Finance

Strike at kaufhof – but business is open

strike at kaufhof - but business is open

The labor action was intended to reinforce union demands in the collective bargaining to be held on thursday and friday, as reported by verdi. Despite the strike, however, all galeria karstadt kaufhof stores remained open, emphasized the company’s head of sales, thomas wanke.

According to the union, employees in a total of 68 kaufhof stores, 16 karstadt sports stores and around 8 karstadt feinkost stores were to take part in the work stoppages. "The employees at kaufhof, but also karstadt, are angry. They are demanding that there finally be a secure collective bargaining solution for the future of the warehouse and their jobs, and that the energy-consuming hangs be brought to an end," said verdi negotiator orhan akman.

Verdi and galeria karstadt kaufhof have been negotiating for some time on a joint restructuring collective agreement for the new department store giant created by the merger. According to verdi, a merger without a new collective bargaining agreement would automatically mean a pay cut of around eleven percent for kaufhof employees. The concern for gross unrest among the employees.

Finance

Democrats: force release of trump tax returns

Democrats: force release of trump tax returns

Democrats in the u.S. House of representatives want to force treasury secretary steven mnuchin to release president donald trump’s tax returns.

The chairman of the finance and tax committee, richard neal, demanded mnuchin on friday (local time) under threat of punishment to personally deliver within a week the tax returns of trump and several of his companies from the past six years. A corresponding subpoena went at the same time to the head of the tax authority IRS, charles rettig. Mnuchin had informed neal on tuesday that he refused to release the tax returns. Trump reacted angrily to democrats’ push on saturday.

Neal argues, citing a law, that the treasury department is required to release tax returns at the request of the committee chairman. The committee does not have to give a reason for this. Mnuchins had told neal in last tuesday’s letter that the committee’s request for the tax records lacked "legitimate legislative intent". After consultations with the ministry of justice, he was therefore not authorized to release the tax returns.

Finance

Kodak insolvency costs 3700 employees their jobs

Kodak insolvency costs 3700 employees their jobs

Kodak had filed for insolvency in january. The pioneer of photography is being severely affected by the transition to digital technology. Even before the bankruptcy, some 47,000 jobs had been cut and 13 factories closed since 2003. Last year, the company still employed around 17,000 people.

"We have recognized that we need to reduce our cost base significantly and tensely," now explained company boss antonio perez. He wants to reposition kodak as a printing specialist. The roots of the company cut radically. Perez parts with photographic films, cameras or scanners. The competition, especially from asia, had proved too strong.

So far, however, the reconstruction has hardly been successful and high losses have been incurred. Perez is now trying to turn things around with a new management team. The president philip faraci and the chief financial officer antoinette mccorvey leave the company. She is followed by rebecca roof from the consulting firm alixpartners, which is supporting kodak in its hoped-for relaunch.

Finance

Money for the lake will love

Money for the lake will love

Veronika schadeck the project to make the recreational area around olschnitzsee in windheim more attractive can start this year. After the county was able to receive a demand notice in the amount of 1.5 million euros from the rofe program (demand for public, tourist infrastructure facilities) in december, nothing more stands in the way of the project. At the new year's reception of the municipality of steinbach on friday evening, district administrator klaus loffler (CSU) said that the start for this project is still being strived for in 2019.

New sunbathing and recreation areas are to be created around the olschnitzsee (we reported). The county also wants to build a sanitary building and family-friendly play areas on the land. Furthermore, the parking areas are to be expanded and some camper parking spaces are to be created. In total, the county is to invest around 3.5 million euros to make this leisure and recreational facility more attractive for both the local population and tourists.

Mayor thomas loffler (CSU) is convinced that the recreational lake will become a visitor magnet after the realization of the tree removals, especially since a private investor wants to invest additionally at this land.

Finance

Autumn bazaar attracts visitors to the community center

Autumn bazaar attracts visitors to the community center

In the community center st. Johannis has a lively atmosphere. Parents positioned themselves everywhere and loaded sales tables with all kinds of goodies that leave hardly anything to be desired for children. The parents' council of the kindergarten st. Johannis invited to the annual autumn bazaar.

It's an event where parents can get rid of their offspring's discarded clothes, unwanted toys and other clutter. On the other hand, children who can still do something with all these things may be happy. 35 sales tables crowded together in the coarse hall. Two smaller rooms are also used as sales rooms. "We are fully booked", says eva schroder, chairwoman of the parents' council, with satisfaction. There is even a waiting list. Six euro costs a small, eight euro a coarser sales table.

