Latest news with #Gerber
Yahoo
2 days ago
- Business
- Yahoo
Rose Quarter Improvement Project's $450 million in federal grants in question, ODOT says
Editor's note: This story was updated to more accurately reflect the status of the federal grant money. PORTLAND, Ore. () — Hundreds of millions of dollars of federal grant money set aside for the Rose Quarter Improvement Project is now in question after the recent passage of President Donald Trump's spending and tax bill, officials said. Federal grants totaling $450 million was originally awarded to the project, according to the Oregon Department of Transportation. However, now over $400 million of that amount could be at risk of being rescinded, officials said, though ODOT is still trying to clarify this with the Federal Highway Administration. The money was promised as part of the Reconnecting Community and Neighborhoods program for restorative projects for infrastructure across the nation. Oregon music festival to conclude with 2025 event With Congress' approval of Trump's 'Big, Beautiful Bill,' that federal grant money could be at risk of being eliminated, according to Rose Gerber, a spokesperson for ODOT's Rose Quarter Project. The Rose Quarter Improvement Project aims to make safety and congestion improvements in Oregon's busiest bottleneck, Gerber said. That grant money, specifically, was earmarked for building a highway cover and central core, adding an auxiliary lane and shoulder from I-405 to the Morrison Bridge exit and extending an auxiliary lane and shoulder under the highway cover, among other project elements. 'This portion of the project design is at the heart of ODOT's commitment to addressing the negative economic and social impact due to the construction of I-5 in the early 1960s,' Gerber said. Some Oregon state dollars have been secured for the project to complete needed bridge work and stormwater facilities near I-405, which would set the stage for the larger aspects of the construction project to take place, ODOT said. Level 3 'Go Now' evacuations issued for Salem fire 'Of the $450 million granted to the project, $37.5 million for design and utility relocation has been obligated for spending for the project,' Gerber said. That $37.5 million portion of the federal grants is effectively 'protected from rescission,' she said. The transportation agency is still in the process of analyzing and understanding the impact of the recently passed federal spending bill, which was signed into law on July 4. Gerber said ODOT is 'committed to this project' and will continue working with local and federal partners in the coming weeks to carve a path forward. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Solve the daily Crossword
Elle
2 days ago
- Entertainment
- Elle
Kaia Gerber's Dating History Includes Pete Davidson, Jacob Elordi, and More
THE RUNDOWN Model Kaia Gerber has been in the spotlight since childhood, being the daughter of super model Cindy Crawford and Rande Gerber and in brand campaigns since she was a child. When she was still a teenager in 2019, she told British Vogue that her early career kept her too busy for relationships. 'When I'm working, I don't have the energy to even flirt with anyone. I'm sorry, I just can't,' Gerber said. 'But I'm not losing hope in all love forever.' In 2021, while talking to Vogue, Gerber expanded on how her romantic life had developed. 'I found myself in situations where I was, like, I actually don't have the life experience that I need to handle this,' she said of dating. 'You know, I was doing fashion month, but I was so young I had kissed, like, only one person. I had never had a high school sweetheart or anything.' Gerber has frequently been linked to older men, and explained that while working in fashion, she was mostly surrounded by older people. 'I got put in situations where one day I'd wake up and be like, 'How did I get here? I have no idea what I'm doing, and I need help,'' she explained. 'And being able to ask for that help was amazing. That's what real growing up means, not being afraid to ask.' In her process of discovery, Gerber has been in a number of high-profile relationships with other stars. Here's everything to know about Kaia Gerber's dating history so far. Model Wellington Grant was linked to Gerber in early 2019, but they never confirmed if they were dating. In February, they were seen several times in New York, including leaving the Mercer Hotel together on Valentine's Day. They later were spotted in Milan and Paris. They were seen together in March that year at a Stella McCartney show during Fashion Week. Since neither model ever admitted to being in a relationship, there's no known reason for why it may have fizzled out. In late 2019, the then 18-year-old model was reportedly dating the then 25-year-old comedian Pete Davidson. Page Six stated that they likely met while at an Alexander Wang show in June 2019, where Davidson made his fashion debut and Gerber also modeled. Davidson had been dating actress Margaret Qualley, but they split sometime in August. By November, sources told E! that Gerber and Davidson were official. 