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Record value for financial assets: German private households are richer than ever
n-tv.de/wirtschaft/Deutsche-Privathaushalte-sind-so-reich-wie-nie-article24882901.html
Record value for financial assets: German private households are richer ...
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
  • German private individuals hold a net wealth of 7716 billion euros.

  • Stocks and investment funds saw significant gains in the last quarter.

  • Cash and bank deposits remain the largest component of wealth.

  • Household net wealth increases by 244 billion euros to 5560 billion euros.
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Fewer cars sold: Tesla plans to lay off around 14,000 employees: After a weak first quarter, CEO Elon Musk wants to lay off around 14,000 employees at the e-car ...
focus.de/finanzen/boerse/us-elektroautobauer-weniger-verkaufte-autos-tesla-will-rund-14-000-mitarbeiter-entlassen_id_259856387.html
Fewer cars sold: Tesla plans to lay off around 14,000 employees
Quick Glance: Tesla: Layoffs and Elon Musk's Reality Check
  • Tesla is planning a major layoff to prepare for the future.

  • Elon Musk's grasp on reality is questioned as Tesla performs mediocre in the automotive industry.

  • Tesla experiences a decline in revenue margin compared to other automakers.

  • The success of Tesla's future depends on the implementation of autonomous driving technology.
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Mother-of-four Angelina lives on citizen's income - and saves 1000 euros every month
focus.de/kultur/kino_tv/vierfach-mutter-angelina-bezieht-buergergeld-und-spart-jeden-monat-1000-euro_id_259858069.html
Mother-of-four Angelina lives on citizen's income - and saves 1000 euros ...
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Finance Minister Lindner (FDP): Germans work too little: Christian Lindner (FDP) says that the problem with the German economy is that too little work is being ...
focus.de/politik/deutschland/anderswo-wird-deutlich-mehr-gearbeitet-finanzminister-lindner-fdp-die-deutschen-arbeiten-zu-wenig_id_259868020.html
Finance Minister Lindner (FDP): Germans work too little
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First German city cannot supply new customers with electricity: too many heat pumps are putting a strain on the grid
fr.de/wirtschaft/viele-waermepumpen-belasten-netz-das-kein-strom-fuer-neukunden-in-oranienburg-zu-zr-93010219.html
First German city cannot supply new customers with electricity: too many ...
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Withdrawing money in supermarkets is becoming increasingly popular: expensive consequences for retailers
sueddeutsche.de/wirtschaft/bargeld-abheben-supermarkt-kosten-haendler-1.6559988
Withdrawing money in supermarkets is becoming increasingly popular: ...
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Volkswagen insists on e-fuels as a supplement to electric cars: Group CEO Oliver Blume expects the price of synthetic fuel to fall quickly and the business to ...
faz.net/aktuell/wirtschaft/unternehmen/volkswagen-pocht-auf-e-fuels-als-ergaenzung-zu-elektroautos-19649887.html
Volkswagen insists on e-fuels as a supplement to electric cars
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Temporary workers initially affected: Tesla separates from 300 employees in Germany
n-tv.de/wirtschaft/Tesla-trennt-sich-von-300-Mitarbeitern-in-Deutschland-article24882129.html
Temporary workers initially affected: Tesla separates from 300 employees ...
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AI video shows possible future of Germany after far-right election successes: Filmmakers are using an AI-generated video on YouTube to draw attention to the ...
welt.de/vermischtes/article251005344/KI-Video-zeigt-moegliche-Zukunft-Deutschlands-nach-rechtsextremen-Wahlerfolgen.html
AI video shows possible future of Germany after far-right election ...
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Asylum costs, remigration, SA slogan: the fact check on the TV duel with Höcke: In the TV duel, the Thuringian CDU candidate Mario Voigt wanted to confront his ...
focus.de/politik/deutschland/tv-duell-im-faktencheck-migration-wirtschaft-thueringen-so-oft-lagen-voigt-und-hoecke-daneben_id_259847298.html
Asylum costs, remigration, SA slogan: the fact check on the TV duel with ...
Quick Glance: Voigt accuses Höcke of 'dilly-dallying' after TV duel
  • Thuringia's CDU leader Mario Voigt defends public confrontation with AfD far-right extremist Björn Höcke as meaningful.

  • Voigt highlights differences between CDU and Höcke's far-right extremist group.

  • Poll shows 29% support for AfD in Thuringia despite Höcke's extremism.

  • Voigt advocates for reason and warns against chaos from exiting Euro and EU.
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Innovations: VW invests the most: Research spending: Germany is being left behind
sueddeutsche.de/wirtschaft/vw-amazon-forschung-innovation-1.6559809
Innovations: VW invests the most
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Tesla asks shareholders to help Elon Musk get paid $56 billion: Tesla's stock has slumped in 2024 amid concerns about middling demand for EVs
axios.com/2024/04/17/elon-musk-pay-package-tesla-delaware-court
Tesla asks shareholders to help Elon Musk get paid $56 billion
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
  • Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.

