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Government mandates markup cap on household products to help protect families and pensioners
Government mandates markup cap on household products to help protect families and pensioners

Budapest Times

time20-05-2025

  • Business
  • Budapest Times

Government mandates markup cap on household products to help protect families and pensioners

The National Economy Ministry has confirmed in a statement that the Hungarian government has mandated a 15pc cap on markups on household products in 30 categories to help protect families and pensioners. The ministry said a markup cap on a range of food products has been in place since March 17, helping reduce the prices of over 900 different products by 19pc on average. Monday's expansion of the markup cap will last until the end of summer and apply to product groups such as laundry detergents, washing-up liquids, paper tissues and shower gels. The measure applies to drugstores that sell more than 40pc of household goods, such as DM, Rossmann, Muller, Douglas, Azur, Estee Lauder and Yves Rocher stores. Stores where both food and non-food products are available are not directly affected by the regulation. The government is continuously taking action against unjustified price increases to protect Hungarian families and pensioners and is ready to intervene whenever necessary. It aims to support economic growth by lowering prices and increasing consumption, the ministry said.

Denmark: Construction giant drops Tesla fleet over Elon Musk's political views
Denmark: Construction giant drops Tesla fleet over Elon Musk's political views

First Post

time19-05-2025

  • Automotive
  • First Post

Denmark: Construction giant drops Tesla fleet over Elon Musk's political views

The company has been using Tesla vehicles as part of its sustainability strategy but now plans to replace them with European electric vehicle alternatives due to 'Elon Musk's political commitment and the opinions' read more Jennifer Walker stands with other demonstrators during a protest of automaker billionaire CEO, Elon Musk near a Tesla vehicle dealership, Saturday, March 8, 2025, in Decatur, Ga. AP Danish construction giant Tscherning said it is removing Tesla vehicles from its company fleet, citing discomfort with Tesla CEO Elon Musk's political positions. The move reflects a broader pattern in Europe where businesses are reconsidering their associations with high-profile executives seen as politically divisive. In a statement released on LinkedIn and titled 'Tscherning changes gears and drives in a new direction,' the company said its decision was not based on the performance of Tesla's electric vehicles but on the brand's shifting political connotations. STORY CONTINUES BELOW THIS AD 'At Tscherning, we not only decide how we drive, but also who we drive with,' the company said. 'That's why we've chosen to hand over the keys to our Tesla company cars – not because Tesla has become a bad car, but in light of Elon Musk's political commitment and the opinions he has publicly expressed, which are increasingly hard to overlook.' The company has been using Tesla vehicles as part of its sustainability strategy but now plans to replace them with European electric vehicle alternatives. A video accompanying the post showed Tesla cars being returned, signaling a symbolic break with the American automaker. 'We do not want to be associated with the values and political direction that currently accompany the Tesla brand,' Tscherning said. The company did not specify which European carmakers it would turn to but emphasized the decision was driven by value alignment rather than technological capability. On social media, the announcement received support from users who framed the move as both principled and economically strategic. 'Strong signal to support European production,' one commenter wrote. Another said, 'If nothing else – lots of signal value.' This is not the first time a European company has acted on concerns over Musk's politics. In 2023, German retail chain Rossmann, one of Europe's largest drugstore chains, said it would halt new Tesla purchases for its corporate fleet, citing Musk's support for former US President Donald Trump. Rossmann said it would continue using its existing Teslas to avoid premature disposal and environmental waste. STORY CONTINUES BELOW THIS AD 'Elon Musk makes no secret of his support for Donald Trump,' said Raoul Rossmann, managing director and son of the founder. 'Trump has repeatedly called climate change a hoax – this stance is in stark contrast to Tesla's mission to contribute to environmental protection.' Musk has increasingly become a polarizing figure in global corporate circles. His acquisition of social media platform X, controversial statements about migration and geopolitics, and open endorsements of political figures have drawn both praise and criticism, depending on the audience. While Musk has maintained a strong following in the US among free speech advocates and some business leaders, his positions have caused friction in more politically cautious European markets. Tesla's sales in Europe remain robust, but developments like Tscherning's announcement highlight the growing interplay between corporate reputations and the perceived political affiliations of their suppliers and partners. For now, Tscherning says it is focused on aligning its fleet choices with its corporate ethos. 'We as a company have chosen to say, 'Thank you for the ride,'' the company said. STORY CONTINUES BELOW THIS AD

