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Trump Says He'll Buy a Tesla to Help Musk

Trump Says He'll Buy a Tesla to Help Musk

Bloomberg11-03-2025
US President Donald Trump said he'll buy a new Tesla to support Elon Musk, after shares of the electric-car maker had their worst day in four years amid a growing backlash over Musk's political allegiances. Musk, who spent more than $250 million to help elect Trump and other Republicans and is now the face of the president's efforts to cut the size of the US government, responded with a simple 'Thank you.' Barry Ritholtz, host of Bloomberg's "Masters in Business" podcast, expresses his dismay that Tesla bull and Wedbush Securities analyst Dan Ives is only now calling for the Tesla CEO to "step up" and lead the EV giant instead of focusing on his work with the Trump administration and DOGE. Barry speaks with Tom Keene and Paul Sweeney on Bloomberg Radio. (Source: Bloomberg)
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Trump and Putin to meet Friday in Alaska for Russia-Ukraine war summit: What to know
Trump and Putin to meet Friday in Alaska for Russia-Ukraine war summit: What to know

Yahoo

time25 minutes ago

  • Yahoo

Trump and Putin to meet Friday in Alaska for Russia-Ukraine war summit: What to know

Trump wants a deal to end the war — but expectations are low for a major breakthrough. President Trump and Russian President Vladimir Putin will meet Friday at Joint Base Elmendorf-Richardson in Anchorage, Alaska to discuss a way forward in the Russia-Ukraine war. It will be the first face-to-face sit-down between the two leaders since 2019, and perhaps the most significant since they met alone the following year (alongside interpreters) for more than two hours in Helsinki, Finland. It will also be Putin's first meeting with a U.S. president since the start of his invasion. He previously met with former President Joe Biden in June 2021. Friday's summit comes at what could be a pivotal point in the conflict, which escalated when Putin's forces invaded Ukraine in February 2022. The fighting has since caused a staggering number of casualties on both sides. Trump has been trying for months to secure a deal to end the war, but Ukrainian President Volodymyr Zelensky was not invited to Friday's summit and foreign-policy experts question Putin's desire for peace. Expectations are low for any sort of major breakthrough. 'This is really a feel-out meeting,' Trump said Monday. 'Probably in the first two minutes I'll know exactly whether or not a deal can be made.' Here's everything you need to know ahead of Friday's summit in Alaska. Why is Trump meeting Putin now? Trump has a long history of praising Putin, and his relationship with Zelensky is fraught. When campaigning for reelection in 2024, Trump vowed to end the war during his first 24 hours back in office; he later paused U.S. assistance to Ukraine. As a result, experts have questioned whether Trump is positioned to broker a deal that both sides could agree to. Yet in recent weeks, Trump has also expressed frustration with Putin's intensifying attacks on Ukrainian cities and civilians and his seeming indifference to peace talks. When Russian missiles pounded Kyiv earlier this year, Trump accused Putin of "needlessly killing a lot of people," adding in a social media post: "He has gone absolutely CRAZY!" "I am very disappointed with President Putin," Trump told reporters on July 13, shortly before announcing a plan to send weapons to Ukraine via NATO. "I thought he was somebody that meant what he said. And he'll talk so beautifully and then he'll bomb people at night. We don't like that." In turn, that disappointment may have 'pushed the president into closer alignment with NATO allies and even Zelensky,' according to Politico. On Wednesday, Trump participated in a video call with Zelensky and other European leaders and reportedly agreed to 'five principles' for the talks with Putin. They include keeping Ukraine 'at the table' for follow-up meetings and refusing to discuss peace terms — like swaps of land between Russia and Ukraine — before a ceasefire is put in place. For his part, Trump has framed Friday's meeting as a preliminary step in a larger process, saying that a trilateral meeting with Putin and Zelensky could follow. 'First, I'll find out where we are,' Trump said Wednesday. 'If the first [meeting] goes okay, we'll have a quick second one. I would like to do it almost immediately.' At the same time, Trump insisted Putin would face 'severe consequences' if he doesn't seem serious in Alaska about ending the war. 'There may be no second meeting,' the president added, 'because I didn't get the answers that we have to have.' So far, Trump has resisted imposing tariffs or further sanctions on Russia in an effort to bring Putin into negotiations. Last month, Trump told Putin that he would have to agree to a ceasefire by Aug. 8 or face 'very severe tariffs' and a new wave of sanctions. When that deadline passed without a ceasefire deal, Trump instead invited Putin to talk in person. According to Axios, Trump told Zelensky and other European leaders on Wednesday that his goal is to get Putin to agree to a ceasefire at Friday's meeting. Why is Putin meeting Trump now? The international community has largely isolated the Russian leader since the start of the war, with both the U.S. and Europe moving to cut off Moscow's access to western markets and its fossil fuel export revenues. But sanctions have done nothing to curb Putin's aggression in Ukraine. 'I have said many times that I consider the Russian and Ukrainian peoples to be one people. In this sense, all of Ukraine is ours,' Putin told guests at the St. Petersburg International Economic Forum in June. 'We have an old rule. Wherever a Russian soldier sets foot is ours.' Analysts say that Putin sees Trump as the rare Western leader who, in his desire to make a deal, could pressure Ukraine into accepting major concessions — adding that even Trump's invitation to meet on American soil (despite Putin's international arrest warrant for war crimes) is likely seen by the Russian president as its own reward. Putin's goal Friday, as Politico recently put it, will be to 'try to repair his personal relationship with Trump in a private meeting while convincing him that Ukraine shares the blame for the prolonged conflict.' Trump has repeatedly signaled that he does, in fact, blame Zelensky as well as Putin, most recently on Monday. "I get along with Zelensky, but, you know, I disagree with what he's done — very, very severely, disagree,' the president told reporters. 'This is a war that should have never happened.' Trump has also suggested freezing most current battle lines in place, with additional "land swaps' to be agreed upon by Putin and Zelensky — an idea that Zelensky has rejected, claiming it violates his country's constitution. What does Zelensky have to say about the meeting? Zelensky has long claimed that by continuing to insist on maximalist objectives — international recognition of seized areas of Ukraine as part of 'new Russia'; promises that Ukraine will be forever barred from NATO — Putin is deliberately making demands that he knows Ukraine cannot accept in order to convince Trump that Zelensky is the problem. 'We understand the Russians' intention to try to deceive America,' Zelensky said in his evening address on Sunday night. 'We will not allow this.' Zelensky has long called for a complete ceasefire as a precondition for negotiations; he has also said he would talk directly with Putin in any format. Putin has rejected both offers. In the meantime, the two sides are intensifying their efforts on the battlefield in order to bolster their negotiation positions. Russia's troops recently 'broke through a segment of Ukraine's defensive line near the city of Pokrovsk, a longtime stronghold,' according to the New York Times — a move that shows, in Zelensky's words, that Putin is 'redeploying [his] troops and forces in ways that suggest preparations for new offensive operations.' Putin is 'not preparing for a cease-fire or an end to the war,' Zelensky claimed. Similarly, Kyiv has 'ramped up attacks on Russian oil refineries, doubling down on its strategy of pressuring Russia … by targeting the Kremlin's main revenue source to fund the war,' according to the Times.