'Kaia and Pete are definitely in a romantic relationship,' one insider stated. 'They have been friends for a while now and run in the same friend circle, but became romantic recently. They started hanging out alone more often after meeting up in NYC in October. Kaia expressed she loved Pete's personality. She thinks he is charming and is very intrigued.' Davidson was living in New York City, but had been visiting Gerber in Malibu. 'They have been texting a lot this past month and are definitely seeing where it goes,' the source said. For his birthday on November 18, Gerber brought the Saturday Night Live star a birthday cake. She also brought him to a Miami wedding as her date that month. They broke up soon after, and Davidson spoke in February 2020 about how he needed to go to rehab while they were dating. 'She's very young, and I'm fucking going through a lot, and it was before I went to rehab,' Davidson said. 'It's just like, she should be having fun. She shouldn't have to worry about some dude that just has issues and shit. She should be enjoying her work." He added, 'It just wasn't the right place or the right time at all. Her parents were really helpful and stuff, so they're cool.' Cindy Crawford told Vogue in an interview that they tried to be supportive of Gerber dating Davidson while conscious it might not work out. 'So many people have difficult teen years with their kids, and we thought we'd kind of skated through that period,' Crawford said. 'And a little later, it hit us in ways we didn't necessarily expect. But you just have to let your kids fly and be there to pick them up if they fall.' In September 2020, Gerber was linked to Euphoria actor Jacob Elordi after they were seen together on both coasts and during a Los Cabos trip that month with her parents. 'Jacob is very sweet to Kaia,' a source told People in November. 'They are always very loving and cute together. It's obvious that Cindy and Rande approve of Jacob, too. They spend a lot of time together.' In her June 2021 interview with Vogue, Gerber said of her relationship, 'Being able to be with someone I trust, where we don't want anything from each other, having a safe, steady relationship like that, has really opened my eyes to the possibilities of love and what it feels like to love without conditions. Lust is touching other people or wanting them, but love is really seeing someone.' In September 2021, they walked the red carpet at the opening gala for the Academy Museum of Motion Pictures. They broke up a month later. In early 2022, while being interviewed by Men's Health, Elordi had nothing but kind words for his former flame. 'She handles herself wonderfully publicly,' he explained. 'And I've learned so much from her about how to handle it, how to deal with it, and just kind of be whatever about it, you know?' In December 2021, Gerber was linked to actor Austin Butler, but they weren't red carpet official until May 2022, when they were photographed at the 2022 Met Gala. A few weeks later, they were seen kissing at the Cannes premiere of his film Elvis. Butler won a Golden Globe for the film in January 2023, and Gerber was by his side. She joined him again in March at the annual Vanity Fair Oscar Party. They continued to date throughout the year and into 2024. They were last seen in New York City in August of that year. In January 2025, TMZ reported that they'd broken up before the new year, with a source saying, 'The relationship just simply ran its course after a good three years together.' In early 2025, a source told People that Gerber was dating actor Lewis Pullman, the 32-year-old son of actor Bill Pullman. They were seen together on his birthday at Los Angeles restaurant Salazar. 'They've been spending time together the last few weeks,' the source said. 'They're a cute couple and very low-key.' Another source speaking with Us Weekly said they'd actually been dating for several months. 'Kaia and Lewis have actually been together for a while now,' the insider explained. 'They started dating in early December [2024]. They kept it under wraps until the news of her and Austin's split came out. Kaia and Austin have been broken up since October.' The source added, 'In early December, Kaia and Lewis started seriously hanging out and were seen all around L.A., but mostly on the east side. Kaia would make sure to be in a hat to try and be unnoticed, but they would be at their favorite restaurants, bars and clubs, holding hands and showing PDA. They were just frequenting crowds that didn't really know them.' The new couple has 'known each other for a while now,' and 'run in the same circle and have similar friend groups, and that's how they were introduced,' the insider went on, saying their connection is 'very natural and relaxed.' They continued, 'Kaia likes that this relationship feels low-pressure and that Lewis is a very low-key have a lot of chemistry and a very easygoing relationship. She's really happy and feels like she can be herself. There's no pressure to be an A-list couple like there was in her past relationships.'
