Latest news with #HaagenDazs
Bloomberg
03-06-2025
- Business
- Bloomberg
Haagen-Dazs Maker Froneri to Raise €4 Billion Debt as PAI Seeks to Keep Stake
Ice cream maker Froneri Ltd. is seeking around €4 billion ($4.6 billion) in debt to support a fund that would let co-owner PAI Partners hold onto its stake in the Nestle SA -backed joint venture and facilitate a dividend payment, according to people familiar with the matter. Banks are lining up financing for the UK-based maker of Haagen-Dazs after a request for proposals was sent out a few weeks ago, the people said, who asked not to be identified because the matter is private. The additional commitments would lift Froneri's total debt to about €9 billion, according to Bloomberg calculations.
Yahoo
20-05-2025
- Business
- Yahoo
Elon Musk talks Lincoln Bedroom stays, late-night ice cream as he steps back from DOGE
WASHINGTON − Elon Musk never asked to stay in the Lincoln Bedroom. He wants that to be very clear. That's just where he says President Donald Trump, who loves giving tours of the famous guest suite, sets him up when he stays over at the White House. 'We'll be on Air Force One, and Marine One, and he'll be like, 'Do you want to stay over?' And I'm like, 'Sure,'' Musk said. 'He'll actually call, like late at night, and say, like, 'Oh, by the way, make sure you get some ice cream from the kitchen.'' From late-night ice cream runs at Trump's invitation ‒ caramel-flavored Haagen Dazs, to be exact ‒ to better decisions he says he could have made, the tech mogul who heads the Department of Government Efficiency pulled back the curtain on his time working, and sleeping, at the White House in a group interview with a dozen journalists. More: Elon Musk receives round of applause from Trump Cabinet in apparent farewell as DOGE chief Musk, the world's richest man, is preparing to significantly scale back his role leading the cost-cutting DOGE, which has taken a battering ram to the federal government, slashing programs and cutting workforces. Musk has maintained a frequent presence in the White House during Trump's first 100 days, sometimes working in the building that doubles as the president's residence seven days a week overseeing DOGE, he said. But moving forward, Musk said, he expects to spend about a day or two a week working on DOGE matters and "every other week" in Washington as he returns his attention to his electric vehicle company, Tesla. 'Now, we're getting more of a rhythm, and so the amount of time that it's necessary for me to spend here is much less, and I can return to primarily running my companies − which they need me," he said. Musk's hourlong interview, which took place in the White House Roosevelt Room near the Oval Office, marked his most extensive remarks to a room of reporters ‒ besides his occasional interviews with Fox News ‒ since he launched DOGE at the beginning of Trump's second term. His reduced role comes after Tesla posted first-quarter earnings down 71% during the first quarter of 2025 ‒ the consequences of his increasingly polarizing brand as Trump's chief sidekick. "I'm proud of the incredible work by the DOGE team. They take a lot of flak," Musk said. "These are people that can easily get a high-paying job in the private sector, and in fact, came from high-paying jobs in the private sector." Musk said the role has been "60% fun, 70% fun," adding that it "depends on the week." "Being attacked relentlessly is not super-fun. Seeing cars burning is not fun," he said, referring to vandalism against Tesla vehicles. More: Elon Musk takes a backseat as Donald Trump reaches 100 days in office And while he will be at the White House less, Musk said he expects to retain what he described as a tiny, one-window office. "It has a view of nothing," Musk said, describing looking outside to see an HVAC unit. "Which is fine, makes it harder to shoot me. ... Not a good line of sight." Musk, however, said he has the largest computer monitor in the White House. He said he sometimes plays two of his favorite video games: Diablo and Path of Exile. The White House has considered Musk a "special government employee," giving him the title of senior adviser to the president, a role that allows him to stay on the job for 130 calendar days a year. But he isn't sure whether he will keep a formal title. "They don't put anything on my card," Musk said. "Literally, there's nothing on my card. It just says my name." Asked who on the DOGE team will fill the void, Musk responded: "Is Buddha needed for Buddhism?" "DOGE is a way of life," Musk said on multiple occasions, downplaying the effect his absence could have on the division's survival. More: Tesla profits plummet 71% amid backlash to Musk's role with Trump administration Steve Davis, a top DOGE aide and longtime Musk loyalist, is expected to assume a larger role in operations. Though Musk has cited his company demands for his diminished role, he has increasingly become a political liability for Trump, multiple polls have suggested. In addition, Musk