Gavin Newsom Just Dragged Ted Cruz For His Embarrassing Math Skills
Gavin Newsom Just Dragged Ted Cruz For His Embarrassing Math Skills

Buzz Feed

time26 minutes ago

  • Buzz Feed

Gavin Newsom Just Dragged Ted Cruz For His Embarrassing Math Skills

Gavin Newsom has been speaking Donald Trump on social media the past few days! The California Governor has threatened to redraw the state's districts unless Trump steps in to stop Texas's redistricting. After hitting his 24-hour deadline with no response from Trump, it looks like the redistricting is on. On Thursday morning, Gov. Newsom tweeted, "Donald Trump and Greg Abbott are going to have a very bad day today." Welllll, ol' Teddy Cruz decided to insert himself into the drama. In a now-deleted tweet, the Texas Senator said, "If California gerrymanders from its current 43-9 Dem advantage (83%) to a 51-0 Dem advantage (100%)... then Texas should go from a 24-14 GOP advantage (63%) to 38-0 (100%). The only problem with that 43+9 isn't 51... It's 52. Newsom jumped on this, correcting him and saying, "Please learn math." He doubled down with another tweet: "Ted Cruz treating his posts like Cancun: Gets caught, then disappears." I guess we'll see what news he has in store for us today!

AT&T reached a $177M settlement over data breaches: Will you get a payment?
AT&T reached a $177M settlement over data breaches: Will you get a payment?

