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...like the ID-card readers that go inside them. Ringdale's response: throw more resources, including employees, at its burgeoning line of light-emitting-diode products, for which it holds a number of patent applications, thereby answering increased demand for low-energy commercial lighting. "We've redeployed," says CEO Klaus Bollmann, whose firm will open one plant expansion in a few months (accounting for an additional 10 to 15 jobs) and a second, larger one next year (120 more jobs). As the economy shifts, reinvent...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...stolen bank details for several hundred members of the LGT banking group who were suspected of evading taxes by putting their money in bank accounts in Liechtenstein. That deal reportedly helped the government recover $250 million in lost revenue by the end of last year. One of the suspects, Klaus Zumwinkel, the former head of Deutsche Post, was convicted of tax evasion and received a two-year suspended prison sentence and a fine of $1.4 million. "We can't do the opposite now of what we did two years ago," Schaüble said in an interview with ZDF public...

Author: /time Magazine | Title: Why Germany Is Paying Ransom for Stolen Data | 2/3/2010 | See Source »

...Delanoë, tipped by some to contest the 2012 presidential race, is gay. And Guido Westerwelle, chairman of Germany's Free Democratic Party, has just become his country's Foreign Minister, joining a gay élite that includes the mayors of Berlin and Hamburg, Germany's two largest cities. Klaus Wowereit, Berlin's mayor, says coming out ahead of the 2001 mayoral race while under pressure from tabloids strengthened his campaign. "My confession might have contributed to my popularity," he says. "Many people appreciate honesty." (See a history of gay rights...

Author: /time Magazine | Title: Europe's Gay Leaders: Out at The Top | 1/18/2010 | See Source »

...Opel workers ratcheted up the pressure on GM by going on strike on Thursday. "It's a black day for Opel," says Klaus Franz, leader of the company's works council. "The strikes will start in Germany, and then they'll spread across Europe on Friday." Thousands of workers gathered at the carmaker's plant in Rüsselsheim to vent their anger at the aborted sale. Roland Koch, governor of the state of Hesse, told the workers that GM couldn't be trusted and that he would fight to save every German job. The strike coincided with...

Author: /time Magazine | Title: GM Keeps Opel, Announces Job Cuts, Angers Germans | 11/5/2009 | See Source »

Despite the vocal misgivings of its President, Vaclav Klaus, the Czech Republic became the last of 27 European Union member states to sign the Lisbon Treaty, removing the final hurdle for its passage. The charter, intended to consolidate and strengthen the E.U.'s governance, calls for Europe's first full-time President, a new foreign policy chief and a new voting system. It could go into effect as early...

Author: /time Magazine | Title: The World | 11/5/2009 | See Source »

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