Categories
Health

Tesla boss Musk overtakes Bill Gates in billionaire ranking | Free Press

In a single day, Tesla boss Musk’s fortune grew by $ 7.2 billion thanks to rising Tesla prices. Now he is considered the second richest person in the world.

New York (AP) – US electric car maker Tesla’s rally on the stock market is causing company chief Elon Musk’s assets to continue to rise.

According to the “Bloomberg Billionaires Index” ranking of billionaires, the 49-year-old star businessman surpassed Microsoft co-founder Bill Gates and is now the second richest person in the world.

Thanks to the sharp rise in Tesla’s share price by 6.5 percent, Musk’s fortune rose in a single day by 7.2 billion to 127.9 billion dollars (108 billion euros). Since the beginning of the year, it has already grown a whopping $ 100.3 billion.

Gates recently hit $ 127.7 billion on the Bloomberg super-rich lists. Your fortune would be significantly higher if you didn’t donate that much money. At the top of the list of billionaires remains the undisputed head of Amazon, Jeff Bezos, whose fortune is estimated at $ 182 billion by the “Bloomberg Billionaires Index.”

As the main shareholders of their companies, Musk and Bezos benefit above all from their strong price performance on the stock market. Tesla’s stake has risen 675 percent in the last twelve months. With a market value of just under $ 500 billion, the group is by far the most highly-traded automaker in the world, despite relatively low production figures and modest profits.

Figures from billionaires charts, such as the Bloomberg Billionaires Index or Forbes lists, are only estimates based on publicly available information about assets such as stocks, real estate, art objects, and other luxury items. On Forbes’ list of billionaires, Musk is fourth with a fortune of $ 110.5 billion.

Categories
Health

SPD Accuses Union of Blocking Cargo Network Expansion | Free Press

According to the industry, there is currently one charging point for every 13 electric cars. In just six months, probably 20 cars would have to share one. The SPD also holds the coalition partner Union responsible for this.

Berlin (dpa) – The SPD has accused the coalition partner Union of blocking the expansion of the charging network for electric cars. The vice-chairman of the SPD parliamentary group, Sören Bartol, said the Union was delaying the start of public charging stations.

Specifically, it is the Building Electromobility Infrastructure Law (GEIG) and the expansion of the line and charging infrastructure for electric mobility in the building sector.

Parliamentary deliberations on a bill drag on. Therefore, the coalition is implementing the EU requirements. However, in a letter to Union colleagues, SPD members criticize that the Union only wants a 1: 1 implementation of the EU’s minimum standards. The “Süddeutsche Zeitung” reported on it first.

The GEIG is an important law, because private charging infrastructure is the crucial bottleneck for the transformation of the auto industry, it says in the letter. “If we want to remain competitive and remain a leader in technology, we, as the world’s largest automotive nation, must and want to make courageous and steady progress on this issue.”

Bartol said: “We are the country with the highest ambition and the most efficient industry in electric vehicles, and the Union is holding back this development.” The chancellor promised companies billions for electric mobility and her ministers and her parliamentary group prevented the transformation because there was no infrastructure.

Categories
Health

Takata Airbags: GM has to recall 5.9 million vehicles | Free Press

Takata supplier airbags may not function properly. Therefore, the largest US automaker has to order numerous trucks and SUVs from workshops. In figures: 5.9 million vehicles.

Washington / Detroit (dpa) – The largest US automaker, General Motors (GM), has to order numerous pick-up trucks and SUVs from workshops due to possibly defective airbags from supplier Takata.

The US traffic regulator NHTSA on Monday ordered the recall of about 5.9 million vehicles. GM now has 30 days to come up with a plan to inform affected car owners in the US and resolve the issues. This recall campaign is likely to be extremely costly for the auto company.

GM was disappointed with the agency’s decision. “We do not believe that a withdrawal is appropriate,” he said in a statement. However, the order will be followed. According to the US media, the action will cost GM about $ 1.2 billion (EUR 1 billion). A company spokesperson did not want to confirm this at first. GM has tried to avoid a recall for years. Specifically, these are pick-up and SUV models of the Cadillac, Chevrolet and GMC group brands from 2007 to 2014.

Defective Takata airbags have been causing problems in the auto industry for years, leading to the largest recall of cars in the US In addition to GM, other automakers are also affected, including German manufacturers such as Audi and BMW. Over-deployment of air cushions that flings pieces of metal skin across the vehicle has been linked to numerous injuries and 29 deaths. Takata pleaded guilty to manufacturing errors in the United States and accepted a $ 1 billion fine. The airbag debacle brought the company out of business in 2017.

