PepsiCo will pay $244 million to fully own the Sabra and Obela brands, which have the largest market share of refrigerated fresh hummus in the US.
The State Comptroller reports that cars using the fast lane and passengers on shuttle buses are both in decline, triggering state subsidies for the operator, yet three more fast lanes are being built. Transport & infrastructure
The Ministry of Defense is expanding deployment of a new generation of drones, already used extensively in the Russia-Ukraine war. Aerospace & defense
Sequoia Capital partner Shaun Maguire tells "Globes" why the venture capital fund has resumed operations in Israel since the start of the war, after closing its office here in 2016. Start ups
According to Brown University's Watson Institute, the US provided Israel with $17.9 billion military aid in the first year of the war, well above the annual $3.8 billion in aid the US has formally agreed to grant Israel. Aerospace & defense
Analysts are bullish on Teva, which is once again Israel's most valuable company, due to an improved US generics price environment and promising branded drug pipeline. Healthcare
US-based Iranian human rights journalist Masih Alinejad has survived assassination and kidnap attempts and tells "Globes" that most Iranians want peace with Israel. Politics
Alternative investments manager Hamilton Lane co-CEO Juan Delgado says Israel’s lower valuation environment provides ideal investment opportunities. Financial services
What Israelis need to know about the Labour government's first budget. Economy
Elad Raz, CEO of Israeli chip unicorn NextSilicon insists that the company's new Maverick chip beats Nvidia's chips in terms of performance-to-power-consumption ratio. Start ups
Iron Beam, which unlike rival laser systems can intercept a cruise missile, has gone into serial production. "Globes" examines the implications for Israel's air defenses. Aerospace & defense
Recommendations by the Supervisor of Banks to allow more banking competition would grant even more business to Israel's already powerful insurance companies. Financial services
"Globes" examines why prices have risen 40% over the past year for the healthy, delicious and traditional staple. Economy
This year's crop includes technologies from underground mapping to metabolism monitoring to autonomous tractors, and of course features plenty of AI. Start ups
Can Teva sustain its comeback?