Trump says US has given Ukraine too many weapons in first public comments on pause in shipments
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Yahoo
42 minutes ago
- Yahoo
Musk calls Bannon a ‘fat, drunken slob' and says he should be arrested as their feud rages on
Elon Musk and Steve Bannon escalated their feud over the July Fourth weekend by exchanging fiery insults over their respective platforms. On Bannon's podcast War Room, the former Trump adviser raged against Musk for polling his X followers about starting a new political party in the United States, saying Musk was being disingenuous and should be deported. 'Only a foreigner could do this,' Bannon said. 'Think about it, he's got up on Twitter right now a poll about starting an American Party – a non-American starting an American Party. No, brother, you're not an American; you're a South African.' 'If we take enough time and prove the facts of that, you should be deported,' Bannon stated. Bannon, a devoted Trump loyalist who went to federal prison for refusing to comply with a congressional subpoena, believes Musk has ulterior motives for being close to the president. He's called for Musk to be investigated multiple times. On Musk's X account, the tech billionaire responded by calling Bannon a 'fat, drunken slob' who should be in prison for committing crimes. 'The fat, drunken slob called Bannon will go back to prison and this time for a long time. He has a lifetime of crime to pay for,' Musk wrote. Musk has been a United States citizen since 2002. Despite the two men being close to Trump at various periods, they have little in common. Unlike Trump's first administration, Bannon does not have a formal role in the White House. But he has still used his platform to bolster Trump and defend him against all attacks. Bannon has been vocal about his disdain for Musk, advocating for the revocation of his government contracts and questioning his citizenship status. Musk, who helped get Trump elected with generous donations, spent several months in the administration before a bitter falling out with the president over their different perspectives on Trump's signature legislation. As a result of the recent falling out, Bannon appears to have upped his attacks on Musk. The hostile relationship between the two escalated specifically because Musk polled his 221 million X followers about launching a new political party, called the 'America Party,' on Independence Day.
Yahoo
an hour ago
- Yahoo
These EVs are set to become a lot more expensive under Trump's 'Big Beautiful Bill'
Some of the best-selling EVs are about to become a lot more expensive. Trump's "Big Beautiful Bill" eliminates the $7,500 tax credit for new electric cars. Here are the 20 electric and hybrid vehicles that qualify for the $7,500 discount. President Donald Trump's "Big Beautiful Bill" is about to make EVs even more expensive. On Thursday, the US House of Representatives passed Trump's tax and spending bill, and in doing so, killed the $7,500 tax credit for new, US-made electric vehicles. Trump signed the bill into law on Friday, meaning that the tax incentive will end on September 30th. Auto industry experts have previously warned that removing the $7,500 credit will make EVs even more unaffordable, and there are already signs that some automakers are starting to adjust their prices. Jeff Bezos-backed EV startup Slate Auto quietly removed the "under $20,000" expected price tag for its upcoming electric pickup truck from its website this week. The company had previously said it expected the customizable pickup to qualify for federal tax incentives. 20 electric and hybrid vehicles currently benefit from the $7,500 tax credit, according to the US Department of Energy's website — but for buyers looking to snap them up before the discount goes away, there are a couple of important caveats. For starters, not every version of those vehicles meets the criteria for the tax incentive. Some are limited to specific model years and trims. For example, only the 2026 version of the Hyundai IONIQ 9 qualifies for the tax credit. There is also a max retail price limit of $80,000 for vans, SUVs, and pickups, and $55,000 for all other vehicles. In addition, the credit is only available to buyers with an adjusted gross income of $150,000 or less, although the limit extends to $300,000 for married couples filing jointly and $225,000 for heads of households. There is also a separate federal tax credit of up to $4,000 for used EVs and hybrids, which applies to a much wider range of vehicles, but that will also come to an end in September once Trump signs the bill into law. Acura ZDX Cadillac LYRIQ Cadillac OPTIQ Cadillac VISTIQ Chevrolet Blazer Chevrolet Equinox Chevrolet Silverado Chrysler Pacifica (hybrid) Ford F150 Lightning Genesis Electrified GV70 GMC Sierra Honda Prologue Hyundai IONIQ 5 Hyundai IONIQ 9 Jeep Wagoneer S Kia EV6 Kia EV9 Tesla Cybertruck Tesla Model 3 Tesla Model X Tesla Model Y Read the original article on Business Insider Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
an hour ago
- Yahoo
Unilever cuts off funding for Ben & Jerry's foundation amid tensions over Gaza, audit
Unilever is cutting off millions in funding for Ben & Jerry's charitable foundation after it refused to provide audit documents, escalating what has become a microcosm for corporate 'woke' wars. Peter ter Kulve, who runs Unilever's ice cream business, told Ben & Jerry's executives in an email that the foundation's trustees 'have continued to resist basic oversight' and are not cooperating with requests from corporate auditors ahead of the ice cream business' spinoff from Unilever. The probe into the foundation began in part because of its giving to pro-Palestinian organizations, Semafor reported earlier this year. 'It represents a marked departure from the norms of charitable organizations, for whom transparency is typically a bedrock operating principle,' ter Kulve wrote in the email, which was seen by Semafor. The Ben & Jerry's foundation distributed more than $5 million of Unilever's money in 2022, to mostly progressive organizations, and has done so ever since the quirky, left-leaning Vermont creamery was acquired by the corporate giant in 2000. Since then, Ben & Jerry's politics have been a headache for its parent, and the tensions between the two have grown more acute as the business community got swept into the culture wars — first pulled to the left in the mid-2010s, then retreating rightward under the second Trump administration. Ter Kulve wrote that management of the soon-to-be standalone ice cream company had met with foundation trustees and 'consistently sought to accommodate concerns' they raised, including switching audit firms and promising to keep certain information about grantees private. 'The Foundation is a powerful force for good and has played a meaningful role in advancing the Ben & Jerry's social mission,' ter Kulve told executives. 'We remain committed to that mission.' Representatives for Unilever and Ben & Jerry's did not respond to a request for comment. A lawyer for the foundation's trustees didn't immediately comment. Unilever decided to spin off its ice cream business last year. The audit of Ben and Jerry's foundation was part of that process. But it has devolved into a turf war between Unilever and the foundation, whose trustees claim their parent company is using the transaction as a pretense to attack its charitable giving. The troubles date back to at least 2021, when Ben & Jerry's said it would stop selling its products in Israeli-occupied Palestinian territories. Unilever sold the regional Ben & Jerry's license in response. Ben & Jerry's independent directors sued Unilever in November, accusing their parent company of silencing the ice cream maker's statements in support of Palestinian refugees. Other court documents allege that Unilever muzzled Ben & Jerry's social media posts that mentioned President Donald Trump, Elon Musk, and Nelson Peltz, the billionaire investor and Unilever director who introduced the president to Musk. Activist Robbie Starbuck told Semafor earlier this year he was planning a lobbying group to pressure corporate America to drop DEI targets, to prevent 'a situation where we have totally parallel economies,' with blue brands and red brands, because it's 'going to hurt our economy.'