Cornavirus: Unemployment in Austria increases more than 50 percent

Cornavirus: Unemployment in Austria increases more than 50 percent

The current statistics from Austria give an impression of how dramatically unemployment could soon rise. There have never been so many people registered as unemployed since 1946 as they are today. As the Labor Market Service (AMS) announced in Vienna, there are currently just over 504,000 people without a job in Austria (you can find […]

Marriott: Hotel chain hacked again, five million guests affected

Marriott: Hotel chain hacked again, five million guests affected

The Marriott hotel chain has been hacked – again. As in 2018, millions of customer data came into the hands of strangers this time, but not to the same extent. In late February, it was found that someone had accessed “an unexpected amount of guest information” from two employees’ accounts, Marriott said. “We believe the […]

Corona crisis: Galeria Karstadt Kaufhof stops rent payments

Corona crisis: Galeria Karstadt Kaufhof stops rent payments

Adidas, H&M and Deichmann hurried forward, now the department store group Galeria Karstadt Kaufhof is canceling rental payments due to its landlords. There was “no other choice”, the company wrote this Monday to the property owners, in whose buildings the group’s shops, from department stores to travel agencies and the newly acquired sportscheck retailer, are […]

Coronavirus crisis: SPD leader Saskia Esken demands property tax

Coronavirus crisis: SPD leader Saskia Esken demands property tax

There are some indications that the economic costs of the shutdown could even outshine the direct consequences of the global financial crisis from 2008 – at least the effects on the federal budget. In any case, the federal government is currently planning to finance the numerous aid packages with a new debt of more than […]