotrich as the new government was sworn in last week, using the biblical name for the West Bank.

☆ Israel's Bank Hapoalim freezes mortgage rates for hard-hit homeowners
▼ + stars: | 2023-01-01 | by ( Steven Scheer | ) www.reuters.com time to read: +1 min

JERUSALEM, Jan 1 (Reuters) - Israel's Bank Hapoalim (POLI.TA) will not pass on to customers the central bank's next increase to interest rates, it said on Sunday, citing the struggles of homeowners faced with higher mortgage payments amid a broad spike in the cost of living. Hapoalim, one of Israel's two largest banks, said customers who have difficulty making mortgage payments will not have to pay extra and that it will leave the prime rate for them at 4.75% for now. The move is valid for one year for existing customers that have a mortgage linked to the prime rate and meet a number of criteria, the bank said. Hapoalim Chief Executive Dov Kotler put the number of customers who would benefit from the freeze at more than 10,000. In November Moshe Gafni, the head of the Israeli parliament's powerful finance committee, criticised a wave of central bank increases to interest rates and proposed legislation to shield mortgages.

JERUSALEM— Benjamin Netanyahu was sworn in for the sixth time as prime minister of Israel on Thursday, having been propelled back to the premiership by a coalition of ultranationalist and religious parties that will wield unprecedented power. Mr. Netanyahu’s coalition aims to expand Israeli settlements in the occupied West Bank, give lawmakers greater control over the top court and make changes to matters of religion and state. His coalition will include six right-wing parties, five of which are religiously conservative, and will control 64 of 120 seats in the Israeli parliament, or Knesset. The new government is set to be the most right wing in Israel’s history, according to political analysts, and caps a decadeslong rightward shift among the electorate.

☆ Israel’s Benjamin Netanyahu Says He Can Form a Government, Bringing Him Closer to Return to Power
▼ + stars: | 2022-12-22 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

Israel’s incoming Prime Minister Benjamin Netanyahu told the country’s president that he will be able to form a government, bringing him closer to a return to power, though challenges remain. Mr. Netanyahu on Wednesday told President Isaac Herzog that he has enough support from lawmakers to form a governing coalition, a necessary step in Israel’s parliamentary system before he can take over as prime minister. Still, Mr. Netanyahu needs to finish coalition agreements with all his partners, which he has yet to publicly announce, and seal the deal with a confidence vote in parliament.

Salah Hammouri arrives in Paris after his extradition. EAST JERUSALEM—Israel deported Salah Hammouri, a Palestinian-French lawyer, to France on Sunday, marking the first time Israel has relied on a recent law that permits revoking the residency status of Palestinians in East Jerusalem for a “breach of allegiance” to the state. France condemned the deportation and called it illegal under international law.

Western and Middle East security officials have concluded that a three-month-old Iranian protest movement represents a lasting drive for change that will challenge the foundations of the Islamic Republic but isn’t an immediate threat to the government in Tehran. The security officials said the protest movement’s durability was surprising, given how quickly the Iranian government put down demonstrations in 2009, 2017 and 2019. Protests erupted in September after the death of a young woman detained for allegedly violating Iran’s female dress code and quickly transformed into demands for the end of the Islamic system that has ruled the country for 43 years.

☆ Benjamin Netanyahu Seeks New Israeli Laws to Satisfy Political Allies’ Demands
▼ + stars: | 2022-12-14 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

Benjamin Netanyahu, seated in red tie, is pushing a law that would allow his ally Aryeh Deri, standing, to serve in the cabinet. TEL AVIV— Benjamin Netanyahu is shepherding through Israel’s parliament several laws that would codify the unusual agreements he has made with coalition partners in exchange for their support, the final hurdle in his comeback bid as prime minister. One such law would grant Aryeh Deri , an ultra-Orthodox Jewish politician and Netanyahu ally convicted less than a year ago of tax evasion, a workaround to the prohibition on convicts serving in the cabinet. The law would allow people recently convicted of crimes to serve as ministers if they had suspended jail terms and didn’t serve time in prison, like Mr. Deri. Mr. Netanyahu has pegged Mr. Deri for three different ministerial positions: health, interior and alternating finance minister.

