SAN FRANCISCO – Twitter is taking countermeasures to resist a takeover by tech billionaire Elon Musk. The plan provides that other shareholders can buy additional shares cheaply if a buyer exceeds the 15 percent mark. The move is a classic “poison pill” that companies threatened by takeovers often resort to. The measure should apply for one year, the board of directors announced on Friday.
Mercedes works council calls for electric motor production in Stuttgart
STUTTGART – According to works council chairman Michael Häberle, the next generation of electric motors will also be produced in the Stuttgart-Untertürkheim motor plant from 2027. In the Stuttgart district of Untertürkheim, batteries and the so-called electrified drive train are already being built, Häberle told the “Spiegel”. The actual heart, the electric motor, is supplied by an external partner. “We have to be able to react even faster to the increasing demand for electric cars,” said Häberle, who is also a member of the supervisory board.
After several forced breaks: VW diesel process continues after Easter
BRAUNSCHWEIG – After another forced break, the sluggish Diesel criminal trial against four former Volkswagen executives is to be continued after Easter. Further hearings of witnesses are planned for Tuesday, said a spokeswoman for the Braunschweig Regional Court on request. Recently, the fraud process, from which many promised clarification for “Dieselgate” at VW, had repeatedly come to a standstill.
Ankerkraut sold to Nestlé – customers are up in arms
HAMBURG – The Hamburg spice trader Ankerkraut has dealt with a veritable shit storm with the sale of the majority of the company to the food company Nestlé. On Facebook alone, the Ankerkraut account received more than 20,000 comments by Friday – and almost all of them were negative. The situation was similar on Twitter and Instagram. Many accuse the founders Anne and Stefan Lemcke of having betrayed their values and are announcing a boycott of Ankerkraut products. A number of influencers, including LeFloid, are also turning away from the company, which became known primarily through its appearance on the television show “Die Höhle der Löwen” (DHDL) in 2016.
Good Friday traffic at Frankfurt Airport without major problems
FRANKFURT – Increased crowds on Good Friday: According to the operator, travel at Frankfurt Airport flowed without any major problems until the afternoon. “The terminal halls are full, but the flow of passengers is moving at a normal pace through the various checkpoints to the gate,” said a spokesman for the airport operator Fraport in the afternoon. According to this, more than 155,000 travelers were traveling through Germany’s largest hub on Good Friday.
Peloton wants to increase the number of customers with cheaper devices
NEW YORK – Cheaper devices and more expensive subscription offers – the new management of the sporting goods supplier Peloton is screwing up the business model after high losses. The price of the company’s exercise bikes and treadmills will be reduced in all markets, Peloton announced on Thursday (local time). For example, the cheapest Peloton bike in Germany now costs 1445 euros, 300 euros less than before. In the home market of the USA, customers should also pay 44 instead of the previous 39 dollars for networking with online training hours. The subscription prices abroad remain “currently” unchanged, while the range of content is being expanded.
ROUNDUP/TV Ratings: ‘Inspector Dupin’ takes viewers off the couch to Brittany
BERLIN – “Inspector Dupin” has attracted a good 5.7 million viewers in front of the television with his tenth case. The new episode of the ARD crime series with the subtitle “Breton Idylle” achieved a market share of 21.8 percent at prime time at 8:15 p.m. Actor Pasquale Aleardi has grown fond of the commissioner and the French coastal region, as he says: “It’s just wonderful to slip into this role once a year and shoot in this beautiful corner of the world, Brittany.”
Auto supplier Mahle is looking for a new boss
STUTTGART – The CEO of the automotive supplier Mahle, Matthias Arleth, is leaving the company on April 30th. Mahle announced on Friday that the “amicable termination of the cooperation” was due to different views on the future strategic orientation of the group. Until the Supervisory Board decides on a successor, Michael Frick (55), Deputy Chairman of the Management Board, will take over as Chairman of the Management Board. Arleth joined the technology group in January 2022.
US authorities give emergency approval for corona breath test
SILVER SPRING – The US Food and Drug Administration (FDA) has granted emergency use authorization for a corona test that detects a possible infection through a person’s breathing air. The instrument was about the size of a hand luggage case, the authority said on Thursday (local time).
Biden unveils new Fed nominee for top banking regulator
WASHINGTON – US President Joe Biden has unveiled a new candidate for the post of chief banking supervisor on the Federal Reserve (Fed) board of directors. He will shortly nominate law professor and former top US Treasury Department official Michael Barr for the post of Fed vice chair for banking supervision, Biden said on Friday. Barr led the introduction of the Dodd-Frank financial regulation package under then-President Barack Obama. He also worked for the White House and the Treasury Department under ex-President Bill Clinton, it said.
Additional Reports
-ROUNDUP/Minister: Construction of more and more single-family houses ecologically nonsensical -Ministry of Economic Affairs: Security of supply currently guaranteed -ROUNDUP/Habeck: Citizens can save ten percent of energy -Planned natural gas production near Borkum – Distribution still unclear -Where gold comes from in Germany – very high recycling rate – CDU General Secretary attacks Schwesig and SPD because of Nord Stream 2 – Deutsche Bahn: Train traffic is stable
Customer Note:
ROUNDUP: You read a summary in the company overview. There are several reports on the dpa-AFX news service on this subject.
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