CNET
16-07-2025
- CNET
I Include This Do-It-All Multitool in Every Emergency Bag in My House
I have always liked DIY-ing my way around things, but before I moved to the San Francisco Bay Area, keeping an emergency go bag in the house wasn't something I ever worried about. But now I live less than a mile from the fault that earthquake experts say is the region's most dangerous. And among the most frequently asked questions in my house is, "Did you feel that?" However, natural disasters don't issue a prior warning, so my family and I have created an emergency plan for when the need arises: We keep our car fueled up, we have our portable chargers topped up and at the ready and we all know how to shut off our gas. But maybe the most important prep work we've done is to put together an emergency go bag, also known as a bug-out bag. One item I've included in my go bag is a multitool by Gerber that includes pliers, scissors, screwdrivers, wire cutters, as well as a knife. You can drop a lot of money on a multitool, and some of those more expensive models are worth it. But because I wanted to buy more than one of these -- since my kids could always use one too -- both price and weight were important to me, which is why I chose the Gerber Dime 12-in-1 Mini multitool. Usually priced at about $30, this multitool is always worth grabbing, whether it's on sale or not (right now you can get the red version for $26, a 10% discount). Below, I'll explain why I like this tool so much. For more mainstays of the go bag, here are our favorite power banks for iPhones and the best portable solar panels. Hey, did you know? CNET Deals texts are free, easy and save you money. Where this multitool fits into my emergency preparedness plans In addition to having bug-out bags at the ready, we keep an extensive earthquake kit in a big toy chest. With this big kit -- called a stay box -- weight isn't really an issue, and we can store enough food, water and whatever else we need to make it through a few days or even weeks. But in a go bag, each item has to be portable and essential, because weight adds up quickly. (This is the mini lantern I went with.) The Gerber Dime 12-in-1 Mini weighs just a few ounces and fits into the palm of my hand when it's folded up. Gerber Dime 12-in-1 Mini multitool specs Material: Stainless steel Stainless steel Dimensions when open: 5.5 x 4 x 0.6 inches 5.5 x 4 x 0.6 inches Dimensions when closed: 5.5 x 2.75 x 0.6 inches 5.5 x 2.75 x 0.6 inches Weight: 2.2 ounces 2.2 ounces Included tools: Pliers, wire cutter, tweezers, small and medium-size flat-head screwdrivers, bottle opener, retail package opener, plain-edge blade, scissors, fine and coarse files, lanyard/key ring Why the Gerber Dime Mini makes a great gift This is also a great tool to have in your car or your desk drawer at work. Gerber Gifting this multitool may seem overly practical, but there will eventually be a time that it will come in handy for anyone. Plus, you really can't beat its price compared to some of the competition out there. This is perfect for your handy friends who could always use another gadget for fixing things or someone building out their emergency bags.
Yahoo
15-07-2025
- Automotive
- Yahoo
Investor Ross Gerber is even more bearish on Tesla after Trump's tax bill. Here's how much further he thinks the stock could fall.
Ross Gerber has been calling for a painful drop in Tesla stock all year. The longtime Tesla investor sees the elimination of the EV tax credit as a new headwind. He thinks the stock should be trading more in line with the valuation of other Magnificent 7 names. One of the market's most vocal Tesla bears doesn't see a lot to get excited about for Elon Musk's carmaker through now and the end of the year. Ross Gerber, CEO and president of Gerber Kawasaki Wealth and Investment Management, has strongly critiqued the company and its leadership under Musk this year. He accurately predicted a crash in the stock price earlier in 2025 as sales stalled and investors grew dismayed with the CEO's work in politics. Tesla stock has recovered its steepest losses, but it's still down 17% year-to-date — and Gerber sees it declining even further by year-end. Geber told Business Insider that he sees the stock ending the year at roughly $200 per share, implying potential downside of roughly 36% from Monday's price of around $314. Once a prominent shareholder and Musk backer, Gerber has substantially scaled back his Tesla position, and has been clear about why. With Musk's relationship with Donald Trump on the rocks and lingering brand damage from his foray into politics during his stint at the Department of Government Efficiency, Gerber told Business Insider that he now sees another reason to be bearish on the stock. Gerber said that the One Big Beautiful Bill Act that Trump signed on July 4 will negatively impact the company. He recalled initially describing it as the "Tesla enrichment act," highlighting how much changed with the elimination of EV tax credits. The bill ends many years of government support for electric cars much earlier than expected. The $7,500 tax credit, which was a big incentive for drivers to go electric, will sunset on September 30. "Now there's nothing good for Tesla in this bill," Gerber