has butted heads with top administration officials, including Treasury Secretary Scott Bessent, Secretary of State Marco Rubio and trade adviser Peter Navarro. Musk said his goal for DOGE remains to cut $1 trillion from the federal government by the next fiscal year after he appeared to drastically lower the benchmark to $150 billion in recent remarks. He clarified he was referring to the figure that DOGE has saved so far, which he said has now increased to $160 billion ‒ though the declared savings have sometimes been exaggerated or misleading. "I think it's possible to do that, but there's a long road to go. ... It's really difficult," Musk said. "It's sort of, how much pain is, you know, the Cabinet and this Congress willing to take? Because it can be done, but it requires dealing with a lot of complaints." He later acknowledged at another point in the interview, "I may not succeed." He said, "There's a lot of inertia in the government with respect to cost savings." Musk touted efforts to cut down on Americans fraudulently receiving Social Security benefits through a tweak to a government computer system. DOGE representatives also said the group has uncovered 57 cases of suspected voter fraud that they've turned over to the Justice Department for possible prosecution. One of DOGE's most controversial actions has been the systematic downsizing of the federal workforce through "fork in the road" voluntary buyouts and terminations of positions. DOGE aides who attended the interview with Musk said hundreds of thousands of employees will ultimately be reduced from the federal government. Only 1% ‒ about 20,000 employees ‒ of the overall workforce has been fired, aides said, while about 80,000 accepted voluntary 'fork in the road' buyouts. Under an executive order Trump signed on the first day of his presidency, the nearly 100-employee DOGE team is set to complete its work in July 2026, coinciding with the 250th anniversary of the signing of the Declaration of Independence. But ultimately, Musk said, DOGE could exist past that marker "for as long as the president wants." When asked about his biggest regret, Musk said he prefers to refer to them as "better decisions could have been made with the benefit of hindsight." "But of course, hindsight is 2020," he said. "In the grand scheme of things, I think we've been effective. Not as effective as I'd like ‒ I mean, we could be more effective, but we've made progress." Still, Musk seemed to take delight in the simple fact that DOGE is around. "It is funny that we've got DOGE," Musk said, bursting into laugher. "I mean, doesn't the absurdity of that seem like: 'Are we in a simulation here, or what's going on? How did we get here?'" Reach Joey Garrison on X @joeygarrison and Francesca Chambers @fran_chambers (This story has been updated with more information.) This article originally appeared on USA TODAY: Elon Musk gives glimpse inside White House as he steps back from DOGE
Yahoo
01-05-2025
- Automotive
- Yahoo
Musk says he has slept in Lincoln bedroom during late nights at White House
Tesla CEO Elon Musk revealed that he has slept over at the White House, sharing that he has enjoyed late night ice cream that President Trump recommended he indulge in. 'Sometimes I stay at the White House,' Musk told a small group of reporters at a briefing Wednesday. When asked where he sleeps, he responded, 'The Lincoln bedroom.' 'The president's, very, very, I guess we're good friends and we'll be on Air Force One or Marine One and then he's like, 'hey do you want to stay over?' and I'm like, 'sure,'' Musk said. 'I didn't request it, to be sure.' He reiterated that Trump would sometimes ask him where he would be staying that night and he would say he didn't know or at a friends house. 'Do you want to stay here?' Musk said Trump would ask him. 'I was like, sure, okay. And then he gave me a tour of the Lincoln bedroom and… oh, this is cool.' The billionaire tech entrepreneur has been at the helm of the Department of Government Efficiency (DOGE) and has been a constant presence by Trump's side since the night of the president's stunning reelection, joining him one Air Force One and in Cabinet meetings. Musk's interview with journalists in which he reflected on his time came the same week Trump marked the first 100 days of his second term. 'He'll actually call at night and say like, 'by the way make sure you get some ice cream from the kitchen,'' Musk said about Trump when he stays at the White House. 'I ate a whole tub of ice cream… Carmel, Haagen Dazs,' Musk said. 'I mean, don't tell RFK.' He laughed about his quip on Health and Human Services Secretary Robert F. Kennedy Jr., who is working on initiatives to make America healthy. 'He's actually a very good host,' Musk added about Trump. Musk's special government status is set to end May 30 and he has faced pressure from Tesla board members to return to the helm of his company after months in Washington, D.C., leading DOGE. He outlined that the cadence of his time with the White House will decrease to one to two times a week. 'I'm willing to contribute on average, one to two days a week, which, you know, probably means coming to D.C every other week for three days, type of thing. As indefinitely, as long as the president wants me to do it,' Musk said. When asked how many nights he stayed at the White House, Musk replied, 'I don't know if I should say that number,' 'More than once,' he added. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