'Thank you for the ride': Denmark firm ends Tesla use over Musk's politics
'Thank you for the ride': Denmark firm ends Tesla use over Musk's politics

Business Standard

time19-05-2025

  • Automotive
  • Business Standard

'Thank you for the ride': Denmark firm ends Tesla use over Musk's politics

Denmark's construction major Tscherning has announced it will no longer use Tesla vehicles in its company fleet, citing concerns over CEO Elon Musk 's political views. In a statement titled 'Tscherning changes gears and drives in a new direction', posted on LinkedIn, the company said the decision reflects its values and not the performance of Tesla's cars. 'At Tscherning, we not only decide how we drive, but also who we drive with. That's why we've chosen to hand over the keys to our Tesla company cars – not because Tesla has become a bad car, but in light of Elon Musk's political commitment and the opinions he has publicly expressed, which are increasingly hard to overlook,' the company said. 'We as a company have chosen to say, 'Thank you for the ride,'' it added. From electrification to exit 'We do not want to be associated with the values and political direction that currently accompany the Tesla brand. Therefore, we have chosen to replace our Tesla cars with the European alternatives,' the company said. A video shared by Tscherning shows the fleet being returned. Social media support, growing backlash in Europe The move was widely lauded online. One user commented, 'Strong signal to support European production.' Another wrote, 'If nothing else – lots of signal value.' This isn't the first time a European company has distanced itself from Tesla over Musk's politics. In 2023, German retail chain Rossmann said it would stop buying Teslas for its corporate fleet due to Musk's support for US President Donald Trump. 'Elon Musk makes no secret of his support for Donald Trump. Trump has repeatedly called climate change a hoax – this stance is in stark contrast to Tesla's mission to contribute to environmental protection through the production of electric cars,' said Raoul Rossmann, the son of the founder. Rossmann, which employs over 62,000 people and operates 4,700 stores in Europe, said it would continue using its existing Tesla vehicles 'for reasons of sustainability and resource conservation.' (With agency inputs)

St. Paul audiology specialist finds balance issues are big business
St. Paul audiology specialist finds balance issues are big business