said. "It's a serious step back for them to have to deal with this." Musk has also spoken out against the bill, directly criticizing Trump for it and describing it as a "disgusting abomination" because of its potential to increase the deficit. The president responded by claiming that the Tesla CEO may be receiving "more subsidy than any human being in history." Their public disagreement sent Tesla stock tumbling, with Gerber describing the feud as a "disaster for Tesla stock." In addition to the challenges created by eliminating a lucrative consumer incentive, he also highlighted potential problems with Tesla's hugely anticipated robotaxi service, something Musk—and Wall Street—have staked the company's future on. Gerber has instead praised Waymo, Tesla's primary rival in the autonomous driving space. In his view, Waymo's work with Lidar and digital mapping gives it a clear advantage over Tesla. "Tesla should just accept that and do what they need to do to get the service to work," he stated. "But as of now, nobody has full self-driving software that actually is consistent enough to drive across a real town." Between those challenges and the revenue loss that could stem from the end of the EV tax credit, Gerber predicts more pain for the stock. "I think the stock is way overvalued and should trade in line with its Mag 7 peers," he said. Tesla was trading at almost 170x earnings on Monday. For comparison, Nvidia stock was trading at 54x earnings. Based on his opinion that Tesla should be valued more in line with other mega-cap tech names, Gerber said the stock should be trading around $150, "plus whatever fantastical valuation you want to put on taxis and robots." Read the original article on Business Insider
Business Insider
15-07-2025
- Automotive
- Business Insider
Investor Ross Gerber is even more bearish on Tesla after Trump's tax bill. Here's how much further he thinks the stock could fall.
One of the market's most vocal Tesla bears doesn't see a lot to get excited about for Elon Musk's carmaker through now and the end of the year. Ross Gerber, CEO and president of Gerber Kawasaki Wealth and Investment Management, has strongly critiqued the company and its leadership under Musk this year. He accurately predicted a crash in the stock price earlier in 2025 as sales stalled and investors grew dismayed with the CEO's work in politics. Tesla stock has recovered its steepest losses, but it's still down 17% year-to-date — and Gerber sees it declining even further by year-end. Geber told Business Insider that he sees the stock ending the year at roughly $200 per share, implying potential downside of roughly 36% from Monday's price of around $314. Once a prominent shareholder and Musk backer, Gerber has substantially scaled back his Tesla position, and has been clear about why. With Musk's relationship with Donald Trump on the rocks and lingering brand damage from his foray into politics during his stint at the Department of Government Efficiency, Gerber told Business Insider that he now sees another reason to be bearish on the stock. Gerber said that the One Big Beautiful Bill Act that Trump signed on July 4 will negatively impact the company. He recalled initially describing it as the "Tesla enrichment act," highlighting how much changed with the elimination of EV tax credits. The bill ends many years of government support for electric cars much earlier than expected. The $7,500 tax credit, which was a big incentive for drivers to go electric, will sunset on September 30. "Now there's nothing good for Tesla in this bill," Gerber said. "It's a serious step back for them to have to deal with this." Musk has also spoken out against the bill, directly criticizing Trump for it and describing it as a "disgusting abomination" because of its potential to increase the deficit. The president responded by claiming that the Tesla CEO may be receiving "more subsidy than any human being in history." Their public disagreement sent Tesla stock tumbling, with Gerber describing the feud as a "disaster for Tesla stock." In addition to the challenges created by eliminating a lucrative consumer incentive, he also highlighted potential problems with Tesla's hugely anticipated robotaxi service, something Musk—and Wall Street—have staked the company's future on. Gerber has instead praised Waymo, Tesla's primary rival in the autonomous driving space. In his view, Waymo's work with Lidar and digital mapping gives it a clear advantage over Tesla. "Tesla should just accept that and do what they need to do to get the service to work," he stated. "But as of now, nobody has full self-driving software that actually is consistent enough to drive across a real town." Between those challenges and the revenue loss that could stem from the end of the EV tax credit, Gerber predicts more pain for the stock. "I think the stock is way overvalued and should trade in line with its Mag 7 peers," he said. Tesla was trading at almost 170x earnings on Monday. For comparison, Nvidia stock was trading at 54x earnings. Based on his opinion that Tesla should be valued more in line with other mega-cap tech names, Gerber said the stock should be trading around $150, "plus whatever fantastical valuation you want to put on taxis and robots."
