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"Das einzig wertvolle und wahre im Leben  ist die Zeit, Familie, Wahrheit, Gesundheit und Freiheit, die man hatte und die einem noch bleibt,  egal für was man sie auch immer in der Gegenwart und Zukunft noch braucht, absolut >ALLES< ANDERE ist die Lüge der glaub-haft ge-macht-en Glaub-Haft  Mach-ung der dich Be-herr-sch-enden !" Annette & Eugen Müller

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Falls es dem Buntland gelingt an den 0,000027% CO2 etwas einzusparen, kostet das lediglich 1200 Milliarden. Wieviel Firmen wird es in die Insolvenz, oder ins Ausland treiben? ☀️🍷🍿 Lust auf Gute Laune? ♟️🐇📕 Lust auf Wissen?

Peloton CEO Stepping Down Following 92% Stock Plunge In Two Years Barry McCarthy, CEO of Peloton Interactive, is stepping down after the company's stock plummeted 92% since he took over in a bid to revitalize the connected fitness company known for slapping iPads on stationary bikes and charging high markups. In February 2022, McCarthy—a former Spotify and Netflix executive—took over from co-founder John Foley. He attempted to turn around the company, which had experienced thousands of layoffs, management shake-ups, and outsourcing business as the Covid pop in demand faded. However, those efforts failed when Peloton announced a new restructuring program on Thursday. The struggling company plans to cut 15% of staff, or about 400 workers, and reduce its retail footprint to save $200 million by the end of 2025. "This restructuring will position Peloton for sustained, positive free cash flow, while enabling the company to continue to invest in software, hardware and content innovation, improvements to its member support experience, and optimizations to marketing efforts to scale the business. Upon full implementation, the company expects the plan to result in reduced annual run-rate expenses by more than $200 million by the end of its 2025 fiscal year," the company wrote in a press release. A series of product recalls over safety issues only added to problems for McCarthy as lower sales and profits continued sliding. The share price has plunged 92% during the CEO's tenure. Besides a new restructuring program, the company also reported it lost $167.3 million, or 45 cents per share, for the third quarter. That's better than the $275.9 million, or 79 cents per share, in the same quarter last year. Revenue totaled $717.7 million, below the average Wall Street estimate of $719.2 million tracked by Bloomberg. Here's a snapshot of third-quarter results (courtesy of Bloomberg): Revenue $717.7 million, estimate $719.2 million Connected fitness revenue $279.9 million, estimate $288.2 million Subscription revenue $437.8 million, estimate $429.7 million Connected fitness subscribers 3.06 million, estimate 3.08 million Paid digital subscribers 674,000, estimate 742,266 Adjusted Ebitda $5.8 million, estimate loss $25 million Loss per share 45c Cash flow from operations $11.6 million vs. negative $40.9 million y/y, estimate negative $29.6 million Peloton also lowered its full-year revenue guidance by $25 million to a range of $2.675 billion to $2.7 billion, a dip from last year's $2.8 billion. Here's a snapshot of the full-year outlook (courtesy of Bloomberg): Sees revenue $2.68 billion to $2.70 billion, saw $2.68 billion to $2.75 billion, estimate $2.71 billion (Bloomberg Consensus) Sees adjusted Ebitda loss $5.0 million to $20.0 million, saw loss $25 million to loss $75 million, estimate loss $62.9 million Sees connected fitness subscribers 2.96 million to 2.98 million, saw 2.99 million to 3.01 million, estimate 3.04 million Here's what Wall Street analysts are saying (list courtesy of Bloomberg):

New Japanese Banknotes to Be Issued from July 2024 Japan will issue new banknotes from July 3, 2024, in the first redesign for 20 years. The ¥10,000 bill features the portrait of entrepreneur Shibusawa Eiichi, known as the “father of capitalism” in Japan, who was involved in the creation of hundreds of private companies. This is the first change to Japan’s largest-denomination banknote since thinker and educator Fukuzawa Yukichi became the face of the bill in 1984. Tsuda Umeko, a pioneer in women’s education, replaces author Higuchi Ichiyō on the ¥5,000 bill. Bacteriologist Kitasato Shibasaburō is set to appear on the ¥1,000 bill in place of the medical researcher Noguchi Hideyo. The reverse side of bills also have new imagery, with the ¥10,000 note showing the Tokyo Station building, the ¥5,000 note wisteria flowers, and the ¥1,000 note Katsushika Hokusai’s iconic The Great Wave off Kanagawa. The banknotes feature as an anti-counterfeiting measure the world’s first three-dimensional holograms that make the portraits on bills appear to rotate when tilted. Tactile marks allow the visually impaired to identify the denominations. From the time that they are issued, the new banknotes will be available from financial institutions and ATMs. Currently issued banknotes will continue to be legal tender.