PreviousYahya SINWAR

Struggling New York Community Bancorp said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors earlier this year. The bank said the cuts amount to 8% of its head count. It’s also selling its mortgage-servicing business to mortgage company Mr. Cooper, which will mean trimming another 1,200 employees from its payroll. Most of those employees will be offered the chance to transfer to Mr. Cooper, NYCB said.

Since the start of Sukkos, the IDF has suffered the loss of eights soldiers in separate incidents. The first tragedy occurred on the first night of Sukkos, when five soldiers from the Golani Brigade’s reconnaissance unit were killed during operations in southern Lebanon. The soldiers were identified as Maj. Ofek Bachar, 24, from Nes Ziona; Cpt. Elad Siman Tov, 23, from Tzofim; Staff Sgt. Elyashiv Eitan Wieder, 22, from Jerusalem; Staff Sgt. Yakov Hillel, 21, from Jerusalem; and Staff Sgt.