USA Today
01-05-2025
- Business
- USA Today
Elon Musk talks Lincoln Bedroom stays, late-night ice cream as he steps back from DOGE
Elon Musk talks Lincoln Bedroom stays, late-night ice cream as he steps back from DOGE Show Caption Hide Caption Elon Musk goes from spotlight to backseat in Trump's first 100 days Over the course of President Trump's first 100 days in office, Elon Musk has gone from a central figure to a more reduced role. WASHINGTON ― Elon Musk never asked to stay in the Lincoln Bedroom. He wants that to be very clear. That's just where he says President Donald Trump, who loves giving tours of the famous guest suite, sets him up when he stays over at the White House. 'We'll be on Air Force One, and Marine One, and he'll be like, 'Do you want to stay over?' And I'm like, 'sure,'' Musk said. 'He'll actually call, like late at night, and say, like, 'Oh, by the way, make sure you get some ice cream from the kitchen.'' From late-night ice cream runs at Trump's invitation ‒ caramel-flavored Haagen Dazs, to be exact ‒ to better decisions he says he could have made, the billionaire tech mogul who heads the Department of Government Efficiency pulled back the curtain on his time working, and sleeping, at the White House in a group interview with a dozen journalists. More: Elon Musk receives round of applause from Trump Cabinet in apparent farewell as DOGE chief Musk, the world's richest man, is preparing to significantly scale back his role leading the cost-cutting DOGE, which has taken a battering ram to the federal government, slashing programs and cutting workers. Musk has maintained a frequent presence in the White House during Trump's first 100 days, sometimes working in the building that doubles as the president's residence seven days a week overseeing DOGE, he said. But moving forward, Musk said he expects to spend about a day or two per week working on DOGE matters and "every other week" in Washington as he diverts his attention back to his electric vehicle company Tesla. 'Now, we're getting more of a rhythm, and so the amount of time that it's necessary for me to spend here is much less, and I can return to primarily running my companies - which they need me," he said. 'DOGE is a way of life,' Musk says Musk's hour-long interview marked his most extensive remarks to a room of reporters ‒ besides his occasional interviews with Fox News ‒ since he launched DOGE at the beginning of Trump's second term. His reduced role comes after Tesla posted first-quarter earnings down 71% during the first quarter of 2025 ‒ the consequences of his increasingly polarizing brand as Trump's chief sidekick. "I'm proud of the incredible work by the DOGE team. They take a lot of flak," Musk said. "These are people that can easily get a high-paying job in the private sector, and in fact, came from high-paying jobs in the private sector." Musk said the role has been "60% fun, 70% fun," adding that it "depends on the week." "Being attacked relentlessly is not super fun. Seeing cars burning is not fun," he said, referring to vandalism against Tesla vehicles. More: Elon Musk takes a backseat as Donald Trump reaches 100 days in office And while he will be at the White House less, Musk said he expects to retain what he described as tiny, one-window office. "It has a view of nothing," Musk said, describing looking outside to see an HVAC unit. "Which is fine, makes it harder to shoot me . . . Not a good line of sight." Musk, however, said he has the largest computer monitor in the White House. He said he sometimes plays two of his favorite video games: Diablo and Path of Exile. The White House has considered Musk a "special government employee," giving him the title of senior adviser to the president, a role that allows him to stay on the job for 130 calendar days a year. But he isn't sure whether he will keep a formal title. "They don't put anything on my card," Musk said. "Literally, there's nothing on my card. It just says my name." Asked who on the DOGE team will fill the void, Musk responded: "Is Buddha needed for Buddhism?" "DOGE is a way of life," Musk said on multiple occasions, downplaying the affect that his absence could on the survival of the division. More: Tesla profits plummet 71% amid backlash to Musk's role with Trump administration Musk says $1 trillion goal hasn't changed Steve Davis, a top DOGE aide and longtime Musk loyalist, is expected to assume a larger role in operations. While Musk has cited his company demands for his diminished role, he has increasingly become a political