Yahoo

time27-04-2025

  • Health
  • Yahoo

St. Paul audiology specialist finds balance issues are big business

As an audiologist, Rebecca Younk holds a doctorate in the sensitive workings of the ear, making her 11 clinics and offices across Minnesota important bunkers in the war on hearing loss. Increasingly, her St. Paul headquarters also is providing a foothold in a burgeoning, lesser-known battle against falling down. Americans are tumbling more — an unusual epidemic that, for obvious reasons, hits the elderly especially hard. Researchers have attempted to pin blame on everything from digital distractions like smartphones to footwear, obesity and the side effects of certain medications. Diabetes, for instance, can cause neuropathy, or a loss of feeling in the nerves, especially in the feet and legs. That's a dangerous burden for a rapidly aging population. 'The science of balance is new and evolving,' said Younk, who for the past 10 years has run Associated Hearing Care, which is still better known for adjusting hearing aids than for addressing dizziness or vertigo. 'Balance is often controlled in the ear. Our balance organ is the same structure as the hearing organ. (But) there is no one reason someone falls.' Younk last year relocated her company's 50-year-old St. Paul headquarters from the Central Medical/Ries Tower on Dunlap Street to 2550 W. University Ave. for more space. At the time, she decided to hire an inner-ear specialist — vestibular audiologist Samantha Rossmann, or 'Dr. Samantha' — to focus in part on patients with balance issues, a growing part of Younk's practice. 'My goal is to have it become 100% of her work,' said Younk, who provides visiting services each week in rural hospital systems in Morris, Montevideo and Glenwood, counties whose populations are aging even faster than the metro. Younk said balance screenings — which are done in St. Paul — now constitute about 10% of her company's business, up from zero, and investments in new technology at her St. Paul hub have come in handy. Patients can go for a literal spin in the new Orion rotary chair while wearing goggles that track their pupils, with the goal of determining if their balance issues are ear-based or should be referred to a neurologist for further study. 'It helps us determine is there a concern with the peripheral system of our vestibular anatomy — so, the organ itself — or is someone having trouble with the central processing, from the cerebellum to the inner ear,' said Rossmann, who administers the screenings. An even newer device, an electronic screener or balance board, measures foot movements as the patient tries to balance themselves on an uneven surface with their eyes open, and then closed. 'We get more of an objective test, because the board is identifying where a person's center of gravity is — Are they leaning backwards more? Are they leaning forwards more? — rather than using our vision and subjectively saying, 'They were swaying,'' Rossmann said. 'We haven't put it into practice to its full potential yet. We just got it.' It's all a far cry from hearing aid fittings and the other work more typical of the audiology industry, but Younk said her company's growing focus on balance challenges isn't just academic. People with hearing loss are nearly three times as likely to fall compared to those with normal hearing, according to the National Council on Aging, which has labeled falls the leading cause of both fatal and non-fatal injuries among older adults, a rapidly growing portion of the population. Younk noted that at least one study in recent months has found falling to be less prevalent among older adults who wear hearing aids, though the sample size of the population tested was small. 'There's a lot of thoughts on it, but the biggest one is cognitive load — your brain is working so hard in the environment to see and hear, sometimes you forget where you're walking,' Younk said. MN Health Department updates fish consumption guidelines for PFAS Joe Soucheray: Was politics a factor in Mary Moriarty's charity to Tesla vandal? Mischief Toy Store of St. Paul joins lawsuit against Trump tariffs St. Paul shooter gets 19½-year prison sentence for killing man on University Avenue who had his back to him St. Paul chief finance officer John McCarthy leaves for League of MN Cities Overall, the death rate from older adult falls has been going up, rising from 55.3 deaths per 100,000 older adults in 2012 to 78 deaths in 2021, according to the National Council. Meanwhile, the population of older adults is also increasing. Roughly 58 million Americans are age 65 or older, and that age group is projected to rise to 88.8 million by 2060. As it stands, one out of four older adults falls each year, and 3 million adults over the age of 65 are treated in emergency departments for unintentional falls. That equates to an older adult arriving in an emergency room because of fall-related injuries every 11 seconds and dying every 19 minutes. Those falls come at a cost to the nation of $50 billion per year, according to the National Council. A growing number of experts — including the American Speech-Language-Hearing Association (ASHA) — now recommend that patients suffering from dizziness or vertigo see an audiologist for their initial screening, rather than an ear-nose-and-throat surgeon. In recent decades, new audiologists have been required to get their doctorate in the science, but they're still more affordable to access than surgeons and physicians in a medical field increasingly overloaded with patients. MN Health Department updates fish consumption guidelines for PFAS A 6-hour morning routine? First, try a few simple habits to start your day Whooping cough cases are rising again in the US, challenging public health departments Worries about flying seem to be taking off. Here's how to cope with in-flight anxiety Measles misinformation is on the rise — and Americans are hearing it, survey finds With demand for her services growing, Younk recently hired her husband as a business manager, continuing a decades-old tradition of keeping Associated Hearing Care a family-driven business. The company, which was launched in February 1975 by the late Ron J. Perlt, is celebrating its 50th anniversary this year and still employs one of Perlt's daughters as a hearing aid specialist.

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