US Warehouse Group Galeria receives further state aid
Ohio State vs. Penn State live stream info, TV channel: How to watch NCAAB on TV, stream online
How to watch Ohio State vs. Penn State basketball gamePenn State @ Ohio State
new aid package for Galeria Karstadt Kaufhof: Germany's last large department store chain gets further state aid in a three-digit million height to tackle the Corona crisis.
According to DPA information, the trade giant is intended to receive the federal silent deposit economy stabilization fund of 250 million euros, including 220 million euros as a liquid medium. Previously, the editorial network of Germany (RND) had reported about it.DAUL declares financial syringe
"Just for the inner cities are two years of pandemic a special stress. Especially the stationary trade is particularly struggling with the restrictions, "said Minister of Economics Robert Habeck (Greens) to the RND. "Therefore, we have decided that the Galeria Karstadt Kauststoffund Kausthof reaches again under his arms."
Cold-case investigation names surprise suspect in Anne Frank's betrayal
A six-year cold case investigation into the betrayal of Anne Frank has identified a surprising suspect in the mystery of how the Nazis found the hiding place of the famous diarist in 1944. © Universal History Archive/UIG/Shutterstock Anne Frank's world-famous diary charts two years of her life from 1942 to 1944, when her family was hiding in Amsterdam. Anne and seven other Jews were discovered by the Nazis on August 4 of that year, after they had hid for nearly two years in a secret annex above a canal-side warehouse in Amsterdam. All were deported and Anne died in the Bergen Belsen camp at age 15.
The trade association Germany (HDE) welcomed the planned financial syringe for the department store chain. "Galeria's department stores are definitely for many inner cities system-relevant companies that many customers also move into the neighboring retail trade," said HDE-General Managing Director Stefan Genth.
Video: Stability and Digital Progress: 30 Years Independence in Kazakhstan (Euronews)
It's already the second time that the trading giant in the pandemic of Karstadt and Kaufhof created by the merger of the traditional company Karstadt and Kaufhof have to use. Already at the beginning of 2021, the Economic Stabilization Fund (WSF) had gripped the department store company with a loan of 460 million euros under his arms.
Supreme Court to hear challenge from Sen. Ted Cruz that may undermine campaign finance law
Sen. Cruz, an ex-Supreme Court litigator, is challenging federal campaign finance rules limiting how candidates may loan their campaigns money.A day before his successful reelection in 2018, the Texas Republican loaned his own campaign $260,000. When the deadline came to repay the money, his campaign didn't fully reimburse him, so Cruz could challenge a law that has bitterly divided Republicans and Democrats over how candidates fund their campaigns.
After this injection, the Group had actually hoped to have survived the worst. In October, Group Chef Miguel Müllenbach introduced a new future concept with which he wanted to overtake the 131 department stores overall. Overall, the Group wanted to spend 600 million euros for modernization.Group speaks of «Quasi-Lockdown»
but the rising corona infection numbers and the introduction of the 2G rule in fashion trade, which allows only vaccinated and recently allowed access, Galeria made a dash through the bill. For the Group, this was equal to a "Quasi-Lockdown in the middle of the Christmas business", Galeria Financial Officer complained to Guido Mager. He expected a decline in sales of 40 percent in December. Galeria had therefore asked for a supplementary loan. The manager warned then: "When the department stores close, the fully hit the inner cities - especially on medium and small."
EXPLAINER: What are US military options to help Ukraine?
WASHINGTON (AP) — President Joe Biden is not planning to answer a further Russian invasion of Ukraine by sending combat troops. But he could pursue a range of less dramatic yet still risky military options, including supporting a post-invasion Ukrainian resistance. The rationale for not directly joining a Russia-Ukraine war is simple. The United States has no treaty obligation to Ukraine, and war with Russia would be an enormous gamble, given its potential for expanding in Europe, destabilizing the region, and escalating to the frightening point of risking a nuclear exchange. Doing too little has its risks, too.
HDE-General Managing Director Genth Stressed, Galeria does not stand alone with his problems in the pandemic. "Many trading companies see themselves in great economic distress due to 2G customer frequencies and sales." The bridging aids of the Federal Government still had rough construction errors, so that they often do not help. Genth therefore pleaded abolished the "useless 2G control when shopping". "No trading company is happy to depend on state aid, the traders want to finally want to work economically again.»
The Federal Government had founded the economic stabilization fund (WSF), which now reaches Galeria under his arms, founded in March 2020 in order to support large companies with guarantees and capital aids in the Corona crisis and to receive jobs. Of this, in addition to Galeria, the Lufthansa and the Travel Group Tui also benefit.
Amazon faces possible union election at New York warehouse .
Workers at an Amazon warehouse in Staten Island have shown enough support to hold a union election, the National Labor Relations Board (NLRB) confirmed on Wednesday. © Michael Nagle/Bloomberg/Getty Images/FILE Chris Smalls, a fired Amazon fulfillment center employee, center, holds a sign during a protest outside an Amazon.com facility in the Staten Island borough of New York, U.S., on Friday, May 1, 2020.