Categories
Health

Bahn tests hydrogen train in the Southwest | Free Press

Deutsche Bahn AG wants to push for climate neutrality by 2050. Much remains to be done to achieve this. The train fleet is only partially supplied with green electricity. And a third of the rail network is not yet electrified and therefore must be used by diesel trains. Their engines cause noise and exhaust gases. An alternative on such routes could be …

Categories
Health

Showmen in the crown crisis: 18 months playing with their thumbs | Free Press

Fred Katzschmann now takes care of the grandchildren. So that your kids can at least set up food stands and offer drinks and snacks. The Mittweida showman had long suspected that his Advent season this year would be different than usual. “Emotionally, I’m actually done with it,” he says. “Already in September the …

Categories
Health

Director of the international airline association IATA resigns | Free Press

Geneva (AP) – The director of the international association of airlines IATA, Alexandre de Juniac, will leave his post at the end of March 2021. His successor will be the former director of the parent company of British Airways, IAG, Willie Walsh, as announced. the umbrella airline association (IATA).

“I didn’t make the easy decision,” Juniac said according to the announcement. The Corona crisis again made clear the great importance of IATA as the voice of the international aviation industry. “The building blocks for a recovery in the industry are ready. And now is the right time to relinquish IATA leadership for the long recovery phase, ”Juniac is quoted as saying.

Juniac came to IATA from Air France / KLM in September 2016. Willie Walsh left IAG management in March this year and announced that he would be retiring.

Previously, the association had once again asked national governments to facilitate air traffic with more rapid corona tests. Despite all the positive news about scientific breakthroughs, De Juniac said just before the annual meeting in Amsterdam that you can’t wait for a vaccine to be available. Current quarantine regulations would amount to de facto travel bans for many passengers. The restart of international air traffic must begin immediately for economic reasons.

The industry and its service providers have gone to great lengths to make the travel process safer, IATA experts said. Staying on an airplane is much safer than in a classroom or office. Full crown tests immediately before the flight could provide additional safety. Current quarantine regulations for travelers, however, are partly inconclusive and inefficient due to difficult controls.

IATA advocates the use of cost-effective and rapid-to-screen antigen tests, which could also provide up to 99 percent accurate results, rather than time-consuming but accurate PCR tests. One expert explained that the cost of a test is currently $ 5-10 with a rapidly growing supply. Massive testing could also help identify corona-infected people without symptoms.

IATA is working with British Airways parent company IAG on a digital health passport that will be available for smartphones in the first half of 2021, so that passengers can easily prove their negative test result or a vaccine against the coronavirus.

As a first step, the corresponding app is intended to provide customers with the testing and vaccination requirements for their trip, as well as the appropriate test centers and laboratories at their point of departure. They must send the results of their tests or vaccination certificates to travelers through the application. According to the information, the customer can use it to create a digital passport containing the necessary evidence for airlines and authorities.

Air traffic has suffered travel restrictions as a result of the pandemic for months. The organization wants to publish a new perspective on the economic consequences on Tuesday.

Categories
Health

Jack Wolfskin Gets New Boss From Helly Hansen | Free Press

In 2019, US golf supplier Callaway took over from Hessian’s outdoor specialist. Now they’re getting Richard Collier from Helly Hansen. Its objective is to adapt the company to the world market.

Idstein (dpa) – Outdoor specialist Jack Wolfskin has a new boss. Richard Collier (47) will replace Melody Harris-Jensbach on December 1, the company announced in Idstein.

The UK manager should be responsible for further internationalization and strategic positioning of the Jack Wolfskin brand. Collier hails from Helly Hansen, a Norwegian manufacturer of ski, boating and workwear, where he was most recently a product manager. Harris-Jensbach, who has been leading Jack Wolfskin since 2014, will continue to support the company in an advisor capacity, he said.

After the acquisition of Jack Wolfskin by American golf supplier Callaway in January 2019, Americans initially relied on Harris-Jensbach. Under his leadership, Jack Wolfskin was to sell outdoor jackets, walking shoes and backpacks in the large American market, where Hessians were hardly represented until now. Therefore, the Taunus company had founded a North American headquarters in Park City, in the state of Utah. Expansion to Japan was also on Harris-Jensbach’s to-do list.

However, in June it was confirmed that Callaway Golf is seeking new leadership for Jack Wolfskin. Once integration into the Callaway Group is complete, this step is now being taken, according to the Americans.

Jack Wolfskin has suffered from competition in the outdoor market in recent years and has seen several ownership changes. In the United States, Jack Wolfskin wanted to score points with his European image and English name, but he faces strong competitors such as The North Face, Patagonia and Columbia. Jack Wolfskin employs more than 1,100 people worldwide and operates 730 stores. Callaway had bought the midsize company for about 418 million euros. However, in the first year under the new owner, sales hardly changed.

Categories
Health

Corona changes the search for an apartment, you don’t have to be in the middle | Free Press

Berlin (dpa): work, learn, spend time, all at home. For months, many Germans have been home more often than usual and some more than they would like. Corona has increased the importance of the apartment.

An extra room to work in, a garden to breathe deeply, now more people yearn for it. According to a current study, apartments are getting more and more expensive, single and two-family homes are getting more and more expensive, but rents are stagnating. Landlords warn of conflict on some large estates, precisely because people are less likely to leave. Corona has an impact on the real estate market.

