Delaware Chancery Court Chief Judge William B. Chandler III , who oversaw challenges to the Walt Disney Co. and Hewlett-Packard Co. boards as head of one of the most important U.S. business litigation courts, is stepping down. Chandler, 60, led the influential five-member court since 1997 and most recently ruled on Air Products & Chemicals Inc. ’s hostile $5 billion bid for Airgas Inc.
A few days ago, the chief of staff of the Israel Defense Forces, Benny Gantz, pushed back against the idea -- which has recently gained much currency among Iran- watchers -- that it was too late for his country to act alone against Iran’s nuclear facilities, should sanctions, subterfuge and diplomacy fail.
Israeli ground forces are poised to invade the Gaza Strip for the first time in almost four years amid efforts by Egypt and Turkey to help end exchanges of fire that have killed 96 Palestinians and three Israelis.
Iscar Metalworking Cos., the Israel- based firm owned by Warren Buffett’s Berkshire Hathaway Inc., can withstand the Gaza conflict and tensions in Syria and Lebanon to the north, said unit Chairman Eitan Wertheimer.
Israel is re-examining its five-year military modernization plan to make the best use of the $3.1 billion in U.S. military aid it receives each year, in light of the threat posed by Iran and the Obama administration’s offer to provide additional advanced weaponry.