liability for Trump, multiple polls have suggested. In addition, Musk has butted heads with top administration officials including Treasury Secretary Scott Bessent, Secretary of State Marco Rubio and trade adviser Peter Navarro. Musk said his goal for DOGE remains to cut $1 trillion from the federal government by the next fiscal year after he appeared to drastically lower the benchmark to $150 billion in recent remarks. He clarified he was referring to the figure that DOGE has saved so far, which he said has now increased to $160 billion ‒ though the declared savings have sometimes been exaggerated or misleading. "I think it's possible to do that, but there's a long road to go... It's really difficult," Musk said. "It's sort of, how much pain is, you know, the Cabinet and this Congress willing to take? Because it can be done, but it requires dealing with a lot of complaints." He later acknowledged at another point in the interview, "I may not succeed." He said, "There's a lot of inertia in the government with respect to cost savings." Musk touted recent efforts to cut down on Americans fraudulently receiving Social Security benefits through a tweak to a government computer system. DOGE representatives also said the group has uncovered 57 cases of alleged voter fraud that they've turned over to the Department of Justice for potential prosecution. 'Not as effective as I'd like' One of DOGE's most controversial actions has been the systematic downsizing of the federal workforce through "fork in the road" voluntary buyouts and terminations of positions. DOGE aides who attended the interview with Musk said hundreds of thousands of workers will ultimately be reduced from the federal government. Only 1% ‒ about 20,000 workers ‒ of the overall workforce has so far been fired, they said, while about 80,000 workers accepted voluntary 'fork in the road' buyouts. Under an executive order Trump signed on day one of his presidency, the nearly 100-employee team of DOGE is set to complete its work in July 2026, coinciding with the 250th anniversary of the signing of the Declaration of Independence. When asked about his biggest regret, Musk said he prefers to refer to them as "better decisions could have been made with the benefit of hindsight." "But of course, hindsight is 2020," he said. "In the grand scheme of things, I think we've been effective. Not as effective as I'd like ‒ I mean, we could be more effective, but we've made progress." Reach Joey Garrison on X @joeygarrison and Francesca Chambers @fran_chambers
The Hill
01-05-2025
- Business
- The Hill
Musk says he has slept in Lincoln bedroom during late nights at White House
Tesla CEO Elon Musk revealed that he has slept over at the White House, sharing that he has enjoyed late night ice cream that President Trump recommended he indulge in. 'Sometimes I stay at the White House,' Musk told a small group of reporters at a briefing Wednesday. When asked where he sleeps, he responded, 'The Lincoln bedroom.' 'The president's, very, very, I guess we're good friends and we'll be on Air Force One or Marine One and then he's like, 'hey do you want to stay over?' and I'm like, 'sure,'' Musk said. 'I didn't request it, to be sure.' He reiterated that Trump would sometimes ask him where he would be staying that night and he would say he didn't know or at a friends house. 'Do you want to stay here?' Musk said Trump would ask him. 'I was like, sure, okay. And then he gave me a tour of the Lincoln bedroom and… oh, this is cool.' The billionaire tech entrepreneur has been at the helm of the Department of Government Efficiency (DOGE) and has been a constant presence by Trump's side since the night of the president's stunning reelection, joining him one Air Force One and in Cabinet meetings. Musk's interview with journalists in which he reflected on his time came the same week Trump marked the first 100 days of his second term. 'He'll actually call at night and say like, 'by the way make sure you get some ice cream from the kitchen,'' Musk said about Trump when he stays at the White House. 'I ate a whole tub of ice cream… Carmel, Haagen Dazs,' Musk said. 'I mean, don't tell RFK.' He laughed about his quip on Health and Human Services Secretary Robert F. Kennedy Jr., who is working on initiatives to make America healthy. 'He's actually a very good host,' Musk added about Trump. Musk's special government status is set to end May 30 and he has faced pressure from Tesla board members to return to the helm of his company after months in Washington, D.C., leading DOGE. He outlined that the cadence of his time with the White House will decrease to one to two times a week. 'I'm willing to contribute on average, one to two days a week, which, you know, probably means coming to D.C every other week for three days, type of thing. As indefinitely, as long as the president wants me to do it,' Musk said. When asked how many nights he stayed at the White House, Musk replied, 'I don't know if I should say that number,' 'More than once,' he added.