Neighborhood conflicts could escalate in already polluted neighborhoods, homeowners association GdW believes. The crisis in the crown is testing the social stability of residential areas. “In polluted neighborhoods, social problems threaten to worsen, in less polluted neighborhoods social networks are intensifying as a result of the exceptional situation,” said the president of the association, Axel Gedaschko.

Even before the crisis, there was an increase in violence, disturbed peace and disregard for house rules in some residential areas, as well as intercultural and generational conflicts. “There can be no business as usual with respect to contaminated residential areas,” Gedaschko demanded.

Its Federal Association of German Housing and Real Estate Companies (GdW) represents mainly cooperatives and municipal housing companies, but also private sector giants such as Vonovia and Deutsche Wohnen. Together they ask for more state work in the neighborhood. Otherwise, outbreaks of violence are also possible.

Many tenants cannot afford to move out. But the era of exorbitant rent increases is over, as Bernd Leutner, director of the Hamburg private research institute F + B, thinks. His data shows that those who move don’t pay more than they would pay if they moved a year ago. . From July to September, only 0.1 percent more was owed than the previous year. Compared to early summer, new rents even fell slightly. Existing rents were 1.4 percent higher than the previous year.

The largest cities, including Munich, Berlin and Hamburg, are slightly above average. F + B notes that there is still a high level of demand from owner-occupiers and investors. “The rental market remains surprisingly robust and stable from an owner’s point of view.”

In particular, the short-term work allowance continues to keep many tenants solvent. There were no notable failures with the owners, it was said at GdW Association Day in Berlin.

But Corona also taught that you don’t necessarily have to live in the city for many professions. Surveys show that more and more companies plan to work from home even after the crisis. Many people value more living or outdoor space, according to recent surveys. The surrounding areas of metropolises are also becoming more popular. In the second quarter, prices for private homes rose sharply.

The price increase for single and two-family homes remains unchanged, according to the F + B analysis released Monday. In the third quarter, single and two-family homes were on average 8.6 percent more expensive than in the same period last year.

This meant that private homes grew even more than condos, which were also significantly more expensive at 5.5 percent. “We are of the opinion that the corona pandemic has generated an additional and apparently sustainable increase in demand with limited supply at the same time,” Leutner said.

Now there is relief for many tenants in Berlin. Hundreds of thousands can expect their excess rent to be lowered after the second stage of the rent limit takes effect on Monday. The Senate estimates that rents will have to drop by 340,000 apartments. F + B even takes over about 512,000 apartments. The average discount is 40 euros.

The leader of the Berlin SPD parliamentary group, Raed Saleh, sees the controversial law as a model for other cities. The parliamentary deputy of the Greens in the Bundestag, Oliver Krischer, disagreed on Monday: “It is a measure that specifically addresses the situation in Berlin,” he said.

Categories
Health

Dax stalls – vaccine hopes are dashed

Frankfurt / Main (dpa) – New reports of success in fighting corona infections did not sustainably support the German stock market on Monday. The Dax lost intermittent gains of more than one percent and ultimately fell slightly in the red. Momentum at the Wall Street leader in the United States also slowed recently. The antibody cocktail from the biotechnology company R …

Categories
Health

The airline association IATA does not want to wait for the corona vaccine | Free Press

The crown crisis just doesn’t want to end for the aviation industry. Despite all the advances, the vaccine is too late for many airlines, warns the IATA association. A global testing strategy could help more quickly.

Amsterdam / Frankfurt (dpa) – The international airline association IATA has again called on national governments to facilitate air traffic with more rapid corona tests.

Despite all the positive news of scientific breakthroughs, one cannot wait until a vaccine is available, IATA chief Alexandre de Juniac said on Monday immediately before the start of the annual meeting in Amsterdam. Current quarantine regulations would amount to de facto travel bans for many passengers. The restart of international air traffic must begin immediately for economic reasons.

The industry and its service providers have gone to great lengths to make the travel process safer, IATA experts said. Staying on an airplane is much safer than in a classroom or office. Full crown tests immediately before the flight could provide additional safety. Current quarantine regulations for travelers, however, are partly inconclusive and inefficient due to difficult controls.

IATA advocates the use of cost-effective and rapid-to-screen antigen tests, which could also provide up to 99 percent accurate results, rather than time-consuming but accurate PCR tests. One expert explained that the cost of a test is currently $ 5-10 with a rapidly growing supply. Massive testing could also help identify corona-infected people without symptoms.

IATA is working with British Airways parent company IAG on a digital health passport that will be available for smartphones in the first half of 2021, so that passengers can easily prove their negative test result or a vaccine against the coronavirus.

As a first step, the corresponding app is intended to provide customers with the testing and vaccination requirements for their trip, as well as the appropriate test centers and laboratories at their point of departure. They must send the results of their tests or vaccination certificates to travelers through the application. According to the information, the customer can use it to create a digital passport containing the necessary evidence for airlines and authorities.

Air traffic has suffered travel restrictions as a result of the pandemic for months. The organization wants to publish a new perspective on the economic consequences on Tuesday.