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Europe: Ford to Lay Off Thousands

Ford will lay off many employees in Europe. Plant closures were an option too, the company announced on Thursday. It is unclear how many people exactly will be let go, but Ford Europe's CEO Steve Armstrong stated this was about thousands of jobs. In all of Europe, Ford employs well over 50,000 people. Most of them, more than half, work at the

Wealth: ‘Bilanz’ Lists the Richest Germans

In spring, 'Forbes' published its annual list of the richest people in the world. The American magazine came to the conclusion that there are 2,208 billionaires. The richest of them all is Jeff Bezos, the boss of Amazon, according to the publication. Not only did Bezos overtake Bill Gates, but he also accumulated the largest fortune ever, in

‘Deutsche Bahn’: Big Issues With Punctuality

Every single year, Deutsche Bahn (DB), the German railway giant, seems to be experiencing problems. In 2017, when a previous heatwave struck the country, the air conditioning in many fast ICE (Inter City Express) trains gave up. There were stories about hundreds of passengers who were stuck in overheating rail carriages, like chickens in a grill.