  • The company asserts that implementing the plan is crucial for Tesla's future growth.

  • Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
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Tesla is reportedly laying off ‘more than 10 percent’ of its workforce: Tesla is planning to lay off at least 14,000 employees, according to a leaked ...
theverge.com/2024/4/15/24130735/tesla-layoffs-10-percent-workforce-disappointing-sales
Tesla is reportedly laying off ‘more than 10 percent’ of its workforce
Quick Glance: Tesla to Cut 14,000 Jobs, Elon Musk Aims for Lean Brand
  • Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, in response to slowing demand and price pressure.

  • Elon Musk announced the 'difficult decision' in a memo, mentioning that Tesla had experienced role and function duplications in certain areas due to rapid growth in recent years.

  • The job cuts follow a difficult start to the year for the electric carmaker, citing production problems caused by unforeseen factors and a decline in global demand.

  • Tesla recorded a gross profit margin of 17.6% in the fourth quarter, the lowest in over four years, attributed to repeated price cuts and increased competition in China.
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Shortage of skilled workers in Germany: Lack of a welcoming culture, bureaucratic hurdles and right-wing populism: Many international skilled workers are now ...
deutschlandfunk.de/internationale-fachkraefte-deutschland-100.html
Shortage of skilled workers in Germany
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Traditional company closes plant - Over 500 jobs affected: “I’m shocked”: The Danish heat pump manufacturer Grundfos wants to close a German factory ...
fr.de/wirtschaft/traditionsunternehmen-schliesst-werk-grundfos-wahlstedt-waermepumpe-zr-93018180.html
Traditional company closes plant - Over 500 jobs affected: “I’m shocked”
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Chancellor in Shanghai - Scholz gives cannabis tips at a Chinese university: The chancellor's visit to China is all about the economy. But it is also about ...
stuttgarter-nachrichten.de/inhalt.kanzler-in-shanghai-scholz-gibt-an-chinesischer-uni-cannabis-tipps.60cc6c42-36b3-4c56-b4e8-6347fc580eb6.html
Chancellor in Shanghai - Scholz gives cannabis tips at a Chinese ...
Quick Glance: Scholz Organizes Crisis Diplomacy in China
  • Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.

  • China trip focusing on economy and geopolitical role, despite dilemma in relations.

  • Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.

  • Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
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Will Bitcoin Price Explode to $175,000? These facts are clear: Bitcoin halving could send price up 160%, with possible rise to $175,000.
boerse-online.de/nachrichten/rohstoffe/explodiert-der-bitcoin-preis-auf-175000-us-dollar-diese-fakten-sind-eindeutig-20354832.html
Will Bitcoin Price Explode to $175,000? These facts are clear
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Basic allowance increases: many pensioners no longer liable to pay tax: Almost a quarter of a million pensioners will no longer have to pay tax this year ...
tagesschau.de/inland/rente-steuern-grundfreibetrag-100.html
Basic allowance increases: many pensioners no longer liable to pay tax
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IMF: Germany remains at the bottom of the class among industrialized countries: In no other major industrialized country is the economy growing so slowly ...
sueddeutsche.de/wirtschaft/wirtschaftspolitik-weltwirtschaft-iwf-investitionen-christian-lindner-1.6557260
IMF: Germany remains at the bottom of the class among industrialized ...
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The world's leading manufacturer of packaging systems is insolvent: Illig GmbH, a world market-leading manufacturer of thermoforming and packaging systems ...
focus.de/finanzen/news/suche-nach-investor-und-frischem-kapital-weltweit-fuehrender-deutscher-hersteller-ist-insolvent-so-soll-es-jetzt-weitergehen_id_259843966.html
The world's leading manufacturer of packaging systems is insolvent
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Expert reveals: Bitcoin is worthless, but investors should still buy diligently: Stock market expert Heiko Thieme considers Bitcoin to be worthless ...
boerse-online.de/nachrichten/rohstoffe/experte-verraet-darum-ist-bitcoin-wertlos-aber-anleger-sollten-trotzdem-kaufen-20354282.html
Expert reveals: Bitcoin is worthless, but investors should still buy ...
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School: Children learn too little about economics and finance: According to a survey, German schoolchildren learn too little about investments and retirement ...
capital.de/wirtschaft-politik/schule--kinder-lernen-zu-wenig-ueber-wirtschaft-und-finanzen-34612166.html
School: Children learn too little about economics and finance
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Tesla to lay off more than 10 percent of its workers as sales slow: "Cost reductions and increased productivity" needed, says Musk.
arstechnica.com/cars/2024/04/tesla-to-lay-off-more-than-10-percent-of-its-workers-as-sales-slow/
Tesla to lay off more than 10 percent of its workers as sales slow
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Eurobarometer: What citizens think of the European Parliament: The image of the European Parliament is better than ever - but the differences between the ...
zdf.de/nachrichten/politik/ausland/eurobarometer-europaparlament-europawahl-100.html
Eurobarometer: What citizens think of the European Parliament
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Profile picture of Frankfurter Allgemeine Zeitung
Budget gap: bridge modernization will cost billions more: There is a gaping hole of almost 10 billion euros in the Autobahn GmbH's budget planning for the next ...
faz.net/aktuell/wirtschaft/luecke-im-haushalt-modernisierung-von-bruecken-kostet-weitere-milliarden-19636955.html
Budget gap: bridge modernization will cost billions more
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Second assignment in Austria: Böhmermann and Schulz commentate on the ESC again: After their first commentary assignment at the Eurovision Song Contest ...
n-tv.de/leute/Boehmermann-und-Schulz-kommentieren-wieder-den-ESC-article24858776.html
Second assignment in Austria: Böhmermann and Schulz commentate on the ESC ...
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Inflation : les nouvelles données sont un bon signal pour les consommateurs: Plus que 2,2 % ! Selon une première estimation, l'inflation a de nouveau ...
focus.de/finanzen/news/gespenst-der-inflation-verliert-an-schrecken-endlich-erloesung-neue-inflationsdaten-sind-ein-gutes-signal-fuer-verbraucher_id_259817068.html
Inflation : les nouvelles données sont un bon signal pour les ...
Quick Glance: Inflation down in German states, signaling national decline
  • Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.

  • Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.

  • German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.

  • An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
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Intel Announces Gaudi 3 AI Accelerator to Compete With Nvidia: Intel says its newest accelerator is superior to Nvidia's current H100 while costing much less.
extremetech.com/computing/intel-announces-gaudi-3-ai-accelerator-to-compete-with-nvidia
Intel Announces Gaudi 3 AI Accelerator to Compete With Nvidia
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German beverage manufacturer is insolvent - end for former flagship company: Hopes were once high, but the imbalance could no longer be corrected: A German ...
fr.de/wirtschaft/insolvenz-fuer-deutscher-getraenke-hersteller-geldgeber-springen-ab-93008702.html
German beverage manufacturer is insolvent - end for former flagship ...
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BMW and VW are more confident about e-cars again: BMW and VW are more confident about e-cars again - Mercedes has problems
sueddeutsche.de/wirtschaft/bmw-vw-mercedes-e-autos-verkehrswende-1.6538256
BMW and VW are more confident about e-cars again
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Germany's economy: 36 levels of humiliation for Christian Lindner: At a lecture in the USA, Federal Finance Minister Christian Lindner experiences a nasty ...
wiwo.de/my/politik/deutschland/standort-deutschland-36-stufen-demuetigung-fuer-christian-lindner/29760010.html
Germany's economy: 36 levels of humiliation for Christian Lindner
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European gas price rises to highest level since the beginning of the year: The price of gas has been rising significantly for a week now. This is also due to the ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/europaeischer-gaspreis-steigt-auf-hoechsten-stand-seit-jahresbeginn-19659458.html
European gas price rises to highest level since the beginning of the year
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Economist: Great wave of inflation is over: Inflation in Germany is falling to its lowest level for around three years. Energy and food prices are the main ...
fr.de/wirtschaft/volkswirt-grosse-inflationswelle-ist-vorbei-zr-93006049.html
Economist: Great wave of inflation is over
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Are electric cars tire eaters? E-car driver draws a clear conclusion: Tires on electric cars wear out faster than on combustion vehicles. An electric car driver ...
focus.de/auto/verschleissgrenze-nach-24-000-kilometern-erreicht-sind-elektroautos-reifenfresser-e-auto-fahrer-zieht-ein-deutliches-fazit_id_259861392.html
Are electric cars tire eaters? E-car driver draws a clear conclusion
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iPhone sales are plunging. Here’s why: Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply.
cnn.com/2024/04/15/tech/iphone-sales-plunging/
iPhone sales are plunging. Here’s why
Quick Glance: iPhone sales plummet. Here's why
  • Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.

  • Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.

  • The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.

  • Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
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Spargelzeit: Six things to know about the German love affair with asparagus: The start of spring marks a particularly joyful time in every Germans' calendar: ...
thelocal.de/20230413/spargelzeit-six-things-to-know-about-the-german-love-affair-with-asparagus
Spargelzeit: Six things to know about the German love affair with ...
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'Start early': Your best hacks for finding a rental home in Germany: From offering landlords extra money to posting on social networking sites ...
thelocal.de/20231221/start-early-your-best-hacks-for-finding-a-rental-home-in-germany
'Start early': Your best hacks for finding a rental home in Germany
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Mixed costing: What tradespeople need to know: Mixed costing is a good way to distribute costs and profits between wages and materials ...
deutsche-handwerks-zeitung.de/mischkalkulation-was-handwerker-dazu-wissen-muessen-317758/
Mixed costing: What tradespeople need to know
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A Syrian with an irrepressible will to integrate is Bavaria's best floor layer: Yasser Assany fled Syria in 2015. He has integrated in an exemplary manner ...
deutsche-handwerks-zeitung.de/ein-syrer-mit-unbaendigem-integrations-willen-ist-bayerns-bester-bodenleger-335427/
A Syrian with an irrepressible will to integrate is Bavaria's best floor ...