☆ Core holding Honeywell is a recession-resilient industrial for 2023, Bank of America says
▼ + stars: | 2022-12-13 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Club holding Honeywell (HON) is a diversified industrial giant that's well-positioned to weather a potential recession in the U.S. next year, according to Bank of America. Bank of America on Monday chose Honeywell as one of 7 top industrial picks for 2023, calling the conglomerate a "top-tier operator." "The company has strong pricing power... and has offset supply chain shortages and Russia-related headwinds," BofA analysts wrote in a research note. We also see its product volume improving as supply chain disruptions ease. An aircraft engine is being tested at Honeywell Aerospace in Phoenix.

☆ Teen Palestinian Girl Killed During Shootout Between Israeli Forces, Militants
▼ + stars: | 2022-12-12 | by ( Dov Lieber | Aaron Boxerman | ) www.wsj.com time to read: 1 min

Palestinians inspect the area where the girl, who was 15 or 16 according to Palestinian authorities, was shot. JERUSALEM—A teenage Palestinian girl was fatally shot Monday during a gun battle between Israeli soldiers and Palestinian militants, adding another young casualty to the bloodiest year in decades at the occupied West Bank. The Israeli military said that it raided the Palestinian city of Jenin in the northern West Bank early Monday morning and that its forces were attacked by militants, who shot at them and hurled explosive devices. Its soldiers returned fire, it said.

☆ Israel’s Supreme Court Strikes Down Appointment of Key Netanyahu Ally
▼ + stars: | 2022-12-12 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

Tel Aviv—Israel’s Supreme Court struck down the appointment of a minister who is a critical ally of Prime Minister Benjamin Netanyahu, dealing an early challenge to the newly sworn-in coalition government. The judges found the appointment of Shas leader Aryeh Deri as a minister “extremely unreasonable” in light of his conviction last year for tax evasion. They noted his subsequent promise to quit political life as part of a plea deal, and his conviction two decades ago on bribery, fraud and breach of trust charges while in office, for which he served nearly two years in prison.

☆ Here are Monday's biggest analyst calls: Apple, Netflix, Disney, Microsoft, Robinhood, Gap & more
▼ + stars: | 2022-12-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Stifel names Microsoft a top 2023 pick Stifel said it likes Microsoft's "strong product portfolio" for 2023. Goldman Sachs downgrades Ulta to neutral from buy Goldman said in its downgrade of the stock that it sees difficult comps. Evercore ISI names Netflix a top idea for 2023 Evercore said it sees "robust revenue growth" for Netflix in 2023. " Goldman Sachs upgrades Gap to buy from neutral Goldman said in its upgrade of the stock that it sees accelerated earnings growth. Cowen names Take-Two a top 2023 pick Cowen said the video game maker has a great "long-term track record."

☆ As Israel’s Left Suffers Defeat, So Does Two-State Solution
▼ + stars: | 2022-12-06 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

KIBBUTZ TZUBA, Israel—For decades, Israel’s left wing championed a Palestinian state side by side with a Jewish nation, keeping alive the idea even as it declined in popularity. Now, the left’s crushing defeat in last month’s election has dealt a punishing blow to those still committed to the so-called two-state solution. This kibbutz, or collective community, located on the lush hills outside of Jerusalem, is still a bastion of support for the socialist ideals of Israel’s founders. But even here, support for left-wing parties has plummeted, a decline many residents attribute to the failure of previous Israeli governments to achieve a solution to the longstanding conflict with the Palestinians.

☆ Some Trump Jewish Allies at Breaking Point After Kanye West, Nick Fuentes Meeting
▼ + stars: | 2022-12-04 | by ( Aaron Zitner | ) www.wsj.com time to read: 1 min

Dov Hikind has said that the image of any political leader will suffer for failing to sever ties with former President Donald Trump. Dov Hikind, a prominent Jewish leader in Brooklyn, endorsed Donald Trump for president in 2020. After Mr. Trump’s recent dinner with two prominent promoters of anti-Semitic rhetoric, Mr. Hikind said he won’t support Mr. Trump again. “It is over, it is finished,” Mr. Hikind, whose 36-year run as a state lawmaker ended in 2018, said of his support for the former president. He has disqualified himself from any of us supporting him ever again.”

