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The start-up company AVO, which operates a grocery and consumer goods delivery service, is laying off about 500 of its 750 employees worldwide - about two-thirds of its workforce. In Israel, the company employed about 500 employees, of whom about 350 will be fired. In addition, the company completely stopped all shipping activities for private consumers, which was aimed at residential buildings and included about 1,000 buildings in Israel in cities such as Petah Tikva, Ramat Gan, Tel Aviv and Ashdod. Now the company will focus only on activities with businesses - that is, deliveries to...

43 employees were killed in work accidents in the first half of 2019 - an increase of 30% over the same period last year, and the highest figure for this period in the last five years. Kav La'Oved, a report published by the Kav LaOved organization, is working to eradicate the scourge of work accidents in general and in the construction industry in particular. The main cause of fatal work accidents is falls from heights - with about 40% of these accidents. The second factor is the fall of heavy objects - with 26% of the fatal accidents, and the third of the injuries to vehicles (18%) most...

Seagate a leading manufacturer of storage and data management solutions in the world, officially opening the Lyve Labs Innovation Center in Israel. The goal of Seagate Lyve Labs in Israel is to collaborate with high-tech companies and enable innovation through simple, secure and effective means of working with databases and large amounts of data. This giant international initiative will enable the smooth flow of information across various systems and optimize their business value in-flight as well as at-rest

Intel's suppliers recently received notices of contract cancellations, halting equipment and material supplies for the expansion of the company's new factory. The Ministry of Finance was aware of Intel's decision to halt the expansion

Tens of thousands of protesters gathered at Kaplan Junction in Tel Aviv tonight for their weekly demonstration against the government's legal reforms, the controversial draft exemption law, and the ongoing situation of the 100 Israeli hostages still held in Gaza. The protest, which began with a march from Habima Square, was marked by strong speeches from opposition leaders and public figures, who continued to express their outrage over what they view as the government’s failure to address the country’s most pressing issues

Good news for Enlivex, which is traded on the stock exchange at a value of NIS 394 million. The company achieved positive intermediate results in a Phase 2 clinical trial in corona patients in a difficult and critical condition, which they treated using the drug Allocerta. Of the eight corona patients who were recruited for the trial, six in critical condition and two in critical condition, seven fully recovered and were discharged from the hospital after less than five days on average from the date of treatment. The eighth patient who was recruited in a critical condition for drug...

The fourth lottery of the "Discount Apartment" program, which was promoted by outgoing Minister of Construction and Housing Ze'ev Elkin, is underway - just before the government's swearing-in, probably tomorrow. According to a report by the Ministry of Construction and Housing and the Israel Lands Authority, approximately 6,000 discounted housing units will be raffled in 13 localities: Jerusalem, Ashdod, Haifa, Yehud-Monson, Ramla, Kadima-Zoran, Ofakim, Sderot, Nahariya, Nof HaGilil, Elkana, Horns of Samaria and Immanuel

The Prime Minister succeeded in bringing about the removal of the chairwoman of the Corona Committee in the Knesset, MK Yifat Shasha Bitton. This is because it did not align itself with the government's decisions and approved the easing contrary to Netanyahu's opinion. Reminds you of Turkish President Tayyip Erdogan that democracy is not his strong suit? After a stormy faction meeting, shouts and exchanges between MKs and Likud ministers over a breach of coalition discipline - including a vote on the law banning conversion therapy - the sanctions came on Tuesday. Coalition Chairman Miki...

Egged announced that it won the public transportation cluster in the area surrounding West Jerusalem. The shares of the Keystone Fund, the controlling shareholder of Aged (60%), rose by 1.2% with the publication of the announcement on the Tel Aviv Stock Exchange. Egged won the Eshkol to operate intercity bus lines between Bnei Brak and Jerusalem, Rosh Ha'Ein to Jerusalem, Petah Tikva to Jerusalem and urban and suburban lines in the western outskirts of Jerusalem (Mebasheret Zion and Givat Ze'ev). The company estimates that the revenues resulting from the operation of the cluster will reach...