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Cisco fires top Israeli execs for fudging books, discounts
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| By Galit Yemini |
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| In an unprecedented action, telecommunications equipment giant Cisco fired 5 members of Cisco Israel's senior staff - Davidi Ilan, acting CEO, chief sales manager Ezra Barnea, and three senior sales managers, Zvika Rosenthal, Ronen Zur and Zvika Cohen. |
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Union heads threaten Sept. 1 job actions
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| By Haim Bior |
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| The heads of the labor unions have threatened job actions if the government approves the state budget on Sunday without making changes, and decided at a meeting yesterday that the sanctions will take effect on September 1. |
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Mazuz may nix business-friendly antitrust panel head
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| By Ora Coren |
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| Attorney General Menachem Mazuz could torpedo Yoram Turbovitz's appointment to head the commission to amend the Antitrust Law. Industry and Trade Minister Ehud Olmert this week asked Mazuz for an exceptions permit to allow the appointment. |
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Sales of Savient flagship sink like a stone
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| By Shirley Yom-Tov |
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| The financial reports biotechnology company Savient filed show a company in serious trouble. They start with a transition to a huge net loss - $32 million the second quarter of 2004, compared to net profits of $1.2 million the preceding quarter. |
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IEC workers ready to challenge treasury
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| By Amiram Cohen |
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| Israel Electric Corporation workers are planning a work dispute over the treasury's proposal regulatory changes. The workers are angered by the Finance Ministry's intention to transfer the authority for planning and granting licenses for private electricity. |
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Clerks union chooses Clal, Harel pension insurance
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| By Haim Bior |
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| The Histadrut federation of administrative workers, the country's largest professional union with 230,000 administrative and services workers, is to insure new members with the Clal and Harel insurance companies' pension funds. |
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Chernoy buys $3m beach apartments in Herzlia marina
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| By Assaf Bergerfreund and Arik Mirovsky |
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Taking Stock / Round it out to zero
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| By Guy Rolnik |
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Pizza Meter chokes on NIS 125,000 fine
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| By Eynav Ben Yehuda |
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Farmers claim state proposal will boost cost of foreign labor
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| Itim |
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El Al to hike fares due to fuel prices
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| By Zohar Blumenkrantz |
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Netanyahu freezes gov't car purchases
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| By Moti Bassok |
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Former broadcast watchdog to take over Channel 2's Telad
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| By Ronny Koren-Dinar |
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State workers to pay for pension plans
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| By Shlomi Sheffer |
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Midroog puts Bezeq on downgrade watchlist
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| By Hertzel Laks |
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Market Report / Agis sinks as Tel Aviv wilts
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| By The Marker |
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