Finance news

Interview: Pension expert Bert Rürup: “It would be a disaster if this reform fails”

The economist praises the Pension Commission's recommendations: The 33-point plan would "take the pressure off the boiler for a while" on the system's biggest problem.

Uber: “Several rule violations” – shareholders sue Uber management

The shareholders accuse the board of directors and advisory board members of violating rules in dealing with complaints about sexual harassment. They ignored internal and external warnings.

Caterpillar’s stock hits a milestone as roaring industrials rally sweeps up Wall Street

Caterpillar is the hottest stock in the Dow this year, and now one of just two in the index with a price above $1,000.

Hank's World: How today's super-rich differ from their predecessors

It's not just the example of Peter Thiel that shows: The new super-rich are constantly on the move in terms of taxation, politics and security - and they tick completely differently than successful economic citizens of the past.

Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets

The Meta CEO is seen as next to join the Tesla and SpaceX CEO. Nvidia CEO Jensen Huang is seen as the second-most-likely.

Energy: RWE wants to take over the majority in the network operator Amprion

The DAX group is increasing its stake in Amprion to 55 percent and paying 3.6 billion euros for it. The Handelsblatt had already reported exclusively on the plans.

Social◇ unclassifiedgermany · usa · europe

How we save for equity as a couple and what we have changed so far

Hello everyone, my girlfriend and I are in our mid-20s and have set ourselves the goal of having equity for an apartment or a house together in five to six years. We now approach the whole thing almost like a project: cooking ahead on Sundays, taking a can to the office, shopping more consciously at Aldi and Lidl instead of spontaneously at Rewe, comparing and changing insurance policies via Check24. We get drugstore and household stuff via tiktok when product offers are on, which saves us around 15 to 20 euros

Thoughts on the Getty Images/OpenAI deal this morning

Getty Images jumped 200% this morning on an OpenAI deal. The announcement didn't include a single dollar figure. No annual minimum. No per-query fee. No revenue share. No training terms. Just a multi-year agreement that puts Getty's licensed content into ChatGPT search and discovery experiences. The market celebrated anyway. That's the actual story. Not that Getty got a huge check, we don't know that. The story is that the market is so starved for proof that AI companies will negotiate licensed

Social◇ unclassifiedusa

Controversial bicycle trade fair: Eurobike at the end

The concept of the Eurobike bicycle trade fair ignores the needs of the local industry. A restart is needed.

End of Eurobike?: The bicycle industry is planning a new leading trade fair in Cologne

Two days before the opening, the Frankfurt Eurobike becomes an obsolete event. The bicycle industry wants to continue in Cologne in the future. For a good reason.

Investment: “Dearest, we become wealthier with every crisis”

Fund manager Christoph Bruns on crises, criticism from his son, SpaceX, limits of ETFs and how he tripled his money in 20 years.

Working groups: This is how you really achieve results in workshops

Working groups are considered an expression of modern leadership. But they often remain ineffective. If you understand the reasons for this, you can do it better.

◇ unclassifiedmiddle-east · russia · usa

U.S. Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash

U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent oil prices sharply lower. Brent crude was trading at $79.22 per barrel at 6.05 am ET on Monday, nearly $20/bbl lower after Washington and Tehran agreed to a ceasefire and committed to 60 days of negotiations, while jet fuel spot prices fell to $2.85 a gallon, down sharply from $4.88. The dip in fuel costs could slash the U.S. airline industry’s annual fuel bill by more than $40 billion, easing the

25d06/22⚠ war-conflict · 1/5

Netflix-Keeping or selling…

What’s the general take on Netflix? Really thinking about selling but hear they have bigger plans in the future. Still up over 100% on it, but with the Stranger Things franchise over and the Warner Brothers deal dead in the water-is it a dead duck or will patience win? ** So many assumptions about this post to people who don’t even know me-just a general opinion question, nothing more. I will be patient as it is a solid company& just thought maybe there was some knowledge out there that I wasn’t

Social◇ unclassifiedsocial-signal

Child care tax breaks can save families and businesses money — but few use them, congressional report finds

Child care can be expensive for both parents and their employers. Yet existing tax incentives to help defray those costs may go unused, a new report finds.

Super Micro’s stock is seeing its best run in a year thanks to Nvidia partnership

Super Micro shares were leading the S&P 500’s gainers on Monday.

25d06/22⚠ war-conflict · 1/5

AI models that can take down governments and business months away, rare Five Eyes statement warns

submitted by /u/TinJar-Solarpunk [link] [comments]

Social◇ unclassifiedusa

Price drop despite the World Cup: Why pork is so cheap in the middle of the grilling season

The World Cup and the summer weather should boost pork sales. Instead, producer prices are falling. Animal owners complain about losses that threaten their existence.

Silicon Saxony: After the opening is before the opening

The US chip manufacturer Globalfoundries is expanding its factory in Dresden for 1.1 billion euros. The plans for the next rounds of expansion are already in the drawers.

Market Insight: Have valuations become obsolete with SpaceX?

Elon Musk's space stock is off to a spectacular start. The IPO reveals two behaviors that are gaining influence on the markets, describes Ulf Sommer.

25d06/22⚠ war-conflict · 2/5

These six fast-growing stocks sit at the cutting edge of space and military technology

In the wake of the SpaceX IPO, investors can expect global communications and AI data processing — both via satellites — to be important themes for many years.

◇ unclassifiedusa · europe

US Army tests autonomous boats during Philippine exercise

Autonomous boats helped escort a U.S. Army vessel during a military exercise, in a demonstration of how uncrewed assets are changing maritime operations.

◇ unclassifiedmiddle-east · russia · usa

Russia Rations Fuel in Crimea as Ukraine Targets Oil Infrastructure

Russian-installed authorities in occupied Crimea have suspended fuel sales to private individuals and businesses amid a severe fuel shortage and a weak tourist season, as Ukrainian drone strikes continue to disrupt Russia's oil and transport infrastructure. Sergei Aksyonov, the Russian-backed head of the peninsula, which Moscow illegally annexed from Ukraine in 2014, announced that as of June 21, gas stations in Crimea would no longer sell fuel to anyone except state agencies. "Fuel will be supp

DB: VW manager Obrowski is apparently set to become the new finance chief of Deutsche Bahn

Michael Obrowski changes transport sector: The CFO of Volkswagen Commercial Vehicles goes to the railways. Handelsblatt learned that the supervisory board would approve the appointment.

Unicredit: Secret exchange between Orlopp and Orcel: Three points dominate the fight for Commerzbank

After a confidential conversation between the CEOs, details leaked out. Poker with Unicredit is not just about the price. Two actors play a crucial role.

Secret exchange: These are the three biggest points of contention in the takeover battle between Commerzbank and Unicredit

According to insiders, a confidential exchange between the CEOs made it clear how big the differences are. Two other actors play a crucial role in the further process.

Dax current: Dax closes well above 25,000 points – semiconductor shares are the winner of the day

On Monday, investors reacted cautiously to further developments in the Middle East. The German leading index was still able to push back above 25,000 points.