The Hill

time26 minutes ago

  • The Hill

AT&T reached a $177M settlement over data breaches: Will you get a payment?

(NEXSTAR) — Earlier this year, AT&T agreed to a $177 million settlement after a pair of massive data breaches had targeted customers. If you were among those impacted, we now know how you can file a claim. In March of last year, AT&T confirmed that a dataset found on the 'dark web' contained personal information for about 7.6 million current AT&T account holders and 65.4 million former account holders. That breach began in 2019, CNET reported. Then, in July, the company said the data of nearly all customers was downloaded to a third-party platform in a 2022 security breach. Two lawsuits were brought against AT&T. According to court documents, a federal judge in Texas has given preliminary approval for two settlement funds: one for $149 million, the other $28 million. Trump admin may reclassify marijuana: Would that make it legal in the US? 'While we deny the allegations in these lawsuits that we were responsible for these criminal acts, we have agreed to this settlement to avoid the expense and uncertainty of protracted litigation,' AT&T told Nexstar via email. 'We remain committed to protecting our customers' data and ensuring their continued trust in us.' A recently established settlement site has offered new details about who qualifies and how you'll get your payment. Do I qualify for the AT&T settlement? This varies based on the settlement class, according to the case website. Included in the first settlement class related to the March 2024 data breach are 'all living persons in the United States whose data elements' — names, addresses, telephone numbers, email addresses, dates of birth, account passcodes, billing account numbers, and Social Security numbers — were in the breach. 'Particularly unfair': AriZona founder considers raising price of iconic 99-cent iced tea In the second settlement class are AT&T account owners and line or end users whose data elements were involved in the 2022 breach. In this case, these data elements include telephone numbers of current and former customers, and 'the telephone numbers with which those customers interacted, counts of those interactions, aggregate call durations for a day or month, and for a small subset of individuals, one or more cell site identification numbers associated with the interactions.' If you're unsure whether you fall into either or both categories, try checking your email. Kroll Settlement Administration, the settlement administrator, said it is sending email notices to qualifying customers from the address attsettlement@ Be sure to check your junk folder. How do I make a claim? You'll need to submit a claim online by November 18, or by mail that is postmarked by the same date. Online, you'll be asked to input your class member ID from the emailed notice, as well as your email, AT&T account number, or your full name. Then you'll be guided through the form. Farmers' Almanac predicts 'wild weather' in winter outlook. Is it accurate, though? While you, as a current or former customer, may be included in the settlements, you'll also need to prove that you suffered damages because of the breaches. How much will I get? Citing court documents, USA Today and CNET report that the highest payments for those impacted by the first breach are $5,000. For the second breach, the top payment is $2,500. Remaining funds would then be distributed to others who were impacted. Qualifying for those large payments will depend on the impact you experienced from the breaches. According to the settlement site, if you experienced losses in 2019 or later because of the first data breach, you'll need to provide supporting documentation that shows 'the losses are fairly traceable' to the incident to receive up to $5,000 in a 'loss cash payment.' 'Tariff rebates' proposed: How would they work? There are alternative options for the first breach. If your Social Security number was included in the breach, you can make a claim for a Tier 1 payment. If any of your data elements were included, but not your Social Security number, you can make a claim for a Tier 2 payment. Tier 1 cash payments will be five times the amount of Tier 2 payments, according to the administrators. To receive the top payment of $2,500 in the second breach, you would again have to prove that any losses you experienced on or after April 14, 2024, are 'fairly traceable' to the 2022 incident. If you were an AT&T account owner at the time, you can also submit claims on behalf of other users on your plan. Without documentation, you can apply for a Tier 3 payment. The payout will depend on the funds remaining after other costs and service awards have been paid, and the number of valid claims submitted. Trump promised lower grocery prices 'on Day One.' Here's what happened If you were impacted by both breaches, you may qualify for payments in both settlements. However, if you're applying for the largest payouts, you'll need documentation unique to each incident, administrators explain. When will payments be made? The deadline to opt out or object to the settlements, according to court documents, will be October 17, 2025. The deadline to file a claim is set for November 18, 2025. A final approval hearing in the case has been set for December 3, 2025. It will still take some time after that date for settlement payments to be disbursed, but a spokesperson for AT&T told Nexstar that payments are expected to be issued early next year.

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