☆ Israel’s Benjamin Netanyahu Seals Key Coalition Deal With Ultranationalist Ally
▼ + stars: | 2022-12-01 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

TEL AVIV—Israel’s Benjamin Netanyahu signed a deal on Thursday to give an ultranationalist religious party oversight over the construction of West Bank settlements, a move that brings him closer to forming what could be the country’s most right-wing and religious government in its history. A minister from the Religious Zionism party led by Bezalel Smotrich will be placed within Israel’s Defense Ministry and be responsible for settlements inside the occupied West Bank, according to Mr. Netanyahu’s Likud party. The party said the minister from Religious Zionism in charge of settlements would need to act in coordination and with the approval of Mr. Netanyahu.

☆ Two Explosions in Jerusalem Kill One, Injure 26
▼ + stars: | 2022-11-23 | by ( Dov Lieber | Fatima Abdulkarim | ) www.wsj.com time to read: 1 min

TEL AVIV—Two explosions near bus stops in Jerusalem early Wednesday killed at least one person and injured 26 others, according to Israeli police and medical officials, the first bombing in Jerusalem since 2016 in what security officials suspect was an organized terrorist attack. One of the explosions occurred near a bus stop located at the entrance to the city in Givat Shaul at around 7 a.m. local time, and a half-hour later a second explosion occurred near a bus stop at a separate entrance to the city located at Ramot Junction.

☆ Two Explosions in Jerusalem Injure at Least 12
▼ + stars: | 2022-11-23 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

Israeli forensic experts at the scene of an explosion in Jerusalem. TEL AVIV—Two explosions near bus stops in Jerusalem early Wednesday injured at least 12 Israelis, four seriously, according to Israeli police and paramedics. One of the explosions occurred near a bus stop located at the entrance to the city in Givat Shaul at around 7 a.m. local time, and a half-hour later a second explosion occurred near a bus stop at a separate entrance to the city located at Ramot Junction.

☆ Two Explosions in Jerusalem Kill One, Injure 18
▼ + stars: | 2022-11-23 | by ( Dov Lieber | Fatima Abdulkarim | ) www.wsj.com time to read: 1 min

Israeli forensic experts at the scene of one of the explosions in Jerusalem on Wednesday. TEL AVIV—Two explosions near bus stops in Jerusalem early Wednesday killed at least one person and injured 18 others, according to Israeli police and medical officials, the first bombing in Jerusalem since 2016 in what security officials suspect was an organized terrorist attack. One of the explosions occurred near a bus stop located at the entrance to the city in Givat Shaul at around 7 a.m. local time, and a half-hour later a second explosion occurred near a bus stop at a separate entrance to the city located at Ramot Junction.

☆ Israeli Pilgrims’ Attack on Palestinians Draws Condemnation
▼ + stars: | 2022-11-20 | by ( Dov Lieber | Fatima Abdulkarim | ) www.wsj.com time to read: 1 min

Israeli security forces were deployed during the riot in the West Bank city of Hebron on Saturday. TEL AVIV—A riot by Jewish pilgrims in the West Bank city of Hebron over the weekend drew widespread condemnation with Palestinian leaders warning that the incoming right-wing Israeli government could cause further instability in the West Bank. Ambassador to Israel Tom Nides called the riot abhorrent and called for a rapid de-escalation of the situation. Outgoing Israeli Prime Minister Yair Lapid called the events, in which one Israeli soldier was injured, a “national disgrace.” Israeli Defense Minister Benny Gantz condemned the attacks on Palestinians and Israeli forces, and said those responsible would be held accountable. Incoming Prime Minister Benjamin Netanyahu issued no statement about the violence in Hebron and his spokesman didn’t respond to requests for comment.

Search resuls for: "Dov"

25 mentions found