Children scurry through the aisles, looking for a great toy that mom absolutely has to buy. Coffee and cake in the foyer. Mother with her youngest child in her arms rummaging through snow suits and bodysuits hoping for the next snatch. And this is sure to come. You can buy pants for as little as 1.50 euros, and shoes for as little as three euros.

Finance

Stealing from his own daughter

A 40-year-old man from kulmbach stood trial for two counts of theft. In november 2017, he had allegedly stolen 100 euros once and 30 euros once from the piggy bank of his 15-month-old daughter.

When he was caught the second time by his mother, his former lifeguard, he returned a 20-euro bill. The woman then filed a complaint.

"I didn’t know it was our daughter’s piggy bank", the defendant stated in court. He used the stolen money to buy food for himself, he said. When asked by judge sieglinde tettmann what he had been living on at the time, the defendant replied: "nothing." he had no desire to apply for unemployment benefit I.

Finance

The end for the sea festival

The end for the sea festival

The new stage was associated with high hopes for the coburg summer operetta. 25 years after its foundation, the club moved from waldbuhne heldritt to obermain in 2018. In the spa gardens of bad staffelstein the "seefestspiele" should take place from now on establish. Gernot kranner from vienna could be won as director (after martin heim had left at short notice), who was full of verve for a spirited and witty production of the "bat" cared. At that time, there was already talk of financial burdens, so success for the organizing association would be very important. But it was also clear that after the change of location it would take time to become a brand again. The criticisms of the stucco were positive throughout, but at the same time the expected teething problems became apparent in the rows of spectators, which were not completely filled.

Around the turn of the year, considerations for another season were still in limbo, but in february the non-profit association declared its insolvency and filed for bankruptcy. However, the court ruled against him for "lack of mass" rejected: the association’s budget did not cover the costs of such a procedure.

For chairwoman adelheid frankenberger, the development is bitter. "We wanted everyone to get their money, that was our goal", she told this newspaper yesterday. With "we" she is referring to the three-person board of directors, which, in her words, is also financially involved in the "summer operetta" project had brought in. She mentioned a total of 70 000 euros in the past years. Since 2008 frankenberger is at the head of the club. Unfortunately, she found out far too late about the extent of the inherited burdens of the past, said the coburg woman, referring to around 140,000 euros. However, the coburger tageblatt has a certificate of the previous annual result for 2007, in which a loss of around 9800 euros is mentioned.

Finance

Rebuff for industrial electricity rebates

rebuff for industrial electricity rebates

The higher regional court of dusseldorf on wednesday overturned the exemption of large industrial electricity consumers from grid costs. In addition, the EU commission in brussels initiated a procedure to investigate suspected unlawful aid because of the cost exemption.

The costs of the regulation have so far been added to consumers’ electricity prices by way of a levy. Federal economics minister philipp rosler (FDP) now wants to quickly re-regulate the controversial industry exemption.

The case in dusseldorf concerned an appeal by five regional and supraregional network operators against the regulation passed in the summer of 2011. The complainants considered the complete exemption of companies with high electricity requirements to be unlawful and a violation of EU law.

Finance

Even revolutionaries grow old: this is what happened to the residents when they moved out of the commune

Even revolutionaries grow old: this is what happened to the residents when they moved out of the commune

50 years ago you belonged to the frankfurt 68 movement. Almost ten years later, they discovered an antique sofa in the attic of a tettau farmhouse.

This is how it was back then: in 1976, they founded the commune on the wildberg farm

read here, how the young people from the surroundings of the goethe university in frankfurt, which was discredited as communist, founded a commune in the french province: the land commune tettau, which was probably the best guarded in frankonia: when grenzer, zollner and the inhabitants of the settlement watched with binoculars, what the students did on the farm.

And today? A meeting of the old communards.

The rural community in tettau has long since ceased to exist, but the sofa is still there. With new upholstery it stands in the living room of angelika and dietrich schutze: they are the only ones who stayed at the wildberghof.
Franz kluge sits down on the sofa. He is visiting to talk about the wild times. Edith memmel can not come. The master potter is on rugen, where she runs one of her two workshops. On the phone, she tells us what it was like back then and how she later fared as a grassroots deputy and self-employed woman. Wolfgang erler also reports by telephone about the commune to which he moved with his wife karin at that time. She is no longer alive, he moved to ulm a good ten years ago. "When her daughter had her first child."